Hidden Insights
Experience the possibilities with Business Analytics
In recent years, widespread use of sophisticated mathematical, statistical and deterministic models has allowed financial institutions to make strategic decisions with a new level of knowledge. At the same time, these models have led them towards additional needs: quantifying, measuring and managing model risk. On top of that, regulators have
In a previous blog, I wrote about the principle of “Progress, not perfection”, something I very much believe in and try to practice. This time I want to emphasize another principle which I believe can also be very powerful in business: “Disagree and Commit”. Credits to SAS leader Bob Messier
Organisations that are best at using analytics have moved on from simple process improvement to building new business models. The benefits are such that others are striving to join them. But the journey towards data-driven business models is not an easy one. A recent online discussion among SAS and partner
Why do you visit your local petrol station forecourt? Well, probably one reason is to buy fuel for your car, but there is no question that forecourts have changed. Twenty or thirty years ago, you would (more or less) only have been able to buy fuel, plus oil or bulbs
The world is already embarked on the so-called Fourth Industrial Revolution. This is likely to be hugely disruptive, and have a major impact on Society because it will change the way humans behave, are organized, and work, as well as the skills and competencies needed. It will also, however, have
The quote above is from Jason Handley, Director of Smart Grid Technology and Operations at Duke Energy. It says it all. Changing demands from customers and regulators requires utilities to think differently about every aspect of business – from what they offer to how they price and deliver it. Utilities