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mind+machine™ Blog

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Challenges to becoming GDPR-compliant

Businesses are increasingly offering tech-heavy services at a time when a younger, tech-savvy generation is entering the workforce. How do we retain this dynamic, learning-hungry lot?

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What US Firms Need to Do for MiFID II Compliance

MiFID II regulation provides transparency and investor protection, however, the European Union’s new approach creates conflict for US-based firms where bundling research is a common practice. So what is the need for the US to be compliant?

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Does Your Organization’s Training Strategy Fit Gen Z?

Businesses are increasingly offering tech-heavy services at a time when a younger, tech-savvy generation is entering the workforce. How do we retain this dynamic, learning-hungry lot?

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Preparing for an Automated Future

Automation is the most popular trend in today’s world of business. It is general consensus that automation increases productivity, leads to higher returns, and makes life better, but there are broader differences on how it will impact employment levels and society as a whole. The big question is: are we prepared to deal with its implications?

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Mind+machine™ Against the Dark Side of the Internet

mind-machine-against-the-dark-side-of-the-internet

The spread of fake news is a common problem that online and social media are facing. There are different solutions that companies are applying to avoid this: Human fact-checking or artificial intelligence programs to solve the problem with technology. Both methods have failed so far. So what is a potential solution?

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Time to Think – Are You (E)-valuating Your Prices Accurately

value based pricing

Is your pricing strategy accurate? Do your price points delight customers? Or, are you losing out to competition due to flawed pricing? It’s not just you; all businesses face these questions when reviewing their sales and pricing strategies.

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What Are The Critical Pillars of Success For Your Research Teams?

research management solution

Generate Insights. Optimize Budget. Increase Revenue. Ensure Efficient Knowledge Management. Increase Productivity. Maximize Efficiency. Enhance Collaboration. Manage Timely deliverables and dissemination.

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Can SAR Devaluation Help KSA Reinvigorate its Economy?

Saudi Arabia’s macro-economic indicators have put a big question mark on the sustainability of Saudi riyal (SAR) peg to the US dollar at 3.75. Devaluation appears to be the only potent weapon for the kingdom to rein in soaring fiscal deficit, without constraining economic growth.

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How Predictive Web Analytics Can Help with Site Optimization and Much More

how predictive web anaytics can help with site optimization

Practically every business today owns a website. Whatever industry you work in, and whether you’re selling direct to consumers in B2C or providing a knowledge portal for B2B clients, your website is probably your most important digital channel.

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Analytics-driven Pricing Strategies for B2C Firms

Pricing can determine whether your business succeeds or fails, which is why it’s a strategic priority for every organization. If you want to price your product to maximize sales, market share or profit, you need an effective pricing strategy—and analytics can help.

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Knowledge Management 101: What You Need to Know

objectives of Knowledge Management

Knowledge management (KM) is the process of capturing, developing, sharing, and using organizational knowledge. Purposeful, concrete, and action-oriented knowledge management programs can yield impressive benefits for both individuals and organizations.

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Why Professional Services Firms Are Changing Their Service Offerings

Every company is undergoing transformation as the digital age sets in. Automation, analytics, business intelligence, digitalization, and big data have become buzzwords for identifying and solving problems, making corporates somewhat less dependent on professional services (PS) firms for their routine analytical requirements.

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Putting Cognitive Technologies to Work

Cognitive technology is the next big cost saving initiative in the world of procurement. We have taken a look at various cognitive solutions that are being implemented across industries and how they constructively evolve the overall maturity of the procurement organizations. The infographic below details these industries we have covered and their specific applications

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Reality Bites – Review of an AI Implementation Proposal

One of our clients invited our chief strategist to help them assess the proposal they had received from a prominent AI tool. See why he believes AI providers are not spending enough time on the analytics value chain before pitching their services.

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Getting Data Analytics Right

Listen to Marc’s appearance on the Business901 podcast.

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MiFID II – Wins or Losses for Asset Managers?

