Research & Insights
Data scientists wanted to transform the world with advanced computing, but advancements in these three areas had to happen first: Big Data, Big Processing and Big Algorithms.
When passionate data experts get in the same room, great conversations happen. CUES recently pulled four such individuals together to share their perspectives on the credit union data transformation journey, and the dialogue was insightful and uplifting. The group demonstrated how, with great strategy and follow through, successful data programs are well within reach for the nation’s financial cooperatives.
This third in a series of articles exploring critical questions around transformation and growth looks at how data analytics gives credit union leaders the insight to more readily reimagine the value their cooperative can add to the lives of their members.
This second in a series of articles exploring critical questions around transformation and growth offers considerations for leaders who are thinking about future growth, and specifically the role partnerships can play in achieving long-term prosperity.
In this first in a series of articles exploring questions for helping credit union executives make critical decisions around transformation and growth, we examine how financial cooperatives – entities already wired for collaboration – can work with potential disruptors to reimagine value for members.
Learn how BCU's Chief Data Officer leveraged well-rounded expertise and the credit union’s long-held appreciation of business intelligence to accelerate data transformation.
Evolution does not happen overnight. Leaders who take small, thoughtful steps deliver the most meaningful change over time.
Incumbent companies in several legacy industries have proven you don’t have to be a startup to evoke disruptive innovation from within. Just take a look at these three companies, each transforming itself for the digital era while closing in on its 100th year in business.
Robots, automation and the artificial intelligence that powers them are about replicating human intelligence, not replacing it. Explore why, without human ingenuity, technology may fail to fully realize its potential.
Explore possibilities for how humans and machines can work together to optimize credit union operations and improve the member experience.
Explore the two missing elements of the Model A’s historic birth story that are crucial to our modern understanding of innovation in an era of rapid digitization.
At its core, digital transformation is about exploring a new frontier. But that does not mean explorers must abandon the homestead. In fact, when done right, digital transformation reveals new ways of looking at the old.
For the final post in our series on AI myths, Shazia Manus explores a common fear around what it will take to achieve the processing power necessary for AI success: cloud computing.
Continuing our series exploring three common AI misconceptions that may be standing in the way of the technology's potential to bring about meaningful change, Shazia Manus explains AI isn't years down the road; it's already here.
In part one in a series of articles separating fiction from truth when it comes to AI, AdvantEdge Analytics' Chief Strategy and Business Development Officer Shazia Manus tackles the misconception that AI will one day overpower humans.
Data is coming at us fast and furiously, and the volume of data being aggregated today is almost incomprehensible. By hosting Innovation Summit, our goal was to help our credit union partners, and our own team members, embrace the art of possibility with the science of data.
The digital footprint each consumer produces has grown exponentially over the last 10 to 15 years. Combined with advances in data analytics, businesses now have the ability to develop insights like never before, and they are investing heavily in that strategy.
The key to improving and transforming your credit union lies in gaining actionable insights from the best data. When employed effectively, it results in a new kind of lead generation, a different approach to cross-sell, better life event marketing, and more.
A little while ago, I was giving a talk on predictive analytics, and a young professional in the audience interrupted me: “What exactly is a data scientist, anyway?” he asked. Given the number of people who suddenly perked up to hear the answer, I realized he wasn’t the only one in the dark. If you’re wondering, too, allow me to shine a little light science on the topic. Let’s start with data science.
As more credit unions design and test their approaches to data analytics, a few common traps that slow success are emerging. During their talk at the 2018 NAFCU Annual Conference, our own Tim Peterson and Shazia Manus talked through five of these pitfalls and offered advice for side-stepping them.