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Is Big Data Under Threat by New Internet Magna Carta?

April 1, 2014 by Bernard Marr

The Big Data Guru column.

Big data can deliver mouthwatering value to companies and society, but the NSA revelations about spying on people as well as allegations that large corporations are snooping on customers has tainted the reputation of big data analytics. A growing number of people are now calling for a new Magna Carta for big data, but would that spell the end of the big data movement or a new beginning?[read more]

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Mobile: It's Still a Big Deal

March 31, 2014 by Paul Barsch

Mobile is still a big deal.

Taking a look at the latest round of capital investments from the internet giants, it’s easy to believe they’re more infatuated with self-driving cars, robots and drones that deliver packages than driving value to mobile consumers. That should leave a pretty wide open gap for businesses of all stripes to invest in meeting the needs of the mobile consumer.[read more]

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It's Time to Ditch Scarcity Thinking

March 19, 2014 by Paul Barsch

Risky Business column.

The information age has brought persons, businesses and societies elasticity, scalability, and the removal of many earlier capacity constraints. While some worldly things are physically scarce, when living in the information age, we need to retrain our minds to ditch scarcity thinking and instead embrace “sky’s the limit” abundance.[read more]

Things That Could Embarrass Al Gore from Our Tech-Savvy Government

March 14, 2014 by Rachel McAree

How are Bitcoin and US dollars similar? 

The following are two letters: the first, the satirical one on Polis’ website and clearly worth reading. The second is the original diatribe on the unlawfulness of Bitcoin and how it should be regulated, clearly someone needs to clue Manchin in that Bitcoin is just a bit out of the US' jurisdiction.[read more]

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Technology Training Needs a Hands-On Approach

March 4, 2014 by Paul Barsch
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Risky Business column.

Instead of simply a “core dump” of manuals and online training courses, technical employees should also get “hands on” simulations, boot camps and courses led by advanced robo-instructors to fully hit the ground running[read more]

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When is CAPEX Coming Back?

February 17, 2014 by Paul Barsch
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Risky Business column.

Companies have stockpiled cash on their balance sheets instead of spending it on upgrading and/or building new facilities or buying new equipment. Six years since the global financial crisis, long lost CAPEX still hasn’t come home. The better question is: Will it ever?[read more]

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IT Doesn’t Matter... Until It Does

January 29, 2014 by Paul Barsch

Risky Business column.

While most business leaders equate the Information Technology (IT) department with simply “keeping the lights on,” IT does much more than administer and operate business systems. In fact, with how quickly technology is changing the game in retail, hospitality, healthcare, manufacturing and more, companies that underinvest in IT are in real danger of becoming yesterday’s news.[read more]

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Debunking Five Cloud Computing Myths

January 6, 2014 by Paul Barsch
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Risky Business column.

For the third year in a row, cloud computing is one of the top three technology investments for CIOs. However, there are many misconceptions of “the cloud.” I have come across five common cloud myths or misconceptions. It’s high time to debunk them.[read more]

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Be Wary of the Science of Hiring

December 10, 2013 by Paul Barsch
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Risky Business column.

While reliance on experience/intuition to hire “the right person” is rife with biases, there’s also danger in over-reliance on HR analytics to find and cultivate the ultimate workforce. While HR analytics seems to have room to run, there’s still the outstanding question of whether “the numbers” matter at all in hiring the right person.[read more]

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Text Analytics for Tracking Executive Hubris?

November 18, 2013 by Paul Barsch

Risky Business column.

With computers reading the news, it’s more important than ever for leaders of all stripes to be cognizant that stakeholders are watching and acting on their words—often in near real time. The next audacious “off the cuff” statement your CEO makes could tank your company’s stock price in minutes.[read more]

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When Big Data Loses to the Anecdote

November 5, 2013 by Paul Barsch
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risky business

Need to persuade someone to take a course of action? Simply presenting numbers, for numbers sake, will only cause glassy eyes and blank stares from those you are trying to persuade. Keep in mind that while it’s tempting to believe that we “must bring data” and lots of it in order to persuade, sometimes it’s the personal anecdote/s that end up making the final sale.[read more]

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Science Needs to Be Less Certain

October 21, 2013 by Paul Barsch
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Good science isn’t without question, discovery and even a bit of “humility”—something that scientists of all stripes (chemists, mathematicians, physicists and, yes, even data scientists) should remember. So let’s encourage debate, discussion, testing and re-testing of theories.[read more]

Projected Growth Rates of the BI Software and Big Data Analytics Markets [VIDEO]

October 7, 2013 by Lachlan James

In this episode, we take a look at the current and projected growth rates of the BI software and Big Data analytics markets. To complement these statistical findings, we then offer some tips for initiating business analytics initiatives and deciphering Return on Investment and Total Cost of Ownership.[read more]

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The Dirty (Not so Secret) Secret of IT Budgets

September 30, 2013 by Paul Barsch
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When the lion’s share of a IT budget is dedicated towards supporting legacy code and systems, that leaves little room for experimentation and adoption of new technologies. How can IT become more than a just a “game manager” but rather a “play-maker” when it comes to supporting innovation?[read more]

The Department of Commerce Should Establish an Office of Data Innovation

September 30, 2013 by Daniel Castro

Photo credit:  Tim Evanson

The Department of Commerce should proactively search for more opportunities to unlock the potential of data-driven innovation. The importance of data to the U.S. economy continues to grow. For example, in the United States the economic value from health care data is estimated at $300 billion annually.[read more]