The Deloitte research discovered that employees have a basic level of trust in their organizations to obtain data but that leaders tend to overestimate this confidence level. That opens a window for institutions to work on gaining trust and generating shared value as part of their overall data collection initiatives. It also found that workers are much more comfortable collecting data through emails, calendars, and satisfaction surveys. However, they showed less comfort in having data from mouse tracking, internal social collaboration sites, wearables, and location-tracking technologies. It discusses five typical ways organizations can leverage data collection and analysis to generate value including unlocking business growth, improving workforce experience, solving the why problem, doing more with less cost, and reducing risk. A new report reminded businesses that they should be intentional about what is measured and not measured at whim; share the value of data collection efforts with workers; prioritize transparency and privacy to increase trust; and give workers agency and control over the data. To read more, click here: https://lnkd.in/eB7mcfeW
Neeley Analytics Initiative
Higher Education
Fort Worth, Texas 256 followers
Fostering research, teaching, and outreach at the intersection of business, technology, and analytics through TCU Neeley
About us
TCU Neeley is taking the lead with a new school-wide, strategic effort to advance our research, teaching and outreach in the critical area of analytics to further shape the global practice of business. The world of analytics is evolving at an incredible pace and the quickly changing business landscape increasingly calls for data-driven decisions. The Neeley Analytics Initiative provides a framework for the business school to forge a path at the intersection of business, technology and analytics. Our initiative aligns student interest, marketplace needs and faculty talent to advance our portfolio of research, teaching and outreach beyond the Neeley School of Business. We offer world-class academic programs to prepare students for the transformative, technological changes facing industries by emphasizing the application of data science to drive decision making and strategy.
- Website
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https://neeley.tcu.edu/nai/
External link for Neeley Analytics Initiative
- Industry
- Higher Education
- Company size
- 2-10 employees
- Headquarters
- Fort Worth, Texas
- Type
- Educational
- Founded
- 2020
Locations
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Primary
Hays Business Commons, 2900 Lubbock Ave, NEEL 3352
Fort Worth, Texas 76109, US
Employees at Neeley Analytics Initiative
Updates
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The article raises some critical issues on sustainability data and on the role of the chief data officer in driving sustainability efforts within an organization. According to this document, since sustainability data has traditionally been a "low-tech affair", far less attention has been given to the quality and governance of the data than to financial data. While organizations are increasingly being asked to master non-financial data related to their operations, energy consumption, and people, a new approach regarding how they manage and govern data is in order. Chief data officers (CDOs) stand in the middle of such efforts, especially in helping apply more rigor to sustainability data. The article discusses the benefits and risks of leveraging sustainability platforms and building a robust sustainability data practice to underpin new business opportunities and investments based on climate change initiatives. For more information click this link: https://lnkd.in/gDiGgiPx
Chief Data Officers and Sustainability: A New Approach to Data
deloitte.wsj.com
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The Indian hospitality industry is gradually revolutionizing with Artificial Intelligence and data analytics. Since hotels have conventionally been tagged as personalized service entities, the hoteliers adopted technology rather slowly intending to focus on the human connecting factor. The above scenario has started changing now since the industry is marching toward competitiveness and sales velocity through the use of Revenue Management Systems (RMS) optimization of pricing strategies. While it is very minimal in the case of RMS solutions for now, the future truly belongs to hyper-personalized services and sustainability with the integration of AI-driven RMS solutions. To read more, click here: https://lnkd.in/g-VnjKCd
How AI and data are reshaping the hospitality industry - ET CIO
cio.economictimes.indiatimes.com
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This article highlights the challenge of data teams needing to ingest high-quality data into their pipelines to keep up with soaring demand for generative AI applications. Conventional ways of integrating data have become increasingly choked by the volume, variety, and velocity of data. AI comes out as a solution for these challenges an overall positive cycle where AI reinforces data pipelines. The paper underlines several important benefits for intelligent data pipes, including automated connector generation, democratization of data integration, scalability, efficiency, and enriched data quality. The rest of the issues are ethical and relate to data privacy, bias, and shared responsibilities for the future once AI-powered systems have become pervasive. For more information click this link: https://lnkd.in/g5SXDSZ2
How to Tame the Flood of Generative AI Data
aibusiness.com
