I’ve frequently commented on the artificiality of the emerging software category of governance, risk and compliance (GRC). The term is used to a cover a combination of what were once viewed as stand-alone software categories, including IT governance, audit documentation and industry-specific compliance management, to name three examples. While it’s still common for specific types of software to be purchased piecemeal by different departments, these disparate areas have started a long...
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Topics:
Big Data,
Performance Management,
Predictive Analytics,
Customer Experience,
Governance,
GRC,
Management,
Operational Performance,
Analytics,
Business Performance,
Financial Performance,
compliance,
finance,
Risk,
financial risk management,
IT Risk Management,
Sarbanes Oxley,
SOX
I recently attended the annual Informatica analyst summit to get the latest on that company’s strategy and plans. The data integration provider offers a portfolio of information management software that supports today’s big data and information optimization needs. Informatica is busy making changes in its presentation to the market and its marketing and sales efforts. New executives, including new CMO Marge Breya, are working to communicate what is possible with Informatica’s product portfolio,...
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Topics:
Big Data,
Data Quality,
Master Data Management,
Salesforce.com,
MDM,
IT Performance,
Business Analytics,
Business Intelligence,
Cloud Computing,
Data Governance,
Data Integration,
Data Management,
Governance, Risk & Compliance (GRC),
Informatica,
Information Applications,
Information Management,
Operational Intelligence,
CEP,
Informatica Cloud,
Strata+Hadoop
Ventana Research completed an in-depth benchmark research project on long-range planning recently. As I define it, long-range planning is the formal quantification of the strategic plan and how that strategy is expected to play out over a period of time. The benchmark demonstrated that there’s room for improvement in almost every aspect of the long-range planning process. Almost all (95%) of those participating in the research see the need to advance their process. The research confirmed that...
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Topics:
Big Data,
Performance Management,
Planning,
Office of Finance,
Reporting,
Uncategorized,
CFO,
CEO,
Financial Performance Management,
FPM
Data is a commodity in business. To become useful information, data must be put into a specific business context. Without information, today’s businesses can’t function. Without the right information, available to the right people at the right time, an organization cannot make the right decisions nor take the right actions, nor compete effectively and prosper. Information must be crafted and made available to employees, customers, suppliers, partners and consumers in the forms they want it at...
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Topics:
Big Data,
Analytics,
Business Analytics,
Cloud Computing,
In-Memory Computing,
Information Applications,
Information Management,
Information Optimization,
Strata+Hadoop,
Digital Technology
Ventana Research recently completed an in-depth benchmark research project on long-range planning. As part of the research we had discussions with CFOs and those involved in financial planning and analysis about their company’s strategic and long-range planning processes, which pointed to the need for clarity in using the terms “strategic planning” and “long-range planning.”
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Topics:
Big Data,
Performance Management,
Planning,
Sales Performance,
Supply Chain Performance,
Office of Finance,
Reporting,
Operational Performance,
Business Performance,
Customer & Contact Center,
Financial Performance,
Workforce Performance,
CFO,
CEO,
Financial Performance Management,
FPM
Platfora has gained a lot of buzz in the Big Data analytics market primarily through word of mouth. Late last year the company took the covers off of some impressive and potentially disruptive technology that takes aim at the broad BI and business analytics ecosystem, including the very foundation on which the industry is built. It recently demonstrated its software at the Strata Conference where the audience that is fixated on big data was in attendance.
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Topics:
Big Data,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Financial Performance,
Information Applications,
Platfora,
Strata+Hadoop
SiSense gained a lot of traction last week at the Strata conference in San Jose as it broke records in the so-called 10x10x10 Challenge – analyzing 10 terabytes of data in 10 seconds on a $10,000 commodity machine – and earned the company’s Prism product the Audience Choice Award. The Israel-based company, founded in 2005, has venture capital backing and is currently running at a profit with customers in more than 50 countries and marquee customers such as Target and Merck. Prism, its primary...
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Topics:
Big Data,
Sales Performance,
Tableau,
elasticube,
Operational Performance,
Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Information Applications,
Information Management,
Qlik
Business is starting to realize that taking advantage of big data is not just technically feasible but affordable by organizations of all sizes. However, as outlined in our agenda on big data and information optimization, the technology must be engineered to the information needs of business. HortonWorks has been steadily advancing its big data technology called Hadoop and contributing its developments back to the Apache Software Foundation for a range of projects. The company performs...
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Topics:
Big Data,
Microsoft,
Talend,
Teradata,
Simba,
Business Analytics,
Cloud Computing,
Hortonworks,
Informatica,
Information Applications,
Information Management,
HDP,
Hive,
Tez,
Strata+Hadoop
SnapLogic, a provider of data integration in the cloud, this week announced Big Data-as-a-Service to address businesses’ needs to integrate and process data across Hadoop big data environments. As our research agenda for 2013 outlines, dealing with data in the cloud is very important to organizations. At the same time, businesses need to be able to integrate their big data with all their technology assets, as I pointed out recently.
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Topics:
Big Data,
R,
Sales Performance,
Salesforce.com,
SnapLogic,
Operational Performance,
Business Analytics,
Cloud Computing,
Cloudera,
Customer & Contact Center,
Data Integration,
Information Applications,
Information Management
The challenge with discussing big data analytics is in cutting through the ambiguity that surrounds the term. People often focus on the 3 Vs of big data – volume, variety and velocity – which provides a good lens for big data technology, but only gets us part of the way to understanding big data analytics, and provides even less guidance on how to take advantage of big data analytics to unlock business value.
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Topics:
Big Data,
Microsoft,
SAP,
SAS,
Excel,
designed data,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
IBM,
Information Applications,
Location Intelligence,
Operational Intelligence,
Oracle,
SPSS