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The Inexorable March in the Quantification of Me

Great post by +Julian Stodd 

Wearable technology will transform every aspect of everything we do.

"It will geolocate and contextualise information depending upon who you are with, where you are and what you are doing.

"It will help you achieve that thing you are doing by both pulling in new information and letting you share your story as you learn.

It will move us from formal, abstract, old world models of learning to ‘on demand‘ learning and performance support fit for the Social Age.

"It will ground our learning in facts of performance and support us in changing those facts."

#Lifelogging #Social #OnDemand #Storytelling  

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Agile Analytics: A Value-Driven Approach to Business Intelligence and Data Warehousing

Ken Collier, the Agile Analytics expert, shares three consistent truths that he has experienced during his time as a business intelligence consultant: "Building successful DW/BI systems is hard; DW/BI development projects fail very often; and it is better to fail fast and adapt than to fail late after the budget is spent." 

#BusinessIntelligence   #DataWarehouse   #OnDemand  

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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Affordable Analytics in the Cloud

Re: #BigData:
“As more businesses use ‘Big Data’ to boost profits, track trends and grow, the influx of analytics and “Big Data” will just become ‘Data’. In other words, massive data sets will become common data that more businesses use to propel growth and will be fully integrated within everyday operations.” — Andrew Urbaczewski, PhD
. . . 
Re:  #SaveMoney #Cloud #OnDemand
Affordable #Analytics : “Business analytics will become more affordable, with on-demand cloud based services that allow small businesses to spend less money. They won’t require the same massive capital investment of technology, server space and expensive programming, licenses and hardware that formerly only larger or wealthier companies could afford.” — Andrew Urbaczewski, PhD 
. . . 
Re: #LocalGovernment   #DecisionMaking  
Smarter Data: “As data becomes more readily available, usable and understandable, local governments will utilize existing data sets to make smarter decisions. For example, cities will utilize crime reports, school information and housing prices to make wiser decisions and more efficient investments.  This intelligent data will mean more government efficacy and smarter consumers.” — Andrew Urbaczewski, PhD  

Also see: #Entrepreneurs Reign http://goo.gl/HB3S0g

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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More Data, Less Time Adding to IT Pressures

Citation Re: #Managers #BusinessIntelligence   #OnDemand  
New research from the Aberdeen Group shows 28 percent of business managers want a business intelligence (BI) report on their desk within an hour of an event. If that's not bad enough, 18 percent -- nearly one in five managers -- want that report within "minutes," the report says. Another 42 percent are content if the information find its way to them within a day.

Re: #DecisionMaking  
And that time window is narrowing. Citing a separate study that has yet to be published, Aberdeen says 64 percent of business managers "have seen their decision window shrink in the last 12 months."
. . . 
Re: #InformationTechnology   #Dashboards  
IT organizations are typically responsible for collecting the data, assembling it into usable reports, populating some charts, and delivering the results to the business managers. But simply adding a column to a BI report takes the IT department eight days on average, according to Aberdeen's survey. To build a new dashboard giving clarity on the data can take a month.

Worse, a work order for such a change generally would be added to the backlog of work facing the IT department. And the research firm reported in March that backlogs for BI projects averaged 143 days.
. . 
Re: #SelfService  
Aberdeen argues that this "self-service" approach is preferable for two reasons. First, it shifts the burden away from the IT staffers who are "so overburdened that they cannot realistically achieve this quest anyway." Second, it represents "the only hope for those managers to gain the insights they need in the time required to support their decisions." #SaveTime  

Posted by +Daniel Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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5 principles of employee ownership and the future of public services

Francis Maude delivered the 2014 Robert Oakeshott Memorial Lecture on employee ownership and the future of public services. When he served as Treasury Minister in the early 1990s, he explains, "I was charged with developing the Citizen’s Charter, an early programme concerned with the systematic improvement of public services." He found  a defeatist consensus that has held back public services from achieving the same level of productivity with less money. Paradoxically, when the NHS budget more than doubled, its productivity "deteriorated". He noticed that "the apparent age of plenty seemed to have relieved the public sector of the need to be creative." And then money was no longer available: “We’ve run out of money. Now we must think” (quoting sir Ernest Rutherford for what he is allegedly once said).

