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    October 22, 2015

    TRANSFORMING BIG DATA INTO BIG ANALYSIS

    Democratization Will Strike AgainWork in or with technology much and you’re likely to know the impact that the forces of democratization can accomplish.  Broadening the effective population that can perform an essential task – without resorting to agency or hand-holding – has been at the heart of most business ‘disruptions’ of the Internet Era..
    October 20, 2015

    TIME TO THINK

    Flipping the BI ModelPundits who focus on BI and Big Data consistently estimate that roughly two-thirds of any BI initiative is spent profiling and identifying the data that will be used for analysis.  As a recovering data analyst – “Hi, my name is Lee.  I’m a statistician” – I appreciate their focus on the most time-consuming element in ..
    September 25, 2015

    Forrester Wave Heralds the Future of Search

    How Enterprise Search and Big Data Find Common PurposeForrester’s 2015 Wave on Search and Knowledge-based Discovery is out, offering a fresh perspective on the evolution of search-based applications.  We are pleased that Forrester designated Attivio as a Leader in this category and that the evolution described suggests an important connection between ..
    September 23, 2015

    BREAK THE BI BOTTLENECK

    Can Big Data Be Frictionless?If you’re currently waiting for data to analyze or you’re working to find data for a colleague – you’re familiar with one of the productivity challenges associated with getting BI from Big Data.  Finding the right information and provisioning it for analysis and decision-making constitutes a real bottleneck for many ..
    September 21, 2015

    TURNING BIG DATA INTO BIG VALUE

    A lot of enterprises have already invested a lot of money in Big Data. But how are these investments panning out? Not so well according to Gartner, who estimates a failure rate of close to 60 percent.As I pointed out in Solving the Big Data Abandonment Problem, organizations face two significant stumbling blocks to Big Data ROI. The first is a lack of alignm..
    September 17, 2015

    3 QUESTIONS FOR THE CEO

    In a recent Inc. magazine article, 6 Easily Adaptable Habits of Highly Effective Managers, Attivio CEO Stephen Baker discussed constant coaching as key to his leadership role.I followed Inc.’s lead and interviewed Stephen, but instead of discussing management, I asked about what’s happening in Attivio’s market space and the role we are playing.It’s c..
    September 11, 2015

    AML AT THE CROSSROADS

    Crossing the ‘Compliance Gap’My last two posts highlighted both a recent change and a long-standing challenge.  That no fewer than ten thousand Investment advisory firms face AML regulation – where the costs of compliance have increased by more than 50% over the last three years – suggests the potential for a messy regulatory train-wreck.  ..
    September 9, 2015

    AML - A CHALLENGE OF TITANIC PROPORTIONS

    Institutions Consistently Underestimate Cost GrowthBetween 2011 and 2014, banking respondents to KPMG’s Global Anti-Money Laundering Survey reported an average increase in AML compliance costs of 53%. That average exceeded both their 2011 prediction (40%) and the previous (2007-2011) average of 45%.   In seven years, institutions seem to have mad..
    August 27, 2015

    US TREASURY PROPOSES TIGHTER AML REQUIREMENTS

    SEC-registered investment advisors would have to complyBanks, mutual fund, insurance and security dealers share an affirmative obligation to comply with anti-laundering regulations by identifying their customers and reporting significant (over $10,000) transactions. In a proposed rule change announced yesterday, Treasury would extend monitoring and reporting..

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