The good news it that about half of U.S. companies say they now have some form of big data initiative in place, according to a recent study. The bad news: Few have managed to reach their data-related goals.
Companies could create new, revenue-generating services from the "data streams" they produce, but it requires a data-savvy culture and new skills, according to research supported by the Society for Information Management's Advanced Practices Council.
The City of New Orleans and private businesses that struggled to survive the devastation of Hurricane Katrina learned some valuable lessons. One of the primary caveats when it comes to business continuity is to mitigate risk by embracing the cloud.
Online retailers in key African markets are stepping up efforts to prevent fraud and gain the trust of consumers in order to encourage online payments in a region where, because of the vast numbers of mobile users, the potential for e-commerce is enormous.
Retailers and their suppliers are under more pressure than ever before to deliver more goods to more destinations faster.
To stay competitive, "retailers need to know where things are at all times so they can redirect shipments, rebalance inventories and respond to new demands on the fly," says Rich Becks, general manager, Industry Value Chains, E2open, which delivers cloud-based supply chain collaboration solutions.
The relationship between the chief information officer and chief security officer (or chief information security officer) can be fraught with tension - and that can be a good thing. Both executives play a critical role in your organization's C-suite, and better understanding these sometimes overlapping roles can only make your business stronger and more secure.
The Internet of Things is already having a massive effect on business, according to a recent report by Verizon, and by 2025 it predicts best-in-class organizations that use IoT extensively will be up to 10 percent more profitable than they are today.