Blog: Ron Powell http://www.b-eye-network.com/blogs/powell/ Thanks for visiting my blog. As co-founder of the BeyeNETWORK, acquired by TechTarget in 2010, I am privileged to participate in many industry-related activities as a BeyeNETWORK expert covering business intelligence and analytics. These events provide me with a unique insider perspective into the business intelligence ecosystem, its products and the vendors that provide those products. I'll be sharing that invaluable information with you through this blog, which will also be a reflection my business philosophy. And, just to make this interesting, I'll be sure to include my personal point of view on a wide range of topics and share some of the stories of people I meet in my travels. Copyright 2014 Wed, 08 Jan 2014 10:00:00 -0700 http://www.movabletype.org/?v=4.261 http://blogs.law.harvard.edu/tech/rss Big Data Application Solution Critical To Predicting Revenue I recently interviewed Michael Howard of C9 and we discussed how C9 is solving one of the most difficult problems facing large organizations today, which is in predicting revenue. By integrating both operational and big data sources within an application, most CFOs and financial organizations can more accurately predict future revenue numbers and mitigate earnings surprises that hamper many private and public companies today. The application is currently being utilized by some of the biggest companies today for predictive analytics - they include Google, Pandora and LinkedIn. Click here to listen to this podcast now or read it here. ]]> http://www.b-eye-network.com/blogs/powell/archives/2014/01/big_data_applic.php http://www.b-eye-network.com/blogs/powell/archives/2014/01/big_data_applic.php Big Data Wed, 08 Jan 2014 10:00:00 -0700 Big Data Partnership Focused on Agility and Simplicity I recently conducted an interview with Rich Ghiossi, VP of marketing for Treasure Data, and Suzanne Hoffman, Head of Analyst Relations for Tableau. We focused on their joint approach to simplifying and transforming the way companies derive value from big data. This approach allows the business executive to analyze big data by utilizing managed services, reducing the burden on IT departments that are focused on operational needs. In this podcast, they share their insights regarding some of their joint customers who are effectively addressing key initiatives around big data. Click here to listen to this podcast now or read it here. ]]> http://www.b-eye-network.com/blogs/powell/archives/2014/01/big_data_partne.php http://www.b-eye-network.com/blogs/powell/archives/2014/01/big_data_partne.php Big Data Fri, 03 Jan 2014 07:00:00 -0700 Trends as Big Data Evolves I recently interviewed Hannah Smalltree, and we discussed several major trends that she is seeing as a result of her work with several customers at Treasure Data. In this podcast, Hannah provides her insight into why time to value, immediate use and the cloud are of strategic importance to big data implementations. Click here to listen to this podcast now or read it here.]]> http://www.b-eye-network.com/blogs/powell/archives/2013/12/government_big.php http://www.b-eye-network.com/blogs/powell/archives/2013/12/government_big.php Big Data Thu, 19 Dec 2013 08:00:00 -0700 New Metric Defined for Big Data Projects I recently interviewed Richard Winter, and we discussed the new TCOD (Total Cost of Data) metric that he developed. In this podcast, Richard provides several examples of how this metric can be utilized to determine the best data platform for a project. This new metric is definitely needed for big data projects as the old methods really do not apply anymore. Click here to listen to this podcast now or read it here. ]]> http://www.b-eye-network.com/blogs/powell/archives/2013/11/tcod_-_new_metr.php http://www.b-eye-network.com/blogs/powell/archives/2013/11/tcod_-_new_metr.php Big Data Mon, 11 Nov 2013 06:00:00 -0700 Big Data Discovery Platform Purpose-Built for Analytics