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The article talks about how new technologies are changing the way delivery services work. Advanced technologies like data analysis, self-driving cars, and smart logistics systems are improving delivery services. These new tools are making deliveries more efficient, accurate, and satisfying for customers. Data analysis and artificial intelligence help find the best routes while self-driving cars and drones take care of everyday tasks and make last-minute deliveries easier. Smart logistics systems give real-time updates and tracking, and mobile apps make it easy for customers to get delivery information. Delivery companies are also starting to use more eco-friendly methods. If you are interested in learning more about delivery services, click here: https://lnkd.in/g7Kpz5nB
How advanced tech is shaping the next generation of delivery services - ET CIO
cio.economictimes.indiatimes.com
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Explore how organizations can use new data sources, such as email and collaboration platforms to shift from measuring productivity to focusing on human performance. By becoming “quantified organizations,” businesses can improve their workforce experience, foster innovation, reduce costs, and create shared value for all stakeholders. Responsible data use, transparency, and trust are key for success, as misuse could lead to privacy risks or bias. Properly managing these factors helps organizations gain competitive advantages while enhancing decision-making and worker relations. To read more, click here: https://lnkd.in/eB7mcfeW
Using New Data Sources to Measure, Manage Work
deloitte.wsj.com
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Looking at work in the technology industry to meet the challenges of sustainability and decarbonization, the article details that the tech industry, which contributes 2-3% of the global emissions of greenhouse gases, also faces enormous challenges and opportunities. It details that one of the biggest opportunities for the tech sector lies in addressing emissions in its supply chain, which account for a major share of the sector’s overall carbon footprint. It emphasizes how advances in process intelligence enable companies to achieve a granular but overarching view of greenhouse gas emissions across their complex supply chains, allow them to understand supply chain inefficiencies, and implement targeted sustainability regimes. The article underlines two key drivers of the tech industry’s sustainability efforts: mounting regulatory pressures and changing consumer expectations. Read more by clicking the link below: https://lnkd.in/gF5sYX2a
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Organizations need to act quickly on their data in the ever-accelerating world of real-time data today to stay competitive. For this reason, 69% of Indian firms now consider themselves to be digital, and they invest in data warehousing, data fabrics, and real-time analytics tools to make better choices and get better results. The value of continuous intelligence is a cutting-edge data analytics method that automates business decisions by processing data from the past and present. However, delivering continuous intelligence is not without difficulties, precise and coherent complex analysis guarantees precise and coherent data streams. Since latency directly affects the speed and responsiveness of real-time data processing, which is a significant obstacle in the field of continuous intelligence. It offers examples of applications of continuous intelligence in the manufacturing, telco, and fantasy sports sectors, showing how it may increase output, profitability, and customer experience. For more information, click this link:
The sooner the better - ET CIO
cio.economictimes.indiatimes.com
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This article features the best 10 data and analytics platforms that aid an organization’s success. Data analysis helps organizations make appropriate decisions, improve customer understanding, enhance operational productivity, and beat the competition. Every such platform has its distinct features to enable businesses to use data efficiently. For instance, Tableau’s analytics platform is one of the most popular tools for data exploration and management. Tableau is a well-known data visualization and business intelligence company for delivers fully-integrated analytics solutions and best practice assistance. For those details on data and analytics platforms, please follow this link: https://lnkd.in/gRUUZySg
Top 10: Data & Analytics Platforms
technologymagazine.com
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This article describes how the growth of AI advancements and machine learning (ML) opens up new opportunities for individual investors. Direct indexing is a strategy for replicating a specific stock index in your portfolio, with tax-loss harvesting benefits and longevity: it lets you capture those losses frequently and regularly, even in years when the index in question appreciates. Machine-learning strategies such as direct indexing are thought to drive most of the asset class alpha. ML-driven direct indexing is one of the first instances in which such a powerful technology has been transparently available to the public. It was shown in a recent research paper that such strategies could generate close to 40% of the deposit in capital losses over 10 years. The technology has lowered entry barriers, and increased efficiency, and is expected to grow rapidly. Assets are predicted to surpass $800 billion annually in mutual funds and ETFs by 2026. The information is not investment, tax, or financial advice. To read more, click here https://lnkd.in/g87q2dkY
Council Post: Next-Gen Investing: How Machine Learning Is Unlocking Wealth—For Everyone
social-www.forbes.com