Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Archive for the ‘business intelligence’ Category

Analyze Your Analytics

leave a comment »

In the era of big data, organizational leaders will be distinguished by their ability to make decisions — big and small, strategic and tactical — based on a comprehensive view of the world around them.

Yet this is not a one-time or one-size-fits-all exercise. Each organization’s analytical journey is quite different.

The proper use of analytics will change how organizations are structured, how daily operations are managed and where new investments are made to create value.

A recent study from Nucleus Research found that companies realize a return of $10.66 for every dollar they invest in analytics.

To help organizations better understand how smart they are with analytics, IBM has released a free online self-assessment tool, “Analyze Your Analytics.”

The assessment is based on a study by the IBM Institute for Business Value surveying more than 4,500 executives, managers and analysts in multiple industries worldwide.

It only takes minutes to complete and provides respondents with insight into how well an organization aligns, anticipates and acts on information, compared to its industry peers.

After completing the assessment, respondents will receive a numeric score and customized recommendations based on the responses, job roles and their organization’s business objectives.

These recommendations will help organizations weave analytics into the fabric of their business and culture, with focused efforts on key business areas and objectives, including growing, retaining and satisfying customers, increasing operational efficiency, transforming financial processes or managing risk, fraud and regulatory compliance.

Get started here to analyze your analytics.

Written by turbotodd

September 19, 2012 at 10:26 pm

The Big Iron Cloud

leave a comment »

It’s Tuesday, August 28, 2012, and I’m having flashbacks to early the week of August 30, 2005.

Gulf Coast, I’ve got my fingers crossed for ya.

Seven years ago this week, I was flying up to NYC to cover IBM’s involvement in providing technology support for the U.S. Open.

When I left that Monday morning, all was well, but by the time I arrived at JFK, the levees had broken.

Here’s hoping NOLA built that $14 billion levee rebuild well!

Back here on the technology front, there’s some big news from Big Blue today, this time in the mainframe world.

IBM’s new zEnterprise EC12 mainframe computer, the result of a three-year, $1 billion R&D investment by IBM that includes new security and analytics technology to boost cloud computing performance, extending the mainframe’s leadership as the enterprise system for critical data.

IBM announced a new mainframe server, the zEnterprise EC12, one built around nearly 50 years of enterprise computing experience and which will help IBM customers take their analytics capabilities to the next level.

The IBM zEC12 offers 25 percent more performance per core, with over 100 configurable cores and 50 percent more total capacity than its predecessor.

This new system is the result of an investment of over $1 billion in IBM research and development by IBM, including in Poughkeepsie, NY and 17 other IBM labs around the world, and in partnership with some of IBM’s top clients.

Secure Transactions

This new mainframe is also one of the most secure enterprise systems ever, including built-in security features designed to meet the security and compliance requirements of a range of industries. It’s the only commercial server to achieve Common Criteria Evaluation Assurance Level 5+ security classification.

The zEC12’s state-of-the-art crytopgraphic co-processor called “Crypto Express4S” that provides privacy for transactions and sensitive data, and can be configured to provide support for high quality digital signatures (used with applications for Smart passports, national ID cards, and online legal proceedings).

Driving Business Insights

The zEC12 also advances performance for analytics, inceasing the performance of analytic workloads by 30 percent compared to its IBM predecessor.

And support for the IBM DB2 Analytics Accelerator that incorporates the Netezza data warehouse appliance into zEC12 enables clients to run complex business and operational analytics on the same platform.

Big Iron Cloud

The mainframe’s virtualization capabilities also make it well suited to supporting private cloud environments, where clients can consolidate thousands of distributed systems on to Linux on zEC12, lowering their IT operating costs associated with energy use, floor space, and even software licensing.

If you go here, you can learn more about the IBM zEC12 and can also contact an IBM rep or Business Partner to see how this bigger and better iron might be able to bolster your business results.

The New Statistics

leave a comment »

Are you a statistics geek?

