Friday, October 30, 2015

The Case for Real Time Data Analytics

Companies often approach the analysis of data, particularly big data, as a historical event. In other words the data is gathered and stored for future analysis. This, however, may not be the best way to gain the most benefit from that data.

Real time data analytics is founded on the recognition that data is created every day through transactions with customers and others. This data can be useful in offering better service to customers. The earlier it is put to use, the better it is likely to be.

CRM systems are founded on this principle. However, two problems often arise. The data is not analyzed on a timely basis. Also, a CRM system does not always pick up all the relevant data. And CRM systems often do not embrace complete data analysis.

Analysis of the data in real time means that service can be improved right away, if not for the immediate transaction being conducted, but at least for all future transactions. It is useful to think of data analytics in terms of real time analysis, at lest for those data items that offer the most potential for business improvement.  For more details on this subject, click this link.

Wednesday, October 28, 2015

Tablets are still the Future

The use of mobile devices for internet applications has been increasing drastically. At the same time, Enterprises' interest in tablets has waned from the early days of their introduction, largely because of their lack of compatibility with enterprise systems.

This is all changing and will change considerably over coming months and years. The reason is that tablets are very good for mobile workers, which represents a large segment of the workforce, and are extremely good for internet applications. Moreover, they are destined to be compatible with enterprise systems as developers and others work towards that goal.

Data and in particular big data is a major element of future business strategy and the applications for analyzing big data must be on the internet because no enterprise systems will do an adequate job. Therefore mobile devices will be used more and more for analyzing big data.

That is a major shift in their importance. The real power will reside on the internet and the tablets (and phones for that matter) will be able to access and leverage that power. This will have a big impact on the way people work and the way enterprises use data.

For an article on tablet sales recently, click this link.

Tuesday, October 27, 2015

Major Survey shows Big Data Gaining in Importance

A recent survey by Unisys Federal shows the increasing importance of big data in both government and business. The survey showed that 46% of government respondents planned to hire outside consultants to help with big data projects. It also showed that many companies are becoming more cognizant of the value of big data analysis for their own business strategic purposes. There is increased recognition that big data is an important component of business strategy.

A significant problem both government and business face is that they do not have the infrastructure to support big data analysis. However, there are cloud-based tools that can do the job and this is where most companies and governments need to go. Big data will lead to a considerable increase in cloud activity over the next few years. For a good summary of the survey findings, click here.