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Data Quality

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5 Big Data Hadoop Use Cases for Retail

September 30, 2014 by Sameer Nori

Hadoop for retail.

How does Apache Hadoop help retailers? Apache Hadoop is not just a data storage and processing framework - it is an transformational platform, especially for retailers who want to analyze customer data and improve revenues and the general customer experience.[read more]

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Gaining an ‘Unfair Advantage’ with Predictive Analytics

September 25, 2014 by Kristen Paral

Predictive analytics.

Predicting the future is no longer just science fiction. Data tools today are smarter, faster and more intuitive than ever before, and data scientists are making what was once viewed as futuristic capability a reality in today’s organization.[read more]

Big Data and Ford's Faster Horses

September 15, 2014 by Arent van 't Spijker

Horse? Or horseless carriage?

In the late 19th century, a New York City planner put out a warning that by 1950 the city would be completely uninhabitable. The problem, as he saw it, was that at the current growth rates the city would not be able to sustain the growing number of horses.[read more]

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Derailing Your Supply Chain BI Project

September 1, 2014 by Ray Major

Derailing a project.

Remind people that data doesn’t kill dreams. A Supply Chain Business Intelligence initiative is not a funeral service for their creativity. Quite the opposite, in fact. The insights they gain from BI will pave the way for the boldest, most creative options you’ve ever considered as a business.[read more]

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5 Powerful Ways Retailers Can Leverage Big Data and Hadoop

August 30, 2014 by Michele Nemschoff
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Leverage big data and Hadoop.

Big data isn’t just for developers and analysts in the technical arena. In today’s digital age, big data has become a powerful tool across industries. In fact, many retailers are experiencing major growth thanks to the big data industry. According to research by Monetate, retailers have big plans in store for big data. Let’s take a look at big data initiatives throughout the retail industry.[read more]

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Data Science: What Companies Need to Know

August 23, 2014 by Kristen Paral

Data science.

Take a look at Google, Uber, Amazon or Airbnb. All of them are utilizing big data and data scientists to derive business insights and making quantum leaps in their respective business models. Many companies don’t understand the full value of what data science can deliver, revolutionizing their big data into actual results.[read more]

5 Tips to Consider When Designing Supply Chain Key Performance Indicators

August 22, 2014 by Ray Major

KPIs.

You can’t predict anything with 100% certainty, and your predictive power wanes the farther out you gaze. The study of KPIs over time is all about finding patterns and signals, then applying intelligence in order to make better decisions and gain wisdom.[read more]

Supply Chain Business Intelligence Is More Than Just Technology

August 20, 2014 by Ray Major

Supply chain BI.

Interestingly the technology implementation requires the most hard dollar costs, and returns the least in terms of ROI. The real value in Holistic BI is in garnering the corporate buy in or, in other words, training the people to make better data-driven business decisions based on the data.[read more]

We Need an "Internet of Not Only Customers"

August 8, 2014 by Peter Perera
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Internet for not only customers. 

CRM software vendors tout a similar story-line. “Focus on customers”, they all say. SalesForce, for example, advocates creating an “Internet of Customers” and become a “Customer Company”. But paradoxically, customer fixation may not be how to best improve customer growth, engagement and customer experience. If anything, establish an “Internet of Not Only Customers”. Turn into a “Connections Company”. To help pull this off, CRM software needs to be more context-aware and behave more like a graph database. Knowing customers requires also knowing all their possible contextual identities and corresponding connections to others.[read more]

Why Data Should Be a Business Asset: The 1-10-100 Rule

August 5, 2014 by Martin Doyle

The 1-10-100 rule.

If you run a business, or even just run a household, you’ll understand that chaos creates waste. How many times have you rushed to find an important document, such as a birth certificate, only to have to pay out for an emergency replacement? How many hours have you wasted searching for lost keys, lost passports and lost letters?[read more]

Why Oh Why Is It So Difficult? Implementing Sales and Operations Planning

August 1, 2014 by Ray Major

Sisyphus.

Embrace the fact that the data isn’t where it needs to be. Make reliable data part of the project, not a prerequisite. Doing this will help everyone envision the desired future and will set the stage for some quick wins. And quick wins will unleash the dynamic duo of momentum and optimism.[read more]

Data Controls and Customer Loyalty: How Big Companies Keep Clients

July 16, 2014 by Kristen Paral

Data controls and customer loyalty.

Data controls may go hand-in-hand with maintaining accurate financial information and compliance reports, but IT leaders from some of the nation’s biggest enterprises say they also use controls for something else: Customer retention.[read more]

Data Collection 101: Where Is Your Data Coming From?

July 15, 2014 by Tracey Wallace

Where is your data coming from?

Data verbiage is confusing at best and nonsensical at worst. Big data implies little other than amount. Identity data implies little more than behavior. And data scientist implies little else than data mining which implies an abundance of code and algorithms, to say the least.[read more]

Empowering the Business Ecosystem with Business Intelligence [VIDEO]

June 30, 2014 by Ray Major

The BIg IDEA video series.

There is a lot of information that resides in a company's database that can be very useful to vendors, suppliers, distributors and more. By providing this data to the right people, you now enable them with the ability to make better business decisions based on understandable, easy-to-use information.[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]