New reviews for Vivek Ranadivé's The Power to Predict.
Predicting with Precision
Interview of Vivek Ranadive by David Ewalt, Forbes.com Video Network discussion the Need and Value of Predictive Business. Watch the Video >> |
| The question, of course, is how do you predict the future? The answer, argues Ranadivé, is simpler than you think. "You don't have to be able to anticipate what will happen next year, or even in the next quarter," Ranadivé writes. "Just keeping a half step ahead can create huge advantages." Some examples. . ." Read more >> |
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| -- CIO Insight |
| Ranadivé's first book, "The Power of Now," hit the scene in 1999 and lauded real-time business. His second, "The Power to Predict," is just out and makes a good case for predictive business. He recently explained to me that it's no longer enough simply to analyze what happened in the past or sit with a pile of up-to-the-minute info. Rather, the goal is to marry trends gleaned from historical data with real-time information to help anticipate what will happen. Read more >> |
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| -- Smart Money.com |
| The Power to Predict is surprisingly good for a book about IT strategy...the book explains how enterprises can take the next step beyond real-time IT systems and take advantage of predictive patterns. Read more >> |
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| -- Silicon Valley Watcher |
The true power of real-time information is not recording what has happened, but rather predicting what is to come, writes Vivek Ranadivé, CEO of TIBCO Software, a pioneer in developing real-time data software.
Ranadivé calls this concept “predictive business.” The idea is to marry real-time information with historical data to anticipate problems and opportunities in advance of the competition. The book outlines not only the technology needed to accomplish this task, but also the required organizational mindset. Read more >> |
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| -- Harvard Business School - Working Knowledge |
| Vivek Ranadive's The Power To Predict (McGraw-Hill, 2006) looks at how companies are making better use of data in business decisions. "Predictive business is like Wayne Gretzky racing to where the puck is going to be best placed for his next slap shot, while lesser hockey players aim for where the puck is now, finding themselves out of scoring position by the time they get control," Ranadive writes. He discusses the mathematics behind predictive modeling and how particular industries, such as banking and health care, are using data analysis and other technologies to improve marketing and customer service. Helpful case studies are provided on FedEx, Harrah's, E.J. Gallo and others. |
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| -- Intelligent Enterprise |
| Real-time principles taught CEOs to structure their business around responding immediately to customer demand. But how much better would your performance be if you could predict a customer need before it showed itself or extinguish a business risk before it erupted? In an interview with John Lawrence, Vivek Ranadivé, Chairman and CEO of TIBCO Software Inc, explains how taking a small step into the future with predictive business could put you a long way ahead of the competition. Read more >> |
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| -- The Chief Executive.com |
| When you have people like Mukesh Ambani, Nandan Nilekani, Rajat Gupta, Indra Nooyi, and R. Gopalakrishnan writing testimonials for your book, selling it to other readers shouldn't be a problem. But who is Vivek Ranadive? He is the founder-CEO of TIBCO Software, (Palo Alto) California based company that makes business integration and process management software. An MIT and Harvard alumnus, Ranadive is considered an authority on real-time technology and has another book to his credit (The Power of Now). In the Power to Predict, Ranadive argues that companies can anticipate future developments and serve customers better by continously matching real time events with historical patterns. "The Power to Predict," writes Ranadive, "addresses how seemingly significant situations can now be correlated, interpreted and processed in ways we never thought possible." According to him, several companies in the US are harnessing real-time technology to build greater intelligence on their customers with the idea of serving them better. So, The Power to Predict is really a marketing pitch for the software TIBCO makes, but that dosen't take anything away from the fact that intelligent IT can be a powerful tool for business transformation. Or as the author says, "becoming a predictive business is fundamental to the future of any company". |
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| -- Business Today |
| The Future is Now - Vivek Ranadive picks up from where he left off, in The Power of Now, and weaves another interesting read on predictive business. The first book came out when the dotcom boom was at its peak and people were still sceptical about the concept of real-time information. But these are changed times. In this sequel, Ranadive has got down to analyzing historical and real-time data to predict business events. Examples and anecdotes abound, from companies across sectors. The book outlines the impact of predictive business. It helps seize opportunities as they unfold and anticipate adverse conditions so that seemingly small and unrelated events are not precursors to future disaster. Ranadive charts how organisations that embrace historical information with operational visibility can better compete and be a market leader. The Power to Predict is easy read, more so if you have read the first. |
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| -- Outlook Business |
| The author is the founder, chairman and CEO of TIBCO Software and has shared his vision of real-time and predictive business in his book. He tells you how to ensure your company's prosperity by binding all the resources and information you have about your customers, and your corporate assets. Each chapter has real world examples. It tells you about how to handle your resources like transportation and logistics to improve your delivery and how you can power your retail links so that your customers access the data in real time to improve your sale and customer relation. |
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| -- PC Quest |
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The following are reviews for Vivek Ranadivé's New York Times Best Selling book The Power of Now.