The new legislative proposal is expected to have a global impact on the ecosystem of how buy-side consumes sell-side research. The changes will create fresh challenges for the industry, but they will also bring some attention-worthy opportunities.

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Brexit: Navigating Through the Uncertain Climate

The long-term impact of Brexit is not yet clear, although market sentiments seem largely negative. Companies need to choose between making a move right now or waiting for UK–EU negotiations to play out.

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Everything is a Machine! Where is My Mind?

Warren Bennis once said that the factory of the future will have only two employees – a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment. Are we in the vicinity of that future yet?

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mind+machine™ and the General Data Protection Regulation

The world is generating data like never before and some companies have created very sophisticated big data use cases. Whether you consider this a violation of your privacy or an exciting sign of progress, these use cases exist. Law makers are playing catch up and the European Union is leading the field with its General Data Protection Regulation.

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Reimagining Asset Management – One Step at a Time

The asset management industry is already facing a number of challenges. How is the industry geared to meet technology-led disruption, including from FinTechs? Also, how are asset managers driving innovation across their value chain? Read to find out more.

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Insights from GE’s Minds and Machines in San Francisco

Our team attended this year’s GE’s Minds and Machines conference in San Francisco. Read more to find out why we believe the question is no longer if digitization leads to better customer experience and higher productivity, but about the how behind it.

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mind+machine Strategies That Enable New Innovations

Listen to Evalueserve CEO Marc Vollenweider’s second appearance on the Innovation Ecosystems podcast.

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Small Data Is Beautiful Too!

Big Data is the buzzword of the moment, but is it crucial for all organisations to invest in big data? Does it always make business sense to do so or are there alternatives that have potendial for much greater ROI?

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Suits, Hoodies and Machines – The Future APAC Banker Profile

It’s 2030 and you’re in the APAC region for a meeting with your investment banker or financial advisor. Who will you meet? 1) someone in a sharp suit, 2) a 25-year-old data expert in a hoodie and jeans or 3) a machine? My guess is a mix of 2) and 3).

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Outcome as Value: The Shift to PAYG

Decision makers want their invested resources to produce insights – and still: 99% of all analytics delivered relies on input-based pricing, where input is defined regardless of output. Pay-as-you-go (PAYG) is a logical system to apply to analytics. Read in our blog article why.

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Microsoft & Open Source: What it Means for Analytics

Microsoft’s commitment to Platinum membership in the Linux Foundation is a logical step in their journey into the open source community. But what does it mean for data analytics, particularly given their ownership of leading R distributor Revolution Analytics?

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mind+machine™ for Monitoring Regulatory Environments Globally

Monitoring changing regulation environments can be a daunting task for global companies. In this post, we review how we helped a Fortune 500 client in dealing with this, by making use of our mind+machine approach to bring in efficiencies, data quality and granularity.

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mind+machine™ through the Ring of Knowledge

As data flows through the analytics value chain to be distilled into insight or even knowledge, it passes through several stages. Different stages require a different mix of mind+machine. We have codified the analytics value chain into 8 simple steps.

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Sectors to Watch After the US Presidential Elections

Depending on the policies of the winning candidate, the results of the US presidential elections will affect various sectors and businesses. Read on for highlights of the bullish and bearish implications of these elections.

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The Yin and Yang of the Internet of Things

The Internet of Things (IoT) has been in the news over the last few days, because an estimated 100.000 internet connected devices fell victim to a cyber attack. Should we consider the Internet of Things as a blessing or a curse?

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Predictive Analytics: Get More Value From Your Data

Predictive analytics plays a vital role in charting out a winning roadmap for organizations by analyzing future outcomes and helping reduce risks. Read how companies are putting predictive analytics to work in order to gain business benefits

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Efficient Frontier: Where Machines Support Minds

When it comes to analytics use cases, mind alone tends to be too expensive, too slow. Machine alone can’t deliver real insights or knowledge. Success lies in knowing how to mix the two. The key lies in knowing how to find the efficient frontier.

