Snowflake Builds on Its Success

David Menninger's Analyst Perspectives

Traditional on-premises data processing solutions have led to a hugely complex and expensive set of data silos where IT spends more time managing the infrastructure than extracting value from the data.

IT 217

Cloudera Consolidates Its Data Platform

David Menninger's Analyst Perspectives

Organizations are dealing with exponentially increasing data that ranges broadly from customer-generated information, financial transactions, edge-generated data and even operational IT server logs.

IT 158
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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 138

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 156

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?

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

What is it Like to Be a Data Scientist in 2021?

Analytics Vidhya

ArticleVideos Overview The rise in demand for data scientist continues in 2021 too Understand what is it like to be a Data Scientist in. The post What is it Like to Be a Data Scientist in 2021?

IT 256

Business Intelligence: How it Enhances Logistics

DataFloq

With the amount of data generated everyday growing by the second quite literally, it is understandable that the world was quick to find the appropriate means to make use of this data. It does so by processing and analyzing the gold mine of data that logistics companies typically sit upon.

Phocas makes it easy for Litex Industries to find hidden data

Phocas

So data analytics makes it easy to find the hidden data — to help people better understand why products may be trending down in sales or to address underperforming vendors and sales reps.

IT 148

Understand Machine Learning and It’s End-to-End Process

Analytics Vidhya

The post Understand Machine Learning and It’s End-to-End Process appeared first on Analytics Vidhya. This article was published as a part of the Data Science Blogathon. What is Machine Learning? Machine Learning: Machine Learning (ML) is a highly.

New Zealand central bank says its data system was breached

DataFloq

WELLINGTON (Reuters) - The Reserve Bank of New Zealand said on Sunday that it was responding with urgency to a breach of one of its data systems. RBNZ Governor Adrian Orr said the breach had been contained but added it would take time to understand the full implications of this breach.

IT 229

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.

Partly Cloudy with a Scattered IT Environment

The Data Administration Newsletter

How many times, when you were a kid, did a thunderstorm cause an immediate mix of emotions: the fear of the continuous boom of the thunder as the clouds rolled in, the calming sensation of the smell of freshwater in the breeze and wind, and the awe and wonder as the lighting streaked through the […].

IT 52

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 148

Does Data Analytics Help With Selecting An IT Provider?

Smart Data Collective

Even consumers looking for an IT provider might turn to data analytics technology. We previously talked about how big data can be used to benefit IT. However, it can also be used to help customers make more informed decisions. Using Big Data to Find the Perfect IT Provider.

IT 68

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.

IT 120

6 Ways Hyper-Converged Infrastructure Drives IT Transformation

DataFloq

Among the numerous ways you can embrace digital transformation and modernization, you will find that IT transformation paramount to success. Creating a more efficient on-site data center is one of the best ways to transform your IT infrastructure. The opportunities that HCI brings are numerous, and implementing it can take your company forward in 2021 as a whole.

IT 182

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!

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 190

Accuracy and its shortcomings: Precision, Recall to the rescue

Analytics Vidhya

The post Accuracy and its shortcomings: Precision, Recall to the rescue appeared first on Analytics Vidhya. This article was published as a part of the Data Science Blogathon. Introduction Have you ever been in a situation, where you were not.

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.

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 144

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.

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 133

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 176

Creating Linear Model, It’s Equation and Visualization for Analysis

Analytics Vidhya

The post Creating Linear Model, It’s Equation and Visualization for Analysis appeared first on Analytics Vidhya. This article was published as a part of the Data Science Blogathon. Introduction Have you ever been tasked with visualizing the relationship between each.

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 185

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.

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 207

China's Tencent profit surges 89% as it rides gaming boom

DataFloq

HONG KONG (Reuters) - Chinese gaming and social media giant Tencent Holdings Ltd reported an 89% rise in quarterly profit on Thursday, with its blockbuster game Honour of Kings and solid advertising businesses helping it to beat forecasts and lift its shares. By Pei Li.

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.

Microsoft working on in-house chips for its servers, PCs

DataFloq

Reuters) -Microsoft Corp is working on in-house processors for the servers running its cloud-computing services and Surface line of personal computers, potentially cutting its reliance on Intel Corp , a person familiar with the matter told Reuters. By Stephen Nellis.

IT 172

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.

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 166

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 165

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 178

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

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.

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.

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.

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.

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 103

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.