IBM SPSS Statistics is an integrated family of products that addresses the entire analytical process, from planning to data collection to analysis, reporting and deployment. The newest version addresses the unique needs of big data analysis and also adds some compelling risk probability capabilities via new “Monte Carlo” simulations.

Do you want to become a statistics geek?

I’m generally a words guy myself, but numbers have their place.

And increasingly, what we as mere mortals can do with those numbers using increasingly friendly, utilitarian software is making it easier than ever to manipulate numbers.

When I was in graduate school working on my master’s degree, I was exposed to statistics, and had to learn how to run stats on a mainframe computer using SPSS software.

It was anything but user friendly. For many of you, that may sound familiar.

But that has changed.  And  just today, IBM announced the newest version of IBM SPSS Statistics software (V 21), and the new enhancements are intended to ensure that the most advanced analytics techniques are available to business users, analysts, stats geeks, and the like.

Those new enhancements include simulation modeling (with Monte Carlo risk simulation capabilities), improved support for big data analysis, and improved integration with common data types and external programming languages.

You can learn more about the new SPSS here, and note, on the first page you can get both a video overview of the product, as well as a demo of the new Monte Carlo simulation capability.

Written by turbotodd

August 15, 2012 at 2:51 pm

Singapore Sling

leave a comment »

Resorts World Sentosa in Singapore will play host to a new, first-of-its-kind IT event in Singapore this October 9-11, where smart businesses from around the globe that have been busy implementing new business and IT strategies will come together to network with IBM clients, industry experts, and IBM thought leaders and learn how they’re converting opportunity into outcomes.

It was a big day today in Singapore, where the country celebrated its independence, and where government leaders encouraged Singaporeans to make even more Singaporeans, in order to counter the country’s declining birthrate, which is among the lowest in the world at 7.72 births per 1,000 people.

I’m sure a few Singapore Slings may have been consumed, and I would have been right there with them, as the Raffles Hotel is definitely on my list of places to frequent for when I visit.

And that will be sooner rather than later, as IBM is going to be hosting a new, first-of-its-kind event at the Resorts World Sentosa this October 9th-11th.

This new IBM event will share with attendees the breadth of IBM’s integrated software and systems solutions capabilities, and demonstrate IBM’s strategic perspective on becoming a smarter busienss that excels in turning opportunity into outcomes in this new era of computing.

At the event, IBM will focus discussions on a variety of key “hot topics,” including those focused on speeding innovation with mobile computing, defending against cyber-threats with security intelligence, rethinking IT with cloud computing, and a host of others.

If you’re game, but need some compelling reasons to convince your boss to send you to Singapore, here’s a starter list:

  1. Networking. You’ll have the opportunity in Singapore to network with peers, industry experts, and IBM thought leaders from around the globe, including IBM customers already collaborating to better align business and technology investments.
  2. Learning. You’ll have the opportunity to learn from experts in our Solution Center, as well as through a personalized agenda of keynote session, “Hot Topic” sessions, and Exchange sessions built around your business interests.
  3. Delivering New Value. At IBM Interconnect, you’ll become one of the first to learn how to manage the velocity of change from real world examples of business delivering new value to the people they serve.
  4. Unleashing Innovation. You’ll also have the opportunity to begin to understand the new economics of IT, and how to use technology as the catalyst for unleashing innovation in your organization.
  5. Uncovering New Markets. And finally, in an environment where most every organization is looking for new customers in new markets, you’ll have the opportunity to start to develop a clear plan of how you can reinvent relationships with yoru customers and workforce and, in turn, start to uncover those new markets.

Changing With The Changing Times

Rapid change has become the new normal, as entire industries are now transforming to deliver compelling new value to their customers. In this era of interconnected industries, businesses and consumers, a new kind of leadership is required to turn opportunity into business outcomes.

Smarter businesses are capitalizing on information as an indispensable resource and using technology as the catalyst for unleashing innovation. They are expanding the digital world of the back-office into the front-office and the corresponding business infrastructures that are at the heart of business leadership and operations; the key interconnection points among consumers, business partners and employees.

