#Data
Expansion vs cost-cutting: What should your business focus on?
Should you look at expanding the business or instead reduce costs to improve margins? Here are key things to think about when deciding…
Is your business ready for a data breach? Here’s what you should know
Hacking and data breaches have become increasingly common for business owners and leaders. Here’s what you need to know…
The business case for stricter data practices: Why businesses aren’t waiting for the rules to change
Consumer data privacy continues to be a hotly debated topic; especially in countries like Australia where we are yet to introduce updated laws to regulate this area. And while stricter data laws have been met with much resistance from businesses in the past, a new pattern is emerging of companies now advocating for greater regulation. […]
6 business trends to come out of the COVID-19 pandemic
Lawpath has collected data from the 130,000 businesses that their legal platform to determine 6 strong business trends that have taken off in the wake of the COVID-19 pandemic. Since March this year, the business landscape as we know it has shifted dramatically to something unrecognisable – CBDs are empty and shopping centres deserted. Government shutdowns, […]
Why all businesses need to pay attention to data literacy
According to McKinsey Global Institute, data-driven organisations are 23 times more likely to acquire customers, six times more likely to retain customers, and 19 times more likely to be profitable than organisations that don’t leverage their data. Having data literacy is among the most pressing objectives for many executives. With more organisations recognising the importance […]
How our company is using Artifical Intelligence
Opyl has pivoted directly into the AI tailwind that is transforming healthcare. Like a super powerful industrial magnet, we use AI to identify and gather data into groups with the ability to predict, analyse, quantify and visualise real world data far more accurately and faster than any person could do. Our company uses AI to […]
Here’s why businesses desperately need to give their data the Marie Kondo treatment
Richard Gerdis, GM & VP Sales, APJ, Delphix Japanese tidiness guru Marie Kondo has shown the world how decluttering has the potential to bring joy and improve mental wellbeing to people who have become overwhelmed by the emotional weight of their belongings. In today’s business world, the greatest source of clutter is undoubtedly information. With […]
When it comes to security, there is no finish line
Byline: Jim Cook, Regional ANZ Director, Malwarebytes The introduction of the Notifiable Data Breaches Scheme (NDBS) in February 2018 focused the attention of Australian businesses on security. Since that time, there have been more than 800 breaches reported – the majority of them from the healthcare sector. With this focus in mind, the business sector […]
Good data management gives double ROI but is that enough?
Australian organisations demand more from their data, despite achieving 102% return on data management investments. Australian organisations are demanding more from their data management investments, despite most estimating that they achieve more than double the amount they invest, finds research from Veritas Technologies, a worldwide leader in enterprise data protection and software-defined storage. The Value of Data study, […]
7 steps to better data management
Managing data correctly and as efficiently as possible is crucial for all businesses as data is the very basis of what organisations are built upon. It covers clients, contacts, employees, forecasts, investors/investment, past business failures, past business successes, and lots more meaningful information that, when managed correctly, can help to grow an organisation and minimise […]
Data breaches have possibility to ruin customer relationships
Given the prevalence of high-profile company data breaches that we are seeing today, including the recent incidents at Kathmandu and Landmark White, Charles Heunemann (Managing Director and VP Asia Pacific at Natterbox Limited) discusses the negative consequences that data breaches can bring to businesses. “We live in an age of cyberthreats, causing companies to implement […]
How unsure are you of your digital channel performance?
Top tips to utilise your digital data.
Why SMBs are under pressure to comply with data breach laws
The reason SMBs are under pressure.
Your people and your data – getting the best value
How to get the best value from your data.
Recent data breach allegation sparks concern
Medical appointment app subject of recent media attention.
Why the key to withstanding data breaches in your SME is reducing how much data you store
Amid a flurry of high-profile attacks and the tightening of privacy regulations, organisations are increasingly seeking ways to minimise the risk of suffering a data breach. Personal details of customers, credit card numbers and corporate financial records – are all eagerly sought by cyber criminals. In an increasingly digital business environment, keeping such data safe […]
Is your intuition costing you business?
If you’re a small business, here’s an interesting question for you… what does your gut tell you about your business performance? For many Australian SMEs, the answer would likely be: not much. According to research by the Commonwealth Bank of Australia, almost 62 per cent of SMBs lack any form of reliable data strategy, preferring […]
“Leaky buckets”: Switch Automation’s CEO on helping companies to create smart buildings
Having recently closed a US$3.8m Series A round led by Allectus Capital, Switch Automation is now – in the words of co-founder and CEO Deb Noller – seeking to help a greater number of companies worldwide transform their buildings from “leaky buckets” into smart assets. [Related: Success you can see: nine female entrepreneurs on the attitudes […]
To manage rapid growth and capitalise on big ambitions, SMBs need robust security solutions
One of the unavoidable realities of doing business today is the pervasiveness of cyberattacks, which are a major threat to the security and safety of company data. In fact, the Federal Government estimates that Australian businesses lose a whopping $1 billion to cybercrime each year – a cost that is expected to rise exponentially [1]. […]
CIOs dissatisfied with the size of the IT talent pool produced by Australia’s education system
Tertiary educators are struggling to keep up with demand from Australian CIOs for qualified IT professionals, according to research commissioned by specialist recruiter Robert Half. The survey of 160 CIOs and CTOs from companies across Australia found the education system is only able to satisfy 3% of technology leaders when it comes to their demands of the […]
CX marks the spot: Lessons for restoring trust with customers after a company data breach
Consumers have become increasingly comfortable with providing personal data to brands in order to receive a personalised experience and seamless customer journey. However, recent news that Uber concealed a data breach affecting 57 million users and drivers for a year, demonstrates the rapid mistrust a brand can generate when it doesn’t adequately protect this data, […]
Has your business planning outgrown Excel?
Microsoft Excel enjoys global superiority as the go to electronic spreadsheet for financial management and data collation. This status is well deserved as the business application has given in excess of 30 years of admirable and loyal service in helping companies track, forecast, analyse, and manipulate a wide range of business data. Despite its excellent […]
A guide to the low-risk, low-cost solutions that will help SMEs thrive in the Amazon era
As 2017 draws to a close, eMarketer [1] predicts that Australian ecommerce sales will reach $32.56 billion. Of this, it is estimated that $20.15 billion, or 62 percent, will be driven by online retail sales. [2] For Australian businesses working in ecommerce, this should be an exciting time filled with opportunity, instead, for the past year […]
How can your business harness AI?
Artificial Intelligence makes headlines every day: alternately promising to save the world, or destroy it completely. There’s no doubt that it holds exciting potential for businesses. A new global study by Capgemini found that 83 percent of firms surveyed reported that AI generated new roles, with three-quarters seeing an uplift in sales related to AI […]