PolySpot Puts Information to Work within the Enterprise with Their Unique Big Data Solution
December 19, 2012
Leveraging the power of big data is huge in terms of any discussion related to business processes and business strategy today. The Harvard Business Review carries on this conversation with their article and webinar on “Organizational Imperatives in the Era of Big Data.” This webinar from Thomas Redman discusses key organizational issues you must resolve in order to leverage big data.
Technological challenges were put into perspective with this article:
The technological challenges are legion, but they pale in comparison to the organizational challenges. From a lack of analytically capable analysts, managers, and leaders, to organizational structures that inhibit data sharing, few of today’s organizations are capable of taking advantage of the opportunities presented by “Big Data.” Resolving these challenges and readying an organization is among the most important management challenges of our times.
Companies must leave the technological challenge of creating technologies that can utilize big data to existing big data vendors such as PolySpot. Many enterprises have discovered that solutions such as PolySpot’s Information at Work aid in both the organizational aspect of locating data in near real-time when it needs to be utilized and in enriching big data so that it is primed to deliver meaning.
Megan Feil, December 19, 2012
Sponsored by ArnoldIT.com, developer of Augmentext
Sound the Alarm: Reliable Enterprise Services Are Not Free
December 14, 2012
Sound the alarms! Information Week’s article “Google Apps No Longer Free For Businesses” announced dooms day news to those looking for a free ride including perks on the Big G. After 6 years, Google is finally pushing their premium business apps by eliminating upkeep and new availability for the free version.
Google does have a heart, as they will allow existing free users to continue utilizing the bare bone services with limited customer service and no new upgrades:
“You get what you pay for because you can’t get what you didn’t pay for. That is, unless you already have it: Companies currently using the free version of Google Apps can continue to do so under the same terms. Individuals will be able to continue using Google’s Web apps, like Drive, Gmail and Docs at no cost through their Google Accounts. Businesses will be expected to pay for Google Apps for Business.”
The only surprise is that Google waited so long to push the remaining ‘free app’ businesses over to the premium side. When it comes to quality there is no such thing as free, and businesses who think they can get free, high performing enterprise solutions may be better off to invest in a tried, true and dedicated technologies. The Intrafind search technology is mature, feature rich and offers a worth return on investment – retrieving data when, where and how it is needed.
Jennifer Shockley, December 14, 2012
Sponsored by ArnoldIT.com, developer of Augmentext
Business Process Heightened to Maximum Efficiency with PolySpot Solutions
December 14, 2012
Making a decision in a business can be done in a variety of ways. More often than not, decision-makers look to data to assist them now that there are solutions available to enable such a process. Smart Business reports on “How to Use Big Data to Make Better Business Decisions” in their recent article.
The article discusses what types of decision are made most successfully using big data:
In general, data-driven decision making works better at an operational or tactical level since there are relatively fewer risks involved. In fact, when aided by technology, data makes it easy to automate rudimentary tasks and decisions. For example, it’s hard to imagine how Amazon or Wal-Mart would fare if they relied on managers’ instincts to replenish stock levels, when a computer can synthesize inventory changes and sales trends and place orders automatically.
When the determination to make decisions using data is made, the only remaining variable is the technological solutions that will need to be in place for data access to happen efficiently and effectively. PolySpot solutions are above par in this department, for example. However, companies must research for themselves which one will suit their needs best.
Megan Feil, December 14, 2012
Sponsored by ArnoldIT.com developer of Augmentext
Big Data Drives Business Decisions with Enterprise Search
December 12, 2012
Big data is making the transition from a catchy trend to a serious power in the business world. A flurry of acquisitions involving big data and enterprise search systems are proving that value is being added to big data. According to recent article “Structuring the Unstructured: Why Big Data is Suddenly Interested in Enterprise Search” on CMSWire, this can be attributed to the inclusion of unstructured data (hard-to-predict human content,) into big data analyses, and companies are becoming more and more interested in creating actionable insights from this data set.
