“What happens when Amazon believes they can price a flight to New York better than an airline?” British Airways CEO Alex Cruz explains.
Machine learning and AI could help small business owners solve issues of efficiency, operational costs, and compliance, whilst opening the door for further innovation, writes VP of general business and channels at multinational software firm SAP, Ian Wahlers.
While conceived and issued in Europe, GDPR cannot be ignored by UK businesses. And given its complex nature. it’s best to ensure data compliance earlier rather than later. But some bosses still aren’t sure which regulations they’re subject to.
We’ve all heard the terrifying statistics around workforce automation and how our jobs are at risk of being taken over by robots and algorithms. In fact, already, we see it happening with ATMs, self-checkout counters and online gambling.
Data projects have huge business value potential, which we will continue to see in the short, mid and longer term, but how can they be used to derive this value properly?
The data discussion continues, but the debate can fall on deaf ears. To clear up any misgivings SMEs may have about the method of technical strategy, Real Business secured some hot Corporate Insights on the topic from Trainline.
Black Swan has secured a £6.2m Series B investment, which will allow the British company to expand internationally and build on an existing client base that includes PepsiCo, Disney and Samsung.
Steve Woolley, head of external affairs for the Chartered Institute of Marketing (CIM), encourages small businesses to get on the front foot before the General Data Protection Regulation (GDPR) comes into force in 2018.
The importance of data has been highlighted everywhere, but without overcomplicating the issue for SMEs, you only have to look at Tesco’s obsession with avocados to see monitoring your numbers can have a remarkable impact on your business and its ability to blaze a trail as an innovator.
A report has found that a strategic CFO is an agile CFO – "one who can pivot on a dime and react decisively regardless of what the future holds."
SmartBusiness from Barclays is a new online service designed to encourage UK SMEs to embrace big data for growth, as a study has found more than half of the businesses are failing to comb through statistics on a regular basis.
Without data, management is done by gut – in the same way that Sunday League football managers use instinct when coaching, while Premier League managers rely on data, including TV replays and more. And it is data that will solve the UK’s skills gap problem.