Datafloq

Data and Technology Insights

strategy

Why Business Strategy Always Trumps Data Analytics

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There's a lot of hype in the business communities about data, analytics, cloud technologies, data science, and eCommerce. A cornucopia of jargon that emphasizes data (raw material) and its analytics spinoff (the service). Or is it emphasizing business ? What came first, the chicken or the egg ? It's now easier and more economical than ever to accumulate data, store it, and … [Read more...] about Why Business Strategy Always Trumps Data Analytics

Four Elements to Use the Data Supply Chain Effectively

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Data. A word that keeps slithering its way into business models the world over. I have been in business long enough to know the ins and outs of business operations. To make them work, you constantly have to iterate and have the flexibility to adapt to the morphing landscape of the market dynamics in your industry. Enter, data. How can we use it as a measure for the … [Read more...] about Four Elements to Use the Data Supply Chain Effectively

Why The Internet of Everything Will Change Innovation As We Know It

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We live in a world where accelerated change is the only constant. Organizations and consumers are generating massive amounts of data, which will only exponentially grow in the years to come. More and more organizations see the value of a Big Data strategy and are changing their company towards a data-driven, information-centric organization. As a result, we will see an … [Read more...] about Why The Internet of Everything Will Change Innovation As We Know It

Historians versus Futurists: Who is More Valuable?

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Futurists enjoy taking out their crystal ball and projecting future innovations. They are typically wrong. George Orwells book 1984 that was published in 1949 did not come close with its projections. In the 1960s I recall a Walt Disney television show describing automobiles that required no driver and were guided by some form of magnet-like strip imbedded in the streets or … [Read more...] about Historians versus Futurists: Who is More Valuable?