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Executive Summary: Global Economic Crime Survey

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How can the financial services industry overcome its tendency toward technological conservatism to protect itself against increasingly sophisticated cyber criminals?

 

This story is an executive summary of PricewaterhouseCoopers’ 2014 Global Economic Crime Survey.

 

 

The Data Governance Challenge

HP20140508039 2.jpgAs enterprises begin to exploit their mountains of data to more precisely target markets, reduce risks, cut costs, or add value in other ways, they bump into the problem of data governance.Typically, information management is left up to individuals and individual business units.

 

To maximize value from analytics, you must instill order over data gathering and usage.

Big Data, Big Reality Check

bigdata.jpgWith the massive amounts of data being created by the minute, most existing business intelligence environments provide analytics and reporting, but can’t handle the volume and various formats of information streams coming from devices connected to the Internet of Things.

 

Don’t add to the complexity of a Big Data project. Specific goals and targets will help ensure success in managing and analysing large amounts of data.

Will the Data Scientist Shortage Hinder your Enterprise?

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You have data. And you know you should be using it to glean insights. Who do you turn to?

 

The U.S. alone faces a shortage of 140,000 to 190,000 professionals with analytical expertise. But don’t let that concern hinder you from getting the value you need. Take a look at this article for strategies that can prime your organization to succeed despite the lack of qualified personnel. 

Innovation in Shopping: A New Approach to the Retail Model

Check out.jpgA new strategy for today’s shopping environment requires holistic thinking about every part of the retail model. Retailers will have to adjust business operations, link disconnected databases, and select technical solutions carefully. Ultimately, transitioning to omni-channel will mean adopting a transaction platform that unifies point of sale (POS), e-commerce, and mobile commerce (m-commerce) along with inventory management, fulfillment, merchandising, and pricing.

 

Take a look at these 5 implications of an agile innovation process in retail strategy.

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