The article continues to explain the need to obtain value from unstructured data:
“It is the hands-on application of processes, pragmatism and checksums that produce the most value from unstructured data. A focus on transparency of process creates confidence in data provenance and enables actionable intelligence from unstructured data. That combination of technology and process is what is driving recent acquisitions and what can drive your business to make better, more accurate decisions based on your unstructured big data.”
The whole point of making structured and unstructured data available is so that the right information can drive business decisions. Intrafind makes finding the right data at the right time a bit easier in the age of big data. The company’s software and enterprise search solutions can help you target necessary information from the big data madness and also provide the consultancy services to help you decide what to do with that information.
Andrea Hayden, December 12, 2012
Sponsored by ArnoldIT.com, developer of Augmentext
Intrafind Knowledge Map Increases Overall Efficiency with a Quick Click
November 28, 2012
Network infrastructures, social media, mobile and the cloud continue to bring changes in daily business operations. Transformational technologies like these can provide the key elements necessary to stay competitive but success relies heavily on their ability to evolve within the enterprise.
The right strategy can bring prosperity through evolution to any industry. ZDNet’s article “CIOs unplugged: Straight Talk from Innovators” talks about some solid strategies to consider in order to increase operational efficiency when utilizing transformational technologies:
“Operational efficiency and cost reduction are always part of the IT mandate, so the discussion touched there. These CIOs distinguish themselves precisely because their key focus is innovation, rather than cost reduction. Many organizations primarily expect the CIO (and IT) to drive efficiency and cost savings, rather than participate in planning important strategic decisions. This view devalues IT, and is intensely shortsighted, because most industries today rely on technology to create strategic advantage.”
Innovative CIOs may find themselves more capable of driving change if their users are able to find the enterprise knowledge they need when they need it. Solutions such as Intrafind’s Knowledge Map allows for better use of enterprise knowledge assets and leaves more time for organizational innovation. Overall efficiency is increased with a user friendly interface which centralizes relevant company metadata in a 360 view for access with a few quick mouse clicks.
Jennifer Shockley, November 28, 2012
Sponsored by ArnoldIT.com, developer of Augmentext
Rich Usable Search Solutions Beat the Wisdom of the Crowd by Integrating it
November 19, 2012
The CMS Wire’s article “Should I Auto-tag or Crowdsource my Metadata?” reminds us that humanity could quite easily be replaced by machines… in a good sci-fi movie. Those that stick to a more realistic view know that though we depend on machines for assistance, humans are still on top of the food chain. However, the enterprise eats a little differently.
Cooperation between man and machine goes a long way in establishing enterprise operational efficiency but conflicts can arise when trying to find efficient software to ease the data transition:
“It does not take a genius to figure out who won based on “who” can process a text prompt faster with a high rate of accuracy, provided human engineers are close behind to tailor parameters for improved accuracy. There is no guarantee that any institutional knowledge or necessarily any subject matter expertise will “automagically” show up in your results for tags. Let us return to reality, clear out any smoke screen of unrealistic expectations and remember what is the source of these tags and what does the source know.”
The human perspective is an important part of the process; however the wisdom of the crowds is rarely an effective tool for the enterprise. A system such as Intrafind that provides tagging seamlessly into business processes makes for a richer, more usable search solution. Reliable software solutions like this will surpass the wisdom of the crowd by integrating machine processes into a human defined structure.
Jennifer Shockley, November 19, 2012
Sponsored by ArnoldIT.com, developer of Augmentext
IntelTrax Summary: November 9 to November 15
November 19, 2012
This week, the IntelTrax advanced intelligence blog published some important information regarding the state of big data and its impact on some of the world’s most up and coming industries.
“The Ethics of Big Data” examines the possible ethical quandries that develop from big data analysis. However, despite the potential ethical challenges that face the industry in the end the pros, outweigh the cons.
