The Ledger
Curated content foranalytical business leaders
Data: The Heartbeat For Every Organization
August 29, 2017
Data-driven business models are the foundation for progress in any organization. Finance professionals can now embed and extract data and insights out of each and every business transaction and manufactured product. They can harness the power of this data to create new value, increased profitability, efficiency improvements, and better customer experiences. To fully leverage the power of their data, finance teams need to take advantage of tools and technologies, but they also need to create a “data business” inside their business.
Read More at The Digitalist by SAP >
What Role Can AI Play In Your Organization?
August 28, 2017
Artificial Intelligence (AI) is becoming more prevalent in business functions across all industries. It has become known as a general purpose technology of our era, particularly machine learning (ML). Machines now have the ability to continue improving its performance without any human interaction. Machine Learning has become more effective and available within the past few years. Business can now build systems that learn to perform tasks on their own. These technologies represent a landmark change in our technical capabilities and will power the next wave of economic growth. So, what role can they play in your organization?
Read More at The Harvard Business Review >
Solving World Hunger One Data Lake At A Time
August 24, 2017
Vice President of data and analytics at The Climate Corporation, Dan McCaffrey, is on a mission to solve the world’s imminent food shortage. He leads a team of data scientists and engineers who are building an information platform that collects massive amounts of agricultural data and applies machine-learning techniques to determine new patterns in the environment. However, this insight requires a lot of data. That means using remote sensing and other techniques to map every field in the United States and then combining that information with climate data, soil observations, and weather data. To manage all of this data, data lakes are created. These data lakes can be beneficial as long as analysts don’t drown.
Read More at The Digitalist by SAP >
Which Forecasting Technique Works Best For You?
August 23, 2017
Strong predictions of demands and trends have transitioned from being a luxury to an absolute necessity for executives. Forecasting is vital to help managers cope with seasonality, sudden changes in demand levels, price-cutting maneuvers of the competition, strikes, and large swings of the economy. There are so many techniques and technologies out there today that it can be difficult to figure out which one is best for your company’s needs- momentary and long-term.
Read More at The Harvard Business Review >
