Big Data & Analytics
Big data refers to the vast and complex sets of data that exceed the capabilities of traditional data processing methods. It encompasses large volumes of structured and unstructured data that organizations generate, collect and process on a day-to-day basis.
Data analytics, meanwhile, involves the discovery, interpretation and communication of meaningful patterns and insights derived from data. It includes statistical analysis, predictive modeling, machine learning, data mining, and business intelligence, with the aim of turning raw data into actionable intelligence, helping organizations make informed decisions and gain a competitive advantage.
Big data analytics is the use of advanced analytical tools to extract meaningful insights and make predictions from very large volumes of data available in different formats. Check out the resources below to find out how organizations leverage big data and analytics to improve their decision-making.
Advice for the Ambitious
March 12 by Process Excellence Network EditorToday there’s lots of discussion advocating for greater “equality of income,” but little talk of “equality of effort.” Jim Champy, as usual, offers rich insights about the importance of ambition in d...
Managing Oneself: The Best-Kept Secret of Total Success
March 09 by Process Excellence Network EditorFrom the moment The Effective Executive hit the bookshelves in 1967, Peter F. Drucker was leading a self-management revolution. Drucker's central thesis? "Knowledge workers must take responsibility fo...
Unlocking Business Potential through Data and Analytics - Greg Steffine, KeyBank
February 13 by Andrea CharlesIn this PEX Network interview Greg Steffine SVP and Director, Business Intelligence & Analytics Competency Center at KeyBank, speaks to Andrea Charles, Senior Editor at the PEX Network about unloc...
Leveraging Real-Time Data Insight
February 13 by Andrea CharlesData Science – The New Frontier for Process Excellence
January 04 by PEX Network StaffThe 4th Industrial Revolution is changing the way we live, work and interact with the world around us; compelling companies to re-tool their core capabilities to take advantage of these new data-centr...
IBM’s 3-Part Strategy for Becoming a Cognitive Business - How to Lead in a Fast-Changing, Digitally Disruptive Environment
December 12 by Process Excellence Network EditorWe believe the journey to cognitive BPO will be enabled by digital transformation augmented with analytics and cognitive technologies to create new possibilities and end-to-end outcomes.This white pap...
RPA Security: How to Ensure Your Bot Doesn't Go Terminator
December 05 by Process Excellence Network EditorFor many enterprises considering robotic process automation, concerns around security are preventing action. More often than not, it's the IT department that is slamming on the bra...
SSON Global State of the Shared Services & Outsourcing Industry Report and Analysis 2016
November 16 by Process Excellence Network EditorIn our 2015 global shared services & outsourcing survey we wanted to find out which levers practitioners around the world were using to drive performance.In the 2016 survey, we asked how they were...
[INFOGRAPHIC] The Essential Guide to a First-Class Customer Journey
November 02 by Process Excellence Network EditorLearn the essential components to achieving optimal customer experienceIn today’s competitive market, it is more important than ever to meet the rising and changing customer expectations. Failure to s...
5 Reasons You Cannot Wait Any Longer to Add RPA to Finance Operations
October 31 by Process Excellence Network EditorWhile technology has been a primary enabler of performance in Finance, we have not yet seen it embraced as a modus operandi, as is happening with many of the new start-up businesses that have so...
PEX Network State of the Industry - Operational Excellence in Financial Services Survey
October 26 by PEX Network StaffWith increased pressure on the financial services industry to demonstrate measurable compliance, performance and customer service improvements, operational excellence has moved up the value chain. The...
Become a PEX Network Member - Join the Largest Global Community for Process and Operational Excellence!
September 06 by Process Excellence NetworkJoin the largest global community for process professionals, business leaders and executives who want to improve their businesses through process and operational excellence.