“Data Monetization”

“It’s no longer just about business know-how and instinct. Advanced Analytics (AA) may seem like a daunting challenge, but applying the right model, innovation can be data-driven”.   Co-managers remodel their business models by driving innovation and monetizing their data. By monetizing their data, they can find avenues for additional revenue streams from data. If…

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“5 Reasons To Pool Your Data”

“Credit unions are smaller than major banks and do not have the same quantity of data that banks are collecting from their customers. Data pooling seems to be the major key in this problem…”.   There are five reasons the credit union must be involved in data pooling: 1) Access to diverse data:  data diversity…

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“Advanced Analytics vs Artificial Intelligence: How Are they Different?”

““Data is generated from just about everything –smartphones, cars, utility grids, appliances, wearables, social networking sites, weather satellites–. Companies use analytics to discover valuable business insights from many sources of data”.”   Are Advanced Analytics (AA) and Artificial Intelligence (AI) synonymous terms? I present you hereby similarities and differences between them. 1) Predictive, prescriptive and…

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