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A Big Data Cheat Sheet: What Executives Want to Know

May 21, 2015 by Tamara Dull
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The Big Data MOPS Series. 

What can Hadoop do that my data warehouse can’t? The short answer is: (1) Store any and all kinds of data more cheaply and (2) process all this data more quickly (and cheaply). The longer answer is: They say that 20% of the data we deal with today is structured data. I also call this traditional, relational data. The other 80% is semi-structured or unstructured data, and this is what I call “big” data.[read more]

13 Retail Companies Using Data to Revolutionize Online & Offline Shopping Experiences

May 21, 2015 by Trips Reddy

Shopping experience. 

According to a report by McKinsey & Company, despite the e-commerce boom, brick-and-mortar stores will still account for approximately 85% of U.S. retail sales in 2025. While slow to catch up with the digital revolution, retail brands are starting to rethink business models and leverage technology to reinvent the in-store customer experience. Interactive digital displays, touchscreens, digital storefronts, magic mirrors, virtual dressing rooms and in-store kiosks (to order out-of-stock items) are transforming how consumers interact with products in physical stores.[read more]

5 Ways the Internet of Things Effects Modern Business

May 21, 2015 by Keith Tully

Anyone keeping up with the growing trend towards smart appliances, whole home security systems and updated car entertainment platforms has noticed that we are in an age where the internet is creeping into everything we use. In fact, some would argue, we aren’t far from an “internet of humans” with wearable technology and other advances in smartphone technology becoming the norm, rather than the exception.[read more]

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Why the Chief Data Officer is the Hottest Job of the 21st Century

May 20, 2015 by Jeff Brown
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Cheif data officer.

In 2012, Harvard Business Review boldly named the Data Scientist “The Sexiest Job of the 21st Century.” In 2013, reporters at CNBC gave the same nod to data analysts, saying it was one of the most sought-after positions. Even U.S. Secretary of Commerce Penny Pritzker came out praising the Chief Data Officer (CDO).[read more]

In-Memory Analytic Databases Are so Last Century

May 20, 2015 by Paige Roberts

In-memory analytic databases.

In an article written last year by an industry analyst that I respect, IDC’s Carl Olofson, he gave the impression that in-memory analytics are the wave of the future, the new paradigm for high performance analytic databases. He said, “embrace the new paradigm and plan for it.” For once, I didn’t agree with him.[read more]

What Is Your Life Like in the Cloud? [INFOGRAPHIC]

May 20, 2015 by Sam Bowling

 Life in the cloud.

In today’s digital world there are so many things you can do with the cloud. Cloud computing is quickly becoming the norm for businesses and personal users alike. As a cloud hosting provider, SingleHop is trying to educate users about how the cloud works and how it can be useful for everything from streaming your favorite music and videos, to working remotely from the beach.[read more]

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Big Data Explained in Less Than 2 Minutes ... to Absolutely Anyone

May 19, 2015 by Bernard Marr

The Big Data Guru column.

There are some things that are so big that they have implications for everyone, whether we want them to or not. Big Data is one of those concepts, and is completely transforming the way we do business and is impacting most other parts of our lives. It’s such an important idea that everyone from your grandma to your CEO needs to have a basic understanding of what it is and why it’s important.[read more]

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How to Pivot Your Data

May 19, 2015 by Sai Gundavelli

More than a decade ago, the enterprise was a very different place. Companies had challenges dealing with data growth - application performance issues, growing storage costs, and dealing with application upgrades. Data became more manageable over time, with the introduction of solutions like data archiving. However, the needs of the enterprise are no longer met by standard data archiving.[read more]

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How Top Brands Are Wielding Data and Analytics

May 19, 2015 by MJ Wesner

Data & analytics/shutterstock

You’ve heard that “Big Data is the new competitive advantage.” You know it’s “the next frontier for innovation, competition, and productivity,” and you may even be aware that it’s “no longer confined to the Big Business playbook.” But that’s the problem: how do you take what you know and turn it into something actionable?[read more]

First Look: IBM Decision Optimization Cloud

May 17, 2015 by James Taylor

IBM’s advanced analytics portfolio contains its descriptive analytics, predictive analytics and prescriptive analytics products (everything from Cognos to SPSS to optimization and decision management). Within this portfolio is IBM’s decision optimization portfolio that contains the solver technology embedded in many IBM and external products.[read more]

The Hadoop Honeymoon Is Over

May 16, 2015 by Martyn Jones
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Listen up Big Data playmates! The ubiquitous Big Data gurus, tied up in their regular chores of astroturfing mega-volumes, velocities and varieties of superficial flim flam, may not have noticed this, but, Hadoop is getting set up for one mighty fall – or a fast-tracked and vertiginous black run descent. Why do I say that? Well, let’s check the market.[read more]

Employee Training and Other Ways to Protect Your Company’s Valuable Data

May 15, 2015 by Rick Delgado

Employee training.