"Our thinking led us to propose public service reform which has followed 5 principles.

1) "The first of those principles is openness, because transparency sharpens accountability, improves choice for the public, and it raises standards. So first, openness." / #Transparency  

2) "Second, digital by default. If a service can be delivered online, then it should only be delivered online because as well as being an order of magnitude cheaper - 30 times less than by post and 50 times less expensive than face to face - services delivered online can be faster, simpler and more convenient for the public to use. So second principle is digital by default." / #OnDemand  

3) "Third, a properly innovative culture, so public servants have permission to try sensible new ideas, moving away from the risk aversion that has tended to hold back progress. / #DriveInnovation     

4) "Fourth, tight control from the centre over common activities – like property, IT and procurement – because it reduces costs and encourages collaborative working. These tight central controls account for two thirds of the £10 billion we saved for the taxpayer just last year in central government spending alone." / #Purchasing   #InformationTechnology   #SaveMoney   #Collaboration  

5) "The fifth principle is loose control over operations, which is where employee ownership steps in. The people who know best how to deliver public services best aren’t the politicians in Westminster or the bureaucrats in Whitehall and in town halls, but the professionals working on the frontline. Tight control over the centre must be matched by much looser control over operations." / #BuildResilience  

Maude then delves into the benefits of public service mutualisation and the benefits of employee ownership in stirring up entrepreneurial activity in the sector. Worth a full read.

#Charities   #CentralGovernment   #UK  cc #Executives  

Posted by +Dan Durrant w/ +David Pidsley 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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Five key trends for #UK #manufacturing industry in next decade

"In line with other major economies, UK manufacturing has undergone a period of decline, yet continues to make a significant contribution to GDP. It remains vital for long term economic growth and sustainability. According to a 2012 study by McKinsey called ‘Manufacturing the future, the next era of global growth and innovation’, manufacturing generates up to 70 per cent of exports in major manufacturing economies, and up to 90 per cent of business R&D spending."
. . . . 
"There is considerable consistency with firms from different manufacturing sub-sectors expressing very similar concerns and plans for a range of external influences, including a volatile global economy, growing international competition, ever stricter legislation and sustainability targets, rising energy and raw material costs, the impact of new technologies, and business pressures to reduce complexity, boost efficiency, streamline operations and drive innovation."

Here are the top 5 trends that will impact the industry over the next ten years:

1.     Globalisation requires a new approach
Companies are moving closer to their customers and establishing a presence in regions with high growth potential or influence. / #Globalisation  

2.     Innovation and speed will be critical
According to PwC’s 2013 report ‘Preparing for Growth, manufacturers adopt new strategies for growth and competitive edge’, “survival in today’s global market and investing in the future requires organisations to innovate and be able to commercialise successful innovations quickly.” / #GrowIncome     #DriveInnovation  

3.     Portfolios and production lines will focus on profitable products
... shifting focus to a limited number of high-value, high-functionality products – those that generate the greatest revenue for the business. [...] Adopting new technology will help manufacturers bring their products to market faster than their competitors. / #OnDemand   #Production  

4.     IT and intelligence will have an inestimable impact
Improved enterprise resource planning software, the use of radio frequency identification (RFID) tags and enhanced production line automation and monitoring already boost efficiency and operations and will continue to have a significant impact on the manufacturing industry. [...] In addition, cloud-based technologies and software-as-a-service (SaaS) applications will underpin more collaborative, agile and mobile working practices. / #Collaboration   #InformationTechnology   #Mobile   #InternetofThings  

5.     Sustainability will be an industry-wide standard
"Energy costs are continuing to rise and there are increasing pressures to reduce environmental impact and waste. Over the course of the next decade many firms will be turning to newer, cleaner technologies to power their operations and support their services across the world. Energy management will become a key part of every manufacturer’s responsibilities." / #ConserveEnergy

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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Dow's smooth acquisition using BI

"In many finance departments, moving reports from operational to analytical data stores takes time, inhibiting the rapid analysis needed to support pressing decisions. This is a major challenge for large corporations such as The Dow Chemical Company. Dow unites chemistry and innovation with the principles of sustainability to address many of the world's most challenging problems, such as the need for clean water, renewable energy generation and conservation, and greater agricultural productivity.

