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Showing posts with label model. Show all posts
Showing posts with label model. Show all posts
Monday, December 8, 2014
Wednesday, August 29, 2012
Oracle Upgrades Analytics in Oracle Retail Data Model
Oracle Press Release
Oracle Upgrades Analytics in Oracle Retail Data Model
Oracle Retail Business Intelligence Platform Delivers Advanced Analytics for Unique Retail Formats
Redwood Shores, Calif. – Aug. 29, 2012
News Facts
Oracle today announced enhancements to Oracle Retail Data Model, a standards-based, enterprise-class data warehouse that helps retailers gain the insight required to improve the customer experience, increase margins and drive profitability.
The latest version of the product incorporates several new forecasting features that provide retailers with actionable insight regarding price elasticity, workforce optimization, customer sentiment, customer segmentation.
To deliver insight and support for a full range of retailers, Oracle Retail Data Model now offers advanced analytics for a broader spectrum of subject areas. In addition to its existing capabilities for grocery, fashion, hardline and more, the latest release includes functionality to deliver insight into:
Quick serve restaurants and fine dining
Consumer goods
Wholesale and private label
Multi-channel
Franchise control
The newly enhanced Oracle Retail Data Model, has also been optimized for Oracle Database, Oracle Exadata Database Machine and Oracle Big Data Appliance to deliver extreme scalability and performance.
Retailers can use the standards-based, pre-built capabilities within Oracle Retail Data Model to accelerate the design, implementation and time-to-value of analytics applications from Oracle or third-parties.
Supporting Quotes
“Using Oracle Retail Data Model as the foundation for Gordman’s data warehousing and business intelligence platform will accelerate the deployment and our return on investment,” said Richard Heyman, chief information officer, Gordman’s. “The latest updates to the Oracle Retail Data Model will significantly improve the ability of our merchandising and planning teams to optimize operations and help Gordman’s grow profitably.”
“The enhancements to the Oracle Retail Data Model provide deeper and broader insight for a wider range of retailers,” said Mike Webster, Senior Vice President and General Manager, Oracle Retail. “By taking advantage of its new capabilities, retailers will have unparalleled access to information that is relevant, timely and actionable.”
Resources
About Oracle Retail
Oracle provides retailers with a complete, open and integrated suite of business applications, server and storage solutions that are engineered to work together to optimize every aspect of their business. 20 of the top 20 retailers worldwide - including fashion, hardlines, grocery and specialty retailers - use Oracle solutions to drive performance, deliver critical insights and fuel growth across traditional, mobile and commerce channels. For more information, visit our Web site at http://www.oracle.com/goto/retail
About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ:ORCL), visit www.oracle.com.
About Oracle in Industries
Oracle industry solutions leverage the company's best-in-class portfolio of products to address complex business processes relevant to retail, helping speed time to market, reduce costs, and gain a competitive edge.
Trademark
Oracle and Java are registered trademarks of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
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Tuesday, August 21, 2012
Etisalat Accelerates Data Retrieval and Analysis by 99 Percent with Oracle Communications Data Model Running on Oracle Exadata Database Machine
Oracle Press Release
Etisalat Accelerates Data Retrieval and Analysis by 99 Percent with Oracle Communications Data Model Running on Oracle Exadata Database Machine
Leading Middle Eastern and African Communications Provider Leverages Oracle Technology to Improve Customer Insight and Enable Better Decision Making
Redwood Shores, Calif. – August 21, 2012
Oracle Communications today announced that Etisalat Nigeria, a leading Nigerian communications service provider, has gone live with Oracle Communications Data Model, which helps it more quickly analyze growing volumes of diverse data, and make better business decisions.
Oracle Communications Data Model allows Etisalat Nigeria to analyze data across multiple business areas – including customer, revenue and network management – to react quickly to technological, regulatory and business challenges in both prepaid and postpaid markets.
Upon implementing Oracle Communications Data Model on Oracle Exadata Database Machine X2-2 Half Rack, Etisalat Nigeria reduced the time required to aggregate and analyze data by 99 percent1. The company can now load call detail records in near real-time, and has gained improved insight to the behavior of its customers and their propensity to churn.
Now able to make decisions based on near real-time data, Etisalat Nigeria can take immediate action to prevent customer churn, deliver personalized promotions and identify and address revenue leakage sources.
