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Local Leaders Convene in Boston to Share Industry Best Practices in Second “Business of Big Data” Summit
Date:2/25/2013

Boston, MA (PRWEB) February 25, 2013

On March 13th, industry leaders from the Boston area will convene with Big Data thought leaders at Knowledgent’s “The Business of Big Data: Maximizing the Value of Information” event, hosted in the Boston Harbor Hotel at Rowes Wharf. This event which is drawing C-level, VP and director level management, will be different from other Big Data events in that it focuses almost exclusively on the business aspects rather than on technologies or vendors.

Several keynote speakers, including Dr. Thomas Hill, Vice President for Analytic Solutions at StatSoft Inc., a 20-year pioneer in applied statistical methods and advanced analytics, and an expert panel of practitioners leading the adoption of Big Data at several prominent financial firms will shares their perspectives on the disruptive nature of this technology, the opportunities for game changing innovation and the business challenges of operationalizing the new capabilities offered.

“This is the second event in our ‘Business of Big Data’ series, following on the success of our first which we held at the Sheraton in New York City in December,” explains Peter Gibson, Knowledgent Co-CEO. “We believed then and still do that Big Data is misunderstood for its potential to revolutionize how businesses are managed, especially in those industries that are information rich like financial services, life sciences and healthcare. These events are critical to clarifying the challenges and opportunities for industry leaders and we are certain Boston will benefit from the real-world examples our panel and keynote will share.”

Knowledgent conducted a survey this past fall of 100 IT, financial services, insurance, life sciences and other industry executives, which revealed unexpected sentiments about Big Data’s expected impacts and adoption across these industries. When asked whether Big Data will elevate data-driven management practices from ‘best-practices’ into the mainstream, forcing business leaders to “embrace the paradigm or be replaced by others who do,” 83% of executives surveyed agreed. Another 71% of those surveyed said Big Data will unleash mass innovation leading to a positive impact on GDP in the next two decades as process automation did in the last three decades through productivity improvements.

The survey findings are largely driving the theme of the event as well as the keynote of Knowledgent’s Managing Partner and Chief Technologist Chris Blotto, on laying the proper technological and organizational foundation for industrializing Big Data. Mr. Blotto will also moderate the expert panel.

About Knowledgent
Knowledgent is a purpose-built Industry Information Consultancy that provides advanced Information Management and Analytical (IM&A) solutions with industry-specific specialization in Financial Services, Life Sciences, Healthcare and Commercial markets. Knowledgent is founded with the mission to help an enterprise become more information centric. We chose this mission because while information has been recognized as a strategic corporate asset, its importance has now reached an inflection point: corporations that don’t learn to innovate through information and compete on analytics will be left behind by those that do. That’s because the extreme volumes of data exhaust now being generated by systems, machines and the Internet represents an unexplored ocean of data with unlimited potential of mining insights that can be used for instructive predictions about products, markets, customers and human behaviors.

Knowledgent is a first-in-category firm, built from the ground up to combine IM&A advisory and delivery capabilities with vertical domain knowledge. While the core capability of our firm is comprised of competencies that address business & IT strategy, business analysis, program management, information management, and big data analytics, the context in which we approach any problem is the vertical industry of our clients.

For more information about Knowledgent or this release, please visit http://www.knowledgent.com, email marketing(at)knowledgent(dot)com or call 212-265-3300.

Read the full story at http://www.prweb.com/releases/2013/2/prweb10466948.htm.


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