Take advantage of this opportunity to develop a personalized agenda around your business needs, collaborate with business decision-making peers, and meet face-to-face with technical decision-makers and industry experts.

You can start by first going here to register, then heading on over to the Session Preview Tool to start scanning the sessions to make sure you get the most out of your visit.

If you’ve never visited Singapore, I can’t recommend it highly enough. It’s like visiting a future that has already arrived, and in the meantime, you’ll have the opportunity to attend an IBM event that’s intended to help you create a future looming just over the horizon.

Smarter Soccer

with one comment

The Euro 2012 National soccer championship may now be history, with Spain putting another significant win under its belt, but that doesn’t mean the sport of soccer doesn’t continue to make some significant advances.

In fact, the U.S. Major League Soccer organization, along with sports manufacturer Adidas, have announced what could prove to be a game-changing breakthrough in how sports organizations around the world use big, real-time data to help optimize player and team performance.

Image

The above screen shot taken from adidas’ Webcast earlier today announcing details of its ‘”miCoach” data tracking and analysis system for soccer demonstrates the type of data coaches using the system will be able to generate in near real-time. This particular graph demonstrates the total distance run by each of the players on a team. This type of information will help inform the coaching staff on everything from player position to conditioning.

Next Wednesday, the Major League Soccer All-Star team will take on the English Premier League’s Chelsea in what will be the world’s first “smart” soccer match.

In that game, Adidas has partnered with the MLS to have its new “miCoach” data tracker embedded in player uniforms, part of an overall integrated wireless system that, using iPads, will provide coaches with real-time data about player position and performance.

This new technology builds on the existing MiCoach Speed Cell, a small device that snaps into the bottom of the Adizero F50 soccer shoe. That device tracks pace and distance, average and maximum speed, distance covered at high intensity and acceleration.

But the miCoach technology will go a step further, so to speak, and provide coaches with a variety of real-time data: player position, power output, speed, distance, intensity of play, acceleration, heart rate…you get the picture.

And so will the coaches of both teams.

Through their ability to monitor player’s movements, heart rate, and the other key data, and be able to relay that to coaches in milliseconds, this new technology will help all involved to develop a better understanding of the physical and physiological impact on both teams and individuals in both games and practice.

Further analysis of the cumulative data will help coaches in preventing overtraining and risk of injury, and hence maintain optimum player performance throughout the season, not to mention to help shape and adjust their coaching strategies.

As both this game, and future trial runs, bear out, one can only imagine the potential of such types of new “datatainment,” enabling fan access to such data via wireless tablet devices, smartphones, interactive TV, and the like.

But with 3.5 billion and counting soccer fans around the globe, Adidas and MLS had better invest in lots of servers.

Adidas and Major League Soccer announced plans today have the MLS integrating the adidas micoach Elite System league-wide in 2013, marking the world’s first “smart league.”

Beginning in the 2013 season, all 19 MLS clubs will use the data-tracking technology from adidas, providing coaches, trainers and players with real-time performance metrics including heart rate, speed, acceleration, distance, field position and, for the first time, power.

The adidas micoach Elite System has been in development since 2010, and is the product of extensive research, science and cutting-edge technology development by adidas to create the most advanced system for elite teams across the globe.

The micoach Elite System was developed in close consultation and collaboration with many of the leading soccer coaches and clubs including Major League Soccer teams New York Red Bulls, Philadelphia Union and Seattle Sounders FC, as well as Real Madrid, AC Milan, Ajax and Bayern Munich.

In the U.S. you can watch the MLS All-Star Game against Chelsea on ESPN2 at 8:30 EST, Wednesday, July 25th.

Written by turbotodd

July 19, 2012 at 4:54 pm

A New Style of Analytics: Making Sense of Data Overload

leave a comment »

If you’re in the business of making decisions…or if someone in your business supports you through decision making…then you’ll probably want to take note of an announcement IBM just made to help bolster decision making capability using analytics technology.

