My Top 10 "Facts" of Big Data and Analytics from IBMInsight Today!
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".
Big Data and Analytics doesn't have to be Scary!!! Learn more!
Here's a non frightening way to learn about Big Data and Analytics! 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.
Big Data helps to Alleviate Diabetes with companies like Diabetizer
My brother has Diabetes. He has had it since he was young so I grew up with this disease in my family.
But a cure for diabetes could be imminent after scientists discovered how to make huge quantities of insulin-producing cells, in a breakthrough hailed as significant as antibiotics.
Harvard University has, for the first time, managed to manufacture the millions of beta cells required for transplantation.
It could eventually mean the end of daily insulin injections for the 347 million people globally living with Type 1 diabetes and it will provide new forms of treatment for those suffering with Type 2 diabetes.
In the meantime, take a listen to this set of BlueMix apps -- one of which is Diabetizer using "data" to help people with this disease. ( http://www.diabetizer.com/?lang=en )
Digital tip of the week – How to write a perfect LinkedIn summary
The summary section on your LinkedIn profile is your presentation letter to the world and the way you can encourage people to read on. Simplicity is key to have a good summary that will reflect and summarize the rest of your profile. Here are some recommendations:
- It should be detailed, but concise. But try to use the 2,000 characters available leveraging key words and phrases related to the role and the business.
- Be organized: try to not have your summary look too cluttered, instead break it up with Subheads and make it easy to read.
- Include your contact information. Make it easy for people to find you.
Digital tip of the week – How to Import your email contacts as connections in LinkedIn
Digital tip of the week – How to Import your email contacts as connections in LinkedIn
You can connect with most people you’ve done business through your email. LinkedIn allows you to search through your email contacts to find anyone who might have slipped your mind or works in a different industry now.
To import your address book:
- Click the Add Connections icon in the top right of your LinkedIn homepage.
- Click the button for the email provider you use. If you don't see your provider, click the Any Email button.
- Enter your information.
Direct from India: Content Transformation on steroids!
Imagine if you had access to a single platform that enabled you to create, manage, and convert multiple file formats. Think of it as content transformation on steroids! One could literally save untold amounts of time and even resources with such a platform tool!
The SmartCamp India winner, Stelae Technologies, has such a solution!
Stelae Technologies’ solution, Khemeia, is an automated solution (secure on the cloud and on premises) that enables an end-to-end workflow for information management. With at least 70% of cost savings over current solutions, Khemeia is one platform for multiple file types (PDF, Word, ASCII, etc) and enables rapid turnaround times for converting files into multiple output formats (XML, S1000d, XBRL, etc.).
Stelae Technologies has many recognizable clients, such as Indian Air Force, Rolls Royce Aerospace, Wolters Kluwer, DCNS, Deutsche Bank, and PricewaterhouseCoopers.
Follow them @arunasch. I'd say they are already off to a great start!
Congratulations to Stelae Technologies!
Helpful link: Stelae Technologies -> http://www.stelae-technologies.com/
More cool IBM BlueMix apps! You have to check these out!
More cool Bluemix Apps!!!!
Bluemix is IBM's Cloud Platform built on Cloud Foundry’s open technology, enabling businesses to rapidly adjust to customer needs by allowing developers to mix and match different interoperable app services and tools. Powered by SoftLayer’s global cloud footprint, Bluemix – unlike similar platforms – offers developers the cloud power they need to build without ever having to configure an infrastructure.
Bluemix addresses a growing demand to more easily build cloud-based, creative mobile and web applications - without needing a high-level of technical know-how.
Digital tip of the week – How to block/unblock a contact in LinkedIn
Spam is a reality in LinkedIn too. Even if you have the choice to select your connections, you might allow someone by mistake. Sometimes a fake or misused profile can fill your inbox with unwanted promotions or spam that is not really necessary, apart that they would have access to some of your personal data.
To block a member for viewing your profile, go to his or her profile and move your cursor over the down arrow next to the button in the top section, select Block or report, and then click Block and Continue. The final step would be to click Agree to confirm your action.
The blocked member won’t receive any notification but you would need to add this person again to your network if you decide to unblock him. All their endorsements and recommendations from your profile will also be removed permanently.
You can unblock a member in the Privacy & Setting section, under “Manage who you’re blocking”.
