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Technology Revolution: The Future of Now

Business on Speed: Real-Time Insights and Execution

Technology Revolution: The Future of Now

Bonnie D Graham

News, Business News, Technology

4.9112 Ratings

🗓️ 10 April 2013

⏱️ 57 minutes

🧾️ Download transcript

Summary

Big Data dominates the business conversation. Of its “3 V” attributes – Volume, Variety, Velocity – the third is grabbing the spotlight. Bottom line: Are you getting answers fast enough to support real-time business? The experts speak. Lee Dittmar, Deloitte: “Analytics prowess will determine winners and losers. But even as we talk about Big Data and the importance of ‘predictive analytics,’ many organizations still struggle to accomplish basic reporting efficiently and effectively. As companies compete for a limited supply of data scientists to perform advanced analytics, there is a lot of work to do to fix the foundation.” John H. Fleming, PhD, Gallup: “How do we ensure quality data? Garbage in garbage out. Is more better or is better more?” Reza Soudagar, SAP: “Airplanes are interesting toys but of no military value.” (Marechal Ferdinand Foch, Professor of Strategy, Ecole Superieure de Guerre, 1904) Join us for more insights on Business on Speed: Real-Time Insights and Execution.

Transcript

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0:00.0

The following program is being brought to you on the Voice America Business Channel.

0:05.7

For more information about our network and to check our additional show hosts and topics of interest,

0:10.3

please visit VoiceAmerica Business.com.

0:13.2

The Voice America Talk Radio Network is the worldwide leader in live internet talk radio.

0:18.2

Visit voice America.com.

0:19.9

The views and ideas expressed on the following program are strictly those of the host or guests,

0:24.9

and do not necessarily reflect the views and ideas held by the Voice America Talk Radio Network,

0:30.0

its staff, and management.

0:45.6

Thank you. Welcome to the most nutritious hour of business talk all week.

0:49.5

This is Coffee Break with Game Changers, presented by SAP.

0:52.0

The best run business is run SAP.

0:54.7

Your host and moderator is Bonnie D. Graham.

1:02.3

You'll hear from the innovators who have learned to use game-changing technologies to shake up the status quo and help move today's businesses in new directions.

1:04.3

Now, here's Bonnie D. Graham.

1:05.9

Hi there.

1:09.1

If you want to run with the game changers, you're in the right place.

1:10.9

Today's buzz, big data.

1:13.1

Fast, faster, fastest.

1:16.3

Okay, let's get down to business here.

1:19.8

Big data continues to dominate the business conversation.

1:23.7

All of you've been listening to the show for the past year, no big data is described by three V attributes, volume, variety, velocity. Yes, there will be a pop quiz at the end of

1:29.4

the show. But the third one, velocity, meaning speed, is grabbing the spotlight today.

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