The private equity industry is just beginning to tap into the power of data to evaluate potential investment targets and grow portfolio companies. There are several underlying technology trends at play to enable the rise of big data, including enormous increases in computing power, cloud computing architecture and inexpensive storage. Leveraging the right data analytics…
Category: Data Strategy
The Importance of Data Integration for Your Business Success
When quality data is used for insights, enterprise businesses perform better. Extracting these insights from high volumes of data requires a robust and seamless data integration system. Businesses store their data in a variety of formats from databases to data warehouses. Information gets added to these data stores on a daily basis, although much of…
How To Implement A New Data Strategy Without Disrupting Your Organization
Companies are increasingly realizing the benefits to adopting a digital-first strategy, but are overwhelmed at the prospect of implementing these initiatives. In fact, a recent study found that 89% of organizations have plans to adopt a digital-first business strategy, however, only 44% have fully adopted this approach. At the root of these concerns is…
Are You Asking the Right Questions to Ensure Your Data Success?
Over the last decade we have seen the world of big data dramatically evolve. Prior to 2006, the technology did not exist to make sense of big data. It was too expensive to store all of the data a company generated, and there was not enough computing power to make sense of the information regardless…
Structured vs. Unstructured Data
The rise of big data has raised many questions for decision makers of enterprise businesses. One of these questions revolves around the topic of structured vs. unstructured data. Understanding these data types can help companies make better data-based decisions and develop cost-saving solutions. Data analysts and business stakeholders rely on data to produce actionable…
Guest Blog: Best Network Security Practices For 2019
A guest blog from Andrew Gazdecki at Foxpass. Foxpass increases your organization’s server and network security by ensuring employee accounts have access only to what they need. Their cloud-based LDAP, RADIUS, and server access control systems help you bring best security practices to your infrastructure. The network security industry is in a perpetual game of cat and rat (sorry,…
Why Craft Breweries Need Data Management Systems
In a time when Goliaths with massive market shares control almost every sector, there exists an extraordinary anomaly: craft breweries. In fact, between 2008 and 2016, the number of breweries expanded by a factor of six, and the number of brewery workers grew by 120 percent. With all this growth has come an overwhelming amount…
Got Budget? Need ROI.
Every year, Spiceworks, a professional network for the information technology industry, produces an annual report looking at IT budgets and tech trends. Their latest report, released this month, includes the results of a survey of more than 700 business technology buyers in North America and Europe. According to the report, nearly 90 percent of companies…
Top 10 Automation Investments You Need to Make in 2019
In November, market research company Forrester released a report looking at the future of automation in 2019. According to Forrester, the robotic process automation market is expected to reach $1.7 billion in 2019 and $2.9 billion in 2021.And along with this market growth, the report predicts that automation will become a central component of business…
Unleashing Your Data to Increase Profits
Last year, American software company Monetate released a report exploring how personalizing business communications can benefit a company. The report included the results of a survey of more than 130 senior marketers at companies across the country. Among the report’s key finding was that personalization efforts increase profitability. According to the report, 95 percent of…