The solution includes pre-built dashboards and other customized components to jumpstart development and reduce the cost, complexity and risk of data integration. Implemented in just eight months, Oracle Communications Data Model also provides Etisalat Nigeria the flexibility to upgrade systems faster and efficiently as market conditions change.
Oracle Communications Data Model is purpose-built for communications service providers and has been conformance certified with the industry's TM Forum Information Framework (SID) standard, which fosters interoperability with providers’ systems.
Etisalat Nigeria has deployed Oracle Communications Data Model on Oracle Exadata Database Machine, which offers extreme data warehousing performance with faster upload and query speeds.
Etisalat also implemented Oracle Business Intelligence Enterprise Edition 11g to increase the efficiency of its business operations and gain additional contextual and actionable insight.
• Etisalat selected Oracle’s technology following a competitive evaluation to replace its legacy business intelligence (BI) systems, which lacked the functionality, performance and scalability for a dynamic and responsive BI environment.
• The Oracle Communications technology was implemented by Oracle PartnerNetwork Gold Level Partner Bluechip Technologies Ltd, Nigeria.
Supporting Quotes
“The Oracle Communications Data Model and Exadata solution has greatly improved our ability to quickly and efficiently retrieve and analyze data from a variety of sources. Transactional data is processed in near real-time, taking about 45 minutes to process data for a full day, which is a significant improvement on the eight hours it used to take to process the same data. Oracle’s technology has allowed us to offer customers relevant and personalized services, which we can quickly make available. Because the project only took eight months to implement, we were able to experience benefits much sooner than expected,” said Ajibola Ajia, IT Specialist, Intelligence, Implementation & Integration, Etisalat Nigeria.
“Considering the current data explosion in the telecommunications space, it was critical for Etisalat to implement technologies capable of collecting and getting the most from data in its various markets. The Oracle Communications Data Model running on Oracle Exadata provides Etisalat with a scalable and flexible solution, ensuring it remains competitive and maintains its position as a leading communications provider in the region,” said Bhaskar Gorti, senior vice president and general manager, Oracle Communications.
Supporting Resources
About Oracle Communications
Only Oracle’s software and systems span the communications industry technology landscape — from carrier-grade servers, storage and IT infrastructure, to mission-critical business and operational support systems and service delivery platforms; from business intelligence applications and retail point-of-sale solutions to the Java platform running on more than three billion mobile and handheld devices. Oracle helps 100 of the world's top 100 service providers innovate and exploit new business models, build strong, profitable customer relationships, and streamline operations. For more information, visithttp://www.oracle.com/us/industries/communications/index.html
About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ:ORCL), visit www.oracle.com.
About Oracle in Industries
Oracle industry solutions leverage the company's best-in-class portfolio of products to address complex business processes relevant to the communications industry, helping speed time to market, reduce costs, and gain a competitive edge.
Trademark
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
About Etisalat
Etisalat is a leading telecommunications corporation catering to consumers, businesses, international telecommunication companies, ISPs, content providers and mobile operators. Headquartered in Abu Dhabi, UAE, Etisalat is the largest operator in the Middle East and Africa regions with a market value in excess of AED 80 billion (US$20 billion) and annual revenues of approximately AED 30 billion (US$8 billion). Etisalat has one of the highest credit ratings for a telecommunications corporation in America, The Middle East and Africa and is the second highest rated telecom company globally on the Fitch rating scale and fourth highest on S&P and Moodys’ rating.
Etisalat operates in 18 countries across Asia, the Middle East and Africa, a coverage area which reaches more than two billion people. To date, the group’s global subscriber base exceeds over 140 million subscribers through mobile and fixed line voice and data services.
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Tuesday, March 6, 2012
Cloud Computing to Rewrite Corporate Business Models
IBM Study: Cloud Computing to Rewrite Corporate Business Models
Percentage of companies innovating with cloud expected to double by 2015
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LAS VEGAS - 06 Mar 2012: The number of enterprises turning to cloud computing to revamp existing business models will more than double in the next three years, as business leaders move to capitalize on the rapid availability of data and the growing popularity of social media, according to a new study released today by IBM (NYSE: IBM). Businesses that embrace the transformative power of cloud will have a significant advantage in the race to introduce new products and services and capture new markets and revenue streams.
To better understand the shift in how organizations use cloud today and how they plan to employ it in the future IBM, in conjunction with the Economist Intelligence Unit, surveyed more than 500 business and technology executives worldwide. The findings were compiled in a new study, titled "The Power of Cloud: Driving business model innovation."
