Using Analytics to Build Value

Using Analytics

You can’t be in the contemporary world and be unaware of data: its volume, its importance, and its pitfalls. Whenever we download an app, or buy something online, or even just sign up to a newsletter, we are giving the business our personal data. That business then has the opportunity to leverage that data to its own benefit.

Take Google, for example. The powerhouse began as a simple search engine in the late 1990s, but has woven its way into knowing every aspect of our lives: job searching to dating, where we travel and what we buy. The data—to say nothing about the huge breach in privacy currently being investigated by the ACCC—held by Google is beyond anything we can possibly imagine.

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A cyber scam came knocking

Cyber

Recently, while dabbling on my personal laptop at home, I decided it was time to delete my spam folder. I clicked on the folder and waited for the emails to flood in. As well as just clearing for the sake of clearing it, I was looking for a specific email that I hadn’t yet received, despite the sender assuring me it had been sent.

And then I found something that made my heart leap outta my chest and my eyes pop wide.

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Australia’s 2020 Cyber Security Strategy

Cyber Safety

It seems commonplace to read about a cyberattack, or at least the threat of one, on our systems, products and services. With the increase in big data held by governments and businesses, and the upsurge in the internet of things, it would appear that the threat environment evolves too quickly for protection methods to keep up.

Don’t despair though. Keeping Australia safe and maintaining confidence from the wider community is high on the federal government’s agenda.

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Drone Data – The Challenges, The Opportunities

What might it feel like, I wonder, to step outside your front door and be followed by a drone. Every step you take, every move you make, it’ll be watching you – is the tune by The Police buzzing around your head – recording you, collecting data about you. Imagine the sky filled with drones, all of them targeting numerous individuals at once.

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Asset Data Management System – A White Paper for Discussion

DiAM 600 acrossThe Data Special Interest Group has developed an Asset Data Management System Model for discussion by the AM Council membership. Take a look at the details here.

Feedback Sought on the Asset Data Management System Model White Paper
Julian Watts is the AMCouncil National Lead for the Data Asset Special Interest Group (DiAM SIG) and would like to receive feedback on the white paper via email and is interested in finding out your response to the following questions:

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Improving Profits Using Data

Imrproving Profits Using DataAsset-intensive industries continually strive to improve profitability while at the same time reducing business risk and expenditure. Today’s financial climate and market competition require organisations to improve productivity and asset performance with less resources and capital. A recent study indicated that around 47% of organisations associated the inability to achieve asset management goals with the ‘lack of visibility into actual asset condition and performances’. To read the rest of the article co-written by Mustapha El Hayek and Ian Gordon from Meridium, please visit here.