Business Intelligence, Big Data Management

Data Analytics Techniques for Internal Audit

April 27, 2023

Data Analytics Techniques for Internal Audit
Data analytics are used to test controls and validate that business risks are managed. This would generally occur at a point-in-time when an assurance activity is scheduled. Rather than test a number of transactions, the entire population of transactions can be reviewed for greater coverage. Data analytics includes automated tools such as generalised audit software, test data generators, computerised audit programs, specialised audit utilities and computer-assisted audit techniques (CAATs).

Spotlight

Python Predictions

Python Predictions is a Brussels-based service provider specialized in Predictive Analytics. Its expertise lies in delivering highly performing yet interpretable predictions of future events in marketing, risk and operations.

OTHER WHITEPAPERS
news image

Replanteamiento del acceso a las aplicaciones gestión de una fuerza laboral moderna

whitePaper | February 26, 2020

El cambio de paradigma que se está extendiendo por el ámbito tecnológico y empresarial es cada día más evidente. La transición a cloud computing está llegando a su punto de inflexión. Las fusiones y adquisiciones han proliferado. Además, con un número cada vez mayor de usuarios finales que operan fuera del entorno empresarial, los departamentos de TI deben prestar servicio a un ecosistema de usuarios cada vez más diverso, distribuido y exigente

Read More
news image

Are Predictive Analytics Truly Predictive?

whitePaper | April 19, 2023

Unplanned downtime is one of the most significant pain points for industrial manufacturers today, costing them an estimated $50 billion each year. The risk is even greater for process manufacturing, where a critical equipment failure could result in the loss of an entire batch, environmental hazards, or safety risks. The adoption of digital technologies, such as the industrial internet of things (IIoT), promises to mitigate these threats by forecasting equipment failures and catching faults before they lead to unscheduled shutdowns. However, in practice, several challenges arise when maintenance personnel and operations leaders work to implement an IIoT solution aimed at eliminating unplanned downtime.

Read More
news image

Top 6 use cases for a self-sustainable Contact Center powered by Connected Data

whitePaper | August 10, 2022

Connected Data, though used synonymously with Big Data, is carefully created and curated for storage and reference during the customer’s lifetime. As we already know, enterprises need to carefully build and store Big Data to avoid creating a data swamp. Connected Data goes a step ahead of Big Data. It is customer-specific data built in a context-sensitive framework to ensure a 360-degree view of the customer profile, purchasing habits, preferences, etc., at a glance.

Read More
news image

The 2022 State of Data and What’s Next

whitePaper | February 24, 2022

Today’s business relies on access to critical data more than ever to remain ahead of the competition. Due to the challenges over the last two years, organizations must respond to greater demand for data access and a shift to supporting AI/ML in a complex, hybrid multi-cloud environment. Organizations need to become nimble in providing fast, reliable access to data anytime, anywhere, throughout their increasingly complex, integrated enterprise.

Read More
news image

Building Data Products: The Ultimate How-To Guide

whitePaper | November 18, 2022

It’s time to treat data like a product, not an afterthought. A new paradigm has emerged among forward-thinking data teams: treat your data like a product. This may sound easy in theory, but it’s far from it! Product development processes have become incredibly sophisticated, with resources dedicated to reliability, adoption, feature roadmaps, and more.

Read More
news image

The Power of Graph Data Science: Maximizing the Value Of Data Through Predictive Insights

whitePaper | September 28, 2022

Graph data science (GDS) is a scientific approach to gain knowledge from graphs, using the structures of connected data to power predictions, answer questions, and explain outcomes.

Read More

Spotlight

Python Predictions

Python Predictions is a Brussels-based service provider specialized in Predictive Analytics. Its expertise lies in delivering highly performing yet interpretable predictions of future events in marketing, risk and operations.

Events