In January, The Economist revealed the results of a major study aimed at identifying how businesses that are successful at being data-driven differ from those that are not. Some of the findings are quite expected, and there are a few surprises. For the most part, data-driven organizations seem to be doing a lot of the very things youd expect: providing wide access to data, … [Read more...] about Is Your CEO Out of Touch or Being Misled?
Data analytics
Open Innovation in the Age of Big Data
This thought leadership article is brought to you by KNIME - the leading open platform for data-driven innovation. We dont want to join the usual discussion about what Big Data really is here ultimately everybodys interpretation contains a grain of truth: Big Data is essentially about huge and/or highly heterogeneous and/or semi or unstructured data. However the real issue is: … [Read more...] about Open Innovation in the Age of Big Data
What E-Retailers Need to Know About Data Analytics
E-retail is without a doubt growing rapidly in the United States as well as on a global level. E-commerce sales in 2013 accounted for 5.8 percent of total sales in the US, according to the US Census Bureau. And worldwide business-to-consumer (B2C) ecommerce sales will increase by 20.1% in 2014 to reach $1.500 trillion.With this tremendous growth in online shopping across the … [Read more...] about What E-Retailers Need to Know About Data Analytics
