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How to make an organisation-wide digital transformation project a success still remains elusive for many

"Digital transformation can be viewed holistically as the confluence of SMAC (social, mobile, analytics and cloud) technologies, cutting through business processes, enabling agile & secure infrastructure, leveraging IoT & connected devises, driven by seamless integration into (and upgrading) of current IT systems and underpinned by actionable insights for sustainable differentiation across customer experience and business efficiency."
#Social #Mobile #Analytics #Cloud #InternetofThings 
. . .
"The business efficiency theme driving digital transformation projects is all around creating differentiation for organisations through one or more of the following: helping an organisation to become more agile and responsive in its ability to identify either opportunities or to protect against threats; taking cost optimisation to the next level by further automating mundane and routine tasks that can be more efficiently handled by intelligent systems; creating better decision making powered by real-time data and insights, rather than by gut-feel and intuition; and unleashing the ability to innovate through the provision of new offerings or different business models."
#DriveInnovation #Automation #ReduceRisk #DecisionMaking 

Posted by +Daniel Durrant

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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The eyesight of machines is growing stronger

A lot of new developments in machine vision were revealed at this year's Large Scale Visual Recognition Challenge. All of the winning groups chose to share the details of their technical innovations, keeping them proprietary. / #DriveInnovation  

That means we're likely to see commercial applications a bit sooner. So, in the not too distant future expect #ArtificialIntelligence  to play a bigger role in medical diagnosis, factory robotics and automotive safety systems. The author points out that "a number of carmakers have added the ability to recognize pedestrians and bicyclists and stop automatically without driver intervention." / #ReduceRisk   #Automation  

Still, machines have yet to achieve what scientists call “scene understanding," which entails comprehending the whole story of what is happening in an image by using human language. If they ever figure it out, let me know, so that I can strap one of those machines onto my head. Heh.. / #FutureTechnologies  

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Agile Analytics: A Value-Driven Approach to Business Intelligence and Data Warehousing

Ken Collier, the Agile Analytics expert, shares three consistent truths that he has experienced during his time as a business intelligence consultant: "Building successful DW/BI systems is hard; DW/BI development projects fail very often; and it is better to fail fast and adapt than to fail late after the budget is spent." 

#BusinessIntelligence   #DataWarehouse   #OnDemand  

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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Forget the CV, data decide careers #HumanResources  

Are recruiters arriving at the point when "crunching data could replace the human touch of job interviews"? This article shares interesting examples of how HR services provider Ceridian,  Xerox, IBM, and LV= have used #BigData  and #DataMining  in their recruitment efforts.

“Big data” and complex algorithms are increasingly taking decisions out of the hands of individual interviewers – a trend that has far-reaching consequences for job seekers and recruiters alike.

Posted by +Dan Durrant w/ +David Pidsley 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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Gartner Predicts Business Intelligence and Analytics Will Remain Top Focus for CIOs Through 2017

Citation: The CIO focus on business intelligence (BI) and analytics looks set to continue through 2017, according to Gartner, Inc. Gartner said that the benefits of fact-based decision-making are clear to business managers in a broad range of disciplines, including: marketing, sales, supply chain management, manufacturing, engineering, risk management, finance and HR. 

"Major changes are imminent to the world of BI and analytics including the dominance of data discovery techniques, wider use of real-time streaming event data and the eventual acceleration in BI and analytics spending when big data finally matures," said Roy Schulte, vice president and distinguished analyst at Gartner. "As the cost of acquiring, storing and managing data continues to fall, companies are finding it practical to apply BI and analytics in a far wider range of situations."

Gartner outlined four key predictions for BI and analytics:

By 2015, the majority of BI vendors will make data discovery their prime BI platform offering, shifting BI emphasis from reporting-centric to analysis-centric.
. . . .
By 2017, more than 50 percent of analytics implementations will make use of event data streams generated from instrumented machines, applications and/or individuals.
. . . 
By 2017, analytic applications offered by software vendors will be indistinguishable from analytic applications offered by service providers.
. . 
Until 2016, big data confusion will constrain spending on BI and analytics software to single-digit growth.

#Managers   #Analytics   #BigData   #BusinessIntelligence   #DecisionMaking   #SupplyChain   #Sales   #Manufacturing   #Finance   #HumanRelations   #ReduceRisk  

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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Top 5 Benefits of HR Analytics Which is Accelerating Google Growth

Citation: [Google] uses Predictive Data Modelling better known as HR analytics which help them to predict the future and understand how risk is getting distributed across the organization. Many companies have started building on this however they will take time to catch up with Google.

- Measuring turnover and understanding its causes so as to control both financial and productivity loss
- It gives the power to measure, monitor and predict the effect of risk factors over time and prevent organizational risk by devising back up plans based on insight and foresight
- Predict future leadership needs and recognize the strengths and vulnerabilities of the employee in the organization
- Understanding and mitigating risk linked to resignation, absenteeism, loss of critical manpower
- Critical skills tracking and predicting which skills will be required in future

#PredictiveAnalytics   #HumanResources   #ReduceRisk  

Posted by +David Pidsley w/ +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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Addressing improper payment risk in government contracts

Citation: Whatever their cause, improper payments—that is, overpayments, underpayments, payments made without substantiation, or payments otherwise involving fraud, waste, abuse or errors—are in the government’s crosshairs as never before. / #PreventFraud   #CentralGovernment  
. . . . 
To address the increasing risks associated with improper payments, government contractors and other businesses can implement their own high-tech analytical and monitoring program focused on payments they receive from the government, as well as payments they make to subcontractors, whether or not as part of a government contract. A clearer understanding of the tools involved – and the types of expertise needed to use them effectively – can help contractors and other businesses decide which might be most helpful in their operations. /   #Partnerships #ReduceRisk    #ProfessionalServices   #SupplyChain  
. . . . 
Predictive analytics is a methodology utilizing machine learning and statistics to analyze historical and current data to predict future actions and events. Using advanced analytics and algorithms, such as econometric models, neural networks, decision trees and self-organizing maps, data can be mined for trends, patterns and behavior that will provide, for example, indicators of anomalous activity that go beyond rule-based detection. In short, one variable, or a number of variables acting in concert, are analyzed to assess whether a relationship exists with other variables of interest. / #PredictiveAnalytics  

Potential benefits of predictive analytics include:
- Accelerated identification of anomalous activity early in the process
- Reduced false positives and increased accuracy regarding suspected
behaviors
- Ability to incorporate updated information and findings to continually refine the predictive model
- Ability to identify new schemes or patterns without prior knowledge
. . . . 
It is possible to combine the best attributes of data analytics, continuous monitoring and predictive analytics into an even more effective approach. Essentially, the elements of past, present and future can be viewed and analyzed in one hybrid fraud detection framework. This affords an organization even deeper insight into the nature of its payments and the effectiveness of its operations. / #AnticipateChange  

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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Social enterprises could be a solution to government procurement failures

Citation:
As it stands, government procurement practice is not working. Money is wasted and the government, public service users and taxpayers are not getting the best deals for the billions invested. The Public Administration Select Committee (PASC) on Friday [19 July 2013] published the Government Procurement report, which raises these concerns, and looks forward to what can be done to solve these problems. / #CentralGovernment   #Purchasing  

The government, with its enormous spending power, is a market maker. This position means procurement practices and contracts can be shaped in a way that benefits both the economy and society – but too frequently this is not the case. Social Enterprise UK has repeatedly highlighted the dangers of emerging oligopolies in public service markets – where a small number of large companies dominate, creating dependency and holding an enormous amount of power over buyers. / #MarketIntelligence  

Drawing on the likes of G4S and Serco, Friday's report highlights the continued procurement and contract management failures in this area. Companies are delivering failed services and still being paid – and they often go on to provide more services because of the unhelpful structure of contracts. / #ReduceRisk  

Smaller providers like social enterprises – organisations that reinvest profits and are answerable to communities – are squeezed out of contracts. The report says more can be done to help these types of providers access government contracts – and we agree. / #TodaysChallenges  

The barriers they face are a result of many factors, but can be largely credited to a commissioning culture that remains risk averse. The way the government has developed contracts means they are often so large and complex that smaller organisations like charities and social enterprises simply either aren't large enough to deliver a contract, or can't compete with monolithic firms wielding whole teams devoted to winning contracts. / #Charities   #PositiveLocalImpact  

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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"Professional procurement is about much more than saving money"

Professor Nick Petford, Vice-Chancellor at University of Northampton and Chair of Procurement UK spoke with many people about procurement and contract management, both in the UK and most recently Australia.

Citation:
One recurring theme is that that often those who spend money in institutions do not tend to think of procurement as a strategic function, regarding it instead as a rather mundane transactional and administrative activity.  In my opinion this needs to change.
. . . .
With the challenge of budget cuts and declining surpluses, senior management across higher education and related sectors can no longer regard procurement as an administrative, process-based exercise.  We will only meet demanding efficiency targets and enhance the student experience and institutional competitiveness if we start seeing procurement as a strategic asset.  We need to develop appropriately skilled procurement professionals who can deliver real cash savings and help where necessary protect institutions from unmanaged commercial and operational risk.

#Education #Managers   #Purchasing   #SaveMoney   #ReduceRisk  

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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School's EdTech #Purchasing Challenges

Citation:
[gamesandlearning.org] asked one of the authors [of Smart Series Guide to EdTech Procurement], Tom Vander Ark,  CEO of the educational consulting firm Getting Smart, to answer a few questions about what his work and research means for learning game developers and marketers. Along with Daniel Owens, a principal at the nonprofit Learning Accelerator, Tom offered some thoughts about the market games face in schools. / #Education  ( Developers of adaptive learning systems, learning games, and apps should read the entire article to better understand how to help those trying to make smart edtech investments.)
 . . . . 
[S]marter procurement reduces the risk of [Education Technology] not being implemented properly. However, it behaves differently than most other assets procured–t changes quickly, both in terms of offering and price, and vendor information is less developed than in other industries. / #ReduceRisk  
. . . .
A: Bad purchasing is a function of a convoluted school finance system that creates lots of little pots of money with strings attached (e.g., SpEd, T1, ELL, Curriculum). This mess is often convoluted by a lack of clarity in decision making. With many people in charge of programs and projects, it’s often hard to create coherent strategies and integrated IT systems. / #DecisionMaking   #InformationTechnology  

Since 2010, this complicated context has been complicated by the viral teacher adoption of mobile apps and resources which makes many classrooms a complicated tech soup. / #Mobile   #Consumerisation  

This system has led to a fragmented decentralize market of buyers, with little communication about who is buying what and for how much. Higher level coordination among purchasing districts could lead to improved product quality and price. / #Benchmarking   #SaveMoney  
. . . .
Particular problems we see frequently:

- Districts don’t know what they own;
- They issue purchase orders for devices before developing plans;
- There are often several departments/people buying systems, applications, and devices for the same classrooms—and they don’t usually work together;
- They too frequently assume their needs are unique and sponsor customized development; and
- They don’t fully consider training and maintenance costs.

cc +David Pidsley Posted by +Dan Durrant 
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