The UK Government’s Department for Digital, Media, Culture and Sport (DCMS) is aiming “to unlock the power of data and across the wider economy” by developing a National Data Strategy. DCMS have released a call for evidence, part of which invites a “review of commonly quoted statistics”. Here, DCMS are seeking to understand the veracity
Data is an asset, not a commodity. Some people talk about data as the new oil, but this is too simplistic. Oil is a commodity – to be bought and sold. Data is an asset, an asset that grows in value through use. A single person’s data is not very valuable. Combining the data generated
We currently create over 2.5 quintillion bytes of data every day1, and this number is set to increase with the rise of the Internet of Things and proliferation of applications that benefit from machine learning and artificial intelligence. To process this massive amount of data, improving our computing power will be key. Moore’s Law, the
A year ago, we were warned that data accessibility was one of the major challenges facing Big Data organisations. Richard Joyce, a senior analyst at Forrester, said that “a 10% increase in data accessibility will result in more than $65 million additional net income for a Fortune 1000 company”.1 But have organisations heeded this warning and
Gartner reported in 2017 that 85% of data initiatives failed,₁₋₂ but with 97% of respondents in Big Data organisations investing in data analytics, Big Data and AI, and 73% receiving measurable value from these initiatives,₃ why are so many data initiatives failing? Last year, NewVantage Partners reported that only a third of organisations have successfully
“Vague but exciting”: these three words were used by Mike Sendall, senior scientist at the CERN laboratories in Geneva, to comment on the draft of an internal project that would revolutionise, in only a few years, the way communications happened across the globe. It was the year 1989 and Tim Berners-Lee, one of the researchers,
Anmut was founded on the principle that data is your most valuable asset, if not now, definitely tomorrow. We bring new and innovative tools to organisations to help them make the paradigm shift.
Herman Heyns lead partner at Accenture, KPMG and EY and Professor Andy Neely from Cambridge University combined forces to bring you team with unrivalled reach and understanding of the topic of data and value.