Described as its most important analytics announcement in a decade, IBM has launched a set of cloud-based data analysis tools using its Watson artificial intelligence technology. The company's goal is to make data analytics - and business intelligence based on big data - more accessible to anyone in the enterprise who needs it.

Big data is a big buzzword in retail and while the term can be ambiguous, 92 percent of executives say they're satisfied with the results of big data applications within their organizations.

Over the past 30 years, most companies have added new C-level roles in response to changing business environments. The chief financial officer role, which didn't exist at a majority of companies in the mid-1980s, rose to prominence as pressures for value management and more transparent investor relations gained traction. Adding a chief marketing officer became crucial as new channels and media raised the complexity of brand building and customer engagement. Chief strategy officers joined top teams to help companies address increasingly complex and fast-changing global markets. Today, the power of data and analytics is profoundly altering the business landscape, and once again companies may need more top-management muscle.

Time-critical decisions in transportation, risk management, security, disaster response, manufacturing, and other operational domains require continuous real-time situational awareness and intelligence. Most enterprise systems do not provide this today.

Organizations of all sizes across an assortment of industries are using a growing set of cloud analytics solutions to address their Big Data, business intelligence and data integration challenges.

O'Reilly Automotive has been on a strong growth path for the past couple of years. Adding to the retailer's success has been its rate of growth and technology evolvement. O'Reilly has been keeping up with the pace of change by replacing its POS transaction engine, integrating promotions and incentives into the new system for a seamless customer experience and enhancing its electronic parts catalog.