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With TimeXtender Discovery Hub , Columbus delivers rapid reporting from multiple data sources.
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In today's economic climate, uncertainty is a common theme for businesses. With budget losses, high competition and job cuts being seen across several industries, avoiding unnecessary expenses is of the utmost importance. At the same time, though, organisations are still keen to be seen as successful, productive and agile. By Pooja Tyagi, Testing Engineering Specialist at NTT DATA UK.
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According to an Accenture study, 79% of enterprise executives agree that companies not embracing big data will lose their competitive edge, with a further 83% affirming that they have pursued big data projects at some point to stay ahead of the curve. Considering that data creation is on track to grow 10-fold by 2025, it’s crucial for companies to be able to process it more quickly, and meaningfully. By Eltjo Hofstee, Managing Director, Leaseweb UK.
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Did you know that autonomous vehicles are now the largest producer of data in the world? asks Christian Schäfer, Director Electrical and Electronic Systems, Aptiv.
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The Big data and analytics question is at the forefront of many business leaders thinking but it’s worth taking a step back and looking at some of the wider macro-economic trends. Since the post war era, UK productivity has risen steadily when averaged over the decades but dropped significantly following the 2008 financial crisis and is now only slowly reaching post crisis levels. In fact, the Office for National Statistics has stated that in the last quarter of 2017, productivity of British workers increased at the fastest rate in more than six years. By Pinakin Patel, Senior Director Solutions Engineering at MapR.
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Business decisions are increasingly being made based on data insight, but getting access to this data, traditionally owned by IT departments, can, at times, be quite difficult. As the requests from across the business start piling up with the ‘owners’ of the data, there has been an increased demand for ‘data democratisation’ – the ability for everyday employees to access data, and understand it, at any time without requiring support from data specialists. By Javier Campos, Experian.
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“We should be playing with two up front”, “We shouldn’t have subbed him off”, “I can’t believe they’ve left him on the bench”. Andre Doerr of Exasol writes.
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While most commonly associated with the manufacturing process, the term ‘supply chain’ is now frequently being applied to the management of data within financial services firms. In plain terms, a supply chain is a sequence of steps in which raw materials are gathered and ultimately turned into a finished product that is then delivered to the end customer. These processes remain the same for businesses across the financial services space; however, rather than the raw materials dealt with in manufacturing industries, they are working with raw data. By Martijn Groot, VP of Product Management, Asset Control.
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Tony Brookes, Founder at didici, explains that optimising your data is dependent on having a platform that identifies outliers – those hidden performance issues that enable competitive advantage.
Read MoreBy Reece Clifford, Sports Data Specialist at SAS UK & Ireland.
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With multiple different issues driving purchase and shoppers using different technologies to buy products, Uwe Weiss, CEO at Blue Yonder, asks how retailers can ever predict customer behaviour?
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