Big Data Analytics Trends: SAS CEO Jim Goodnight - Software - Business Intelligence. Fresh IDC figures show that the analytics market is booming, but what's behind the demand and how does it relate to big data? SAS co-founder Goodnight offers his take in this video interview. Global business analytics software market grew 14.1% in 2011, and it's expected to keep growing nearly 10% per year through 2016. The figures, released Wednesday by International Data Corp. (IDC), are at odds with research that shows that overall IT spending is up just 3% over the last year. Why are companies spending more on analytics despite cutbacks elsewhere? Analyst Dan Vesset, author of IDC's "Worldwide Business Analytics Software" report, credits "attention-grabbing headlines" about big data, rather than the data stockpiles themselves, with helping to put business analytics on the agenda of senior executives.
That's vintage Goodnight plainspoken skepticism, which he shared in spades in this in-depth interview published earlier this year. . [ Want more plain talk about analytics? More Insights. Numenta. Tibco adds Hadoop support to Spotfire analytics tool. IDG News Service - Tibco has brought its Spotfire in-memory analytics software into the burgeoning ecosystem around Hadoop, an open-source framework for processing large sets of information, the company announced Tuesday. Spotfire 4.5 will become generally available this month and features a data service connector to Hadoop, which is known for its ability to handle unstructured data such as weblogs, sensor information and text.
The connector will allow users to combine and analyze information from Hadoop clusters along with structured data from business applications such as an SAP or Oracle ERP (enterprise resource planning) system. The release also features new, SQL-based integrations with Hewlett-Packard's Vertica analytic database as well as SAP's Sybase IQ database. Both of those products employ columnar storage, an architecture that provides improved performance for data warehousing and BI (business intelligence) applications.
Reprinted with permission from IDG.net. Google Now Offers a Monthly Account Activity Report. Google just launched a new opt-in feature called Account Activity, which sends users a detailed monthly report full of analytics about their signed-in use of Google. The user receives a Web link to a password-protected report. The report displays data like sign-in locations, browsers, platforms, changes to sign-in credentials, connected sites and apps. It also provides some personal analytics, on places one has been (for Google Latitude users), number of emails sent and received, and the volume of searches. The Account Activity report can provide information as simple as, "I sent 5% more email this month than last month and received 8% more.
" But if you check in with Google Latitude, it can also provide instructive pie charts like "How you spent your time per week: 50% at home, 35% at work, 15% out. " Google's business is built on collecting data about its users, and most of its recent headlines about the practice have been unfavorable. This is the flip-side of that issue. Companies get SaaS-y with business intelligence — Cloud Computing News.
Data doesn’t speak, it responds | Aryng. Data doesn’t speak, it responds. A journey of 1000 miles starts with a single step. The journey from data to decisions is sometimes a long one, funny thing is, it does not start from data… it starts way before, it starts from understanding what you may want from the data; what it is that you want to drive from the data. Often people think data speaks, it may, more often than not, it doesn’t. Data responds. It responds to questions. Questions we ask which are relevant for us to drive our business. Questions we have arrived based on our strategic priorities and goals. What are the attributes of the real business question?
Is the answer to the question, actionable? So before you start torturing the data to speak, identify the real “Business Question” to ask the data. How BI and Data Analytics Gurus Used Twitter – PAWCon Edition. Getting Started with Workforce Analytics. Posted February 17, 2012 By Ann AllFeedback Carl C. Hoffmann, one of three authors of “Calculating Success: How the New Workplace Analytics Will Revitalize Your Organization,” discusses using workforce analytics to promote knowledge sharing and also shares six key steps for introducing workforce analytics to an organization.
In part one of Enterprise Apps Today’s two-part interview with Dr. Carl C. In part two, he discusses using workforce analytics to promote knowledge sharing and also share his six key steps for introducing workforce analytics to an organization. You can read an excerpt from Calculating Success on sister site IT Business Edge. EAT: Your book includes examples of how workforce analytics can be used to improve recruitment and retention but also how it can be used to boost innovation by promoting collaboration and knowledge sharing.
Hoffmann: In many respects the book is all about innovation. There are four important components to capturing this innovation: Why Analytics Is So Important Today and the Eleven Trends Impacting It. Outsourcing providers have been offering their clients analytics services for at least 15 years. “But today the interest in analytics is completely unprecedented,” reports Pankaj Kulshreshtha, senior vice president, analytics and research at Genpact. Earlier, clients only considered a few specialized functions were appropriate for the ‘quants’; today it’s all functions, he notes. “Procurement, marketing and financial people– all want to talk about analytics and how it can improve the performance of their functions.
The time of the geek has come,” quips the Genpact executive. Why now? N M Sarma, head, knowledge services, Tata Consultancy Services (TCS) says the global economic environment is changing the way corporations conduct business. “In this volatile market, enterprises demand real-time responses, not just causal analysis,” Sarma explains. Corporations have had access to data for as long as there has been data. However, today, “the volume of data is exploding. Analytic trends 1. 2.