The ripping point part 1: Where entire industries meet their digital demise
And why “customer-centric” is a silly strategy
And why “customer-centric” is a silly strategy
Gartner has issued the following missive to CIOs: Familiarise yourself with key data warehousing trends and how they will impact the technology deployed to deliver business analytics during 2011 and 2012.
The utilities sector has been quick to adopt the real-time vision, particularly those organisations that have made an early move to smart grid deployments. Australian-born CIO, Joe Locandro, says the organisation has long used real-time monitoring — or what it calls condition-based monitoring — for its power plants and infrastructure. Thousands of sensors measure variables such as vibration, heat and voltage consistency, and feed them into OSIsoft’s PI System enterprise infrastructure management software.
Health insurance company, HCF, initially implemented QlikView to create a monthly report for its chief executive.
The massive explosion in data volumes collected by many organisations has brought with it an accompanying headache in terms of putting it to gainful use. Businesses increasingly need to make quick decisions, and pressure is mounting on IT departments to provide solutions that deliver quality data much faster than has been possible before. The days of trapping information in a data warehouse for retrospective analysis are fading in favour of event-driven systems that can provide data and enable decisions in real time.