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Are infographics the future of business intelligence?

Are infographics the future of business intelligence? | kinetics : data driven business | Scoop.it

Are infographics the future of business intelligence?Business intelligence adoption remains low in many companies - even if it's used at all. There are many reasons for this.


Via Yves Mulkers
Barry Magee's insight:

This was a game changer for a project I'm running in IBM.  The moment we were able to present data in a more visual way the users responded completely differently - even though the data itself was identical.  We in effect did some of the 'heavy lifting' in interpreting the data and refocused user 'call to action' away from interpretation and instead onto prioritization of what they were seeing and deciding what step to take next.

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kinetics : data driven business
articles focussed around the use of business intelligence and data driven decision making in the business environment
Curated by Barry Magee
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Rescooped by Barry Magee from Hot Trends in Business Intelligence
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Are infographics the future of business intelligence?

Are infographics the future of business intelligence? | kinetics : data driven business | Scoop.it

Are infographics the future of business intelligence?Business intelligence adoption remains low in many companies - even if it's used at all. There are many reasons for this.


Via Yves Mulkers
Barry Magee's insight:

This was a game changer for a project I'm running in IBM.  The moment we were able to present data in a more visual way the users responded completely differently - even though the data itself was identical.  We in effect did some of the 'heavy lifting' in interpreting the data and refocused user 'call to action' away from interpretation and instead onto prioritization of what they were seeing and deciding what step to take next.

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Big Data Prediction: Story Telling to be the New Innovation in 2015 - SmartCoders Blog

Big Data Prediction: Story Telling to be the New Innovation in 2015 - SmartCoders Blog | kinetics : data driven business | Scoop.it
Interpreting Big Data analytics in a story format will make it easy to comprehend information and glean actionable insights from it.

Via AnalyticsInnovations
Barry Magee's insight:

Narrative and Storytelling through use of Visualization is the key to unlock end-user adoption and engagement with any data-related endeavor.

http://businessofdata.tumblr.com/post/112541185372/so-id-planned-writing-this-post-about-something

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AnalyticsInnovations's curator insight, March 2, 10:57 AM

Is it ok to sacrifice, some amount of time in improving accuracy (not in correct results) for creating the story telling slides...?

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Data scientists: 'As rare as unicorns'

Data scientists: 'As rare as unicorns' | kinetics : data driven business | Scoop.it

For many of them, it isn’t only about compensation – though it is important for them to understand what they earn versus their peers. Also, unlike many MBAs, data scientists often don’t harbour ambitions to be the next CEO.

Instead, they are more motivated by recognition and respect from their peers than by the opinion of their supervisors. They are more inspired by cracking difficult problems than by implementing and maintaining the solutions they come up with.


Via Carla Gentry CSPO
Barry Magee's insight:

Couldn't agree more about the issue of motivation here and come across this point on an almost daily basis:

"they are more motivated by recognition and respect from their peers than by the opinion of their supervisors. They are more inspired by cracking difficult problems than by implementing and maintaining the solutions they come up with."

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Carla Gentry CSPO's curator insight, February 12, 8:44 AM

Companies such as Walmart are not afraid to give their data scientists difficult tasks. They take a pragmatic view and treat them as they do others involved in difficult and future-orientated quantitative tasks. At the same time, they recognise that data scientists work with unique types of data – such as unstructured information flows from social media channels

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16 Top Big Data Analytics Platforms - InformationWeek

16 Top Big Data Analytics Platforms - InformationWeek | kinetics : data driven business | Scoop.it
Data analysis is a do-or-die requirement for today's businesses. We analyze notable vendor choices, from Hadoop upstarts to traditional database players.
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Even Big Data Can’t Overcome Small Minds in Customer Experience

Even Big Data Can’t Overcome Small Minds in Customer Experience | kinetics : data driven business | Scoop.it
Hear that? Those are the sounds of angels singing as the customer experience is saved by high tech’s latest buzzword – big data. Too bad that no amount of big data can overcome small minds. Presu...
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IBM Watson Analytics Offers Powerful Analytics for Everyone - YouTube

IBM Watson Analytics Offers Powerful Analytics for Everyone - YouTube | kinetics : data driven business | Scoop.it
www.watsonanalytics.com IBM Watson Analytics puts analytics in the hands of every business user. Get instant access to powerful predictive and visual analyti...
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How IBM's Watson Could Do For Analytics What Search Did for Google - Datamation

