TAG: big data analytics

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    Using Big Data Analytics to Minimize Your Supply Chain Risk

    Today’s global supply chains face a tremendous amount of risk. From unreliable transportation, volatile costs in supplies, manufacturing/quality failures, to unpredictable events like natural disasters, it’s incredibly difficult to gain the insights needed to reduce your risk. According to the MIT Forum for Supply Chain and PwC Global Supply Chain and Risk Management Survey more than 60% of the companies surveyed said their performance indicators had dropped by 3% or more because of supply chain disruptions. Even with access to the appropriate data how do you determine; risky investments;  unsafe…

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    How can I use big data analytics for fraud detection?

    How can I use big data analytics for fraud detection? Fraud is defined as “deception deliberately practiced in order to secure unfair or unlawful gain.” Organizations and government agencies across the globe face a constant battle against a litany of threats, many of which can lead to catastrophic financial losses, stolen intellectual property, comprised customer data, and much more. How Fraud Impacts Organizations Fraud can impact organizations in a variety of ways. According to PwC’s “Global Economic Crime Survey”, 1 in 3 organizations report being hit by economic crime. While…