Art analytics is changing the art industry. Data analytics and big data are transforming healthcare, transport and even entertainment. However, one area where technology has not made many inroads in is the art industry. Long associated with pricey cocktails, frilly clothing and a bucket load of cash, the art industry has not adopted technology at […]
Data science and analytics is changing the food industry for the better. Whether this includes securing supplies to a city or ensuring food quality meets standards, the food industry has a lot of responsibilities. Food is especially important for Australia, where over 65% of the produce is exported abroad. So, it makes sense to look […]
Big data is growing at an astronomical pace. By 2020, the world will produce 40 trillion gigabytes of data each year. The growth of data combined with the adoption of multiple cloud environments is opening up new opportunities and challenges for organisations. For example, how does one get a comprehensive view of data when it […]
Customer analytics is the key to transforming from product-centric marketing and customer-centric marketing. Customers are no longer making purchasing decisions based on a product, they are making them based on their purchasing experience. Research shows that 72% of millennial customers do not spend money on products, they spend money on experiences. Hence, it is important […]
Advanced analytics is changing the investment industry. We associate the multibillion-dollar industry with formal suits, complex rules and the 2008 recession. However, data analytics is changing the way the industry does its business because of its capacity to process billions of transactions in real-time. The sheer capability of big data opens new avenues for companies […]