This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Business Networks Fuel Next Wave Of Innovation And Productivity

Nearly 14 billion years ago, massive forces of gravity and friction converged to spark the big bang that gave life to the universe as we know it. The same convergence is now happening in the business world. And industry watchers say it will fuel the next wave of innovation and productivity. In a newly released podcast, industry watchers explore how digital communities and big data are coming together to help companies achieve new levels of performance and profits - and how companies like Ariba, an SAP company and the world’s business commerce network, are driving the transformation.

“Major technology shifts like cloud computing, mobility, and social and business networks have sparked an explosion of a new class of 'unstructured' data - texts, tweets, blog posts, web-based videos, and other social postings,” said Dana Gardner, Principal Analyst, Interarbor Solutions and host of the podcast on BriefingsDirect, an IT news and trends discussion forum, “Companies that can harness this information stand poised to gain unique insights that give them significant advantage over their peers and enable them to improve their performance and profits.”

According to Gardner, business networks like the Ariba Network are the ticket to doing just this. “By and large, people recognize that the information they want is out there, and it’s simply a matter of getting the right data and executing on it,” Gardner says. “Business networks like Ariba are ready-made for this.”

Zachary Tumin, Senior Researcher at the Science, Technology, and Public Policy Program at the Harvard Kennedy School, who participated in the podcast, agrees. “The world is changing fast, and you have to be able to manage the volatility, velocity, volume and variability in order to learn and adapt,” he says. “The opportunity of the networked world is that you can share insights and loop it across the network, so that people understand how to improve every day and every way the core business processes that they're responsible for.”

Stock quotes in this article: SAP 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs