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
At this year’s annual SAP user conference, SAPPHIRE, the technology giant showed advances in its cloud and in-memory computing efforts. It has completed the migration of its conventional application suite and portfolio of tools to operate on SAP HANA, its in-memory computing platform, and made improvements in its cloud computing environment, SAP HANA Enterprise Cloud. The last time I analyzed SAP HANA was when it won our firm’s 2012 Overall IT Technology Innovation Award. Now HANA has been...
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Topics:
Big Data,
Predictive Analytics,
SAP,
Social Media,
Supply Chain Performance,
Teradata,
Mobile Technology,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
HP,
Information Applications,
Information Management,
Workforce Performance,
CFO,
CMO,
SAP EPM,
SAP HANA,
SAP Lumira,
SAPPHIRE,
Tagetik
In some parts of the world, bribing government officials is still considered a normal cost of doing business. Elsewhere there has been a growing trend over the past 40 years to make it illegal for a corporation to pay bribes. In the United States, Congress passed the Foreign Corrupt Practices Act (FCPA) in 1977 in the wake of a succession of revelations of companies paying off government officials to secure arms deals or favorable tax treatment. More recently other governments have implemented...
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Topics:
SAP,
ERP,
Governance,
GRC,
bribery,
Operational Performance,
Business Analytics,
Business Performance,
Financial Performance,
Governance, Risk & Compliance (GRC),
IBM,
Operational Intelligence,
Oracle,
CFO,
compliance,
FPM,
Oversight Systems
Last week, IBM brought industry analysts to its famed Almaden Research Center, where the company outlined its big data analytics strategy and introduced a number of new innovations. Big data is no new topic to IBM, which has for decades helped organizations store and use data. But technology has changed over those decades, and IBM is working hard to ensure it is part of the future and not just the past. Our latest business technology innovation research into big data technology finds that...
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Topics:
Big Data,
SAP,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Governance, Risk & Compliance (GRC),
IBM,
Information Applications,
Operational Intelligence,
Oracle
SAP recently announced its new Fraud Management analytic applications. Currently in “controlled” (limited) release, it’s a promising start for the product and a good example of the type of business process revolution that’s possible when companies can execute complex analytics on big data sets using in-memory and other advanced processing techniques. Over the next several years a wide swath of basic corporate processes will be transformed by the shift to in-memory processing and big data...
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Topics:
SAP,
Fraud,
Governance,
GRC,
Office of Finance,
audit,
Analytics,
Business Analytics,
Business Performance,
Financial Performance,
Governance, Risk & Compliance (GRC),
compliance,
Risk,
HANA
Big data analytics is being offered as the key to addressing a wide array of management and operational needs across business and IT. But the label “big data analytics” is used in a variety of ways, confusing people about its usefulness and value and about how best to implement to drive business value. The uncertainty this causes poses a challenge for organizations that want to take advantage of big data in order to gain competitive advantage, comply with regulations, manage risk and improve...
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Topics:
Predictive Analytics,
Sales Performance,
SAP,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
IBM,
Information Applications,
Information Management,
Data Discovery,
big analytics
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
SAP just released strong preliminary quarterly and annual revenue growth, which in many ways can be attributed to a strong strategic vision around the HANA in-memory platform and strong execution throughout the organization. Akin to flying an airplane while simultaneously fixing it, SAP’s bold move to HANA may at some point see the company continuing to fly when other companies are forced to ground parts of their fleets.
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Topics:
Sales,
Sales Performance,
SAP,
Supply Chain Performance,
Business Objects,
Business Objects predictive analytics,
Crystal reports,
Operational Performance,
Visi,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
IBM,
Operational Intelligence,
Workforce Performance,
cognos insight,
SAP predictive analytics,
Sybase IQ
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Topics:
Mobile,
Predictive Analytics,
Real-time,
Sales Performance,
SAP,
Supply Chain Performance,
ERP,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
In-memory,
Workforce Performance,
CRM,
finance,
Social,
Business Suite,
Financial Performance Management,
HANA
Over the last few weeks SAP has run several events for both customers and the analyst community to herald the launch of SAP 360 Customer in an attempt to regain ground in the CRM market and convince everyone that it has sorted out its cloud, mobile and collaboration strategy. One of the main user events was Sapphire NOW in Madrid earlier this month. From reports that I have seen, it seems that customers at that conference were far from convinced – and if customers are not convinced then...
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Topics:
Sales Performance,
Salesforce.com,
SAP,
Social Media,
Customer Analytics,
Customer Experience,
Social CRM,
Voice of the Customer,
Mobile Apps,
Analytics,
Business Collaboration,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Customer Service,
CRM