Paul Hofmann

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Through the Looking Glass: Critical Asset Insight and Transparency Increases Operational Efficiencies & Customer Confidence A looking glass is a magical lens or portal through which things can be seen that are otherwise invisible. This is a perfect metaphor for the increasing challenge faced by businesses to find value hidden in the data they generate as well as data that they have access to. Value nuggets in data are often obscured by large volumes of data ("noise", if you will). The larger the data sets, the more obscured the value nuggets are. A theoretical looking glass capable of discerning the signal from the noise will find value nuggets that enable precise and timely reaction to situations, as well as proactive and prescriptive measures that result in real quantifiable benefits. Erik Brynjolfsson[1] characterizes the benefits as a "data payoff." Results of h... (more)