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Analytics

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]

Prepare to Be Amazed by Immersive Intelligence

September 12, 2014 by Bill Franks

Immersive intelligence.

The range of immersive visual worlds that can be created is limited only by the types of data that exist and how that data can be utilized. In other words, it is virtually limitless. There is no doubt that immersive intelligence is still an edgy idea that hasn’t been widely adopted. However, the technology is here to make it possible and I suspect we’ll start seeing more of it soon[read more]

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Don’t Let Internal Obstructionists Derail Your S&OP Initiative

September 10, 2014 by Ray Major

Obstructionists.

I recently ran across an article by Tracy Parsons where she identified obstructionist within an organizations as people who are “Paid by the No.” I found that statement to be not only quite funny, but also quite accurate. We’ve all experienced them.[read more]

Analytics Fortify Resilient Midmarket Companies

September 10, 2014 by Julie Hunt

Midmarket companies.

Midsized companies are much more in touch with customers and their own employees. They are truly interested in nurturing both of these relationships because they know that the right employees foster distinctive and positive interactions with customers.[read more]

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How to Unlock the Potential in Your Business Analytics

September 4, 2014 by Asha Saxena

Business analytics.

Analytics are your company’s map to success. They highlight profitability and losses so you can recognize which opportunities will put your business ahead of the competition; however, sometimes the most valuable analytics are overshadowed by complicated analytics modeling.[read more]

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A Case for Big Data Analytics as a Service

September 4, 2014 by Mithun Sridharan

Big data analytics.

Business Analytics has assumed such strategic importance that it has evolved from a purely IT activity into a core business activity touching upon various business functions. As a result of this shift in importance, there is an increasing focus on greater speed-to-insight than on platforms or technologies.[read more]

Intelligence Input = Sales Output

September 3, 2014 by Ray Major

Test of time.

In my experience many tech professionals, especially the executive ranks, consider themselves forward-thinkers, early adopters, one or two steps ahead, dispensers of wisdom. “If companies or consumers would just take our advice and buy our product or license our app, businesses would run better, people would be happier.” Or some variation on that theme.[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]

Understanding and Analyzing the Hidden Structures of a Unstructured Data Set

August 28, 2014 by Kunal Jain

Data set.

The key to using unstructured data set is to identify the hidden structures in the data set. This enables us to convert it to a structured and more usable format.In this article we will talk in more details to understand the data structure and clean unstructured text to make it usable for the modelling exercise.[read more]

Untangling the Retail Supply Chain with Real-Time Analytics

August 26, 2014 by Dale Skeen

Untangling the retail supply chain.

Retail supply chains are longer and more tangled than ever before – the complexity of the data sets and the management of far-flung suppliers coupled with high customer expectations around service and reliability are taxing traditional approaches to supply chain management to their limits.[read more]

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Spark the Flame: The Power Behind Real Time Analytics

August 26, 2014 by Gil Allouche

Real time analytics/Deviantart.net 

Real time data analytics is like a burning fire. Consider this analogy. Once a spark catches, several chemical and physical changes occur. The fuel (data) is processed while heat (or data outcomes) is simultaneously emitted. Once the process of data streaming begins, it is seamless and very efficient. The process will continue to be efficient as long as data is fed into the system.[read more]

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Building Information Technology Liquidity

August 25, 2014 by Paul Barsch

Risky Business column.

In the financial world, liquid assets can allow companies to react and capitalize on market opportunities. Liquidity in IT means that companies have enough extra compute firepower, people resources and are agile enough with IT processes to respond to unplanned events and demand, in whatever shape, form or order they arrive.[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]