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Business Intelligence

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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]

Indispensable Money Management Apps for Smartphone Users

February 16, 2015 by Philip Cohen

Money management.

Managing finances has never been easier for smartphone users since it is simple to keep track of where their money is going through the assistance of the mobile apps. Some of the most important money management applications for the users of smartphones are listed below:[read more]

How to Position Big Data

February 11, 2015 by Martyn Jones

Position big data.

Fueled by the new fashions on the block, principally Big Data, the Internet of Things, and to a lesser extent Cloud computing, there's a debate quietly taking please over what statistics is and is not, and where it fits in the whole new brave world of data architecture and management. For this piece I would like to put aspects of this discussion into context, by asking what 'Core Statistics' means in the context of the DW 3.0 Information Supply Framework.[read more]

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Why Are Mid-Market Companies Waiting to Embrace Big Data?

February 7, 2015 by Mithun Sridharan
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Big insight.

Though many companies endorse the potential benefits of Big Data, very few are actually giving this development some serious thought. Particularly, many mid-market companies view this trend with much skepticism and closely seek confirmation from their risk affine industry peers. Among the numerous factors that hamper Big Data adoption in this sector, the most dominant is the Penguin Effect.[read more]

The Case for a 'New IT' Operating Model

February 4, 2015 by Bob Dvorak

Enterprise IT.

An IT budget is more than dollars and cents; human capital helps power innovation. The new IT operating model embraces a lean, rationalized application portfolio designed to free up resources. Embrace the power of the new IT operating model and drive digital innovation so your company not only survives but thrives.[read more]

Can We Actually Confront Data Quality With Business Intelligence?

February 2, 2015 by Mario Barajas

BI & data quality.

Perfecting your data quality is a lofty dream better left in the clouds. Learning how to improve it and making practical changes to your data collection practices, however, is totally attainable using business intelligence solutions. This article explores different ways in which BI makes an impact on the culture of data quality at your organization[read more]

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How Real-Time Financial Data Makes Small Companies More Robust

February 2, 2015 by Mark Halstead

Data-driven innovations and analytics are helping to reshape the way that small businesses think about their customers and their services. But access to real-time financial data is also having big impact on the way in which smaller companies manage their suppliers and ensure their own operational stability.[read more]

Business Analytics Error: Learn from Uber’s Mistake During the Sydney Terror Attack

January 24, 2015 by RK Paleru
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Uber.

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]

Business Intelligence Is the Key [INFOGRAPHIC]

January 20, 2015 by Sam Hudgins

Business intellegence.

Knowledge is the new frontier and those ahead of the game are the true leaders in the world today. Having an edge on the competition or involving a new process into the daily workflow are some of the keys to success in our age of information. With data being such a precious commodity, we should all find best practices on how to create, manage and disperse this knowledge.[read more]

Aligning Big Data

January 18, 2015 by Martyn Jones

Aligning big data.

This is an overview of the realignment and placement of Big Data into a more generalized architectural framework, an architecture that integrates data warehousing (DW 2.0), business intelligence and statistical analysis.[read more]

Is the Data in Your CRM a Ticking Time Bomb?

January 16, 2015 by Martin Doyle
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Is your CRM a ticking time bomb?

The maturing CRM market is a reflection of our desire for data. Data lets us understand our customers, communicate more effectively with those customers, and segment them for more effective marketing. This is why many businesses harvest massive amounts of data about their customers and store it in their CRM, then leave it to fester, either neglecting it or harvesting even more.[read more]

VC Investment Analytics on 20 Years of Investment Data

January 15, 2015 by Nilesh Jethwa

VC investment analytics.

In this article, we will perform straight analytics on a huge dataset available from https://www.pwcmoneytree.com/. PWC Money Tree provides a data dump of all the venture capital investments from 1995 onwards. Having data that goes that far back should give us what we need to extract interesting and helpful findings.[read more]

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How Your Small Business Should be Taking Advantage of Big Data

January 14, 2015 by Philip Cohen

Big data and small business.

Big data has been a term widely related to big business. However, more small businesses are taking advantage of the insights that it can offer. If you own a small business and you're not sure how you should take advantage of big data, keep reading for more helpful tips.[read more]

No, You Don't Need a Data Scientist Army to Understand Consumers

January 6, 2015 by Mark Harrington

Data scientist army.

Today's advances in consumer management technology are facilitating a paradigm shift for brands to achieve authentic understanding and generate genuine loyalty from their best customers. For brands that are embracing this technology, loyalty has shifted from a reactive, “wait and see” approach to a proactive, “design and drive” initiative, free of data-head squads.[read more]

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The World’s Largest, Fastest, Most Agile Supply Chain

December 31, 2014 by Keith Peterson

Supply chain.

There is one shipping firm in the world, maybe the galaxy, that is counted on more than FedEx, UPS, and DHL combined. In fact, this organization has an even more complex supply chain. It takes its own orders, makes its own goods, and ships them all in one night.[read more]