The Cost of a Data Breach Report 2022, conducted by Ponemon Institute, found that data security breaches now cost companies $4.34 million per incident on average – the highest cost in the 18-year history of the report. Forty-five percent of all breaches were cloud-based. This percentage is likely to increase, given that 43% of…
A current data explosion is being fueled by cheaper data storage and advanced analytics technologies. However, a difficult task still remains: how do we aggregate that data into a single place where you can easily analyze it? Teams struggle to access accurate, consistent data from the multiple analytics and extract, transform, load process (ETL)…
Do you still have an on-premises data warehouse? If so, are you evaluating whether you should move it to a cloud data platform? There are two main things to consider when making this decision: the advantages of the cloud versus on-premises deployment and the advantages of a modern cloud data platform versus an on-premises…
Customer experience (CX) is top-of-mind for business leaders who are weighing how to best make decisions that encourage customer loyalty and engagement. There has been a strong push across all industries to improve the quality of experience customers have, which in turn, drives revenue growth. Successful deployment of CX initiatives comes with challenges, however.…
Organizations need to put relevant, trustworthy, and actionable data directly into the hands of their front-line workers and decision makers, in a manner that improves situational awareness, as change is happening. This empowers users to decide on the best courses of action in the moment. Here’s how you can use our Actian (formerly named…
A recent McKinsey study found that over 70% of consumers expect a personalized interaction with the brands they engage with, and 76% have said they’re frustrated when this doesn’t take place. This represents a razor-thin edge for businesses, who can risk losing those frustrated customers to direct competitors, if their personalization efforts aren’t met.…
If you package and ship data like cartons of sugar – standard sized, easily stacked, and easily pulled from the shelf – it would be simpler to manage. Unfortunately, it’s not. Because organizations store data in so many different forms and places, extracting the sweet, fine grains of insight from hybrid data is a…
Whether you are a long-term user, new to Actian’s products and just learning the systems, or somewhere in-between, we are here to help you achieve your goals. At Actian, we are committed to partnering with our customers to offer them the best possible learning and user experience. We place a strong emphasis on serving…
Effective business decision-making relies on Getting CX right can be tricky given that the necessary data is often difficult to access across silos or exists in disparate and hard-to-reach places. A holistic understanding of a customer not only helps businesses know who they are selling to, but it also helps them craft a customer…
It’s no longer a question if business leaders must understand their customers and be able to identify where they are navigating in their technology journey. Creating a solid CX is not a luxury, but an essential practice for ambitious businesses that want to connect with their customers in meaningful ways - and this starts…
Embracing changes in customer demands is an essential quality of a forward-thinking enterprise. Customer demands are always evolving, and the past few years have turned consumer behavior on its head, making agility the biggest competitive differentiator. So how are companies supposed to keep up with customer preferences? Determining what behavior will become long-term shifts…
Scalability is for the most part, a peek into the future. That’s why organizations often bring it up when discussing growth and expansion opportunities - whether it’s scaling up operations to keep pace with increased customer demand or adapting to a new industry-disrupting technology. Scalability is particularly important to business leaders right now, as…
The faster an organization can innovate and scale its technology to adapt to changing market conditions and economic uncertainty, the better-positioned it will be as a market leader. Data insights fuel organizations but adding that “gas” to your organization’s SaaS is easier said than done. Be it analyzing customer data, running and maintaining a…
When business teams talk about “silos,” they’re usually referring to organizational constructs, bemoaning the presence of business teams that keep to themselves. Siloed teams can unintentionally (or intentionally) hoard information and business insights like precious grain in tall farm towers, not feeding the rest of the company. And sometimes in extreme cases, outside stakeholders…
Starting at the turn of the century, there has been a steady move to the cloud across industries. It started slowly at first but has evolved into a paradigm shift for many businesses. Security conscious players – bricks-and-mortar financial institutions, healthcare providers, retailers and utilities – have been slower than others in adopting the…
You can’t measure what you can’t see. If you consider this in terms of data, you also can’t analyze, curate, or leverage data blind spots to help create actionable insight. For many business technologists and business intelligence professionals, blind spots and data gaps create functional frustration and make it harder for teams to deliver…
