Archive | October 2013

How to get started with MongoSoup

Nice. I want to try this out

comSysto Blog

Following up our MongoDB Munich Thank You Post today we would like to show you how to deploy an application on CloudControl and use MongoSoup as the data storage. As an example we use a little web application that displays movies from The Movie Database. The source code is available on GitHub.

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MicroStrategy Introduces Free Analytics Tool for the Desktop

Will need to check out the new free tool

Michael Sandberg's Data Visualization Blog

Last Tuesday, October 22, 2013, MicroStrategy revamped and expanded its line of BI software to incorporate big-data analytics and desktop visualization.

“We’re delivering a substantial new set of functionality,” said Kevin Spurway, MicroStrategy’s vice president of industry and mobile marketing.

The company has rebranded and upgraded its flagship BI application, now called the MicroStrategy Analytics Platform, and has introduced a new desktop application designed to allow business analysts to easily parse large data sets from different sources.

MicroStrategy Analytics Enterprise 9.4, a significant upgrade from MicroStrategy 9.3.1, includes a new capability the company calls data blending, which allows users to combine data from more than one source; the software stores the data in working memory without the need for a separate data integration product.

“Previously, we were able to combine data from different sources, but it required work from IT. Now any business user can grab data from different sources…

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What the heck is self-service BI?

“IT needs to give ownership of the data back to the users.”
Absolutely

SAP BI Blog

Times are changing in the world of business intelligence it seams. Over the past decade we have seen BI tools evolve from the crude integrated development environment (IDE) into stunning tools that can be used by business analysts and power users. In many cases these tools have become so easy to use, that even a novice business user could analyze data. Many years ago BusinessObjects started this trend with Desktop Intelligence (As it’s known today) and Web Intelligence. While these tools were often labeled “ad hoc” reporting tools, a new breed of “self-service” BI tools have recently emerged.  With self-service BI gaining ground every day, one should ask why this trend has momentum. I believe there are a few reasons self-service is becoming a necessity in the mind of some organizations. At the same time I see huge potential for these tools to repeat the mistakes of the past. Within…

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What Problems does Power BI solve?

Paras Doshi - Blog

I’m at PASS Summit 13 this week and I’m seeing nice amount of excitement among Business Intelligence Pros about “Power BI” so I thought I would post a brief post about problems that Power BI addresses:

#1: Mobile BI:

  • The Visualizations that you’ll publish to Power BI sites would use the HTML 5 rendering & hence the support for Mobile BI.
  • There’s also a native Microsoft Power BI app for Windows 8 so you can use surface tablets for Mobile BI. IOs (apple) or Android native apps have NOT been announced yet.

#2: An end-to-end self-service suite of tools for Power Users:

  • Users will be enabled to search, analyze and visualize data using Power Query, Power Pivot & Power View. Plus it allows them a way to collaborate with each other.

#3: Easier way to search for data that’s available inside & outside for organization:

  • One of the key themes…

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What Problems does Power BI solve?

Paras Doshi - Blog

I’m at PASS Summit 13 this week and I’m seeing nice amount of excitement among Business Intelligence Pros about “Power BI” so I thought I would post a brief post about problems that Power BI addresses:

#1: Mobile BI:

  • The Visualizations that you’ll publish to Power BI sites would use the HTML 5 rendering & hence the support for Mobile BI.
  • There’s also a native Microsoft Power BI app for Windows 8 so you can use surface tablets for Mobile BI. IOs (apple) or Android native apps have NOT been announced yet.

#2: An end-to-end self-service suite of tools for Power Users:

  • Users will be enabled to search, analyze and visualize data using Power Query, Power Pivot & Power View. Plus it allows them a way to collaborate with each other.

#3: Easier way to search for data that’s available inside & outside for organization:

  • One of the key themes…

View original post 312 more words

The Strategic Role of ‘Business Analytics’

Signature Solutions' Insights

Modern day data science and analytics serve as one of the best decision-support tools for top management by creating predictive models that help management focus on ‘precise targets’.  Precision is the key to competitive edge.   People are diverse, and their needs are best catered specifically.  Marketers need to customize their messages and promotions for target audiences; management wants to pick the best candidates for jobs; public authorities need to prioritize services to the most needed. With limited resources, precise targeting is the most cost-effective and profitable way of doing business.  This is where data and analytics play a crucial role. Several world best companies have acquired their current positions through strategic business analytics.

