Palantir Shows Its Cards

Simply Statistics

File this under long-term followup, but just about four years ago I wrote about Palantir , the previously secretive but now soon to be public data science company, and how its valuation was a commentary on the value of data science more generally. Well, just recently Palantir filed to go public and therefore submitted a registration statement (S-1) describing its business. At first glance it seems their doing pretty well.

IT 146

Eastern Industrial Supplies relies on data across its business

Phocas

Eastern Industrial Supplies opened its doors in 1980 in Greenville, South Carolina and has grown to have branches in six different states across America. Two years ago, it set up an e-commerce division which has helped maintain healthy growth.

IT 154

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Universal Health Services says it's reconnecting its IT network after cyberattack

DataFloq

WASHINGTON (Reuters) - Hospital operator Universal Health Services said on Monday that it is reconnecting its IT network following a cyberattack that prompted it to shut down its network a little over a week ago. The firm has said its UK operations were unaffected.

IT 187

Why IT managers recommend business intelligence software

Phocas

Advancements in technology have changed the role of the IT department from that of a cost center to a strategic asset. Modern IT managers are developing strategies that match a company’s vision and goals. Using business intelligence (BI) software to identify which business processes are inefficient and costly enables the IT department to improve company performance and fast-track transformation. Business Intelligence Basics Job Role - IT

Machine Learning for Builders: Tools, Trends, and Truths

Speaker: Rob De Feo, Startup Advocate at Amazon Web Services

Machine learning techniques are being applied to every industry, leveraging an increasing amount of data and ever faster compute. But that doesn’t mean machine learning techniques are a perfect fit for every situation (yet). So how can a startup harness machine learning for its own set of unique problems and solutions, and does it require a warehouse filled with PhDs to pull it off?

China urges Sweden to reverse its Huawei, ZTE ban to avoid harming its companies

DataFloq

BEIJING (Reuters) - Sweden should reverse its ban on Chinese telecommunications companies Huawei [HWT.UL] and ZTE from a planned 5G spectrum auction to avoid a "negative impact" on its own companies, said China's foreign ministry.

IT 172

Inventory days formula and why it's useful

Phocas

If the percentage is high, there may not be enough demand for it, the product might be too expensive or it's time to rethink how it's being promoted. Inventory days formula is equivalent to the average number of days each item or SKU (stock keeping unit) is in the warehouse.

IT 147

How IT Managers can slash reporting times

Phocas

The IT manager is often burdened with ad hoc report requests and solving organizational data challenges. Job Role - ITThese tasks take you away from important jobs like improving the business by adding or upgrading systems or driving efficiencies with your tech stack.

What does ERP stand for and how it compares with BI?

Phocas

Every department within an organization typically has its own computer system, optimized to suit the way that department operates. Business Intelligence Basics Job Role - IT Dynamic reportingERP stands for Enterprise Resource Planning (ERP) software and collates all the information created from these multiple systems and combines them into an integrated software program which runs from a single database.

IT 142

Understanding BDaaS and Its Types

DataFloq

The essence of Big Data lies within its definition of deploying high volumes of data, velocity along with the variety of data sets that can become quite difficult for extracting value and managing them. This, however, is not a clear indication for the businesses as it reflects that the companies cannot deploy the existing large volumes of data to the maximum.

IT 180

Facebook critiques Apple on its commission system

DataFloq

(Reuters) - Facebook Inc said on Friday that Apple Inc has declined its request to waive off the 30% commission fee it takes from apps listed on iOS devices, publicly critiquing a fellow big tech peer.

IT 182

5 Signs It's Time to Replace Your Homegrown Analytics

If you built your analytics in house, chances are your basic features are no longer enough for your end users. Is it time to move on to a more robust analytics solution with more advanced capabilities? Follow this free guide for tips on making the build to buy transition.

Phocas BI tool proves its value for manufacturers, wholesalers

Phocas

The article highlights how Phocas has built trust and a strong reputation with leaders and IT managers in manufacturing, wholesale and retail. Job Role - IT Industry - HVAC/Plumbing Strategy, Management and Performance Job Role - ExecutiveThe following article is reproduced from TechTarget , a respected tech news website which provides independent content and analysis.

Art Tokenization: What Is It? How Does It Work? - Medium

DataFloq

This time it wasn’t another controversial nude painting or a lost artwork recovered from the Nazi archives. In fact, it had nothing to do with the paint, brush or canvas. Furthermore, the extravagant prices of the featured pieces made it difficult to sell the artworks. What Maecenas did was to turn the entire industry on its head. The attention garnered towards the painting helped improve its valuation to $5.6

IT 174

Salesforce.com adapts its software for pandemic vaccine distribution

DataFloq

Reuters) - Salesforce.com on Wednesday said it has adapted some of its business software to help healthcare organizations and government entities distribute vaccines for the novel coronavirus once they become available. By Stephen Nellis.

