An annual assessment of the positioning strategies of the leading 21 BI vendors finds a lack of differentiation that makes it difficult for buyers to compare products. In the BI market’s sea of sameness, Qlik is the only vendor that stands out with this clever, memorable position.
Published at: https://www.eckerson.com/articles/independent-study-bi-vendor-messaging-shows-lack-of-differentiation

Independent Study: BI Vendor Messaging Shows Lack of Differentiation - Audio Blog

BettingSolutions is a leading Sports Betting API Solution Provider in India, offering advanced, customizable APIs that enhance betting platforms with real-time data, live scores, dynamic odds, and virtual games. Their innovative technology empowers operators to deliver a seamless, engaging user experience.

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Sports Betting API Solution Provider Company In India

In this episode, Prof. Venkat Venkatraman delves into the concept of "Fusion Strategy," exploring how real-time data and AI are set to revolutionize the industrial landscape. He discusses how companies can harness the power of these technologies to create a dynamic, forward-thinking strategy that blends physical and digital strengths, driving innovation and growth in the industrial sector.

In "Fusion Strategy: How Real-Time Data and AI Will Power the Industrial Future," Prof. Venkat Venkatraman & Prof. Vijay Govindrajan introduces the transformative concept of "Fusion Strategy," which merges physical product expertise with digital capabilities like AI and real-time data analytics. They highlight how leveraging real-time data can drive operational efficiency and decision-making, while AI serves as a crucial enabler for innovation, from predictive maintenance to supply chain optimization. The book emphasizes the creation of new value propositions through the integration of physical and digital strengths, and discusses the strategic adaptation required for thriving in the era of Industry 4.0. It also explores the impact of AI on employment, stressing the need for upskilling and reskilling, and advocates for building collaborative ecosystems to drive shared success. 

Addressing cultural resistance to change, Prof. Venkatraman & Prof. Govindarajan offers strategies for fostering a mindset of innovation and adaptability and provides case studies of companies that have effectively implemented fusion strategies, offering practical insights and actionable takeaways for navigating the evolving industrial landscape.

About the Guest:

Prof. Venkat Venkatraman is a distinguished researcher in the field of digital transformation, focusing on how established companies adapt to digital technologies. His work initially addressed transformations in asset-light sectors such as software and media, and now extends to asset-heavy, information-rich industries like automotive, logistics, healthcare, and agriculture. Prof. Venkatraman is expanding the insights from his 2016 book, 'The Digital Matrix: New Rules for Business Transformation' through Technology, into a new book dedicated to these asset-heavy sectors. He holds a PhD from the University of Pittsburgh's Katz Graduate School of Business (1985), an MBA from the Indian Institute of Management Calcutta (1979), and a BTech from the Indian Institute of Technology, Kharagpur (1976). He is a distinguished alumnus of IIM Calcutta. 

Prof. Venkat Venkatraman's extensive body of work includes influential publications across various aspects of digital strategy and technology. He is acknowledged as a pioneering scholar in digital strategy starting with his work at MIT Sloan School, his paper on strategic alignment published in IBM Systems Journal as well as academic and practitioner articles in prestigious journals such as Management Science, Information Systems Research, Strategic Management Journal, Harvard Business Review, Sloan Management Review and California Management Review.  He has over 60,000 citations according to Google Scholar and Stanford University has placed him among the 2% of all cited scholars.

Disclaimer:

A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music.

B. Prof. Venkat Venkatraman has granted permission to share insights from his latest book “Fusion Strategy: How Real-Time Data and AI Will Power the Industrial Future” co-authored with Prof. Vijay Govindarajan on Business Talk Podcast Channel.

Prof. Venkat Venkatraman delves into the insights from his book, Fusion Strategy

In this engaging episode of "AI with Shaily," your host, Shailendra Kumar, takes you on an enlightening journey into the world of artificial intelligence, specifically focusing on predictive analytics. 🌟 Shaily sets the stage by inviting listeners to envision a powerful tool that not only forecasts the future but also optimizes it, making it an essential part of business strategy.

