In our Tech Insights series, we ask ICT leaders what the year ahead holds. Today we talk analytics and AI with Information Builders' Rado Kotorov.
The BigInsights Data Innovation Awards have been held, with both federal and state ministers using the occasion to outline Australia's innovation plan.
The Productivity Commission has proposed a new data sharing framework that would allow consumers to view the data collected about them, and request edits or the sharing of that data with another organisation.
The number of algorithm-based patent applications has surged thirty-fold over the past 15 years as companies seek to protect their information assets and analytic models.
Location analytics company Esri has invited its global start-up program manager to Australia to help mentor local start-ups, and its smart transport specialist to discuss using big data to transform transport network planning.
Australian transport agencies are under-utilising the big data collected from GPS devices and smartphone apps, as well as losing an opportunity to transform network planning, according to global transport expert Terry Bills.
SAP will invest €2 billion over five years to help business and government entities benefit from the Internet of Things (IoT), including the proliferation of sensors, smart devices and big data.
Veriluma, an emerging prescriptive analytics company, has commenced trading on the ASX after completing the reverse takeover of Parmelia Resources.
Sydney's Sitback has secured an exclusive three-year deal to bring to market a web optimisation tool, designed to provide analytics based on the entire user journey, developed by CSIRO's Data61.
KPMG Australia will apply IBM Watson cognitive computing technology to its audit and assurance services.
Researchers from the University of Queensland have secured $7m in grant funding for a five-year project to apply big data to the use of personalised medicine.
With big data analytics, the trick is to persuade as well as predict, in order to deliver real-time, holistic intelligence that can influence a customer's next action.
With 9 TB of raw data needing to be loaded and processed daily, containing a rolling 25 months' worth of information, Yellow Pages needed a strong analytics system to serve its customers.
Most organisations are now running big data projects. Why? They lead to smarter business decisions, increased efficiency and greater profits. There are a number of critical building blocks, however, that must be put in place if your data project is to be a success.
By educating the workforce on novel ways to identify and use data, CDOs can help their organisations to manage it as a strategic asset.