Many companies today are in the very early stages of adopting Big Data analytics. They are likely to go down a road ahead filled with experimentation and discovery. From many decades of IT history it is known that a significant number of large projects or new initiatives just end up in failure, or do not [...]
Many companies today, especially those in the medium and large enterprise categories, are investing in setting up analytics teams and projects. They put together data scientists, give them tools, and provide support and guidance of various kinds from the IT and business functions. Depending on the specifics of the organization’s design, culture and ways of [...]
The continued increase in business competition in every industry sector, and the resulting efforts to find new means and ways to stay ahead of the game has led, among other things, to an emerging increase in the demand for data scientists. But what exactly are they expected to do that can’t already be done by [...]
For businesses that have begun using it, business analytics has become a valuable means of uncovering insights that aid decision making in many areas. For business analytics to produce reliable results, it has to be available in the right volumes (for statistically valid results) and at the right time. It must also be of the [...]
Whatever the size of companies operating in current times, chances are that their IT departments are no longer the sole custodians of enterprise data. Business users everywhere have more and more access to various types of data and information from various sources. They need this data access in order to operate more efficiently and in [...]
Isn’t just about every company in the world data driven already? In the business world, information technology (IT) is all about using technology to support and enable business functions, and most modern businesses already use IT in some way or the other. IT is used to provide the very core business platforms for e-commerce business, [...]
As software application technology changed over the decades the evolution in languages and their capabilities resulted in a steady pervasion in computing. With it, of course, there has also been a matching evolution in database storage and retrieval methods. At first there were simple flat files, but this quickly proved to be inefficient in many [...]
There’s so much jargon being thrown around these days. Some of it relates to new or emerging technologies that are actually quite independent, but because so many of these names and terms are often mentioned together it only adds to the difficulty that non-technical business leaders have in understanding these technologies and where they might [...]
I’ve sometimes been asked why it is that there’s so much more emphasis on the involvement of the business in analytics projects, and why it’s any different from the need to involve the business in IT or software development projects. This question is indeed a valid one. After all, no business software would serve its [...]
Once the model has been completed and validated it can be deployed and used by the business. This is often easier said than done. The business will only accept and use a model if understand it’s value and are convinced that it will help them improve their output. Cultivating a data-driven culture is something that [...]