The objective of data governance is to provide insights into the availability, usability, integrity, security and privacy of data. As the amount of data organizations handle grows, establishing efficient data privacy policies and processes is critical. Furthermore, data privacy must be embedded in new systems and crafted onto existing legacy systems and networks. But privacy is far from just about software and hardware. It’s very much about people.Read More
Whether their customers are individuals or global enterprises, all industries now face a range of challenges and opportunities presented by a ‘digital-first’ world. As a consequence, traditional companies are looking for ways of complementing and differentiating their product-based business models with value-based services. A recent Frost & Sullivan estimation foresees that 70 percent of Fortune 500 companies are expected to develop new business models that provide product-as-a-service.Read More
Data Governance. It’s kind of like going to the gym. You know it’s really good for you, but you just don’t do it (Sorry Nike!). The same applies for many organizations today when it comes to data governance. They know that it can add real value to their business, but despite that, it is and always has been difficult to sell internally. Concepts such as technical and business-related metadata, data quality, information models and data ownership often lack funding for implementation.Read More
Master Data Management (MDM) is a BIG topic. Especially since it encompasses many moving parts. You’re not just mastering data; that data touches multiple systems, affects people, overlaps with other projects, and changes or creates processes that may or may not have previously been in place.Read More
WARNING: Stranger Things Spoiler Alert!Read More
Among management teams in businesses all over the globe, there’s an increasing focus on the long awaited European Union General Data Protection Regulation, the GDPR, that is finally coming into force on the 25th of May, 2018. The new regulation has put data protection on top of many businesses’ priority list. But so far, the GDPR has pretty much escaped the attention of the average consumer. But as we get further into 2017 and nearer the deadline, the general public - especially in Europe of course - will become increasingly aware of the GDPR and the opportunities it brings for them. And that will be felt through changing consumer patterns; which companies need to be ready for. But is your company prepared for customers that know the worth and risks of sharing their data?Read More
The American food industry is gearing up to make the first changes to the standard nutrition label in more than two decades. The new FDA label requirements include updated daily values, an increased focus on calories per serving, and other significant modifications such as the addition of added sugars, nutrients and updated serving sizes. Manufacturers will need to have the new nutrition facts labels in place to consumers by July 26, 2018.Read More
Digital Transformation has been a trending strategic initiative for most companies for quite some time now. Some have almost completed their journey, while others are just beginning. The results of a recent study show that only 19% have adopted or are leading digital transformation in their companies, 34% are in the planning stages and 47% are just starting to wrap their heads around the topic.Read More
A new breed of financial services providers is currently disrupting the industry - delivering a whole new way of meeting the needs of today’s consumers.
Crowd-sourced investment funds, independent online investment and wealth management advisers, and mobile-only banks such as Atom and Monzo live on their customer's laptops and mobile devices, offering more flexibility, agility and convenience than their physical counterparts.Read More
If your business is lawfully obligated to adopt the General Data Protection Regulation (GDPR) or parts of it, now is the time to start thinking about it. Considering the wide scope of this new EU regulation, the sooner you start, the better. In this blog post we list the five steps you need to take for your business to be compliant by 25 May 2018.