Mercedes-AMG Petronas Motorsport: Setting Up for Success by Expecting the Unexpected

Fail Fast, Succeed Faster

Mercedes-AMG Petronas Motorsport: Setting Up for Success by Expecting the UnexpectedFail Fast, Succeed FasterIf you work for an innovative company, you know the term "fail fast and fail often." What was once taboo is now the guiding principle that drives company culture. In fact, failing fast and failing often is the best-kept secret in digital transformation, imperative to a business' success. It creates innovation by providing the freedom to think beyond how things have always been done—and to disrupt and change for the better.

However, fail fast and often needs to be done in a highly quantitative manner, with appropriate analytics tooling and within the context of examining potential outcomes, value theses, and ROI tradeoffs. To anticipate the future, you need to be prepared analytically and for many potential scenarios, and know how to react quickly. This is TIBCO's DNA embodied in the Connected Intelligence platform and portfolio of products.

In this part of our "expecting the unexpected" series, learn how the team uses data analytics to identify potential problems, find opportunities for improvement, and collaborate within sub-groups to make that improvement a reality.