IBM recently announced its new Customer Experience Lab. During a briefing I learned that the lab is a response to what IBM discovered by interviewing more than a thousand CMOs, who are concerned about the explosion of data companies collect about their customers. This explosion is being driven by changing customer communication preferences and the way customers now interact with organizations, which I recently highlighted in my post about the 2.0 world. My research into the contact center in...
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Topics:
Social Media,
Customer Analytics,
Customer Experience,
Customer Feedback Management,
Social CRM,
Speech Analytics,
Voice of the Customer,
Mobile Apps,
Self-service,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Customer Service,
IBM,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Desktop Analytics,
Text Analytics,
Unified Communications,
Workforce Force Optimization
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Topics:
Big Data,
Sales Performance,
Social Media,
Mobile Technology,
Vitria,
IT Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Complex Event Processing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence
SAS Institute held its 24th annual analyst summit last week in Steamboat Springs, Colorado. The 37-year-old privately held company is a key player in big data analytics, and company executives showed off their latest developments and product roadmaps. In particular, LASR Analytical Server and Visual Analytics 6.2, which is due to be released this summer, are critical to SAS’ ability to secure and expand its role as a preeminent analytics vendor in the big data era.
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Topics:
Big Data,
Sales Performance,
SAS,
Supply Chain Performance,
LASR,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Financial Performance,
Location Intelligence,
Operational Intelligence,
SAS institute
I recently attended the annual SAS analyst summit to hear the latest company, product and customer growth news from the multi-billion-dollar analytics software provider. This global giant continues to grow its business and solutions to help with fraud prevention, marketing and risk. It lets users apply its analytic and statistical technology in practical applications for business. SAS can meet midsized businesses’ demand with packaging and pricing to ensure it is not seen as only affordable to...
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Topics:
Big Data,
Predictive Analytics,
Sales Performance,
SAS,
Fraud,
GRC,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Data Integration,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Operational Intelligence,
Risk
Organizations have been talking about how to effectively analyze customer data for more than three decades. This has evolved into a desire for a “360-degree view of the customer” - a comprehensive picture drawn from all available data. As yet, not many organizations have achieved it. Our recent research into customer relationship maturity shows that fewer than one-third (31%) of organizations produce a single set of reports and analysis that the whole organization uses to support...
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Topics:
Social Media,
Customer Analytics,
Customer Experience,
Speech Analytics,
Voice of the Customer,
Analytics,
Business Analytics,
Cloud Computing,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Desktop Analytics,
Text Analytics
I recently attended the annual Informatica analyst summit to get the latest on that company’s strategy and plans. The data integration provider offers a portfolio of information management software that supports today’s big data and information optimization needs. Informatica is busy making changes in its presentation to the market and its marketing and sales efforts. New executives, including new CMO Marge Breya, are working to communicate what is possible with Informatica’s product portfolio,...
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Topics:
Big Data,
Data Quality,
Master Data Management,
Salesforce.com,
MDM,
IT Performance,
Business Analytics,
Business Intelligence,
Cloud Computing,
Data Governance,
Data Integration,
Data Management,
Governance, Risk & Compliance (GRC),
Informatica,
Information Applications,
Information Management,
Operational Intelligence,
CEP,
Informatica Cloud,
Strata+Hadoop
Big data analytics is being offered as the key to addressing a wide array of management and operational needs across business and IT. But the label “big data analytics” is used in a variety of ways, confusing people about its usefulness and value and about how best to implement to drive business value. The uncertainty this causes poses a challenge for organizations that want to take advantage of big data in order to gain competitive advantage, comply with regulations, manage risk and improve...
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Topics:
Predictive Analytics,
Sales Performance,
SAP,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
IBM,
Information Applications,
Information Management,
Data Discovery,
big analytics
Data is a commodity in business. To become useful information, data must be put into a specific business context. Without information, today’s businesses can’t function. Without the right information, available to the right people at the right time, an organization cannot make the right decisions nor take the right actions, nor compete effectively and prosper. Information must be crafted and made available to employees, customers, suppliers, partners and consumers in the forms they want it at...
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Topics:
Big Data,
Analytics,
Business Analytics,
Cloud Computing,
In-Memory Computing,
Information Applications,
Information Management,
Information Optimization,
Strata+Hadoop,
Digital Technology
Like me, you have no doubt spotted the propensity for software vendors and consultants to call anything new “2.0”; for example, we have ERP 2.0 and CRM 2.0. Just recently during a joint Aspect and Microsoft presentation, the companies went one step further and introduced the concept of the 2.0 customer meeting the 2.0 company. My first reaction was one of horror, but as I thought about it, it became clear that customers have changed and so companies need to change to keep up – welcome to the...
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Topics:
Social Media,
Customer Analytics,
Customer Experience,
Customer Feedback Management,
Social CRM,
Speech Analytics,
Voice of the Customer,
Mobile Apps,
Self-service,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Desktop Analytics,
Text Analytics,
Unified Communications,
Vendor(s),
Workforce Force Optimization
Platfora has gained a lot of buzz in the Big Data analytics market primarily through word of mouth. Late last year the company took the covers off of some impressive and potentially disruptive technology that takes aim at the broad BI and business analytics ecosystem, including the very foundation on which the industry is built. It recently demonstrated its software at the Strata Conference where the audience that is fixated on big data was in attendance.
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Topics:
Big Data,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Financial Performance,
Information Applications,
Platfora,
Strata+Hadoop
The big-data landscape just got a little more interesting with the release of EMC’s Pivotal HD distribution of Hadoop. Pivotal HD takes Apache Hadoop and extends it with a data loader and command center capabilities to configure, deploy, monitor and manage Hadoop. Pivotal HD, from EMC’s Pivotal Labs division, integrates with Greenplum Database, a massively parallel processing (MPP) database from EMC’s Greenplum division, and uses HDFS as the storage technology. The combination should help sites...
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Topics:
EMC,
MapR,
HAWQ,
HDFS,
Pivotal HD,
Business Analytics,
Business Intelligence,
Cloud Computing,
Cloudera,
Hortonworks,
Information Applications,
Information Management,
Location Intelligence,
Cirro,
Hive,
Tableau Software,
Strata+Hadoop
Human capital analytics used to be simple. It focused on compliance reporting, showed basic information and was an afterthought in most applications. Today analytics is the centerpiece of many human capital management applications and involves many sophisticated tools, because it delivers the some of the greatest value of any process in all HCM. Our next-generation workforce management benchmark research found that 61 percent of companies surveyed are planning to invest in improving their...
