One of the challenges of being a practically minded technology analyst is squaring the importance of “the next big thing” with the reality of what most organizations are doing. For decades it’s been the case that “the next big thing” in the world of information technology is easily several years ahead of where most organizations are in their use of technology. And before most organizations can realize the benefit of some whiz-bang technology, they frequently need to address a range of more...
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Topics:
Human Capital Management,
Marketing,
Office of Finance,
Analytics,
Business Intelligence,
Sales Performance Management,
Financial Performance Management,
Price and Revenue Management,
Digital Marketing,
Work and Resource Management,
Digital Commerce,
Operations & Supply Chain,
Enterprise Resource Planning,
ERP and Continuous Accounting,
robotic finance,
Predictive Planning,
revenue and lease accounting,
Subscription Management,
intelligent sales,
AI and Machine Learning
The workforce is an essential part of an organization’s overall business potential because it ensures continuous operations, even in black-swan events. The workforce is the core of the organization and should get the attention it deserves. In challenging times, a “customer-first” mentality tends to take hold — this is not unreasonable but in focusing on satisfying customers and opportunities, business leaders too often forget that the workforce experience is essential to achieving desired...
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Topics:
Sales,
Customer Experience,
Human Capital Management,
Office of Finance,
Voice of the Customer,
Continuous Planning,
Business Continuity,
Analytics,
Business Planning,
Workforce Analytics,
Workforce Management,
Digital Technology,
Operations & Supply Chain,
Robotic Process Automation,
employee experience,
Conversational Computing,
collaborative computing,
mobile computing,
agent management,
People Analytics,
AI and Machine Learning
Analytics and data provide visibility into an organization’s past, present and potential performance. However, not all organizations are using analytics that provide timely insights — insights that not just reflect what happen but direct a successful course for the future. Demand for personalized and relevant insight only intensifies in a black-swan event. To maintain business continuity in times of pressure, it is critical that organizations not waste any time or resources when using analytics...
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Topics:
business intelligence,
embedded analytics,
Analytics,
Business Intelligence,
Collaboration,
Internet of Things,
Data,
Digital Technology,
natural language processing,
Conversational Computing,
AI and Machine Learning
The workforce is the center of any organization, no matter if the workforce consists of employees, contractors or what we call gig workers. It stands to reason that a black-swan event has an immediate impact on a workforce and thus an organization’s overall business health. In challenging times, a “family-first” mentality tends to take hold — a reality that, far too often, business leaders and HR organizations underestimate. But organizational readiness is essential for sustainability and...
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Topics:
Sales,
Human Capital Management,
Learning,
Office of Finance,
Voice of the Customer,
Analytics,
Digital Technology,
Digital Marketing,
Operations & Supply Chain,
Workforce Optimization,
AI and Machine Learning
Artificial intelligence (AI) and machine learning (ML) are all the rage right now. Our Machine Learning Dynamic Insights research shows that organizations are using these techniques to achieve a competitive advantage and improve both customer experiences and their bottom line. One type of analysis an organization can perform using AI and ML is predictive analytics. Organizations also need to plan their operations to predict the amount of cash they will need, inventory levels and staffing...
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Topics:
Office of Finance,
Analytics,
Business Intelligence,
Financial Performance Management,
Digital Technology,
Predictive Planning,
AI and Machine Learning
I was recently asked to identify key modern data architecture trends. Data architectures have changed significantly to accommodate larger volumes of data as well as new types of data such as streaming and unstructured data. Here are some of the trends I see continuing to impact data architectures.
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Topics:
Analytics,
Business Intelligence,
Data Governance,
Data Preparation,
Data,
Information Management (IM),
Digital Technology,
data lakes,
AI and Machine Learning
Ventana Research recently announced its 2020 research agenda for analytics, continuing the guidance we’ve offered for nearly two decades to help organizations derive optimal value from their technology investments and improve business outcomes.
It’s been exciting to follow the emergence of innovative capabilities in the analytics market, but for businesses it can be challenging to stay on top of all these changes. To help, we craft our research agenda using our firm’s knowledge of technology...
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Topics:
embedded analytics,
Analytics,
Business Intelligence,
Collaboration,
Internet of Things,
natural language processing,
AI and Machine Learning
Ventana Research recently announced its 2020 research agenda for digital technology, continuing the guidance we’ve offered for nearly two decades to help organizations derive optimal value and improve business outcomes. While we have seen more than four decades of digital transformation in the systems and tools businesses rely on, recent years have yielded transformative approaches to technology that can finally actually change the way people and processes work, rather than just make...
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Topics:
Analytics,
Internet of Things,
Data,
Digital Technology,
blockchain,
Conversational Computing,
collaborative computing,
mobile computing,
extended reality,
AI and Machine Learning
Organizations universally desire the business outcome of improved organizational agility — in other words, the ability to quickly and effectively identify and respond to business risks and opportunities, typically through workforce-related actions. Being agile requires that an organization be adept at two things: harnessing cognitive assets, the knowledge and ideas that comprise the intellectual capital of a workforce, and deploying and using technologies that channel those assets where they...
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Topics:
Human Capital Management,
Learning Management,
Collaboration,
Workforce Management,
Knowledge Management,
AI and Machine Learning
Kinaxis recently held its annual user conference, Kinexions, which focuses on helping the company’s customers improve their execution of supply chain and sales and operations planning (S&OP). Its RapidResponse software handles S&OP, demand, supply, inventory and capacity planning. S&OP is a function sorely in need of improvement: Our research finds that only 22 percent of companies perform it well or very well.
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Topics:
Continuous Planning,
Analytics,
Enterprise Resource Planning,
continuous supply chain,
business digital commerce,
AI and Machine Learning