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The Big data and analytics question is at the forefront of many business leaders thinking but it’s worth taking a step back and looking at some of the wider macro-economic trends. Since the post war era, UK productivity has risen steadily when averaged over the decades but dropped significantly following the 2008 financial crisis and is now only slowly reaching post crisis levels. In fact, the Office for National Statistics has stated that in the last quarter of 2017, productivity of British...
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Business decisions are increasingly being made based on data insight, but getting access to this data, traditionally owned by IT departments, can, at times, be quite difficult. As the requests from across the business start piling up with the ‘owners’ of the data, there has been an increased demand for ‘data democratisation’ – the ability for everyday employees to access data, and understand it, at any time without requiring support from data specialists. By Javier Campos, Experian.
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“We should be playing with two up front”, “We shouldn’t have subbed him off”, “I can’t believe they’ve left him on the bench”. Andre Doerr of Exasol writes.
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While most commonly associated with the manufacturing process, the term ‘supply chain’ is now frequently being applied to the management of data within financial services firms. In plain terms, a supply chain is a sequence of steps in which raw materials are gathered and ultimately turned into a finished product that is then delivered to the end customer. These processes remain the same for businesses across the financial services space; however, rather than the raw materials dealt with in...
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