There are times when ‘wait and see’ is the ideal strategy. Research shows, for instance, that some forms of prostate cancer are so benign that doing nothing except monitor is genuinely the best way to avoid harm. But with IFRS 4 Phase II, on accounting for insurance contracts, it is
“It is a truth universally acknowledged…” that credit risk assessment is not always either accurate or fair. Indeed, some would say that was putting it mildly, for those with little or no credit history they likely to be badly served by the current market. One way in which it has
Cognitive computing is effectively the development of ‘computer as brain’. Cognitive computing systems can handle complex, ambiguous situations, looking for ‘best’ rather than ‘right’ answers. In preparation for sessions at Analytics Experience in Rome, I caught up with Sue Feldman, co-founder of the Cognitive Computing Consortium, for a preview. How does cognitive
If you are a business manager in a European company that holds personal customer data, or one that holds data on European customers, it’s time to start sitting up and taking notice. GDPR is here, and you really can’t afford to ignore it any longer. GDPR—or General Data Protection Regulation,
The world around us is changing - and it is changing fast. In 1958, Companies lasted on average 61 years. In 2012, companies' lifespans average only 18! Because of digitalization impacting almost every part of our lives, these changes are also happening at an exponential rate. At the Wednesday Relations Loyalty
Tingenes Internett forventes å bli en del av hverdagen innen 2020. Det kan lønne seg å hive seg på toget allerede nå. Frem til nå har Tingenes Internett, eller Internet of Things (IoT) som det kalles på engelsk, vært relativt nytt og uprøvd i mange sektorer. Flere selskaper er likevel
Utsagnet maskinlæring konkurrerer ut klassisk analyse, vil kanskje få deg til å stusse. Men, vi har i senere tid krysset noen broer som i mange år har begrenset praktisk bruk av maskinlæring. Data Scientist-rollen blir svært viktig for at virksomhetene skal lykkes. Det er denne rollen som sammen med forretningsanalytikere
Budgets, and the importance of balancing the books, are an ever-present issue in healthcare. With costs rising around the world, and budgets limited whether in insurance- or state-funded systems, care providers are under increased pressure to manage costs effectively. Big data analytics may just provide the means that they have
A blog about how analytics affects the culture of architecture, ethics and values. This little sticker was put on my screen as a farewell salute by a now former colleague on her last day in the office. Most organisations talk about how to build strong cultures or change the current
Data Scientist ..? Vad är det och vad har analys av data att göra med hockey..? Låt oss spola tillbaka bandet cirka 1,5 år. I april 2015 skrev jag det här blogginlägget om att nästa generations analys av hockeydata är här. Den så kallade "avancerade statistiken" eller ”Hockeyanalysen 2.0” som
