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Data Analytics: Most Businesses Still Aren’t Using Their Data Effectively
Using a five-level system to rank businesses in their capabilities related to data analytics, Gartner only ranks 9 percent of global companies as being in the top level, the transformational level. At that transformational level, Data Analytics becomes central to…
Compliance and Analytics: Businesses Need to Embrace and Support Analytics by Investing in Technology and Training
Even as businesses increasingly use data and analytics (D&A) within their organizations, a majority of executives at those same companies distrust the findings, according to a study by KPMG. 48 percent use D&A for finding new customers and 47 percent…
Smart Manufacturing: Optimizing Manufacturing Operations with Technology
Smart manufacturing. It’s the use of advanced data analysis and software algorithms to optimize the workings of manufacturing. The goal is to increase efficiency, eliminate waste, and be significantly more cost efficient. Smart manufacturing incorporates technologies like automation, robotics, sensors,…
Data Quality: Data Capture Complexity Stymies the Collection of Quality Data
How good is the quality of data used by enterprises today? Not great, but then data quality has been a long-standing problem across enterprises. The problem is that poor quality data can distort the results of data analytics and decision…
Big Data and Analytics: $187 billion market segment by 2019
Big Data and Business Analytics is an area expected to grow rapidly over the next five years, reaching a $187 billion market size by 2019, according to IDC. Revenue growth will come primarily from large companies with more than 500…