• Make Your Business Smarter with IBM Watson Studio

    A smart business is one that runs on the numbers. Today, open communication means more access to customers and competition than ever. Even small companies have world-wide customer lists, in part due to the increasingly streamlined logistics companies that help with shipping. In a business world of static customers and increasing competition, staying ahead of the curve often means staying on the leading edge of technology. Smart businesses leverage technology for direct gains, and that all comes down to the data. Efficiency improvements, trend tracking, smooth workflows and dozens of other [...]

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    Incorporating Analytics in Your Organisation: 9 Use Cases

    Descriptive, diagnostic, predictive and prescriptive analytics can each provide insights into the business and as such improve and optimise your performance and increase your competitive advantage. Descriptive and diagnostic analytics enable organisations to learn, sense, filter, shape and calibrate opportunities by providing insights as to what has happened in their environment. This will allow your organisation to better sense opportunities than the competition. Predictive analytics can improve your decision-making across your organisation to help you understand which opportunities are best [...]

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    How to Improve the Customer Experience with the Intelligent Enterprise?

    If you take care of your customers, your customers will take care of your shareholders. It is that simple. To create value for your shareholders, you should focus on your customers. Offering your most important stakeholder what they need, when they need it. Unfortunately, many organisations fail to recognise the customer as their most important stakeholder. Thereby threatening the success of the organisation. There are multiple reasons why organisations fail to take care of their customers. One reason could be because the organisation is more focused on cost reduction instead of service [...]

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    What is Prescriptive Analytics and Why Should You Care

    There is more data than ever in the world and in the coming years, it will only increase exponentially. However, just collecting data is not enough if you wish to become a data-driven business. For that, you need to analyse the data to gain insights, and as you are probably aware, there are multiple ways to do so, each increasing in complexity and the value they create: descriptive analytics, diagnostic analytics, predictive analytics and prescriptive analytics. Descriptive and diagnostic analytics is similar to business intelligence; it helps you understand what happened in the past, from [...]

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    Why We Should Embrace Technology to Change Globalisation

    We live in a world where increasingly globalisation is under threat. The biggest threat comes from trade wars, started by Mr Trump, that could significantly harm the world economy. This week, the International Monetary Fund warned that Trump’s trade war could cost the global economy $430 billion in 2020. As the IMF’s report states, all countries will suffer, but the USA the most. Trade wars also affect the oil prices, which went down more than 4%. Trade wars are bad for the global economy as, in the interconnected world that we live in, it will affect everyone; from small business to large[...]

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    Thanks to Emerging Technologies, the Future Will Never Be Slow Again

    The fast-changing, uncertain and ambiguous environments that organisations operate in today, require organisations to re-think all their internal business processes and customer touch points. In addition, due to the availability of Emerging Information Technologies such as big data analytics, blockchain and artificial intelligence, it has become easier for startups to compete with existing organisations. Often these startups are more flexible and agile than Fortune 1000 companies, and they can become a significant threat if not paid attention to. Therefore, focusing purely on the day-to-day [...]

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    AI is Like Lego; Why You Should Hire a Chief AI Now

    Artificial Intelligence is like Lego; to build something nice, you need to combine the right pieces in the right way. Most of us have played with Lego when we were small. I did at least and I absolutely loved it. I can remember the days when my friends and I were playing with Lego for hours on end, constantly creating new structures and building complete cities. We loved it and I am sure it stimulated my creativity. Even adults still play with Lego, often in group exercises to get some creativity flowing. Lego is a wonderful product and I thank Ole Kirk Christiansen for inventing it. [...]

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    Why the Organisation of the Tomorrow is a Data Organisation

    The fast-changing, uncertain and ambiguous environments that organisations operate in today, requires organisations to re-think all their internal business processes and customer touch points. In addition, due to the availability of emerging (information) technologies such as big data, blockchain and artificial intelligence, it has become easier for startups to compete with existing organisations. Often these startups are more flexible and agile than Fortune 1000 companies and they can become a significant threat if not paid attention to. Therefore, focusing purely on the day-to-day operation [...]

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    How Big Data Enables Developing An Open Strategy

    Open strategy is the decentralisation of strategy formulation across, previously excluded, internal and external stakeholders. Traditionally, companies focused on control and ownership of an organisation’s assets to ensure competitive advantage. However, this focus on control of resources is no longer the key to success. In today’s data-driven societies, knowledge, i.e. data, is widespread and easily accessible and organisations are increasingly turning into data companies. Access to this knowledge can fuel innovation, especially when it is used to embrace external ideas and data and when [...]

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    The Top 7 Technology Trends for 2018

    It is that time of the year again and 2017 is over before we knew it. The Year of Intelligence brought us a lot of progress and change; from over-hyped ICO’s to algorithms that created secret languages. As every year since 2012, I provide you with seven of the most important technology trends for 2018 to help you, and your business, prepare for the next year. One thing that we can state is that we are on our way to enter the 4th Industrial Revolution. Many of the technologies that have been promised for decades are constantly improving and are now reaching a point of maturity. Once that [...]

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