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Topics:
HCM,
OrcaEyes,
Analytics,
Business Analytics,
Cloud Computing,
Information Applications,
Workforce Performance,
Talent Management,
Workforce Planning
Business is starting to realize that taking advantage of big data is not just technically feasible but affordable by organizations of all sizes. However, as outlined in our agenda on big data and information optimization, the technology must be engineered to the information needs of business. HortonWorks has been steadily advancing its big data technology called Hadoop and contributing its developments back to the Apache Software Foundation for a range of projects. The company performs...
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Topics:
Big Data,
Microsoft,
Talend,
Teradata,
Simba,
Business Analytics,
Cloud Computing,
Hortonworks,
Informatica,
Information Applications,
Information Management,
HDP,
Hive,
Tez,
Strata+Hadoop
SnapLogic, a provider of data integration in the cloud, this week announced Big Data-as-a-Service to address businesses’ needs to integrate and process data across Hadoop big data environments. As our research agenda for 2013 outlines, dealing with data in the cloud is very important to organizations. At the same time, businesses need to be able to integrate their big data with all their technology assets, as I pointed out recently.
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Topics:
Big Data,
R,
Sales Performance,
Salesforce.com,
SnapLogic,
Operational Performance,
Business Analytics,
Cloud Computing,
Cloudera,
Customer & Contact Center,
Data Integration,
Information Applications,
Information Management
The first positive signs for the “the new Genesys” emerged just 100 days after its sale by Alcatel was completed last year, and those positive signs have continued. The company has not only maintained strong development of its core products but has also made an aggressive move into the contact center mid-market, the contact center in the cloud market, and the multichannel communications management market. It strengthens its position now with the announcement of its acquisition of Angel.com.
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Topics:
Social Media,
Customer Analytics,
Customer Experience,
Customer Feedback Management,
Social CRM,
Speech Analytics,
Voice of the Customer,
Genesys,
Mobile Apps,
Self-service,
Analytics,
Business Analytics,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Desktop Analytics,
Text Analytics,
Unified Communications,
Workforce Force Optimization
LogiXML has been around for more than a decade, but has seen particularly robust growth in the past year. Recent announcements show the company with better than 100-percent year-over-year growth, driven by a 97 percent license renewal rate and new customer growth in SMB, departmental and OEM deployments. The 158-percent growth for the embedded analytics group for the fourth quarter on a year-over-year basis was particularly strong.
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Topics:
Sales Performance,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Information Applications,
agile,
LogiXML
The challenge with discussing big data analytics is in cutting through the ambiguity that surrounds the term. People often focus on the 3 Vs of big data – volume, variety and velocity – which provides a good lens for big data technology, but only gets us part of the way to understanding big data analytics, and provides even less guidance on how to take advantage of big data analytics to unlock business value.
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Topics:
Big Data,
Microsoft,
SAP,
SAS,
Excel,
designed data,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
IBM,
Information Applications,
Location Intelligence,
Operational Intelligence,
Oracle,
SPSS
Transera is an established contact center in the cloud vendor with in-depth interaction routing capabilities. During a recent briefing I learned that it has now supplemented these capabilities by launching a new product that it calls Adaptive Customer Engagement. Although it’s not entirely obvious from the name, the product uses big data analytics to analyze past customer interactions, profile customers, then use these insights to optimize current and future customer-facing activities such as...
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Topics:
Customer Analytics,
Customer Experience,
Speech Analytics,
Analytics,
Business Analytics,
Cloud Computing,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Desktop Analytics,
Text Analytics,
Transera
Big data involves interplay between different data management approaches and business intelligence and operational systems, which makes it imperative that all sources of business data be integrated efficiently and that organizations be able to easily adapt to new data types and sources. Our recent big data benchmark research confirmed that big data storage technologies continue to follow many approaches, including appliances, Hadoop, and in-memory and specialized DBMSes. With the variety,...
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Topics:
Big Data,
Data Quality,
Master Data Management,
Business Technology Innovation,
IT Performance,
IT Research,
Business Analytics,
Business Intelligence,
Data Integration,
Information Applications,
Information Management,
Operational Intelligence
Cisco is without doubt best known as a supplier of networking systems. Its products have been used by companies large and small to build local and wide area networks. It has played in the contact center space as a provider of network and call management systems that sit between public networks and contact center agents to manage the delivery of interactions to the right extensions and provide agents with softphones so they can manage inbound and outbound calls. These systems were designed to...
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Topics:
Sales Performance,
Social Media,
Customer Experience,
Logitech,
Mobile Apps,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Customer Service,
Call Center,
Cisco,
Contact Center,
Contact Center Analytics,
CRM,
Unified Communications,
Upstream Works,
Social,
Workforce Force Optimization
I’ve been using electronic spreadsheets for more than 30 years. I consider this technology among the 20th century’s top five most important advances in business management. Spreadsheets have revolutionized every aspect of running any organization. A spreadsheet (specifically, VisiCalc) was the original “killer app” that made business people feel the necessity to buy a personal computer.
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Topics:
Sales Performance,
Supply Chain Performance,
Office of Finance,
Reporting,
enterprise spreadsheet,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
Visualization,
Workforce Performance,
Risk,
benchmark,
Financial Performance Management
LucidWorks addresses the growing volume of information now being stored in the enterprise and in big data with two products aimed at the enterprise with search technology. Though you may not be familiar with LucidWorks (previously known as Lucid Imagination), the company has for many years contributed to Apache Lucene, an open source search project, and commercialized and supported for it for business.
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Topics:
Big Data,
MapR,
Sales Performance,
IT Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Cloudera,
Customer & Contact Center,
Hortonworks,
Information Applications,
Information Management,
Operational Intelligence,
Search,
Strata+Hadoop
Profit Velocity Solutions’ PV Accelerator is an analytic application designed to enable capital-intensive companies to consistently achieve substantially wider margins and higher return on assets (ROA). Companies in industries such as specialty chemicals, building materials, integrated steel mills and silicon chip fabrication (to name just four) routinely fail to make the right decisions about pricing, production and sales management because they use analytic methods that, from an economic...
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Topics:
Performance Management,
Sales,
Sales Performance,
Supply Chain Performance,
Human Capital Management,
Office of Finance,
PV Accelerator,
Operational Performance,
Analytics,
Business Analytics,
Business Performance,
Cloud Computing,
Financial Performance,
Price Optimization,
Profit Velocity,
Profitability,
Software,
S&OP
Business intelligence software is supposed to help businesses access and analyze data and communicate analytics and metrics. I have witnessed improvements to BI software over the years, from mobile and collaboration to interactive discovery and visualization, and our Value Index for Business Intelligence finds a mature set of technology vendors and products. But even as these products mature in capabilities, the majority lack features that would make them easy to use. Our recent research on ...