“Companies are starting to understand -- cloud isn’t just about gaining efficiencies and cost savings; it’s about driving the kind of fundamental innovation that provides lasting marketplace advantage,” said Saul Berman, IBM global strategy consulting leader and co-author of the study.
IBM's Saul Berman discusses top factors influencing cloud's growing role as business model enabler
Changing Motivations for Cloud Adoption
According to the study, as they strive to better meet customers' needs and drive future growth, business leaders will increasingly tap cloud to develop new business models that can exploit the capabilities resulting from these digital trends. While 16 percent of the executives surveyed indicate they are already using cloud capabilities for sweeping innovation, such as entering new lines of business or reshaping an existing industry, by 2015, 35 percent intend to use it to transform their business models.
While a little more than half of the respondents indicated "improving organizational efficiency" as a top business challenge today, only 31 percent anticipate it will be a top challenge in three years. Instead the study indicates that their focus is shifting to growth and competitive initiatives in the future. The objectives cited by survey respondents for adopting cloud are in line with these business goals, indicating that business needs will soon rival IT motivations for cloud adoption:
· 62 percent of survey respondents said increased collaboration with external partners is a key objective for adopting cloud;
· 57 percent cited competitive cost advantages through vertical integration as a major motivation; and
· 56 percent pointed to opening new delivery channels and markets as an important objective.
Examples cited in the report showcasing how cloud is being tapped to drive new revenue streams and enhance business models include an online marketplace for handmade goods that has taken advantage of cloud’s cost flexibility to gain access to more powerful analytics online. The company is able to cost-effectively analyze data from the approximately one billion monthly views of its Web site and use the information to create product recommendations, providing it with access to tools and computing power that might typically only be affordable for larger retailers.
The study also cites an online health information network that enables the exchange of health information and transactions among healthcare providers, employers, payers, practitioners, third-party administrators and patients in India. By connecting more than 1,100 hospitals and 10,000 doctors, cloud computing’s capabilities are facilitating better collaboration and information sharing -- helping the network to pursue a more collaborative business model and deliver improved care at a low cost.
The study’s authors point to cloud's capabilities to mask complexity and enable user-defined experiences, as well as its overall scalability and cost flexibility as key reasons companies are planning to move it into front office operations in the near future.
"Cloud has the power to open doors to more efficient, responsive and innovative ways of doing business, and we believe the companies that will come out on top will be the ones that find ways to leverage it as a key point of differentiation in driving business value,” Berman said. “Whether they choose to tap cloud to optimize, innovate or even disrupt their business models, they need to start working on it now."
For more information on the study, visit: www.ibm.com/gbs/powerofcloud.
For more information on IBM, visit www.ibm.com
Tuesday, February 28, 2012
Security, Privacy & Reliability
Microsoft Outlines Evolved Security, Privacy and Reliability Strategies for Cloud and Big Data
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| Trustworthy Computing Next advocates for continued focus amid new computing inflection points. |
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SAN FRANCISCO — Feb. 28, 2012 — Today at the RSA Conference 2012, Scott Charney, corporate vice president of Microsoft Trustworthy Computing, shared his vision for the road ahead as society and computing intersect in an increasingly interconnected world. In a new paper, “Trustworthy Computing (TwC) Next,” Charney encouraged industry and governments to develop more effective privacy principles focused on use and accountability, improve end-to-end reliability of cloud services through increased fault modeling and standards efforts, and adopt more holistic security strategies including improved hygiene and greater attention to detection and containment. Ten years ago, the computing ecosystem was at a crossroads when Bill Gates introduced TwC and called for industry collaboration. Today, technology and society are more interconnected than ever. Big data’s strain on privacy protection, the shifting relationship between government and the Internet, and the evolving threat model all raise new challenges for industry and governments globally. “We are at another inflection point, with expectations for better security, privacy and reliability growing at an exponential rate,” Charney said. “Now is the time for industry and governments to develop and adopt strategies and policies that balance business and societal needs with individuals’ choices.” The Cloud and Big Data The proliferation of devices and cloud services has resulted in a massive aggregation of global data, also known as big data. While offering many potential societal benefits, this collection of data poses unique challenges. From a security perspective, big data represents a valuable target for attackers. As the cloud and devices become more integrated with society, people also become increasingly dependent on the reliability and availability of data and services to function. Finally, the massive increase in the amount and types of data available for collection, analysis and dissemination has strained