Tuesday, October 18, 2016

HCM Fertile Ground for Data Science

Whether known as big data, data analytics, data mining, machine learning, cognitive computing, or artificial intelligence (AI), data science is a hot topic.

Human Capital Management (HCM) is turning out to be fertile ground for providers to develop use cases for data science. The recent HR Technology Conference in Chicago provided an excellent opportunity for us to learn about the offerings of six such providers.

At the same time, there are other interesting problems for data science to solve in HCM beyond the initial use cases.

Read the rest of this post on the Strativa blog:  HCM Fertile Ground for Data Science.

Sunday, October 02, 2016

Big Data Analytics Not Just for the Big Guys

Big data analytics can be a highly technical subject, but as consumers we come face to face with it every day. 

The personalized coupons we receive at checkout are generated by the grocer’s analysis of our purchase history. Likewise, the targeted ads we see on the web are based on ad brokers’ use of big data generated by our browsing history. Large health insurers use big data to target us with advice on managing our health and lowering costs of medication. And major political campaigns are getting good at using big data to target us based on our demographics.

Based on our experience as consumers, it is evident that the “big guys” know how to use big data. But what about small to midsize companies?

The good news is that business analytics and even big data are becoming more readily available to smaller businesses. This is the result of three big enablers.

Read the rest of this post by Strativa consultant Dee Long, on the Strativa blog.