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Topics:
Big Data,
Sales Performance,
Supply Chain Performance,
Mobile Technology,
Natural Language,
Business Technology Innovation,
IT Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
Discovery
Business analytics have become mainstream in most organizations. Our latest research in technology innovation found analytics was the top-ranked technology in 39 percent of organizations. To deepen the sophistication of their analytics, businesses can add geographic context and maps to business intelligence applications to create what we call location intelligence. Applications and tools with a geographic and spatial context can help deliver new and deeper insights to business. Information...
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Topics:
Sales Performance,
Social Media,
Geographic Information Systems,
GIS,
Location Analytics,
Spatial Data Quality,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Information Applications,
Information Management,
Location Intelligence
One of the important lessons company executives should have learned over the past 15 years is that it’s dangerous not to do contingency planning, a subject that I’ve written about before. By this I mean real, think-outside-the-box contingency planning (not just extrapolating), which is especially important when doing long-range planning. The past decade or so has been punctuated by periods of elevated volatility in financial and product markets, and there’s a good probability it will occur...
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Topics:
Big Data,
Planning,
Office of Finance,
Reporting,
Budgeting,
contingency,
currency,
driver-based,
Business Analytics,
Business Collaboration,
Business Performance,
Financial Performance,
Financial Performance Management,
Integrated Business Planning
Managing data efficiently across the enterprise continues to be a large challenge for both business units and IT. Organizations need data supplied in a consistent format and timely manner to help manage their activities and processes, but some do not look beyond conventional approaches to improvement. Today’s large volumes of data make it more difficult to understand the relationships among data and the role of location-related data. Our 2012 benchmark research on information management found...
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Topics:
Master Data Management,
Sales Performance,
Social Media,
MDM,
IT Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Cloud Computing,
Customer & Contact Center,
Data Governance,
Information Applications,
Information Management,
Location Intelligence,
DG
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Topics:
Big Data,
Splunk,
IT Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Information Applications,
Information Management,
Machine data,
Operational Intelligence
IBM this week announced its pending acquisition of the Star Analytics product portfolio. Star Analytics is a privately held company that offers products designed to provide easy access to and integration with Oracle Hyperion data sources. While Star Analytics has a good product and solid references, it has lacked critical mass to support more effective sales and marketing efforts. Star Analytics’ strategic value to IBM lies in its ability to unlock data held in Oracle Essbase multidimensional...
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Topics:
Reporting,
closing,
Essbase,
Hyperion,
Analytics,
Business Analytics,
Business Performance,
Cloud Computing,
Data Integration,
Financial Performance,
IBM,
Information Management,
Oracle,
Financial Performance Management,
Star Analytics,
TM1
MicroStrategy CEO Michael Saylor has a keen sense of where things are headed. He sees mobile and social as the two drivers of a world based largely in software. Last year I covered the announcements at the MicroStrategy events in Amsterdam and the vision Saylor put forth in his keynote speech. MicroStategy World 2013 last month finds the company delving into such diverse areas as identity management, marketing services and integrated point-of-sale applications. The uniting factor is mobile...
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Topics:
MicroStrategy,
Mobile,
Sales Performance,
Social Media,
Customer Experience,
alert,
Mobile Intelligence,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Location Intelligence,
Operational Intelligence
Human capital analytics is an area increasingly under discussion in businesses today as the linkages between employee performance and company success become increasingly clear, as do the roles analytics can play in maximizing that success. This intensified interest in analytics coincides with major changes in the processes of hiring, engaging, retaining and optimizing talent in the enterprise. It also reflects the impact of technology innovations such as cloud computing, the business use of...
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Topics:
HCM,
Human Capital Management,
Business Analytics,
Business Intelligence,
Cloud Computing,
Information Management,
Workforce Performance,
HR
The electronic spreadsheet is among the top five most important advances in business management to come along in the last hundred years. It revolutionized almost all aspects of running an organization. It was the original “killer app” that made it necessary for people to go out and buy a personal computer. Yet our recent benchmark research project Spreadsheet Use in Today’s Enterprise confirmed advice we have been giving for the past decade: Spreadsheets are a fabulous tool but they have...
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Topics:
Office of Finance,
Reporting,
enterprise spreadsheet,
Analytics,
Business Analytics,
Business Performance,
Financial Performance,
Visualization,
Risk,
benchmark,
Financial Performance Management
Read More
Topics:
Sales Performance,
Social Media,
Supply Chain Performance,
Human Capital Management,
Kenexa,
Learning,
Performance,
Recruiting,
Smarter Analytics,
Smarter Workforce,
Social Business,
Social Collaboration,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
IBM,
Workforce Performance,
Compensation
Taxes – both indirect (sales or value added taxes, for example) and direct (income taxes) – are one the largest expense items on the corporate income statement. In recent years it has become common for large and even midsize companies to automate their indirect tax management process, but direct tax management has remained a bastion of manual processes built on a heap of desktop spreadsheets. In previous blog posts I discussed this issue and the role of the tax data warehouse as a necessary...
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Topics:
ERP,
GRC,
Office of Finance,
audit,
finance transformation,
Tax,
Analytics,
Business Analytics,
Business Performance,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Management,
CFO,
Vertex,
FPM
The proper use of technology enables businesses to be more efficient. Our recent research into technology for business innovation found that 56 percent indicate innovative technology is very important, yet only 9 percent are very satisfied with theirs, showing plenty of room for improvement. As we enter 2013, businesses have more choices than ever for technology to improve business and IT. Our firm has identified six key technologies that give organizations significant competitive advantages:...
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Topics:
Big Data,
Sales Performance,
Social Media,
Supply Chain Performance,
Mobile Technology,
Social Collaboration,
IT Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
CMO,
COO,
CTO
Banking giant JP Morgan raised eyebrows in 2012 when it revealed that it had lost a substantial amount of money because of poorly conceived trades it had made for its own account. The losses raised questions about the adequacy of its internal controls, and broader questions about the need for regulations to reduce systemic risk to the banking system. At the heart of the matter were the transactions made by “the London Whale,” the name given to a JP Morgan’s trading operation in the City by its...
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Topics:
Sales,
Sales Performance,
GRC,
Office of Finance,
error,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Financial Performance,
Information Management,
Data,
controls
Actuate this week announced BIRT Analytics, and thereby puts itself firmly into supporting a range of business analytics needs from data discovery and visualization to a range of data mining and predictive capabilities that allows itself new avenues of growth. Actuate has long been a staple of large Business Intelligence deployments; in fact the company claims that ActuateOne delivers more insights to more people than all other BI applications combined. This is likely true, given that Actuate...
