- By Randy Bean When it comes to making actionable use of data, there is no single playbook or set of common practices that apply universally to all businesses, CIO Journal Columnist Randy Bean says. “Organizations would be well served to break from accepted dogma and apply fresh thinking as they consider how best to […]
Do you struggle with coming up with good Leap-of-Faith Assumptions (LOFAs) when applying FastWorks? That is, do you have a hard time articulating the testable hypothesis (a statement proposing some relationship between two or more variables that can be tested) ? The best article I’ve seen on the topic really helped me some time back. […]
More and more often the terms data virtualization, data federation, and data integration are used. Unfortunately, these terms have never been defined properly.Let’s see if, together, we can come up with generally accepted definitions. Data Virtualization Data virtualization is the process of offering data consumers a data access interface that hides the technical aspects of […]
Pivotal announced today that it was moving three core pieces of its Big Data Suite to open source, while continuing to offer advanced features and support in a commercial version. The three components moving to open source are GemFire, the platform’s in-Memory NoSQL Database, the enterprise SQL on Hadoop component, HAWQ and the suite’s massively […]
Everyday day around 2.5 Quintillion (10 followed by 18 Zeros) bytes of data is created, and most of the data has been created in the past 2 years!!!!. Most of the data available today is unstructured providing real time useful information. Thus Big data can be defined as any data having 3V (Volume, Variety & […]
All, in today’s TDWI Webinar, Claudia Imhoff gave a talk on the five hot BI trends impacting Data Management. They are Big Data Analytics, Advanced Analytics, Self-service BI, BI Mobile Device and Cloud-based BI Solutions. A few take-away about Big Data Analytics are: Definition of this trend: Data sets with sizes beyond ability of commonly-used […]
This Forbes article includes some great examples of business models evolving to make money and improve our lives through mining and sharing data. The businesses are not making money immediately but are investing in data capture, analytics and partnerships to start capitalizing on their data for long term revenue. Key points in the article: – […]
We know we have data which we can leverage as an asset. We also can derive great insights or predictions for our customers. In this article it describes what start-ups are doing to build a winning BI business model in this middle market. I like the intercept/middleware model mentioned near the end of the article. […]
The Gartner report was released a few months ago. I was looking for an objective review of their quadrant and who was gaining ground and who was losing ground. I found this excellent summary with insightful commentary. Link Gainers: Tableau, Qlik and Spotfire. Losers: Microsoft, MicroStrategy, SAP and Oracle. We don’t need more tools right now […]
It’s a cliché to say that the world is more uncertain than ever before, but few realize just how much uncertainty has increased over the past 50 years. To illustrate this, consider that patent applications in the U.S. have increased by 6x (from 100k to 600k annually) and, worldwide, start-ups have increased from 10 million […]