One of the key best practices for successful implementation of a big data analytics solution is to validate the business use case for big data. It will help organization with two important aspects for success:
1. Keeping the scope limited
2. Helping to measure the success of a solution that
Part 2 in a 3-part series: Big Data and Next Generation Banking – Leveraging information and mobile to drive revenue and expand the customer value proposition
In the first part of this series authored by Marc Andrews, we discussed some of the challenges that are causing banks to adapt their
To better serve their customers, banks strive to understand the best way to anticipate their needs. A quick response to an emerging need can add short-term value to a new customer relationship or enhance a long-term one. By successfully harnessing big data, banks can capture large volumes of data
As the financial crisis continues, banks are adapting their business models to the “new normal.” But the path to get there will not be through traditional products and services. Banks must develop new, innovative products and services that add value to their customers in new and different ways.
This week we’re in New York City for IBM’s Smarter Analytics Leadership Summit where we are gathering with industry leaders to share insights on how they are working with IBM to leverage the explosion in big data and power intelligence to drive transformation in their organizations.
Nowhere is this
Annual predictions are like relatives at a cocktail party: once you introduce them, you never know if they’ll flatter or embarrass you. But that doesn’t stop thought leaders, analysts and other subject matter experts from laying their reputations on the line every year for our education. Here is a
It’s difficult to read a banking technology article or go to a conference without hearing about big data. Most of us now believe that big data is more than just hype, that it can offer business benefits to those that can leverage big data into new business capabilities. But a common question I hear
NYSE Euronext, a leading global operator of financial markets and a provider of innovative trading technologies, operates exchanges in the United States and Europe. NYSE Euronext equities marketplaces represent one-third of equities trading worldwide. Being a global trading and technology provider
As promised, we’re going to revisit a topic I introduced awhile ago in "Why Static Stinks". Based on what I’m seeing recently, static still stinks, so now is a good time to resurface our discussion. Collectively, we’re just not moving fast enough to fix the glaring issues that static–otherwise
Imagine if Netflix never updated your movie preferences, or even worse, never asked what you liked in the first place. Imagine if your spam folder never adapted to the changing inbound spam. Or finally, imagine that your Internet radio station presented a fixed playlist that didn’t bother to ask
When I hear the term inventory management industries that first spring to mind are manufacturing and retail, so I listened closely when I heard a specialist from our financial services team using the term. Banks and other finance companies must exercise tight control of their computing assets to