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  • Too Much Data or Not Enough Analytics?

    March 14, 2011 Dan Burger

    It’s a data-driven world, folks. You might say we already have more data than we know what to do with, but that’s a problem that can be fixed as organizations turn to business intelligence with an emphasis on analytics. Taking information that’s disjointed, sometimes redundant, and probably of limited availability to those who can make best use of it, and putting it to work is a great untapped resource.

    Using predictive analytics organizations can analyze trends and patterns found in historical and current data. The benefit comes from increasing the accuracy of forecasting trends affecting products and services, and gaining competitive advantages because of that capability.

    IBM‘s 2010 Global CFO Study of 1,900 CFOs and senior finance leaders pointed out that the respondents plan to use analytics to uncover correlations among seemingly unrelated pieces of information and find patterns nearly impossible to detect manually.

    IBM i running on Power Systems is well suited for this kind of work. It has a built-in database and plenty of power that can spin business analytics software capable of quickly extracting key data. You won’t be surprised to know that’s not the end of the story. There’s much more to consider.

    Organizational and process management capabilities are major considerations. Then there are technology and performance management capabilities that have to be identified and monitored to meet defined objectives.

    Wednesday, March 16, there’s a Webinar scheduled on the future of business intelligence on the IBM i. The agenda topics cover subjects such as deploying secure B2B portals, creating role-based dashboards, providing analytics across the enterprise without expensive user restrictions, distributing business intelligence to browsers and mobile devices, and using BI to create GUIs for applications.

    The Webinar is hosted by Utilities 400, a U.K.-based vendor with U.S. offices in Chicago. Its business intelligence software is a browser-based dashboard design.

    To register for the online presentation, go here.

    RELATED STORIES

    Business Intelligence Biz to Grow But Cool Off a Bit

    Business Intelligence and Analytics Were Bright Spots Last Year

    Top 10 IBM i Product and Technology Trends for 2011

    A Quick Analysis of Business Intelligence Planning



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Volume 20, Number 10 -- March 14, 2011
THIS ISSUE SPONSORED BY:

Vision Solutions
looksoftware
ManageEngine
Computer Keyes
Bug Busters Software Engineering

Table of Contents

  • Wanted: Cloud-i i-nfrastructure
  • Infor Makes a $1.83 Billion Bid for Lawson
  • IBM Lays Out Plans for Future Growth and Profits
  • Mad Dog 21/21: Tablet Vivant, Memories Mordant
  • Encouraging News on IT Jobs in Q2
  • No More Power Systems Quick Ship; IBM Has a Better Way
  • Western Digital Buys Hiatchi Disk Biz for $4.3 Billion
  • Disk Array Revenues and Capacity March On, Unabated
  • Northeast User Groups Conference Coming April 11-13
  • Too Much Data or Not Enough Analytics?

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