How Facial Recognition is Shaping the Future of Marketing Innovation

How Facial Recognition is Shaping the Future of Marketing Innovation

Facial recognition technology is something that most of us take for granted. We’ve casually noticed that our smartphones now organize photos by people, or that Facebook somehow always knows the right friends to tag. But until recently, most people haven’t realized that this technology is less of a “cool trick” and will actually significantly shape the way we do business …

Batch vs. Real Time Data Processing

Batch vs. Real Time Data Processing

Batch data processing is an efficient way of processing high volumes of data is where a group of transactions is collected over a period of time. Data is collected, entered, processed and then the batch results are produced (Hadoop is focused on batch data processing). Batch processing requires separate programs for input, process and output. An example is payroll and billing systems. In contrast, real time …

The ROI of a Modern Data Strategy

The ROI of a Modern Data Strategy

You finally have top management on board to get started on your company’s data transformation, but now comes the hard part. You know that you need a solid data strategy to guide your efforts, but other managers at your company would rather focus investment on building things, investigating questions in the data, you know—things that have a much more visible …

Analytics in the driver’s seat at Ford

Four ways Walmart uses analytics

From online activity to in-store purchases and social mentions, Walmart has more customer connections than any retailer in the world. According to Daniel Thorpe, Senior Director of Analytics for Global Customer Insights, the company sees 300,000 social mentions per week. Thorpe leads a team of analysts responsible for using that data to understand customers holistically based on self-reported and behavioral …

Driving Bottom-line Results: The Evolving Role of Chief Data Officer

Driving Bottom-line Results: The Evolving Role of Chief Data Officer

As information technology flourished and businesses started dealing with massive amounts of data, the need for a dedicated job to manage this data became essential. With exponential growth in quantity of data, the challenges associated with data gathering, storing and managing became equally complex. It was expensive and frustrating to capture, extract, store and access the data. The next set …

How Artificial Intelligence Will Change The Field Service Industry

How Artificial Intelligence Will Change The Field Service Industry

Replace or enhance? That’s the question many people ask when discussing implementing artificial intelligence (A.I.) in the workplace, fearing that computers will put them out of a job. Just this past September, Forrester released a report saying that 6 percent of U.S. jobs may be replaced by A.I. and bots by 2021. For employees, this may sound ominous, but it …

How data breaches are discovered

How data breaches are discovered

While the laws dealing with cybersecurity notifications vary by state, there’s general agreement among organizations that they ought to notify consumers, regulators and others as soon as they discover a breach. But what happens when those other stakeholders are the ones who notify you with the first news of the breach?  In December 2016, Yahoo disclosedthat a 2013 hack had …

Gaining Insight from Data in the Digital Workplace

Gaining Insight from Data in the Digital Workplace

We are currently in the era of digital business models, where all workplaces become “digital” in one way or another. Gone are the days when organizations installed data warehouses and search engines to help people find relevant data. Many of these tools never delivered on the expectations – and the needs – of users and organizations. They were lacking in analytical …

Tips to Make Sure Your BI Projects Will Succeed In 2017!

Tips to Make Sure Your BI Projects Will Succeed In 2017!

It seems that after 20 years we still have articles being written on “Why do Business Intelligence Projects Fail?” Many of these articles summarize the reasons typically within 3 general areas: 1. Tools – were too expensive, took too long to implement – were not easy to use, complex to adjust/modify – they had great visualization but poor data management …

8 ways big data analytics can be applied by any CEO

8 ways big data analytics can be applied by any CEO

How do big data and data analytics play into strategy development at the chief executive level? Should they play at all, or should CEOs and peers delegate data analytics to the experts? It’s a discussion played out in businesses around the world. A recent report by McKinsey (Making data analytics work for you—instead of the other way around) shines a …