I recently conducted a podcast with Manan Goel, Senior Director of Product Marketing, for Teradata Aster. The podcast focused on the latest release of Teradata's Aster Discovery Platform 6 and how it provides a fully integrated platform for big data analytics. This platform is one of the first to provide for both data discovery and analytics within a signal interface, greatly reducing the time required for a data scientist or business analyst. Click here to listen to this podcast now or read it here. ]]>
http://www.b-eye-network.com/blogs/powell/archives/2013/10/big_data_discov.php http://www.b-eye-network.com/blogs/powell/archives/2013/10/big_data_discov.php Big Data Tue, 15 Oct 2013 13:20:04 -0700
The Convergence of BI, Big Data, Analytics and Mobile Technologies I recently conducted an interview with Michael Corcoran, CMO, and Jake Freivald, VP of Marketing, for Information Builders. Information Builders was one of the early pioneers of BI. We discussed how the major trends around business intelligence, big data and analytics are impacting the operational needs of the end user. In this podcast, they share their insights regarding how their customers are effectively addressing key initiatives around these trends. Information Builders has continued to stay a step ahead with their BI offerings, which has greatly benefited their large customer base. Click here to listen to this podcast now or read it here. ]]> http://www.b-eye-network.com/blogs/powell/archives/2013/09/the_convergence.php http://www.b-eye-network.com/blogs/powell/archives/2013/09/the_convergence.php Big Data Thu, 19 Sep 2013 14:00:00 -0700 Actuate BBBT Presentation Highlights Latest Move into Personalized Analytics and Insights Actuate presented at the Boulder BI Brain Trust to a large group of analysts and experts. In summary, Actuate continues to focus on customer-facing applications (BIRT & BIRT iHUB), big data business analytics (BIRT Analytics) and output management for customer communications (BIRT for Composition and BIRT iHub Content Services). There are currently over 2.5 million developers using BIRT worldwide, and there are over 106,500 total registrations on BIRT Exchange.

Jeffrey Morris, vice president of product marketing, presented how Actuate is focusing on business analytics. Actuate will focus on a customer-centric strategy that will encompass application areas specific to  customer behavior and customer-centric big data analysis. Areas include customer acquisition, segmentation, retention, loyalty, churn, lifetime value, fraud prevention and analysis, and voice of the customer. Constraints for customers regarding big data and why the need for BIRT analytics include lack of resources, data integration and complexity and costs of change.

BIRT Analytics provides analysts and business users with advanced visual data discovery and predictive analytics to analyze big data. BIRT Analytics is driven by its own columnar database, which was acquired in the Quiterian acquisition. BIRT Analytics applies more rigor in data discovery utilizing assembly and a combination of analytic techniques to solve business problems.

Actuate's goal is to provide insights to operational users  via dashboards, KPIs, interactive and ad hoc reports on web or mobile to immediately impact your business. Mobile strategy provides native access to all the popular mobile devices. If you would like, you can download BIRT mobile to your mobile device and you only have to build it once.

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http://www.b-eye-network.com/blogs/powell/archives/2013/08/actuate_bbbt_pr.php http://www.b-eye-network.com/blogs/powell/archives/2013/08/actuate_bbbt_pr.php Behavioral Analytics Mon, 26 Aug 2013 11:00:00 -0700
Business Intelligence Critical for Protrans Growth in Transportation Industry I recently spoke with Kevin Webster, BI Reporting Manager for Protrans, a third-party logistics provider. Protrans has utilized BI dashboards that have set up the essential KPI metrics to assist each department in meeting their goals. Protrans evaluated over 25 of the top BI companies against 100 individual metrics with customer service and functionality for growth as the most critical. Kevin also talked about how many of the current BI trends are being incorporated into the operational needs of the end user. In this podcast he shares his insights regarding how they are effectively addressing key initiatives around self-service and big data within the transportation industry. Protrans has successfully provided dashboards and reporting to their large network of customers. Click here to listen to this podcast now or read it here.]]> http://www.b-eye-network.com/blogs/powell/archives/2013/08/business_intell_1.php http://www.b-eye-network.com/blogs/powell/archives/2013/08/business_intell_1.php Big Data Mon, 12 Aug 2013 09:00:00 -0700 NextGear Capital People and Technology Drive Competitive Advantage I recently spoke with Chris Brady, CIO from NextGear Capital. NextGear Capital is the result of the merger of Dealer Services Corporation and Manheim Automotive Finance. NextGear Capital provides inventory financing for automotive dealers. Chris attributes much of the success and competitive advantage that the company has had to their current technology platform and people. In this podcast she shares her insights regarding how they are effectively addressing key initiatives around big data, cloud, mobile and self-service business intelligence, which is setting NextGear Capital apart from its competition. They have successfully provided analytics and reporting to their large network of customers. Click here to listen to this podcast now or read it here. ]]> http://www.b-eye-network.com/blogs/powell/archives/2013/07/nextgear_capita.php http://www.b-eye-network.com/blogs/powell/archives/2013/07/nextgear_capita.php Mon, 29 Jul 2013 10:30:00 -0700 The Healthcare Industry Transformation Driven by Analytics report from MarketsandMarkets. Additionally, IDC Health Insights recently published Business Strategy: Analytics Leads Accountable Care Investment Priority, which was based on the results of two IDC surveys. The report  identified that over 50% of the respondents (hospitals and insurers) stated their highest investment priority was advanced analytics. By leveraging analytics we have the potential to dramatically reduce the death rates from predictable and, in many cases, preventable non-communicable diseases (NCDs).

Healthcare Analytic Solutions by Fuzzy Logix.pdf
 highlights several case studies where analytics is having a profound impact. The areas highlighted within healthcare include:

  • Chronic Illness Prediction and Prevention
  • Scoring the Quality and Efficiency of Care
  • On-Demand Peer Costs Comparison
  • Preventing Adverse Drug Reactions
  • Understanding the Prescribing Habits of Physicians
  • Drug Trial Simulation 

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http://www.b-eye-network.com/blogs/powell/archives/2013/07/the_healthcare.php http://www.b-eye-network.com/blogs/powell/archives/2013/07/the_healthcare.php Big Data Mon, 22 Jul 2013 09:02:26 -0700
Lipari Foods Drives Business Intelligence in Real Time I recently spoke with Michael Hegarty, Corporate Business Strategy, and Joe Beydoun, Distribution Systems and Business Intelligence, from Lipari Foods. Lipari is celebrating 50 years as a specialty food distributor. In this podcast they share their insights regarding how they have effectively implemented a BI environment in real-time, which sets Lipari Foods apart from its competition. They have successfully allowed the business to drive reporting, reducing the load on IT and increasing overall performance. Click here to listen to this podcast now or read it here.
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http://www.b-eye-network.com/blogs/powell/archives/2013/07/lipari_foods_dr.php http://www.b-eye-network.com/blogs/powell/archives/2013/07/lipari_foods_dr.php Wed, 17 Jul 2013 13:06:35 -0700
Actian Acquires ParAccel Extending Push Into Big Data As the big data database market continues to consolidate, one of the last independent analytic database companies ParAccel has been acquired by database vendor Actian. ParAccel, an analytic database company is an integral part of the Amazon Web Services Redshift data warehouse service. It also has a large customer base that includes MicroStrategy, one of the leaders in business intelligence.

Actian continues to add to its extensive database assets, which include the Ingres relational database, Vectorwise analytic database and the Versant object database. The significant benefit of this acquisition is that it allows Actian to address the needs of customers with databases exceeding 10 terabytes, which is considered the upper range for Vectorwise. It also allows it to compete with the larger players in the analytics market, including Teradata, Oracle, IBM and HP.

With ParAccel, Actian adds to its Hadoop capabilities gained through the acquisition of Pervasive Software with its DataRush platform. This enables faster and deeper analysis through its integration with Hadoop.

The acquisition, in my opinion, is very strategic for Actian and should place the company in the upper echelon of big data database players and provide an independent alternative to many of the larger companies in the market. The challenge for Actian will be how it differentiates and integrates all of its database offerings going forward. Only time will tell!

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http://www.b-eye-network.com/blogs/powell/archives/2013/04/actian_aquires.php http://www.b-eye-network.com/blogs/powell/archives/2013/04/actian_aquires.php Big Data Thu, 25 Apr 2013 11:00:00 -0700
Business Intelligence and Financial Regulations
Here's Jake's insight into business intelligence and financial regulations:

Way back when I was in the Marine Corps, we used to joke about the number of acronyms we used. If you've ever thought to yourself that the OPS OIC and OOD need to read the MEF G-2 SOP ASAP, you know what I mean.

Later, when I started working in computer technology, it got no better. You may know that SAP uses IDocs and BAPIs and RFCs (oh, my!), or that web developers use SDKs to handle HTML5, DOM inspection, CSS, and other W3C standards, or that you can write JCL to use GDGs instead of PDSs on the 3390s used by MVS. Nobody does it better than technologists.

But our industry has nothing on the financial services industry. Besides the obvious stuff financial CFOs worry about, like AP, AR, the GL, GAAP, and the SEC, they have to worry about FINRA, CFTC, OCC, OTS, AIFMD, Sarbox, FATCA, FISMA, and... well, you get the idea. And the regulatory burden gets heavier all the time.

Whether you think these burdens are undue drags on the economy or a cost of doing business needed to protect us from harm, it's worth seeing what the burden is -- and a few of those facts are in the infographic below.

Of course, there is no industry more heavily dependent on data. Numbers are the lifeblood of their business. (Don't worry, I won't show any lifeblood. Halloween was yesterday.) And that means that CFOs, compliance officers, knowledge workers -- frankly, almost everyone in the company -- needs information, and the more analytical they can be, the better. One more reason to vote for the BI ticket in 2012.

(P.S. If you haven't seen them already, check out our other infographics for healthcare and investments in higher education.)

IB_Election-Infographic_FR_FINAL495.png


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http://www.b-eye-network.com/blogs/powell/archives/2012/11/business_intell_4.php http://www.b-eye-network.com/blogs/powell/archives/2012/11/business_intell_4.php Thu, 01 Nov 2012 10:00:00 -0700
Ghost, Goblins and Big Data for CIOs
ActianHalloween495.jpgHappy Halloween!

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http://www.b-eye-network.com/blogs/powell/archives/2012/10/ghost_goblins_a.php http://www.b-eye-network.com/blogs/powell/archives/2012/10/ghost_goblins_a.php Wed, 31 Oct 2012 07:00:00 -0700
Decision 2012: Business Intelligence and the Investment in Education click here.

Here's Jake's guest post:

Everyone believes that higher education should be a priority for America, but they differ on the ways in which it should be addressed. President Obama has pushed plans for student loan forgiveness and consolidation, hoping that by providing the funding that families need, more people will be able to afford the education needed to stay competitive. Governor Romney says that "a flood of federal dollars is driving up tuition and burdening too many young Americans with substantial debt and too few opportunities." (See: http://www.mittromney.com/issues/education.)
 
Regardless of our individual opinions on the situation, it's clear that the federal government is investing large amounts of money in loans and grants that will help students get a college education. Since that's unlikely to change immediately, we can focus narrowly on the question: What is that investment getting us?
 
The infographic below highlights some of the questions and a few answers that we should be asking to determine where this money should go, regardless of who the President is in the next four years.
 
It also shows why business intelligence -- and predictive analytics in particular, probably using big data stores that collect information on millions of student loan recipients -- will be important for institutions and the government in the next five years.
 
Feel free to share this infographic with your friends and colleagues. And I'll be back a little later in the week with one more post, this time on financial regulations. Stay tuned!

IB_Election-Infographic_ED_FINAL copy495.png
 


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http://www.b-eye-network.com/blogs/powell/archives/2012/10/decision_2012_b_1.php http://www.b-eye-network.com/blogs/powell/archives/2012/10/decision_2012_b_1.php Tue, 30 Oct 2012 09:30:00 -0700