In the last decade, companies have seen new business opportunities thanks to the advancement in technology. However, these technologies can also pose extreme threats to valuable data of businesses that not only breach their confidentiality and trade secrets, but cause them to lose millions. Along with technology, employees pose equal cyber security threats of company data.[read more]

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5 Smart Data Tips for New CIOs to Drive Business

May 15, 2015 by Bob Dvorak

Whether its day one or day 501, it’s practically vital for CIOs to make a splash and prove their worth. While business executives tend to dismiss the CIO as a strategic partner, the emergence of new digital tools, the need for reliable data and a growing demand for analytics have provided CIOs ammo to prove otherwise.[read more]

All Is Not Lost: Finding Value In Marketing Attribution Data

May 15, 2015 by Bill Franks

In my last blog, I laid out some facts that call into question the extensive effort many organizations put into attributing individual customer sales to individual marketing touch points via common attribution methods. To summarize, Suresh Pillai, head of Customer Analytics & Insights for Europe at eBay, showed that all reasonable attribution algorithms led to effectively the same aggregate credit to each marketing lever and also the same credit as a random method.[read more]

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The Internet of Things Is Moving from Science Fiction to Science Fact

May 14, 2015 by Jared Jaureguy

Increased connectivity, smart homes, wearable watches and innovative connected devices are quickly changing the way we think, function and live. The "things" consist of a panoply of devices that provide a perceived value or service to consumers. The devices are intuitive, functional and provide a practical function. The IoT is not some far-fetched, future reality that has yet to be realized.[read more]

Cloud ROI: Business and Financial Gains

May 14, 2015 by Annie Bustos

Cloud ROI.

A significant benefit of moving resources to the cloud and cloud ROI is the resulting gains in collaboration and efficiency. Any cloud based service is fundamentally created in order to offer the user access from any location and to share information quickly and easily. Easy access to services by any staff member then encourages discussion and collaboration which leads to better decision making and a more productive workforce.[read more]

NICE Systems Engages Analytics to Optimize Customer Experience

May 14, 2015 by Richard Snow

Our next-generation customer analytics research shows that many companies use spreadsheets to try to reach this goal. However, these personal productivity tools simply cannot deal with the complexity of customer engagement. I recommend that companies assess how NICE Engagement Analytics can help them improve the customer experience and business outcomes.[read more]

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What’s Up with Big Data? Let’s Look at the Trends

May 13, 2015 by Tamara Dull
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The Big Data MOPS Series.

While there’s no question that the buzz of “big data” is still going strong, how well is big data actually catching on? To answer this question, we’ll review some of the recent research to see what’s trending in the world of big data. Despite the challenges organizations are facing in this growing big data market, they’re (hopefully) in it for the right reasons—i.e., to discover new insights that will keep them in the game for many years to come.[read more]

On Not Knowing Sentiment Analysis

May 13, 2015 by Martyn Jones

Sentiment analysis.

If you know all about Sentiment Analysis, you’ve come to the right place. Because I don’t have a clue if what I know about it is accurate or not. I started to do a bit research into this Sentiment Analysis lark, in particular with the theoretical idea of using it to analyse and draw conclusions from comments on Pulse – assuming that this is what it can be used for.[read more]

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Secure Video Conferencing

May 13, 2015 by Richard Smith

With so many video conferencing options available, it can be difficult to decide on the right solution for your enterprise. According to a recently published study by the Wainhouse Research Group, enterprises are struggling to keep up with an increasingly changing workplace. The study shows that by 2020, Millenials will make up at least half of the global workforce, and with that demographic change will come differences in procedures, tools, and working preferences.[read more]

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The Big Data Health Partnership Between Apple and IBM

May 12, 2015 by Bernard Marr

The Big Data Guru column.

