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The dirtiest part of drilling for fossil fuels might not be the equipment, the oil and gas, or even the drilling mud. What's too often the dirtiest, meanest part might be extracting data and refining it for critical insights with data tools unfit for the job. Looking after a rig or a whole asset, you need a tool that immediately updates information as you change wells or filter conditions.
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In this whitepaper, IDC Financial Insights identifies the business challenges that banking and wealth management organizations face and how IT investments can help them address these hurdles. We examine how financial institutions can leverage customer analytics to drive additional business value for both the customer and the enterprise.
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At times, the volume of data overwhelms the system and some analysis is skipped entirely. In the end, there’s always a gap — analytic needs that no traditional tool seems to address. What’s needed is an analytic tool that delivers actionable insight quickly and easily to meet finance executives’ top priorities.
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In Hollywood, nothing is more chic than analytics. On TV shows like CSI and in films like Iron Man, the industry’s most iconic stars depend upon data to help solve crimes or thwart world destruction. Even superheroes rely on solutions accessed at the touch of a finger on a sleek, glowing screen. Hollywood gets it: analytics is sexy.
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Frustrated marketing executives sense that they could do better. Today’s savvy digital customers require companies to quickly identify them, respond to their needs in real-time 24/7, and take immediate action to earn and retain their loyalty. Companies can attract and serve these savvy consumers with an agile analytics platform that delivers critical value to executives and front-line marketers.
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The move to transform HR requires a better way for HR to access and analyze data. A modern analytic environment must offer three critical capabilities to the entire spectrum of HR staff so they can adequately support the enterprise.
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The insurance industry has been shaken by a world of challenges in an ongoing soft market. Global financial markets keep stumbling, public scrutiny keeps tightening, and new competition keeps emerging. Yet managers navigating this new world are encumbered by old, slow business intelligence tools.
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The problems of getting to true Root Cause Analysis (RCA) are numerous, involving as they do multiple systems, stakeholders and the very complexity of today's manufactured products. But the potential benefits are compelling: fewer returns, substitutions, reworks and less scrap; an enhanced reputation amongst customers; reduced warranty reserves; and a better understanding of what processes, materials, assemblies and even suppliers may cause future issues. If only we can know true root causes, then these areas are open to us.
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Sales success depends more than ever now on an analytics platform that supports sales organizations completely — with three critical functions...
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One of the key issues with warranty analytics is that the data that could
have warned of problems ahead was held in silos — a multitude of systems that all impact on the warranty and quality value chains: claims, CRM records, bills of material, product life cycle management, call centers, field service systems, part sales and orders, service technician help systems, dealer and distributor records, the list can be daunting. And then what are people saying about our products on social media? Even if we could bring all this information together, how do we make sense of it all and move
from reacting to warranty issues to a proactive and predictive
management strategy?
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Extreme volatility and uncertainty are the new normal, and financial
services companies must become more agile than ever to remain
competitive. The winners will be those that have the best view, the
quickest draw, and the surest aim — and that begins with smart changes
to business processes and technology.
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When it comes to collaboration, old business intelligence systems simply
drop the ball altogether. Analysts, managers, and others are forced to
rely on email, phone calls, and hallway chats. Crucial insight gets lost
in the shuffle.
The analytics platform built for today’s hyper-connected, global
marketplace shows its capabilities in several key areas.
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Risk, often so convenient to take lightly, has become even more important
as investors try to reach farther and farther as scrutiny tightens. They
require a new analytics platform that’s ready for the new era in finance —
readiness that shows itself as it meets risk management’s new challenges.
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This whitepaper proposes that a closed loop, with tight integration between the analysis and the dashboard, is essential to improving the decision-making process. Not having a closed-loop system results in a poor Return on Experience (ROE) and leads to both repeated business mistakes and missed business opportunities. The paper outlines the ideal solution that allows all users to contribute to the process, and concludes that achieving and sustaining a healthy ROE requires companies to go beyond the traditional dashboard.
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Big Data Analytics: Scaling Up and Out in the Event-Enabled Enterprise 2 “Big Data” refers to datasets whose size is beyond the ability of typical database software to capture, store, manage, and analyze (McKinsey Global Institute, May 2011). Big data sometimes arise from machine systems, e.g., log files that are constantly appending transactions. These data are growing rapidly; for example, the number of connected devices exceeded the world population before the end of 2011, and will reach 15 billion in 2015. In practical terms, “big data” is used to refer to high volume, high velocity, high variety and high complexity. Gartner refers to this combination of data volume, velocity, variety and complexity as “Extreme Information.”
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In retail banking and capital markets, IT initiatives and business projects are justified by improving productivity, reducing risk and/or growing revenues. The various functional areas of these organizations rely on big data analytics – trading and managing portfolios, creating value across customer relationships, detecting and preventing fraud and managing risk across the enterprise.
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In this paper you’ll discover how your organization can leverage the TIBCO Spotfire® platform to make meetings and planning workshops more collaborative and productive.
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This is an abbreviated version of the more detailed whitepaper that explores how companies are meeting analytics challenges around the growing number of clinical trials and a wide array of study designs.
