The digital revolution requires an ever-increasing number of repetitive and targeted decisions. The digital revolution is faster and more comprehensive than the Industrial Revolution at the beginning of the last century. It requires less capital, and focuses on intellectual and digital innovation, which is affordable to many. The innovations produced
The fight against fraud has to be at all levels, and use all possible means available to the organization. However, it is important to distinguish between political, organizational and technical means. Persuading states to organize themselves better to facilitate exchange of information between administrations can be decisive, even with the
Using advanced analytics to pinpoint dead stock can reduce your inventory levels dramatically. How big a portion of your stock is dead. Naturally you’re now thinking about the products or (Stock Keeping Units, SKUs, as they are called in the inventories), which for some reason started to move slowly and
SFCR, or the Solvency and Financial Condition Report, is the final part of the Solvency II: the public reporting of information. The publication of these reports, and their accompanying public Quantitative Reporting Templates (QRTs), is a big issue for companies. In particular, companies have to decide what they are going
A self-driving car made headlines last summer when its human ‘driver’ was killed in an accident. Both car and driver had failed to spot a lorry across the road ahead, because the whiteness of the truck was too similar to the sky. A mistake, by both driver and car, but with
January 28th was international Data Protection Day and, it (nearly) seems like the week after that, the tougher EU regulation will go into effect. At least that’s the impression you can get when you talk to data protection experts or catch sight of their efforts to cope with the EU’s
At a recent customer meeting, the top manager predicted that in the coming months, the most important IT projects will be the "small speed boats". He is the CIO of one of the five largest insurers in Germany, and he was talking about agile projects with agile teams. The prerequisite
Marketing is changing. But then, it needed to. Customers are no longer satisfied with bog-standard treatment, and companies are trying, at least to some extent, to react to this. For most of them, however, much more work is needed. Customer-centricity is the stated goal of most marketers, to handle the
We like to think about risk management as a specialist domain. Indeed, at SAS, we have a dedicated team that works with risk officers to exploit analytics for risk mitigation. But from my vantage across analytics platforms, analytics to support risk management has seen fascinating changes. The way that we think
“Here comes Chicago. 17 seconds, 17 seconds from Game 7 or from Championship number 6. Jordan open. Chicago with the lead”. These words from a TV commentary describe Michael Jordan 's crucial shot in game 6 of the NBA Finals 1997/98 between the Chicago Bulls and Utah Jazz, which probably
