By Bill Franks, Dec 11, 2014
Want to uncover interesting ways to drive value from data? Look for ways to provide value to external, third party stakeholders through analysis of the data that your organization initially collects just for itself.
By IIA Faculty, Dec 10, 2014
Available to ERS Clients and Professional Members
Each year, IIA asks its faculty and leadership to offer perspective on what the world of analytics will look like in the coming year. This year we also solicited predictions from our diverse community of analytics practitioners. The following ten predictions were selected by a panel of judges to represent IIA’s outlook for 2015:
By Bill Franks, Nov 12, 2014
While connection analytics won’t solve all of your organization’s problems, it can probably help solve some of them better. Given that it isn’t widely adopted yet, there is a chance to get a competitive advantage by putting it to use first. Ignore connection analytics at your own peril!
By Bill Franks, Oct 08, 2014
I recently had a meeting with one of the largest companies in the world, where we discussed concerns about ongoing maintenance and, more importantly, ongoing repair required for analytics processes. The conversation helped solidify in my mind a major disconnect that often occurs when organizations deploy an analytics process into a production setting. Let’s walk through that disconnect here.
By Bill Franks, Sep 11, 2014
The range of immersive visual worlds that can be created is limited only by the types of data that exist and how that data can be utilized. In other words, it is virtually limitless.
By Bill Franks, Aug 13, 2014
Many organizations fall victim to what I’m about to discuss and a fundamental shift in how organizations think about and fund analytics is required to address it. Today, the systems used to facilitate analytics within most organizations are owned by IT, which means that IT owns the budget to purchase and maintain the systems
By Bill Franks, Jul 09, 2014
With all of the lawsuits working through the courts and all of the scary possibilities being discussed in the media, it has led some people to assume that big data is inherently evil. Once you believe that big data is evil, a natural response is to try and shut down the collection and analysis of big data to the maximum extent possible. While big data certainly has risks, it would be a classic case of throwing out the baby with the bathwater if the use of big data is shut down.
By Bill Franks, Jul 09, 2014
Available to ERS Clients only
What should be considered when establishing relationships between analytics teams and IT resources and partners?
By Bill Franks, Jun 17, 2014
Bill Franks, an IIA faculty member and Chief Analytics Officer for Teradata, was recently featured in a webinar discussing approaches to making big data more actionable and profitable by utilizing data visualization tools and strategies. The talk highlighted the important opportunities and level of insight that big data and analytics can provide organizations and shared how visualization tools can better support decision making and lead to discovery of new insights.
By Bill Franks, Jun 11, 2014
Pursuing innovative analytics through a portfolio funding model isn’t about removing accountability or financial discipline. It is about applying accountability and financial discipline in a way that accounts for the realities of the situation. It is also about providing leeway to the analysts tasked with discovery and innovation to truly try new approaches to improving a business through analytics.