Using information without defined objectives and not integrating it across the entire company are part of the mistakes that organizations can make when analyzing large volumes of data.
Although there are still many companies that have not begun to analyze the information they accumulate in their operation, there is a risk that the efforts they make in the future will not achieve the expected results if the mistakes that some organizations tend to make in the process are not avoided.
It has been estimated that this year companies´investment in business intelligence systems and data analysis will grow by 12% globally, driven by the banking sector and the manufacturing industry.
According to estimates by the firm International Data Corporation (IDC),"... worldwide revenues for big data and business analytics (BDA) will reach $150.8 billion in 2017, an increase of 12.4% over 2016.
In Costa Rica an investigation has been launched against the Ministry of Finance and the Public Service Company of Heredia for anticompetitive practices in the market of digital technologies.
Competitiveness in the production of goods and services is directly dependent on the adoption of digital technologies, meaning that having connectivity is vital.
The World Bank is analyzing the impact of the internet and mobile telephony in economic development and the "digital dividend" generated by improving economies in general and the business sector in particular, and its productivity through digital technologies.
The Instituto Costarricense de Electricidad is putting out to tender converged infrastructure to supply information technologies for a new energy control center.
Costa Rica Government Purchase 2015LI-000005-PROV:
"Converged Infrastructure to supply information technology equipment to a new control center for alternative energy in Canas."
On October 30th and 31st companies from the sector will gather together in San Jose to discuss issues such as internet governance, mobility and telecom investment.
Taken from Expotelecom.net:
For 2014. the 6th edition will be held again at Real Intercontinental Hotel located in Escazu.
Expo - Telecom since its inception in 2009, has been known for putting on a show featuring the industry's latest innovations, quality exhibitions and is a place where visitors will find interactive booths with new products, where the architecture displays the image of each of the exhibitors, highlighting the strengths of the various products on display.
Cable & Wireless Panama’s acquires local company Sonitel, a provider also in El Salvador, Peru, and Nicaragua B2B markets.
Cable & Wireless Communications, Plc (CWC), through its subsidiary Cable & Wireless Panamá, S. A. (CWP), today announces that it has agreed to acquire Panama-based Grupo Sonitel for US$36 million plus contingent consideration of up to an additional US$5 million.
From 21 to 23 October the Atlapa Convention Center will host the exhibition and meeting companies and telecommunications technologies from different countries in America.
From a statement issued by the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP):
PANAMA Bizfit 2014
With the participation of over 120 exhibitors and more than 100 policy makers, business leaders, technology providers and specialists solutions, the sixth version of BIZ FIT PANAMA will be held, a Meeting on Innovation and Technology for the country's most important businesses, which will take place from 21 to 23 October 2014, at the Atlapa Convention Center.
Panama is the only country in the region which has improved considerably in the use of information technology in the last year.
Investments in the field of information technology have resulted in more and better use of these IT services in Panama, which has improved its overall position in the use of technology, according to the Information Technology 2014 report, prepared by the World Economic Forum World.
Government investment in infrastructure for information and communication technology lays the foundation for growth in the sector.
A study by Oxford Business Group has analyzed the impact that public investment has had on the sector of information and communication technologies, prompting the arrival of international companies who want to exploit the potential of the sector but encounter barriers, such as a shortage of skilled labor.
The speed with which the Panamanian economy is developing is demanding skilled labour which, at the moment, the country is unable to supply.
The lack of qualified people in the areas of technology, software development and telecommunications is one of the challenges facing Panama as a consequence of its economic growth.
An article in Revistaitnow.com explains that "the IT sector in Panama consists mainly of the segments of software development, telecommunications, specialized services such as call centers and data centers which rely on the competitive advantages that the country has, but that does not mean that it can develop them alone. "
The reform of Article 92 of the Constitution of Nicaragua referring to databases, and telecommunications records could affect the trade and service industry.
According to Joseph Adam Aguerri, president of the Superior Council of Private Enterprise (Cosep), reform of Article 92 of the Constitution of Nicaragua proposed by the government is "counterproductive" in relation to economic matters.
The English company has officially announced the installation of a center for information technology and software development for the financial industry.
The company did not specify the amount of the investment, but said it intends to hire 300 people.
From a press release from the Presidency of Costa Rica:
This morning over a breakfast with foreign businessmen held in New York by the Costa Rican Coalition for Development Initiatives (CINDE) which included the participation of President Laura Chinchilla and Foreign Trade Minister, Anabel González, the English company Rule Financial Services publicly announced its decision to install in Costa Rica a modern center for information technologies and development of specialized software for the financial industry.
From 6th to 9th of May 2014 the Tenth International Conference on Open Source Systems will be held in Costa Rica.
According to Otto Chinchilla, one of the coordinators of the event, Costa Rica was chosen to host the Conference "because it is one of the countries that has had the greatest amount of investment and esteemed development in the software industry, having a highly competitive technology park ".
Investments by Panama are resulting in it being positioned next to Chile in the 2013 Information Technology ranking by the World Economic Forum.
The availability of free internet nationwide in 'infoplazas', the provision of computers with Internet access to schools and the implementation of e-government, has allowed Panama to advance its use of new technologies in Latin America.
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...