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Anaplan Uses Planview Tasktop Viz to Drive Better Decisions and Employee Engagement
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New wave BI and analytics: turning modern data stores to account
New generation data stores, such as the Hadoop family and the NoSQL databases, are not everything. Relational databases are not going away. Nevertheless, post- or non-relational data stores and databases pose new demands on the “front end” of data management – Business Intelligence and data analytics.
This e-guide looks at how companies and other organisations are doing BI and analytics on the newer data stores.
Financial services companies are active in this area, and we see re-insurer Munich Re combining a Hadoop data lake, SAS analytics and SAP Hana to create new cyber and other insurance services. Over in Dublin, Allied Irish Bank is blending artisanal data analytics work with a more “industrial” approach, drawing on both a Teradata data warehouses with an Hadoop cluster from IBM. And Nordics bank Danske Bank has been using the Hortonworks distribution of Hadoop as a resource for its data science programme to combat fraud, among other use cases.
On the vendor side, we find Looker’s CEO Frank Bien advancing the case that old-school BI is not adequate to the new generation of data stores while MicroStrategy CEO Michael Saylor counters that, in his view, “the world is not shifting from relational to big data, it is expanding in different dimensions simultaneously”.
Meanwhile, in Silicon Valley, we find a group of startup and early-stage data analytics and management companies aiming to make big data, including sensor data, more tractable for analysis.
These are also closely related to: "Anaplan Uses Planview Tasktop Viz to Drive Better Decisions and Employee Engagement"
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Spotlight on the Middle East: Emerging IT economy
The Middle East economy is heavily reliant on oil revenues. But countries in the region are trying to diversify their economies. Saudi Arabia, for instance, is planning to create a Middle East version of the US’s Silicon Valley. Read in this issue how the Kingdom is going about its plan and what opportunities are in store. Also find out about how Dubai is using bitcoin in the property sector. The Emirate is seen as a pioneer in many emerging technologies with a regulatory framework that encourages innovation, and this appears the case with cryptocurrency.
Also in the United Arab Emirates read how the country is harnessing artificial intelligence which seems increasingly the cornerstone of the modernisation.
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A Computer Weekly buyer's guide to financial analytics for planning
The current economic climate provides a strong reason for firms to turn to the advantages of software. In this 14-page buyer's guide, Computer Weekly looks at the role of datasets in accounting, how technology is helping finance departments control budgets and the importance of integrating automation into business processes. Download our exclusive e-guide and learn more about:
- Improving finance and accounting software
- The tech helping firms to manage their finances
- Why automating finance is just an integration game
