Making cities smarter : How citizens’ collective intelligence can guide better decision making

Imagine that you are an urban planner charged with putting walkways in a newly built city park. How would you go about deciding where to put the paths? Several approaches come to mind: You could survey likely park users. You could copy “best practices” from other parks. Or you could build sophisticated computer simulations to project future foot traffic. Or you could take a different approach: What if you just open the park and observe the paths in the dirt naturally created by foot traffic? By using a process of discovery rather than design, you could leverage the built-in knowledge and preferences of real park users to find an optimal walkway solution. Prior to the construction of Freedom Tower in New York City, the great urban theorist Jane Jacobs suggested that the Ground Zero site scrap its existing street grid: “I was at a school in Connecticut where the architects watched…

The changing world of technology in financial services

Cognitive and analytical technologies are set to bring about widespread change in the financial services industry, not just when it comes to “defense” functions such as risk and compliance, but also in “offence” activities that drive marketing and revenue growth.

Decoding the path to purchase: Using autonomous analytics for customer mapping

Decoding the path to purchase: Using autonomous analytics for customer mapping

You could be forgiven for being overwhelmed by customer data. Every minute, for example: 

Cyber Security

Cybersecurity: Seeing the organization through the enemy’s eyes

Today’s public and private sector organizations continue to grapple with the devastating results of cyber attacks. Growing in sophistication and with no signs of slowing down, cybersecurity threats come with a hefty price tag. Estimates on the cost of cyber crime to business range from $400 billion annually in 2015 to an anticipated $2.1 trillion by 2019. With so much at stake, the United States federal government has increased its commitment to thwarting cyber crime, including $19 billion in Federal resources for cyber-security.

Building your data analytics capabilities

Building your data analytics capabilities

Analytics is at the forefront of the C-suite’s agenda these days. Operating in today’s complex, highly regulated business environment, leaders can no longer just “trust their gut.” Most companies already have at least a subset of the capabilities they need to engage in business analytics. The challenge is to push those capabilities even deeper into the organization — from business executives to the front lines.