Apple and IBM have released details of their partnership which will allow iPhone and Apple Watch users to share data to IBM’s Watson Health cloud-based healthcare analytics service. The initiative will potentially bring the benefits of crowd-sourced, Big Data-driven healthcare to millions. The ground-breaking deal could also lead to further advances in healthcare as IBM’s Big Data-crunching engines gain access to real-time activity and biometric data from potentially millions of people who use Apple’s devices around the world.[read more]

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The Growing Relationship Between Drones and Big Data

May 12, 2015 by Jonathan Buckley

Drone.

Big data seems to be everywhere, used by every industry, and embraced by every organization. While that’s admittedly a bit of an exaggeration, it’s become clear in the past few years how valuable big data can be no matter where it is used. At the same time the big data trend has grown in popularity, the use of drones has also taken off, in a manner of speaking.[read more]

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5 Questions to Ask as You Prepare for a Compliance Audit

May 12, 2015 by Brad Thies

For most cloud service providers, a compliance audit is, at best, a necessary evil — the root canal of the business world. Like a root canal, it can be a painful process that you regret about halfway through, even if you know it’s good for you. But just as you can avoid root canals with proper dental hygiene and regular checkups, the pain of compliance audits can be avoided with proper preparation.[read more]

3 Ways Big Data Impacts Small Business

May 11, 2015 by Keith Tully

Big data and small business.

Believe it or not, if your company has been operating for a year or more, you likely have a ton of “Big Data” sitting in your company records. If you’ve been keeping track of your sales in a ledger of some sort (excel, QuickBooks, etc.), then you have an excellent set of sales statistics to cross-reference with other information in your tool chest. Have you been keeping track of the promotions and sales your company runs?[read more]

The 4 Types of Data Analytics [VIDEO]

May 11, 2015 by Lillian Pierson

Vlog. 

This vlog piece was filmed in Penang, Malaysia and introduces viewers to the 4 types of data analytics. Descriptive data answers the question, “What Happened?” Diagnostic data is commonly used in engineering and sciences to diagnose “what went wrong?”[read more]

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Business VoIP: Could B2C Applications Overrun Enterprise Focused Services?

May 11, 2015 by Anand Srinivasan

Business VoIP.

In a recent quarterly earnings call, CEO Mark Zuckerberg announced that Facebook Messenger now accounts for close to 10% of all global mobile Voice over IP calls. With WhatsApp, an application that Facebook acquired for $19 billion, having introduced VoIP calling over their platform, the adoption rate of VoIP is at an all-time high. The exponential growth has telcos across the world raise their voices for laws that will enable them to bypass net neutrality issues and protect their revenues.[read more]

Are You a Data Hoarder? Learn How to Manage the Clutter

May 10, 2015 by Larisa Bedgood

Data hoarder.

Once a system has been put in place to flush out the bad data, you don’t want to fall bad into bad data hoarding habits so be sure to appoint a “keeper of the data”. You don’t need to rush out and hire a data scientist, but someone within the organization should be responsible for the data, such as a data steward who understands what to do with all the data that is being collected.[read more]

How Nonprofits Like the YMCA Use Data to Maximize Community Impact & ROI

May 9, 2015 by Trips Reddy

Maximize impact.

The biggest truth about data is that it only has real value if it changes the way organizations act and think. In today’s data-driven world, having the right data can help nonprofit organizations become more transparent and accountable, helping them demonstrate to donors and members that their programs and initiatives are achieving objectives. Here’s how nonprofits like the YMCA are already using data to look for trends and insights, and even identify and find solutions to problems that don't exist yet, but might be just around the corner.[read more]

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Expert Speak: 6 Highlights and Lessons from the 2015 CDO Summit

May 8, 2015 by Trips Reddy

The 2015 CDO Summit.

The CDO Summit 2015 (at the Thomson Reuters office in New York City) hosted Chief Digital Officers, Chief Data Officers and other C-suite digital leaders from a range of industries including retail, finance, healthcare and technology. Organized by the CDO Club, a packed day of sessions, panels and knowledge-sharing highlighted original research, the CDO jobs landscape and the challenges faced by CDOs as they focus on digital transformation at their companies.[read more]

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Is VoIP Offering You Any Real Benefit?

May 8, 2015 by Richard Smith
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Experts opine that instead of the myriad benefits offered by VoIP, we still need to have a disaster recovery system in place in order to make VoIP future ready. Hosted VoIP systems, for instance, allow several points of protection in order to support communication recovery. There should be enough scope for rerouting calls to other locations as well.[read more]