Topic "Next-Gen Analytics Solutions"
Having a strong, enterprise-focused data analytics effort means a much greater chance of having above-average growth. Nearly two-thirds of companies with well-established advanced analytics strategies report operating margins and revenues of 15% or more, according to a recent survey published by Forbes Insights and EY. So what makes an organization a well-functioning, data-driven machine? Having... more
It is a fact that businesses in every industry worldwide are being disrupted on a daily basis. Often by competitors that are from outside their industry, and as a result, off their competitive radar screens.
CIOs will have to master of both the business innovation and technology dimensions of digital transformation to be successful Building a solid data management foundation is essential.
Security analytics solutions that rely only on rules to detect violations and potential threats suffer from too many false positives and the inability to identify previously unknown threat patterns. To address these shortcomings, security analytics solutions are starting to incorporate user behavioral analytics (UBA). What is User Behavior Analytics? User Behavioral Analytics has been used... more
During World War II, intelligence experts developed skills a discipline they called “Content Analysis.” In this case, Content Analysis means the ability to draw insights not necessarily directly from information itself, but rather in the frequency in which the information is presented. Quantifying the number of mentions a particular topic receives, and connecting them to... more
The good news is that there is tremendous potential for business disruption by building a competence in data and analytics. The bad news is that almost everybody sees the same thing and everybody is trying to do it. Even worse, data availability and technology changes are making it possible for new entrants to leapfrog the traditional barriers to entry. The one thing nobody else has is your data and the ability to combine that with internal data to delivery better services, better experiences, better patient outcomes etc. Start with your strategy. Make sure that you have a distinct competence in data management.
Welcome back to our series of Analytics Chalk Talk videos. I hope you enjoyed our last video: “Driving Analytics Data Management Competence with Metadata.” In this Chalk Talk, I’m discussing how organizations can develop better, more business-driven approaches to data governance. The result will be great data that will deliver valuable analytics insights. Please watch the... more
“Nobody knows what the role of a Chief Data Officer is, and if they did, they would not take the job!” –as told to Roger Nolan So, what’s going on with this emerging role of chief data officer? Gartner recently published estimates that 25% of large global organizations have chief data officers (CDOs), a number that... more
The best IT leaders will play a strong and active role in the business strategy process. Their role is not just to “be the implementers,” but to advise the business on technology and data issues, and to ensure that the data architecture will support the business strategy in the near terms and in the future.
There are many mainly abstract concepts that bring potential benefits that are impossible to quantify, such as “digital transformation.” Data, however, is not so abstract – it is real, it is tangible, and the benefits understanding and leveraging it brings to enterprises can make a measurable, notable difference. Call it what you will, but data... more