Information analytics used to be called ‘data mining' in many circles.
Although the term itself has almost been lost in the mists of the last
bewildering decade or so of Big Data, we used to think of analytics as a far
more static entity when we compare it to modern notions of data exploration.
As we have built up our contemporary post-millennial methodologies for data
analytics, we have brought forward real time interactive analytics practices
to the fore.
Real time speed
Although so-called ‘real time' is never really real (i.e., it is only as
fast as computer processing and information communications pipes will
travel), it is fast enough to give us the opportunity to act upon data as it
is created, in situ.
In areas such as retail (to pick a very good example, although there are many
others), real time interactive analytics gives us a chance to act upon data
as i... (more)
Embedded Analytics: Inside Apps, Inside Processes
Now is the age of information analytics. We have (very arguably) reached a
point where the insight arising from data analytics can be applied to almost
every aspect of a company, in every business vertical.
But what shape should that analytics be? Increasingly we talk about embedded
analytics, but what do we mean? Should we be embedding analytics inside a)
applications themselves, or should we b) look to embed analytics as business
rules inside complete corporate processes - or should it be both?
Embedded (application) analytics
Security specialists are fond of using expressions like "robust protection"
and "multi-layered defenses" when it comes to setting out their stall and
telling us exactly how they are able to protect our data and applications.
Looking closer at enterprise security, we see that lower down the buzzword
pecking order for some reason is the word "insight" in its various forms.
It seems insight means more than one thing in information technology these
days, but perhaps it's no coincidence that every meaning or interpretation of
the term essentially falls somewhere under the umbrella of e... (more)
The fundamental mechanics of business have changed.
Well, they haven't quite.
The basic laws of supply and demand still govern the economic principles
inside which firms in all industries bring goods and services to market
inside a common monetary system on an international level.
But a change has occurred and it is an information-driven shift.
Our core accounting systems used to represent the motherlode of all company
information. Onward from there... somewhere around the end of the last
millennium we added so-called Customer Relationship Management to the
corporate information ... (more)
Leaving aside (most of) the deeper technical details of the situation, an
interesting development occurred in the open source community this week.
Under the auspices of The Linux Foundation, a new ‘neutral' coding
community emerged as a result of the coming together of the Node.js and io.js
developer groups who will now collaborate to merge their respective code
The smaller io.js group was formed to be a ‘fork' as a result of
higher-level vendor machinations and lower-level developer incongruities.