Today's consumers are more powerful than ever before, and get every bit of information that they can before they make a purchase. The Internet is helping them greatly, and most of the buying is done online. The pace is so rapid that it won't be long before online purchases are more common than offline ones. What does this mean for businesses? You have to unify your marketing … [Read more...] about What does new GDPR European Union law mean for your business?
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How the Mortgage Industry is Being Reshaped by Big Data
What goes into getting a mortgage or refinancing your home? A fairly individualized process that hinges on both the lending bank and the borrowers' history, the mortgage industry is on the brink of transformation “ and it's all because of big data. From the initial application process to ongoing loan servicing, data banks are dictating lending in an unprecedented way. What does … [Read more...] about How the Mortgage Industry is Being Reshaped by Big Data
How Big Data Can Reduce Building Injuries
Accidents are a part of life, but when we carefully analyze the data on unintended incidents and injuries, we often find that many of them could have been avoided through greater care and harm reduction strategies. Unfortunately, because many companies and individuals view each injury in a bubble, they miss the significance of certain occurrences and can't effectively reform … [Read more...] about How Big Data Can Reduce Building Injuries
How to Avoid a Data Breach
Even a modest data breach can create serious problems that business owners cannot afford to take lightly. By some estimates, small businesses are the target of more than 40 percent of all online attacks. From providing staff and employees with the additional training in order to avoid any bad habits that may lead to security concerns to staying informed regarding the new … [Read more...] about How to Avoid a Data Breach
Make or Buy a Digital Transformation
Is a software development competency a prerequisite to a digital transformation? In How to Navigate a Digital Transformation I laid out a path to find ways to improve your company with innovative software solutions. Now what? There are three possible paths you could take to enable your digital transformation initiative: Make it with direct employees Buy it or subscribe … [Read more...] about Make or Buy a Digital Transformation