Analytics ROI - How to Measure and Maximize the Value of Analytics?

Jan 24, 2015 by Art McDonald in Banking Analytics

ABSTRACT:

Analytics ROI is directly related to how an organization perceives their Business Analytics program.  This article illustrates how an investment in an Analytics initiative that directly supports strategic objectives and provides a measurable return on investment will generate a high return on...

Analytics, Automation, Profit and Employment

Jan 22, 2015 by Barry Devlin in Information Architecture

ABSTRACT:

Why, oh why does the relationship between analytics, automation, profit and employment seem to elude so many people?A nicely rounded post by Scott Mongeau, “Manager-machine: analytics, artificial intelligence, and the uncertain future of management”, from last October came to my attention today...

Dirty Data Lakes and Dubious Analytics

Jan 22, 2015 by Barry Devlin in Information Architecture

ABSTRACT:

We have entered a period of history where information has become super-abundant.It would be wise, to consider all the ways this information can be misinterpreted or abused.Through ignorance, so-called confirmation bias, intention to deceive, and a dozen other causes, we can mislead, be misled, or...

Five Essential Elements of MDM

Jan 22, 2015 by Dan Power in Information Governance

ABSTRACT:

I think you can boil a successful Master Data Management (MDM) initiative down to these five essential elements:(1) A hub of some type – there are three major types of MDM hubs. In a Persistent Hub, all of the critical data is copied from the source system into the hub. In a Registry Hub, only...

Information Architecture and the Human Dimension, Part 1

Jan 22, 2015 by Barry Devlin in Information Architecture

ABSTRACT:

Information and data—two words we use almost interchangeably and without agreed definition in the IT industry. Add architecture, management or governance to either or both of them and the resulting cognitive dissonance can reach fever pitch. Speak to anyone in the business about some or all of...