Transforming An Antiquated Business Intelligence Process - InformationWeek

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IoT
IoT
Data Management
Commentary
2/12/2016
08:06 AM
Rich Wagner
Rich Wagner
Commentary

Transforming An Antiquated Business Intelligence Process

The personal story of how one executive transformed an unused business intelligence system.

(Image: Wavebreakmedia/iStockphoto)

(Image: Wavebreakmedia/iStockphoto)

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wagnerrc141
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wagnerrc141,
User Rank: Apprentice
2/25/2016 | 4:58:53 PM
Re: Sources of External Data
Social media is one of many sources of data at Prevedere. Although not typical causal factors in changes of demand in global chemical and industrial manufacturing(my background) it is extremely valuable for our retail and consumer goods customers forecast.

 

Thanks!
Brian.Dean
50%
50%
Brian.Dean,
User Rank: Ninja
2/15/2016 | 5:46:08 AM
Sources of External Data
Social media is a good source for external data. However, constant monitoring is required if value is to be extracted by the data sources of social media. Research firms such as, Gartner and IDC, etc., is also a good source to interact, collaborate with the industry and gain external data that is of value. Software firms have also made it extremely easy for business to connect to IoT devices to extract data. 

I wonder if a major source of external data has been overlook here.
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