Read more …

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Analytics Adoption Restricted by Shortage of Talent: Study

The Executive's & Entrepreneur's Magazine

In a recent study on the analytics tools and skills of executives in the analytics industry, it was revealed that while the vast majority of organizations view analytics as critical to day-to-day decisions, there is a current shortage of analytics talent which prevents further adoption of the instrument to advance the organisation’s goals.

Nearly 83 percent of survey respondents indicated that analytics is critical to their organizations’ decision-making processes and that they rely on data-driven insight rather than past experiences, intuitions and gut feelings. Although the vast majority felt that analytics is important, more than 65 percent of respondents believe that their organization has a shortage of people with skills to glean insights from data.

The survey found that the biggest factors holding organizations back from using analytics include:

  • Lack of skills/training/education (19 percent)
  • Lack of funding or resources (18 percent)
  • Inadequate support from executives (10 percent)
  • Data is not…

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7 Steps for Learning Data Mining and Data Science

Very nice!

Business Intelligence, Data Analytics, Infographics, and Life

7 Steps for Learning Data Mining and Data Science

This article makes the learning sound too easy. It takes a lot of effort to do them and probably a degree.

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Considering BI? Follow these 10 steps for success!

Great information!

Robert Goodman

Business intelligence.  It consistently ranks as one of the top priorities in various CIO and IT surveys.  In January 2013, Gartner conducted an executive program survey of over 2,000 CIOs.  I’ve listed the top 10 business and technology priorities from the survey below.

Top 10 Business PrioritiesTop 10 Technology Priorities
  1. Increasing enterprise growth
  2. Delivering operational results
  3. Reducing enterprise costs
  4. Attracting and retaining new customers
  5. Improving IT applications and infrastructure
  6. Creating new products and services (innovation)
  7. Improving efficiency
  8. Attracting and retaining the workforce
  9. Implementing analytics and big data
  10. Improving business processes
  1. Analytics and business intelligence
  2. Mobile technologies
  3. Cloud computing (SaaS, IaaS, PaaS)
  4. Collaboration technologies (workflow)
  5. Legacy modernization
  6. IT management
  7. CRM
  8. Virtualization
  9. Security
  10. ERP Applications

SaaS = software as a service; IaaS = infrastructure as a service; PaaS = platform as a service
Source: Gartner Executive Programs (January 2013)

That said, it is a known fact that many business intelligence (BI)…

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Does BI belong in IT?

I totally agree that BI should be in the business. It has been my experience that IT departments tend to have the archaic belief that our data should be locked down and protected, which results in information being tied up and in the hands of the IT world. Data needs to be set free and it needs to be freed by those who know what they want from it. There can no longer be a disconnect between IT and the business when it comes to an organization’s information. We need to be agile, we need to have a complete understanding of what we want from our data, we need to know how to get at it, and we need a variety of skillsets to manage our data. The marriage between the IT world and the business world is a must and I believe there is a better chance for successful collaboration if BI is considered its own business unit that includes those with personalities and thinking that differ from the traditional IT mindset. The IT component is still very important, but there is a reason why there is so much work done with collecting, storing, and maintaining data, and that is to use it. If you are not going to use it, why put in all that effort?

Dave Alper: Business Intelligence and Data Visualization

Sounds crazy, but after 20 some-odd years of doing BI in an IT world, I’ve spent the past few doing BI as part of “the business”, and I can’t tell you how refreshing it’s been!!

Ok – well, not exactly ‘the business’; more like a separate business unit, complete with a Chief Data Officer who reports to the CEO. IT in our organization is the realm of apps-dev and tech support.

Oh, and I get it, BI practically has “information” and “technology” in it’s name – this guy’s nuts, right? But when you look at the typical IT organization, which tends to take it’s cues from an application development mindset – maybe not such a perfect fit.

Having the expertise and mandate to extract/present meaningful insights from data along with the know-how to work it has it’s advantages.

Curious to hear other’s perspectives!

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