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Business Intelligence

Collaboration Is Vital to Success [VIDEO]

June 23, 2014 by Ray Major

The BIg IDEA video series.

The value derived from “Business Intelligence” comes not from the data itself, but the ability to interpret, interact with, and learn from that data. And the best way to accomplish this is to give your people the tools to share their insights and knowledge as simply and easily as possible.[read more]

How Technology Changed Customer Relation Management Systems

June 20, 2014 by Jessica Oaks
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Customer relation management systems.

Prior to the advent of digital technologies such as software and hardware, Internet and cloud-based programs, and data analysis tools, CRM was inefficient, often unreliable, and difficult. Now, with the help of technology, CRM has become, if not perfect, at least streamlined and more effective. There now exist tools which allow businesses to lower costs and increase revenue, all through customer relations.[read more]

Why This Cloud ERP Provider Is Getting Interested in eCommerce

June 19, 2014 by Anand Srinivasan

eCommerce.

NetSuite made an announcement during the course of the Internet Retailer Conference & Exhibition. The company announced a platform that will aid wholesale distributors in fast-tracking their B2B e-commerce deployment. So what exactly is NetSuite up to?[read more]

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Implementing Successful Business Intelligence Projects: What the 2014 World Cup Can Teach Us

June 18, 2014 by Richard Thelwell

The World Cup and BI.

One of the biggest concerns for World Cup organisers has been the security concerns brought about by recent strikes throughout the country, many of which have escalated into violence. With key political figures from around the world expected to be in attendance, it is crucial that security is tight.[read more]

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How Big Data Will Change Marketing Forever

June 17, 2014 by Bernard Marr
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The Big Data Guru column.

Companies have been collecting data on us for decades, but since we all went online - and in particular since we got social online - the amount we give away about ourselves and the number of ways a business can exploit that information, have exploded.[read more]

Introducing the Knowledge Worker [VIDEO]

June 15, 2014 by Ray Major
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BIg idea video.

There’s been a fundamental shift in the workforce over the last 50 years. In years past, many occupations required manual labor and physical work to accomplish daily tasks, where today the majority of the workforce uses the knowledge they've acquired about their business ecosystem to accomplish their job goals.[read more]

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How Amazon Uses Big Data to Boost Its Performance

June 10, 2014 by Bernard Marr

The Big Data Guru column.

We all know that Amazon pioneered e-commerce in many ways, but possibly one of its greatest innovations was the personalized recommendation system – which, of course, is built on the big data it gathers from its millions of customer transactions. Amazon has grown far beyond its original inception as an online bookshop.[read more]

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What does Whale Vomit have in Common with Big Data and Analytics?

June 5, 2014 by Ray Major

Whale vomit and value.

Many businesses are figurative whales. They create voluminous amounts of data as a by-product of just existing as a business. Some of the data they collect is valuable to them but, in most cases, they are unaware that much of the data that they collect might have significant value to others. It just sits there unused in the bowels of some centralized data center.[read more]

Big Data and the Internet of Things: A Powerful Combination

June 4, 2014 by Gil Allouche
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Big data and the Internet of Things.

So what exactly is the internet of things? There’s so much hype surrounding it, yet many people don’t really know what it is, or what to expect from it. Simply put, the internet of things is when basically everything we do is online. To some degree we’re already seeing the beginning of that, and it’s just going to continue.[read more]

Data-Driven Journalism Will Save Democracy and Your Identity, Too

June 3, 2014 by Tracey Wallace

Data-driven journalism.

Today, with the emergence and prevalence of big data, journalism is ever-more at the front lines, fighting for proper data use for the public as well as within the journalism field itself. In the industry, this is known as data-driven journalism — a type of writing and reporting, though historically always a part of the journalistic process, that involves using analytics, numbers, point of information to tell a wider, yet more relevant narrative.[read more]

Using Big Data to Win: How to Create Data Driven Strategies for Your Company

June 2, 2014 by Kalie Moore

Using big data to win.

A data-driven approach to business is mandatory to stay competitive in your industry. How are companies harnessing this power to disrupt their industries? From data models to marketing, to applying big data to saving the environment, here are our favorite examples of using data to innovate and some tips to build a data-driven strategy for your company.[read more]

2020: US Banks Are Betting Big on Analytics

May 31, 2014 by Naagesh Padmanaban

US banks and analytics.

Most US Banks – small and big are on board this transformational journey. These initiatives involve great investments and outcomes are keenly tracked. Many careers are at stake. But those that succeed will form the backbone of US Banks 2020. This obviously will result in intense competition and change the banking landscape in the US forever.[read more]

Business Intelligence and Your Business: Ignorance Is Not Bliss

May 28, 2014 by Ray Major
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Ignorance is not bliss, you need BI.

Once you have identified the data sources needed, we can use those to impact your business processes. You can measure those business processes using your performance indicators and result indicators - and those in turn support your KRIs and KPIs, which support your critical success factors and ultimately help you achieve your corporate goals.[read more]

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Big Data and Analytics In Sports: A Game Changer

May 27, 2014 by Bernard Marr

The Big Data Guru column.

This posts explores how big data and analytics are transforming sports to monitor athletes and players, improve their performance, reduce recover times and make sports more engaging and entertaining for the spectator and TV audience.[read more]

Business Intelligence Isn't Just About Technology [VIDEO]

May 21, 2014 by Ray Major

Ray Major.

The purpose of business intelligence is to empower human intelligence, not just build fancy reports. If you look to BI to change the culture of your business and empower humans, instead of just another piece of technology in your organization, you will have a much more successful implementation and see a faster ROI.[read more]