| "The Power of Now is about the future. It is a book that details an emerging trend that will affect all of us, in one way or another, as we progress through the 21st century. It is a book about business, about speed, about competition, about technology, and about success in an increasingly global networked society." |
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| -- Scott McNealy CEO,
Sun Microsystems |
| ". . .Those are a few of the snappy, provocative ideas in Vivek Ranadivé's new book, The Power of Now, which champions the creation of "event-driven" companies that recognize and respond to real-time information about customers, markets and business opportunities. Ranadive is the founder and CEO of TIBCO Software, a Palo Alto, Calif.-based maker of real-time software used by companies such as Bechtel, Cisco Systems, Nasdaq, Yahoo and Goldman Sachs. Many business book writers these days discuss technology in vague, reverential tones with liberal sprinklings of cliches about competitive advantage. But not this guy. Ranadivé dives into actual specifics about IT infrastructure, discussing middleware and multicasting in terms that businesspeople and nontechies can learn from and appreciate. He argues -- very convincingly -- that it's far better to innovate and fail than stick with the 'mediocre status quo.' " |
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| -- Maryfran Johnson, Editor in Chief, ComputerWorld |
| "Ranadivé tears into the clichés of '90s business books. Empowering workers isn't enough (and you certainly don't have to give them donuts.) Team players are OK, but you need an organization that's fiercely competitive internally -- even if that means putting up with prima donnas. Tight 'kereitsu-like' alliances are counterproductive. Strategic planning beyond twelve months is as useless as astrology. Controversial but entirely compelling, The Power Of Now is worth your time -- now." |
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| -- Bill Camarda, bn.com editor |
"Vivek Ranadivé offers a fresh look at the hurdles businesses face in the new Internet Economy and why this will be a world where the fast beat the slow. Leading companies will use the power of the Internet to create and manage nMeew world networks that will leave their competition far behind."
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| --John Chambers, President and CEO, Cisco Systems |
| "In The Power of Now, Vivek Ranadivé makes it clear that networking is a 21st century survival issue for business. As networking unleashes the value of assets and relationships within and beyond the enterprise, in essence it becomes the business--encompassing the entire chain of interdependent activities, disciplines, and objectives required to achieve and maintain competitive advantage in an ever-increasing communications-intensive world. With the world moving at Internet speed, networking enables businesses to simultaneously manage for today and innovate into tomorrow. " |
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| -- Rick Roscitt, President, AT&T Business Services |
| "A company that acquires, deploys and wisely exploits real-time, active information is what Vivek Ranadivé dubs an 'event-driven enterprise.' Such companies sense and respond to the events that drive their business and achieve competitive advantage by creating virtual, integrated, real-time supply webs. Ranadivé provides an insightful look at how to stay ahead of the competition by staying close to customers." |
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| -- Dr. Eric Schmidt, CEO, Google |
| "Using a wealth of experience derived from interacting with over 500 companies, the author clearly and convincingly transports you down the event-driven road." |
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| --
Karen Van Slambrouck, Tech Week Book Bytes |
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