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Topics:
Data Scientist,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
CIO,
Financial Performance,
Information Applications,
Operational Intelligence,
Data Discovery,
commodity model,
Quinterian
SAP just released strong preliminary quarterly and annual revenue growth, which in many ways can be attributed to a strong strategic vision around the HANA in-memory platform and strong execution throughout the organization. Akin to flying an airplane while simultaneously fixing it, SAP’s bold move to HANA may at some point see the company continuing to fly when other companies are forced to ground parts of their fleets.
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Topics:
Sales,
Sales Performance,
SAP,
Supply Chain Performance,
Business Objects,
Business Objects predictive analytics,
Crystal reports,
Operational Performance,
Visi,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
IBM,
Operational Intelligence,
Workforce Performance,
cognos insight,
SAP predictive analytics,
Sybase IQ
Human capital is most organizations’ largest investment and one of their largest differentiators against the competition. So it follows that those that take advantage of the compelling, game-changing technology now available in human capital management (HCM) will place themselves at a competitive advantage.
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Topics:
Big Data,
Social Media,
HCM,
Human Capital Management,
Learning,
Office of Finance,
Social Collaboration,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Information Applications,
Information Management,
Workforce Performance,
CFO,
Compensation,
finance,
HR,
Talent Management,
Workforce Management
Managing the access, storage and use of data effectively can provide businesses a competitive advantage. Last year I outlined what the big deal is in big data, as the initial focus on the volume, velocity and variety of data – what my colleague Tony Cosentino calls the three V’s – is only one small piece of how organizations should evaluate this technology. The more balanced approach is to include what he calls the three W’s – the what, so what and now what, which shifts the focus to an...
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Topics:
Big Data,
Master Data Management,
Predictive Analytics,
Sales Performance,
MDM,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Data Governance,
Data Integration,
Financial Performance,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Product Information Management
Did you catch all the big data analogies people used in 2012? There were many, like the refinement of oil analogy, or the spinning straw into gold analogy, and less useful but more entertaining ones, like big data is like a box of chocolates, or big data is like The Matrix (because “there’s no way Keanu Reeves learns Kung Fu in five seconds without using big data”). I tend to like the water analogy, which I’ll use here to have a little fun and to briefly describe how I see the business...
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Topics:
Big Data,
Sales Performance,
Social Media,
Supply Chain Performance,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
Data
At the beginning of 2012 Ventana Research predicted that six major technologies would have an impact on the provision and supply of IT systems, and that these would bring about innovation in the way organizations support their business. Each of the six – business and social collaboration, mobile, analytics, cloud computing, social media and big data – has affected how organizations engage with their customers, but I don’t believe the full impact has yet been fully realized. Indeed, in some...
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Topics:
Social Media,
Customer Analytics,
Customer Experience,
Customer Feedback Management,
Social CRM,
Speech Analytics,
Voice of the Customer,
Mobile Apps,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Desktop Analytics,
Text Analytics,
Unified Communications,
Workforce Force Optimization
Read More
Topics:
Mobile,
Predictive Analytics,
Real-time,
Sales Performance,
SAP,
Supply Chain Performance,
ERP,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
In-memory,
Workforce Performance,
CRM,
finance,
Social,
Business Suite,
Financial Performance Management,
HANA
Despite the recession, 2012 was a busy year in the contact center, customer service and customer experience markets. Ventana Research completed four benchmark research studies into customer relationship maturity, contact center in the cloud, customer feedback management and agent desktop. Overall these show that organizations are slowly maturing in the processes, people, information and technology they use to support customer-facing activities. However, they also show many of the old issues...
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Topics:
Social Media,
Customer Analytics,
Customer Experience,
Customer Feedback Management,
Social CRM,
Speech Analytics,
Voice of the Customer,
Mobile Apps,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Desktop Analytics,
Text Analytics,
Unified Communications,
Workforce Force Optimization
Businesses always see a lag between when technology makes some advance possible and when a majority of companies actually adopt it. There’s even a longer lag between the emergence of an advance in a business process or technique and the time it takes to become mainstream. When we write our research agendas at the top of each year, we have to strike a balance between focusing on the new and different, which is still many years away from general acceptance, and the mainstream, which has been...
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Topics:
Big Data,
Planning,
Predictive Analytics,
Sales Performance,
Governance,
GRC,
Office of Finance,
Budgeting,
close,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
CIO,
Cloud Computing,
Financial Performance,
Governance, Risk & Compliance (GRC),
In-memory,
Workforce Performance,
CFO,
Risk,
CEO,
Financial Performance Management,
FPM
Revolution Analytics is a commercial provider of software and services related to enterprise implementations of the open source language R. At its base level, R is a programming language built by statisticians for statistical analysis, data mining and predictive analytics. In a broader sense, it is data analysis software used by data scientists to access data, develop and perform statistical modeling and visualize data. The R community has a growing user base of more than two million worldwide,...
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Topics:
Big Data,
SAS,
IT Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Information Management,
Operational Intelligence,
SPSS
Happy New Year to all my readers and followers. I hope everyone has gotten some rest and is ready for a great 2013. 2012 was a busy year in which we saw a critical inflection point, where an elevated focus on new methods and innovative technological approaches such as big data, business analytics, business and social collaboration, cloud computing, mobile technology and social media become part of the mainstream business and IT dialogue. These technologies are beginning to be part of or...
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Topics:
Big Data,
Sales Performance,
Social Media,
Supply Chain Performance,
Market Research,
Mobile Technology,
Social Collaboration,
IT Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
Technology
Customers have always been important to companies, but what are the best metrics to measure the success of customer-related activities, and how well companies meet customer expectations?
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Topics:
Customer Analytics,
Customer Feedback Management,
Speech Analytics,
Voice of the Customer,
Analytics,
Business Analytics,
Customer & Contact Center,
Contact Center Analytics,
Desktop Analytics,
Text Analytics
It’s hard to believe that Salesforce.com was launched only 14 years ago. It has since grown into a multi-billion-dollar company that has changed the way companies source software. Back in the early days its two primary messages were “the end of on-premises software” and “a new era of CRM in the cloud.” Today the first message seems to have softened somewhat, with its own website talking about products and applications, and of course many companies still use traditional on-premise applications....
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Topics:
Salesforce.com,
Social Media,
Customer Analytics,
Customer Experience,
Social CRM,
Voice of the Customer,
Mobile Apps,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Collaboration,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM
Ventana Research has been researching and advocating operational intelligence for the past 10 years, but not always with that name. From the use of events and analytics in business process management and the need for hourly and daily operational business intelligence, but its alignment with traditional BI architecture didn’t allow for a seamless system, so a few years later the discussion started to focus around business process management and the ability of companies to monitor and analyze BPM...
