Tomorrow’s Forecast
January 29, 2010
I am always looking for different ways to describe what LÛCRUM does. Sure there is the standard response of “LÛCRUM helps companies to turn data into useful and actionable information,” but that can be tough to visualize. Sometimes it helps to use more vivid and familiar examples of things to explain the services we offer. Think of the weather. If all of the important weather components were just structured data in table or spreadsheet, it might look like this:
So sure, I could find what I was looking for…”what’s the temp at 9AM?” It takes a pair of readers a few seconds, but it’s there. There are so many other data points, however. Is it getting warmer or colder? Is it going to rain today? Certainly the other data points are there that would help me to make the decision – relative humidity, cloud cover, wind speed – but I may need to consult the company metadata to understand what it all means and if those numbers mean it will be getting hotter or colder. THIS IS DATA. Your org has it…you’ve got to make sense of it.
What LÛCRUM does, is make this DATA meaningful. We like to call it Business Intelligence or Data Visualization. Simply stated, we take all of those data points and help you to make better business decisions (or in this case, help you to decide if you should wear a coat or bring your umbrella).
THIS
IS
BUSINESS
INTELLIGENCE!!
Taking lots of data and making it meaningful…yeah, that’ s what LÛCRUM does.
- Jodie
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New blog post: Tomorrow's Forecast http://thefuturevalueofbusiness.com/tomorrows-forecast.htm
@davidebowman Thanks for the weather tip! http://thefuturevalueofbusiness.com/tomorrows-forecast.htm
What a great way to explain the difference between data and business intelligence – such a great way to distill what is sometimes a complex concept. Thanks, Jodie!
Excellent post Jodie.
Thanks David! And thanks to you for the inspiration!
Great link to compliment your article…Enterprise IT’s Top Enemy: Its Own Arrogance
http://advice.cio.com/thomas_wailgum/enterprise_its_top_enemy_its_own_arrogance
Ajay,
Thanks so much for the great link!! This is exactly what I am referring to.
Jodie
My blog last week http://tinyurl.com/ya9w6tq has a companion over at CIO Mag: http://tinyurl.com/ydaw3rr #UsersAreSmarterThanYouThink
@CIOOnline I agree with your article: http://tinyurl.com/ydaw3rr See my thoughts on same subject: http://tinyurl.com/ya9w6tq
Want to understand more about business intelligence? Check out this excellent post by @jhef from @LUCRUMinc http://bit.ly/dty5IG