Big Data / Analytics

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Talking about Thinking Machines

By Dave Schubmehl – 1 Comment

As the market for intelligent applications and the software platforms used to build them has emerged over the last few years, there has been a lot of nomenclature confusion. What should we call these applications and what should we call the platforms, libraries and software tools used to build them?

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Strategy Leads Transformation

By Michael Versace – 13 Comments

......Given that we do not yet have a separate community for Digital Strategy-related topics, I thought that the Analytics and Big Data community would be good place to post this one. Here's the premise - Analytics and big data lead to better business insights around customers, operations, and products and services. Insights in turn define and defend corporate strategies in the digital era, and well executed strategies lead effective digital transformation. See if you agree.

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Informatica announced an agreement on April 7 2015, to be acquired by Permira Funds partnered with Canada Pension Plan Investment Board. This article provides some of the details and speculates on why we are seeing a trend of public technology companies going private.

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I recently completed an IDC MarketScape on Decision Management Software Platforms. This research project gave me the opportunity to speak to several vendors in the market including, FICO, IBM, Oracle, SAS and TIBCO, several of their customers who adopted the solutions, and put the findings in the context of the decision management research I have been doing for many years. Until this platform market emerged a few years ago, customers cobbled together rules engines, advanced analytic tools, interfaces and alerting capabilities to develop decision management solutions. These solutions used rules to enforce resource constraints or maintain compliance with external regulations and internal policies while applying predictive analytic models to generate optimal decision choices. These decision options could be automated if an event met acceptable confidence thresholds or served to front-line employees who could then take action based on recommendations.

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The rise of Internet connected devices presents opportunities to harvest the data and leverage it for new types of intelligent applications and services. This post reviews some of the factors impacting demand and supply of a new wave of analytic applications.

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Unlocking the Hidden Value of Information

By Dave Schubmehl – 1 Comment

A newly published IDC multiclient study discusses the best practices and strategies to unlock the hidden value of information. Research from IDC shows that unstructured content accounts for 90% of all digital information. This content is locked in a variety of formats, locations, and applications made up of separate repositories. When connected and used properly, such information typically can help increase revenue, reduce costs, respond to customer needs more quickly and accurately, or bring products to market faster.

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Twitter's purchase of Bluefin Labs in 2013 and Gnip, Secondsync and Mesagraph in 2014 show that the Twitter wants to move beyond just advertising into the the world of social media data and analytics, especially for media, consumer companies and enterprises. The combination of analytics technology from Bluefin with the data APIs of Gnip make for a powerful combination and put pressure on companies like DataSift, FirstRain and other social media data and analytics companies.

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Some are saying that the chip cache is the new RAM, and RAM is the new disk. In the DBMS world, this means that disk-optimized DBMSs (those that optimize their operations around the management of data on disk storage) are giving way to memory-optimized DBMSs (those that optimize operations around the management of data in memory, using disk for overflow and recovery purposes). A number of startups have unveiled exciting new technology along these lines. It's not just the startups that are having all the fun; leading DBMS vendors such as Oracle, IBM, SAP, and Teradata have also introduced DBMS technology that is either partially or entirely memory-optimized. This technology is sure to go mainstream in many enterprise data centers by the end of 2014.

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Big Money for Big Data

By Dan Vesset

$3 billion is the amount of venture capital (VC) funding that has flowed into information management, access, and analysis software vendors since the beginning of the slow economic recovery in 2009 and through August of 2013. Does this level of VC funding denote irrational exuberance or a wave of unprecedented innovation?

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Google recently discussed a number of search enhancements that they have made to Google Web Search for desktop and mobile users. A number of these capabilities are finding their way into a new wave of enterprise search applications known as Unified Information Access (UIA) platforms. IDC is predicting that many of these UIA platforms will replace traditional search systems at most organizations over the next several years.

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Welcome to the Business Analytics blog where business and IT professionals engage in ongoing discussions on best practices, emerging market trends, and latest market developments in business analytics, including data warehousing, advanced analytics, query, reporting, and analytic applications.

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