Data Analytics![SHOPPINGAP_STORY_-_VERTICAL_N16725275_929432[1]](http://www.dataanalytics.mobi/wp-content/uploads/2013/05/SHOPPINGAP_STORY_-_VERTICAL_N16725275_9294321.jpg)
Quantium, a company that started in data analysis a little after Data Analytics, has been bought by Woolworths to help the retail giant get more value from their customer data, both at the checkout and from their loyalty programs. Data Analytics can provide the same services to your company for a surprisingly low cost which, unlike what Dr Hamin says in the article, is actually quite affordable for SMEs.
New Scientist reviews the latest Big Data book released called “Big Data: A revolution that will transform how we live, work and think“. Although I believe that there are plenty of major business opportunities in this approach lately termed “Big Data”, I think some are overhyping and overdramatising its impacts on society in general. Data is still messy and patchy in many parts of the world. So, although there will be many clever exploitations, it is still opportunistic at the moment and, at least, will remain so in the near term. The all seeing Big Brother and all-powerful Marketing Analyst is certainly closer than thought possible just 10 years ago, but it is coming in an evolutionary rather than revolutionary pace.
The Queensland Government is launching its Open Data Initiative on the 3rd April in Brisbane. Its called “Open the Vault“. Open Data is a great initiative being pursued by major governments all around the world (see US here, UK here, UN here, EU here and Australia here) that presumes that government data is owned by the public because they paid for it. Therefore, with a nod to privacy and national security concerns, all government data by default should be freely available to the public to review, disseminate, analyse or use for their enterprise.
Data Analytics will be at Queensland’s Open the Vault event as will many of the other key players in the analytics space from around Australia and the world. Unfortunately tickets are currently sold out, but you can register for the possible release of new tickets or you can still enter a competition by putting in an idea for using Queensland Government Open Data in a beneficial manner. The competition closes at midnight tonight (24/03/2012) Qld time. If your idea is selected as a finalist you can attend and present at the conference and possibly even win a cash prize. Hopefully I’ll see some of you there.
Australia has long been blessed with an excellent Risk Management Framework (currently AS/NZS ISO 31000:2009). In fact, the International Standard Organisation’s own Enterprise Risk Management Framework Standard borrows heavily from it. However there are still some basic conceptual errors and difficulties that the process and framework neglect.
This article first published in 2011 outlines some critical feedback for the ISO31000 team (Jeff later contributed to the further development of the framework). It has been cited by several academic risk management publications since.
This article was first published by the International Personnel Management Association Assessment Council (https://www.ipacweb.org/ – now IPAC) in 1997. It was first published on www.dataanalytics.com in March, 1999. Much of the content is still relevant today.
This article was first published on dataanalytics.com in March, 1999. It includes tips on making effective KPIs for any domain. It also includes a number of recommended KPIs for an EEO function to prove its business impact objectively.
Just how old were Einstein, Newton, Picasso, Mozart and other geniuses when they made their groundbreaking discoveries? ..and what are the implications for creativity and innovation in your organisation?
The following article was published on dataanalytics.com in March, 1999. It has been cited by executives, consultants and academics around the world. It was originally published in PwC’s global magazine Re:Business in 1998. The insights in this article are even more relevant today.