A Data Science Central Community
With increasing frequency, CIOs are being asked by their senior management, “What’s our big data strategy?” But do you really need a big data strategy?
In our view, companies should instead focus on data…Continue
Added by Gabriel Lowy on January 26, 2016 at 11:48am — No Comments
To improve decision outcomes and operational performance, financial markets firms are incorporating new technologies such as advanced analytics to speed trends analysis and behavior pattern recognition in ever-larger data sets, including big data. The new technologies apply not only to investment risk and return management, but also to…Continue
Added by Gabriel Lowy on September 9, 2015 at 9:08am — No Comments
Big data is most often defined by volume, velocity and variety. But it is veracity, validity and value that are big data’s real 3Vs. For it’s the information we glean from data that yields better decisions.
The big risk in the big data hype is that we don’t focus on the value – and quality – of the data we are storing and analyzing. We will expend a lot of cost and energy to generate a low return on all of that data because the models and algorithms they drive will serve no more…Continue
Added by Gabriel Lowy on February 20, 2014 at 3:41pm — No Comments
The mainframe’s strongest assets – scalability, reliability, availability, security and manageability – are the very characteristics that enterprises are most concerned about as they consider moving business-critical services to a cloud-based architecture. Can the mainframe be a cloud platform?
Recent surveys underscore customer confidence in the mainframe’s ability to perform in new service delivery models. Growing numbers are considering IBM’s zSeries Enterprise as a cloud…Continue
Added by Gabriel Lowy on August 1, 2013 at 10:21am — No Comments
The link between strategy and data has never been stronger. And the economics between the two has never been clearer; the potential return on a properly implemented big data analytics investment can be nothing short of game-changing – if it is done strategically. It is therefore imperative to make data strategy part of corporate strategy.
The three main levers of return on investment (ROI) are cost efficiencies, productivity gains and incremental revenue generation. These levers…Continue
Added by Gabriel Lowy on July 26, 2013 at 8:27am — No Comments