“BI is about providing the right data at the right time to the right people so that they can take the right decisions” – Nic Smith The terms “Big Data” and “Business Intelligence” are often used interchangeably.
However, technically speaking, they are nowhere near each other. In fact, “Business Intelligence” and “Big Data” refer to entirely separate processes that fulfil individual functions, albeit within the same overall domain.
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There’s a simple formula to it: Smart people with good ideas receive millions of dollars to build something. If that something generates billions of dollars, it is a success. If it does not, it is a failure. Such “failures” include: Twitter, Soundcloud, Vine, Reddit.
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Businesses spend a huge wad of cash every year on tech. They’ll dole out $3.5 trillion in 2017 alone, according to Gartner. It’s seen a crop of new public companies, and some startups that are leading the way in their areas.
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Amazon’s cloud service is its most profitable unit. Microsoft has pegged its future to its cloud computing businesses, leading to a very enthusiastic response from Wall Street.
Google, too, is betting big on cloud computing as something that could be bigger than its advertising business.
What exactly are these companies selling? Who’s buying it? And why is one company that wasn’t even in enterprise technology a decade ago — Amazon — beating the pants off everyone else?
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The Pizza-as-a-Service metaphor was firstly introduced by Albert Barron in 2014 as a visualization of the differences between Infrastructure-as-a-service (IaaS), Platform-as-a-service (PaaS) and Software-as-a-service (SaaS).
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Courtesy of: Visual Capitalist
Making predictions about future technology is both fun and notoriously difficult…..
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More than four years after the launch of Google Now, the company has fully dissolved its AI assistant into the DNA of many of its core product offerings.
Today, Google is delivering an update to the feed it introduced to its Google app last year, bringing more attention to showcasing the information its knowledge graph has built on users while allowing them to “follow” certain topics and people to shape what they’re seeing in the feed, as well.
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It is barely 20 years since Sergey Brin and Larry Page registered the domain name google.com, and only 10 years since Steve Jobs walked onto a stage in San Francisco and introduced the iPhone. Yet in this short period, digital technologies have upended our world.
We introduced the Digital Evolution Index in HBR in 2015 to trace the emergence of a “digital planet,” how physical interactions — in communications, social and political exchange, commerce, media and entertainment — are being displaced by digitally mediated ones.
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Big companies are too slow, too disorganized and too stuck under the weight of outdated playbooks and bad habits to benefit from opportunities to innovate.
That’s the picture the latest report by accelerator 500 Startups paints after surveying over 100 corporate executives that oversee innovation, including collaborating or investing in startups.
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Venture capital is a hell of a drug, and it’s possible to overdose on VC, but for most founders that is a champagne problem.
More often the question investors hear is “how do I get a VC to back my startup?” These founders aren’t worried about how overcapitalization will make their IPO prospects trickier — they’re scrambling to get someone, anyone, to sign their first term sheet.
from https://is.gd/LCvfCV
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