Internal audit departments are not often thought of as consumers of high impact analytics. But our recent experience suggests otherwise. Many are working on improving their procurement integrity and in these scenarios they want to detect — and stop — fraud, loss, abuse or waste in procurement. They also want
As we progress into 2018, the General Data Protection Regulation (GDPR) is looming on most organisations’ radar. The requirements are becoming clearer, but there is still some ambiguity about precisely what needs doing. There is, however, no question that algorithms are an area of concern, and in particular, whether their
Online payment fraud can be a challenging topic. It is not just the payment service provider that is responsible for creating a payment platform that is secure and tamper-proof. The payer, too, needs to be aware of the changing threat landscape and adjust actions and habits accordingly. Regulators have started
The concepts of digitization and digitalization in the public sector cover a whole range of activities around building an efficient economy based on data and services delivered through electronic channels. This economy is, above all, designed to be efficient and friendly for citizens.
During the last two years, I have been involved in quite a number of meetings and conferences about the EU’s General Data Protection Regulation (GDPR). My role has been to provide information about the regulation and its impact and what organisations need to do as a result. Known unknowns and
The importance of real-time engagement is rapidly growing in companies around the world. The vast majority of customers now want and expect personalised experiences, tailored to fit their preferences and habits. This type of personalisation is only possible, however, with really good real-time analytics to provide insights, and suitable systems
Students live and thrive in a community: the student body and its associations form a relatively tight-knit group that provides — or should provide — support and encouragement on an ongoing basis. For those away from home for the first time, this community can be a life-saver, almost literally in
With the rapid development of Artificial Intelligence (AI), more and more ethical and moral questions arise. One of the most common is the extent to which we want to automatically let algorithms make decisions. From Robo-Advisors to optimize our investments to self-driving cars, there are possibilities everywhere in modern analytics
It is estimated that that many companies now hold over 80% of their data in an unstructured form. In other words, not as numbers or code, but free text. This textual data arises from social media, customer comments, call center notes, books, emails, messages and the like, and holds enormous
Industry 4.0 has become a watchword for manufacturers, but I’m not sure the implications are clear to many. Hyperconnected customers are the fundamental premise of Industry 4.0 and they expect more than good quality. They expect their manufacturers to also behave like retailers and service providers. Real-time and predictive engagement
