The key to sustaining a healthy and globally competitive manufacturing sector is making better use of data and analytics, according to an article on the Center for Data Innovation website. This so-called “smart manufacturing” could create $371 billion in net global value over the next four years, according to a 2014 estimate… Read More →
When it comes to innovation, people often think of ground-breaking innovation like Post-It Notes and laser surgery. But most companies would welcome a series of small innovations that deliver measurable impact on operations or business performance over time. Case in point: To help keep excitement and demand high for Beanie Babies in… Read More →
In today’s hyper-competitive global economy, it’s becoming increasingly difficult for companies to differentiate themselves by price or product. However, one distinction that every company has to its advantage is unique information about its customers that it’s able to act on.
As the volume and variety of data and date sources have grown, so has the potential for companies to step up their compliance and anti-fraud efforts, according to the Ernst & Young Global Forensic Data Analytics Survey. While some companies may be exploiting the full power of big data for forensic… Read More →
As the global economy continues to gain strength, corporate CFOs are expressing rising optimism in their outlooks for profits and the general economy. This renewed confidence among CFOs is spurring a growing number of finance chiefs to increase their risk appetites for spending on new hires and capital investments, according… Read More →
A number of recent research studies reveal that consumer confidence in financial services continues to rise following the fallout from the financial crisis of 2008. In fact, global consumer trust in banks has risen 4 percent since 2009 to 51 percent, according to the 2014 Edelman Trust Barometer. Additionally, a… Read More →
Countries across the globe are struggling with sagging infrastructure (roads, bridges, railways, wastewater systems, etc.) that are in dire need of upgrades and replacement. But as global and regional economies attempt to regain their financial footing and governments are strained by rising deficits, many countries, provinces, and municipalities are having… Read More →
One of the greatest challenges facing humanitarian organizations and non-profits is the lack of data-related resources available to tackle pressing societal challenges such as public health crises, homelessness and human trafficking.
Big data offers companies a number of useful benefits, including opportunities for decision makers to gain deep insights about customers and market opportunities. When used effectively with analytics tools, big data can also help business leaders identify and stem emerging issues (e.g., a developing bottleneck in a company’s supply chain) – even… Read More →
By Steve Farr, Oil & Gas Industry Expert Everyone in our industry attends functions, conventions, and shows that hint at the future of data analytics. Sure, we go to shows, but let’s be honest: who really remembers every detail of every presentation, 12 months earlier on a particular day?