Inteltrax: Top Stories, January 9 to January 14
January 16, 2012
Inteltrax, the data fusion and business intelligence information service, captured three key stories germane to search this week, specifically, the fluctuating relationship between economics and big data analytics.
Starting off was our story, “Financial Analytics Will Be Big Competition in New Year” which predicts 2012 will be the year that the financial industry straightens itself out via analytics. We can only hope we’re right.
The curious case of “As Italian Economy Flounders Analytics Flourishes” shows how some Italian big data firms are finding a lot of business while its government and economy collapse around it.
In America, we spotted a trend in “Data Scientist Jobs on the Rise” that shows while a lot of industries aren’t hiring, big data is opening its doors to more and more workers.
Economics is a growing, mutating beast, that’s no news. But the impact analytics is having across the globe on the bottom line is helping tame that beast in unsuspecting ways. Keep tuned in to discover all the ways we see these amazing connections happening.
Follow the Inteltrax news stream by visiting www.inteltrax.com
Patrick Roland, Editor, Inteltrax.
January 16, 2012
Digimind Offers Resolutions for Intelligence Managers
January 14, 2012
In honor of the new year, competitive intelligence software developer Digimind shared five tips on how to better manage your intelligence processes in the article “Top 5 New Years Resolutions for Competitive Intelligence Managers.”
According to the write-up, effective managers should focus on: developing a social media strategy, making better use of intelligence data, establishing early warning systems, managing reports, and emphasizing collaboration.
When discussing social media monitoring, the article states:
Adopting a social media engagement strategy should be a key cornerstone of your intelligence activities in 2012. Conversations which impact your corporate reputation and influential chatter about your brand or products are taking place on Twitter, Facebook and LinkedIn. If you’re not paying attention you are missing a huge chunk of intelligence.
We think it is a good idea to understand the characteristics and freshness of the underlying data. Visualization, however, is not as important as having the right information needed to answer real life questions.
Jasmine Ashton, January 14, 2012
Sponsored by Pandia.com
Inteltrax: Top Stories, January 2 to January 6
January 9, 2012
Inteltrax, the data fusion and business intelligence information service, captured three key stories germane to search this week, specifically, the way many industries are rightfully and wrongfully utilizing analytics.
One of the best stories about traditional industries embracing big data was our story, “Police and Intelligence Communities Share Analytics Needs” which showed how law enforcement and data mining are a match made in heaven.
Slightly further down the scale was our look, “Auto Industry Needs Analytics to Survive,” which showed some small successes in the car industry with analytics and encouraged a wider adoption of practices.
And something completely different came from our article, “Online Reputation Analytics a Mixed Bag,” which chronicled the companies that use analytics to gauge a person’s online reputation and fix it. Our opinion is not so high, however.
This is one of the most exciting aspects of big data analytics. It’s fun to see how established businesses and industries utilize the technology for improvement. At least in most cases (We’re looking at you Reputation.com). Keep up with us as we follow more industry exploits in the world of big data analytics.
Follow the Inteltrax news stream by visiting www.inteltrax.com
Patrick Roland, Editor, Inteltrax.
January 9, 2012
Inteltrax: Top Stories, December 26 to December 30
January 2, 2012
Inteltrax, the data fusion and business intelligence information service, captured three key stories germane to search this week, specifically, ways in which some are misusing big data analytics in the market today.
One story, our feature this week, “Real Estate Market Missing Out on Analytic Help” detailed the many ways in which the housing market could be aided by analytics, but is not taking advantage of.
One of the most important stories we’ve written was “Consumer Analytics Not a Strong Investment” which helps analytic software buyers avoid limited programs that will be no help to them.
Finally, we focused on how a lot of cloud analytic offerings don’t make security and customer service a priority in our story: “Accountability Should Be Top Priority for Cloud Analytics.”
Usually, we focus on the uplifting, exciting side of this growing market. However, big data analytics also has its downside, which deserves some light. We try and keep our coverage balanced, in order to give our readers the best overview.
Follow the Inteltrax news stream by visiting www.inteltrax.com
Patrick Roland, Editor, Inteltrax.
January 02, 2012
Inteltrax: Top Stories, December 19 to December 23, 2011
December 26, 2011
Inteltrax, the data fusion and business intelligence information service, captured three key stories germane to search this week, specifically, watching things moving and traveling with the aid of big data analytics.
Our story, “Unstructured Social Data is a Gold Mine for Travel Sites” shed some light on how many travel sites like Travelocity are utilizing big data to aide customers.
Similarly, our story “Airports and Analytics Grow Closer Together” showed how the complex world of airports are getting less cumbersome by sorting their unstructured data.
Our third story deals more with our voices traveling, “Telecom Attracting Big Data Heavyweights,” shows how phone companies are embracing this technology to improve customer experience.
Clearly, it’s a growing time for travel and analytics. We’re keeping a close eye on the developments and you can be assured that we’ll keep you informed as things change.
