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Trends and Outliers

TIBCO Spotfire's Business Intelligence Blog

02/12
2014

Data Visualization To Boost Business Performance

There is no denying corporate profits are increasing. But, economists and business leaders are expressing growing concerns that weak consumer confidence, ongoing layoffs, flat wages, and other economic factors are weakening consumer buying power and will prevent corporate profits from continuing to climb.

Unknown Data Visualization To Boost Business PerformancePressure on business leaders has been intensified, and when combined with the challenges of keeping pace with dynamic market conditions, decision makers can no longer rely on stale Excel spreadsheets to make informed decisions.

Business leaders need real-time, actionable insights on customer, financial, operational, and market data that allow them to act quickly – ahead of their competitors – on rapidly changing conditions.

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02/11
2014

Big Data Analytics: The Key To Understanding the Cross-Channel Customer

Customers use a variety of channels to interact with companies today, including voice, web, chat, mobile, social, desktop video, etc. Not only do customers use different channels to satisfy specific needs, they also move from one channel to the next to do so.

omni channel 1 300x279 Big Data Analytics: The Key To Understanding the Cross Channel Customer For instance, a customer may research a product online and then enter into a click-to-chat discussion with an agent to get answers to his questions.

When the customer does this, he expects to move fluidly from one channel to the next. But he also expects the contact center agent to know the nature of the issue he was trying to resolve online.

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02/10
2014

Building Intelligence into Manufacturing with Data Analytics

Many manufacturers have invested heavily in information technology systems to make decisions and execute plant operations. But these same firms often find that they’re missing key pieces of information needed to detect problems before they negatively affect operations.

images Building Intelligence into Manufacturing with Data AnalyticsHowever, there are ways that manufacturers can build intelligence into their plant operations, according to a new report from Aberdeen Group that details the ways top performing companies successfully adopt big data analytics.

“Technology has given us the capability to access information as never before, so it’s ironic that manufacturing data continues to be trapped,” the report notes.

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02/06
2014

Evolving to the Analytics of Things

The Internet of Things – where sensors and other devices are interconnected to one another – continues to garner attention from researchers, industry leaders, and practitioners.

internet of things 1 300x245 Evolving to the Analytics of ThingsBiometrics Research Group Inc. forecasts that the Internet of Things will skyrocket from two billion connected devices today to nine billion connected devices by 2018.

And Google appears to be making a “land grab” for the Internet of Things through its recent acquisitions of robotics companies including Boston Dynamics, Nest, and DeepMind, which could be used to support a network of artificial intelligence-driven robots and other devices that could be used to improve transportation, manufacturing, and other aspects of day-to-day life.

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02/05
2014

For a Competitive Advantage, Try Visual Data Discovery

The reams of data companies capture about their businesses – combined with the vast volumes of data consumers are generating – can help companies yield insights to create new revenue streams and boost the bottom line.

shutterstock 172050770 300x200 For a Competitive Advantage, Try Visual Data DiscoveryBut the technology landscape to exploit big data can be confusing. For example, what is the difference between data discovery and data visualization?

Limited User Interaction with Information with Data Discovery

Data discovery is “the discovery of relationships between data elements, regardless of where the data is stored,” according to Bloor Research.

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02/04
2014

The Data Analytics of Super Bowl XLVIII and the Best Data Geek Commercials

Sometimes when you make predictions based on the available data – they just turn out wrong. Really wrong – especially when it comes to sports. And that’s the takeaway from Super Bowl XLVIII. Three predictions gone awry. Very awry.

shutterstock 88721260 300x225 The Data Analytics of Super Bowl XLVIII and the Best Data Geek CommercialsLet’s start off with the hope we all put in Punxsutawney Phil, American’s favorite weather forecaster. We weren’t really surprised by his forecast, but we were hoping (predicting) that he would give this cold, snowy nation a little glimpse of warmth ahead.

Nope. He saw his shadow. And it’s six more weeks of winter.

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02/03
2014

How Big Data Can Help Prevent Bullying

Regular readers of our blog are probably aware that typically I like to write about the off-beat, quirky, fun uses of big data and data analytics.

shutterstock 117751126 300x300 How Big Data Can Help Prevent BullyingToday, however, I’m going to focus on an extremely serious subject – bullying – and how Viraj Puri, a 13-year-old boy from Virginia, is using big data to try and put an end to it.

The fact is bullying affects nearly one in three American schoolchildren in grades six through 10. Viraj’s brother was one of those children.

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01/30
2014

First Responders Use Big Data to Save Lives

Time is precious for first responders who react to emergency situations such as fires, ambulance calls, motor vehicle accidents, and natural disasters. As police, firefighters, and other emergency workers know all too well, minutes can mean the difference between life and death.

firefighter 300x225 First Responders Use Big Data to Save LivesFor instance, for every minute a person goes without emergency medical help after suffering a cardiac arrest, that person’s chance of survival goes down 7% to 10%, according to the American Heart Association.

This is one of the primary reasons that first responders are increasingly using big data from a variety of inputs – roadside sensors, security cameras, and GPS systems – to enable them to be more informed and respond more efficiently to accidents and other emergencies.

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01/29
2014

Letting Go of Excel: It’s a Breakthrough, Not a Breakup

Are you looking for a way to help your users and analysts develop a greater understanding of your company? If your answer is yes – and it should be – then we propose a breakup with Excel.

moving beyond excel 620x360 300x174 Letting Go of Excel: Its a Breakthrough, Not a BreakupIt’s not that Excel isn’t good enough for your data. There is just a better and faster way to visualize information, and find key insights in the data you’re collecting in those spreadsheets that flow from databases with marketing and sales backend analytics and information.

So, just like when you’re deciding to breakup with a vendor, we’re offering some pros and cons of moving to a data discovery platform such as Spotfire Cloud.

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01/28
2014

Data Analysis To Power Innovative Product Design, Marketing

Having worked at EMI Records for more than a decade, Chantal Restivo-Alessi is no stranger to having consumers strike a staggering blow to an industry by moving to digital.

shutterstock 102638654 300x200 Data Analysis To Power Innovative Product Design, MarketingRestivo-Alessi, now chief digital officer at HarperCollins, knows first-hand the damage a company can suffer because of its reluctance to embrace new digital models.

As head of the publisher’s digital arm, she has resolved not to let that happen to HarperCollins, and big data is playing a large role in her strategy, she tells Fast Company.

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