The article states:
“Yet it cuts both ways: Consumers also can take advantage of the democratizing effects of big data. In fact, there’s an app for that: RateDriverenables users to quickly determine the appropriate rate they should expect to pay for attorney’s fees in 51 U.S. markets.
Big data holds promise to improve the legal profession and the quality of service that we deliver to clients, says Carolyn Elefant, a Washington, D.C., attorney and technology evangelist. “Significantly, big data would inject a strong dose of transparency into lawyer marketing and assist consumers in hiring lawyers. How so? Because big data can be used to show the likelihood of winning a case and the true cost.”
An article that shows the way that big data is transforming the healthcare industry is, “Big Data is the New Anti-Virus.” However, it looks at it from the angle of computer health and how to better detect viruses.
The article states:
“With Seculert Sense, customers can now upload log files using a Secure FTPS tunnel, or upstream logs through Syslog directly from a secure web gateway or web proxy devices, or log aggregation solution for real-time detection and forensics investigation. Built on Amazon Elastic MapReduce, Seculert Sense launches a “big data analysis cloud” that rapidly analyzes an organization’s vast amount of log data, going back months or even years and comparing it against the thousands of unique malware samples collected by Seculert. Over time, Seculert Sense continues to digest huge amounts of data in order to identify persistent attacks that are going undetected by next generation IPs, Anti-Bot and Secure Web Gateways.”
Big data analytics is not only taking off in America, it is becoming a world-wide phenomenon. “Asian Analytics on the Verge of a Boom” describes the potential for big data analytics success in Asia.
According to the article,
“Two different consumer analytics platforms from Singapore Management University (SMU) and StarHub respectively aim to provide insights into consumer behavior, so companies can develop and tailor initiatives that will be more relevant to and better received by customers.
Rajesh Balan, director of LiveLabs Urban Lifestyle Innovation Platform at SMU, said the platform will enable organizations to utilize real-time insights, helping their campaigns go to market and assess the outcome faster. On the consumer end, it will turn what most users perceive as intrusive spam messages on their phones into something useful.”
It does not matter what country you live in or what industry you work in. Big Data analytics technology is becoming too important to overlook. Digital Reasoning has been using automated understanding of big data for nearly a decade.
Jasmine Ashton, November 19, 2012
Sponsored by ArnoldIT.com, developer of Augmentext
Innovative Information Delivery Technologies Separate Slow Companies from Extraordinary Ones
November 12, 2012
The rise of the Internet and the World Wide Web in the 1990s set the world on fire with new innovations and an ensuing economic boost. Now, former Dun & Bradstreet CIO Walt Hauck tells CIO that we are experiencing a similar phenomenon with big data. Dun & Bradstreet has been in the business of data for some time, and Hauck’s perspective and insight from his history with this company is revealed in the article, “How Big Data Will Separate Haves from Have-Nots.”
A few key forces are driving the consumption and analysis of big data. One discussed in the article is how it relates to customer service and efficiency.
In the interview, Hauck stated:
Big data will put the expectation of instantaneous feedback and reaction into hyper-drive. Those that embrace this change, and the velocity of it, will be the winners. ‘Amazon is the exception to the rule today, Hauck says, but we’re not far from companies being described as “slow” and “dumb” if they aren’t monitoring customers in real time. It’s going to separate the ‘haves’ and the ‘have-nots,’ much like…brick-and-mortar vs. Internet shops. Big data is going to create that kind of divide.’
When a company has near real-time data immediately available to analysts, customer service representatives and executives, there is no stopping the efficient and maybe even ground-breaking decisions they can make. Solutions such as Information at Work from PolySpot serve as a great example of the kind of information delivery technologies necessary for these insights.
Megan Feil, November 12, 2012
Sponsored by ArnoldIT.com, developer of Augmentext.
