Organised data holds the key to successfully adopting AI while improved asset management emerges among top drivers of transformation
COMPANY NEWS: AI is at the forefront of digital transformation in the utilities sector, with 82% of executives recognising it as essential to their strategy. However, despite widespread recognition of the importance of emerging technologies, only a fifth (20%) of companies have completed their digital transformation journey, with respondents split on where ownership should lie (22% reference CFO, while the same percentage cite the CTO).
GUEST OPINION: Data creation continues to grow exponentially with an estimated 2.5 quintillion bytes produced globally every day. It is important for organisations to harness that power and create useful insights and business outcomes.
More than half of Australian workers (55%) would exchange their work-related data for more-customised compensation, rewards and benefits, and 58% of Australian workers would do so for more customised learning and development opportunities, according to a new report from a global management firm.
Robin Bloor – author of a number of books like Cloud Computing for Dummies, Management for Dummies, Words You Don't Know, The Electronic Bazaar – and Chief Analyst and Co-founder of the Bloor Group, has just finished telling an Australian audience this week that Big Data is not much more than an “utterly meaningless” term created by marketers.
C-level executives have been warned that they risk being fined for misconduct if the don’t have the right tools in place when handling personal information when new privacy laws come into effect in one week’s time.
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