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How do data analytics projects get started, which stakeholders are typically involved, how can goals be aligned and how do such projects progress? Andrew Grave reports from a Jinfo Webinar, "How information services can best work with the many stakeholders of data analytics" and highlights five key processes recommended for best practice in collaborative projects.
As the Jinfo Research Focus "Data analytics - ready your information service" reaches its conclusion, producer Andrew Lucas reviews the Focus and highlights some of the key articles, market landscapes and research, on subjects ranging from the perceived risks and uncertainties in analytics projects to the role of information managers in them and the standards and ethics in the use of big data.
We find out how financial and risk information giant Thomson Reuters is supporting data analytics projects by making available permanent reference identifiers (PermID) and intelligent tagging tools (such as Open Calais), making content easier to find and to link together. Jinfo's Chris Porter interviews Tim Baker, global head of innovation at Thomson Reuters' Financial and Risk Division, and Hanna Helin, director PermID and risk content for the company.
Andrew Lucas talks to Benjamin Carpano, the CEO of ReportLinker and Findout, about how they use data analytics in the analysis of millions of unstructured documents to discover, disambiguate and normalise complex concepts resulting in new structured knowledge of industries, companies and technologies.
As part of the Jinfo Research Focus on data analytics, Chris Porter is finding out what information vendors are doing in this area. Here he interviews two companies with particular strengths in customised content aggregation, InfoDesk and Acquire Media, to understand their perspectives on user demands for data analysis. He discovers where the role of the information professional comes in, and what the obstacles are, to this new area of activity.
We interview Helen Clegg to find out what's involved in her role as a text analytics manager in the data science team in the procurement & analytics practice of international management consultancy A.T. Kearney and how her expertise as an information professional has been an asset in the role. She discusses how she's found the role, how the business uses her analytics skills and gives advice to others considering moving into data analytics.
As part of the Jinfo Research Focus on data analytics, Chris Porter is finding out what information vendors are doing in this area. Here he looks at how LexisNexis and Dow Jones Factiva, the two giants of the business news aggregation world, are supporting clients' data analytics projects. The article explores what customers want in terms of data analytics projects, where demand is coming from and what developments aggregators are seeing in the marketplace.
Chris Porter looks at what company data providers are doing to support customer requests for help with data analytics. He interviews two companies who are known for their company information, Bureau van Dijk and Avention, provider of the OneSource family of services. How are they handling the biggest challenges for their customers and what is the involvement of information professionals?
When assessing providers of data analytics platforms, the main considerations are what is important to your company and the business problems you are trying to solve. As part of Jinfo's current Research Focus, "Data analytics - ready your information service", Martin Murtland continues with part 2 of his article by highlighting what to look for in a potential provider. He also shares lessons learnt, highlights key trends to watch and gives an overview of some of the key platform providers such as Microsoft, Tableau, Qlik, Alteryx, Birst, SAP and SAS.
As part of the Research Focus on data analytics, Jinfo contributor Chris Porter has been asking a variety of information service providers to describe what they are doing to support customer data analytics projects. Here he includes comments from interviews with Springer, LexisNexis, InfoDesk and Thomson Reuters.
Co-founder and CEO of Evalueserve, Marc Vollenweider, gives insights into areas from artificial intelligence to text data analytics and the role of and opportunities for information professionals as technology develops and becomes ever-more integral to business operations. He also discusses upcoming trends such as media mining, combining audio, video and text. Evalueserve has been deeply involved in data analytics since its inception in 2001, services include research, analytics and data management.
Data analytics platforms may be becoming crucial for competitive advantage as companies strive to make better business decisions faster. Martin Murtland offers advice on selecting a data analytics platform. He looks at changes in buyer behaviour driving what vendors provide and takes a practical look at the benefits and challenges of such platforms.
In our final analysis of Jinfo's survey on data analytics, Robin Neidorf discovers respondents' biggest concerns. What can you do with these concerns to help establish data analytics as a successful area of information practice for the information profession?
Reporting on the second part of our data analytics survey and how analytics is showing up in organisations, Robin Neidorf finds out what activities are carried out by information managers. How well are they and their organisations prepared for data analytics?
Information professionals often find out too late about their organisation's data analytics projects, and are having to swoop in after finding out that the project is misusing data and licences. To try and address this risk, Jinfo has developed a three-step approach to help information teams spot, join, and influence data analytics project teams.
As part of Jinfo's current Research Focus "Data analytics - ready your information service", we surveyed how analytics is showing up in organisations. Robin Neidorf analyses the results and finds intriguing evidence into how information staff are positioning themselves and their expertise within this emerging area. Is the way forward clear, or is data analytics yet to find its firm home within organisations?
We profile three vendors in the Natural Language Generation (NLG) space: Narrative Science, Yseop, and Arria, following on from Chris Porter's previous article which introduced the concept of creating narrative text automatically from structured data and profiled Automated Insights.
The inclusion of information professionals within data analytics projects brings their unique skill set to the table: deep source and consulting expertise. Conversely, the exclusion of information professionals from data analytics projects risks wasted time, wasted money, siloed working, and ill-defined business requirements. Jinfo held two Community sessions to explore precisely what's at stake, and how information services can be a valuable partner within this emergent area.
Business information consultant Colin Smith shares his knowledge on the standards and ethics which users of big data and data analytics need to be aware of. He focuses on company, business and economic topics and highlights key sources of information published in English.
What impact is big data, data analytics and visualisation having on the pharmaceutical industry? How can big data be used to reduce silos and advance research? Michelle Maxwell outlines the challenges and the role of big data, and introduces some of the tools which can help whether at R&D or clinical trials stage.
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Focus on Value Chain
Director of Research Robin Neidorf describes the benefits of a Consulting Pilot on Value Chain, to tailor this process to your needs and environment:
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Consulting Pilot on Value Chain