“Big data” is the digital convergence of structured and unstructured data. Those organizations that can capture and analyze their data, regardless of what type, how much, or how fast it is moving, can make more informed decisions.

Yesterday, IBM announced new predictive analytics software that automatically correlates and analyzes big data to help clients embed hyper-intelligence into every business decision.

In addition to generating insights on internal data in a matter of seconds, the software measures the impact of social networking channels and factors this information into organizational decision making.

The software represents a new class of “decision management” capabilities that revolutionizes the way organizations gain, share and take action based on information gathered as part of business processes such as marketing, claims processing and fraud detection.

In these, and other data-rich areas – where anywhere from a thousand to five billion decisions are made daily – the software will put forward the next best action to front-line employees ensuring optimal interactions and outcomes.

Driving Repeatable Results With Fewer Resources

Companies across all industries are increasingly under pressure to drive immediate and repeatable results with fewer resources, react more swiftly to rising customer demands, and gain faster insights on business data.

These pressures are challenging organizations to strengthen their approach to decision making, and forcing organizations to act not only corporate policy and gut instinct.

For example, according to a Columbia Business School Center Global Brand Leadership report, 90 percent of senior corporate marketers believe that successful brands use customer data to drive marketing decisions. Yet 50 percent say that a lack of sharing customer data within their own organization is a barrier to effectively measuring their marketing efforts.

Compounding these challenges is the variety, velocity and volume of big data which is growing at record rates. According to IDC, the decision management software market is expected to exceed $10 billion by 2014.

“In today’s marketplace, when a customer says they’re not happy, companies must decide how to react — not later that day, or in an hour, but instantly,” said Deepak Advani, vice president business analytics products and solutions, IBM.

“With these new technologies, winning organizations can embed analytics into under-served areas of their business, empowering all employees to make information based decisions.”

IBM Analytical Decision Management Software

The new Analytical Decision Management software, part of a series of IBM Smarter Analytics initiatives, helps clients apply automated, real-time analytics into any operational data no matter where it resides, and instantly analyze it to uncover trends and expose hidden paths to growth.

As a result, insights can now be automated, socialized and used for predictive decision making.

In a single platform, IBM has combined the power of business rules, predictive analytics and optimization techniques through intuitive interfaces that allow users to focus on specific business problems. The resulting decision can be consumed by existing pre-packaged or custom-built applications, including many applications on the mainframe.

The platform also takes advantage of IBM InfoSphere Streams technology where big data can be analyzed and shared in motion, providing real-time decision making in environments where thousands of decisions can be made every second.

Entity Analytics: Making Sense of Data Overload

IBM is also extending the powerful analytical functionality with the inclusion of its newest entity analytics capabilities. For the first time, businesses can take advantage of entity analytics as part of the decision management platform.

This feature, especially well suited for big data environments, is a unique analytics engine that enables identification and matching for all entities – people, places, or things – making systems smarter as more information becomes available.

Unlike traditional methods, the IBM entity analytics capabilities are context based and accumulate knowledge, resulting in a more accurate picture, better models, and better outcomes. This ability to understand how the data is related delivers higher quality models and helps to ultimately produce smarter decisions.

Understanding Social Relationships and Influencers

A new social network analytics feature enables companies to take sentiment analysis a step further by analyzing who the influencers are around any given topic, who exactly is listening, and why people should care.

This feature enables decision makers to factor in how customers behave, what they say, and how big their sphere of influence is in a social network.

For example, which other customers does this person know? Does this person influence others in their social network? The ability to incorporate social network analytics into the predictive models used in analytical decision management helps organizations identify social leaders who can influence behavior.

C Spire: Predicting Customer Behavior

IBM client C Spire, a leading telecommunications service provider, is using IBM analytics to get closer to their customers by better predicting customer behavior and intervening before a problem ever arises, making their service and experience more personalized.

“The benefits we are able to see from using this advanced IBM analytics technology will give us the ability to put the right message in front of the right customer at the best time and in the best channel,” said Justin Croft, manager marketing campaigns and promotions, C Spire.

