It’s very difficult for Nigel Broomhall to predict just how bad Auckland’s traffic congestion will be. On a good day his commute to Parnell takes just over an hour, on a bad day it can take two hours or more. Nigel lives with his wife and two young children on a lifestyle block south of Auckland near the Bombay Hills.
Just think, 50 years ago, the personal computer had only just been invented. Unless you were NASA or the US military, then you probably didn’t have one.
Now fast forward to today. Almost everyone has one, or three. If you include the computer in your car, the smart devices at home, any wearables, then you’re creating a lot of data, all the time. So what does this all mean for you?
More devices are collecting more data about more people than ever before in our history. Big data could be the best thing that ever to happened to your business – or the worst. Certainly it represents some big opportunities, but only if you have clear goals about what you’re looking to achieve.
In New Zealand we know all about weather and how much it can impact our lives and livelihoods. This week's flooding in Wellington and tornado in Mt Maunganui created havoc for motorists, homeowners and businesses. In the US, 7 out of 10 power outages are caused by weather.
Freight train derailments not only cause damage to infrastructure and rolling stock and disrupt services, they can have an enormous toll on people’s lives and the environment.
Following on from our last analytics blog Use Predictive Analytics For Better Employee Retention, a keen 360˚ view can likewise be applied to health care. By drawing on diverse new data sources (Automated Electronic Health Records, Mobile phone sensors, Nutrition, bio-sensors, …), combining them with the tried and the true (Demographic, social and socio-economic factors, Clinical study findings, …), and finally by employing Predictive Analytics to make sense of it all, health care professionals can improve outcomes for their patients.
The potential for better business performance by connecting Business Intelligence, Data Warehousing and Analytics has encouraged two technology companies to form a new strategic alliance for the New Zealand market.