October 10, 2008 – 5:02 am
Predicative analytics sifts though current and historical data to predict future events or behaviors. It incorporates statistical and data mining techniques to determine patterns, highlight risks and identify opportunities. It doesn’t just extrapolate future performance based on past performance, although that is an input. It also identifies the relationships across many factors to lay out [...]
October 3, 2008 – 5:54 am
The United States and world economies are going through tough times. Many financial services firms have suffered severe losses and many other industries are being impacted. Although business spending on IT has yet to contract overall, it has been reduced in the worst hit sectors to date, and is likely to be challenged overall in [...]
September 24, 2008 – 7:50 am
To date many companies have fragmented their integration efforts across applications and groups. The classic split is between the group developing data warehouse and business intelligence applications versus the ERP (enterprise resource application) applications. Typically with this fragmentation different integration approaches are taken with ETL being what is used with data warehousing /business intelligence and [...]
September 17, 2008 – 5:53 am
There is a lot of worry on Wall Street and Main Street these days. Are we in a mild or severe recession? Is it the next Great Depression? How long will it last? No one knows the answers to these lofty questions, but Forrester Research has been busy recalibrating on the impact the economy is [...]
September 10, 2008 – 10:10 am
It’s funny that Forrester’s Boris Evelson recently received a slew of comments from data warehousing and business intelligence pros wondering why they hadn’t included an evaluation of Excel as a business intelligence tool. Boris goes on to explain why Excel doesn’t work as a standalone BI tool. Here’s my take on the subject: Like it [...]