Within the next three years there will be over 20 billion connected devices (e.g. oil pipelines, smart cities, connected homes and businesses, etc.) which can empower the digital enterprise — or intimidate them. With the pace of digital “always on” streaming devices and technology innovation accelerating, one might think technology …

Predictive analytics are often used in strategic workforce planning (SWP), to forecast and close the gap between the future talent you’ll have versus the future talent you’ll need. Now, powerful analytical tools are driving that organizational calculus. Those tools predict who will leave and when, where talent will be plentiful …

If knowledge is power, then predictive analytics promises the ultimate knowledge — that of the future. Such knowledge does not come easily, but the increasing density of digital information, deeper automated connections across companies, and increased storage and computing power create new options for enterprise leaders. For the first time …

Research shows that businesses using data-driven decision-making, predictive analytics, and big data are more competitive and have higher returns than businesses that don’t. Because of this, the most ambitious companies are engaged in an arms race of sorts to obtain more data, from both customers and their own employees. But …

At a corporate level, who has ultimate responsibility for analytics within your organization? The answers I most often get are “Nobody” or “I don’t know.” When I do get a name, it often differs depending on who I asked—a marketing executive points to one person, while finance identifies someone else. That …

Predictive analytics often sounds a bit like quantum mechanics: fiendishly complex to look at and wildly counter-intuitive. So when someone sells you a tool, how can you verify that the black box is fit for its purpose or even lives up to the vendor’s claims? Of course, there never are …

Venture capital is slowly but surely becoming a more data-driven business. Although data on private companies can sometimes be scarce, an increasing number of firms are relying on quantitative analysis to help determine which start-ups to back. But Bloomberg’s venture capital arm, Bloomberg Beta, is going one step further: it’s …

Think for a moment about how an organization makes a decision. First come the facts, the data that will inform the decision. Using these facts, someone formulates alternative courses of action and evaluates them according to agreed-on criteria. The decision maker then chooses the best alternative, and the organization commits …