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Analytics

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New Generation of Technology Will Rely on Analytics, Study Shows

December 16, 2014 by Jeff Brown

“We are in a time of profound change for business, technology and IT leadership,” said Leon Kappelman, Ph.D., Professor at the University of North Texas and SIM’s lead researcher and Professor of Information Systems at the University of North Texas. “Results show the focus of IT organizations and their leaders is changing, with a new emphasis on business value, strategy, innovation and speed.”[read more]

Alfred Hitchcock and a Classic Forecasting Scam

December 15, 2014 by Michael Gilliland

Alfred Hitchcock.

Suppose you received an email from a self-proclaimed forecasting savant, advising you of a big upset in the upcoming mayoral election...and it turns out to be correct. You then get an email picking the underdog in the next championship boxing match...which is right again.[read more]

Ignore Your Business, Rake in the Profits

December 12, 2014 by Bill Franks

Analytics.

Bring together a few people for several hours. Bring an inventory of the various data sources your organization has access to. Then, brainstorm ways that the analysis of that data can be of value to anyone except your organization. Don’t talk about understanding your business with the data, but rather talk about what opportunities the data can support for others outside the organization.[read more]

How to Stay Out of Cash Flow Crises Using Cash Position Analysis

December 10, 2014 by Keith Peterson

Cash position analysis.

Cash flow is the lifeblood of every company. Diligent financial analysis, including the Cash Position Waterfall, is an essential component to monitoring the current health of your business. However not all of us are financial analysts who like to wade through detailed spreadsheets.[read more]

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What the Ebola Crisis Has Taught Us About Big Data

December 9, 2014 by Gil Allouche

Ebola.

There is tremendous potential for big data analytics in healthcare. Hospitals and pharmaceutical companies are already using it for research and diagnoses. There is also tremendous potential in using big data for disease prevention. Back in March, HealthMap predicted an Ebola outbreak about 9 days before the World Health Organization (WHO) formally announced the epidemic.[read more]

Data Innovation in Africa

December 6, 2014 by Travis Korte

Africa.

While many commentators have focused on data-driven innovation in the United States and Western Europe, developing regions, such as Africa, also offer important opportunities to use data to improve economic conditions and quality of life. Three major areas where data can help are improving health care, protecting the environment, and reducing crime and corruption.[read more]

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How Data Visualization Can Benefit SMBs

December 1, 2014 by Cameron Graham
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Data visualization.

Data visualization is a term mostly associated with big brands and corporations. Companies like Target, Deloitte, GitHub and Time Warner Cable all use data visualization tools to analyze and interpret information about their customers, allowing them to better target their marketing and sales efforts, improve internal processes. For many small businesses, data visualization is still a foreign concept.[read more]

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5 Ways Hadoop Can Help Healthcare Organizations and You

November 23, 2014 by Sameer Nori

Hadoop and healthcare

There are many different use cases for Hadoop in healthcare. Some of them include helping doctors, patients, and healthcare organizations include personalized treatment planning, assisted diagnosis, fraud detection, and monitoring patient vital signs. Learn how Hadoop is being implemented in each of these use cases.[read more]

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5 Common Use Cases for Hadoop in Retail

November 20, 2014 by Sameer Nori

Hadoop in retail

Retailers can focus on the shopper as an individual, rather than aiming at the masses and hoping to snag a few. Where there once were customer panels, in-store surveys, focus groups, and guesswork, there is now social media, online search behavior, and easy-access customer input.[read more]

Smart Ways of Using Google API for Optimum Results

November 20, 2014 by Jason Bowden

Google API (Image: www.mtmpro.net)

There are many Google API services that can be used by digital marketers to their business advantage. Utilizing these APIs as web applications for digital marketing can help boost the data analytics, accuracy, compatibility and speed of your business applications with Google services.[read more]

First Look: Dataiku’s Data Science Studio

November 20, 2014 by James Taylor

Dataiku

Dataiku, a company founded in 2013 and based in France, launched their product, Data Science Studio (DSS), in February 2014. The product is designed to improve the effectiveness and productivity of data teams especially when it comes to turning raw data into an analytic API.[read more]

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Spotlight on Traitify: Who The Hell Are You, Anyway?

November 18, 2014 by Shawn Gordon

Traitify

DataWeek/API World this past September earned my ink as an overall exceptional conference, and as a spotlight on big data company SiSense. I did not, however, cover any of the API companies in attendance, other than a brief mention. But one I found super interesting and compelling is Traitify.[read more]

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6 Experts Explain How IT Infrastructure Matters to Your Organization's Data Sets

November 17, 2014 by Aaron Aders

A new interactive infographic by IBM features insights from six industry experts and shows how putting big data to use isn’t just a matter of using the right analytics, but having the right infrastructure in place to accommodate the scale of data being gathered.[read more]

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IT MPG: Measuring the Value of IT Is Simple Math

November 14, 2014 by Bob Dvorak

Nearly 65 percent of U.S. organizations reported an increase in IT budgets in 2014, according to the annual SIM IT Trends Study, with the average percentage of revenue allocated to IT this year at more than five percent. But what exactly do we get for all that money?[read more]

Meeting the Business Technology Needs of Midsized Companies

November 14, 2014 by Julie Hunt

Current technology trends are important for all organizations. Most midsized companies have these technologies at the top of their lists: Mobile, Analytics, Cloud, and Security. And each year many midsized organizations dedicate more budget for technology as a strategic investment, as Deloitte noted in a recent study.[read more]