How IBM built one of the world’s top digital agencies

How IBM built one of the world’s top digital agencies

Through a string of acquisitions and data-processing forces to be reckoned with, IBM IX has taken the lead in the world of digital marketing. A March 2017 Adweek report on tectonic shifts in the brand marketing ecosystem noted how professional services firms such as Accenture, Deloitte and PwC are muscling in on this space along with one well-known tech giant: IBM. …

Many businesses are just beginning their digital transformation journeys

Many businesses are just beginning their digital transformation journeys

Are CEOs understanding the importance of digital transformation? If digital transformation is a journey, then how many organizations have started it and can we infer how far industries are in their transition to become digital businesses? What are some of the benefits being realized by those that have delivered outcomes from digital transformation? If digital is a strategic priority, are …

16 Free and Open-Source Business Intelligence Tools

16 Free and Open-Source Business Intelligence Tools

Real-time analytics is becoming increasingly important as businesses are processing more and more information about their operations and customers. In just one example, Gartner projects that in three years, the average person will interact more with bots each day than they will with their romantic partners. But it is not enough to collect all of this information. Companies will need …

Unlocking the Value of a Chief Data Officer

Unlocking the Value of a Chief Data Officer

The Big Data era has understandably spawned a great deal of hype within and beyond the technology community. Technologists and C suite executives alike share a growing interest in the concept of a Chief Data Officer (CDO) to help organizations take full advantage of the benefits of Big Data. As I approach my third anniversary as Schwab’s Global Data Officer …

Popular Internet of Things Forecast of 50 Billion Devices by 2020 Is Outdated

Popular Internet of Things Forecast of 50 Billion Devices by 2020 Is Outdated

If you follow discussions about the Internet of Things, you’ve probably heard this stunning prediction at least once: The world will have 50 billion connected devices by 2020. Ericsson’s former CEO Hans Vestburg was among the first to state it in a 2010 presentation to shareholders. The following year, Dave Evans, who worked for Cisco at the time, published the same prediction in a …

Five Maturity Levels in Data-Driven Organizations

Five Maturity Levels in Data-Driven Organizations

Data is a critical competitive factor and is becoming more and more crucial for achieving success. In theory, hardly anyone disputes this to any extent. But in practice there are some very different levels of maturity when it comes to handling data. Based on practical experience gained in medium-sized companies in particular, I would like to try to describe five …

Towards a Data-driven Organization: A Roadmap for Analytics

Towards a Data-driven Organization: A Roadmap for Analytics

Building a Data-driven Organization requires identifying and prioritizing the opportunities where advanced analytics can make a material difference to the quality of decisions! I was one of those fortunate few to have an opportunity to work on both sides of the table, both as a provider of services and as a consumer of technology and business services.  A few years …

Where Is AI Headed in the Enterprise?

Where Is AI Headed in the Enterprise?

Software vendors including Google, Microsoft and Salesforce are incorporating artificial intelligence in their products. How will companies use it? Talk about artificial intelligence, and most people think about machines that can reason. In a business context that would mean clever AIs that could use their powerful intellects to become formidable business leaders that could outwit mere humans. But since the …

The Periodic Table of Data Science

The Periodic Table of Data Science

This periodic table can serve as a guide to navigate the key players in the data science space. The resources in the table were chosen by looking at surveys taken from data science users, such as the 2016 Data Science Salary Survey by O’Reilly, the 2017 Magic Quadrant for Data Science Platforms by Gartner, and the KD Nuggets 2016 Software Poll results, among …

The 42 V's of Big Data and Data Science

The 42 V’s of Big Data and Data Science

Understanding and effectively communicating a concept often requires first building a simple mental model. Consider, for example, how we teach the physical laws to students: it helps to walk with algebra before you can run with calculus. This kind of model trades correctness (shaving off “unnecessary” detail) for an increased ability to grasp the larger picture. In 2001, Gartner (perhaps) …