Trending August 2013 - Her Majesty’s Revenue & Customs (HMRC) has created a predictive analytics platform to improve debt collection and risk evaluation. Its platform, called Adept, integrates analytics into debt management and is designed to customise debt collection interventions for millions of late tax payments each year. Adept is integrated with HMRC’s collection systems and uses predictive modelling to inform more sophisticated risk and behaviour-based collection strategies.
Trending August 2013 - Gaming company Bigpoint GmbH, a German video gamer developer and the creator of Battlestar Galactica, is using predictive analytics to monetise players and increase revenue by a projected 10% and 30% a year. Battlestar Galactica has nine million registered players and notches up 5,000 events per second. Bigpoint’s predictive model is allowing it to intelligently make real-time decisions about a player’s actions. For example, if a player’s ship is destroyed, it acts as trigger for the predictive engine to analyse previous gaming behaviour.
Trending August 2013 - According to IDC figures, the advanced analytics market will be worth $3bn by 2016. A strong focus on data management enables organisations to ensure data flows are efficient and transparent. It can also be used for predictive data analytics to improve the speed of decision-making. The recent explosive surge in big data means predictive analytics is gaining wider acceptance for operational use and in ways never previously thought possible.
Trending August 2013 - Christian Fredrikson, CEO, F-Secure talks mobile security: “In the last six to nine months the number of Android attacks has increased from hundreds to tens of thousands.” He says that every 24 hours there are 100,000 to 300,000 mobile virus mutations, of which 60% are new. Mobile security ties in with the company’s move into cloud content archiving. People are more worried about their content than the device. A device can be replaced, but content stored locally on a smartphone will be lost unless the device is backed up when stolen.
Trending July 2013 - Faster, more secure computing for 18m students and staff - Microsoft Windows Azure and Janet, the UK’s research and education network, have partnered to provide what the organisations claim will be a faster, more secure connection to institutions’ cloud-based IT services.
Trending July 2013 - As more kinds of data are being developed, many new definitions are also emerging. GovLoop, a Knowledge Network for Government, is promoting the view that big data should not be defined in terms of quantity or quality but simply as using data in new ways to deliver new insights. Big data is likely to be transformational but we are only at the tip of the iceberg. As governments collect, manage, and store increasing volumes of data, agencies are challenged to find actionable insights from the tsunami of data they are collecting.
Trending May 2013 - The CIO is usually the person that drives ICT transformations with the wider business context in mind. This is making the job much more strategically important. According to the UK newspaper, The Guardian, evaluating the model (public, private, hybrid) that best fits the business is high on the agenda of an increasing number of CIOs. The main reason for this is that CIOs are looking for flexibility and scale in a fast-paced business environment.