From machine learning and artificial intelligence (AI) to robotics, more and more companies are embracing automation to drive process improvements across their business. Unfortunately, they’re falling short of achieving that result. The leading factor holding them back is data accuracy.
Author Archive for: Darren Peirce
About Darren Peirce
This author has yet to write their bio.Meanwhile lets just say that we are proud Darren Peirce contributed a whooping 14 entries.
Entries by Darren Peirce
Sometimes I have to remind myself that we’re just a toddler with a strong family history … Fresh from a quarterly board meeting, after closing out a great quarter ahead of plan, it felt like a good time reflect on where we’ve come. Four years ago, we formally announced the formation of Magnitude Software. We […]
The unfolding drama of the Facebook and Cambridge Analytica debacle is further fueling the impending landmark GDPR regulations, but what are most companies doing? Like other software companies that serve hundreds of Fortune 500 companies, we’re seeing a rapid increase in vendor request forms to attest to our GDPR practices. We’re also engaged in ongoing […]
Customer data has never been more valuable given the morphing of retail into an omnichannel world. In this age of the customer, the holy grail is capturing a 360 view of your customer both online and offline. Just look at the recent Amazon and Whole Foods deal. According to WSJ, the big prize in this […]
While blockchain is renowned as the underlying foundation for the crypto-currency Bitcoin, interest is bubbling up for blockchain across industries as entrepreneurs experiment with new use cases. Beyond financial services, healthcare IT sees promise, as does the Office of Finance for its record keeping and auditing needs. Beyond the benefits of blockchain is a reality […]
As a CTO, I find it it fascinating to watch the explosive growth of the API economy. APIs have become the fuel that’s enabling companies to create and launch new business models at unprecedented speeds. According to programmableweb.com, there are more than 16,000 APIs. HBR cites that Salesforce.com generates 50% of its revenue through APIs, […]
A new study released by Tata Consultancy finds that a majority of companies see artificial intelligence (AI) as “essential” to competitiveness with widespread adoption expected across job functions by 2020 in areas such as finance. With finance leaders serving as the data stewards at many companies, we see a transformation of the Office of Finance. […]
The 2017 CFO IT study is out and it shines a bright future for data analytics. CFOs are setting the data agenda and the survey reveals more than 70 percent of CFOs and finance executives plan to devote substantial time to data analytics in the next two years. While it’s great news that CFOs are […]
ITProPortal expressed interest in a new perspective on the promise of SaaS for enterprises. The result? SaaS Simplicity: A promise undone in the enterprise. The enterprise turn toward SaaS and the cloud has
Recently, Upside (upside.tdwi.org) asked me to share my thoughts on being a CTO, over-hyped trends, and the use of analytics. Regarding the latter: the real opportunity for data analytics and data science is in moving from real-time decision making to future-state modeling by way of advances in AI and machine learning.