traditional rules to protect privacy. One solution for the privacy challenge is for government, industry, academia and consumer groups to collaborate in updating current privacy principles to address the world of big data. These revised principles should place a greater focus on appropriate uses of data. They should also include an “accountability” principle to help ensure organizations use and protect data in ways consistent with individual and societal expectations. Together, these principles can help reduce the burden on the consumer and shift greater responsibility to the data collector. “Microsoft has long been a contributor to the global debate and discussion on the future of privacy,” said Malcolm Crompton, managing director of Information Integrity Solutions Pty Ltd. “The global framework proposed by Scott Charney tackles head-on many of the difficult realities of today’s environment. It’s a great contribution to the dialogue.” The Role of Government The advent of big data has also been challenging for governments. Any transformative technological change that recasts the way people live will engender deeper government engagement. This is because governments’ relationship with the Internet is a complex one. In the TwC Next white paper, Charney said governments globally are simultaneously users of the Internet, protectors of individual users as well as the Internet itself, and exploiters that capitalize on the power of technology for a variety of purposes. In times of need, governments may use online services to keep citizens informed, and first responders can react more effectively than those not using cloud-based services because they have GPS devices, mapping capabilities, street views, videoconferencing and other cloud-based services. Such benefits only materialize, however, if these systems meet reasonable expectations of overall service reliability. Recognizing this fact, governments may play an increasingly active role in many aspects of the Internet. Some nations are looking at legislatively mandating the adoption of information risk-management plans for those managing information and computing systems. The Evolving Threat Landscape While the quality of code has improved and infection rates have declined for products developed under Microsoft’s Security Development Lifecycle, the threat landscape continues to evolve. Opportunistic threats have been supplemented by attacks that are more persistent and, in many cases, far more worrisome. While some of these attacks have been called “Advanced Persistent Threats,” that term is often a misnomer. Some are advanced, but many are not; attack vectors are often traditional and unsophisticated. What marks these attacks is that the adversary is willing to persist over time and is firmly resolved to penetrate a particular victim. “The new security challenges today are to some extent the same as the old security challenges. They’ve just been magnified,” said Alan Levine, chief information security officer at Alcoa Inc. “An organization may be targeted by a determined adversary who has the time, skills and tenacity to prevail.” Companies must improve their basic hygiene approach to counter the opportunistic threats and make even persistent and determined adversaries work harder. This can be accomplished by designing systems not just to prevent attacks and recover from them, but also to detect successful attackers quickly and contain them so that their unauthorized access or disruption is limited. This new paradigm of protect, detect, contain and recover can serve as a practical foundation for managing risk in the age of persistent and determined adversaries. More information about Microsoft’s vision for TwC Next is athttp://www.microsoft.com/presspass/presskits/security. Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential. |
Monday, February 27, 2012
Facebook: Risk & Riches
Excerpt from an article in
The New York Times
Monday, February 27, 2012
For Facebook, Risk and Riches in User Data
By SOMINI SENGUPTA
SAN FRANCISCO — It is Facebook’s biggest conundrum. As the world’s largest social network, it faces intense scrutiny from consumers, courts and regulators worldwide over how it handles the data it collects from its 845 million users. But as a company preparing to go public, it is under pressure to find new ways to turn that data into profit.
The scrutiny is at its most intense in Europe. Regulators in Ireland, where Facebook has its European headquarters, have already demanded that it give users greater control over their information. A proposed Europe-wide law goes much further by requiring Facebook, along with every other online business, to expunge every bit of personal data at a consumer’s request.
In the United States, Facebook faces government audits for the next 20 years about how it collects and shares data, along with an assortment of lawsuits that accuse the company of tracking users across the Web. Even the White House stepped into the fray last week, demanding that Web companies give users more say in how their personal data is used.
Facebook is not the only company dealing with these issues, but it is especially vulnerable because its very business model relies on the fire hose of information that its users willingly share. “We are in very turbulent and unpredictable times when it comes to privacy regulations,” said J. Trevor Hughes, a lawyer who leads the International Association of Privacy Professionals. “We see regulators with a sense that something needs to be managed better, but without the tools.”
The result is a cloud of uncertainty for Facebook, which is expected to go public this spring. Among the risk factors listed in Facebook’s filing for a public offering is the prospect of “adverse changes in our products that are mandated by legislation, regulatory authorities, or litigation, including settlements or consent decrees.”
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