Using Business Intelligence to Improve all Operations in an Enterprise.

Business Intelligence

Subscribe to Business Intelligence: eMailAlertsEmail Alerts newslettersWeekly Newsletters
Get Business Intelligence: homepageHomepage mobileMobile rssRSS facebookFacebook twitterTwitter linkedinLinkedIn


Top Stories

Bringing Real-Time, Interactive Analytics to the Financial Industry The financial services market is one of the most data-driven industries in the world, yet it's bogged down by legacy CPU technologies that simply can't keep up with the task of querying and visualizing billions of records. In his session at 20th Cloud Expo, Jared Parker, Director of Financial Services at Kinetica, will discuss how the advent of advanced in-database analytics on the GPU makes it possible to run sophisticated data science workloads on the same database that is housing the rich information needed to drive trading decisions. With the unique multi-core architecture of the GPU, financial computations can be processed efficiently and quickly, making it ideal for financial services streaming datasets. He will share how several financial institutions' quantitative science groups are specifical... (more)

[session] If #IoT Is the Meteor, Is #OT the Dinosaur? | @ThingsExpo @Cisco #AI

If IoT Is the Meteor, Is OT the Dinosaur? In his session at @ThingsExpo, Sudarshan Krishnamurthi, a Senior Manager, Business Strategy, at Cisco Systems, will discuss how IT and operational technology (OT) work together, as opposed to being in separate siloes as once was traditional. Attendees will learn how to fully leverage the power of IoT in their organization by bringing the two sides together and bridging the communication gap. He will also look at what good leadership must entail in order to accomplish this, and how IT managers can be the drivers of change within their organizations. He also will discuss the skill sets needed to ensure that the full power of the IoT can be harnessed. Speaker Bio Sudarshan Krishnamurthi is a Senior Manager, Business Strategy, at Cisco Systems with over 20+ years of experience in the technology industry. He leads the Business... (more)

AI and Unstructured Data | @CloudExpo #BigData #ML #DL #IoT #FinTech

LogitBot Leveraging Unstructured Data for Improved Investment Strategies The next BriefingsDirect Voice of the Customer digital transformation case study highlights how high-performing big-data analysis powers an innovative artificial intelligence (AI)-based investment opportunity and evaluation tool. We'll learn how LogitBot in New York identifies, manages, and contextually categorizes truly massive and diverse data sources. By leveraging entity recognition APIs, LogitBot not only provides investment evaluations from across these data sets, it delivers the analysis as natural-language information directly into spreadsheets as the delivery endpoint. This is a prime example of how complex cloud-to core-to edge processes and benefits can be managed and exploited using the most responsive big-data APIs and services. To describe how a virtual assistant for targeting in... (more)

Business Model Transformation | @CloudExpo #BigData #DigitalTransformation

Business Model Transformation and What it Means to the Data Industry I recently read an MIT Sloan Management Review article by Clayton Christensen’s recent book titled “The Hard Truth About Business Model Innovations.” While the article is full of great observations about business model transformation, the most important motivation for business model transformation is found at the end: “..our understanding of the business model journey allows us to see that, over the long term, the greatest innovation risk a company can take is to decide not to create new businesses that decouple the company’s future from that of its current business units.” We use the Big Data Business Model Maturity Index as a vehicle for engaging with our clients about how they can leverage data and analytics to transform their business models (see Figure 1). Figure 1: Big Data Business Model Ma... (more)

Ask the Right Questions Before Jumping into Development | @DevOpsSummit #DevOps #ContinuousIntegration

Ask the Right Questions Before Jumping into Development In today's post, we're going to be talking more about the steps of ID-GEM - the business impact software framework from Amadeus Consulting that is designed to streamline your development process. ID-GEM is a free, downloadable planning tool that helps organizations incorporate business objectives early in the development process to reduce software project failure rates by addressing the need for better front-end planning. In our last post, we talked about step one - the "I" of ID-GEM, which stands for "Identify Value." It might be helpful to take a step back and read that blog so you can understand the importance of identifying business value before beginning your project. So now that you're brought up to speed with step one, let's launch right into step two - D, for "Discovery Questions." This is the part of y... (more)