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Topics:
Big Data,
SOA,
Supply Chain Performance,
business activity monitoring,
business process monitoring,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Complex Event Processing,
Customer & Contact Center,
Operational Intelligence,
Service Cloud
This is the third in a series of blog posts on what CEOs (and for that matter, all senior corporate executives) need to know about IT and its impact on running a business. The first covered the high-level issues. As I noted, it’s not necessary for a CEO to be able to write Java code or master the intricacies of an ERP or sales compensation application. However, CEOs must grasp the basics of IT just as they must understand basic corporate finance, the production process and – at least at a high...
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Topics:
Planning,
Predictive Analytics,
Sales,
Sales Performance,
Customer,
Human Capital Management,
Office of Finance,
Budgeting,
close,
closing,
PRO,
Operational Performance,
Analytics,
Business Analytics,
Business Performance,
Customer & Contact Center,
Financial Performance,
Information Management,
CFO,
CEO,
FPM,
Profitability,
SPM
I recently returned from Sweden, where QlikTech International hosted its annual analyst “unsummit.” Much of the information I was exposed to was under NDA, so I cannot talk about it here. What I can discuss, and what in many ways may be more interesting and more important, is the company’s focus on culture and philosophy.
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Topics:
Big Data,
Data Visualization,
QlikView,
Tableau,
Google,
discovery analytics,
exploratory analytics,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Information Applications,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
Impala,
big query,
Qliktech
We recently completed our benchmark research on next-generation business intelligence. Ventana Research looks as next-generation BI as a function of traditional BI that is converging with new technologies such as mobility, collaboration and cloud computing. Just a few years ago business intelligence might have been considered a mature category with incremental growth, but now it’s growing in new directions and it’s difficult today to call business intelligence mature.
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Topics:
Mobile,
Sales Performance,
Social Media,
Supply Chain Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Financial Performance,
Operational Intelligence,
Workforce Performance
IBM Watson blends existing and innovative technology into a new approach called cognitive computing. At the simplest operational level it is technology for asking natural language-based questions, getting answers and support appropriate action to be taken or provide information to make more informed decisions. The technology relies on massive processing power to yield probabilistic responses to user questions using sophisticated analytical algorithms. A cognitive system like Watson accesses...
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Topics:
Sales Performance,
Supply Chain Performance,
Machine Learning,
IT Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Financial Performance,
IBM,
Information Management,
Workforce Performance,
Cognitive Computing,
Expert Systems,
IBM Watson
GoodData has been around since 2007, but it has seen especially explosive growth in the last year due to the fast adoption of cloud Business Intelligence. In a recent meeting, Roman Stanek, the company’s CEO, told me GoodData has more than 6,000 customers, and that many of these are household names. Given that he publicly stated a customer base of around 2,500 last year, it appears that the company’s growth is on an exponential curve. This momentum is attracting significant investment in the...
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Topics:
Sales Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center
Big data was big news in 2012 and probably in 2013 too. The Harvard Business Review talks about it as The Management Revolution. The Wall Street Journal says Meet the New Boss: Big Data, and Big Data is on the Rise, Bringing Big Questions. Given big data’s popularity in the press, you might think that the technology market is only about big data and how companies use the vast and growing amount of data now available to organizations. While this technology can provide a significant opportunity,...
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Topics:
Big Data,
Data Warehousing,
Predictive Analytics,
Social Media,
Harvard Business Review,
Wall Street Journal,
IT Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Management,
Technology Innovation,
Strata+Hadoop
I recently started a series of blog posts on what CEOs (and for that matter, all senior corporate executives) need to know about IT. The first covered the high-level issues. As I noted there, it’s not necessary for a CEO of a company to be able to write Java code or master the intricacies of an ERP or sales compensation application. However, CEOs must grasp the basics of IT just as they must understand basic corporate finance, the production process and – at least at a high level – the...
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Topics:
Big Data,
Mobile,
SaaS,
Sales Performance,
Social Media,
Supply Chain Performance,
Customer,
ERP,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Complex Event Processing,
Customer & Contact Center,
Financial Performance,
In-memory,
Information Management,
Workforce Performance,
CFO,
CEO,
PaaS
The technology ecosystems are expanding rapidly and the use of big data and cloud computing challenge organizations to process information efficiently and deliver consistent high-quality data. To address these issues, Informatica has introduced two new offerings.
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Topics:
Big Data,
Social Media,
Operational Performance,
Business Analytics,
Business Performance,
Cloud Computing,
Data Integration,
Informatica,
Information Applications,
Information Management,
Strata+Hadoop
Tableau Software is growing fast. Tableau has taken a “land and expand” strategy that drives what they call the democratization of analytics within organizations. Tableau has enjoyed first mover advantage in the area of exploratory analytics called visual discovery, a growing type of business analytics that allows companies to easily visualize data in a descriptive manner, but the company is facing competition as deep-pocket companies such as IBM, SAP and others become more aggressive in the...
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Topics:
Big Data,
Data Visualization,
Sales Performance,
Tableau,
Google,
discovery analytics,
exploratory analytics,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Operational Intelligence,
Impala,
big query
Business analytics has become the highest ranked technology innovation, according to our benchmark research on business technology innovation, but a lack of trained resources and inefficient technology have hampered the best of organizations when they attempt to roll out analytics. Our benchmark research on business analytics in 2012 found that the majority of analysts in organizations spend more of their time on data-related activities than on analytic tasks, and our 2013 research on business...
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Topics:
Big Data,
Sales Performance,
Social Media,
Supply Chain Performance,
Narrative Science,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
Workforce Performance,
Expert Systems,
Digital Technology
Read More
Topics:
Sales Performance,
SAP,
Social Media,
Supply Chain Performance,
Peoplefluent,
Planview,
Research,
Splunk,
IT Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
IBM,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
Ceridian,
CFO,
CMO,
COO,
Datawatch,
Saba,
Technology
Read More
Topics:
Customer Analytics,
Customer Experience,
Speech Analytics,
Voice of the Customer,
Callminer,
Analytics,
Business Analytics,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Desktop Analytics,
Text Analytics
Workforce management software vendor Kronos released its financial results at its 15th annual KronosWorks conference (#KronosWorks12) this week. As a private company Kronos had $870 million in revenue for its 2012 fiscal year ending in September, making Kronos one of the largest software and technology companies in the world. Our benchmark research into next-generation workforce management finds the most important technology priorities are collaboration (70%), analytics (68%) and mobility...
