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Data Lab

Data Lab

Business Analytics' Next Big Thing: Inline Data Prep

Data preparation—also known as data enrichment—isn't new. In fact, I can almost guarantee that every analytics deployment out there has their users doing some...

Data preparation—also known as data enrichment—isn't new. In fact, I can almost guarantee that every analytics deployment out there has their users doing some kind of data preparation to support their visualizations.  They might be using a specialized tool, like Alteryx, or a bespoke home-grown process that leverages several tools, Microsoft Excel, coding, and sometimes even Microsoft Access. However, the fundamental problem stems from the fact that source data systems don't...

Data Lab

7 Best Practices for a Successful Data Lake

Or, how to avoid building a Data Swamp So, you’re thinking about a data lake for your organization. You might even have the green light to start the planning...

Or, how to avoid building a Data Swamp So, you’re thinking about a data lake for your organization. You might even have the green light to start the planning stages. We’re big believers in the power of the data lake. It can often be a significantly cheaper way to store your data, but that’s not the most attractive part. No, it’s the fact that it can hold your structured and unstructured data, internal and external data, and enable teams across the business to discover new...

Data Lab

Data and a Dog Called Molly

Molly is a golden retriever belonging to Paul Sonderegger, Oracle's Big Data Strategist. In a series of short 3-5 minute webcasts, Paul uses Molly as a neat way...

Molly is a golden retriever belonging to Paul Sonderegger, Oracle's Big Data Strategist. In a series of short 3-5 minute webcasts, Paul uses Molly as a neat way of introducing the topic and explaining in simple terms the three principals of Data Capital, and how companies can exploit the value of data capital to drive new business opportunities and transformation. 1. Data comes from Activity. Pet suppliers all want Molly’s data because it isn’t just a record of what she did...

Analytics Cloud

The Center of Excellence in the Era of Self-Service Analytics

Once, the responsibility of the IT department was to provide business analysis tools, models, and reports. But this was back when mainframe computers and...

Once, the responsibility of the IT department was to provide business analysis tools, models, and reports. But this was back when mainframe computers and 2-pound cell phones were cutting-edge technology. Nowadays, the analytics pendulum has swung toward business self-service capabilities. This means it takes less time to deploy analytics tools, put them in the hands of businesspeople, and start getting visibility into business performance. However, there are obstacles: siloed...

Analytics Cloud

Analytics and Data Prep Create Box Office Magic

Long before Moonlight won the Academy Award for Best Picture or Casey Affleck was chosen as Best Actor in Manchester by the Sea, adaptive analytics helped film...

Long before Moonlight won the Academy Award for Best Picture or Casey Affleck was chosen as Best Actor in Manchester by the Sea, adaptive analytics helped film producers and investors determine the risks and rewards of these and hundreds of other films last year. The secret to choosing a winning film lies within the numbers gathered from historical movie metadata (such as genre, cast and crew, MPAA rating, production companies, and distributors) and aggregate financials...

Data Lab

3 Key Roles for Successful Data Labs

Organizations are changing the way they use data—and the roles associated with data are changing as well, especially in those places that use a data lab. Data...

Organizations are changing the way they use data—and the roles associated with data are changing as well, especially in those places that use a data lab. Data labs—that is, Incubator for innovation that enables fast analytical experimentation with massive amounts of data —help people to easily explore large data sets so they can answer difficult questions, and also enable them to ask new questions on the fly. It can help organizations to unlock commercial value in their big...

Analytics Cloud

Avoiding Analytics Tension in Your Enterprise

There is a trend in business analytics these days that often pits two groups against each other: one demands speed, the other requires IT, oversight, or...

There is a trend in business analytics these days that often pits two groups against each other: one demands speed, the other requires IT, oversight, or governance. In the drive for a deeper understanding of data from disparate sources, customers tell us they need their analytics products to be fast and easy to use, but methodical enough for things like business modeling, compliance, and security. Oracle is calling this an “Axis of Tension”. Think it doesn't happen in your...

Analytics Cloud

Year in Review – Oracle Business Analytics in 2016

The dust has hardly settled on 2016, but what a busy year it was for Oracle Business Analytics. Our customers were treated to some exciting changes to our...

The dust has hardly settled on 2016, but what a busy year it was for Oracle Business Analytics. Our customers were treated to some exciting changes to our software and services. From the second-generation of our visualization products to mobile and advanced cloud capabilities, we are so proud of our accomplishments. But before we dive into the New Year, we feel a little look back over the year is in order. Here is a look at Oracle Business Analytics top 10 moments in 2016 (in...

Data Lab

Moving Towards Analytic-Driven HR

In moving towards analytic-driven HR, how sophisticated do you need to be? And how sophisticated are you? Maybe it’s a good time to ask for a bit of...

In moving towards analytic-driven HR, how sophisticated do you need to be? And how sophisticated are you? Maybe it’s a good time to ask for a bit of self-reflection. In this post, I describe some characteristics of four HR cultures: 1. This HR organization produces operational reports showing basic efficiency and compliance measures. Its focus is on distributing accurate, pre-formatted results in a timely fashion. 2. This HR culture has expanded beyond operational reporting...

Oracle

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