Analytics Incubator
Build, pilot, and test Design and build approved solutions, which are deployed across a subset of the business. The team tests, learns, and refines the solutions before scaling more broadly.
Validate3
Candidate solutions are implemented in a small-scale environment, which enables quick evaluation and tweaking. The goal is to rapidly evaluate validity and potential value of analytic solutions and insights.
Initial proof of concept LESS THAN 90 DAYS
Test2
Rapid solution discovery LESS THAN 30 DAYS
Explore
One or more potential high-value analytics opportunities are identified. A cross-functional team prioritizes and evaluates potential solutions to determine which ones are candidates for investment—and the incubation process begins.
1
Adopt across the enterpriseThe team evaluates the value generated by each pilot to determine whether a solution should be abandoned or adopted. Approved solutions are refined and deployed across a specific business function or throughout the enterprise.
Scale4
Test,Innovate,Learn
AdoptedSolutions
PotentialSolutions
DELOITTE INCUBATION PROCESS
PREDICTIVEDIGITALDRIVERS
MARKET SHARE DRIVERS
PRODUCTINNOVATION
SUCCESS
SAFETY &EXCESS
INVENTORY
PREDICTIVEDIGITALDRIVERS
CUSTOMERSERVICE
MARKET SHARE DRIVERS
COMPETITIVEANALYSIS
SKU RATIONALIZ-
ATION
CATEGORYANALYTICS
CUSTOMERSERVICE
ANALYTICS
BRANDSTRENGTH
CUSTOMERPROFIT-ABILITY
PRICINGANALYTICS
DEMANDGENERATIONANALYTICS
BRANDSTRENGTH
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TEST FAST. BUILD SMALL. SCALE FAST. Waiting on ROI. It’s an all-too-familiar position for many companies. Millions of dollars are invested in Enterprise Resource Planning (ERP) and legacy technologies to improve reporting and aid decision-making, but tangible value has yet to materialize. Many companies find it difficult to justify a move into big data and analytics. Leadership could ask, “Where is the value? And when will we see it?”
Deloitte’s Analytics Incubator helps risk-wary businesses answer these questions in a strategic, cost-effective manner. Here’s how the four-step incubation process can decrease the time to value.