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Topics:
Mobile Technology,
Business Analytics,
Business Collaboration,
Cloud Computing,
Information Applications,
Tablets,
Workforce Analytics,
Workforce Management
The idea of devising and using maturity assessments to improve business performance has been a staple of management, functional and strategic consultants for decades. It’s based on two unassailable principles. One is the general assertion that companies differ in their ability to do anything along a range from nonexistent to advanced. The second is that at any time it’s possible for a knowledgeable individual to construct a scale of competence for some business function from least to most...
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Topics:
Performance Management,
Sales Performance,
Social Media,
Supply Chain Performance,
Customer Experience,
Governance,
IT Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
benchmark,
FPM
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Topics:
discovery tools,
exploratory analytics,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Financial Performance,
Operational Intelligence,
Cognos,
cognos enterprise,
cognos express,
cognos insight
At the recent Teradata’s annual Partners user conference, the company outlined its expanding role as a provider distributed information architecture technology. My colleague Tony Cosentino assessed Teradata’s business analytics and big data strategy, but there is more under the covers in regards to the company’s expanding role for big data and enterprise architectures. Over the last several decades Teradata has been known for providing enterprise data warehouse appliances, such as its unveiling...
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Topics:
Big Data,
QlikView,
SAS,
alteryx,
IT Performance,
Business Analytics,
Hortonworks,
Information Management,
Location Intelligence,
Operational Intelligence,
Strata+Hadoop
Ventana Research has just released the 2012 Value Index for Business Intelligence, in which we evaluate the competency and maturity of vendors and products. Our firm has been researching this software category for almost a decade. Our latest benchmark research in business intelligence found that new technology advancements in business intelligence are critical to its future; more than two-thirds of organizations will use BI on mobile technology in the next year, and more than a fifth will do so...
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Topics:
Microsoft,
MicroStrategy,
Pentaho,
QlikView,
Sales Performance,
SAP,
SAS,
Social Media,
Supply Chain Performance,
IT Performance,
Jaspersoft,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
IBM,
InetSoft,
Information Applications,
Information Builders,
Information Management,
Location Intelligence,
Operational Intelligence,
Oracle,
Tibco,
Workforce Performance,
arcplan,
LogiXML,
Spago Solutions
Salesforce.com launched more than 12 years ago as the founding CRM vendor in the cloud. Today it has grown to be the kitchen-sink vendor in the cloud. It seems every month it announces some new cloud service, and its services now cover almost the entire enterprise: sales, marketing, service, HR, finance and a list of supporting services that make it hard to determine just what the company now has to offer. Two things remain clear, however: Salesforce.com has established cloud computing as a...
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Topics:
Sales,
Social Media,
Customer Analytics,
Customer Experience,
Social CRM,
Voice of the Customer,
Mobile Apps,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
CRM,
Text Analytics,
Unified Communications
Unlike other recent conferences that seem to focus almost exclusively on cloud computing, this week’s Teradata Partners Conference emphasized big data and analytics. The vision that Teradata lays out is one in which new technologies such as Apache Hadoop live side by side with more traditional enterprise data warehouses (EDW) and companies have the flexibility to define their own approaches to BI tools. This approach, at least in the near and medium terms, makes a lot of sense, and is backed by
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Topics:
Big Data,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Information Applications,
Information Management,
Operational Intelligence,
Teradata Aster
SAP has inaugurated a new series of business applications it calls Enterprise Performance Management (EPM) OnDemand as a cloud-based subscription service. The applications are part of SAP’s EPM version 10 suite, which it introduced last year. It’s a first step in what is likely to be a portfolio of general-purpose, lightweight and relatively low-cost apps designed to be used on mobile devices. Using HANA on the back end, the applications can deliver high performance in accessing masses of...
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Topics:
Big Data,
Performance Management,
Sales Performance,
SAP,
Supply Chain Performance,
Office of Finance,
expense,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Workforce Performance,
Business Applications,
FPM,
HANA
Our new world of multifaceted customer communications is driven by moments of interaction with the brand, often called moments of truth. Today’s call center analytics put companies in a position to manage these moments. Analytics that are specific to the call center include desktop analytics, event stream analytics, speech analytics, text analytics, cross-channel analytics and predictive modeling. These analytics, in turn, drive areas such as agent training and coaching, time and capacity...
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Topics:
Customer Engagement,
Customer Experience,
customer life cycle,
call center analytics,
capacity utilization,
Operational Performance,
Business Analytics,
Business Intelligence,
Customer & Contact Center,
Workforce Performance,
Call Center,
Workforce Analytics,
NPS
At the SAP TechEd conference in Las Vegas this week, the global software giant unveiled the latest versions of its technology, platforms and applications across the cloud, mobile and on premises. SAP executive Vishal Sikka followed up in person to his written response to the statements Oracle CEO and Chairman Larry Ellison made at Oracle OpenWorld on the limited nature of SAP’s HANA in-memory computing technology. Sikka presented a SAP HANA server with 100 terabytes of DRAM processing 1...
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Topics:
SAP,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Information Management,
SAP HANA,
SAP NetWeaver
I had the opportunity last week to visit PivotLink in the Bellevue, Washington, office that houses the company’s development team and marketing leadership to see its software. After taking the helm a little more than a year ago and putting a new team in place, CEO Bruce Armstrong has positioned the company above the fray of the crowded business intelligence software set. The company has smartly moved into the retail space with user-friendly tools that should appeal to mid-tier retailers and...
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Topics:
Retail Analytics,
Sales Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Location Intelligence
During its annual industry analyst summit this week, human capital management software vendor SumTotal Systems introduced new heads of finance, marketing and sales, and talked about expanding operations in Europe and Asia-Pacific – all part of a business growth strategy that I am sure the company’s private equity owner is expecting. While I wrote about the company earlier this year, SumTotal now says it has signed up 85 new customers so far in 2012 for its human capital management suite, and...
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Topics:
Social Media,
Human Capital Management,
Mobile Technology,
Recruiting,
Social Collaboration,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Workforce Performance,
Talent Management,
Workforce Management
Our benchmark research into retail analytics suggests that only 34 percent of retail companies are satisfied with the process they currently use to create analytics. That’s 10 percent fewer businesses satisfied than we found for all industries combined. The dissatisfaction is being driven by underperforming technology that cannot keep up with the dramatic changes that are occurring in the retail industry. Retail analytics lag those in the broader business world, with 71 percent still using...
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Topics:
Big Data,
Retail Analytics,
SaaS,
Sales Performance,
Social Media,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Collaboration,
Operational Intelligence
Unless you have some combination of a very strong credit rating, a high income-to-debt payment ratio and a relatively low loan-to-value ratio, it’s not especially easy to refinance a mortgage these days. That’s a shame, because there are plenty of people who have stayed current in meeting their credit obligations and whose mortgages are comfortably below current market value who could benefit from today’s record low interest rates. One major reason they can’t refinance is the collapse of...
