business processes

Forbes-Roundup Analytics,Big Data,BI, IOT

IOTExcellent article in Forbes on big data, analytics, and business intelligence. You can see my comments (top comments section)  and the Forbes article at http://www.forbes.com/sites/louiscolumbus/2015/05/25/roundup-of-analytics-big-data-business-intelligence-forecasts-and-market-estimates-2015/

One of the best roundup articles showing forecasts and outlook in these explosive growth markets. All businesses and providers must recognize the challenges that must be met and how all must adapt to secure real value from these trends.

Summary:

Summary of my recommendations in posted comments here – view big data/analytics/IOT as ‘technology enablers’, enabling you to improve and streamline business processes. The winning strategy- get past what I call the ‘gee-whiz’ factor, recognize IOT, analytics, and other technologies are a “means to the end,” driving new business processes to reduce costs, increase revenue, and improve strategic position.

Forbes article is highly recommended reading for all interested in big data, analytics, and IOT.

 

Paul B. Silverman is Managing Partner of The Gemini Business Group, LLC, a new venture development firm dedicated to helping global entrepreneurs succeed (www.geminibusinessgroup.com) . He is the former CEO of a predictive analytics company and writes and speaks about entrepreneurship, healthcare, analytics, and strategy management and is the author of “8 Building Blocks To Launch, Manage, And Grow A Successful Business.” See more at Paul B. Silverman Blog.

 

 

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