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Definitions: Demystifying Data Analytics Jargon

The number of incredible opportunities with great potential for mind+machine is large and growing. Many companies have already successfully begun leveraging this potential, building whole digital business models around smart minds and effective machines. However, despite the potential for remarkable return on investment, there are pitfalls.

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Does More Data Really Mean More Insight?

The number of incredible opportunities with great potential for mind+machine is large and growing. Many companies have already successfully begun leveraging this potential, building whole digital business models around smart minds and effective machines. However, despite the potential for remarkable return on investment, there are pitfalls.

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Machine – The modules of our solutions

In his fifth video, Marc explains the five different building blocks that help us deliver solutions for our clients: analytics engine, productivity tools, workflow, dissemination, and knowledge management. Watch the full video to learn how these building blocks contribute to our work.

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Increasing B2B Demand and Sales through Digital Transformation

Investment in technology is not enough for successful digital transformation or how your customers perceive you as a brand. The key is to join the dots (people-process-technology elements) across customer touchpoints and their journey – an aspect that most companies miss out on. It is about connecting every single customer focused effort to a common goal, using key digital tools, to compete and win.

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The Winning Formula for Sell-side Research Teams

Given the proliferation of internet data, budget cuts and proposed regulations seeking separate payment for sell-side research, there is a significant focus on leveraging intelligent automation in research.

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Will Regulation Reshape the Index Industry?

Since the LIBOR scandal, financial regulation has tightened throughout the index industry. The need for greater risk reduction and compliance is more important than ever. What options are available for index providers and users such as asset managers?

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Where Artificial Intelligence (AI) Fails

Do you think that Artificial Intelligence can do everything? In the Silicon Valley there is a firm belief in the power of machines. Marc Vollenweider (CEO, Evalueserve) doesn’t think so! Watch our fourth video to learn more.

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A 360º Framework for Business Growth

A carpenter is only as good as his tools. Similarly, data is only as good as the analyses built on top of it. The most important question for any organization is ‒ what is the company doing with the data that is available? Is it being analyzed to understand each customer’s journey and build lasting relationships with them, to acquire new customers, and to gain profitability? These goals call for a holistic 360-degree approach aimed at deriving meaningful insights from innumerable internal and external data sources.

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Is Technology Integration the Only Way Forward for Banks?

Banking success hinges on continuous transformation, which is a truly herculean task. What is the best course in light of recent sector trends? ‘The Future of Banking’ seminar discussed critical problems facing the sector, the pros and cons of different banking approaches, and if technology will emerge as its backbone in the near future.

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Data & Analytics Driven Customer Retention Framework

Managing customer churn is vital to business performance. As is researched and proven, a 5% improvement in customer retention rates increases profitability by 25 to close to 95%, as it is many times more expensive to acquire new customers than it is to retain an existing one.

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Selecting Data Sources the Smart Way

Making the assessment of whether the right data source is being used is difficult and has always required considerable research experience. However, new technological developments are making it possible for even a newbie researcher to have this information readily available.

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What Makes Us Different from Other Players

In our third video, Evalueserve’s CEO Marc Vollenweider talks about why mind+machine is the key differentiator for the company, and what is the difference to IT companies.

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Automation Fosters Creative Intelligence

Think automation: will it make humans redundant or obsolete in their work environments? Will the increasing adoption of automation to remove manual effort lead to job cuts – especially in the knowledge services sector? We do not think so.

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Three Useful Books on Analytics for Executives

When one searches for “analytics” within books on Amazon.com, one gets well over 30,000 results. Clearly, a lot of books have been published on the topics of analytics and big data, particularly over the past decade. In this blog post, our author Mahesh recommends three of them.

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Winners: Best Lead Generation Tool B2B Marketing Expo

best lead generation tool developed by evalueseve

Amongst 15 nominees, the Sales Intelligence tool was chosen as the award winner for the Best Lead Generation Tool, and was nominated for the Sales Productivity Product/Service award at the B2B Marketing and Sales Innovation Expo in London, UK. Proof that mind+machine works!

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How Asset Managers Can Do More in Less Time

Increasing competition demands that asset and marketing managers automate their process of generating information and insights. Modern knowledge management systems can go a long way in helping a company stay relevant.

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Evalueserve’s New Website is Online

Evalueserve’s innovative website shows the whole width of solutions and products Evalueserve can offer. The team took Evalueserve’s mind+machine™ strategy to heart, and used current website technologies, as well as human logic to develop the site.

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The Benefits of mind+machine™ for Our Clients

In his second video, our CEO Marc Vollenweider talks about the four benefits of our mind+machine strategy for our clients: 1) Productivity increases 2) Reduce time-to-market 3) Quality improvements 4) Provide new capabilities to give our clients an edge in the market.

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10 TED Talks on mind+machine™

See the list of 10 must-watch TED Talks on mind+machine™ in our latest blog entry.

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Automation to Enhance Professional Services

By leveraging automation to allow our analysts to focus on more value-adding and challenging work, we enhanced our services, which resonates very well with our clients. It is great to see that we are not the only firm which is thinking along this line.

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Evalueserve Powered by mind+machine™ – Definition

Evalueserve’s strategy is based on mind+machine. Now, what is mind+machine? Mind+machine is the optimum mix between the human mind, supported by a machine. Neither one of the two works on its own. Human only is too expensive, machines only simply doesn’t work.

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Why Banks Struggle with BCBS 239?

Complying with the risk data management principles in BCBS 239 is challenging for many banks. Why are they struggling to bring their risk data aggregation and reporting in line with that framework? We take a look at the reasons for these difficulties.

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How Humans Stay Relevant in the Age of Automation

How will automation impact work in the future? In contrast to the negative scenarios about large-scale job losses frequently portrayed in the media, findings from research by McKinsey paint differnt picture of how automation is likely to affect jobs.

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The Impact of Robo-Advisors on Wealth Management

Wealth management fintech opens up new possibilities for companies and clients. Even though they haven’t captured a significant market share, robo-advisors are having an impact on the wealth management industry. This new article looks at the case in detail.

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Virtual mind+machine™ Assistants from Evalueserve

It is more useful to think of automation’s impact at a task-level, rather than thinking about it at a job-level. For complex knowledge-based tasks and workflows in the enterprise, it is best to combine human and machine intelligence – mind+machine.

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Modular Approach to Database Subscription Management

Database subscription management is a high-priority activity for financial services firms. Not surprisingly, data managers place enormous emphasis on being compliant, beating subscription costs, and optimizing subscriptions through scalable processes.

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Evalueserve Is Proud to Inspire Britain!

There are many awards and listings, but as an entrepreneur, some make you prouder than others. For the second time already, we have been chosen as one of 1000 companies to inspire Britain by the London Stock Exchange (LSE).

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Humans, Automation and the Future of Work: a Reading List

There has been a flood of books on this topic in the last year or two. We have compiled a reading list of the top business books on automation and the future of work.

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Algorithm Picks Most Successful US CMOs in 2015

Business Insider recently ran an interesting post on this topic based on the results published from an algorithm by ExecRank. The featured CMOs come from a variety of industries, such as media, technology, retail, and industrial as well as consumer goods.

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How Software is Changing Recruitment

With a year-on-year growth of 10.7% to a value of $11.7 billion (2014), the executive search and leadership consulting industry and the businesses it serves are facing a major challenge: they need to find good talent, faster.

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Financial Services Need the Right Mix of mind+machine™

In our modern, data-driven business environment, banks and other professional services firms place a premium on efficient and reliable information management. What can business information services do to meet those expectations?

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mind+machine™: The Latest Updates

Evalueserve has made great headway for our clients with our mind+machine™ approach. Our CEO Marc Vollenweider takes a look at the impact of our automations in this post, revealing just how many working hours we can “automate away”.

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mind+machine™: The Future of the Services Industry

These days the media are full of articles about the age of the machines that can do almost everything using big data. Is this really the case or is human intervention still important? And what is the true meaning of ‘almost anything’?

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