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Within the telecommunications industry, both regulations and customer attitudes have advanced, but not all CRM systems have kept pace. Managers charged with keeping customers happy find themselves still burdened with old systems that require IT departments to tweak data for every new question. While questions about market segments, cost per gross add, average revenue per user and other metrics arise quickly and in fast succession, answers tend to come back slowly. This whitepaper explores predictive analytics solutions for customer churn.
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User Experience that Leads to Insights
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TIBCO Spotfire earned the highest overall scores in this analysis
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Across all industries, IT initiatives and business projects are justified by improving productivity, reducing risk and/or growing revenues. The various functional areas of these organizations rely on big data analytics – managing product portfolios, creating value across customer relationships, detecting and preventing fraud and managing risk across the enterprise.
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This document will review the emerging trends in warranty and quality management and examine the benefits of Warranty and Quality Analytics to companies that operate in this space.
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The significant change, which this paper addresses, is that Spotfire can now run its dimension-free data exploration environment against data held in Teradata, Oracle’s Exadata, SQL Server 2008 and 2012 and in SQL Server Analysis Services (SSAS). Since these engines can comfortably handle data volumes far in excess of that which can be held in memory, it is now possible to use Spotfire’s unsurpassed analytical capabilities against some of the largest data sets in the world. This provides much greater flexibility and also the ability to use the same tool for both classes of data provides some unexpected synergies.
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This white paper examines the pros and cons of in-memory analytics with particular reference to TIBCO Spotfire analytics solution. It is divided into four main sections: Introduction, Trade-offs, Overview of In-memory Approaches and TIBCO Spotfire Analytics’s approach.
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In this whitepaper, Neil Raden defines the term "analytics," contrasts it to Business Intelligence and provides a framework to understand the requirements of analytics: “The Ten Principles for Enterprise Analytics." Raden outlines ten rules for a complete analytics platform that serves the needs of a high percentage of knowledge workers
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Many question whether it's time to rethink the whole field of Business Intelligence (BI), of which analytics is a part, and move to a BI 2.0, a next generation set of software products. Alternatively, is it possible that the workforce may be outgrowing its reservations to analytics?
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Modern oil and gas production optimization calls for a modern analytic platform, one that performs in several critical areas.
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TIBCO Spotfire is the premier data discovery and analytics platform, which provides powerful capabilities for our customers, such as dimension-free data exploration through interactive visualizations, and data mashup to quickly combine disparate data to gain insights masked by data silos or aggregations.
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In this whitepaper, David Loshin discusses how reducing the dependence on traditional analytical tools requiring programming knowledge or deep application skills opens up the world of business analytics to a more “democratic” constituency, effectively equipping anyone in the enterprise to be empowered to develop and use analytics to achieve their business objectives.
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The critical mass for an on-demand world is composed of ubiquitous communications (the Internet), open standards and instant access. In an information-driven world, speed is king.
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The number of clinical trials underway each year has been increasing steadily, worldwide. With a broad range of study designs, varying data collection methods and time points, efficient data analysis in clinical development has become more important than ever. This whitepaper discusses how companies are meeting the challenges with new analytics approaches.
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This whitepaper discusses How a new form of data visualization promises to do away with the meetings we all know and loathe.
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In this whitepaper, Stephen Few proposes that true Business Intelligence can only be achieved when it supports human intelligence. He explains that this requires software that seamlessly interacts with one's brain to support and extend our cognitive abilities. He advises companies to take advantage of the techniques that information visualization researchers have developed to analyze data at the speed of thought and achieve the promise of Business Intelligence today.
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As history shows, some of the world’s greatest transfers of wealth and most swift industry restructurings have occurred during periods of rapid change – not unlike the one we are experiencing. In this whitepaper, Dr. Mark Whitehorn discusses the heighted pressure to make good decisions in bad times and what’s required of BI systems to combat tough economic environments.
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As companies seek new advantage, they are looking to Business Analytics for higher returns from two primary investments sources—information and expertise.
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TIBCO Spotfire’s software supports FDA-defined processes and quality guidelines, as well as pharmaceutical companies’ drug development, submission, review and approval processes.
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In this whitepaper, we take a detailed look at how Spotfire software is used to easily and quickly transfer best-practice analytics from experts to business users in order to speed decision-making by means of automating common analysis tasks, capturing best practices and providing a framework for distribution of analysis applications to meet the ever-changing needs of your organization.
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The critical mass for an on-demand world is composed of ubiquitous communications (the Internet), open standards and instant access. In an information-driven world, speed is king.
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This whitepaper outlines How TIBCO Spotfire analytics can guide you down the critical path to greater efficiency in the development of new drugs.
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In this white paper, IDC Financial Insights identifies the business challenges that insurance companies face and how IT investments can help them address these hurdles. We examine how insurers can leverage customer analytics to drive additional business value for both the customer and the enterprise.
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Enterprises surviving and succeeding in an increasingly competitive market with continuously accelerating market dynamics and speed will have to decide which basic platform and infrastructure to chose for fast, fact-based decision making. This whitepaper will help address some key considerations for Business Analytics.
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Business users need fast, intuitive, self-service analytics.