4 ways big data helps airline operations run smoothly

4 ways big data helps airline operations run smoothly

When you’re waiting for your plane to board, the last thing you want to hear is that your flight has been delayed or cancelled, leaving you stranded at the gate. Even if your flight takes off on time, you wait anxiously at the baggage carousel, crossing you fingers that your bag has arrived. Fortunately, those worries are mostly becoming a …

Australia finally has mandatory data breach nofitication

Australia finally has mandatory data breach nofitication

Australia will have a mandatory data breach notification scheme in place within the year after several aborted attempts, following the passage of legislation through the senate today. The Labor and Liberal parties today united to pass the government’s Privacy Amendment (Notifiable Data Breaches) Bill 2016 into law. The passage came despite a last-ditch attempt by the Greens to make changes to …

The ROI of a Modern Data Strategy

The ROI of a Modern Data Strategy

You finally have top management on board to get started on your company’s data transformation, but now comes the hard part. You know that you need a solid data strategy to guide your efforts, but other managers at your company would rather focus investment on building things, investigating questions in the data, you know—things that have a much more visible …

5 key attributes of effective data monetization strategy

5 key attributes of effective data monetization strategy

In cognitive computing era, new revenue generation stream has emerged with data at center of the modern digital business model. One of the key capabilities cognitive computing enables for an organization is the ability to generate additional revenue streams by using data effectively. In the big data world we call it data monetization. The internal data monetization has already done …

EU’s General Data Protection Regulation unknown to most UK adults

EU’s General Data Protection Regulation unknown to most UK adults

Six in 10 UK adults have never heard of the European Union’s General Data Protection Regulation (GDPR) that will form the basis of coming UK data protection law, a survey has revealed. The survey of 2,000 UK adults was commissioned by cloud security firm Netskope to get a snapshot of current understanding of the GDPR among adults of working age, and …

How to Capture More Value from Big Data and Analytics

How to Capture More Value from Big Data and Analytics

Big data is here and in a big way. According to IDC, big data and analytics sales are forecasted to reach $187 billion by 2019, a whopping 50 percent increase over the last forecast period. But despite those numbers, the real story is that companies are missing out on the big and analytics trend, even if most of those companies …

SAP shows the world how digital transformation is done

SAP shows the world how digital transformation is done

While many traditional tech giants have been struggling to come to terms with the connected economy, SAP’s latest earnings indicate it is adapting well to the world of cloud computing, writes Telecoms.com (Banking Technology‘s sister publication). Admittedly progress is being made elsewhere, though when you look at companies like IBM or Intel or Oracle, these are all monsters of the …

Why Data Integration is the Future of Marketing

Why Data Integration is the Future of Marketing

Marketers are already working with a daunting amount of data, but it’s only just the beginning. IDC estimates that, by 2020, the digital universe will reach 44 zettabytes, making the life of marketing professionals even more complicated. There are a number of factors fueling this data influx. One is that information is more easily accessible due to the rise of …

What's a CFO's Biggest Fear

What’s a CFO’s Biggest Fear, and How can Machine Learning help?

It’s 5:05pm EST. Bob, CFO of ABC Inc is about to get on an earnings call after just reporting a 20% miss on earnings due to slower revenue growth than forecasted. Company ABC’s stock price is plummeting, down 25% in extended hour trading. The board is furious and investors demand answers on the discrepancies. Inaccurate revenue forecast remains one of …

Predictive analytics: the next media disruption tool

Predictive analytics: the next media disruption tool

Yeah, sure — Big Data. We get it, right? We all know the digital age is producing huge amounts of data about consumers and their behaviour. And, sure, we know that anybody who’s in the marketing and advertising business — like local media companies — needs to get good at it. Right? Not that we’ve quite learned how to do …