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business analytics

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]

Death By a Thousand Analytics

May 2, 2012 by Barry Devlin
with 337 views
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Our current obsession with analytics is dangerous. It's based a number of simplifications, misconceptions and downright errors. It is a simplification that business is an entirely rational, fact-driven process. It is a misconception that given sufficient data you can predict the future. It is a downright error to assume that in the future, business can be entirely (or even largely) driven by business analytics. [read more]

An Analytics Story Problem: When will two trains collide?

May 2, 2012 by Gary Cokins
with 222 views
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Two trains are on the same track 600 miles apart traveling towards each other. One train is traveling west at 50 mph and the other train is traveling east at 20 mph. How long will it take for the trains to impact each other? [read more]

Splunk: Big Data Machine for Operational Intelligence

May 1, 2012 by Mark Smith
with 530 views
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Our analysis of Splunk’s latest release of software, version 4.3, found a series of advancements, including supporting access from tablets such as Apple’s iPad, support for data in cloud-based applications and the ability to operate in VMware environments, making it easier to deploy Splunk in the cloud. This version expands the enterprise scale of the platform, supporting more concurrent users and faster search. [read more]

10 Don’ts for Delivering Mobile Business Intelligence

April 24, 2012 by Lachlan James
with 335 views
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With all the major vendors and analyst firms espousing the growing importance of Mobile Business Intelligence (BI) and touting its potential benefits, it might seem like mobile reporting and analytics is the silver bullet that the BI industry has been waiting for – a cure to sluggish user adoption rates, elusive ROI and persistently poor decision-making. Unfortunately, Mobile BI is not to analytics what Penicillin is to bacteria. Like any other major project, a Mobile BI deployment has to be carefully planned and managed in order to yield desirable results. So, to avoid disappointment and project derailment, remember these 10 Mobile BI no nos: [read more]

Please put the shower curtain inside the bathtub!

April 24, 2012 by Gary Cokins
with 76 views
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So, on a comparable level of Hilton’s simple but fundamental answer to the “what message?” question, mine would be: “When making enterprise performance improvements, do not underestimate how much people matter!” [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]

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Location Intelligence and Mobile BI: Advancing Data Analysis in Retail

March 28, 2012 by Lachlan James
with 441 views
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You’re an area manager for retail conglomerate CheapStuff. The northwestern sector of your region is underperforming. The situation demands your personal attention – and a visit. Luckily, you can take all the location-based information you need with you on your smartphone – your Business Intelligence (BI) solution has integrated Location Intelligence (LI) and mobile reporting capabilities. So, what can a BI platform, encompassing LI and mobile analytical capabilities, bring to a retail organization’s critical business processes and operations? [read more]

Top 14 Business Intelligence predictions for 2012

March 1, 2012 by Lachlan James
with 2,536 views
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Don’t confuse continuity for laziness. On face value, rehashing events already transpired as ‘predictions’ may create the appearance of lethargy. But, it seems that many emergent themes from the 2010/11 Business Intelligence (BI) scene will dominate 2012, having now developed into significant market-shaping trends. [read more]

What I Found Interesting About Gartner BI Summit 2012 London

February 8, 2012 by Timo Elliott
with 472 views
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Gartner has bowed down to the market trend and dropped the unwieldy category name “Business Intelligence and Performance Management” in favor of the simpler umbrella term “Business Analytics”, following in the footsteps of other analysts (e.g. IDC) and vendors (SAS, SAP, etc.). [read more]

The Buzz About Big Data Analytics

December 25, 2011 by Sandeep Raut
with 524 views
2

Big data is the new buzzword within the data warehousing and business analytics community. According to TDWI recent report on BIG data, there are 3 Vs of big data – Volume which is multiple terabytes or over petabytes, Variety which is numbers, audio, video, text, streams , weblogs, Social media etc & velocity which is the speed... [read more]

Business Intelligence & General Management I

November 4, 2011 by Jose de la Vega
with 89 views
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"This article is the first of the total of three that we are going to publish from LITEBI, each one will be part of a Whitepaper focused on the effects and contributions of Business Intelligence to the company from the point of view of the CEO." [read more]

BI Shouldn't Be Part-time Pursuit for Analysts

October 5, 2011 by Ann All
with 72 views
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"...companies need a business-oriented BI team of tech-savvy business analysts tasked with, among other things, gathering requirements, developing BI roadmaps, managing BI budgets, and overseeing BI and data governance programs. These analysts will work with data architects, project managers, technical architects and help desk staff to help ensure the technology framework can support the business requirements." [read more]

Corporate Performance Management and a Report from CFO.com's Conference

September 21, 2011 by Gary Cokins
with 240 views
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"Just because organizations may have converted their tabular performance measures into a visual scorecard with dials does not mean they have implemented the full vision of integrating all of CPM’s integrated methodologies. There are many methodologies such as customer profitability analysis (using activity-based costing principles), rolling driver-based financial forecasts, business analytics, strategy maps and its companion balanced scorecard." [read more]

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Take the Predictive Analytics in the Cloud survey

September 20, 2011 by James Taylor
with 99 views
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"Decision Management Solutions, the company of which I am CEO, is running a study on Predictive Analytics in the Cloud with the folks here at SmartData Collective. Both Predictive Analytics and Cloud are hot topics and the intersection has tremendous potential....To find out what you think we have opened a survey and you can take it right now here on SmartData Collective..." [read more]

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Data Visualization Best Practices for Business Intelligence

June 20, 2011 by Lachlan James
with 1,866 views
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So what happens when data visualization fails to communicate the right information in the right way? [read more]