“We will now be able to deliver true personalization, giving the customer exactly what they need, without having to ask for it. Not only does this improve the customer experience, it also positively impacts sales and customer retention.”

This recent announcement builds on the recent release of IBM’s operational decision management software, and represents the first time that both analytical and operational decision management are provided to clients jointly on one platform.

IBM: Laser Focused on Business Analytics

The news is part of IBM’s larger focus on business analytics and optimization, which spans hardware, software, services, and research. IBM projects $16 billion in business analytics revenue by 2015.

To meet that target, the company has established the world’s deepest portfolio of analytics solutions, growing its business and industry expertise to approximately 9,000 business analytics and optimization consultants and 400 researchers, and created global analytics solution centers in Berlin, Beijing, Dallas, London, New York, Tokyo, Washington and Zurich.

IBM has acquired more than 30 companies to build targeted analytics and information expertise and continues to expand its ecosystem, which today consists of more than 27,000 IBM business partners. IBM has also secured hundreds of patents a year in analytics.

These investments have enabled IBM to develop breakthrough technologies like IBM Watson, a new class of industry specific analytical capability that uses deep content analysis, evidence-based reasoning, and natural language processing to identify relationships buried in large volumes of data that can be used to improve decision making.

Go here to learn more about IBM’s Analytical Decision Management technology.  You can also following the ongoing discussion around IBM and entity analytics on Twitter via the following hashtags:  #smarteranalytics #ibmbigdata and #decisionmgmt.

IBM And Wimbledon: Real-Time Tennis Analytics, Anyone?

leave a comment »

So we’ve witnessed one big golf event for the summer, and now it’s time to turn our attention across the pond to Wimbledon and the All England Club.

At this year’s Wimbledon Championships, IBM SlamTracker will use predictive analytics technology to enable fans to gain deeper insight into the match. SlamTracker is a multifaceted feature of Wimbledon’s digital presence that leverages historical and real-time data to add depth and insight to the Championship experience. The ‘Momentum’ capability maps a match in real-time, visualizing key turning points and their causes (i.e. winners, aces etc.).

IBM has continued its partnership with Wimbledon and is helping bring a vibrant new digital environment to tennis fans this year and the launch of an all new Championships’ website, www.wimbledon.com

Wimbledon.com has been completely re-designed to reflect the heritage and appeal of the event, as well as to offer the tournament’s anticipated 16 million unique website visitors a more creative and immersive experience through improved content, more powerful imagery and intuitive navigation process.

This year’s site is built atop IBM’s SmartCloud infrastructure that can change quickly to meet surges in demand.  It will also be integrating a new online broadcast channel to keep online viewers up to speed on the tennis action, Live @ Wimbledon, which will help complement the IBM SlamTracker scoreboard that provides such rich interactive analytics.

Live @ Wimbledon

Featuring both TV and radio, Live @ Wimbledon will blend live action from around the grounds by dropping into matches at crucial points in play (a stream of one game, per set, per match, per hour) with the off-court color of a day at The Championships.

In addition to the minimum of five hours live broadcasting per day, viewers will be able to enjoy pre-packaged content such as previews and reviews, match highlights and archive footage.

The Live @ Wimbledon radio service will offer an enhanced and improved version of its popular predecessor (Radio Wimbledon), which will be available worldwide online and on the three local FM channels.

“Together with IBM, we’ve created a new website which features increased options for people to personalize their Wimbledon experience,” said Mick Desmond, Commercial Director, at the All England Club, home of The Championships.

“Visitors can follow the progress of their favorite players, view live match play clips of the day’s action, and access scores and results delivered in real-time. We expect this increasingly engaging and personalized online experience to appeal to fans in ever greater numbers.”

IBM SlamTracker

At this year’s Championships IBM SlamTracker will use predictive analytics technology to enable fans to gain deeper insight into the match.

