Data Section: The value of data models and data modeling concepts

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Regardless of technology or process, all decisions made and actions taken are best completed when they are based on fact. A fact is a recording of information (or data) about any person, place, thing or event.  Example one: a customer (is a person) – we record their (facts) name, address and telephone number.  Example two: a product (is a thing) – we record its (facts) size, color, style, and cost.  Example three: an order (is an event, some might say a relationship) – it records information between a customer and a product (e.g., Order 123 recorded that on 9/30/2013 customer Bob went online and ordered a pair of shoes, he paid $100 and had them shipped to his home address of 123 Alphabet Road). So,ddata modeling is a way for us to capture the essence of data.

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Auto Section: Harley-Davidson shows Project Livewire electric motorcycle

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Harley is showing all sorts of photo and video of its EV bike, and the project appears fairly far along. Although, it’s not quite ready for dealers yet partially because H-D wants to get customers’ reaction to this big shift first. The company is taking the Livewire on a cross-country tour through 30 dealers along Route 66 starting next week, and some people actually get the chance to get on and ride this experimental hog. In 2015, the program goes international with stops in Canada and Europe.

The Livewire has the cues of a naked sport bike with an exposed trellis frame and dual-sided rear swing arm suspension, but the engine is something very non-Harley, though. There’s no big V-twin here, instead the electric motor appears partially exposed in a polished case underneath.

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Banking Section: Prepaid Will Dominate Mobile Wallets, Banks Warned

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An influential trade group today warned traditional banks that prepaid is likely to be the future engine behind mobile wallets.

Mobey Forum sees the continuing advance of mobile payment services creating new opportunities for prepaid. But more than this, the proliferation of the prepaid model is also opening doors for mobile payment services, enabling innovative deployments by merchants and other stakeholders and encouraging wider spread user adoption as a result.

Some prepaid providers are developing suites of financial services that seek to compete head to head with the current accounts of traditional banks. Should these services be rolled into a mobile wallet environment they will be exposed to customer demographic of predominantly affluent, technically curious, early adopter mobile wallet end users. Business won here is likely to be at the direct expense of the traditional banking industry.

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Social media & Analytics Section: Twitter details how new home-grown system coordinates data analytics

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Twitter has unveiled its new real-time analytics orchestration system, dubbed TSAR (TimeSeries AggregatoR), that will help ease the burden of its engineers. The framework was designed for the purpose of aggregating and automating all the data gathering and calculations of its various analytic systems like Hadoop and Storm into one common framework.

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Marketing Section: How Unilever is reconfiguring its marketing

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The marketing world has been changed by disruptive digital capabilities for audience interaction, targeting and tracking, prompting brands such as Unilever to adjust their teams and their marketing goals. The big shift for Unilever will be to move away from marketing to people to marketing for people, according to Chief Marketing Officer Keith Weed.

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HR Section: How to learn to be a better listener

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Listening well is a vital skill for any leader, and it’s fortunately one that can be taught and learned, writes John Keyser. Basic practices such as making eye contact, giving affirmations during conversations and taking notes can make you a stronger listener

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Banking Section: Meet Tesco’s new bank manager: but he won’t grill you at the branch

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Benny Higgins runs a bank without branches. The boss of Tesco Bank reckons they are a thing of the past. Customers are turning to digital channels to handle their personal finances. So the current account that Tesco Bank finally launched last week – more than three years after first raising the idea – can be opened over the internet or, if necessary, via a chat with one of its call centres.

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