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Best Practices

How the Financial Services Industry Should Use Big Data to Regain Trust

December 12, 2013 by Mark van Rijmenam

regaining customer trust through big data / shutterstock

If there is any industry that can benefit from big data, it is the financial services industry. Of course the first use case that comes to mind is the ability to reduce risks, whether it be credit risk, default risk or liquidity risk. But there are many more possibilities.[read more]

Obstacles to Personal Genetic Testing in the U.S. and Abroad

November 14, 2013 by Travis Korte

There is no reason people should not be able to pay to have their genes sequenced, particularly now that companies such as 23andMe have helped make personal genomics so inexpensive. Broader adoption of personal genetic testing would not only provide more individuals with information on their health profiles and genealogical histories, it would contribute to a dataset that could eventually help medical researchers investigate treatments to many genetic diseases.[read more]

Balanced Teams Necessary for Big Data Initiatives

November 2, 2013 by Roman Vladimirov

data team

Due to the amount of time that people in the tech and enterprise worlds spend talking about big data and analytics, it can be easy – or even tempting – to undervalue these tools. Once a trend has been present for long enough, it is susceptible to being taken for granted, as has been the case with cloud computing.[read more]

The Biggest Threat to Cyber Security and What to Do About It

October 8, 2013 by Jon Smith

Tech leaders have long been telling anybody who will listen that the biggest cyber security threat they face is not state-sponsored, geopolitical or clandestine. It is in fact much closer to home. Accordingly, 53 per cent of senior company executives said the main risk to corporate data and computer systems is from their own employees. A case of human error, carelessness or ignorance? In some cases it’s a combination of all three.[read more]

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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]

Dashboard Design and Delivery Worst Practices

October 4, 2013 by Lachlan James

So, to escape accidental dashboard martyrdom – and ensure that you’re delivering the best insights to the right people – here’s eight more dashboard destroyers to circumvent. Don't provide too much detail. Don't abuse colors. Don't make users scroll. Don't have poor dashboard structure.[read more]

Data Scientists Should Be the New Factory Workers

October 1, 2013 by Travis Korte

The factory environment is a data scientist’s paradise: both highly multivariate and relatively quantifiable. And the increased use of large-scale data analysis in the manufacturing sector could mean good news—not just for recent graduates in statistics and computer science, but also for the U.S. economy.[read more]

Survey Says Only 7% of European Companies Rate Big Data as Relevant [VIDEO]

September 23, 2013 by Lachlan James

Welcome to BI.TV, your vendor agnostic fortnightly recap of global Business Intelligence and analytics news, views and reviews. In this episode, we’ve covered an eclectic mix of news and opinion, relating to Big Data hype; the practical application of location analytics; BI user group identification and engagement; misconceptions about BI deployment; the human element of BI; as well as self-service BI purpose and usefulness.[read more]

Top BI Dashboard Design and Delivery Worst Practices

September 20, 2013 by Lachlan James

It’s child’s play, don’t you know? Business Intelligence (BI) dashboards are the proverbial cherry-on-top of your business analytics project – they’re easy as pie. Sprinkle a few metrics here, drizzle a report there, then simply smoosh it all together – and vuala, we have a dashboard capable of enhancing decision-making capabilities far beyond the fluffiest clouds of your wildest dreams. And inducing a stern hunger. Right?[read more]

Using Data for K-12 Education

September 3, 2013 by Travis Korte

The use of advanced analytics on educational data could encourage numerous positive outcomes such as increased individualized learning, enhanced test-preparedness, improved identification of cheating, better course design, and reduced costs across school districts.[read more]

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B2B Software Startups: The SaaS Platform Dilemma

August 29, 2013 by Thomas Oriol

SaaS has considerably reduced B2B software development costs. Think about ten years ago and the products and services you had to buy when starting a B2B software company, and that you can now rent. These include productivity suites, servers, telecom networks, software development tools and project management and CRM software.[read more]

HIPAA Violations Cost Health Insurer $1.7 Million: Lessons Learned

July 20, 2013 by Thu Pham

HIPAA cautionary tale

Reuters reports that WellPoint, Inc., the second largest U.S. health insurer, has reached a $1.7 million settlement with the Dept. of Health and Human Services as result of a data breach that exposed over 600k health records. Read on for possible technical and strategic security solutions to avoid a similar fate.[read more]

Why Budgeting Is "Mission Critical" in Higher Education

July 19, 2013 by Lawrence Serven
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Budgeting smarts for higher education

Most higher education institutions are limited in their budgeting process. They still use Microsoft Excel spreadsheets as the basis of the budget process. Excel was fine for the old days, but can not meet the needs of today's higher education institutions. There are several reasons for this.[read more]

Four Ways to Make Enterprise Social Work

July 17, 2013 by Timo Elliott

How to do enterprise social right

The latest research shows that adoption of enterprise social within organizations has been disappointing. A mere 10-20% of eligible workers actively use their organization’s social platform, according to more than half of respondents to a Dachis Group study. Why hasn't enterprise social caught on?[read more]

Big Data Accountability (Part 1)

July 15, 2013 by Mark van Rijmenam

Data accountancy goes way back / shutterstock

The earliest records of accounting data go back 7,000 years, where the growth of crops and herds were recorded in ancient Babylon. Since then, accountancy has evolved into an entire industry that helps organizations understand their resources and determine the correct value of their assets and liabilities.[read more]