A few months ago, I wrote an article on the four pillars of big data analytics. One of those pillars is what is called discovery analytics or where visual analytics and data discovery combine together to meet the business and analyst needs. My colleague Mark Smith subsequently clarified the four types of discovery analytics: visual discovery, data discovery, information discovery and event discovery. Now I want to follow up with a discussion of three trends that our research has uncovered in...
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Topics:
Datameer,
SAP,
Splunk,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
IBM,
Information Applications,
Information Builders,
Operational Intelligence,
Oracle,
Data Discovery,
Information Discovery
IBM’s SPSS Analytic Catalyst enables business users to conduct the kind of advanced analysis that has been reserved for expert users of statistical software. As analytic modeling becomes more important to businesses and models proliferate in organizations, the ability to give domain experts advanced analytic capabilities can condense the analytic process and make the results available sooner for business use. Benefiting from IBM’s research and development in natural-language processing and its...
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Topics:
analytic catalyst,
driver analysis,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
IBM,
SPSS
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Topics:
Social Media,
Customer Analytics,
Customer Experience,
Speech Analytics,
Voice of the Customer,
Mobile Apps,
Self-service,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Customer Service,
IBM,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Desktop Analytics,
IBM Watson,
Text Analytics
IBM’s Big Data and Analytics Analyst Insights conference started me thinking about the longer-term potential impact of big data and related technologies on business management. I covered some of the near-term uses of big data and analytics in an earlier perspective. There are numerous uses of big data that can provide incremental improvements to existing processes and practices. Some of these will have a significant impact on changing business models, enabling new classes of products and...
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Topics:
Big Data,
Planning,
Predictive Analytics,
Management,
Budgeting,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
IBM,
Information Management,
decision,
FPM,
Watson
Users of big data analytics are finally going public. At the Hadoop Summit last June, many vendors were still speaking of a large retailer or a big bank as users but could not publically disclose their partnerships. Companies experimenting with big data analytics felt that their proof of concept was so innovative that once it moved into production, it would yield a competitive advantage to the early mover. Now many companies are speaking openly about what they have been up to in their business...
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Topics:
Big Data,
Datameer,
Sales Performance,
SAS,
Supply Chain Performance,
Teradata,
alteryx,
IT Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
IBM,
Information Applications,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
Strata+Hadoop
IBM hosted the Big Data and Analytics Analyst Insights conference in Toronto recently to emphasize the strategic importance of this topic to the company and to highlight recent and forthcoming advancements in its big data and analytics software. Our firm followed the presentations with interest. My colleagues Mark Smith and Tony Cosentino have commented on IBM’s execution of its big data strategy and its approach to analytics. As well, Ventana Research has conducted benchmark research on ...
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Topics:
Big Data,
Sales Performance,
Office of Finance,
MRO,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Financial Performance,
IBM,
Location Intelligence,
Operational Intelligence,
FPM,
Maximo,
TM1,
Watson
I recently attended Vision 2013, IBM’s annual conference for users of its financial governance, risk management and sales performance management software. These three groups have little in common operationally, but they share software infrastructure needs and basic supporting software components such as reporting and analytics. Moreover, while some other major vendors’ user group meetings concentrate on IT departments, Vision focuses on business users and their needs, which is a welcome...
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Topics:
Planning,
Reporting,
Budgeting,
closing,
XBRL,
Analytics,
Business Performance,
Data Management,
Financial Performance,
IBM,
CFO,
Financial Performance Management,
FPM,
SEC,
TM1,
Digital Technology
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Topics:
Social Media,
Customer Analytics,
Customer Experience,
Social CRM,
Mobile Apps,
Self-service,
Operational Performance,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Customer Service,
IBM,
Call Center,
Cognitive Computing,
Contact Center,
Contact Center Analytics,
CRM,
IBM Watson,
Text Analytics
Organizations today must manage and understand a flood of information that continues to increase in volume and turn it into competitive advantage through better decision making. To do that organizations need new tools, but more importantly, the analytical process knowledge to use them well. Our benchmark research into big data and business analytics found that skills and training are substantial obstacles to using big data (for 79%) and analytics (77%) in organizations.
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Topics:
Data Science,
Predictive Analytics,
R,
SAP,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
IBM,
Information Applications,
Operational Intelligence,
Oracle
When it comes to today’s customers, companies have to be smart if they are going to anticipate and meet new customer expectations. These days IBM talks about doing most things in “smart” ways. Recently I was briefed on IBM’s Smart Customer Analytics, but it took me quite a while to find information about it on the company’s not-so-smart website. Surprisingly since business analytics is so important to IBM current and ongoing investments and is the top ranked technology innovation priority in 39...
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Topics:
Sales Performance,
Customer Analytics,
Customer Experience,
Voice of the Customer,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Customer Service,
IBM,
Information Applications,
Information Management,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Text Analytics