As more and more organisations embrace advanced analytics, we are starting to see several very successful implementations emerging, on both a small and large scale. At the same time, however, many organisations are not getting value from their expensive investments in analytics systems. And while failing may provide useful
The UK media has been reporting many stories about people suffering from the potentially life-threatening condition sepsis. It has been receiving publicity beyond just news recently. For example, there is currently a storyline in the UK soap opera Coronation Street on ITV where the young character Jack Webster has a
We have been introducing in my previous blog article the link between data governance and GDPR compliance, it is time to put more meat on the bone. In the context of GDPR, one of the main challenges for data controllers and data processors is to demonstrate compliance by documenting all
We have been talking about analytics platforms for some time, but it does feel a bit like the debate does not inspire the enthusiasm it deserves. A major SAS study on readiness for AI, carried out in spring 2017, found that only 12 percent of respondents felt that their analytics
Beyond the wow around artificial intelligence is the reality. If you don’t use AI to make actual business decisions, it’s probably a waste of time, effort and money! From recommendations for your playlist to the next-best offer to decisions about customer targeting and company strategy, we are all looking for
At the German SAS Forum, Sascha Schubert and I ran some hands-on sessions or workshops on data science and analytics. You might say that this was nothing new, but I noticed some changes from previous forums that I think may point towards wider changes in the analytical landscape. Here, then,
This is the second article in a three-part series on how to reduce uncertainty in the supply chain for lower costs. The first was about reducing uncertainty downstream.This article deals with reducing uncertainty within the company. There are several ways to define uncertainty. I like two angles on uncertainty (which are not
Twelve years ago, in 2006, Time magazine made an interesting move in deciding on its “Person of the Year.” Instead of one of the many eminent scientists, world leaders, or stars of stage and screen who had influenced the world that year, Time chose to recognise a social phenomenon. It
When I ask people what they think the Internet of Things (IoT) is all about, the vast majority will say “smart homes,” probably based on personal experience. If I say that it is also about industries making using of data from sensors, then most people’s immediate reaction is to think
It is a truth universally acknowledged – if not always acted upon – that advanced analytics, and AI in particular, need data. What’s more, it needs lots of data, and it needs to be relevant and of good quality. Companies with access to more data tend to perform better, which
