TimeXtender Data Discovery Hub aims to bridge the gap between business and IT

TimeXtender Data Discovery Hub aims to bridge the gap between business and IT

TimeXtender Data Discovery Hub aims to bridge the gap between business and IT

“The past of BI (Business Intelligence) was decision support system and its future is Intelligent Business,” said Donald Farmer, Principal, TreeHive Strategy at TimeXtender Data Discovery Hub launch event. He explained what is intelligence in this context. It translates to insight, foresight, adaptability and wisdom. He mentioned that every company is a data company. If they do not think like that then they are losing competitive advantage.

Romi Mahajan, CCO, TimeXtender said, “Data is the new commodity. Every organization will strive very soon to build secure, agile and automated data infrastructure.” He further stated that any organization in any industry will determine how successful they will be in next decade by how they frame the question of data. The five assumptions they will working around will be: 1. Data is a fundamental source of value. 2. In the current state data is far from perfect. 3. Organizations can make far more progress if they could contextualize the data. 4. Organizations do not have to invent or buy. The asset is what they have collected over years in existing data. 5. Today despite IT business singularity IT and business teams are often at loggerheads.

Read Also:
Big Data and IT Asset Management: A marriage made in heaven or hell?

Shedding light on current predicaments, he said that data sources are increasing and changing. There is lot of challenge around siloed data. wherein one has to open 1,000 gates for thousand reports. Classic data warehouses is slow to respond to current business needs.

 



Chief Analytics Officer Europe

25
Apr
2017
Chief Analytics Officer Europe

15% off with code 7WDCAO17

Read Also:
Managed Data Lakes Deliver Exceptional Value and Accessibility

Chief Analytics Officer Spring 2017

2
May
2017
Chief Analytics Officer Spring 2017

15% off with code MP15

Read Also:
Open source data visualization tool by Airbnb: benefits and limitations.

Big Data and Analytics for Healthcare Philadelphia

17
May
2017
Big Data and Analytics for Healthcare Philadelphia

$200 off with code DATA200

Read Also:
Open Source Site Aims to Boost Use of Machine Learning

SMX London

23
May
2017
SMX London

10% off with code 7WDATASMX

Read Also:
How to introduce agile principles to BI

Data Science Congress 2017

5
Jun
2017
Data Science Congress 2017

20% off with code 7wdata_DSC2017

Read Also:
How to succeed with big data on a tight budget
Read Also:
How Machine Learning and Big Data Drive the Bottom Line

Leave a Reply

Your email address will not be published. Required fields are marked *