The IBM Information on Demand event kicked off this morning with inspiring stories in to what customers are achieving today and a taste of the technological innovations of tomorrow. We were encouraged to “Think BIG”, inspired by Conoco Philips’ use of satellite analytics to track and predict movement of icebergs, to Premier Inc. using healthcare analytics to better understand the cause of infections contracted in hospital in order to predict, prevent and save lives.
But there were three key notes that stood out from the keynote that I just had to share.
This post is inspired by my beloved Essendon Bombers. Who, after showing significant promise at the start of the season beating the top contenders for the championship, have since suffered injury after injury after injury, with nothing short of humiliating defeats in the lead up to the finals.
Analytics in the world of sport is not a new concept, and yet many teams are still to realise its full potential. Much like the world of business, sporting teams around the world are looking to analytics to make the patterns and trends in human performance and game strategy that may be invisible to the human eye, visible.
Watching the finale of MasterChef last night I was amazed at how in the space of 12 weeks Andy had completely changed the course of his career. From sparky to chef he’s done what many are too afraid to attempt – throwing out years of training and experience and starting from scratch. Of course, he’s had the good fortune of MasterChef to help him get a kick start on his new career.
For others wanting to change careers, it’s not that simple. Gaining qualifications in another area of expertise takes time – and with bills to pay and families to feed, leaving your job to return to University is simply not an option. Fortunately, providers such as Open Universities Australia (OUA) are helping students achieve their education and career goals through online programs where they can study anytime, anywhere, and at a pace that suits them.
In order to deliver flexible, quality courses, OUA needs a comprehensive understanding of its students – what they’re interested in learning and identifying students who require additional academic support or services to complete their education. Enter the role of Business Analytics.
When a company’s viability is determined largely by its investment in physical assets, information about the asset is an asset in itself.
Today, information is captured throughout the life of an asset and its individual components – it’s how we use this information to make more informed decisions that can improve service levels and generate greater profits.
There are four key activities required to sweat an asset.
I was reading my daughters’ favourite book last night when I suddenly burst out laughing – much to their amusement. It dawned on me that the Very Cranky Bear was teaching them an invaluable lesson that many in the technology industry have failed to learn – that is, the importance of listening to what someone really needs and not jumping to conclusions based on your own experience.