Wenn Sie einmal die Straße nach Hana in Maui, Hawaii, gefahren sind, dann wissen Sie: Das ist ein echtes Abenteuer. Der Weg bis zur Entwicklung von HANA, der neuen In-Memory-Datenbank von SAP, war ähnlich spannend und mühevoll, aber auch hier lohnt das Ziel alle Anstrengungen. Nach Hana muss man einmal gefahren sein, und an HANA…
If you’ve driven the Road to Hana in Maui, Hawaii, you know it’s a true adventure. SAP’s new in-memory database platform, known as HANA, promises the same excitement, dangers and serenity at the end of the road. Both the road and the database should not be missed. And there’s more good news … today we…
PROS Vice President of Technology John Salch, Ph.D., and Vice President of Science and Research Neil Biehn, Ph.D., spoke with Yvonne Donaldson, senior director of public relations, about analytics and golf. Salch reports on the conversation. Blog Editor’s Note: Donaldson: I come from a long line of golfers and can talk the game with the…
A co-worker sent me this article: http://baselinescenario.com/2013/02/09/the-importance-of-excel/ In essence, it offers insights into the “London Whale” debacle at JPMorgan. The article provides an insightful description of the role of Excel in the enterprise. It also contrasts Excel’s importance with the enormous risks of mistakes. Like the examples in the article, setting bad prices or negotiating…
I found a great article in Harvard Business Review, titled “Big Data for the Rest of Us” that really caught my attention. As a big wine drinker – and a big data technologist, in that order – I was intrigued. The author walks through the challenges faced by San Francisco-based wine startup VinoEno, whose goal…
There’s been a lot of attention lately given to the emerging space of Big Data technology. Like you, PROS has been researching the latest technologies to include in our products. Our goal is to deliver prescriptive insights so you’re able to stay ahead of your competitors. In PROS newest product release, PPSS 3.21, we upgraded…
Eines der aktuell großen Trendthemen ist Big Data, also die Sammlung und Aufbereitung von strukturierten und unstrukturierten Daten im Unternehmen. Einer Studie der Universität Oxford zufolge sehen Führungsverantwortliche mehrheitlich einen geschäftlichen Vorteil in der Analyse von Unternehmensdaten. Fast zwei Drittel (63 Prozent) loben Big Data für seine wirtschaftliche Erträglichkeit. Die renommierte Universität hatte dafür 1144…
I ran across this McKinsey article. It’s worth a read (registration required). https://www.mckinseyquarterly.com/Strategy/Innovation/Are_you_ready_for_the_era_of_big_data_2864 Here is a quote: At the same time, it had linked this information to suppliers’ databases, making it possible to adjust prices in real time, to reorder hot-selling items automatically, and to shift items from store to store easily. By constantly testing,…
Here’s another interesting read… Competing through data: Three experts offer their game plans One of the biggest revolutions has involved enterprise information systems, like ERP, enterprise resource planning; CRM, customer relationship management; or SCM, supply chain management—those large enterprise systems that companies have spent hundreds of millions of dollars on. You can use the data…
I would like to highlight some important trends and technological advancements in the Business Intelligence world: 1. Social Analytics and Text Mining Sentiment analysis is gaining steam and will be a part of the next wave of many BI platforms Text mining, in general, is a very interesting field (Sentiment Analysis is a specific application…
Jacqueline Davis says:
Hi Siva,
Thanks! I couldn’t agree with you more on the...
Jacqueline Davis says:
Hi Rikhath,
The question of why your company needs a pricing team...
Siva Ram Yellapragada says:
Simply awesome !!
We have a strong pricing team in our global...
Rikhath says:
Also in enterprise products world do you think Product operations would...
Rikhath says:
Hi Jacqueline,
We fighting the same battle and I out...
