Businesses today are dealing with increasing volumes of data, not all of which resides in a standard database. In fact, 80% of business data is unstructured, tending to be human-generated and taking the form of emails, word documents, reports and PDFs, as well as external data such as that created by the Internet of Things and social media. With such a variety of formats and structures, and often holding a higher level of vital information than structured data, storing, processing and analysing...
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Data. It’s what drives the beating heart of our digital society - informing and shaping the increasingly complex landscape of business processes, markets, products and consumer needs. By Charles Southwood, Regional VP, Northern Europe and MEA, Denodo.
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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 wor...
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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 manuf...
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