In a digital economy those companies that own and analyse data are increasingly powerful.

On the one hand the real-time data from connected:

  • Homes
  • Autos
  • Buildings
  • Plant & Machinery
  • Supply chain
  • People

Deriving actionable insight needs more than just technology. BI & Analytics Officers are likely to plan why and what they need to analyse- i.e. what will they change as a result of these new insights.

This overlooks a major gap however- the boring but vital data that is inaccessible - unstructured data in:

  • Word documents
  • Web Forms
  • Photos
  • Video
  • Audio files
  • Emails

Without analysing this vital information is missed, decisions are poor and profitability suffers.It is not untypical to find 90% of an insurers data is inaccessible!

A Chief Data Officer is needed as much as a Chief Analytics Officer. That makes a strong team together with a Chief Digital Officer. That's a sign of moving from being analogue to being digital!

The 90% of data can be accessed though-

See 360Insight combined with 360Retrieve