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Topics:
Office of Finance,
XBRL,
Analytics,
Business Analytics,
Business Performance,
Financial Performance,
finance,
capital markets
At Oracle OpenWorld this week I focused on what the company is doing in business analytics, and in particular on what it is doing with its Exalytics In-Memory Machine. The Exalytics appliance is an impressive in-memory hardware approach to putting right-time analytics in the hands of end users by providing a full range of integrated analytic and visualization capabilities. Exalytics fits into the broader analytics portfolio by providing support for Oracle BI Foundational Suite including OBIEE,...
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Topics:
Big Data,
SAP,
exadata,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Exalytics,
IBM,
Oracle
Read More
Topics:
Big Data,
Sales Performance,
Social Media,
Supply Chain Performance,
Market Research,
Research,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
CMO,
Industry Analyst,
Influencers,
Technology Vendors
I attended Oracle’s annual OpenWorld conference this week. The company claims it holds the world’s largest technology conference, with 50,000 attendees and a million people viewing sessions online. It was a great opportunity to get close to the Oracle Fusion Applications, which the company presented as proven and ready, with customers using them on-premises and in private and public cloud computing usage methods. In keynotes from executives Larry Ellison, Mark Hurd and Thomas Kurian and...
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Topics:
Sales,
Sales Performance,
Salesforce.com,
SAP,
Social Media,
Mobile Technology,
Social Collaboration,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Information Management,
Oracle,
Workforce Performance,
CRM,
SFA,
Workday,
Workforce Analytics
Two key themes that emerged from Larry Ellison’s Sunday night keynote at this year’s Oracle OpenWorld were faster processing speed and cheaper storage. An underlying purpose to these themes was to assert the importance of Oracle’s strategic vertical integration of hardware and software with the acquisitions of Sun. I try to view technology keynotes like this from the perspective of a practical business user. Advancements such of these are important because enhancing the performance and...
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Topics:
Big Data,
Customer Experience,
executive,
IT Performance,
Business Analytics,
Business Performance,
Data Management,
Financial Performance,
In-Memory Computing,
Information Management,
Business Process Management,
Data,
FPM
IBM acquired SPSS in late 2009 and has been investing steadily in the business as a key component of its overall business analytics portfolio. Today, SPSS provides an integrated approach to predictive analytics through four software packages: SPSS Data Collection, SPSS Statistics, SPSS Modeler and SPSS Decision Management. SPSS is also integrated with Cognos Insight, IBM’s entry into the visual discovery arena.
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Topics:
Predictive Analytics,
Social Media,
IT Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Customer & Contact Center,
IBM,
Workforce Performance,
SPSS
Effective capital planning and capital investment are vital to a company’s long-term success. The choices a company makes – how much to invest and in which facilities or projects – have a profound effect on its long-term success. For that reason, companies take pains to ensure that these decisions support their long-term strategies and are made as rationally as possible. Because Ventana Research is frequently involved in software acquisition discussions, return on investment is a topic we...
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Topics:
Planning,
Office of Finance,
Reporting,
Business Analytics,
Business Performance,
Financial Performance,
finance,
capital budget,
capital spending,
FPM
Exactly what is the relationship between workforce analytics and big data? Most of the use cases for big data seem to revolve around marketing, social media and customer service initiatives where unstructured data sources reveal big value. Our research into big data analytics suggests a prime benefit of big data is in the ability to retain and analyze larger amounts of data and to increase the speed of analysis. However, workforce analytics does not suffer from an overwhelming amount of data,...
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Topics:
Big Data,
Human Capital Management,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Financial Performance,
Workforce Performance
Voice Print International recently announced it has selected Hewlett-Packard’s Autonomy to deliver speech and multi-channel analytics. This news means VPI joins a small group of vendors that can provide a view of customer interactions across multiple communication channels, which is of growing importance to companies. My research into the contact center in the cloud shows that companies now support an average of four to five channels of interaction with customers. Without a multi-channel view...
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Topics:
Customer Analytics,
Customer Experience,
Speech Analytics,
Voice of the Customer,
VPI,
Management,
Analytics,
Business Analytics,
Cloud Computing,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Desktop Analytics,
Text Analytics
Salesforce is a global software-as-a-service (SaaS) company to be reckoned with. The swarming crowds at its Dreamforce event last week were estimated to exceed 90,000. The company is rapidly growing an ecosystem that includes Sales, Service and Marketing Clouds; Force.com for building applications; and Data.com for storing data in the cloud centrally for use across Salesforce products. It is also focusing on social computing, as I outlined at the beginning of the event. Hundreds of Salesforce...
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Topics:
Master Data Management,
Sales Performance,
Salesforce.com,
Social Media,
SnapLogic,
Zyme Solutions,
IT Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Data Governance,
Data Integration,
Governance, Risk & Compliance (GRC),
Informatica,
Information Builders,
Information Management,
Data,
data integrity,
database.com,
Kapow
I was at the Salesforce.com Dreamforce conference this week to hear about the latest advancements from the cloud computing software giant. Salesforce has helped revolutionize cloud computing for business, and its social media and collaborative technologies help advance business processes in sales, customer service and improve the interactions between employees, partners and customers. Salesforce has made great advancements in cloud, social and mobile technology, as I have assessed and my...
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Topics:
Big Data,
Predictive Analytics,
QlikView,
Sales Performance,
Salesforce.com,
Social Media,
Gooddata,
SnapLogic,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
InetSoft,
Information Applications,
Information Management,
KXEN,
Operational Intelligence,
Cloud9 Analytics,
Domo,
Information Builder iway,
Roambi
Thinking about big data and the swirling world of analytics that surrounds it can be overwhelming. Broad-based organizational and technological changes are driving a new industrial constitution built on time-to-value and closed-loop systems of organizational and machine learning. As I analyze our next-generation business intelligence benchmark research results, I see trends in collaboration and mobile technology that will have a profound impact on business for generations to come. Given these...
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Topics:
Big Data,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence
The annual Salesforce.com Dreamforce conference (Twitter: #DF12), just underway, may be the largest software conference ever, with attendance, physically and on the Internet, expected to be 90,000. Certainly, as one of the largest software events of 2012, this conference will be heavily covered via social media, while under the roof of the Moscone Center and surrounding hotels Salesforce will be demonstrating the power of using social media concepts in the enterprise and combining those...
