n‎ > ‎


Today's data comes in all shapes and sizes and it's always changing. As Simon Moss points out in his comment, companies have to spend a large amount of time designing and editing schemas, etc. You need to check out Stretchr (www.stretchr.com) because all of that time and complexity goes away. Simply acquire that data from any source in any form, seriously audio, video, social media, mobile it doesn't matter; Stretchr organizes the data for you based on how your users want to consume it.

This is a game changer for any company wanting to mine & monetize their unstructured data.

      • 7:44 pm July 1, 2014
      • Simon Moss wrote:

      A solid report. Thanks! The problem is we are looking to solve the challenge in exactly the same way as we have done for 25 years now. The result is that for any project, 70 cents of every dollar spent is spent in identifying, cleaning, normalizing, moving, storing and optimizing data before a penny of value can be created. And 50 cents of that 70 is an exact repeat of at least 5 other projects that have been undertaken in the last 3 years. No wonder we are looking at a 50% failure rate of projects over $15 million http://www.mckinsey.com/insights/business_technology/delivering_large-scale_it_projects_on_time_on_budget_and_on_value . The issue is, for analytics to be effective we expect data to be cleaned, prepared and served up on a plate, because we expect data to be moved to the analytics. This centralization prerequisite will continue to be undermined as data sources, technology platforms and end points increase in number and distribution. Perhaps this link will help in perspective http://info.pneuron.com/big-data-a-viable-foothold-appears-the-rest-is-hype-2/

    • « Previous
      CFO Moves: Ryanair, Xinyuan, Novatel, Salesforce.com
    • Next »
      Big Number: $447 Billion
    Content from our sponsor


    • FASB Proposes New Disclosures for Embedded Derivatives

      The Financial Accounting Standards Board proposed new disclosure requirements for hybrid financial instruments with bifurcated embedded derivatives. The proposal, which does not amend existing bifurcation guidance, requires entities to disclose the link between embedded derivatives and their host contracts. This Deloitte “Heads Up” newsletter includes an illustration of the proposed tabular disclosure format.

    • Read more about: Financial accounting and reporting, Financial services
    • Read more from Deloitte »
    • Please note: The Wall Street Journal News Department was not involved in the creation of the content above.

    About The CFO Report

    • RSS
    • The CFO Report provides original real-time reporting, analysis and commentary on news and trends of critical importance to chief financial officers and other senior corporate finance executives: accounting, tax, regulation, capital markets, banking, management and strategy. The CFO Report is a core component of CFO Journal, which aggregates articles and data from The Wall Street Journal and other premium sources. Contact our editors with news items, comments and questions at: cfoeditors@dowjones.com.

      Learn about the CFO Journal editorial team.


    Subpages (4): 5 d f r