"As part of Dow's focus on expanding its portfolio, it successfully integrated the largest acquisition in its history. In order to achieve a flexible, smooth acquisition, Dow needed to quickly consolidate financials for over 800 active global entities while also drilling down to accurate performance details behind the figures. By implementing BI software, Dow was able to reduce reconciliation efforts and streamline data validation and master data management procedures. Dow also disseminated the software to executives and business users to enable faster information access and ad hoc reporting, with the appropriate security and controls to meet compliance needs."

#BusinessIntelligence #MasterData #Merger #Finance   #NaturalResources #Executies   #OnDemand   #Security  

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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Location-based smarts

Some reasons to think about adding  #geodata to to your   #BusinessIntelligence  and analytics. Go  #Maps  !

Customer analysis. ...demographic or lifestyle data based on where people live... drive times to stores... sales forecasting models... profiling, segmentation and prospecting

Retail site selection and expansion planning. ...based on local demographic and economic data and geographic factors such as transportation access, the location of competitors and site sustainability.

Advertising and marketing promotions. Effective marketing messages must be tailored based on where customers are at a particular time. 

Sales territory design and optimization. ...design balanced sales territories... customer density, travel times between different sites, the locations of customers with high buying potential... 

Supply-chain management. ... help improve distribution planning and execution by supporting processes such as optimized multi-modal transportation routing and geofencing, which creates virtual boundaries and provides alerts when vehicles or goods cross them.  

Field service planning and tracking. ....  track vehicles and workers in real time. ... map assets and customer locations and help plan maintenance and service activities -- for example, through optimized vehicle routing. ... alert dispatchers when technicians approach, arrive at or leave a work site; how long they stay there; and whether they deviate from a specified route.

#GrowIncome  #Alerts #SupplyChain #Logistics   #OnDemand     #ReduceRisk     #Mobile     #Sales  

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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Can on-demand business intelligence break down pervasive BI barriers?

Helpful views from TechTarget re: #OnDemand   #BI  

"On-demand BI eliminates the need to purchase hardware and software that must be installed, configured, upgraded and maintained internally. The on-demand subscription model bundles all of those costs into periodic payments that enable customers to avoid the upfront expenditures for technology purchases along with the associated investments in IT support staff."
....
"Most end users are still relying on Microsoft Excel for their reporting and data analysis needs; many continue to build spreadmarts or data shadow systems to get the information they need to manage business operations and try to improve performance. "
....
"The end result is that IT is generally putting the needed data in place, but then it can’t enable the business to effectively use the information for reporting, analysis and decision making. And that drives business users back to their spreadsheets, because they still have important decisions to make whether or not they have functional BI systems that can help them make those decisions."

#OnDemand   #DecisionMaking   #BusinessIntelligence   #InformationTechnology  

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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Forrester: Best practice tips for #BI success

"Whether you call it 'big data' or not, increasing data volumes and the variety of data types that firms must process pose a challenge to existing ways of delivering BI and analytics capabilities."
....
"Continued economic uncertainty and major industry-changing dynamics like mobility and the shift to digital business put a premium on data and information. Whether it's optimising processes, improving customer service, increasing the accuracy of marketing initiatives, breaking into new markets, or seeking ways to get ahead of the competition, firms recognise that getting the right data to the right person at the right time is a key prerequisite to business success."
....
Read more about the best practices here: http://goo.gl/qK6vJM
No. 1: Put the business into business intelligence 
No. 2: Be agile and aim to deliver self-service
No. 3: Put a solid governance foundation in place

#BigData   #BusinessIntelligence   #OnDemand   #SelfService  

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com
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