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Topics:
Sales Performance,
Salesforce.com,
Supply Chain Performance,
Research,
SFDC,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
Operational Intelligence,
Workforce Performance,
Dreamforce
I attended Taleo World to see how well Oracle is integrating Taleo after acquiring the company in 2012. I assessed the announcement by Oracle earlier this year; it was clear then that Oracle needed to make this acquisition to boost its cloud computing and talent management efforts. In the three-hour keynote session, a business overview and software demonstrations indicated what Oracle has in store for the applications and how it plans to fuse its applications and technology to add value to...
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Topics:
Social Media,
Human Capital Management,
Recruiting,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance,
Oracle,
Workforce Performance,
HireVue,
Hiring,
HR,
JobVite,
Talemetry,
Taleo
As I listened to the keynote address at, conf2012, the annual Splunk user conference, my initial impression was that the company was spreading itself too thin. The company highlighted four rather formidable areas of organizational focus: Enterprise 5.0, the company’s flagship data platform, which is now in beta; Development, which is support for building applications and integrating Splunk within the broader IT infrastructure; Content, the continued development of core applications and use...
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Topics:
Big Data,
Splunk,
data fabric,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Operational Intelligence,
Digital Technology
Ventana Research has just released the 2012 Value Index for Data Integration, in which we evaluate the competency and maturity of vendors and products. Our firm has been researching this software category for almost a decade. Our latest benchmark research in information management found that data integration is a critical component of information management strategies, according to 55 percent of organizations. Our benchmark research on organizations using this software not only uncovers best...
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Topics:
Big Data,
Master Data Management,
Microsoft,
Pentaho,
Sales Performance,
SAP,
SAS,
Social Media,
Supply Chain Performance,
Talend,
SnapLogic,
IT Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Mobility,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Data Governance,
Data Integration,
Financial Performance,
Governance, Risk & Compliance (GRC),
IBM,
Informatica,
Information Applications,
Information Builders,
Information Management,
Location Intelligence,
Oracle,
Workforce Performance,
Syncsort
If you’re considering purchasing a financial performance management (FPM) suite, you shouldn’t overlook a recent entrant in the category, Tagetik (which sort of rhymes with “magnetic”). The company, which was founded in 1986 and is based in Lucca, Italy, began by focusing mainly on Europe, but has extended its efforts in the United States in the past two years. Tagetik 4.0 is an elegant implementation of a financial performance management suite running on Microsoft’s SharePoint infrastructure.
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Topics:
Big Data,
Planning,
Office of Finance,
Reporting,
Budgeting,
close,
Consolidation,
Controller,
SharePoint,
XBRL,
Business Analytics,
Business Collaboration,
Business Performance,
Dashboards,
Financial Performance,
Workforce Performance,
CFO,
Tagetik,
FPM
I had a refreshing call this morning with a vendor that did not revolve around integration of systems, types of data, and the intricacies of NoSQL approaches. Instead, the discussion was about how its business users analyze an important and complex problem and how the company’s software enables that analysis. The topic of big data never came up, and it was not needed, because the conversation was business-driven and issue-specific.
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Topics:
Big Data,
Datameer,
Predictive Analytics,
Sales Performance,
Supply Chain Performance,
Planview,
SuccessFactors,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Financial Performance,
IBM,
Information Management,
Operational Intelligence,
Workforce Performance,
PivotLink
After this summer’s SAS European analyst event, I wrote that I came away less than convinced SAS was truly committed to the cloud, based largely on the fact that most other vendors are blowing their cloud trumpets much louder than SAS. It seemed developments in and around customer intelligence and its other products were higher priority to the company than its cloud strategy. However, after a recent update, I was left with no doubt that the cloud is important to SAS and that the company has a...
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Topics:
SAS,
Customer Analytics,
Customer Data Management,
Speech Analytics,
Voice of the Customer,
Operational Performance,
Analytics,
Business Analytics,
Cloud Computing,
Customer & Contact Center,
Call Center,
Contact Center,
Contact Center Analytics,
Desktop Analytics,
Text Analytics
One of the community groups to which I donate my time is an organization that puts on a Concours d’Élegance – a vintage car show. Such Concours date back to seventeenth-century France, when wealthy aristocrats gathered to see who had the best carriages and most beaudacious horses. Our Concours serves as the centerpiece to a broader mission of raising money for several charities. There a many such events in the United States and elsewhere, but this one, which has been held every year since 1956,...
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Topics:
Big Data,
GRC,
IT Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
CIO,
Financial Performance,
Information Management,
Operational Intelligence,
CFO,
finance,
Talent Management,
FPM
Our research consistently finds that defects in data are the root cause of a wide range of problems encountered by modern corporations. The magnitude of the problem correlates with the size of the company: Big companies have bigger headaches than midsize ones. Data issues diminish productivity in every part of a business as people struggle to correct errors or find workarounds. Issues with data are a man-made phenomenon, yet companies seem to treat bad data as some sort of force of nature like...
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Topics:
Big Data,
Predictive Analytics,
Sales Performance,
Supply Chain Performance,
GRC,
IT Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
CIO,
Customer & Contact Center,
Financial Performance,
Information Management,
Operational Intelligence,
Workforce Performance,
CFO,
finance,
FPM
A study by the McKinsey Global Institute published earlier this year suggests a coming shortage of more than 140,000 workers with deep analytical skills and a shortage of more than 1.5 million data-literate managers. I’m not sure how the study defined these roles, but I’d guess that those with deep analytic skills are those folks building the complex models, and the data-literate managers are those executives, middle managers and analysts who interpret the results and use the models to help...
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Topics:
Big Data,
Data Scientist,
Predictive Analytics,
Sales Performance,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Operational Intelligence,
Workforce Performance
In my last rant, on business analytics and the pathetic state of dashboards, I pointed out significant flaws in business intelligence software created by technology providers and in how it is being deployed by business and IT. Now I want to follow up with some insight on disconnects to a critical asset that is essential to the success of business analytics. I mean key performance indicators (KPIs), a term used in inaccurate ways that have diminished the value of the concept for business.
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Topics:
Sales Performance,
Social Media,
Supply Chain Performance,
Sustainability,
KPI,
IT Performance,
Key Performance Indicators,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance
Over the last several months, my colleague VP and Research Director Tony Cosentino and I have been assessing vendors and products in the business intelligence market as part of our upcoming Value Index. Tony recently wrote about the swirling world of business analytics, covering many of the dynamics of this industry. He and I have been reviewing the breadth and depth of over 15 of these vendors using our Value Index methodology, which examines the products closely in terms of usability,...
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Topics:
Sales Performance,
Supply Chain Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Dashboards,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Management,
Location Intelligence,
Workforce Performance,
Expert Systems