Intelligent Automation | @CloudExpo @CloudRaxak #AI #ML #CD #DevOps

Click Here to Download Now! Learn how intelligent automation in the cloud can enable you to transform your business, make your processes more flexible, reduce your security risk and lower your IT security OpEx 40-60%. Forrester's research shows that leveraging the cloud is difficult because of the cost and complexity of security compliance. Regulated industries like financial services (banking, investments, insurance), retail, and healthcare have to maintain compliance with industry standards (FFIEC, PCI-DSS, HIPAA). Forrester's recommendation is that IT automation is the only way to cost effectively leverage the cloud and deliver security compliance on-premise and in the cloud. IBM and Cloud Raxak use automated security compliance to enable enterprises to: Move workloads to the cloud while maintaining continuous security compliance Reduce cloud security costs by ... (more)

[slides] @Citrix' #IoT and #DigitalTransformation | @ThingsExpo #BigData #ML

Download Slide Deck: ▸ Here Download Slide Deck: ▸ Here Will IoT Be Disruptive for the Enterprise? Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. Download Slide Deck: ▸ Here In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, discussed how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy applications and systems more useful by leveraging an increasingly disparate ecosystem of technologies, users and devices to create actionable business intelligence. Download Slide Deck: ▸ Here Speaker Bio Chris Witeck is a Principal Technology Strategi... (more)

Data and Economics 101 | @CloudExpo #IoT #AI #M2M #BigData #Analytics

As more organizations try to determine where best to deploy their limited budgets to support data and analytics initiatives, they realize a need to ascertain the financial value of their data and analytics - which means basic economic concepts are coming into play.  While many of you probably took an economics class in college not too long ago, some more "seasoned" readers may be rusty. The starting point for this topic began with a blog that I wrote several months ago titled "Determining the Economic Value of Data" and this key observation that started that conversation: Data is an unusual currency. Most currencies exhibit a one-to-one transactional relationship. For example, the quantifiable value of a dollar is considered to be finite - it can only be used to buy one item or service at a time, or a person can only do one paid job at a time. But measuring the va... (more)

Big Data Analytics Spur Growth | @BigDataExpo #BigData #DigitalTransformation

Big Data Analytics Spur Growth in Gaming Company Merger The next BriefingsDirect Voice of the Customer digital transformation case study highlights how newly combined Finnish national gaming company, Veikkaus, is managing a complex merger process while also bringing more of a digital advantage to both its operations and business model. We'll now explore how Veikkaus uses a power big-data analytics platform to respond rapidly to the challenges of digitization. To learn how a culture of IT innovation is helping to establish a single wholly nationally-owned company to operate gaming and gambling in Finland, we're joined by Harri Räsänen, Information and Communications Technology Architect at Veikkaus in Helsinki. The discussion is moderated by BriefingsDirect's Dana Gardner, Principal Analyst at Interarbor Solutions. Here are some excerpts: Gardner: Why has Veikkaus re... (more)

Delivering Comprehensive Intelligent Search | @CloudExpo #BI #Cloud #DigitalTransformation

WWT Took an Enterprise Tower of Babel and Delivered Comprehensive Intelligent Search The next BriefingsDirect Voice of the Customer digital transformation case study highlights how World Wide Technology, known as WWT, in St. Louis, found itself with a very serious yet somehow very common problem - users simply couldn’t find relevant company content. We'll explore how WWT reached deep into its applications, data, and content to rapidly and efficiently create a powerful Google-like, pan-enterprise search capability. Not only does it search better and empower users, the powerful internal index sets the stage for expanded capabilities using advanced analytics to engender a more productive and proactive digital business culture. Here to describe how WWT took an enterprise Tower of Babel and delivered cross-applications intelligent search are James Nippert, Enterprise Se... (more)

Self-Service Analytics Is Replacing Traditional BI | @CloudExpo #Cloud #BusinessIntelligence

Why Self-Service Analytics Is Replacing Traditional Business Intelligence By Pritika Ramani, Product Analyst, ManageEngine Modern organizations typically use several IT tools to monitor their applications, networks and other IT components in real time. Unfortunately, this leads to independent data islands, which creates a one-dimensional view of IT. In order to make strategic decisions, organizations need an IT operational analytics tool to analyze data from multiple sources, spot trends and make better decisions. While there are several analytics tools in the market, most tend to be either complicated or expensive to use. Self-service analytical tools, on the other hand, offer a rare combination of simplicity and affordability, making them popular among users. With the emergence of these comprehensive tools, every IT user can access data from various silos, get unifi... (more)