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The Economic Impact of Cloud Goes Beyond Business Cost Savings

February 26, 2015 by Anand Srinivasan

Cloud computing.

RingCentral published a report last year in conjunction with Forrester that looked into the economic impact of adopting cloud. According to the study, enterprises, with an average size of 600 employees, tend to save as much as $512,000 over PBX systems, another $95,200 over CRM system integration and could potentially increase revenue by as much as $5.3 million.[read more]

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Careful: Don't Drown in Your Data Lake!

February 24, 2015 by Bernard Marr

The Big Data Guru column.

You’ve probably heard of data warehousing, but now there’s a newer phrase doing the rounds, and it’s one you’re likely to hear more in the future if you’re involved in big data: ‘Data Lakes.’ So what are they? Well, the best way to describe them is to compare them to data warehouses, because the difference is very much the same as between storing something in a warehouse and storing something in a lake.[read more]

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Four Ways to Develop Customers for Life

February 24, 2015 by Don MacLennan

SaaS.

With the advent of Software as a Service (SaaS) and other subscription-based business models, Don discusses why it’s more pressing than ever to prevent churn. Your business can reach a 20 percent higher multiple in valuation with just a 2 percent reduction in churn.[read more]

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Hygienic Hadoop Data Lakes Not Just Happenstance

February 23, 2015 by Paul Barsch

Risky Business column.

If you work with Hadoop on a daily basis you already know that data cannot simply be dumped into Hadoop’s file system and be of high value to rank and file business users. To be sure, data management is crucial if you’re planning on Hadoop serving as a true lake or “hub” for all your organization’s data.[read more]

Are You Overlooking 5 Critical IT Security Measures?

February 26, 2015 by Kyle Cebull

IT security.

Let me ask you something: How well equipped is your company to deal with and respond to a potential data breach? On a scale of 1-10. Do you know? Not sure? Experian put out an interesting report regarding data breach preparedness. They found that 23% of respondents believed that their organization doesn’t understand what needs to be done following a material data breach to prevent loss of customer and client trust.[read more]

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Big Data News Bulletin: The Stories You Can't Miss in Feb/March 2015

February 26, 2015 by Bernard Marr

Big data news bulletin.

Barack Obama is said to have hand-picked D J Patil as the US Government’s first ever Chief Data Scientist. Patil made his name working for a long list of Silicon Valley tech companies including Paypal, Skype, LinkedIn and Ebay.[read more]

Blockchain Technology Explained: Powering Bitcoin

February 25, 2015 by Nermin Hajdarbegovic

Blockchain.

The blockchain is the backbone of the bitcoin network and provides a tamper-proof data structure, providing a shared public ledger open to all. This article provides insight in blockchain technology, current status and its potential.[read more]

Using Decision Modeling to Make Predictive Analytics More Pervasive

February 25, 2015 by James Taylor

Predictive analytics.

So what is a decision requirements model? A decision requirements model describes the structure of the decision making involved in a decision you make over and over again like approving claims, pricing deals, making marketing offers or picking suppliers.[read more]

A New Generation of Analytics Offers Help for Sales

February 25, 2015 by Mark Smith

Sales and investment.

All lines of business are under pressure to meet targets and deliver expected results, but none is under more pressure than Sales. Like other organizations it must use information to derive insights about progress and problems and to decide what changes to make.[read more]

DDoS - The Greatest Tool of Hackers in 2015

February 24, 2015 by Kelvin Smith

DDoS attack.

DDoS attacks have become a common buzzword for many enterprises with the increasing number of devices getting compromised. There is an overall impression created by such attacks that Anonymous is thrashing down not only the small but also the biggest players in the game without exemption from the attack.[read more]

Market Research and Big Data: A Difficult Relationship

February 23, 2015 by Istvan Hajnal

Market research & big data.

My advice to the market research world is to stop conceptualizing so much when it comes to Big Data and Data Science and simply apply the new techniques there were appropriate.[read more]

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Understanding Virtual Technology and the Benefits of Virtual Networks

February 23, 2015 by Anand Srinivasan

Virtualization.

A virtual network transforms the network operating model. Businesses that use it benefit from better, faster, and more efficient operations. In addition, service quality across a wide spectrum of IT functions improves dramatically[read more]

The Establishment of Data Preparation

February 22, 2015 by Mark Smith

Data prep.

Data preparation efforts often encounter challenges created by the use of tools not designed for these tasks. Many of today’s analytics and business intelligence products do not provide enough flexibility, and data management tools for data integration are too complicated for analysts who need to interact ad hoc with data. Depending on IT staff to fill ad hoc requests takes far too long for the rapid pace of today’s business.[read more]

The TCO of Analytics in the Cloud and the Mid-Market Advantage

February 21, 2015 by Lyndsay Wise

Within analytics specifically, SMBs have been hard pressed to take advantage of solutions that required new hardware and large up front investments. Although many solutions now provide offerings targeted specifically to this market, the reality for many is that without a data centre or dedicated analytics and data warehousing expertise in-house, the ability to build complex applications becomes a challenge.[read more]

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Big Data and Mobile Gaming

February 20, 2015 by Jessica Oaks

Mobile gaming.

Electronic gaming as a whole is now valued at more than 90 billion dollars and the mobile gaming segment is poised to overtake the console industry in the worldwide market as soon as this year. Clearly this is a time of big changes in the gaming sphere. Mobile gaming is blowing up, games are cheap and plentiful, and in many ways there has never been a better time to be a player.[read more]

Business Is Winning the BI Battle, but Should It Be a Battle?

February 20, 2015 by RK Paleru

Business and BI.

Every year I look to Gartner’s predictions on the Business Intelligence and Analytics market, not only because I want to know what’s right and where the market is headed but also to learn what maybe wrong and what can practitioners like me learn from it.[read more]

Securing Data Vital to Personalized Customer Experiences

February 20, 2015 by Natalie Lehrer

Securing data.

Personalization, the killer user engagement feature, is built on trust and data security. User data, displayed on websites and available through secure APIs, is the new pivot for enterprise IT that will drive the evolution of security practices and customer engagement in 2015 and beyond.[read more]

Digital Risk Management: Why Cyber Security Measures Aren’t Enough

February 19, 2015 by Michael McQuinn

Cyber security.

Most companies of scale have cyber security measures in place – software solutions, policies and protocols, and regular assessments conducted by IT staff members around compliance and efficacy. With these measures in place, the executive management team might feel confident that their digital data is secure – until they’re blind-sided by crisis-inducing error or a data leakage event.[read more]

10 Really Cool Data Cartoons You Have to See!

February 19, 2015 by Larisa Bedgood

Big or small data.

There are so many blogs about data do’s and data don’ts, Big Data, Small Data, and Hard-to-Find Data. We are living in a world where data is the new currency and businesses are trying to collect it is as fast as consumers are producing it.[read more]

Do You Have a Love-Hate Relationship With Your Data?

February 19, 2015 by Martin Doyle

Love-hate relationship.

When the business is ticking over nicely, and data is fresh, everyone’s content and happy. They can get on with their work, free from the burden of decrepit databases and phone numbers that never connect. But then the honeymoon period ends, and the relationship needs work. It’s getting harder to email people.[read more]