SlamTracker is a multifaceted feature of Wimbledon’s digital presence that leverages historical and real-time data to add depth and insight to the Championship experience.

The ‘Momentum’ capability maps a match in real-time, visualizing key turning points and their causes (i.e. winners, aces etc.).

“Keys to the Match” is a feature within SlamTracker that leverages historical and immediate data to determine the top three things a player must do in order to do well in a specific match.

While SlamTracker is an example of how analytics drives insights for tennis, the uses for businesses are almost infinite. Businesses across multiple industries and geographies can gain insights from large volumes of data and then use that knowledge to choose the best strategies and better predict outcomes.

IBM SecondSight heads to Center Court

Following on from the 2011 pilot on Court 18, this year for the first time on Center Court, IBM will trial player movement tracking.

Following on from the 2011 pilot on Court 18, this year for the first time on Center Court, IBM will trial player movement tracking. With “IBM SecondSight” it will be possible to track the fastest moving players and how their performance changes, set by set and match by match. The system can provide new data that could help players, coaches, commentators and fans alike, as well as add a new dimension to fan’s understanding of the science of tennis.

With IBM SecondSight it will be possible to track the fastest moving players and how their performance changes, set by set and match by match. The system can provide new data that could help players, coaches, commentators and fans alike; and, add a new dimension to fan’s understanding of the science of tennis.

“This year a completely new website takes the understanding and insight into the Wimbledon Championships to a whole new level,” said Alan Flack, IBM’s Programme Executive for Wimbledon. “Using the power of cloud computing each individual data point is integrated instantaneously to deliver a powerful experience for fans, players, coaches and officials alike.”

IBM and Wimbledon

IBM is the Official Supplier of Information Technology and Consultancy to The All England Lawn Tennis Club which stages The Championships. Since 1990, IBM has worked with the All England Club to introduce new technologies that help bring the wealth of real-time data captured during The Championships to life.

IBM sends the captured data around the world in an instant, keeping on-site broadcasters, media and tennis fans everywhere up to date with all the latest scores and statistics. Detailed analytical reports for the players are also available as soon as each match has been completed. During The Championships 2011, the tournament website received 15.6 million unique visitors and 451 million page views.

Just How Big IS Big Data?

leave a comment »

So just how big IS big data?

This is your opportunity to find out, and, to contribute.

IBM’s Institute for Business Value is conducting a study on big data, and we’d like to hear from you.

The idea behind the study is simple: To develop a fact-based analysis of big data activities in the global marketplace.

Through this research, IBM hopes to help the marketplace better understand some key tenets behind the big data movement: To gain an organizational view of big data and organizations’ primary objectives for investments in this burgeoning area.  To understand better the drivers and leaders of big data activities. To understand the current and planned state of big data activities, and patterns that suggest best practices of big data implementations.

The survey is slated to run through June 29, 2012, and takes approximately 10-15 minutes per respondent.

All responses will be viewed in the aggregate, and individual responses will not be disclosed beyond the survey analysis team without expression permission of the respondent.

The audience for the survey: Global business executives, management and analysts, as well as IT professionals, across all levels of the organizational hierarchy (from C-suite to data analysts).

Once the fielding is completed, the survey results will be analyzed by a wide team of subject matter experts from within IBM, along with a team of faculty from a globally recognized university.

This data will be combined with interviews and case studies to develop a final reporting of findings and big data benchmarks to be published in October of this year.

So, in short, this is your opportunity to be part of the benchmarks that will define the big data era, one that you can use to compare with your own organization.

All participants will receive a copy of the final study, and will also be eligible to download the IBM e-book entitled “Understanding Big Data.”

Here’s the link if you’d like to be part of this exciting big data discovery!

Live @ IBM Smarter Commerce Global Summit Madrid: IBM’s Mike Rhodin On Insight-Driven Computing

with 12 comments

IBM vice president Mike Rhodin hit the stage this morning at the IBM Smarter Commerce Global Summit, with presenter emcee Jon Briggs introducing Mike as “the man who eats analytics for breakfast, lunch, and dinner.’