Transform your IT team into a strategic asset

Phocas

As advancements in technology continue to alter the way we do business, the role and function of the IT department must also adapt. IT managers need to consider ways to shift the IT department from the role of a cost center to a strategic asset. By developing innovative strategies that marry technology with business goals, your IT department can be your company’s competitive edge and drive efficiencies and superior customer service. Job Role - Finance Job Role - IT

IT 131

Adobe puts artificial intelligence tools into its marketing software

DataFloq

(Reuters) - Adobe Inc said on Monday that it has put a new set of artificial intelligence tools into its digital marketing software with the aim of helping companies sharpen their marketing campaigns.

Democratizing AI for All: Transforming Your Operating Model to Support AI Adoption

Democratization puts AI into the hands of non-data scientists and makes artificial intelligence accessible to every area of an organization. With the emergence of enterprise AI platforms that automate and accelerate the lifecycle of an AI project, businesses can build, deploy, and manage AI applications to transform their products, services, and operations. But in order to reap the rewards that AI offers, it is essential that businesses first address how their organizations are set up, from their people to their processes. Democratizing AI through your organization requires more than just software. It may require changing your operation models and finding the right guidance to realize the full breadth of capabilities.

Tech culture: A look behind the Phocas culture and its secrets for success

Phocas

Please have a listen to find out how culture was influential at Phocas before the founders knew what it meant. Culture Bites', is a podcast created by culture experts, Human Synergistics. Phocas leaders, Myles Glashier and Karen Hailwood feature in the episode called Phocas.

IT 185

'It's a Powerpoint killer' - Berlin startup Pitch goes live

DataFloq

BERLIN (Reuters) - Take a Powerpoint slide deck, embed it in an online teamworking tool and add video conferencing and you have Pitch: a collaborative presentation application that launched on Tuesday. It's a Powerpoint killer," founder and CEO Christian Reber told Reuters in an interview.

IT 151

What is overstock and how to avoid it?

Phocas

To improve the management of your business and keep stock under control, it is worthwhile to manage inventory all in one system, creating a single source of truth for inventory management. Lean warehouse management is key to the success of businesses that make, move or sell products.

IT 165

Data Quality — You’re Measuring It Wrong

DataFloq

It’s the law of bad data — there’s always more of it.Traditional methods of measuring data quality are often time and resource-intensive, spanning several variables, from accuracy (a no-brainer) and completeness, to validity and timeliness (in data, there’s no such thing as being fashionably late). It might.

ABCs of Data Normalization for B2B Marketers

Data normalization. It’s not a far stretch to suggest that the topic isn’t exactly what gets marketers excited in their day-to-day workflow. However, if lead generation, reporting, and measuring ROI is important to your marketing team, then data normalization matters - a lot. In this eBook, we’ll break down the ins and outs of data normalization and review why it’s so critical for your marketing strategies and goals!

Financial Reporting - it's time to automate and modernize

Phocas

It's time to add the power of data analytics to financial reporting, so customization and automation follow. With today’s critical need for accuracy, completeness and speed in financial reporting, the finance team can’t afford to spend weeks collating data to generate reports.

Microsoft says Bytedance won't sell TikTok's U.S. operations to it

DataFloq

(Reuters) - Microsoft said on Sunday it was informed by Bytedance that it would not be selling TikTok's U.S. operations to Microsoft. "We We are confident our proposal would have been good for TikTok’s users, while protecting national security interests," Microsoft said in a statement.

IT 197

Data Champions: Balancing IT and Business Needs

Cloudera

At the same time IT, whose job it is to ensure security and compliance while meeting the needs of the business, tend to be unfairly blamed for holding projects back. Data Champions find the common ground that successfully meets the requirements of both business AND IT.

IT 99

How To Prepare IT Networks For IoT

DataFloq

Companies everywhere have wised up to the value of the Internet of Things, and are rapidly coming to prepare their IT infrastructure for a futuristic market dominated by data and computing power. Nonetheless, many of today’s leading business leaders, especially those who aren’t particularly tech savvy, often find themselves unsure of where to start when it comes to retrofitting their own aged IT networks.

IoT 198

Microservices: The Dark Side

Speaker: Prem Chandrasekaran

A few years ago, Barclays embarked on a journey to migrate its legacy services to a modern tech stack with the objective of achieving a high level of scale, resilience, and reliability. During the incremental, iterative move towards an ecosystem of focused, distributed services, it’s fair to say that the company discovered the challenges of distributing objects. Join us for an episode you can’t miss if you’re finding it a lot harder to architect in practice than in theory, and learn how you can shed light on the dark side of microservices.

