Tag: analytics
NEW YORK (Reuters) – JP Morgan Chase & Co has partnered with data analytics start-up Mosaic Smart Data to help its fixed-income sales and trading business become more profitable. The bank, whose fixed-income trading revenue slumped last quarter, has signed a multi-year deal to use Mosaic Smart Data’s technology division globally, the companies said in […]
Modern football is huge business. Every season millions of fans take their seats in stadiums, pubs and homes up and down the country to witness excitement and entertainment unrivalled in any other medium. It also seems to get bigger every season. We live in an era of £200m transfer fees, £500m sponsorship deals and Television […]
We need new solutions for collecting and using data that strikes the right balance between consumer benefits and control over their own data. I was looking for the opening hours of a local supermarket in San Francisco from Google Maps. When I found them, Google also told me an interesting additional detail: “You visited this […]
The telecoms sector is expanding its services around the world with faster connections and more connected devices. However, new services create not just new revenue opportunities but also associated risks for operators. The challenge is to secure the upside, while at the same time, minimise potential losses incurred via fraudulent activity. One of the main […]
News highlights for 13 July 2017 French Government will appeal Google tax ruling PARIS (Reuters) – The French government said on Thursday it would appeal against a court ruling in Google’s favour with regard to 1.1 billion euros ($1.25 billion) in tax. Read more… Carmakers write to Chinese Government to relax quotas on electric cars […]
More and more we seem to be turning to nature for our technological inspiration. From robots that can leap like a lemur to the behaviour of swarms of animals, we see it, recognise the benefits and build it better. Take swarm intelligence. Earlier this year, just 75 randomly selected people accurately predicted that Donald Trump would […]
“People are utilizing huge amounts of data and massive processing power as if they don’t have huge amounts of data and massive processing power” said Prudencio Pedrosa, Associate Partner in McKinsey & Company’s Madrid office and core member of the Advance Analytics Practice speaking at WeDo Technologies WDC event in Miami last week. “They are […]
In the early days of revenue assurance (RA) for telecom companies a popular phrase used by software salespeople was – “you don’t know what you don’t know.” Of course, they were talking about the fact that telcos were not aware of all the losses they were incurring due to poor billing practices, irregular audits and […]
I, and most other industry journalists, have been harping on for years about the growing value of data – especially big data. Much of it has been sitting around for years in data bases, repositories or warehouses mainly to be taken advantage of by marketing departments and bean counters. But all that changed not so […]
IBM has acquired IRIS Analytics, a privately held company specializing in real-time analytics to help combat payment fraud. Only 16 percent of banks polled in a recent global IBM Institute of Business Value study could detect fraud as it is attempted. Once new schemes were identified and confirmed, it is estimated that countermeasures typically require over four weeks to […]
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