Follow the Inteltrax news stream by visiting www.inteltrax.com
Patrick Roland, Editor, Inteltrax.
December 26, 2011
Inteltrax: Top Stories, December 12 to December 16
December 19, 2011
Inteltrax, the data fusion and business intelligence information service, captured three key stories germane to search this week, specifically, the issue of change in the analytic world—for the better, for the worse and everything in between.
One example of change came from our story, “Data Mining Changing Scientific Thought” shows how the way scientists think is being streamlined by analytics.
On the other hand, “ManTech has Uphill Climb with Intelligence Analytics,” shows that not all change looks promising, like one company’s new focus on intelligence.
And some change, well, we’re just not sure how it’ll pan out, like with the story “Predicting the Ponies is Just Unstructured Data” which exposes how the gambling industry could be changed by analytic tools. For the better or worse is up for debate.
Change, in any aspect of life, is inevitable. However, the world of big data analytics seems more susceptible than most. And we couldn’t be happier, as we watch the unexpected turns these changes bring to the industry every day.
Follow the Inteltrax news stream by visiting http://www.inteltrax.com/
Patrick Roland, Editor, Inteltrax.
Protected: SharePoint Forces Organizational Culture Shock
December 15, 2011
Digital Reasoning Receives Funding from Silver Lake
December 6, 2011
Companies that combine big data expertise with analytics knowledge are a hot commodity these days as government and private firms are looking to invest in technology to make sense of the massive amounts of unstructured data being collected.
On this note, Big Data Analytics specialist Digital Reasoning announced in a December 6 news release “Digital Reasoning Raises Venture Financing for Automated Understanding of Big Data” that it has successfully raised Series B funding with help from In-Q-Tel, individual partners of Silver Lake, and other private investors. The company did not disclose the amount, but a GigaOM article uncovered it’s SEC filing which puts the number at $4.2 million.
In addition to achieving this feat, the company also welcomed industry veteran and Silver Lake Sumeru partner John Brennan to its board of directors.
Digital Reasoning uses its flagship product Synthesys to analyze unstructured and structured big data to reveal relationships between people, place and time. It takes text-based data and sifts through documents and connects the dots without company employees having to read them all. Digital Reasoning works with more than a dozen government agencies to uncover security threats and accelerate the time to actionable intelligence.
Brennan stated:
“Organizations in every market are looking for ways to exploit the information and intelligence embedded in unstructured data; Synthesys could be a transformational solution in the enterprise as organizations develop their big data strategies,” said John Brennan. “Digital Reasoning’s platform can go beyond its success in the government intelligence market to help enterprises quickly analyze big data to detect fraud, uncover market trends, gain better insight into customer behavior, and mitigate risk.”
The combined power of an investment of this magnitude and Brennan’s software and operating background will allow, the already successful, company to potentially expand beyond its current government intelligence work into new markets.
Jasmine Ashton, December76, 2011
Sponsored by Pandia.com
SAS Creates Customer-Centric Analytics Software
December 4, 2011
Business analytics and software firm SAS recently unveiled the Phillippine’s first customer intelligence software that can analyze data from online conversations and relationships in social networking sites.
The SAS Customer Intelligence, includes a range of applications that allow firms to better understand their customer base. These include: customer analytics, forecasting, and credit-scoring to choreographing multi-channel marketing strategies and gathering marketing data from social media.
NewsBytes Phillippines reported on the new software in the November 25 article “SAS Rolls Out First BI Software For Social Media in PH.”
the article states:
“SAS global senior product marketing manager Ken King said in a press briefing that the new software is a comprehensive tool that can monitor and analyze data from social media – a capability that ordinary statistics services such as Facebook analytics cannot provide.”
Customer decisioning is an important focus area for any business so I’m glad to see SAS’ investment in this area. This software will allow organizations to gain deeper customer insight, create and manage a customer-centric data repository, predict customer behavior, and give accurate customer profiles.
Jasmine Ashton, December 04, 2011
Inteltrax: Top Stories, November 21 to November 25
November 28, 2011
Inteltrax, the data fusion and business intelligence information service, captured three key stories germane to search this week, specifically, the highs and lows of recent analytics news.
On the high side, was our story “Speech Analytics Market Approaches Billions” that chronicled the success of applying unstructured big data analytic techniques to recorded speech, such as in call centers.
On the low side, we found “Mobile BI Takes a Surprising Misstep” explores how the once bustling mobile BI market recently took a hit.
And somewhere in the middle, we found “In-Memory Databases Cause a Stir” attempted to draw the line between traditionalist and futurists of analytics.
It’s a wild ride every week in the world of big data analytics. Sure things go bust, underdogs appear from nowhere and divisions are drawn. Stay tuned to see where it all leads.
Follow the Inteltrax news stream by visiting www.inteltrax.com
Patrick Roland, Editor, Inteltrax.
November 28, 2011
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