Sales forecasting is an essential process for most businesses. It helps guide the efforts not only of the sales function but also of finance, operations, manufacturing and customer service. Our recently released sales forecasting benchmark research reveals significant insights and best practices that can help companies optimize the effectiveness of this process. I recently wrote that most sales organizations need to make significant changes to the way they do sales forecasting. In that analyst...
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Topics:
Sales,
Sales Performance,
Sales Forecasting,
Operational Performance,
Business Analytics,
Business Intelligence,
Cloud Computing,
Information Applications,
SFA
Our research consistently finds that data issues are a root cause of many problems encountered by modern corporations. One of the main causes of bad data is a lack of data stewardship – too often, nobody is responsible for taking care of data. Fixing inaccurate data is tedious, but creating IT environments that build quality into data is far from glamorous, so these sorts of projects are rarely demanded and funded. The magnitude of the problem grows with the company: Big companies have more...
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Topics:
Big Data,
Planning,
Predictive Analytics,
Governance,
Office of Finance,
Budgeting,
close,
Finance Analytics,
Tax,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
CIO,
Financial Performance,
Governance, Risk & Compliance (GRC),
In-memory,
Information Applications,
CFO,
Risk,
CEO,
Financial Performance Management,
FPM
Pressure to comply with requirements of the Affordable Care Act (ACA) is a looming challenge for most organizations today. Many go through numerous manual iterations such as running reports and compiling data into spreadsheets from benefits, payroll and HR systems to calculate whether their employees are eligible. As my colleague Stephan Millard explains in “Is Your Organization Technology Ready for the Affordable Care Act?”, the ACA applies to organizations with 50 or more full-time employees...
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Topics:
Equifax,
Human Capital Analytics,
Office of Finance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Workforce Performance
SAS Institute, a long-established provider analytics software, showed off its latest technology innovations and product road maps at its recent analyst conference. In a very competitive market, SAS is not standing still, and executives showed progress on the goals introduced at last year’s conference, which I covered. SAS’s Visual Analytics software, integrated with an in-memory analytics engine called LASR, remains the company’s flagship product in its modernized portfolio. CEO Jim Goodnight...
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Topics:
Predictive Analytics,
IT Performance,
LASR,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloudera,
Customer & Contact Center,
Hortonworks,
IBM,
Information Applications,
SAS institute,
Strata+Hadoop
Our latest benchmark research into the market for location analytics software finds significant demand for location-related technology that can improve business outcomes and generate relevant information for various types of users. (Location analytics is an extension of business analytics that can enhance the sophistication of data and processes by adding a geographic context.) My last analyst perspective on this topic discussed the business value of insights based on geography and what...
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Topics:
Big Data,
Sales Performance,
Social Media,
Supply Chain Performance,
GIS,
Location Analytics,
IT Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Data
Our recently released research into next-generation customer analytics shows that the most participants (52%) use spreadsheets as a customer analytics tool. I recently wrote that while these popular tools are adequate for some tasks, they are not suitable for analyzing large volumes and many types of customer data. So I think it is appropriate that one in four (26%) participants have adopted a dedicated customer analytics tool and a further 29 percent are planning to invest in such a tool in...
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Topics:
Social Media,
Customer Analytics,
Speech Analytics,
Voice of the Customer,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Call Center,
Contact Center,
Contact Center Analytics,
Desktop Analytics,
Text Analytics
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Topics:
Big Data,
Pentaho,
Predictive Analytics,
Sales Performance,
Supply Chain Performance,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
Datawatch
I had the pleasure of attending Cloudera’s recent analyst summit. Presenters reviewed the work the company has done since its founding six years ago and outlined its plans to use Hadoop to further empower big data technology to support what I call information optimization. Cloudera’s executive team has the co-founders of Hadoop who worked at Facebook, Oracle and Yahoo when they developed and used Hadoop. Last year they brought in CEO Tom Reilly, who led successful organizations at ArcSight, HP...
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Topics:
Big Data,
Teradata,
Zoomdata,
IT Performance,
Business Intelligence,
Cloudera,
Hortonworks,
IBM,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Oracle,
Hive,
Impala,
Strata+Hadoop
At Oracle’s recent cloud computing analyst summit in sunny Palm Springs, the company’s executive team insisted that it sees clear skies for its efforts in cloud computing. The summit was led by senior executive Thomas Kurian, who runs the entire product organization and reports directly to CEO Larry Ellison. He affirmed that Oracle intends to offer the full range of cloud computing – public, private and hybrid models – to its customers and partners. As one of the world’s largest software...
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Topics:
Big Data,
Database,
Microsoft,
SaaS,
Sales Performance,
Social Media,
Software as a Service,
Supply Chain Performance,
Middleware,
Oracle Cloud,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
IBM,
Information Applications,
Information Management,
Oracle,
Workforce Performance,
Database as a Service,
Verizon
Many businesses are close to being overwhelmed by the unceasing growth of data they must process and analyze to find insights that can improve their operations and results. To manage this big data they find a rapidly expanding portfolio of technology products. A significant vendor in this market is SAS Institute. I recently attended the company’s annual analyst summit, Inside Intelligence 2014 (Twitter Hashtag #SASSB). SAS reported more than $3 billion in software revenue for 2013 and is known...
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Topics:
Big Data,
Predictive Analytics,
SAS,
Event Stream,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
CIO,
Customer & Contact Center,
Data Management,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Discovery