“Top Tech News How IBM's Watson Could Do For Analytics What Search Did for Google Datamation IBM announced a new initiative this week to use a freemium model to move Watson, their English language AI interface for analytics, into the market more...”
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Small, not big data key to working out what consumers want - The Conversation AU

Small, not big data key to working out what consumers want - The Conversation AU | kinetics : data driven business | Scoop.it
“Small, not big data key to working out what consumers wantThe Conversation AUCorporations everywhere are hoovering up petabytes of data in a bid to understand and predict consumer preferences.”
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Big data study finds most productive people work in sprints: 52 minutes, rest ... - VentureBeat

Big data study finds most productive people work in sprints: 52 minutes, rest ... - VentureBeat | kinetics : data driven business | Scoop.it
“VentureBeatBig data study finds most productive people work in sprints: 52 minutes, rest ...”
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The internal KM consultant, methods, analysis, case example

The internal KM consultant, methods, analysis, case example | kinetics : data driven business | Scoop.it
The internal KM consultant Step 1: problem identification (a step series toward excellent knowledge capability)
Via John Hovell, Paul Hobcraft
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12 Reasons Your Business Needs to Get Visual

12 Reasons Your Business Needs to Get Visual | kinetics : data driven business | Scoop.it
“ The shift to the visual is evident everywhere we look, in all media — the infographic below explains why. A good, strong visual married to a good concept — with the right strategy and the right w…”
Via David Ednie, Paul Hobcraft
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David Ednie's curator insight, July 12, 2014 3:46 PM

90% of information transmitted to the brain is visual. Are you communication visually to ensure that your message reaches your audience's brain?

malek's curator insight, July 13, 2014 8:07 AM

#1 The online world revolves around visuals. Period

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Unstructured Data Offers Big Benefits - Information Management

Unstructured Data Offers Big Benefits - Information Management | kinetics : data driven business | Scoop.it
“Unstructured Data Offers Big Benefits Information Management "Unlocking information from this content is not a trivial task, and many organizations face roadblocks because of a lack of appropriate technology and processes," Dave Schubmehi, research...”
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Business Intelligence Tools Ranked by Features & Functions

Business Intelligence Tools Ranked by Features & Functions | kinetics : data driven business | Scoop.it

Business Intelligence Tools Ranked by Features & Functions in 2014 BI Gleansight Customer Think The 2014 Business Intelligence Report from Gleanster Research showcases business intelligence tools ranked by four criteria: ease of use, ease of...


Via Yves Mulkers
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Rescooped by Barry Magee from Strategy and Competitive Intelligence by Bonnie Hohhof
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Data-Driven Decisions: Rethink Your Approach

Data-Driven Decisions: Rethink Your Approach | kinetics : data driven business | Scoop.it
Business planning based on BI and predictive analytics is still uncharted territory for many executives, particularly those without IT backgrounds. What complicates this process is that CEOs often feel that analytics are too complicated to incorporate into their workflow, and sometimes find them constraining rather than offering a range of options. These misconceptions and ideas around BI leads to an ironic challenge: The data is there to reduce the fear in decision-making, yet the inability to utilize it and the lack of trust in it perpetuates “go with your gut” as a standard business practice. This needs to change to promote better business practices that will truly show an impact on any company’s bottom line.
Via Bonnie Hohhof
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Mapping The Data Driven Customer Experience Journey

Mapping The Data Driven Customer Experience Journey | kinetics : data driven business | Scoop.it
Investing in a comprehensive customer experience program enables organizations to effectively connect with their customers, enhancing service delivery and
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Rescooped by Barry Magee from optics : making meaning in data accessible
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Deloitte Review, Issue 16

Deloitte Review, Issue 16 | kinetics : data driven business | Scoop.it
It’s the last mile for big data—creating products and services from crowd-based insights, and applying behavioral economics at a personal level. In addition, Deloitte Review issue 16 takes a practical look at cognitive technologies; unlocking the value of the Internet of Things; the manufacturing skills gap and how to address it; and the journey to exceptional performance.

