Author: Pradeep Bhanot

Feed: Actian. Author: Pradeep Bhanot. Customer loyalty is the key to profitability in the telecom industry. Because telecom providers manage large fixed infrastructures that must be offset by revenue, customer churn (attrition) is particularly problematic in this industry.Low switching costs for customers (supported by government regulations) mean that customer loyalty is the only real tool that telecom companies must reduce their churn rates.  Connected data, used to improve service quality, dynamically adjust pricing/promotions, and offer personalized content to consumers, enable telecom providers to influence customer loyalty and increase customer retention directly. What Causes Customer Churn in the Telecom Industry? There ... Read More

Feed: Actian. Author: Pradeep Bhanot. There are times when financial markets trend up. There are times that markets trend down.  And then there are times that the markets go crazy and the only thing predictable is volatility. When markets encounter these volatile periods, financial services companies become highly reliant on data analytics to determine where the real market forces are coming from and determine how best to react. There are five key analytics capabilities that financial services companies need to perform effectively in a volatile market environment.Connected Data The more data you have available to analyze, the more accuracy you ... Read More

Feed: Actian. Author: Pradeep Bhanot. Healthcare is a data-driven industry with data analytics needs that make “big data” seem tiny.  For healthcare companies to operate efficiently, they need a high-power data engine to crunch the numbers, analyze the data, and get it into the hands of decision-makers quickly.  The healthcare industry is the epitome of business agility, and data analytics is what makes that possible. Here are four examples of how healthcare analytics can help healthcare companies improve operational efficiency.Diagnosis and Patient Care If a patient walks into a clinic with a fever, dry cough, and respiratory symptoms, do they ... Read More

Feed: Actian. Author: Pradeep Bhanot. The era of data warehouse appliances is coming to an end, rapidly being replaced with a new generation of cloud services.  The first data warehouse appliance was introduced onto the market in 2003.  For nearly 15 years, this market grew with several large technology players, including IBM, Oracle, and Teradata developing or acquiring database appliance offerings.These self-contained hardware devices enabled companies to scale their data warehouse infrastructure to support the expanding needs of business analytics.  We are now entering a new era when the hardware solution to the data warehouse scaling problem is being replaced ... Read More

Feed: Actian. Author: Pradeep Bhanot. Having a lot of data available to you is a good thing, right?  That depends.  Data is a raw material, like a mineral mined from the ground.  It contains a potential for creating value, but that potential is only realized through refinement.Your company produces a lot of data every day (every second really). Merely creating and/or possessing this data doesn’t mean it is generating value for you.  Harvesting value from your company data requires a transformation process to convert data into information, to actionable insights, to decisions, and then to action. Data management professionals, IT ... Read More

Feed: Actian. Author: Pradeep Bhanot. Digital transformation has drastically expanded the use of operational systems, IoT, and other technologies within companies’ business processes.  This is a good thing.  It means that end-users, whether they be employees, partners, or customers, are more productive.  The introduction of modern operational technologies and integrating them into business processes is only the first step in the digital transformation journey.  Next comes a focus on managing operational data and developing the real-time reporting platforms that give operators and decision-makers better control over digitally transformed processes.Digital Transformation has Created More Real-Time Data A farmer with a tractor ... Read More

Feed: Actian. Author: Pradeep Bhanot. Modern businesses are fueled by data.  The insights that your data bring are what power decision making, enables you to optimize business processes and respond to changing market conditions.  The organizations that have data and manage it well – excel.  Those that lack data or struggle to harvest actionable insights from their data have a tougher time.One of the most significant challenges IT has as the stewards of company data is striking a balance between high-performance real-time data processing performance of individual business processes and the deep/enterprise-scale analytics required for solving the company’s biggest problems.   ... Read More

Feed: Actian. Author: Pradeep Bhanot. If you want your business to be agile, you need to be leveraging real-time data.  The environments that your businesses operate in are changing faster than ever – new competition in the marketplace, regulatory changes; operational issues; and new technology advancements are only the tip of the iceberg.  If you want to survive and thrive in the fast-paced business environment, you need to be agile.To be agile, you need to understand what is going on in your environment, make quick and informed decisions, and then rapidly respond to exploit opportunities and mitigate risks.  Every moment ... Read More

Feed: Actian. Author: Pradeep Bhanot. Are you considering a hybrid cloud data warehouse for your company?  Do you know what features to look for?  If you want to maximize the value of this important infrastructure investment and give yourself the flexibility to adapt to changing business needs in the future, you need not just pick any solution; you need to pick the right solution to meet your business needs. Here is a list of the top must-have features of a hybrid cloud data warehouse solution.Security This should go without saying – your data warehouse stores a lot of valuable and ... Read More

Feed: Actian. Author: Pradeep Bhanot. A few months ago, Gartner published an update on the database market, which is highlighted in Adam Ronthal’s blog “There is only One DBMS Market” and made a rather profound declaration – the database markets have collapsed.  No, the market isn’t crashing, it is having the best year ever, what has happened is the artificial segmentation between cloud, software as a service (SaaS), and on-premise database offerings are gone.  The walls in the marketplace have collapsed, and the market has consolidated.  Why is this important you might ask, and what does it have to do ... Read More