Posts Tagged Business Analytics

Big Data Changing the Business Frontier

Posted by Wikibon in Big Data on April 4, 2012

Imagine being able to predict the future. To foresee market trends. To identify the wants and needs of people before their cravings hit. What if a company could explain correlations between business actions and unrelated spikes to sales in different sectors? One could confidently predetermine a path to success by providing answers to questions that haven’t arisen yet. What if the information to determine these predictions was already available and being constantly updated? If one could harness that information, asking new and innovative questions of it, do you think the world would change? Count on it. The watchword is Big Data, and it has the power to revolutionize the way we think about using information.

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Big Data, Big Data Analytics, Business Analytics, Business Frontier, Business Intelligence, Data analytics, facebook, Hadoop, Predictions, Social Media

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The Biggest Big Data Stories of 2011

Posted by Jeff Kelly in Big Data, Wikibon on December 20, 2011

At the start of 2011, there was only one commercial Hadoop distribution vendor on the market, virtually no Big Data application vendors with products ready for primetime, and Data Scientists were considered little more than propeller-heads working on some wacky experiments.

Well, a lot can happen in a year. As of December 2011, there are three viable commercial Hadoop distribution vendors doing battle for market supremacy, a slew of start-ups as well as stalwart software vendors getting into the Big Data application game, and Data Scientists are the new rock stars of the IT world.

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Big Data, Big Data Analytics, Business Analytics, Hadoop

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A Big Data Manifesto from the Wikibon Community

Posted by Jeff Kelly in Big Data, ServicesAngle, Wikibon on October 27, 2011

Providing effective business analytics tools and technologies to the enterprise is a top priority of CIOs and for good reason. Effective business analytics – from basic reporting to advanced data mining and predictive analytics — allows data analysts and business users alike to extract insights from corporate data that, when translated into action, deliver higher levels of efficiency and profitability to the enterprise.