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The Sagence Connection

Omnichannel Retail: The New Norm

Posted by Ryan Liebman

1/5/17 4:33 PM

 

Consumers expect a seamless shopping experience, the best prices, and the best options in delivery. As these demands become more deliberate, the need for retailers to appeal to each consumer directly in a personalized and connected fashion grows and has become a must in the retail ecosystem.

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Topics: Retail Industry

4 Ways NLP Accelerates Contract Data Extraction

Posted by Ken Cid

12/16/16 11:00 AM

Accurate and targeted extraction of data from completed contracts is one of the main aims of any Contract Lifecycle Management platform. Unfortunately many current solutions, including Optical Character Recognition (OCR) and manual input screens require complex initial configuration as well as many resources devoted to data entry, review and/or correction. Natural Language Processing (NLP) is a technique that uses grammar and a predetermined dictionary of rules and structures to identify and extract data from documents. NLP as a discipline is a branch of Artificial Intelligence (AI) and can be utilized to automate complex tasks related to content identification and extraction from documents.

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Topics: Natural Language Processing, Contract Lifecycle Management

5 Signs Your Firm Needs to Invest in Contract Lifecycle Management

Posted by Sky Osterhout

12/13/16 11:00 AM

Within the past decade, focus on contract lifecycle management has become increasingly important. Due to the advent of complex financial instruments with a high dependency on nuanced financial and legal terms, many legacy contract structures run the risk of unenforceability. While firms pay considerable attention to negotiating the best terms in legal contracts, they must also focus resources on managing contract data in order to enforce contract terms and to ensure proper action is taken to renew or to terminate legal agreements.

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Topics: Data Management

One Is Not the Loneliest Number for Alibaba

Posted by Ryan Liebman

11/30/16 12:26 PM


If you haven’t heard of National Singles Day, the Chinese pop culture holiday that celebrates young people proud to be single, you probably don’t—or shouldn’t—work in the retail industry. Alibaba’s 11.11 Global Shopping Festival has gradually become one of the largest online shopping days in the world - making Alibaba a master of retail localization strategy.

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Topics: Retail Industry

The "New" Enterprise Data Architecture

Posted by Sagence

9/16/15 3:12 PM

Having an Enterprise Data Architecture that supplies sets of data quickly and securely to analysts is the key to unlocking insights for the Enterprise. Download our POV below.

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Topics: Data Management

What is the Big Data Gold Rush All About?

Posted by Sagence

5/11/15 12:12 PM

An article by Consulting Magazine, “Big Data’s Gold Rush,” examines the massive potential opportunity for both consulting firms and clients related to Big Data. But what does the Big Data opportunity really mean? What are the real obstacles for your firm? How should you approach the Big Data problem?

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Topics: Data ROI

How Taxonomies & Ontologies Help Maximize Data Assets

Posted by Sagence

4/24/15 7:10 AM

An article by Thomas H. Davenport posted in the Wall Street Journal: CIO Journal, “It’s Way Too Late Not to Know Where Your Data Is,” examines several crucial steps companies must take to gain control of their data. As explained by Davenport, many corporations have similar fears about their data models: What is the state of their data?

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Topics: Data ROI

3 Tips: Spend More Time Analyzing, Not Organizing, Data

Posted by Sagence

3/31/15 6:00 AM

Companies spend 80% of their time preparing data for analysis. Let's explore how Sagence helped a large pharmacy healthcare provider significantly reduce data preparation time, enabling the company to spend more time on data analysis and ultimately realize returns on its data investments.

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Topics: Data ROI

What is Really Missing in Big Data ROI?

Posted by Sagence

2/9/15 6:00 AM

A recent article in the McKinsey Quarterly, “Getting Big Impact from Big Data,” ponders why many companies have yet to realize the much hyped returns on Big Data. As quoted in the article, “…management teams frequently don’t see enough immediate financial impact to justify additional investments.” This has been supported by countless other management surveys on the satisfaction with analytics projects and, in particular, Big Data analytics.

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Topics: Data ROI

The New Killer Apps: a holiday gift

Posted by Sagence

12/17/14 1:40 PM

Over 150,000 copies of Chunka Mui's first book, Unleashing the Killer App: Digital Strategies for Market Dominance, have been sold. Now for the holidays and to celebrate the one-year anniversary of the followup, The New Killer Apps: How Large Companies Can Out Innovate Start-Ups, Amazon is giving away the Kindle edition through December 20. To dowload the book, simply click below.

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Topics: Data ROI