Business intelligence - Articles - Page 10

More Than 90 Percent of Execs Feel Big Data Is of Great Value to Their Organizations

September 15, 2014

Big data is a big buzzword in retail and while the term can be ambiguous, 92 percent of executives say they're satisfied with the results of big data applications within their organizations.

Is Traditional Wireless Internet Network, Built for Smartphones, Suitable for Internet of Things?

September 12, 2014

Business Week

There will be over 20 million devices designed to automatically relay information over the internet by 2022, according to Machina Research. For most of these "things," traditional wireless internet networks will be a pretty poor choice.

How Power of Inventory Visibility Can Be Destructive Force

September 10, 2014

RIS News

Inventory visibility is critical to cross-channel flexibility, but a tiered approach to store fulfillment is the brains behind doing it profitably.

Chief Marketing, Information Officers Need to Be on Same Page for Big Data to Equal Big Profit

September 4, 2014

McKinsey

A global company recently decided to do what many companies are doing: figure out how to turn big data into big profits. It put together a preliminary budget and a request for proposal that in effect asked vendors to take the data the company had and identify opportunities.

Manufacturers Need a More Data-Driven Approach to Direct Materials Sourcing

August 19, 2014

Greg Anderson, President, Directworks

Few decisions have as much power to make or break a product's success and profitability as those around the sourcing of direct materials. The components, parts and assemblies that go into making products not only account for 70 percent of an average manufacturer's annual spend, they have a significant impact on such critical competitive factors as brand reputation, time to market and supply chain reliability.

Retail, So in Need of Innovative Technology, Is Said to Be Slow to Make IT Investment

July 16, 2014

RIS News

Retailers generally have a reputation for being slow to embrace the latest innovations in technology. According to data from the U.S. Census Bureau, the retail industry as a whole spends far less on technology than nearly all other service sectors.

City of Madrid Implements Large Smarter Cities Environmental Analytics Project

July 11, 2014

Virtual Strategy Magazine

The City of Madrid and IBM, through its subsidiary INSA, announced the largest environmental services management project in Spain, designed to improve city life for all of Madrid's 3 million citizens. Using IBM's Smarter Cities technology, this initiative will help improve the delivery and efficiency of city services and provide citizens new tools to interact and communicate with the city council.

Missing Opportunities Because You're Swimming in Data and Don't Know What to Do With It?

July 1, 2014

BCG

Traditional retailers generate and capture a deluge of data - most notably, customer transaction histories that can reveal detailed product affinities and promotional and marketing response rates. Now the emergence of big data and advanced analytical tools and techniques can connect data with a larger context. Big data can explain the who, what, when, where, why, and how of retailing.

Open-source Software Cuts Into Data Mining Vendors' Profits

June 26, 2014

CFO

While recent innovations in the software sector have significantly boosted capabilities for most software products, free open-source software solutions have made an even bigger splash. More than half of all data mining tasks are now conducted using open-source software, displacing the purchase of proprietary software.

Walmart E-Receipt Strategy Designed to Collect Lots of Customer Data

May 28, 2014

FierceRetailIT

Walmart is rolling out a program to send shoppers e-receipts via its mobile app, and while they're surely thrilled to save a few trees the real impetus is the wealth of customer data it can provide.