The Brinqa Buzz – 30th August 2013

A look back at the week in Risk Analytics, Big Data and other buzzworthy items

THE FUTURE IS BRIGHT FOR PREDICTIVE ANALYTICS

“What’s going to happen?” That’s the question that predictive analytics is answering for companies across all industries. CITEworld looks at how predictive analytics are evolving and being used not only as a business tool, but also as a healthcare resource that has the potential to save lives.

ANALYTICS: AN IT DEPARTMENT’S NEW BEST FRIEND

The use of big data analytics by IT departments is resulting in major benefits. An article in CIOL says, “With the use of Analytics, IT can deliver more efficient services, improve resolution time, and better align its operations with the IT infrastructure and IT service management objectives.”

TAKING RISKS WITH YOUR BIG DATA

A new article in Information Week looks at big data and suggests a human element is needed to get the most out of it. A chief research officer says, “Make sure that if you are investing in a data analytics tool, you at least have one body sitting in front of it and you’re investing just as much in people as you are in the process.”

THE CASE FOR AUTOMATION

Compliance regulations continue to grow and SC Magazine UK says automation is a solution that can “alleviate mundane tasks.” The article points out the benefits of automation as a “major step if one wants to make the most of human resources, instead of marshalling them to manual tasks that never seem to complete.”

RISKY THINKING!

A new study from down under finds many business executives aren’t taken IT security seriously enough. The report from ISACA Australia finds “89%of 111 IT professionals surveyed said their businesses view IT risk as a compliance burden, while 71% felt their business teams aren’t aware that risk management is important to attain business goals.”

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