Welcome!

Java IoT Authors: Yeshim Deniz, Liz McMillan, Pat Romanski, Roger Strukhoff, Elizabeth White

News Feed Item

GoodData Unveils New Strategy to Monetize Big Data

Introduces BizData Monetization, a New Approach That Enables Companies to Unlock Revenue, Profit and Business Performance From Big Data

SAN FRANCISCO, CA -- (Marketwire) -- 09/10/12 -- Today, GoodData® unveiled BizData Monetization (BDM), a new strategy for empowering businesses to find sources of revenue and profit from Big Data. GoodData is the leading maker of cloud-based analytics business mashups and platform, enabling companies of any size to convert data into business advantage.

The Rise of BizData
The rapid growth of cloud, social and mobile computing has created a new class of Big Data that is relevant to business, called BizData. According to IDC, the volume of digital content this year will rise to 2.7 zettabytes (equivalent to 2.7 billion terabytes), including video, images, social media events and Web-enabled workloads. IDC describes this data as rich in information but difficult to process and analyze.(1).

Many companies struggle to glean actionable insight from the wealth of BizData they have collected and stored, as existing business intelligence systems have failed to deliver on their promise.

"Today, the difference between success and failure is the ability to monetize a new class of data," said Roman Stanek, founder and CEO of GoodData. "It's ironic that, despite billions of dollars spent on business intelligence systems, we are still data-bankrupt. BizData Monetization will turn data into powerful insights and a revenue-generating source, completely revolutionizing how we think of and leverage data."

GoodData's BDM strategy includes three core components:

  • BashMarketplace™, a library of pre-built business analytics mashups called GoodData Bashes™;
  • BizData Monetization Platform, an end-to-end, cloud-based analytics platform;
  • Powered By, an extensive partner ecosystem designed to extend BizData monetization across industries and functions.

BizData Monetization Platform

The foundation of GoodData's BDM strategy is its BizData Monetization platform as a service. It is the first end-to-end, scalable platform that delivers the complete stack of BizData integration, modeling and visualization, securely in the cloud.

The GoodData platform gives companies an easy and inexpensive way to collect, store and analyze structured and unstructured BizData across information silos.

"GoodData's BizData Monetization Platform enables our customers to gain insight into community engagement that identifies intent, such as product interest by prospects," said Jeff Nolan VP Business Development at Get Satisfaction. "Our customers can now leverage the Get Satisfaction Community Health Analytics 2.0 powered by GoodData to easily identify product interest, champions and leverage that insight to increase customer acquisition and deliver better customer service."

GoodData BashMarketplace

The GoodData BashMarketplace allows partners and customers to create and access Bashes, business mashups, for their specific business needs. Bashes, built on GoodData's leading BizData Monetization platform, include integrations, reports, analytics, key performance indicators and best practices rolled into a visually stunning user experience.

Today, GoodData offers three new Bashes: the GoodMarketing Bash™, analyzing marketing's revenue contribution; the GoodSales Bash™, managing sales pipeline and performance; and the GoodSubscription Bash™, optimizing customer engagement and revenue impact.

Powered By Partner Network
GoodData's Powered By partner network extends Bashes to a broader ecosystem. Partners are now able to build their own Bashes for their customers and meet their particular vertical or functional business needs. Given that partner Bashes run on the GoodData platform, they offer the same level of integration as GoodData's pre-built ones.

GoodData and its growing partner network will release additional Bashes in the coming months.

GoodData at Dreamforce 2012

GoodData is a gold sponsor at the Salesforce Dreamforce 2012 event, which takes place in San Francisco, California, Sept. 18-21.

Customers and prospects can visit GoodData's booth #1301 to learn how to monetize their data with the new suite of GoodData Bashes. GoodData will also co-host an exclusive entertainment event with Marketo on Thursday, September 20 at the Terrace at the W hotel, located at 181 3rd street in San Francisco. To attend, please register here.

For more information on GoodData and its BDM strategy, please visit our website. For more information on how to join GoodData's Powered By partner program, click here.

(1) Source: IDC IDC Predictions 2012: Competing for 2020, Doc #231720, December 2011 by Frank Gens.

About BizData Monetization (BDM)
BDM is a new strategy for empowering enterprises to find sources of revenue and profit from Big Data. BDM connects information silos -- including mobile, social web, internal data and cloud apps -- to provide all the relevant information business users need to make better and faster decisions. Information is delivered in a compelling, easy to use GoodData Bash™, a business mashup, that includes reports, analytics, apps, key performance indicators and best practices rolled into a visually-stunning user interface. BDM is a rapidly growing category part of the Big Data market, which is estimated at $100 billion by Merrill Lynch.

GoodData at Dreamforce 2012

GoodData is a gold sponsor at the Salesforce Dreamforce 2012 event, which takes place in San Francisco, California, September 18-21.

Customers and prospects can visit GoodData's booth #1301 to learn how to monetize their data with the new GoodData Bashes. GoodData is co-hosting an exclusive entertainment event together with Marketo on Thursday, September 20 at the Terrace at the W hotel, located at 181 3rd Street in San Francisco. To attend, please register here.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Ana Andreescu
email: [email protected]
phone: 415-200-0783

Boca Communications for GoodData
Ethan Parker
email: [email protected]
phone: 415-377-0978

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
The 22nd International Cloud Expo | 1st DXWorld Expo has announced that its Call for Papers is open. Cloud Expo | DXWorld Expo, to be held June 5-7, 2018, at the Javits Center in New York, NY, brings together Cloud Computing, Digital Transformation, Big Data, Internet of Things, DevOps, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone inn...
Digital Transformation (DX) is not a "one-size-fits all" strategy. Each organization needs to develop its own unique, long-term DX plan. It must do so by realizing that we now live in a data-driven age, and that technologies such as Cloud Computing, Big Data, the IoT, Cognitive Computing, and Blockchain are only tools. In her general session at 21st Cloud Expo, Rebecca Wanta explained how the strategy must focus on DX and include a commitment from top management to create great IT jobs, monitor ...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
SYS-CON Events announced today that Evatronix will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Evatronix SA offers comprehensive solutions in the design and implementation of electronic systems, in CAD / CAM deployment, and also is a designer and manufacturer of advanced 3D scanners for professional applications.
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Digital transformation - what we knew about it in the past has been redefined. Automation is going to play such a huge role in that because the culture, the technology, and the business operations are being shifted now," stated Brian Boeggeman, VP of Alliances & Partnerships at Ayehu, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...