The document summarizes two key insights from an article on simplifying analytics strategies: 1. There are methods to simplify complex analytics strategies, such as accelerating data processing, delegating work to analytics technologies like business intelligence and data visualization, data discovery, analytics applications, and machine learning. 2. Companies can take either a hypothesis-based or discovery-based approach to solve business problems depending on how much is known about the problem and potential solutions. A hypothesis-based approach is best for known problems with known solutions, while discovery-based is best for known problems with unknown solutions.