In today's competitive marketplace, executive leaders are racing to convert enterprise insights into meaningful results. Successful leaders are infusing analytics throughout their enterprises to drive smarter decisions, enable faster actions and optimize outcomes. In this exciting new piece of research, the IBM Institute for Business Value surveyed 900 business and IT executives from 70 countries. Through our research, we identified nine levers that together enable organizations to create value from an ever-growing volume of data from a variety of sources – value that results from insights derived and actions taken at every level of the organization.
Big Data Education
To help enterprises create trusted insight as the volume, velocity and variety of data continue to explode, IBM offers several solutions designed to help organizations uncover previously unavailable insights and use them to support and inform decisions across the business. Combining the power of IBM® InfoSphere® Master Data Management (MDM) with the IBM big data portfolio creates a valuable connection: big data technology can supply insights to MDM, and MDM can supply master data definitions to big data.
With 2.5 quintillion bytes of data created every day, organizations cannot wait to establish business-driven protection policies for keeping data safe. The rising volume of data and the growing number of analytics systems storing sensitive data exponentially increases the risk of breaches. IBM® InfoSphere® has evolved information integration and governance to help organizations create and enforce real-time data security and privacy policies to keep customer, business, personally identifiable information and other types of sensitive data safe.
More data, more problems? Not if you have an agile, automated information integration and governance program in place. Automating information integration and governance and employing it at the point of data creation helps organizations boost confidence in their big data. A solid information integration and governance program should include automated discovery, profiling and understanding of diverse datasets to provide context and enable employees to make informed decisions. IBM® InfoSphere® is designed to do all of these things by evolving information integration and governance to meet the challenges presented by big data.
How data lifecycle management complements a big data strategy
Information integration and governance solutions must become a natural part of big data projects. As the foundation of the IBM big data platform, IBM® InfoSphere® Optim™ provides market-leading functionality across all the capabilities of information integration and governance, including a comprehensive range of capabilities enabling companies to properly manage big data and implement best practices for enterprise-scale data lifecycle management.
Today, two major factors are poised to change the insurance industry in a way it hasn’t seen in more than 50 years—emerging capabilities enabled by cognitive computing and big data, and an empowered consumer. We are starting to get a glimpse of the possibilities these trends hold, as well as the challenges they represent. To understand their full impact on the future of the insurance industry, we need to look at the past to understand how paradigm shifts in the insurance industry follow paradigm shifts in the underlying computing technology. If history is any indication, these technologies will usher in a new paradigm for the insurance industry.
Harness the Power of Big Data is the latest book by several authors of Understanding Big Data, the hugely popular book that debuted in 2011. Big data represents a new era of computing – an inflection point of opportunity where data in any format may be explored and utilized for breakthrough insights - whether that data is in-place, in-motion, or at-rest.
Harness the Power of Big Data includes a chapter titled "If Data Is the New Oil—You Need Data Exploration and Discovery." This chapter covers many of the key benefits of IBM InfoSphere Data Explorer, a new product in the IBM big data portfolio that enables users to access all of the data that they need in a single integrated view, regardless of its format, how it’s managed, or where it’s stored. Being able to retrieve data from all available repositories in an organization is a key part of doing analysis involving Big Data, especially for exploratory analysis.
Authors: Paul Zikopoulos, Dirk Deroos, Krishnan Parasuraman, Thomas Deutsch, David Corrigan, James Giles
Big data environments create significant opportunities along with security challenges. There are risks and threats to the repositories containing data, much of which is financial, personal, intellectual property or sensitive data and subject to compliance regulations. Learn tips on how to secure big data environments.
IBM InfoSphere Optim is a leader in Gartner Inc's Magic Quadrant for Data Masking Technology. InfoSphere Optim received the best ranking in the ability to execute and completeness of vision categories compared to competitors. Gartner reports that data masking should be mandatory for enterprises using copies of sensitive production data for application development, analytics or training.