IntelTrax Summary: November 2 to November 8
November 12, 2012
This week the IntelTrax advanced intelligence blog published some excellent article summaries regarding big data’s growing impact on the globalized workplace.
“Big Data Talent Pool Grows” explains how job seekers are embracing the big data analytics profession due to the fact that it welcomes new talent.
The article states:
“The just-released InformationWeek 2012 State of IT Staffing Survey reveals that 40% of those who cite big data and analytics as a top hiring priority say they’ll increase staffing in these areas by 11% or more during the next two years. At the same time, 53% of these companies say it will be hard to find big-data-savvy analytics experts. Respondents expect to try a mix of retraining of existing people, hiring of new employees and contracting of consultants and temporary employees to fill the gap.
Practitioners, vendors, and educators we spoke to for our Big Data IT Staffing report offer seven tips for finding the right talent.”
The article, “The Healthcare Analytics Trickle Down” shows how the pairing of healthcare and data analytics is starting to pay off for many companies and its starting to trickle down.
The article states:
“If you’re old enough to remember the Reagan administration, you remember the politically charged expression “trickle-down economics,” which referred to the theory that if you provide benefits and incentives to businesses and the wealthy, those benefits would trickle down to wage earners at lower socioeconomic levels.
In some ways, big data analytics is like trickle-down economics. Only the biggest healthcare providers with the deepest pockets can afford the kind of analytics platforms required to get useful intelligence from tens of thousands of patient records. But in theory, those benefits will trickle down to smaller providers that either don’t have the financial support or the large patient populations to do this type of data crunching on their own.”
We all knew that big data was something worth investing in, but save the world? that seems to be a little bit much. “50 Ways Big Data Can Save the World” showcases the new startup Bidgely, which aims to turn every appliance in your home into a data scientist, providing you with real time results on your energy usage.
The article states:
“Utilities worldwide are installing smart meters on homes and businesses, which means there could be as much as 50 terabytes of energy data that can emerge from a million or so homes in a year. The problem has been that there haven’t been very many ways to make good use of all this data to benefit the average consumer. But a startup called Bidgely, which raised a series A round from Khosla Ventures, says it has created algorithms that can dig into real-time smart meter energy-consumption data, can reduce consumers’ home energy use by between 4 percent to 12 percent, and can also deliver other beneficial home services to consumers.”
Whether you are looking to utilize big data to protect the environment, save lives, or boost business for your company, there are solutions available that can be very beneficial. Thanks to companies like Digital Reasoning, this technology is more affordable, accessible and customizable than ever.
Jasmine Ashton, November 12, 2012
Sponsored by ArnoldIT.com, developer of Augmentext
Enterprise Software Solutions Enable Technologies to Deliver Information
November 8, 2012
The author of a recent ZDNet article, “Reality Check: Big Data BS” is not the first to call out the marketers and media mongers who are going nuts over the buzz surrounding big data. It could be argued, according to this source, that big data as a concept is nothing new.
This particular article brings in reinforcement in the form of other blogs and posts related to the idea that big data use cases have been around for quite some time now. Projects in the past may not have always been labeled as ‘big data’ but that doesn’t stop them from fitting the bill as such.
The article states:
As I think about this topic I cannot help but go back to the Harrahs case study from ten plus years ago where CEO Gary Loveman applied his understanding of customer loyalty, developed during his tenure at MIT Sloane to the rejuvenation of a tired gaming hall and turned it into a gaming powerhouse. He understood the value of blended real time data coming from multiple sources. More important, he understood that data has to be actionable, business models have to be refined and processes need recasting to reflect the new information and what it is revealing.
Creating and working with actionable and usable data is no longer a challenge for many businesses – rather it does not have to be a challenge anymore. Many information management software solutions, such as PolySpot, enable the technologies to deliver information and users are simply left with making the decisions.
Megan Feil, November 8, 2012
Sponsored by ArnoldIT.com, developer of Augmentext.
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