As opposed to big data, which focuses on analysis of large and varied types of content, the concept behind digital business is the convergence of historical, real-time and mobile proximity data that offer fleeting digital business moments that can be taken advantage of by a digital business. This
Two years ago, everything was big data—nothing else mattered. And big data was and today still is the foundation for a successful business analytics strategy. Without data, you have no analytics. But with big data, you have the potential for great analytics. Why? Because big data is all types of
I recently attended the Gartner Master Data Management conference in Europe. Andrew White, a senior Gartner analyst, shared a statistic during the opening keynote presentation that stuck with me—the statistic is this:
"Roughly 1 in 3 organizations will suffer an information crisis in the next 2
One of the first things that became obvious at this year’s Gartner BI & Analytics Summit in Las Vegas is the emphasis on big data and analytics, particularly the analytics side of it. Being at the center of the gambling universe, I’d be comfortable betting that anyone able to take the event’s
This is part five of our series on the findings and text from IBM Institute for Business Value’s latest study and paper: “Analytics: A blueprint for value - Converting big data and analytics insights into results."
The joy of having a car is in driving it. What happens if you put in the wrong fuel? Well, the car won’t move. This applies to business analytics as well. The business benefit of analytics lies in acting on the insights. What if the data that fuels analytics is not trust worthy or reliable? Either
In my first post I introduced the idea that most “big data” isn’t really big at all, and doesn’t conform to Gartner’s 3V’s. Instead, I've suggested that there’s benefit in focussing on “broad data”, or the use of many different sources of data to give us richer information. We put forward 4O’s of
“Big data” is an area of intense interest in the IT change field right now. CIO’s are being told that this is something they need to address, and lots of big data solutions are being bought and sold. Cynics may feel that there is a lot of hype around big data, but many people clearly believe
Putting a dollar value on data is a very tricky endeavor. Data is only as valuable as the business outcomes it makes possible, though the data itself is usually not the only factor responsible for those outcomes. Doug Laney of Gartner provides a good discussion here of the challenges in attaching a
In the first ever Gartner Magic Quadrant for Data Masking, IBM InfoSphere Optim Data Privacy Solution was named a leader, receiving the best ranking in the ability to execute and completeness of vision categories compared to competitors.