A Pitfall To Avoid When Funding Big Data Analytics

Posted on: August 14th, 2014 by bfranks No Comments

 

In June, I wrote about the need to fund portfolios of analytics as opposed to individual projects in order to enable analytic innovation. Tied to that theme is a common pitfall with corporate budgeting that I’d like to address here. Many organizations fall victim to what I’m about to discuss and a fundamental shift in         Read More…

Is Big Data Good or Evil?

Posted on: July 10th, 2014 by bfranks No Comments

 

With all of the lawsuits working through the courts and all of the scary possibilities being discussed in the media, it has led some people to assume that big data is inherently evil. Once you believe that big data is evil, a natural response is to try and shut down the collection and analysis of         Read More…

 

Large companies tend to play it safe, and that’s often an understatement. When it comes to getting funds approved for a new project, most companies have a formal process that must be followed. This process typically includes detailed assessments of the costs, risks, and benefits of the proposed effort. This approach works great for many         Read More…

Quick … Invest In This CBIMBDMLAAS Company!

Posted on: May 8th, 2014 by bfranks No Comments

 

Did I get your attention? Good! I know that CBIMBDMLAAS is a mouthful, but I am confident that I will be able to round up some funding pretty easily for my new company that will be focused on the CBIMBDMLAAS space. Before I reveal the exciting focus of this investment friendly business idea, let me         Read More…

When Machine Learning Isn’t Learning

Posted on: April 10th, 2014 by bfranks No Comments

 

Terms come in and out of vogue on a regular basis. In recent years, the use of the term Machine Learning has surged. What I struggle with is that many traditional data mining and statistical functions are being folded underneath the machine learning umbrella. There is no harm in this except that I don’t think         Read More…

Big Data’s Big Flip-Flop

Posted on: March 13th, 2014 by bfranks No Comments

 

It wasn’t too long ago that many people espoused the decline, if not death, of the SQL language and relational database technology in general. As a level set, remember that relational technology stores data into rows and columns and that the way to access relational data is through Structured Query Language (SQL). For a couple         Read More…

Hacked By The Internet Of Things!

Posted on: February 13th, 2014 by bfranks No Comments

 

One of the fastest rising trends today is the Internet of Things (IOT). For those who don’t know, the Internet of Things refers to the vast network of connected devices that communicate with each other to relay information. That information is usually captured by sensors. As sensors and transmitters become cheaper, more and more everyday         Read More…

Analytics Matters!

Posted on: February 13th, 2014 by bfranks No Comments

 

As we enter 2014, we are in the middle of a fundamental transformation in the way businesses view analytics. Analytics are now seen as core to a business. Analytics matters. I am extremely pleased to see this happen and that people like me no longer have to fight to make the value of analytics visible.         Read More…