The latest executive report published by IBM Institute for Business Value puts the estimated cost of cyber crime to the global economy in a range of USD 375–575 billion per year. Reputational damage, which is hard to calculate, comes on top of all this. No industry and geography has remained
No matter what site you search, it’s pretty clear that self service data is a top trend in the data market today. The knowledge and insight that we can obtain from data is truly a secret weapon. But the challenge is making the data available while keeping it trusted and governed.
This is the first in a sequence of blogs that looks at how Planning Analytics and Decision Optimization can help organizations go from a plan to the right plan by leveraging optimization throughout the planning process.
Line-of-business (LoB) stakeholders want to know that their analytics investment will help them make better, faster, and smarter decisions, with measurable business results. But for many, measuring success from applying Machine Learning and Decision Optimization is not obvious. Learn the top 3
Context-aware stream computing helps you become more responsive to emerging opportunities. By using innovative technologies to understand the context of data and analyze data in real time, you can put data to work.
The Academy Awards provided a great example of the challenges of data integration. The business output of the data integration processes in the award ceremony is the announcement of a winner in a specific category.
Building a data lake is one of the stepping stones towards data monetization use cases and many other advance revenue generating and competitive edge use cases. What are the building blocks of a “cognitive trusted data lake” enabled by machine learning and data science?
Data is often the catalyst that drives business direction and growth. However, if data is cryptic and not understood, then how can such data contribute to such direction or growth? Just like in life, we learn from our past, as we gain direction and insight from previous events or activities to make
Quite often, we see that the need for data security and governance makes some organizations hesitant about migrating to the cloud. This is perfectly understandable given the types of data gathered and used by businesses today, the regulations they must adhere to on both a local and global level,
There is a growing need for versatile, hybrid architectures that can combine the best of both data warehousing and big data analytics. The cloud is the perfect solution, because it makes it easier to build a robust data warehouse as a central “hub”, and then add other environments that can be
Prescriptive analytics (optimization) is a sophisticated analytics technology. It can deliver great business value by helping decision makers handle the tough trade-offs that arise when limited resources force choices among options. Optimization was traditionally applied by Operations Research
The need for information is paramount to our need to excel and succeed. Businesses rely on information for strategic planning and driving growth. Individuals rely on information to make decisions and gain understanding of things. All information is driven by knowledge, and for knowledge to be an