AI & Big Data Expo: Maximising value from real-time data streams

As digital transformation accelerates across industries, more and more companies are recognising the untapped value in their real-time data streams. Enterprise streaming analytics firm Streambased aims to help organisations extract impactful business insights from these continuous flows of operational event data.

In an interview at the recent AI & Big Data Expo, Streambased founder and CEO Tom Scott outlined the company’s approach to enabling advanced analytics on streaming...

Infocepts CEO Shashank Garg on the D&A market shifts and impact of AI on data analytics

Could you tell us a little bit your company, Infocepts?

On a mission to bridge the gap between the worlds of business and analytics, Infocepts was founded in 2004 by me and Rohit Bhayana, both with more than 20 years of experience in the Data and Analytics (D&A) industry. People often use the term business analytics as one phrase, but if you have worked in the industry for a long time and if you talk to a lot of people, you'll realise just how big the gap is.

And...

Ready to boost your business with analytics? This data expert reveals all

By itself, data is like a bicycle with no wheels. It can’t go anywhere. That’s where the power of analytics comes in. Similar to the wheels of a bike, analytics powers data to reveal meaningful trends and insights, enabling organisations to make key business decisions. 

As data sets increase and become more complicated, manual analytics processes become less feasible. And as data gathering evolves, analytics has to keep up. That’s where advanced analytics joins the...

Reducing crime with better visualisation of data

Effective policing relies on good data. The prevention and reduction of crime, particularly serious and organised crime, depends on law enforcement agencies being able to gain swift insights from the huge and increasing amount of information at their disposal.

The problem, given the sheer volume and variety of that data, is where to look first. So much of the data available to law enforcement data analysts and senior staff is unstructured. In other words, it doesn’t line up in...

92% of product decision-makers say data and analytics is critical to success

A new study, “The Business Intelligence Landscape,” commissioned by Sisense and conducted by The Harris Poll among product decision-makers, highlights that companies offering data and analytics to their customers have a competitive advantage and reap the benefits of increased revenue and loyalty. 

However, the report shows there are some challenges to overcome. For example, 53% of respondents wish their analytics experience was more aligned with user-friendly entertainment...

Nokia deploys AI video analytics to improve rail crossing safety

Nokia has announced that it’s deploying its AI video analytics solution to improve rail crossing safety.

The solution, Scene Analytics, will initially be deployed for Baselland Transport AG (BLT) in Münchenstein, Switzerland.

Michael Theiler, Head of Maintenance Electrical Systems at BLT, said:

“Level crossings are notoriously difficult areas to ensure the safety of passengers, pedestrians, train operators and motorists.

This deployment, in...

Data driven leadership: trends and opportunities

According to a survey by Harvard Business Review Analytic Services, almost 75% of organisations don’t have a leadership that supports a data-driven culture or nurtures analytics-led innovation. Alarmingly, 24% of respondents say their company culture tends to limit access to information, and 20% think that organisational structure impedes use of analyzed data.

Executives also report that the adoption of analytics is at a standstill, and they have yet to realise the long-term...

What data skills do you need to drive business success?

The global pandemic has driven home the fact that data is vital to the success of every organisation. Companies across the UK are realising the importance of scaling and growing their analytics capabilities, something that has become even more critical in the ‘covid’ era.  

According to the 2020 UK Business Data Survey, 81% of all businesses surveyed say they handle digitised personal data, digitised non-personal data, or both, and use of data increases considerably as...

From the cloud to the pitch — How data analytics is evolving football

Data analytics are no longer solely the province of big enterprises, but are being leveraged by companies of all shapes and sizes and infused into workflows to help decision-making processes anywhere — even on the football pitch. In fact, analytics are now an essential part of the winning formula that’s revolutionising football teams and the way they play.

Players, pioneers, and leaders

For most of modern history, coaches had little more than pen, paper, and video to help...

AI, the future of work and how to improve the safety and security of the workforce

In less than two years, the workplace has evolved quickly. Our personal space inside our homes has transformed into a makeshift office, while corporate buildings are vacant and underutilised. 

As vaccines continue to roll out, a hybrid work model has emerged, with staff now alternating and ‘taking turns’ being back in the office. In the US, research done by SHRM.org highlights that 55% of the workforce favours a hybrid workforce post-pandemic. 

In the UK, a...