Research & Insights

When I attend industry conferences or speak with Chief Data Officers (CDOs) and Chief Analytics Officers (CAOs) of large financial institutions, one popular question that arises is, “What do you hear about open source analytics in other large banks? Is it ready for production?”

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Inquiry Response: Criteria for Prioritizing Analytics Projects

By Mark Molau, Apr 26, 2017

Available to Research & Advisory Network Clients Only

Inquiry:

  • What criteria are other companies using to realize the top priority analytics opportunities across their business unit or enterprise?

  • How are the criteria measured or evaluated?

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Inquiry Response: Advancing Analytics Capabilities

By IIA Faculty, Apr 25, 2017

Available to Research & Advisory Network Clients Only

Inquiry:

My organization has a hub-and-spoke approach to analytics and my team is one of the satellite business groups whose project proposals are perceived as less-valuable than other proposals with ROI certainty (e.g. sales proposals).

How do other organization’s business units in this position navigate this environment to move their analytics capabilities forward?

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Less than 30% of companies have a process in place to measure the return on investment of their emerging technology projects according to a recent survey of 150 CIOs and CTOs. Too many companies still measure the performance and business value they get from IT based on the old work of IT rather than the new work of IT.

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Strata + Hadoop World 2017: Big Data and Analytics Developments from the Heart of Silicon Valley

By David Alles, Apr 24, 2017

Available to Research & Advisory Network Clients Only

Strata is a large conference covering a diverse set of data, analytics, and business topics. Tuesday (3/14/17) featured morning and afternoon tutorials (22 total with half day and full day sessions) covering a range of topics including: Developing a Modern Data Enterprise, Getting Started with TensorFlow, Architecting a Data Platform, and Determining the Economic Value of Your Data. Wednesday (3/15/17) and Thursday (3/16/17) featured keynote sessions in the morning followed by 45-minute breakout sessions until late in the afternoon. There were up to 17 breakout sessions in each session block and the conference also had an Expo Hall featuring over 150 vendors. Our objective for this report is to summarize the common themes and key trends emphasized at Strata into an easy-to-read guide that can serve as both a general reference and a resource for planning analytics initiatives. With this in mind, the report is organized into the following seven sections.

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As I have discussed in prior blogs, the focus of enterprise computing for most of the 20th century was on deploying Systems of Record, first on mainframes, then minicomputers, then client-server systems. These were and continue to be the transaction processing backbones that drive global commerce. In the first fifteen years of this century, however, we have seen a profound shift in spending emphasis away from Systems of Record, which are now in maintenance mode, and toward Systems of Engagement, the focus being on connecting with customers, partners, and employees in digitally effective ways leveraging the ubiquity of smart phones. That movement has been inside the tornado for some time now such that, while there will be a lot of money spent here over the next ten years, I think it is time to look ahead to the next wave.

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Inquiry Response: Excellence in Analytics Awards

By IIA Faculty, Apr 17, 2017

Available to Research & Advisory Network Clients Only

Inquiry:

Our organization is interested in designing an Excellence in Analytics Award to complement our existing in-house analytics conference. What are the critical components for designing such a program?

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Inquiry Response: Socializing the Value of Analytics

By IIA Faculty, Apr 14, 2017

Available to Research & Advisory Network Clients Only

Inquiry:

Our Analytics Catalyst role fosters a culture of analytics and acts as a conduit to deliver measurable and actionable insights from different business groups back to our broader business. We have a strong leadership commitment to analytics, but while senior business leaders might understand the analytics strategy, many leaders of projects or teams throughout the business are disconnected from the strategy or do not use analytics. We are interested in hearing about the successes, difficulties, and cultural hurdles of making analytics a part of the day-to-day of a company.

Questions:

  • How do we accelerate the adoption of analytics though every level of the company and create a fundamentally analytical culture?
  • How do we deliver actionable insights in a seamless way to the broader company?
  • How do we align and structure the analytics functions of different business groups, keeping them connected?

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IIA 2017 Spring Symposium Event Summary

By Jack Phillips, Apr 13, 2017

Available to Research & Advisory Network Clients Only

IIA hosted its first client-only Symposium of 2017 on March 14, 2017 at the VMware campus in Palo Alto, CA. Over 100 of IIA’s research clients gathered for the Symposium featuring five keynotes and two panel discussions. Given the location in the heart of Silicon Valley, the theme of the Spring Symposium was innovation, disruption, and the growing role of technology in shaping how analytics and data management are executed inside enterprises today.

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Video: Innovation, Disruption, and Enterprise Analytics

By IIA Faculty, Apr 13, 2017

Available to Research & Advisory Network Clients Only

2017 Analytics Symposium - Silicon Valley

This presentation addresses how enterprises of all sizes can adopt a “start-up mentality” to transform their organizations and the industry. Featuring Geoffrey Moore, Author, Thought Leader.

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