As savvy financial services professionals know, many industry players have multiple product and business lines that are constantly changing due to shifting customer and market demands. One TIBCO Spotfire client, CFS Consulting Group, is well aware of these challenges. CFS Consulting is predominantly focused on providing its clients with custom… Read More →
One of the greatest fears for manufacturing executives is the threat of a product glitch. Depending on the size and scope of a problem and the number of products or consumers affected, product recalls can mean billions of dollars in recall costs for manufacturers, not to mention legal and medical… Read More →
With a hint of autumn in the air across the US and NFL training camps in full swing, Fantasy Football “owners” are scouring data looking for an edge in draft preparation. Simply, effective Fantasy Football draft strategy demands laser-like focus on statistics produced by individual players. High value stats include… Read More →
Predictive analytics can help CFOs and other business leaders examine a full range of market and operational data that can help them better forecast business outcomes (e.g., revenue, profits, operational costs).
Organizational leaders who make decisions based on pockets of business data don’t get a 360-degree view of operating conditions. This lack can lead them to take actions that aren’t completely informed, resulting in lowered accuracy in projected business or operational outcomes.
By Lou Bajuk-Yorgan (@LouBajuk) Director, Product Management Spotfire, TIBCO Software In recent years, millions of statisticians and data scientists have flocked to using the R language for computational statistics, visualization, and data science. While there are a number of adaptations of the open source R language, it’s important to recognize that not… Read More →
Companies that put data science at the heart of their strategies and operating business landscapes are seeing tangible bottom-line benefits. That’s the conclusion of a new white paper from A.T Kearney and Carnegie Mellon University that details how leading companies are driving innovation through analytics.
One of the greatest strengths of predictive analytics is enabling employees, contractors, and business partners across different teams to share data and insights across related projects. This type of successful collaboration has helped fuel impressive production results for TIBCO Spotfire client Kuwait Oil Company.
Programs such as “Orange is the New Black” and “House of Cards” from Netflix have come together in large part because of the media company’s data-driven understanding of its viewers and its ability to determine the type of content they want. Netflix and other broadcasters are increasingly relying on big… Read More →
There are multiple components that factor into pricing decisions – competitors’ prices, product costs, the price that consumers are willing to spend. Monitoring the complexity of pricing variables can become overwhelming for decision-makers at enterprise companies that have hundreds if not thousands of products in their inventories. Business leaders can… Read More →