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Survey: Despite the hype, AI adoption still in early stages

  Survey: Despite the hype, AI adoption still in early stages

The hype surrounding artificial intelligence (AI) is intense, but for most European businesses surveyed in a recent study by SAS, adoption of AI is still in the early or even planning stages. The good news is, the vast majority of organizations have begun to talk about AI, and a few have even begun to implement suitable projects. There is much optimism about the potential of AI, although fewer were confident that their organization was ready to exploit that potential.

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Data professionals spend almost as much time prepping data as analyzing it

  Data professionals spend almost as much time prepping data as analyzing it

Nearly 40 percent of data professionals spend more than 20 hours per week accessing, blending and preparing data rather than performing actual analysis, according to a survey conducted by TMMData and the Digital Analytics Association. More than 800 DAA community members participated in the survey held earlier this year. The survey revealed that data access, quality and integration present persistent, interrelated roadblocks to efficient and confident analysis across industries.

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Robots, driverless vehicles, augmented reality for post, parcel players

  Robots, driverless vehicles, augmented reality for post, parcel players

Digital disruption in the post and parcel industry will see robots and driverless vehicles delivering the mail, augmented reality (AR) creating efficiencies in delivery and artificial intelligence (AI) making it easier to connect customers to products and services, according to new research from Accenture.


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Higher education CIOs expect significant business changes due to technology

Higher education CIOs recognize that key organizational priorities are enrollment and student success, but fail to show innovation with regard to the top technologies required to differentiate themselves and win, according to a survey from Gartner, Inc. Yet, a majority of respondents (59 percent) think there will be significant business model change due to digital transformation.

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Harnessing the wisdom of crowds: Online resource shares impact of analytics

  Harnessing the wisdom of crowds: Online resource shares impact of analytics

From reporting traffic jams using the Waze app to a colony of ants working together to achieve extraordinary feats, examples of crowdsourcing and collective intelligence are all around us. As the problems that we face grow in complexity, the speed and reach of communications and data flow are vastly improving now that just about anyone can act as a consultant on a problem by providing their own individual expertise and information.

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Three keys for organizations to gain value from information

  Three keys for organizations to gain value from information

In the current information-driven society and increasingly digitalized world, Gartner, Inc. says that sentiments are shifting from the economics of tangible assets to the economics of information – “infonomics” – and other intangible assets. Infonomics is the theory, study and discipline of asserting economic significance to information. It strives to apply both economic and asset management principles and practices to the valuation, handling and deployment of information assets. 

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Burtch Works study on ‘Salaries of Predictive Analytics Professionals’

  Burtch Works study on ‘Salaries of Predictive Analytics Professionals’

According to the recently released Burtch Works study on “Salaries of Predictive Analytics Professionals 2017,” senior-level executives saw the largest increase in salaries from 2016 to 2017, and industry diversification of employment has diluted the concentration of such professionals from financial services and marketing/advertising to consulting and technology.

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New study asks, ‘Is your business AI-ready?’

  New study asks, ‘Is your business AI-ready?’

Despite fears that robots will replace human labor, the majority of artificial intelligence (AI) leaders (79 percent) expect their employees will work comfortably with robots by 2020, according to a new Genpact survey of C-Suite and senior executives titled, “Is Your Business AI-Ready?”

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Medical device recall rates linked to frequency of FDA inspector rotations

  Medical device recall rates linked to frequency of FDA inspector rotations

Medical device manufacturing plants in the United States can experience 100 fewer product recalls per year, or a decrease of 20 percent, if the FDA investigators who inspect these plants are placed on a rotating schedule, according to a new study in the INFORMS journal Manufacturing & Service Operations Management.

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Groups lie more than individuals, according to new study

  Groups lie more than individuals, according to new study

Do you pride yourself on being an honest person? Even individuals who have a proven track record of honest behavior are no match for the potentially negative influences present in a group dynamic, especially when money is at stake, according to a new study, published in the INFORMS journal Management Science. 

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Analytics Blog

Electoral College put to the math test


With the campaign two months behind us and the inauguration of Donald Trump two days away, isn’t it time to put the 2016 U.S. presidential election to bed and focus on issues that have yet to be decided? Of course not.




Headlines

Survey: Despite the hype, AI adoption still in early stages

The hype surrounding artificial intelligence (AI) is intense, but for most European businesses surveyed in a recent study by SAS, adoption of AI is still in the early or even planning stages. The good news is, the vast majority of organizations have begun to talk about AI, and a few have even begun to implement suitable projects. There is much optimism about the potential of AI, although fewer were confident that their organization was ready to exploit that potential. Read more →

Data professionals spend almost as much time prepping data as analyzing it

Nearly 40 percent of data professionals spend more than 20 hours per week accessing, blending and preparing data rather than performing actual analysis, according to a survey conducted by TMMData and the Digital Analytics Association. More than 800 DAA community members participated in the survey held earlier this year. The survey revealed that data access, quality and integration present persistent, interrelated roadblocks to efficient and confident analysis across industries. Read more →

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