Industry-changing dynamics like mobility, smart products, social media and embedded computing put a premium on big data and the insights you can gain from organizational data. As a result, the opportunity to be disruptive with analytics has never been greater. Yet, when it comes to making analytics work, not all organizations
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Would you like to know how some of the largest and most successful organizations are getting value from their big data? Tune in to AllAnalytics.com today at 2 p.m. ET (US) to find out. In their recently published research report, Big Data in Big Companies, renowned analytics thought-leader Tom Davenport
We know that it is a struggle to gain insight from massive amounts of data. Businesses need the value that analytics provide and want to include analytics in day-to-day decision making in order to gain insights and improve business performance. Data visualization and reporting are like the “easy button” for businesses
We’ve all seen those climactic movie scenes, where the hero of the story figures out how to “save the day” with only minutes to spare. Imagine a rogue CIA operative dashing into a situation room with the last-ditch information that averts nuclear war – and, as always, succeeding. Nothing says
In the first two posts in this series, Seeing the Light: How SMBs are Using Data and Insights to Get Ahead, I shared the motivations that prompted three SMBs to replace spreadsheets and intuition with a more sophisticated, analytics-driven approach to run their businesses. In the second, I discussed the
I’ve got a book recommendation for you – it came recommended to me and did not disappoint. “Thinking, Fast and Slow”, by Nobel Prize winning economist Daniel Kahneman. Kahneman is actually a psychologist (Professor emeritus at Princeton Univ), and his Nobel Prize winning work on decision theory will also remind
If, like me, you have children who are old enough to vote, you may have noticed what I have noticed. They’re different. They seem permanently connected to their friends via social media, rarely watch the news or read a paper, and they have many transient interests that seem to follow
The path to innovation isn’t canned. It’s not formulaic. It involves taking calculated risks and (as much as I hate this cliché) out-of-the-box thinking. It involves creativity and the eagerness to explore ideas. Notice I didn’t say new ideas. Sometimes innovation is more about re-purposing or reworking old ideas into
Engineers who implement process control can use analytics to think outside the of box. Better yet, they can use analytics to help solve the issues and risks associated with being inside the box or outside the box in the first place. Read on to learn what box I'm referring to
In the first post in this series, Seeing the Light: How SMBs are Using Data and Insights to Get Ahead, I shared the motivations that prompted three SMBs (BGF Industries, Oberweis Dairy and Twiddy & Company) to replace spreadsheets and intuition with a more sophisticated, analytics-driven approach. But what factors