EV maker Xpeng, its CEO invest in air taxi startup

DataFloq

BEIJING (Reuters) - Chinese electric vehicle (EV) maker Xpeng Inc said on Saturday that along with its CEO, He Xiaopeng, it has invested in air taxi startup Xpeng Heitech, as the global auto industry explores future mobility.

IT 176

Electrical supplier leverages data across its business to improve performance

Phocas

Parrish-Hare is an electrical products supplier for commercial and industrial construction across Texas. The company is data-driven so everybody uses data analytics to access business information in real time, 'to see where they're at and where they’re going' on a daily basis.

IT 165

Google says Denmark is reviewing its taxes there

DataFloq

Google's Danish unit, Google Denmark Aps, said in its financial report for 2019 that tax authorities had "commenced a review of the open tax years concerning the company's tax position". It said in the financial statement it had not made any provisions for the tax review.

IT 200

Marketing analytics and why is it important?

DataFloq

Marketing analytics is crucial as it provides a holistic view of the performance of the marketing activities of an organization. Why is it important? A topic of growing importance, Marketing analytics, plays a crucial role in identifying business opportunities and improving operational excellence. At a time, when the value and power of data is tremendous, marketing analytics is important for marketers, more than ever before, to overcome their challenges and benefit from big data.

Testing at Every Stage of Development

Up to 80% of new products fail. The reality is harsh and the reasons why are endless. Perhaps the new product couldn’t oust a customer favorite. Maybe it looked great but was too hard to use. Or, despite being a superior product, the go-to-market strategy failed. There’s always a risk when building a new product, but you can hedge your bets by understanding exactly what your customers' expectations truly are at every step of the development process.

Tech sector tightens its grip over Europe's stock markets

DataFloq

Prosus, one of the world's largest technology investors, will make its debut on the Euro STOXX 50 on September 21 as part of a reshuffle of the index, index provider STOXX announced on Tuesday. By Julien Ponthus and Danilo Masoni.

Unbelievable impact of COVID-19 on IT outsourcing!

DataFloq

IT Outsourcing is one of the most flourishing fields in the world. IT outsourcing is nothing new, but it is continuously growing. However, amidst this tough situation, the pandemic, the IT outsourcing industry has been affected as well. COVID-19 has impacted almost everything in the world, including the IT outsourcing industry. However, the impact isn’t as predictable or expected as it was supposed to be. It depends on a lot of factors.

IT 173

Data analytics helps Sistema ‘klip-IT’ on production efficiencies

Phocas

It makes a clever product that people want to buy repeatedly. And it’s obsessed about innovatively making the product to ensure ongoing global competitiveness. Case Study Industry - Manufacturing Job Role - IT ERP - EpicorSistema means ‘system’ in Italian and also signifies the company’s systematic approach to manufacturing,which has helped the New Zealand business take on the world. A leading manufacturer of food storage containers, Sistema’s success is two-fold.

IT 103

The Musk Method: Learn from partners then go it alone

DataFloq

Now, Musk and his team are preparing to outline new steps in Tesla's drive to become a more self-sufficient company less reliant on suppliers at its "Battery Day" event on Sept. By Paul Lienert, Norihiko Shirouzu and Edward Taylor.

IT 187

BI Buyers Guide: Embedding Analytics in Your Software

The business intelligence market has exploded. And as the number of vendors grows, it gets harder to make sense of it all. Learn how to decide what features you need and get an evaluation framework for every technical and non-technical requirement you could imagine.

UK denies it plans to drop tax on digital giants

DataFloq

LONDON (Reuters) - Britain's finance ministry denied a report that it planned to drop a tax on technology companies such as Facebook and Google. Britain introduced the digital services tax in April after slow progress in global negotiations over how to tax tech giants, many of which are U.S.

What is a bullet chart and how is it useful?

Phocas

The chart can display one or many columns that can be color-coded, and it looks like a thermometer. Phocas has always offered the bullet chart in its data analytics solution because it's an effective tool to understand variance. The bullet chart is useful to visually track performance against a target, displaying results in a single column. The bullet chart was invented by data visualization specialist, Stephen Lew to enhance the gauge chart.

Statistics for Data Science: What is Skewness and Why is it Important?

Analytics Vidhya

The post Statistics for Data Science: What is Skewness and Why is it Important? Overview Skewness is a key statistics concept you must know in the data science and analytics fields Learn what is skewness, the formula for. appeared first on Analytics Vidhya. Beginner Statistics Negative Skewness Normal Distribution outliers Positive Skewness Skewness statistics

IT portfolio rationalization: A CIO’s guide to survival in tough economic times

Data Virtualization

A black swan event like COVID-19 pandemic has stymied the plans of many CIOs to upgrade their archaic IT platform into a modern infrastructure of hardware and software to support their dynamic business process.

IT 52

B2B Pocket Playbook: End-to-End Guide to Sales Enablement

Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.