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All Blog Posts Tagged 'Business' (98)

Are Successful Data Scientists Hired or Trained?

The data science valley of despair is real. Time after time, leaders who’re well-versed in case studies and industry research extolling the returns of data-driven insights seek to innovate their business—and land in a hole of frustration and write-offs. It may be more accurate to call it a crater of despair given that Gartner predicts 85% of data science projects will fail (2018). What do the 15% of successful data science projects have in common? A…

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Added by ODSC on July 25, 2019 at 10:00am — 1 Comment

Four Powerful People Skills For Data Scientists

Let me start off with a few common assumptions about the subject of this write up "Four Powerful People Skills For Data Scientists", and my take on each of them based on my experience and observations.

1. Common Assumption: People skills are just "fluffy" soft skills

Soft skills are often referred to as "the fluffy stuff". People skills in particular, top the list of fluffiness, in many people's…

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Added by Rafael Knuth on June 26, 2019 at 4:30am — No Comments

13 Applied Artificial Intelligence & Internet of Things Industrial Use Cases in Retail Industry

"We used computer vision, deep learning algorithms and sensor fusion, much like you’d find in self-driving cars. We call it -Just Walk Out’ technology"

-Amazon

Much to the surprise of everyone in the retail industry, Amazon launched a new format of stores called "Amazon Go." The most interesting feature of these stores is that shoppers will not have to check out at a counter with a clerk or even with an automated kiosk. Shoppers simply have to swipe into the store with an app,…

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Added by Mahesh Kumar CV on May 4, 2019 at 9:00am — No Comments

How Single Sign-On Helps to Control the Flow of Information

Companies are ramping up their adopting of cloud-based Software-as-a-Service applications. Public cloud spending is expected to reach over $206 billion in 2019.…

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Added by Evan Morris on March 4, 2019 at 9:00pm — No Comments

5 Risks must be addressed by businesses and governements (AI can be magic wand for such cases of risk)

Players in ecommerce, entertainment, finance, Internet and social media space drive and influence risk indicators for not just for themselves but for users of Internet and increasingly to larger society as side effects spread to social, political and economic scenarios. Any risks from above domains are dominant and may easily be extrapolated in domains too.

There are five risks that may influence society negatively and turn in to resistance force for adoption of digital…

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Added by Chandra Shekhar on January 1, 2019 at 11:00pm — No Comments

Why Every CEO Needs a Chief Analytics Officer

Two former CAOs Make a Compelling Case for the CAO to Report to the CEO to build out an AI and Data Science Accountability COE.

Anthony Branda, MBA, Ph.D.,  Kevin Kramer, Ph.D.

  • Company CEOs today are being bombarded by C-suite executives with urgent requests for significant funding for Data Science and anything that can be labeled Artificial Intelligence (AI):
  • The CMO wants better segmentation, dynamic predictive scoring…
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Added by Kevin Kramer on November 19, 2018 at 10:30am — 2 Comments

Top 25 Mistakes Corporates Make in their Advanced Analytics Program

Raise your hand if your company is making more than 15!

Strategy:

1. Day-dreaming that analytics is a plug & play magic wand that will bring very short term ROI. Well executed basic excel models might have brought quick wins in the…

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Added by Pedro URIA RECIO on October 27, 2018 at 8:01pm — No Comments

Business Analysis (BA) Career Path

More organizations are adopting data-driven and technology-focused approaches to business and hence the need for analytics expertise continues to grow. As a result, career opportunities in analytics are around every corner. Due to this identifying analytics talent has become a priority for companies in nearly every industry, from healthcare, finance, and telecommunications to retail, energy, and sports.

In this blog, we will be talking about different career paths and option in the…

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Added by Divya Singh on October 17, 2018 at 6:30am — No Comments

BI strategy beyond Excel

(This post originally appeared here

In a…

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Added by Matthew Gierc on August 4, 2018 at 10:30am — No Comments

Steps required before adopting AI & Cognitive Computing platform

Enterprises are learning fast about the relevance and use of AI and Cognitive Computing platforms. Before adopting AI and Cognitive Computing platforms, enterprises must focus on designing the right strategy for their business. A data-driven strategy is very important to derive the maximum benefit from the platform that will help to interpret data and provide accurate…

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Added by Dileep Srinivasan on May 2, 2018 at 5:30pm — 1 Comment

IoT and 5G New Technologies Create New Opportunities

The world is adapting and shaping around IoT technologies. In combination with 5G network connectivity, companies are preparing themselves for this constant shift to the progression of these technologies.