As the discussion unfolds, Shaily highlights the anticipated growth of the predictive analytics market by 2025, driven by the integration of AI and machine learning. 🚀 He emphasizes the advantages of cloud computing, which provides businesses with the scalability and flexibility they need to tackle tech challenges. With the rise of real-time and self-service analytics, Shaily paints a picture of a world where businesses can receive immediate insights, akin to express delivery for data! 📦

A fascinating twist in the conversation is the introduction of hybrid systems that merge predictive AI with generative AI. Shaily illustrates how this combination can lead to smarter decision-making, where AI not only generates content but also advises on its accuracy, enhancing the reliability of outputs. 🤖💡

Shaily also discusses the emergence of automatic predictive models, which are set to revolutionize sectors like retail, healthcare, and finance. These models are designed to improve efficiency and accuracy, making them invaluable in data-driven environments. 📊👨‍⚕️

A key takeaway from the episode is the importance of valuing predictive AI projects based on business metrics. Shaily introduces the concept of BizML, a practice aimed at bridging the gap between technical experts and business leaders, ensuring that predictive models yield a solid return on investment. 💰📈

The episode concludes with a focus on real-time data collection, which Shaily describes as a game-changer for fast and responsive decision-making. He encourages listeners to embrace the idea that "In data we trust," suggesting that timely insights can help businesses stay ahead of market trends. ⏱️📉

As a parting gift, Shaily shares a valuable tip about the synergy between AI insights and human intuition, proposing that this combination could be the ultimate power couple in the digital landscape. 💑✨ He leaves the audience with a thought-provoking quote about the importance of clarity and foresight in the realm of AI.

Before wrapping up, Shaily invites listeners to connect with him on various platforms like YouTube, Twitter, LinkedIn, and Medium, encouraging ongoing conversation about AI and predictions for the future. He expresses his eagerness to hear from his audience and emphasizes the importance of collaboration in shaping the future of AI. Until next time, Shaily encourages everyone to keep exploring and predicting! 🎤💬

Predictive AI Unveiled: The Future of Insight and Innovation

📊 Bulk Upload or Real-Time API? Which one fits your business better?

Whether you’re dealing with large data dumps once a month or need up-to-the-minute updates inside your app, choosing the right method can save time and money.

This guide breaks down the pros, cons, and real-world use cases—so you can pick what works for your workflow (or combine both!).

👉 Read now: https://www.searchbug.com/info/bulk-data-processing-vs-api/

#DataProcessing #APIs #BusinessData #Searchbug #BulkUpload #RealTimeData #CRMIntegration #DataManagement #DeveloperTools

Bulk Data Processing vs. API Which Is Best for Your Business

Unlock the secrets of data mastery with Shailendra, a 27-year veteran in AI, ML, and Data Science, driving AU$ 6 Billion in transformative value. As the author of 'Making Money out of Data,' their strategies redefine digital success. With expertise honed at IBM and Accenture, they drive innovation and data monetization. Explore how loyalty programs like Flybuys and Everyday Rewards revolutionize business—connect with Shaily today.

Welcome to Business Talk, your go-to podcast for the latest trends, insights, and thought-provoking discussions in the business world. Whether you're a business professional, entrepreneur, researcher, or academic, our episodes will challenge you to rethink conventional wisdom and inspire actionable ideas.

Brought to you by Global Management Consultancy, we are committed to driving innovation and excellence in the business community. All content Copyrighted 2024 by Global Management Consultancy.

For more information about our past and upcoming podcasts, please click here:https://www.deepakbbhatt.com/businesstalk

Listen to data and analytics leaders share the secrets of their success. Wayne Eckerson, long-time global thought leader interviews guests who run data and analytics programs at Fortune 2000 organizations around the world. Tune in to stay abreast of the latest technologies, techniques, and trends in our fast-paced industry.

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New tracks tagged #RealTimeData