IntelTrax Top Stories August 17 to August 23
August 27, 2012
This week the IntelTrax advanced intelligence blog published some innovative articles regarding the state of analytics solutions and the various industries that they are permeating.
“Analytics Providers on Roll with Online Marketing” discusses how data analytics is slowly but surely breaking into the online marketing industry through partnerships that offer customers online marketing analytics.
“The platform includes a daily website audit, competitive position and gap analysis, website analysis, keyword analysis, link analysis, conversion analysis, benchmark tracking and ROI tracking, and project management. The software tracks Key Performance Indicators that go far beyond search engine rankings. It measures brand engagement, pages bringing traffic, page view per visit, new visits, time on site, bounce rate, goal conversions, ecommerce transactions and revenue and lead generation.”
Another industry that is starting to rely as heavily on data mining as rock mining is the field of geology. “Big Data Teams with Geologists to Mine the Earth” discusses how there is a new tool that speeds up the process of data mining and exploration for geologists.
The article details:
“GDD’s Field Data Integrator combines best-of-breed technologies for collecting, managing and analyzing data more rapidly. The end-to-end solution enables geologists to collect samples in shorter time frames, and then quickly analyze large volumes sample data for complex scenarios such as such as project timings, cash flows and profitability with greater sensitivity levels….GDD’s Field Data Integrator automatically synchronizes sample data from various field instruments, GPS, and cameras onto a ‘tough’ tablet using Bluetooth. Geologists enter notes directly onto the tablet using on-screen or wireless keyboards, enabling all data on samples to be collected automatically into a single source. The tablet then automatically synchronizes with a master database running Vectorwise whenever in mobile range, saving geologists time in manual data entry.”
The Financial industry is also being highly impacted by data analytics, according to “Cloud Makes Financial Analysis Easier.” The post discusses a new cloud based data visualization system called Adaptive Discovery. Adaptive Planning, the creator of the new product, claims that it has an intuitive visual interface that will appeal to business managers, allowing them to more easily access, analyze, and explore key financial and operational data.
The article states:
“Adaptive Discovery, the visual discovery application within the Adaptive Planning suite of performance management solutions, allows companies of all sizes to quickly and easily understand and take action upon their companywide data. Business users can easily compile, display and explore data from multiple systems and lines of business with highly visual, interactive dashboards and scorecards. The application presents data in ways that managers can easily grasp, so they are able to make better day-to-day decisions. Adaptive Discovery delivers an exciting new level of capability and interactivity that is far superior to both static data in spreadsheets and the limited reporting options available in existing enterprise applications.”
While Adaptive Discovery is one solution that improves data mining, there are also other affordable data analytics solutions on the market. Digital Reasoning has a long standing reputation of bringing data analytics to a variety of industries, including the financial world.
Jasmine Ashton, August 27, 2012