Smart companies today use CI (Continuous Improvement). Smart companies also use big data analytics. Smarter companies know they can combine both to create an even stronger presence. CI is the philosophy of never-ending improvements on a product, service or process....
The era of big data is here to stay. Big data fuels the innovation of products and systems that consumers and companies have come to rely upon and expect.
The challenge faced by companies is not whether they should be using big data, but rather, how they can use big data in a way that benefits them and society while minimising the legal and ethical risks.
There’s no doubt that big data is having a big impact on business. But, is it here to stay? And, if so, what can we expect of big data over the next 10 or 20 years? Here, we take a look at some predictions.
Any CFO or financial manager will report that in this incredibly fast-spinning corporate world, their biggest dream is to make perfect, clear-minded decisions.
In a nutshell, that’s what we can do for you right here at Sensus Solutions. But we want to let you in on a little secret: one of the magic wands we wave for businesses is thanks to a brilliant bit of software called BOARD.
Being an effective and progressive CFO today means recognising that there’s more to technology than just considering how much it costs the bottom line. That’s because if the CFO and others in finance management are wielding that technology wisely, it makes doing their job easier and more effective.
For modern organisations, there are many distinct challenges involved when dealing with data. Technology and computing systems are making the storing and ‘number-crunching’ of big data more accessible to managers, without necessarily having a technical background in complex mathematics or statistics.
Big data was a term coined less than a decade ago to describe the sheer volume of information businesses have within their IT estates. It’s estimated that 2.5 quintillion bytes of data are created every day. The data deluge has had a huge impact on IT departments. Yet it’s also changing the way customers expect businesses to operate. As a result, CxOs are seeing the words “big data” on a daily basis. But amid the excitement and noise surrounding the subject, what are some of they key terms they need to know?
While small-time players might find the use of Excel to be more than enough, even the smallest of companies will eventually need to capitalise on the critical resource that is big data.
As business continues to speed ahead in the 21st century, there are plenty of new buzzwords. But one that captures just about every aspect of what you should be doing is simple: intelligence.
Great management and deep analysis of a business’ supply chain is nothing new. But what is true is that sales and operations planning is more complex, involved and integrated than ever before. What’s it called? – integrated business planning.