Analytics & Organizational Culture

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Randy Bean

Organizational Alignment is Key to Big Data Success

Fortune 500 companies are rushing to make big data investments. Who is leading this charge? What are they doing? What are best practices and which practices should be avoided? A recent survey of C-level and function heads from Fortune 500 companies offers a unique glimpse into how the captains of industry are thinking about big data and how their companies are changing because of new insights gleaned from big data analyses.

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Data Analytics and the Information Transfer Gap

Most companies seem to be better at collecting data than using what they collect to create value. As companies increase the amount and variety of data they collect, the gap between data collection and insight generation may increase. This blogpost highlights several hurdles that need to be overcome to bridge this gap.

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Image courtesy of Flickr user KJGarbutt.

Finding Value in the Information Explosion

Today’s companies process more than 60 terabytes of information annually, about 1,000 times more than a decade ago. But how well are companies managing the data and capitalizing on the opportunities it presents? To answer these questions, seven IT research centers studied data-related activities at 26 corporations and large nonprofit organizations. The research shows that while the IT unit is competent at storing and protecting data, it cannot make decisions that turn data into business value.

Image courtesy of Flickr user graysky.

All Fired Up in Massachusetts: The State’s New Wave of Big Data Companies

The state of Massachusetts is a major U.S. center of big data, says Stephen O’Leary, an M&A advisor with Aeris Partners and executive committee member of the Massachusetts Technology Leadership Council. It’s only poised to get hotter.

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Image courtesy of Flickr user raspberreh.

Are You Ready to Reengineer Your Decision Making?

There has been enormous progress in embedding the use of analytics at lower levels of companies. But according to Thomas H. Davenport, professor at Babson College and one of the best-known thinkers about analytics and business intelligence, the upper levels of companies haven’t kept up.

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