Leveraging data for insights into everything from internal business operations to the customer journey. Worldwide spending on big data and business analytics (BDA) solutions is forecast to reach US$215.7 billion this year, an increase of 10.1 per cent over 2020, according to a new update to the Worldwide Big Data and…
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Optimize data and analytics value
Better business decisions happen when business, data and analytics, and other IT leaders work together. Data and analytics is a business function that fuels digital acceleration. However most organizations don’t have a systematic way to assess, optimize and articulate data and analytics value. Rita Sallam distinguished VP analyst at Gartner, believes…
Read MoreQueensland Treasury Corporation overhauls data and cloud
Striving for operational excellence and mitigating risk by eliminating inefficiencies. As the central financing authority for the Queensland Government, QTC provides financial resources and services for the State. In the last financial year, it delivered A$300 million worth of returns for Government stakeholders and achieved a record A$20.5 billion issuance…
Read MoreTurning garbage into data gold
Weaving data and analytics alchemy. Every time a Cleanaway truck picks up a waste bin, it also picks up data, lots of data – and it’s that information that is the key to efficiency, service reliability and profits. For Cleanaway it’s a case of turning garbage into gold. ASX-listed Cleanaway…
Read MoreOrganisations shift focus from big to small and wide data by 2025
New data and analytics techniques. By 2025, 70 per cent of organisations will shift their focus from big to small and wide data, providing more context for analytics and making artificial intelligence (AI) less data hungry. Disruptions such as the COVID-19 pandemic is causing historical data that reflects past conditions to…
Read MoreA/NZ software market ramps up digital drive
Software Spend Resilient to COVID-19. The software spending for Australia and New Zealand (A/NZ) reached US$13 billion, up 7 per cent from 2019. In the second half of 2020, the A/NZ software market had a strong rebound, growing by 12 per cent YoY, compared to 3 per cent growth in…
Read MoreTop 10 data and analytics technology trends for 2021
Trends can help organisations respond to chance, uncertainty, and opportunities. The speed of the disruption caused by COVID-19 has forced data and analytics leaders to have tools and processes in place to identify key technology trends and prioritise those with the biggest potential impact on their competitive advantage. Rita Sallam…
Read MoreThree actions for successful data and analytics
D&A can help with tasks such as enabling business model transformation, optimising resource allocation. To extend the influence of data analytics in a continually changing world, data and analytics (D&A) leaders must focus on finding agents of change within their organisations, building adaptive systems, and re-engineering the way decisions are made, according…
Read MoreStandard Chartered unifies investment managment platform
Adding value for asset managers and asset owners by providing access to real-time data. Standard Chartered will use BlackRock’s Aladdin platform to offer integrated front-to-back-office investment management solutions to mutual clients across Asia, Africa, and the Middle East. This will complement Standard Chartered’s existing product offerings. It will also add…
Read MoreTop 10 data and analytics technology trends for 2021
Trends that can help organisations respond to change, uncertainty and opportunities. The speed at which the COVID-19 pandemic disrupted organisations has forced data and analytics (D&A) leaders to have tools and processes in place to identify key technology trends and prioritize those with the biggest potential impact on their competitive…
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