Be Group is a sponsor again for Phorum Philly

Phorum 2016 – Systems of Insights

Philadelphia, April 14, 2016 at The Fillmore

An effective enterprise requires insight into the market, their customers, and their business operations. True insight can only come with a deep understanding of themselves internally and all of their interactions.

Many of today’s business intelligence implementations focus on specific functions within the enterprise and have difficulty keeping pace with the increasing volume, complexity, and velocity of today’s data. Additionally these implementations typically serve the needs of a single function within the enterprise and lack the breadth to provide deep understanding for the business as a whole. New processes, methods, and technologies are necessary that provide businesses “insight” into market dynamics, customer relationships, and the health of the enterprise as they strive to successfully compete.

“Systems of Insight” address this, and allow the enterprise to collect data about the market, customer, and business, convert that data into usable information and apply institutional experience to turn information into knowledge. These systems enable companies to take standardized approaches in the collection, management, analysis and presentation of data. This standardization allows the repurposing of data to provide broad insight into the enterprise.

“Systems of Insight” require new technologies, architectures, systems, processes and integration to:

• Gather data from new sources such as applications, mobile devices, sensors, machines, social media to name a few
• Manage the diverse incoming data using big data platforms
• Leverage analytics techniques such as machine learning, natural language processing, and predictive analytics
• Deliver information and knowledge in order to create business insights
• Design an appropriate architecture to build these systems of insight
• Create new models and business strategies to become a more effective enterprise