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Formula 1, Austin, and Big Data Analytics [F1 Infographic] - Forbes

Formula 1, Austin, and Big Data Analytics [F1 Infographic] - Forbes | The Evolution of Big Data Analytics and its 'final phase' Prescriptive Analytics | Scoop.it
It's a big weekend for Formula 1 fans in America: The return of the F1 Grand Prix to the U.S. The brand new Circuit of the Americas in Austin, TX will be home this weekend to 24 of the fastest drivers on four wheels.
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Big Data: A Picture Is Worth A Thousand Words

Big Data: A Picture Is Worth A Thousand Words | The Evolution of Big Data Analytics and its 'final phase' Prescriptive Analytics | Scoop.it

Big data: So if a “picture is worth a thousand words,” then why not make data discovery visual for business users so they can easily analyze and assimilate information?

 

A lot of ink has been spilled relating to big data; countless articles, blog posts and discussions are about how data is growing by leaps and bounds and how companies need the ability to store and manage peta bytes and zeta bytes of data. Unless a decision maker can access and analyze this data effectively, it isn’t worth much. If you are serious about managing big data, it’s time to truly visualize it to become a better decision-maker.

Sixty-five percent of business decision makers face a shrinking “decision window.” So if a “picture is worth a thousand words,” then why not make data discovery visual for business users so they can easily analyze and assimilate information? Visualization provides rapid access to data in a format that’s easy for business users to digest and use.

According to research, managers that make use of visual discovery tools are 10 percent more likely than their peers to access the information they need in the time necessary to impact decision making. This also impacts IT, as it frees up critical resources to support users more effectively...


Via Lauren Moss
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Finding the business value in big data is a big problem - Computerworld

Finding the business value in big data is a big problem - Computerworld | The Evolution of Big Data Analytics and its 'final phase' Prescriptive Analytics | Scoop.it
Finding the business value in big data is a big problemComputerworldNuttall set up an information "factory" and a business analyst competency center inside the organization to help spur creative uses of the data at OGE's disposal.

Via Lonnell Branch
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30 big data project takeaways | ZDNet

30 big data project takeaways | ZDNet | The Evolution of Big Data Analytics and its 'final phase' Prescriptive Analytics | Scoop.it
Summary: Here's a look at the big data lessons learned in the field from a bevy of technology execs.
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The Evolution of Big Data Analytics | Infographic

The Evolution of Big Data Analytics | Infographic | The Evolution of Big Data Analytics and its 'final phase' Prescriptive Analytics | Scoop.it

Today, executive management at large corporations - across industries - would like to make better business decisions by taking advantage of all the data (numbers, text, video, audio, and images) at their disposal. Also, these senior executives want the big-data-driven decisions to improve business outcomes and effect their top- and their bottom-lines - they want much more than pretty visuals and autopsy-type ‘analysis paralysis.’

 

AYATA created an infographic to educate these business executives on the different stages of the Big Data Analytics journey, eventually culminating in prescriptive analytics which allows users to both see and shape the future.


Via Michelle Corsano
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Energy markets bouyed | World Finance

Energy markets bouyed | World Finance | The Evolution of Big Data Analytics and its 'final phase' Prescriptive Analytics | Scoop.it

Oil and gas companies face multiple issues; uncertain availability of resources, competition from new energies, and pressure from environmental groups. World Finance presents its 2012 Oil & Gas Awards to the companies that are best securing the industry’s future


Via Fidan Aliyeva
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Big Data Is Transforming Healthcare

Big Data Is Transforming Healthcare | The Evolution of Big Data Analytics and its 'final phase' Prescriptive Analytics | Scoop.it
With the help of personal data trackers, people are measuring just about everything you can think of, Quantified Self founders Kevin Kelly and Gary Wolf said at the inaugural Wired Health Conference in New York.

Via Socrates Logos
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Ayata | Prescriptive Analytics®

Ayata | Prescriptive Analytics® | The Evolution of Big Data Analytics and its 'final phase' Prescriptive Analytics | Scoop.it

AYATA helps companies make smart decisions about the future of their critical business processes through Prescriptive Analytics software. More information about the landscape of Big Data Analytics Software vendors is contained in this infographic. 

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Don't Fire Your Analyst!! | Forbes

Don't Fire Your Analyst!! | Forbes | The Evolution of Big Data Analytics and its 'final phase' Prescriptive Analytics | Scoop.it

Interesting POV of the challenges organizations are having to overcome to become analytics mature. Instead, have an introspective look at your organization, and ask yourself – “Why are we not seeing the ROI from our analytics investment?


Via Michelle Corsano
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