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How Analytics Tools Measure a Corporate Turnaround

By Stephanie Overby, CIO
August 22, 2013 09:51 AM ET

CIO - When Mike Mahoney took over as CEO of medical device maker Boston Scientific in 2012, the challenges were clear: the company was losing money and the markets for its biggest businesses were stagnant or shrinking.

Mahoney slashed spending, cut jobs and made select acquisitions. But what he really thinks can save the company in the long run is information -- better, more consistent information available quickly to everyone, from the executive team down to the interns.

Mahoney, who spent more than a decade at metrics-driven GE, "is a very technology-focused guy," says Boston Scientific CIO Rich Adduci. "He understands how transformative information can be to a business."

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