Chief Technology Counsel Services Benefits

Maximizing Technology Benefits: The Advantage of Chief Technology Counsel

The world of commerce has evolved in the past decade due to the invention of the internet and the advantages that it brings. However, taking advantage of all these technological innovations is not that easy. The use of technology can be tricky, even scary for some people. Thus, the need for chief technology counsel services becomes even more important as we advance.

What are the advantages of Chief Technology Counsel Services?

The main advantage of Chief Technology Counsel Services can be summarized into 3 major points: Facility, Cost Effectiveness, and Productivity.

Facility:

Business owners and leaders are experts in their field—that is thinking of ways to maximize profit and attain operational excellence. But knowing how to facilitate transactions and operation through the use of technology is another thing. CTC technology experts provide great support to the business experts by showing how technology can further help in the growth of the business or in facilitating operational transactions.

Chief technology counsel likewise eliminates the need for creating an in-house team to address operational issues related to technology. This way, employees and officers can focus on their strengths and will not be bogged down by concerns that technology experts can solve immediately with the use of minimal resource.

The set-up can be a win-win situation for everyone—the business owners, corporate officers, and employees, and even the technology counsel because of the facility and ease of the transactions using and maximizing technological tools.
Cost Effectiveness:

Ever heard of organizations spending on high-tech equipment to help them in their operations but failed on implementation? This happens when there is no fit between the tool and the persons expected to execute the program. Most of the time, it is better to leave the technology-related part of the program to the experts-such as the Chief technology counsel.

CTC services, more or less fall under the following six business practices:Technology Risk, Management & Support, Business Continuity Planning & Support, Information Assurance, On-Demand Services, Managed Services and Enterprise Content Management (ECM). Definitely, you will find a CTC expert that can respond to your need in any of these arrangements or practices.

In addition, since most small and medium-sized businesses cannot afford to have their own Management Information Systems (MIS) or Technology departments, the chief technology counsel services offer the benefits of having a technology adviser without much expense.

Productivity

With the business owners and operations people concentrated on maximizing profits and ensuring operational excellence, productivity comes out as a logical result. Also, with the experts’ know-how, the trial and error system is avoided and efficiency is realized. Chief technology counsel indeed is a wise investment for any business.

Business Data Analysis : Comparing Data Populations with SQL

While dealing with business data you will often times need to validated various database populations with one another. The comparison queries below are simplistic in nature but can be used in a host of business questions, solutions and resolutions. The SQL queries check and see if a record is in one population and not the other. Below is a set of three SQL business queries which use a standard join, left join, and right join which compares two populations against each other.

Business Scenario: A company has a set of loans which it needs to have evaluated by a third party. The company has 1000 loan records in their database. They have received back 975 records. The goal is to research the returned loan population from the third party evaluation company.

Individual SQL Count Query: It will be important to document how many loans are in each data population. In this business scenario, the original population results in 1000 loans and the returned population has 975 loans.

Individual SQL Count Query Example:

select count(loan_num) from original_loan_pop

select count(loan_num) from returned_loan_pop

SQL Straight Join Query: This business related query checks to see which records are in both populations. In the business scenario, the query returns 970 records. This means of the 1000 loans sent to be evaluated, only 970 loans were sent back correctly from the original population.

SQL Straight Join Query Example:

Select * from
(select * from original_loan_pop)a
join
(select * from returned_loan_pop)b
on a.loan_num = b.loan_num

SQL Left Join Query with Criteria: This query looks to see which loans are in the original table, but are not in the returned table. The query in this example returns 30 loans.  This mean of the 1000 loans sent to be evaluated, 30 loans from the original population were not included.

SQL Left Join Query Example:

Select * from
(select * from original_loan_pop)a
left join
(select * from returned_loan_pop)b
on a.loan_num = b.loan_num
where b.loan_num is null

SQL Right Join Query with Criteria: This query looks to see which loans are in the returned table table, but are not in the original table. The query in this example returns 5 loans.  The results of this query mean the company who provided back the evaluated loan information some how added 5 loans that were not even included in the original 100o loan data set.

SQL Right Join Query Example:

Select * from
(select * from original_loan_pop)a
right join
(select * from returned_loan_pop)b
on a.loan_num = b.loan_num
where b.loan_num is null

Final Results and Findings: Based on the results of the data analysis above, a data analyst or business analysis could conclude that the data returned by the loan evaluation company is incomplete with data inconsistencies. Of the original 1000 loans only 970 were returned correctly, with 30 loans missing. More concerning, there were 5 loans returned which did not even exist in the companies original loan set.

Article by Brady Smith
  • Search for "business intelligence"
  • No comments
  • 19 Feb 2009

iovation Adds Max Anhoury to Executive Team

PORTLAND, Ore., BUSINESS WIRE -- iovation, the Device Reputation Authority' for the Internet, today announced a new executive appointment.
  • Search for "business intelligence"
  • No comments
  • 19 Feb 2009

27.NOV.08 Symposium Brings Together Artists, Scientists

By ARIN MIKAILIAN 27.NOV.08 It was a meeting of the technical and artistic minds as members of the entertainment industry and scientific community met in Century City Nov.
  • Search for "business intelligence"
  • No comments
  • 19 Feb 2009

Interview- Three ways to leverage ERP during slowdown

Chennai: In what ways can enterprises leverage their ERP systems during a period of economic crisis such as what is currently experienced? When I pose this question to Mr Ranjan Das , Managing Director, SAP, ...
  • Search for "business intelligence"
  • No comments
  • 19 Feb 2009

Verizon Business Introduces New Portfolio of Converged Solutions…

Verizon Business announced Wednesday that it is rolling out a new portfolio of converged solutions that address the security and performance challenges faced by large corporations.
  • Search for "business intelligence"
  • No comments
  • 19 Feb 2009

While The Thrashers Wander In The Deserta

IA have a minister friend of mine who lived in Arizona.A Once he told me that heA found that part of the country to be among the hardest of places to win converts.
  • Search for "business intelligence"
  • No comments
  • 19 Feb 2009

Stratfor-Mexico: The third war

Mexico has pretty much always been a rough-and-tumble place. In recent years, however, the security environment has deteriorated rapidly, and parts of the country have become incredibly violent.
  • Search for "business intelligence"
  • No comments
  • 19 Feb 2009

MicroStrategy Recognized in Consumer Goods Technology 2009 Readers’ Choice Survey

Each year, CGT asks its subscribers to identify their most valued solution and service providers across multiple categories.
  • Search for "business intelligence"
  • No comments
  • 19 Feb 2009

mKhoj Hires Frisbie from Yahoo! for US Role

She joins mKhoj after almost five years at Yahoo! where she served as Vice President of Category and Sales Intelligence, and was charged with leading Yahoo's advertising sales strategy for its most important ...