In the Die Hard series of movies, Lt. John McClane, played by Bruce Willis, always seemed to be “the wrong guy, in the wrong place, at the wrong time.”
It would be no surprise to learn that those in business and IT all feel like Lt. McClane on a weekly basis…for any number of reasons.
With the ever-increasing volumes of data, pressures exerted on business and IT processes, emerging competitive threats, and rising customer expectations call for an unprecedented level of organizational speed and agility.
For those attending the IBM Business Analytics Forum in Las Vegas this week, it’s easy to be the right person, in the right place, at the right time to understand how business analytics can solve these problems. For those unable to attend, you can catch all the action (including keynotes) via the IBM LiveStream channel.
Attendees will hear a lot of about the following at IOD11:
· Risky Business – Governance, risk, and compliance solutions enable customers to identify, manage, monitor and report on risk across the enterprise, helping businesses drive cash flow, create reliable forecasts, increase visibility into key business drivers, contain costs, improve profitability, and shape business outcomes. And with the acquisition of Algorithmics, the IBM risk portfolio gets even stronger.
· Making the Social Chatter Matter – Social media has unleashed the power of self-expression. Gone are the days of the internal monologue. Today, people share everything and we live under the banner of “Too Much Information.” This over-sharing might seem useless to some, but this chatter actually has incredible hidden meaning, relationships, patterns and trends.
· Decisions, Decisions, Decisions – Business users now have full control over the analytic process, enabling them to make accurate decisions in real-time, based on changes in strategy, customer buying patterns and behaviors, or fluctuating market conditions. In fact, a new book was just released from James Taylor, titled, “Decision Management Systems: A Practical Guide to Using Business Rules and Predictive Analytics.”
· Big Data Analytics – Organizations of all sizes are struggling to keep up with the rate and pace of big data and use it in a meaningful way to improve products, services, or the customer experience. With the capabilities to capture and manage massive amounts of data, it’s time to have fun analyzing it and finding real insight to improve business process and customer interactions.
· Analytics Maturity (AQ) – Organizations with a high “AQ” are outperforming their competitors with a broad range of business analytics that drive better business outcomes. Take the AQ quiz and find out how to move from a novice to a builder to a leader and ultimately end up at an analytics master.
· Goin’ Mobile – The mobile landscape has changed. In fact, in the U.S. there are now more wireless devices than residents. Business users are bringing their own personal devices into the office and naturally they want to use business applications on them, and they also want them to run as quickly and as smoothly as their personal and consumer applications. And, now they can with the new Cognos Mobile for the iPad.
Please watch a special video message from Rob Ashe, General Manager, IBM Business Analytics: