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Smarter Risk Analytics

Luke Wajsbrem |   | Tags:  bao analytics luke_wajsbrem
3 Comments  |  1,703 Visits

History is littered with wars and other foreseeable disasters that could have been avoided. In the wake of the 1 year anniversary of the Fukushima nuclear disaster, it’s timely to think about a goal set by the Japanese Nuclear Commission in 2003. They set their goal relating to the probability ... Read more

   
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Analytics: The real-world use of Big Data

Simon Crisp |   | Tags:  simon_crisp smarter_analytics analytics big_data bao
0 Comments  |  1,426 Visits

An organisation protecting themselves against insurance fraud, determining the optimal placement for a multimillion dollar wind turbine, and a supermarket’s ability to schedule price reductions to sell perishable products before they spoil. How are these situations connected? The answer lies in transforming big data into analytical insight. In today’s globally integrated economy, ... Read more

   
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Becoming an information-led organisation – Financial Services Part 2/2

Amit Bansal |   | Tags:  banking financial_services analytics amit_bansal business_analytics bao
0 Comments  |  1,365 Visits

Earlier in the week I discussed the need for financial services institutions to transform themselves into information-led organisations (Click here to read last week’s blog). I followed this by discussing two of the four key imperatives for consideration when making this transition. In this blog I will go into detail ... Read more

   
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Collaboration between the CIO and CMO essential

Steve Bingham |   | Tags:  business_analytics steve_bingham analytics cmo_cio big_data bao
0 Comments  |  1,249 Visits

Many analysts and industry experts are predicting that the CMO will spend more on technology than the CIO by 2017 (Gartner 2012).  So what has caused this shift and why is technology proving to be essential to the future success of the CMO? There are a number of reasons and ... Read more

   
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Analytics and the 2011 IBM CIO Study

Matt English |   | Tags:  matt_english cio bao cio_study analytics
0 Comments  |  978 Visits

The 2011 IBM Chief Information Officer study, The Essential CIO, analysed research from more than 3000 CIOs in 71 countries.  It concluded there were four defined mandates for CIOs in the current business environment. These underscored the different positions CIOs and their organisations take in their quest for growth, efficiency, ... Read more

   
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The Power of Customer Insights

Dean King |   | Tags:  csp bao analytics dean_king telco telecommunications
0 Comments  |  899 Visits

 Like most industries, Communication services providers (CSP’s) have seen significant changes in the business landscape over the past 5-10 years. Changes have come in the form of increased competition, new technologies, exponential data growth, new products, changing customer preferences just to name a few. With so many challenges how can ... Read more

   
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Business Analytics and Optimisation for Natural Resources

David Nugent |   | Tags:  analytics david_nugent bao natural_resources
0 Comments  |  808 Visits

Australia’s resources industry is booming and subsequently, investment in mining and associated infrastructure dwarfs other nationwide building projects, as surging profits from strong commodity prices make such projects more attractive to investors. While this is good news for Australia’s economy, the industry must question its capacity to keep meeting the ... Read more

   
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Analytics; The New Path to Value

Graham Kittle |   | Tags:  graham_kittle new_path_to_value analytics bao
1 Comments  |  770 Visits

Although many have tried, calculating the exact quantity of data in the world is a challenging task. In 2007, the New York Times suggested there were approximately 161 billion gigabytes of digital data in the world, while earlier this year IDC and Computerworld suggested this number was in fact closer ... Read more

   
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The Power of Analytics for the Public Sector

Joana Valente |   | Tags:  reduction government joana_valente optimisation public analytics bao
0 Comments  |  714 Visits

Public-service agencies in Australia and New Zealand are operating in changing financial, policy and social environments as leaders are facing increasing challenges to do more with less. In this post recession era, citizens are demanding increased levels of accountability and higher levels of cost efficiency with public funds. For 2011, ... Read more

   
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Business Analytics and Optimisation in Financial Services

Darran Newton |   | Tags:  darran_newton bao financial_services analytics
0 Comments  |  673 Visits

Thankfully, our local banks were not significantly affected throughout the global financial crisis, however they still face significant threats. Heavily reliant upon interest generated income, market conditions have the potential to erode our banks stability. In an effort to combat this, many institutions in mature markets are driving revenues through ... Read more

   
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Business Analytics and Optimisation in Telecommunications

Dean King |   | Tags:  customer_experience bao dean_king analytics telecommunications
0 Comments  |  661 Visits

As both Graham and Simon have echoed in their previous posts, there has been massive growth in the volume and the types of data being generated globally, with the telecommunications industry being no exception. Forecasts for the industry suggest further exponential growth in data volume – up to 44x in ... Read more

   
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Analytics – The New Path to Value - Part II

Simon Crisp |   | Tags:  new_path_to_value simon_crisp bao analytics
0 Comments  |  657 Visits

As Graham Kittle revealed in his previous post, the labours of modern business have resulted in the production of more digital data than has ever existed before. This trend is not likely to subside, with organisations becoming increasingly data hungry and collecting far more data than many have the capacity ... Read more

   
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