Category: analytics (Page 1 of 2)
Yes, our own Chef Watson will release her cookbook “Cognitive Cooking with Chef Watson” in the US on April 14!
I had the pleasure of meeting our chef down at SXSW in her food truck last year where she created a chocolate bacon burrito that I first cringed at and then loved!!! Since Chef Watson partnered with the Institute of Culinary Education (ICE), the recipes are creative and delicious.
The recipes from the cookbook are generated from the cognitive computer. This machine learning showcases the computer’s creativity, and its ability to “understand” flavor profiles and ingredient pairings. It drives the chefs to think outside the “norm”. The book promises to introduce us to new food and flavor pairings conceived by Watson.
I will be ordering the book of over 65 Watson generated recipes. How about you?
There was an exciting start to IBM’s Insight conference in Las Vegas starting first with our Outstanding Partners !!! And did you know that this is the LARGEST Big Data conference in the world!
As Bob Picciano said “Data is the WHAT; Cloud is the HOW, and Engagement is the WHY”
Here’s are just some of the exciting Facts that we’ve learned on the first day!
- 71% of companies planning to increase budgets for analytic systems and 60% of leading companies – compared to just 29% of lagging organizations – are increasing big data and analytics investment by double digits over the next two years.
- Most companies estimate they’re analyzing a mere 12% of the data they have, according to a recent study by Forrester Research. Is this good or bad? Are they missing out on data-driven insights hidden inside the 88% of data they’re ignoring?
- >91% of big data deployments are planned to augment existing data warehouse not replace them
- From IBM’s Business Tech Trend Study, nearly 70% of leading companies say analytics are integral to how their organizations make decisions, compared to fewer than 20% of lagging organizations
- 89% of leading companies have mature big data and analytics capabilities – 2x more than lagging companies.
- 74% of leading companies have most of the big data and analytics skills they need – 2 times more than lagging companies
- 33% of leading companies have an enterprise-wide analytics strategy – nearly 7 times more than lagging companies
- More than 80% of leading companies plan to increase use of social and mobile analytics over the next two years
- 80% of all data is geo-spatially managed in some way –Robin Jones
- A medical record is worth twice as much as a credit card on the black market.
And my 2 favorite quotes of the day. “Complacency is the early stage of irrelevance!” and “Innovation is key. Its engine sits on two pillars: Culture and Team”.
THE premier conference for big data & analytics is coming up in Las Vegas October 26-30!
See you there?
I love being able to snap a picture of a check with my smart phone and magically deposit the money into my bank account. No more sitting in a long line of cars to deposit a check or worrying about misplacing that tiny piece of paper! Big data and analytics has made this service possible for financial institutions, large and small, to make available to their customers.
Last week, during our Business Tech Trends webcast, Don Hopper of Fiserv, a provider of information management and electronic commerce systems, shared two reasons why big data and analytics is fuel for his clients:
- Small and midsize financial institutions can now leverage insights that traditionally were only available to large financial institutions. Analyzing the data allows them to increase revenue and build stronger customer relationships.
- Financial institutions can now more effectively manage mobile and digital channels, like remote deposit services, while analyzing how to increase its adoption.
Hear more from Don, as well as others, in our replay of the Business Tech Trends webcast.
Don’t miss out on this great opportunity for you to be part of the Watson Analytics Beta. This solution enables your business to put predictive capability into the hands of your business leaders like CMO, CHRO, and CSO.
You are invited to sign up for the Watson Analytics Beta Program. The time is now!
What kind of ideas for solutions do you have? What insights do you have to share? The 2014 Business Tech Trends study captured a tremendous amount of data. There are more insights than we could include in the Business Tech Trends study. And we’re making it available to you!
Here’s an opportunity for you to join us for our Bluemix JAM, download the data from the Business Tech Trends report, create your own Bluemix app with the data, and then share your cool insights with us!
Here’s an opportunity to hear from IDC analysts in a webcast as they share insight from the whitepaper they authored, “The Big Opportunity for IBM Business Partners in Big Data and Analytics.”
And, just as a teaser, here’s a sneak preview about the IDC findings:
- Projected revenue of over $32 billion by 2017
- Focus on Line of Business Decision Makers for sales
- Big Data and Analytics as a profitable “fast turn” business – potential of sales cycles lasting fewer than 90 days
The IDC whitepaper (requires IBM ID and password) includes the story of three IBM Business Partners (YaData, Aginity, and eCapital Advisors) as they approach the Big Data and Analytics market with their solutions.
This is such an important opportunity, that we’ve dedicated a webcast for this whitepaper. I can’t stress enough how important it is that you attend the webcast to learn more about the market opportunities with Big Data and Analytics.
I hope you’ll join me for the webcast. It will be an hour well spent!
I love disruptors. I love innovation and creative thinking.
So the CNBC Top 50 Disruptors was interesting. (read the full story here http://www.cnbc.com/id/100637276
I found it interested that ALL these companies are either based on Cloud, Social, Mobile, or Analytics. All are based CAMS!
And of the Top 20, 25% are Social Business oriented.
Whose your favorite? And what’s your biggest AHA on the list?