Spend Data Warehouse “On Steroids”

  • Source: Zycus
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It’s only lately that people have been questioning the value of information they’re able to garner from within “spend data” warehouses. Why can t we leverage traditional tools to give the sourcing and purchasing community what they want? To understand the limitations of traditional data-cleansing technology, and why spend data necessitates special algorithms, we need to start with the basics.

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5 Signs It’s Time to Gain Control of Your Spend

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The Operational Data Lake: Your On Ramp to Big Data

Companies recognize the need to integrate big data into their real-time analytics and operations, but this poses a lot of technical and resource challenges. Meanwhile, those organizations that have operational data stores (ODSs) in place find that, while useful, they are expensive to scale. The ODS gives real-time visibility into operational data. While more cost-effective than a data warehouse, it uses outdated scaling technology, and performance upgrades require very specialized hardware. Plus, ODSs just can't handle the volume of data that has become a matter of fact for businesses today.

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ERP Solutions on Steroids ... Time for a No-tolerance Policy?

  • Source: UNIT4
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When enterprise architects first conceived and created enterprise resource planning (ERP) solutions in the mid-1980s, their predictive genius was praised during successive dot-com eras as Nostradamus-like in reading the future market’s thirst for transactional-driven solutions. Today, those transactional systems look like aging athletes on steroids—over-bulked, over-paid, and with very real worry that they’ll be found out. Read More
 
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