Via Bonnie Hohhof, Barry Magee
Barry Magee's insight:

creating products and services from crowd-based insights, and applying behavioral economics at a personal level

They've certainly hit on the key issue for me which is the interface between analytics and user-friendly insight. Too often the work of analytics doesn't take end user into account which is both a visual and interpretive challenge as well as a more nuanced approach on the WHY this new 'nugget' should be important to some - the behavioural economics angle they refer to.

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Simran Kaur's curator insight, January 31, 7:09 AM

good

Barry Magee's curator insight, January 31, 2:06 PM

creating products and services from crowd-based insights, and applying behavioral economics at a personal level

They've certainly hit on the key issue for me which is the interface between analytics and user-friendly insight. Too often the work of analytics doesn't take end user into account which is both a visual and interpretive challenge as well as a more nuanced approach on the WHY this new 'nugget' should be important to some - the behavioural economics angle they refer to.

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How to Make Marketing Analytics Easier | Convince and Convert: Social Media Strategy and Content Marketing Strategy

How to Make Marketing Analytics Easier | Convince and Convert: Social Media Strategy and Content Marketing Strategy | kinetics : data driven business | Scoop.it
Tons of marketers hate data, so they only focus on the low-hanging fruit. These “vanity metrics” include data like total page views, Twitter followers, and other fluffy numbers. The strongest marketers are the ones who collect actionable data.
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Deliver Business Value Through Big Data: Make It Small

Deliver Business Value Through Big Data: Make It Small | kinetics : data driven business | Scoop.it
The distinction between wasted investment and transformation — the ability to convert Big Data opportunity into value — will be focus and agility.
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Four Keys to Making Data Analysis a Competitive Advantage, and the Big Data “Ambiguity”

Four Keys to Making Data Analysis a Competitive Advantage, and the Big Data “Ambiguity” | kinetics : data driven business | Scoop.it
The use of data to drive decision-making is a well accepted practice, that has proved its effectiveness for years in business fields such as competitive intelligence. The only difference from previous uses of data-driven decisions is the size, diversity, and speed of the databases, which enhance the need for powerful computer systems and structures that few companies can afford. What most of us are doing falls in the scope of business intelligence, or analytics: a systematic way of extracting knowledge from data to drive decision making.With this in consideration, what would be a relevant scenario for successfully implementing a competitive strategy based on data analysis?
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How Statistical Science Can Advance Big Data Research Projects - insideBIGDATA

How Statistical Science Can Advance Big Data Research Projects - insideBIGDATA | kinetics : data driven business | Scoop.it
“How Statistical Science Can Advance Big Data Research Projects insideBIGDATA Science, society and our fields will all benefit,” says Edward Lazowska, the Bill and Melinda Gates Chair in Computer Science and Engineering at the University of...”
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Communicate More Creatively with Analytics [AUDIO]

Communicate More Creatively with Analytics [AUDIO] | kinetics : data driven business | Scoop.it
“we can be more creative because we add a rigor to our creativity that allows us to try riskier things. Here's how analytics helps.”
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Zvi on Twitter: "Moore's Law of Big Data: http://t.co/0hmLozzSZ1"

Zvi on Twitter: "Moore's Law of Big Data: http://t.co/0hmLozzSZ1" | kinetics : data driven business | Scoop.it
“RT @nivertech: Moore's Law of Big Data: http://t.co/0hmLozzSZ1”;
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Mining Massive Datasets

Mining Massive Datasets | kinetics : data driven business | Scoop.it
“ Mining Massive Datasets is a free online class taught by Jure Leskovec, Anand Rajaraman and Jeff Ullman of Stanford University”
Via Athanasios Triantafyllakis
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Athanasios Triantafyllakis's curator insight, September 17, 2014 12:13 PM

Now that's an interesting course!!!

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The Four Elements of Balancing Big Data, Intuition, Decisions, and Results

The Four Elements of Balancing Big Data, Intuition, Decisions, and Results | kinetics : data driven business | Scoop.it
“The Four Elements of Balancing Big Data, Intuition, Decisions, and Results Intelligenthq The four elements of balancing big data, intuition, decisions, and”
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Big Data - Is it for Small Business ?

Big Data - Is it for Small Business ? | kinetics : data driven business | Scoop.it
The "data dividend" could be worth $1.6 trillion (£950bn; 1.2tn euros) to big business over the next four years.But what about the "Small or Mid size Business? Big data - and all the useful insights (Big Data - Is it for Small Business?
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