It can be hard to get a handle on what artificial intelligence (AI) and machine learning (ML) will actually do. We all understand – in theory, at least – that they could change the way we live and work. In most cases and for most of us, however, the precise
By now it’s no secret that all kinds of organizations are using analytics to take on some of their biggest opportunities. But what about all the opportunities that have the potential to address important human issues that we have overlooked for one reason or another? Those are exactly the types
Redefining banking in a financial services market where your biggest competitor may be Amazon or Google, not a traditional bank. Open banking may not have made much of an impression on consumers yet. But it’s a topic that the industry cannot afford to ignore. Tier one UK banks are already
Analytics has an important role to play in supporting the police to keep our communities safe, and I believe the benefits can be far-reaching. In my previous three posts, I discussed the role analytics can play in policing, reviewed the required data and highlighted a police force that is currently
A long time ago, I was working on analytics in a bank, primarily in the area of risk. One project I worked on was about working out which products were profitable to help clean up the product portfolio. The project involved people from both risk and finance. As we worked
Speak to almost anyone about artificial intelligence, and you’ll likely be met with either a furrowed brow of concerned cynicism or a wide-eyed smile of enthusiasm. AI seems to have this kind of highly polarising effect, certainly on citizens and many organisations who are still, understandably, evaluating how AI will
From the boardroom to your living room, artificial intelligence (AI) is nearly everywhere today. Tipped as the most disruptive technology of all time, it has already transformed industries across the globe. And companies are racing to understand how to integrate it into their own business processes. AI is not a
What if, apart from the new organisation of production assets, the fourth industrial revolution also implies a significant evolution in the knowledge management intrinsic to each domain? What if new digital technologies allow the operational actors to simply access this knowledge, mostly derived from empirical methods, thanks to analytical methods and
Can government organisations really have it all? While day-to-day spending on functions including health, education and defence will rise in 2019 by 1.8%, 3.8% and 1% respectively, many other departments will experience sustained budget reductions into next year. These departments are battling to improve service quality, operational efficiency and
Business intelligence (BI) has been around for a long time in one form or another. It is, however, both becoming more important and changing as organisations see the benefits of data-driven decision making. Looking back and forwards In the early days of business intelligence, systems were expensive, complex and often
