Want to know how much the Target and Home Depot cyberattacks cost those companies? According to Forbes, the price tag for data breach expenses ran $146 million for Target and is estimated at $62 million for Home Depot. Even financial institutions, once thought better protected, are reporting massive security breaches,
Today’s self-parking cars are a marvel, but that’s nothing compared to what’s just around the corner: Autonomous vehicles that can taxi you efficiently around a city, onboard navigation systems that warn of bad drivers or traffic jams nearby and offer safer, quicker alternative routes; trucks that haul commerce safely and
What if you could rank where you stand versus your industry peers when it comes to how effectively you're making use of your data through analytics? Now you can. Jim Davis, Senior Vice President and Chief Marketing Officer at SAS, outlined an eight-metric test at today’s Premier Business Leadership Series
According to entrepreneur Gilad Elbaz, “The world is one big data problem.” And as a big data researcher and writer, Andrew McAfee is staking his career on it. McAfee spoke to a crowd of business and industry executives at The Premier Business Leadership Series in Orlando, FL, to put the topic
Developing long-term, trusted business relationships doesn’t just happen. At the most senior levels, business takes place face-to-face. It’s about making true connections, sharing ideas, and connecting with the right people. The Premier Business Leadership Series (PBLS) offers just such an opportunity, a chance for business executives to build connections with
If, like me, you have children who are old enough to vote, you may have noticed what I have noticed. They’re different. They seem permanently connected to their friends via social media, rarely watch the news or read a paper, and they have many transient interests that seem to follow
Malcolm Gladwell, writer for The New Yorker and the best-selling author of Blink and The Tipping Point, delivered an excellent closing speech at the Premier Business Leadership Series in Amsterdam, with his cautionary tale on the possible effects of having "perfect information." The bestselling author talked about the dangers of expert failure, and the
"Big data" is a big deal for electric utilities. In a smart power grid, when you turn on the lights, you're generating data. When your neighbor plugs in his electric vehicle, he's generating data. When a heat wave causes retailers to crank up the air conditioning, they're generating data. All
In Amsterdam, harnessing the power of the (data) tide With more than 100 km of canals and 1,500 bridges, dikes and dams, Amsterdam has long been in tune with the tides. Today, as an economic tide tugs at Europe and many regions, organizations are coping with a flood of data
When SAS CEO Jim Goodnight talks about the development of SAS High-Performance Analytics, he always starts with the customer. After all, it was banking customer UOB in Singapore that first approached Goodnight three years ago about reducing the time it took to calculate risk factors on the bank's full portfolio.
In a recent blog post, I discussed how I enjoy working with the education industry because they are so eager and willing to help. While that post dealt with K-12, this one discusses higher education, specifically the University of Texas System and their public dashboard. If you are interested in
What do SAS technology partners think about the “big data” craze? Is it real or hype? And if it's real, what skills do you need to embrace big data opportunities? At our upcoming events, Analytics 2012 and The Premier Business Leadership Series, you’ll get the opportunity to ask these questions of our partners in
In 27 years at SAS, Keith Collins says his whole career has been about scaling to the enterprise. He wonders, "Why now do we call it big data? What will the next generation call it? Bigger data?" Keith led a panel of business leaders at the Premier Business Leadership Series
When you Google “big data,” you get big data about big data. We are living in the age of information overload, which creates many challenges, including big data, information silos and integration issues. It was my great pleasure to introduce a panel of experts at The Premier Business Leadership Series
The Premier Business Leadership Series in Orlando was the backdrop for a number of news announcements from SAS. Here's a rundown: 1. Big Data research A new survey has found that organizations with formal data management strategies derive more value from data assets and outperform competitors. The survey, Big Data:
We few, we happy few, we band of brothers; For he to-day that sheds his blood with me Shall be my brother; … These lines are from the famous St. Crispin’s Day speech of Shakespeare’s historical play Henry V. King Henry V of England motivated his troops before the Battle
Dr. Yachen Lin, Chief Risk Officer of China Guangfa Bank Credit Card Center (CGB), was interviewed while at the 2011 Premier Business Leadership Series in Singapore. He discussed the analytics culture at CGB - explaining how CGB uses analytics to know its customers and manage risk. There are only 14
I had the pleasure to be the host of the Risk and Finance Insight Session on the second day of The Premier Business Leadership Series, where we discussed the subject of enterprise risk management and financial stewardship. With global, political and financial upheaval becoming the norm (and during the conference
Organizations have become good at finding answers to questions. Where they need to improve is in asking the right questions, according to Dries Van Nieuwenhuyse, General Manager Performance Management USG People Interservices NV. “IT people tend to be applied scientists whose job is to answer specific questions but in analytics,
The Premier Business Leadership Series focused largely – and rightly – on the business benefits of analytics. But driving those benefits requires a serious analysis of the business environment and what is going to deliver most value to the organization. Looking at what was done in the past won’t cut
At the Insight Session on Business Performance, Processes and Systems, George Ioannou, Professor of Operations Management at Athens University of Economics and Business said truth resides in data. But finding that data is like trying to find a pirates’ treasure buried on a desert island. It takes more than
Shailendra Ghorpade of MetLife, Daniel Hamilton of Johns Hopkins University and Penelope Naas of Citi are all committed Atlanticists: but they all see some issues ahead, especially for Europe, and according to Daniel the window of opportunity for putting things right is a small one. In the AmCham EU panel
In his new book, Physics of the Future: How Science Will Shape Human Destiny and Our Daily Lives by the Year 2100, world renowned theoretical physicist and futurologist Michio Kaku shared his view, and those of 300 other global top scientists, about what is in store for the rest of
Jim Davis, CMO at SAS reckons he has seen more change in business and economics in the past two or three years than in the previous 20. “To succeed in business you have to innovate, you have to do brand new things. Only problem is, that brings risks,” Jim said
To re-use an old phrase: “May you live in interesting times.” And we certainly do. Today, Fareed Zakaria addressed these interesting times in his keynote address at The Premier Business Leadership Series, titled "A Roadmap Out of the Economic Crisis." Asked, “Which one of the following economic regions do you
A panel of risk experts gave their reaction to the publication of the fifth global risk management survey report undertaken by SAS and the Economist Intelligence Unit. The report suggests that while lessons have been learned, some institutions may be sliding into complacency. At any rate, risk appetites are growing
Last year Jim Goodnight shared the stage with Bill Green (the then CEO of Accenture) and talked about what it takes to build an analytical organization. This year Dr. Goodnight was with Pierre Nanterme, the current CEO of Accenture and they talked about what it means to lead an analytical
One of the astonishing benefits of my job is getting to travel to beautiful places around the world to meet with customers and prospective customers at The Premier Business Leadership Series conferences. This year is no exception, the historical city of Antwerp as our backdrop, where hundreds have gathered to
More than 30 Premier Business Leadership Series attendees gathered for a roundtable discussion of social media in retail. "Is Your Company Antisocial? How to Effectively Engage Consumers Through Social Media and Mobility," was hosted by Michelle Thomas, Senior Brand Marketing Manager at Zappos. She was joined by Lori Schafer and
When Chris Brogan started his social media marketing agency New Marketing Labs, he stated that he would only work with Fortune 100 companies. He had no clients at the time, but lo and behold, Fortune 100 companies came calling. Now the agency’s client list includes Sony, Microsoft, PepsiCo, all of
