What Is Big Data? Understanding the Role Data Plays in Modern Business

Are you trying to figure out the true significance of big data to your business operations, but feeling overwhelmed by the answers? Use this basic primer to learn its value and how it’s used. It doesn’t matter how big or small your business is. If you don’t make proper use of data, then you can’t make smart decisions.

Marketers analyzing consumer data

The introduction of big data has been changing the way businesses operate for years now. Some 97.2% of companies are now investing in big data and AI to help them run their business. So now you have to answer this question: what is big data, and how can it help?…

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Due Diligence for Mergers and Acquisitions – Why Include IT?

include IT in merger due diligenceAs we start to see mergers and acquisitions activity ramp up, we shift focus to the value of technology due diligence.

What do you review during due diligence? You probably look at financials, customer lists, markets and existing executives. You may even review operations, eyeing potential efficiencies, such as those gained by integrating departments like HR, accounting and IT.

Randy Myers, CFO Magazine, states “For CFO’s, valuing the synergies to be realized by eliminating overlapping or redundant systems and operations is a fundamental aspect of M&A due diligence.” But how often do you review the technology area itself?

Not planning ahead can be painful.…

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Business and IT – Adversaries or Partners?

business relationships with ITDoes your company’s Information Technology area act more like competitors rather than partners with the business?

A poor relationship with IT can be extremely detrimental to the efficiency, productivity and cost-effectiveness of your organization.

Watch for some of these warning situations:

“¢ Everyone knows HR cuts payroll checks, and finance pays vendors. IT doesn’t always have the opportunity to regularly show its value and can be taken for granted. People don’t want to talk until something is broken, or frustration has mounted to the point of eruption. IT is regularly in a reactive mode.

“¢ IT helps make operations more efficient, but change in organizations can be stressful and can create uncertainty.…

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