Call of the Creatives
Tech expertise is not the only skill needed to be a data scientist For decades, amateur students of psychology have riffed on the so-called split brain hypothesis, which posits that creativity is housed in the right brain, while the left brain is responsible for analytic functioning. The fact that I’m…
PowerPoint on Steroids
How Advanced Data Visualization is Unlocking the Doors to Big Data For C-suiters – many of whom are accustomed to getting their data on nothing more sophisticated than an Excel spreadsheet – the rise of large-scale analytics has been attended by the added challenge of making sense of all the new…
Next Generation Analytics, Social Tools Give CPOs a Leg Up
A study of procurement practices on three continents reveals that companies that leverage analytics and social collaboration tools to manage their supplier networks are more efficient and profitable, with high performers averaging 15% greater profit margins than less technologically nubile firms. The survey of more than 1,100 chief procurement officers…
Data is the Fuel that Powers Business Intelligence
Why Quality Data Collection is Vital to BI Performance This weekend my wife and I hosted Mike and Donna, friends of ours from New England, at our house in Philadelphia. In between bouts of cooking, wine drinking and the requisite tours of the city’s historic and cultural sites, Mike and…
3 Steps Businesses Can Take to Guard Against Data Breaches
This week, as policy makers, security specialists, law enforcement officials and academics are gathered in Washington, D.C. for the three-day Reuters Summit on Cybersecurity, investigators in more than a dozen countries are still trying to piece together what officials are calling the biggest bank heist in history. As was reported last…
How Thinking Small Can Make Big Data Better
Enterprises need no introduction these days to Big Data, the emerging field of information analytics that helps companies translate the motivations and behaviors of large numbers of consumers into actionable intelligence. But before you run out and invest in a multi-petabyte server rack and a Ph.D-level statistician to run correlations, spend…