Sign up | Login with →

Business Rules

exclusive

Big Data: The 4 Layers Everyone Must Know

July 29, 2014 by Bernard Marr

The Big Data Guru column.

There is still so much confusion surrounding Big Data. I thought it might help to clarify the 4 key layers of a big data system - i.e. the different stages the data itself has to pass through on its journey from raw statistic or snippet of unstructured data (for example, social media post) to actionable insight.[read more]

exclusive

Big Data Is Changing Every Industry, Even Yours!

July 1, 2014 by Bernard Marr

The Big Data Guru column.

For a business, the ability to have its production, stock control, distribution and security systems all connected and talking to each other will mean greater efficiency and less waste. Every area of industry is learning to reap the benefits of big data analysis, and it looks certain that finding innovative methods of gathering, recording and analyzing data is going to play a big part of business in the foreseeable future.[read more]

What Does a VC Look for in a Big Data Startup? [VIDEO]

February 27, 2014 by Todd Nevins

Big data and venture capital.

Venture Capital firms and Angel investors pumped in over $3.6 billion into Big Data startups in 2013 and investments this year are expected to top this figure. Jake Flomenberg started writing code and managing products with Lockheed Martin and Cloudera before moving into a role with Splunk.[read more]

It's Past Time for the Next Generation of Business Planning

October 15, 2013 by Robert Kugel

Business planning as practiced today is a relic, a process hemmed in by obsolete conceptions of what it should be. I use the term “business planning” to encompass all of the forward-looking activities in which companies routinely engage, including, for example, sales, production and head-count planning as well as budgeting.[read more]

exclusive

3 Secrets of a Successful Business Intelligence Strategy

October 7, 2013 by Matillion BI

Ready to be shocked? Many of business intelligence strategies are flawed - focusing on the wrong things, in the wrong order, and going about delivering an ROI in the wrong way. The bottom line: the best business intelligence strategy strives to keep business intelligence focused, benefit-led, and affordable.[read more]

VisionWaves: The Case for a Global Business Cockpit

September 19, 2013 by Jorge Garcia

VisionWaves is a software provider that has developed tools of this sort aiming to help users visualize and understand what is happening and how it relates to important business areas, thereby achieving a comprehensive view of their business. Beyond monitoring their organization from a data perspective, VisionWaves’ complete business cockpit enables users to connect the dots between data, processes, and people.[read more]

Looking Beyond the Data Horizon: Building the Business Case for Data Quality

September 2, 2013 by Gayle Nixon

There is a growing body of evidence to demonstrate that poor data quality (DQ) has a major economic and reputational impact on organizations. There are a plethora of reasons why businesses fail to accept cases for action and change, whether they are data related or not.[read more]

exclusive

Five Reasons Excel Is Your Worst Enemy for Budgeting and Forecasting

July 7, 2013 by Ian Nicholson
2

Excel / shutterstock

Excel is undoubtedly the most ubiquitous business tool in existence. Just about everyone has it installed on their PC and it can be used for an enormous range of tasks within any organization. However, when using Excel for Performance Management, it can quickly turn into your worst enemy.[read more]

Bring Your Own Software

Yammer

It’s become very difficult for IT to police who brings personal devices into the enterprise (never mind what people do with them). You’ve probably heard of BYOD, a trend that will surely continue. But what about bringing your own software? Is this a nascent trend about which IT has to worry?[read more]

First Look: OpenL Tablets

June 9, 2013 by James Taylor

Exigen Services OpenL tablets

OpenL Tablets is an open source business rules management system that Exigen has been developing since 2004. The focus of OpenL Tablets is on allowing business analysts to create and manage business rules independently from a technical team.[read more]

Great Analytics Vendors: 5 Must-Have Traits

June 6, 2013 by Melissa Thermidor

What does a good analytics vendor look like?

Let’s face it: the best way to make your organization more data-driven is to get the best analytics talent within your organization. So what should you look for in your analytics vendor?[read more]

Finding the Right Sponsor for Your Big Data Project

May 22, 2013 by Mark van Rijmenam

What's your Big Data strategy? / shutterstock

Earlier we discussed that big data should be a Strategy matter instead of an IT matter. Let’s dive a bit deeper into the reasoning behind this and find out who within the organization should be the sponsor for a big data strategy. It would be wise to have one high up in the organization.[read more]

Helpful or Creepy? Avoid Crossing the Line with Big Data

May 10, 2013 by Bill Franks
1

big data privacy / shutterstock

One of the most discussed concerns surrounding big data today is privacy. While many powerful analytics are possible with the detailed data that is now collected on each of us, the sensitive nature of much of that data requires rethinking data practices and applications.[read more]

Celebrate Corporate Compliance and Ethics Week!

May 8, 2013 by Thu Pham

Corporate compliance

Everybody put your party hats on, it’s time to celebrate! May 5-11 is Corporate Compliance and Ethics week, which means it’s the perfect time for taking stock of your business and finding some great ways to make compliance a culture you and your staff can celebrate year-round.[read more]

Warren Buffett, the Human Big Data Engine

May 5, 2013 by Ana Andreescu

stock market genius / shutterstock

The way Buffett operates is not unlike the best use cases for big data. Among other things, his success lies in his ability to make good decisions in accordance with quality benchmarks. This is the key to using big data well, and to business success in general.[read more]