Network operators, telcos, and IoT companies are coming together to promote an ecosystem where customers can have great…

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Added by Ronald van Loon on January 30, 2018 at 7:29pm — No Comments

What's Hot In Business Intelligence These Days?

Today’s world is all about “Innovate or perish” and the same is applicable across industries, including IT sector. It is constantly changing everything we see and function through its innovations affecting almost every corner of our lifestyles. Rich or poor, technology plays a vital role in many aspects. Now whether you are a budding startup or a well-established enterprise, data is something that has been and will always be an invaluable aspect of all companies across the globe. Due to…

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Added by Nishtha Singh on December 27, 2017 at 3:30am — No Comments

Using Data Analytics to Prevent, Not Just Report

I recently had another client conversation about optimizing their data warehouse and Business Intelligence (BI) environment. The client had lots of pride in their existing data warehouse and business intelligence accomplishments, and rightfully so. The heart of the conversation was about taking costs out of their reporting environments by consolidating runaway data marts and “spreadmarts,” and improving business analyst BI…

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Added by Bill Schmarzo on November 18, 2017 at 7:00am — No Comments

The 3 Phases of Digital Transformation

The research firm Technology Business Research (TBR) recently came out with a report titled, “Winning The Business Of Digital Transformation Services Requires A Process-Led Approach” authored by Sebastian Lagana and Jennifer Hamel. The report is full of good nuggets, but I especially liked the way that they categorized the 3 phases of Digital Transformation:

  • Substitution represents basic IT modernization; such as leveraging new…
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Added by Bill Schmarzo on November 12, 2017 at 5:00am — No Comments

Artificial Intelligence, Globalization and International Basketball

A strong declaration from a historically antagonist foe should put chills in the hearts of Americans preparing themselves for the world ahead: Russian President Vladimir Putin says the nation that leads in AI will be the ruler of the world  … The ruler of the world!

From the article (with some modification to avoid political landmines), we get the following:

“The development of artificial intelligence has increasingly become a national security…

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Added by Bill Schmarzo on November 4, 2017 at 6:00am — No Comments

3 Theorems on the Economic Value of Data

Since releasing the University of San Francisco research paper on “How to Determine the Economic Value of Your Data” (EvD), I have had numerous conversations with senior executives about the business and technology ramifications of EvD. Now with the release of Doug Laney’s “Infonomics” book that builds upon Doug’s EvD work at Gartner, I expect these conversations to intensify. In fact, I just traveled to Switzerland to discuss the potential business and technology…

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Added by Bill Schmarzo on November 1, 2017 at 11:00am — 4 Comments

Data Warehouse and Data Lake Analytics Collaboration

This blog was written with the thoughtful assistance of David Leibowitz, Dell EMC Director of Business Intelligence, Analytics & Big Data

So data warehousing may not be cool anymore, you say? It’s yesterday’s technology (or 1990’s technology if you’re as old as me) that served yesterday’s business needs. And while it’s true that recent big data and data science technologies, architectures and methodologies seems…

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Added by Bill Schmarzo on October 29, 2017 at 4:30am — 10 Comments

Public Data Analytics Companies - who's winning (and not)?

A long, long time ago (maybe 10 years) the data analytics industry was fairly easy to define and track. Back in that pre-historic era SAS was considered the gold standard of analytics companies with a comprehensive range of solutions addressing the demands of many industries.  Given the relative paucity of data, analytics tended to focus on those industries that generated usable data.  Companies that were part of the analytics universe back then would have included:

  • risk…
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Added by Gregory Thompson on August 8, 2017 at 12:30pm — No Comments

Business Analytics in the Cloud: Is Sky the Limit?

Every organization embraces analytics to gather, analyze and interpret data to make strategic business decisions at some point in time. As technology evolves and the amount of data grows exponentially, the need to leverage scalable, cost-effective infrastructure is becoming imperative. With the growing adoption of big data and cloud computing, the use of…

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Added by Ashish Sukhadeve on August 6, 2017 at 7:30am — No Comments

Self-Service Data Analytics for Smaller Companies (SME’s)

Let’s start with the bottom line - there is no excuse for virtually any company today, regardless of size or manpower (and within reason), not to be making data analyics a part of their normal business routines. Traditional objections such as cost, resources and expertise no longer cut the mustard.  As many observers have noted, a company’s internally generated data is a key asset that needs to be leveraged in the same way as any other corporate asset if the…

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Added by Gregory Thompson on July 30, 2017 at 4:30pm — No Comments

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