Millennials are a driving force in the future of the workplace, pushing companies to modernize in order to keep up with the competition.
KM/Storage / Features
In a world of ‘shadow IT’ services, CIOs need to adapt if they want to avoid being relegated to little more than technicians.
Arrow is designed to serve as a common data representation for big data processing and storage systems, allowing data to be shared between systems and processes without the CPU overhead caused by serialization, deserialization or memory copies.
A new study shows just how much business is still being done on paper via printers, scanners and other office equipment. But is that such a bad thing?
Happy New Year, techies! Before you jump back into the grind, take a moment to refresh your personal and professional goals via our most insightful tech-management articles and videos.
In the coming weeks the feds and the surviving financial services institutions will have the daunting task of unraveling all the securitized loans and other instruments that are hiding the toxic investments. But does the technology exist to do that? And if so, could it have been used to prevent the bad debt from hitting the fan in the first place?
If you arrive at a convention hotel without a booking in the middle of an exhibition and there is a room available, you will be paying more than the regular tariff. On the other hand, many inner-city hotels that rely on business travellers have cheap weekend rates on Saturday nights designed to attract customers who would not be interested in staying otherwise.
The hotel industry has long been aware that customer demand for its product varies, depending on the time and day. As a result, hotel tariffs, which are designed to maximise both revenue and occupancy rates by pricing along customer-demand curves, change. In a nutshell, this is "price optimisation" - adjusting price according to the customer's willingness to pay, or demand-side pricing. The same is true of the airline industry: it is rare to sit next to someone on a plane who has paid the same price as you.
Business optimisation and accountability are among the big issues which have continued to pump life into the data query, analysis and reporting software genre. It has in the past been called the Executive Information System, the “everybody information system” (when it was realised that not just top management could benefit from a digested view of the organisation’s performance) and, in one of its most recent incarnations, Business Intelligence.
The latest use to which analysis software has been put is Business Performance Management or, as Gartner prefers to call it, Corporate Performance Management (CPM). But it’s more than just the same thing under a different name. Previous analytical engines resided in something of a compartment of their own. The data from the company’s day-to-day operations was piped into them by a process known as Extract Transform and Load (ETL) and reorganised into “cubes”, a suitable format for cross-tabulating and graphing the data on multiple axes.