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Analytics for Creating More Choices

May 15, 2012 by Gary Cokins
with 44 views
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Analytics’ goal should be to gain insights and solve problems, to make better and quicker decisions with more accurate and fact-based data, and to take actions. “Big data” with high performance computing is allowing organizations to deploy business analytics to have more choices and make better decisions. [read more]

The Future of BI in Two Words

April 24, 2012 by Ted Cuzzillo
with 454 views
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Both Tableau and QlikView promise the same magic: Listen to one pitch and you might think that you’re listening to the other. Each sets itself up against traditional, big-iron BI. Each claims to empower business users by giving them all the data and control they need for free discovery. Each is easy to use. Go inside each tent, though, and you see how different they are. [read more]

Improvement Project for Services; Remember You're Never Really Done

April 13, 2012 by Jay Arthur
with 63 views
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While define, measure, analyze, improve and control (DMAIC) lead most people to believe they need to start by defining and measuring something, data about the number or cost of these types of defects are already collected somewhere by someone. Find the data! As described in my previous article about Control Charts for Services, get the data into a format that can be graphed as a control chart. [read more]

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Location Intelligence and Mobile BI: Advancing Data Analysis in the Healthcare Industry

April 4, 2012 by Lachlan James
with 327 views
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AlexanderZam/shutterstock.com

Many healthcare providers and administrative bodies have began using BI tools to unlock actionable information within their data sets and achieve higher standards of care, and better medical outcomes, in the face of tighter budgeting, increasing costs and tough regulatory environments. You’ve been considering a BI deployment, but are uncertain about the key metrics or functions that you should analyze and report on... [read more]

The Fallacy of the Data Scientist Shortage

April 1, 2012 by Neil Raden
with 1,164 views
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Photo by justgrimes via Flickr

The shortage of data scientists to handle big data is overblown. Much of these activities are currently practiced, albeit without Hadoop and some other recent innovations. But the simple truth is that even data scientists spend a good portion of their day doing things that can be done by others. In addition, the demand for data scientists is hardly even across industries and those that require these skills already have them or know how to get them, either through employment, 3rd party analytics providers, purchased apps or consulting. [read more]

3 Ways ‘Big Data Analytics’ Will Change Enterprise Performance Management

March 7, 2012 by Bernard Marr
with 1,426 views
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Photo by carlstuartjames via Flickr

Success of companies – big or small – will increasingly depend on their ability to capture, analyse and gain insights from data. While Enterprise Performance Management (EPM) has always been about collecting, analysing and reporting of data to support management decision making, the emergence ‘Big Data Analytics’ is going to change EPM as we know it. [read more]

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'Moneyball' Takes the Next Big Leap

February 29, 2012 by Paul Barsch
with 141 views
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Vidux/shutterstock

Oakland A’s pitcher Kyle McCarthy gets the Moneyball “analytics” religion and takes his game to a whole new level. [read more]

Management Education in the Age of Big Data

February 22, 2012 by Gil Press
with 298 views
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How should business schools adapt to the age of big data? [read more]

Converting Data into Decisions

February 21, 2012 by Bill Brydges
with 543 views
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Michal Kowalski/shutterstock

It’s the era of big data. Companies are inundated with data within and outside their enterprises, and it’s critical that the tools and processes are in place to get this data to the right people at the right time to make important business decisions. To ease the flow of information from various sources to business users, companies continue to make large investments in business intelligence solutions. However, too much time and effort is spent collecting and analyzing data, indicating that the full value of BI has yet to be realized. MorganFranklin Corporation recently conducted a BI survey and asked participants to share their thoughts around priorities. Survey respondents came from a wide variety of industries in the public sector, financial services, telecom, and professional services. This post shares results of that survey. [read more]

Target, Pregnancy, and Predictive Analytics - Part I

February 19, 2012 by Dean Abbott
with 632 views
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Photo by Torsten Mangner via Flickr

There have been a plethora of tweets about the New York Times article "How Companies Learn Your Secrets", mostly focused on the story of how Target can predict if a customer is pregnant. The tweets I've seen on this most often have a reaction that this is somewhat creepy or invasive. I may write more on this topic at some future time (... [read more]

What Is a Data Scientist (and What Isn't)?

February 17, 2012 by Neil Raden
with 1,250 views
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Jose Gil/shutterstock

Certified Data Scientist? I don’t think so. Fellow of Quantitiative Analysts Society? Better. Data Alchemist? I like that, but it’s not really comprehensive enough. Let me have your suggestions. [read more]

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Of Baby Black Swans and the Race to Zero

February 15, 2012 by Paul Barsch
with 157 views
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Sharon Day/shutterstock

As technology proliferates and advances thus speeding processes, it appears humans are increasingly removed from decision making. Thus ensuring a little slack in the system may not be enough to protect from system meltdown. [read more]

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Business Intelligence – The Power of Human Emotion

February 15, 2012 by Leena Kamath
with 373 views
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Photo by Dimitris Kalogeropoylos via Flickr

2011 was noted as the year that demonstrated the “power of the human emotion.” It was the year where human emotion exhibited itself through mediums that go beyond satisfaction surveys. Here are a sample pick of my favorite emerging business -- technologies in the areas of Business Intelligence and analytics! Read on... [read more]

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Analytics: What’s Passion Got to Do with It?

February 14, 2012 by Meta S. Brown
with 407 views
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Lightspring/shutterstock

Long, long ago, in a land far, far away, there were frogs. Lots and lotsa frogs. Oh, the frogs were really beautiful princesses and handsome princes, but you’d never know it. They never got around to any kissing! Why not? They must have lacked passion. [read more]

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The ‘Big Data’ Buzz – Revolution or Evolution?

January 25, 2012 by Bernard Marr
with 562 views
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Photo by Bruce McKay via Flickr

In this post, Bernard Marr discusses whether the emergence of big data analytics means a revolution or more an evolution of the way we collect, analyse and use data to inform management decision-making. [read more]

Handling The Big Data Faucet

December 2, 2011 by Bob Zurek
with 201 views
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"With all these challenges, comes great new innovation for the future of business intelligence and data management. Today, our industry is going thru a very large inflection point and change and with this change comes huge opportunities to innovate." [read more]