(ComputerWorld, 4 May 2012) In Brief: “Massive” demand from the corporate world is prompting top venture and growth capital firms to invest hundreds of millions of dollars in companies that develop Big Data technologies, this writer says. Our View: As investors continue to channel resources into enterprises that create and sell these systems, it is [...]
Read more(CFO, 23 April 2012) In Brief: “When you give people too much information, they actually underperform,” CEB Executive Director Michael Griffin tells CFO magazine. “There is more and more data coming in. But that doesn’t make it any easier for FP&A teams to deliver actionable insight to their business partners.” Results from a CEB survey [...]
Read more(Harvard Business Review, 23 April 2012) In Brief: Don’t just map out new business model ideas on paper. Test out your model by building a prototype, this writer says. Fail fast and capture learning to improve your new model and try again. Our View: Before you can test your new business model, you must build [...]
Read more(Computerworld: Techworld, 19 April 2012) In Brief: While lots of companies are talking about Big Data, very few are spending on any solutions yet, according to one Dell vice president. Many are still trying to define exactly what it is, he says – a problem exacerbated by vendors who repackage old systems and pass them [...]
Read more(Business Finance, 26 March 2012) In Brief: Since the 2008 financial crisis, banks have been striving for better measurement and reporting so they can adjust to new economic conditions and management needs. Efforts include: using key performance indicators (KPIs) for business units, improving performance management processes, and ensuring data quality. Our View: It is often [...]
Read more(ITWorld, 26 March 2012) In Brief: These five technology trends are affecting the way companies deliver business analytics: Big Data, faster processing, lower IT costs, mobile devices, and the rise of social media. This writer offers advice on how to take advantage of each, with specific recommendations for software, hardware and software-as-services. Our View: Don’t [...]
Read more(Forbes, 25 March 2012) In Brief: Organizations should have “I wish I knew…” discussions to help determine exactly what they want to achieve with Big Data. Then they can develop a strategy and focus only on “essential” information. Our View: Even as companies invest eight- and nine-figure sums to derive insight from financial and customer [...]
Read more(Information Management, 22 March 2012) In Brief: Many organizations are understandably being cautious about being “first into the water” when adopting Big Data, this writer explains, because “there are no silver bullets.” Companies should spend a significant amount of time researching how they could benefit from Big Data before attempting to ride the next big [...]
Read more(Gigaom, 11 March 2012) In Brief: Amid all the hype around cutting-edge Big Data systems, this writer contends that certain “tried and true” technologies have served for years as the “silent heroes” of interpreting huge streams of information. Our View: CFOs should pressure-test investment proposals for IT-driven analytics projects to ensure a clear path to [...]
Read more(cmswire.com, 1 March 2012) In Brief: Big data is not new; social networking sites use it to identify people users might want to connect with, and online retailers use it to recommend products and process transactions. So what’s all the fuss about? More information – tremendous amounts of it – is available today than ever [...]
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