Owning and operating a small business comes with unavoidable hurdles that, if poorly navigated, have the potential to sink the business for good. One of these hurdles is the need for business efficiency, which can be challenging for up and coming organizations that lack the funds of larger companies to purchase the latest software programs for streamlining every operation. If you’re a small business owner, there is plenty of hope for you and your employees to break through these challenges by incorporating seven key efficiency tips into your small business.[read more]
Although we are now in the 21st century, you would not know it by the look of most offices. Worse still, the idea of a smart office is often ridiculed as utopian. But, in fact, everything necessary for a smart office is available. You can buy everything you need. You can buy it online or offline. You can buy the best hardware and the latest software without a problem. You can decorate with enthusiasm from a wide variety of furniture or art.[read more]
There is a lot of work in the industry today aimed at simplifying analytics processes by abstracting the complexity of underlying analytical platforms. One example is the Teradata Unified Data Architecture, which I like to call a Unified Analytics Environment. While I naturally know Teradata’s approach best since I work for the company, there are other organizations aiming for the same goal. The future is heading in this direction.[read more]
The CDO Summit 2015 (at the Thomson Reuters office in New York City) hosted Chief Digital Officers, Chief Data Officers and other C-suite digital leaders from a range of industries including retail, finance, healthcare and technology. Organized by the CDO Club, a packed day of sessions, panels and knowledge-sharing highlighted original research, the CDO jobs landscape and the challenges faced by CDOs as they focus on digital transformation at their companies.[read more]
Recently, as a sad day of terror ended in Sydney, a bad case of Uber’s analytical approach to pricing came to light - an “algorithm based price surge.” Uber’s algorithm driven price surge started overcharging people fleeing the Central Business District (CBD) of Sydney following the terror attack.[read more]
The Internet is our greatest shared resource, and recently, it's status as a forever renewable resource has been called into question. To thank for that? Lawmakers and lobbyists looking to make a quick buck or two off of a service we have all come to know as "utility."[read more]
What do you really mean by "digital," and is there really anything today that is not digital? Does digital just mean connected? Does it mean a device? What do I mean when I call a company a digital company? Do you only need have a website to be considered such?[read more]
For a business, the ability to have its production, stock control, distribution and security systems all connected and talking to each other will mean greater efficiency and less waste. Every area of industry is learning to reap the benefits of big data analysis, and it looks certain that finding innovative methods of gathering, recording and analyzing data is going to play a big part of business in the foreseeable future.[read more]
Venture Capital firms and Angel investors pumped in over $3.6 billion into Big Data startups in 2013 and investments this year are expected to top this figure. Jake Flomenberg started writing code and managing products with Lockheed Martin and Cloudera before moving into a role with Splunk.[read more]
Business planning as practiced today is a relic, a process hemmed in by obsolete conceptions of what it should be. I use the term “business planning” to encompass all of the forward-looking activities in which companies routinely engage, including, for example, sales, production and head-count planning as well as budgeting.[read more]
Ready to be shocked? Many of business intelligence strategies are flawed - focusing on the wrong things, in the wrong order, and going about delivering an ROI in the wrong way. The bottom line: the best business intelligence strategy strives to keep business intelligence focused, benefit-led, and affordable.[read more]
VisionWaves is a software provider that has developed tools of this sort aiming to help users visualize and understand what is happening and how it relates to important business areas, thereby achieving a comprehensive view of their business. Beyond monitoring their organization from a data perspective, VisionWaves’ complete business cockpit enables users to connect the dots between data, processes, and people.[read more]
There is a growing body of evidence to demonstrate that poor data quality (DQ) has a major economic and reputational impact on organizations. There are a plethora of reasons why businesses fail to accept cases for action and change, whether they are data related or not.[read more]
The moderated business community for business intelligence, predictive analytics, and data professionals.
|How do you innovate effectively and maintain a competive edge?|
Learn how in our exlcusive ebook, "Bad Data Need Not Apply: Designing the Modern Data Warehouse Environment."