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The Sagence Connection

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

It's Not Just About Big Data

Posted by Sagence

12/8/14 11:58 AM

Imagine if you had an asset -- for example, intellectual property -- that was abundant, growing exponentially, proprietary, and could quickly be used to increase revenue and improve profitability. What would you do to exploit it? How would you organize to ensure maximum value? What investments would you make to systematically acquire, develop, manage, renew, and protect it? 

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Topics: Data ROI

Set Your Data Free in Three Easy Steps

Posted by Sagence

8/26/14 11:36 AM

Over the past decade, the amount of data available within organizations has grown exponentially. When acted upon strategically, this data has great potential value. It contains a wealth of information that canSagence_datasurvey-dataroi improve the knowledge capital within an organization, improve operational efficiencies, and provide insight into new business possibilities.

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Topics: Data ROI

What’s Your Company’s Three-Year Plan?

Posted by Sagence

6/23/14 9:44 AM

Companies across the world are searching for ways to capitalize on the plethora of data being generated. Caterpillar, one of the leading heavy equipment manufacturers in the world, currently equips many of its machines, as well as parts within the machine, with sensors that communicate real-time operator and mechanical performance. Now that the machines are outfitted with state-of-the-art data gathering and communications equipment, Caterpillar expects its dealers to monetize the plethora of data.

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Topics: Data ROI

Data Integrity’s Central Role in Financial Compliance

Posted by Sagence

6/4/14 8:19 AM

In the wake of the 2008 financial crisis, waves of increased regulation created challenges for financial services firms worldwide. Companies are now mandated to implement increased proactive monitoring and reporting of trades and positions at a level of detail and timeliness previously unimaginable. While significant efforts are being expended to interpret and implement new regulatory rules, one thing has become clear...

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Topics: Data ROI

How Not to Commit the Big Data Mistake

Posted by Sagence

4/24/14 5:30 AM

Don’t be guilty of committing the Big Data mistake. Here are five common requests raised by those warning us against the Big Data mistake.

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Topics: Data Sharing, Data Management, Enterprise Analytics, Data ROI, CDO Agenda

   

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