IBM senior vice president Mike Rhodin explains to the gathered audience in Madrid how the Smarter Commerce initiative was a logical and inevitable offshoot of IBM’s smarter planet campaign, one driven by the need for more insight- and action-driven analytics.

Rhodin’s talk was entitled “Transform Your Business Around the Customer,” again with the central theme of the Summit that if more businesses wanted to keep theirs, they would increasingly have to pivot their business around customer needs.

Rhodin indicated that he wanted to take a step backward from yesterday’s more outcome-driven discussion, and instead talk about “some of the foundational ideas that led us to Smarter Commerce.”

He explained that four years ago, IBM started a conversation about having a “smarter planet,” one increasingly instrumented, interconnected, and intelligent, and that since that time, “analytics emerged as a centerpiece across our entire portfolio.”

Rhodin joked that the financial crisis’ onslaught wasn’t the best time to launch a new marketing campaign, but then explained smarter planet wasn’t that, that it was a signal call heralding a new age of computing. That it was, in fact, the beginning of a movement that was going to happen “no matter what else happened in the world.”

The change this movement would bring was startling.  We saw the social media embraced in both the social, political, and, increasingly business realms, and we saw that the physical world was about to become digitized…to some degree, because of the crisis.

Scott Laningham and I sat down with Mike Rhodin in the Smarter Commerce Global Summit Solutions Center just after his keynote in Madrid here this morning to discuss the evolution of the Smarter Commerce initiative, and the opportunity it, and other emerging technologies such as IBM’s Watson, provide companies looking to become more analytics and data-driven.

Ergo, the world, and organizations, needed to better understand systemic risk in advance of its rearing its ugly head.  Hence, the need to instrument the world around us.

“Information was flowing around the planet at a breakneck speed,” Rhodin articulated, “and so there was another form of input to make business decisions that became apparent.”

“We also instrumented the virtual world,” he went on, “whereby understanding the sentiment of your employees, your partners, and other constituents was critical.”

Yet all this new data was overwhelming many. “It was growing at such a speed that people couldn’t read or process it with traditional means, and so that’s where analytics started to play a key role, and served as a foundation for Smarter Commerce.”

“This began what we’re classifying as the next generation of computing,” Rhodin went on to explain.  “We went through the age of ‘tabulating’ — we’re now entering the age of “information-based” computing.”

In this age, business outcomes are increasingly insight-driven, solutions are more intelligent, and technology is designed to be more and more cognitive.

“It’s not about understanding what happens, but rather, what you do about it, what actions you take,” Rhodin concluded.

With this explosion of data from a hyper-connected society of empowered consumers, we “must extract insight from our most important assets – employees and customers – through smarter analytics,” and the challenge, then, is to address the need for “volume, velocity, and veracity” to help find the right data amidst all those needles amidst all those haystacks.

And it’s a big series of haystacks and needles.  The data generated between the dawn of civilization and 2003 is now created every two days! Rhodin explained.

He went on: “These next gen systems are creating opportunities in IT we haven’t seen in 50 years.  But now, with all this information and analytics, and the march of globalization, we can start to automate areas of business we could never automate before. We can start to automate and make more intelligent the front-office areas of our business. Chief Financial Officers, CMOs, head of sales, HR…we can turn HR from a reactive to proactive process.”

“We’ve identified a new pattern of automation across industries, one whereby we can instrument, interconnect, and analyze more and more data about the world, and in the process unlock more and more valuable insight,” he explained. “We are infusing intelligent into the fabric  of organizational processes. This shift is as profound as the last evolution was to transaction processing and back office automation.”

The shift being, of course, a continual transition whereby today’s analytics evolves into tomorrow’s cognitive computing capability, where Watson-style technologies utilizing natural language processing and hypothesis-generating and adaptation and learning systems virtually reinvent the IT future.

“We can remake parts of industries that have been untouched by IT in the past,” Rhodin concluded.

%d bloggers like this: