THE NEW INTELLIGENT ENTERPRISE
A number of companies are starting to look to the cloud not only for storing massive amount of data, but for analyzing, too, said Google’s Ju-kay Kwek at the Cloud Analytics Summit.
How to interpret so many details? Thoughts from the recent seminar “Big Data: Making Complex Things Simpler,” hosted by MIT professors Erik Brynjolfsson and Sandy Pentland.
The CI conference held last week at MIT reviewed papers about behavior that is both collective and intelligent and discussed forming a new interdisciplinary field of study.
MIT Sloan’s Andrew McAfee explains how data science competitions are underscoring the importance of looking for insights beyond one’s own organization.
A scholar who applied his geography background to the “court space” of basketball was one of the stars at the MIT Sloan Sports Analytics Conference, which drew 2,200 attendees.
New research finds that the investments companies make in information technology increase profitability more than investments in advertising or R&D do.
A conversation with Stephen O’Leary of Aeris Partners and the Mass Technology Leadership Council on the state’s emergence as a major U.S. center of big data and analytics.
Applied math and negotiation skills are great preparation for a fast-changing economy filled with ever-smarter computers, write MIT Sloan’s Erik Brynjolfsson and Andrew McAfee.
The relentless advance of information technology creates one wave of IT innovation after another, inundating executives who need to distinguish “Next Big Thing” from “Next Big Sell.” Free to subscribers
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Clay Johnson’s new book makes the case that “much as a poor diet gives us a variety of diseases, poor information diets give us new forms of ignorance.”
Big Data is now a $64 billion business, says McKinsey Global Institute. Among the start-ups in the fray: Bluefin Labs, which analyzes what’s said in social media about TV.
Computers now beat humans in tasks like playing Jeopardy!. The best way to compete with computers is to partner, bringing human skills of negotiation and creativity to the table. Free to subscribers
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“When faced with a difficult question, we often answer an easier one instead, usually without noticing the substitution,” writes psychologist Daniel Kahneman, in a new book.
Crowd science utilizes volunteers from around the world and turns science into games. Already it is making contributions to the fields of ecology, medicine and astronomy.
The ability to create a competitive advantage with analytics has surged. Our 2011 global survey, conducted with IBM’s Institute for Business Value, identifies two distinct paths.
Support for analytics projects only follows when it becomes clear how analytics will improve the top and bottom lines, say Paul Barth (left) and Randy Bean of NewVantage Partners.
On the face of it, an expiration date on information sounds like a wild idea. But that’s exactly what Oxford University’s Viktor Mayer-Schönberger says our society needs.
Implementing a number of improvement initiatives simultaneously can produce “brain overload” for employees. And being overwhelmed can cause an upsurge of mistakes. Free to subscribers
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In a new book, MIT Sloan’s Erik Brynjolfsson and Andrew McAfee argue that while digital automation accelerates innovation and drives productivity, it also transforms employment.
Data-rich companies like CarMax, the largest U.S. specialty retailer of used cars, are using proprietary information systems to capture and interpret data and get the edge on competitors. Free to subscribers
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Business analytics projects are often characterized by uncertain or changing requirements and a high implementation risk. Here, five characteristics of successful analytics project managers. Free to subscribers
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In a new Q&A, Pfizer’s David Kreutter explains how sales representatives use tablet PCs to present material to Pfizer’s physician customers and generate valuable daily data reports.
Applying predictive analytics to identify customers’ lifetime value to a business can transform marketing functions from cost centers to profit centers capable of increasing market value.
The CTO of Tata Consultancy Services, one of the largest companies in India, says that info in blogs and video feeds is hard to analyze but full of customer insights. A new Q&A.
We can digest only so much information, and only so fast, and executives request far more reports than they actually use. Instead, the focus should be on enabling faster decision making. Free to subscribers
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Companies are thinking about data all wrong, say the CEO and CTO of Attivio: analytics “needs to capture the behavior, not the totality of it.” The key concept: “eventually consistent.” Free to subscribers
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Monsanto Co. has figured out how to turn data into strategy: Beth Holmes explains how her IT managers help bring the best information possible to daily decisions and strategic planning. Free to subscribers
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Want to be more productive at work? Keep your e-mails brief and focused. Researchers have identified four practices — including that one — associated with higher information-work productivity.
The discipline of marketing hasn’t kept up with the rapid changes facing 21st-century businesses. Part of rethinking it is figuring out how to better track and evaluate investments. Free to subscribers
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In a Q&A for our series on The New Intelligent Enterprise, Tom Davenport says the potential for analytics to be a critical piece of decision making remains an untapped opportunity. Free to subscribers
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MIT’s Andrew McAfee, author of Enterprise 2.0, says evolving technology and the data deluge can enable companies not only to be smarter, but to act smarter, too. Included: video. Free to subscribers
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Measure. Experiment. Share. Replicate. This is the new IT-driven R&D. A conversation with Erik Brynjolfsson of MIT’s Center for Digital Business. Also: video: Harrah’s experiment. Free to subscribers
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In a conversation with MIT SMR, MIT Sloan’s Tom Malone explains how companies are using new technology to tap the power of collective intelligence. Also: video. Free to subscribers
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“To heck with what the technology can do” says Michael Schrage, of MIT’s Center for Digital Business. Great managers first think about the value they want to create. Video and text.
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