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Sagence is a firm for the intellectually curious. Below you can browse a selection of case studies, blogs, and point-of-view papers. To refine your search, simply apply a filter.

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Why Your Security Framework Can Make or Break Your CLM Strategy

The notion of Contract Lifecycle Management (CLM) is not a new concept; memorialized contracts are at the basis of nearly every significant event or obligation. From the Hollywood actor whose movie contract declares the specific number of films to appear in, or the exchange-traded wheat futures contract which states the amount and grade of wheat…

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4 Ways NLP Accelerates Contract Data Extraction

Accurate and targeted extraction of data from completed contracts is one of the main aims of any Contract Lifecycle Management platform. Unfortunately many current solutions, including Optical Character Recognition (OCR) and manual input screens require complex initial configuration as well as many resources devoted to data entry, review and/or correction. Natural Language Processing (NLP) is a technique…

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5 Signs Your Firm Needs to Invest in Contract Lifecycle Management

Within the past decade, focus on contract lifecycle management has become increasingly important. Due to the advent of complex financial instruments with a high dependency on nuanced financial and legal terms, many legacy contract structures run the risk of unenforceability. While firms pay considerable attention to negotiating the best terms in legal contracts, they must…

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The “New” Enterprise Data Architecture

Having an Enterprise Data Architecture that supplies sets of data quickly and securely to analysts is the key to unlocking insights for the Enterprise. Download our POV below. On May 14, 2009, the European Space Agency launched the Planck spacecraft. Its mission was to map cosmic microwave radiation background. This map demonstrated how each minuscule…

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What is the Big Data Gold Rush All About?

An article by Consulting Magazine, “Big Data’s Gold Rush,” examines the massive potential opportunity for both consulting firms and clients related to Big Data. But what does the Big Data opportunity really mean? What are the real obstacles for your firm? How should you approach the Big Data problem? TAKING ADVANTAGE OF THE OPPORTUNITY Many of…

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How Taxonomies & Ontologies Help Maximize Data Assets

An article by Thomas H. Davenport posted in the Wall Street Journal: CIO Journal, “It’s Way Too Late Not to Know Where Your Data Is,” examines several crucial steps companies must take to gain control of their data. As explained by Davenport, many corporations have similar fears about their data models: What is the state…

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Sagence Enterprise Data Warehouse Case Study

3 Tips: Spend More Time Analyzing, Not Organizing, Data

Companies spend 80% of their time preparing data for analysis. Let’s explore how Sagence helped a large pharmacy healthcare provider significantly reduce data preparation time, enabling the company to spend more time on data analysis and ultimately realize returns on its data investments. One of our clients, a large pharmacy healthcare provider with integrated offerings across…

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Sagence

How Data Preparation Solves the 80% Problem with Data

Data preparation is essential to any data project. But what are the key elements to ensure clean, accessible, and secure data? Sagence's services give companies the insights and actions that ensure ROI.

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What Every Business Person Needs to Know about Text Analytics

Meta Brown, author of Data Mining for Dummies, was our guest speaker at last week’s Big Data and Analytics Roundtable, jointly hosted by Sagence and the Chicago Booth Alumni group. We had a lively discussion on the following topics: Identifying the goal of text analytics: derive structure from your unstructured data Familiarizing yourself with text…

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It’s Not Just About Big Data

Imagine if you had an asset — for example, intellectual property — that was abundant, growing exponentially, proprietary, and could quickly be used to increase revenue and improve profitability. What would you do to exploit it? How would you organize to ensure maximum value? What investments would you make to systematically acquire, develop, manage, renew,…

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For CRM success, don’t do data mining; farm your data instead

High-performance data analytics has moved well beyond one-off data mining. It is now a key part of continual improvement processes. At the most mature companies, Customer Relationship Management (CRM) resembles agriculture in the cultivation and improvement of tested best practices. This article looks at what 20th century advances in analytic-driven agriculture, and the resulting explosion…

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Applying Natural Language Processing (NLP) towards unstructured data extraction

In our previous blog, “Fitting a square peg in a round hole – managing unstructured data,” we pointed out the need for a more non-traditional way of managing unstructured data (mainly, text-based data). In this blog, we are going to look at Natural Language Processing (NLP) as a viable “non-traditional” technique on handling large volumes…

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