The Retail Death Star (a euphemism for whoever you think it is) has such a glowing reputation for its acumen with data that other companies clamor to know how the Death Star does it. Personal experience suggests myth does not match reality…and two rising stars signal that e-commerce just got a LOT more competitive. Read the full piece here.
Jeff Cotrupe’s report, Innovating Financial Services in the Big Data Era, outlines the challenges and opportunities financial institutions face in 2018 and beyond. The analysis includes how these companies are evolving alongside emerging data trends; the ROI they are obtaining from actionable analytics; where spending is occurring today; and where it needs to be focused going forward. Technologies and issues analyzed include AI, blockchain, privacy and the GDPR, security, the IoT, data governance, risk management, and compliance. The analysis also includes case study snapshots of best practices in the industry at Barclays Bank, VISA, Wells Fargo, BNY Mellon, EY, Allstate, and Cheyne Capital.
The report is featured in media articles including in Fintech Innovation (Effective big data analytics management crucial for FSI growth) and in CXO Today (How Big Data Is Changing Banking And Finance), and is generating significant activity on Twitter and LinkedIn.
Stratecast has published Jeff Cotrupe’s latest report, Wearing Your Heart (Rate) on Your Sleeve: How Fitness Trackers and Big Data Solutions are Giving the World a Running Start toward Connected Health. The report’s key findings include:
- Broken health processes built on broken data processes waste hundreds of billions of dollars. The good news is that consumers are laying the groundwork for the coming revolution in healthcare simply by using fitness trackers.
- Apple and IBM have built an ecosystem designed to give everyone (patients, providers, researchers, and payers) what they are looking for in a connected health future–and are beginning to deliver it today.
- Serious challenges, however, could kill population-wide connected health; and some are already having unhealthy effects on healthcare. These challenges include the rapid data growth associated with the Internet of Medical Things (IoMT); the difficulty of ensuring data security, integrity, and privacy; and claims fraud.
- Despite these challenges, industry, academia, and government continue pressing forward because the pressing health and economic issues they face cannot wait. Solutions providers such as AWS, Apple, IBM Watson Health, Mimo, Misfit, Next IT, Platfora, Virdata, and others mentioned in this report are beginning to move the planet toward connected health by delivering results for patients, providers, payers, researchers, and governments.
- Leveraging big data to revolutionize healthcare could generate $300 billion to $450 billion in annual cost savings.
AT&T’s Vice Chairman Ralph de la Vega recently referenced Jeff Cotrupe’s Stratecast report, The Internet of Things (IoT): How Real is It Today?, on LinkedIn Pulse in a piece titled The 4th Industrial Revolution: What Businesses Need to Know. In the piece, de la Vega discussed figures from the report assessing the scope and impact of IoT and Cotrupe’s assertion that “Every organization in every sector needs an IoT strategy.”