Customer Master Data Management (CMDM) is an essential practice, and sometimes a technical solution for a good many organizations. In its adoption, many would seek to optimize customer data, and particularly consumer data across the many platforms and departments that they have. Pretectum’s CMDM platform exemplifies a solution that aligns well with many of the…
The concept of the dataome refers to the vast array of non-genetic information that humans generate and carry, both internally and externally.
This includes everything from digital data to cultural artifacts, and it plays a crucial role in shaping our identity and interactions. This includes commercial, social, economic, medical, educational, and civic profiles. Understanding how this data is managed is crucial for us both as consumers and for the organizations that might consider leveraging that data to forge long lasting mutually-beneficial relationships. #LoyaltyIsUpForGrabs
New research reveals huge economic opportunity as global Welsh talent signals strong interest in ‘Brain Gain’ return. A ground-breaking study of the Welsh diaspora has revealed an unprecedented opportunity to transform decades of “brain drain” from Wales into significant economic advantage and an extraordinarily strong cultural connection that could amplify Wales’s global soft power. The…
Technology Connected, the collective voice for the tech industry in Wales, is thrilled to announce the launch of the Technology Connected Data & AI Council. The initiative aims to spotlight Wales as a centre of expertise and opportunity for enabling and emerging data and AI technologies, showcasing their applications for today’s business and society. It…
The separation of patient profile data from clinical trial data in clinical data management systems (CDMS) is essential for maintaining data privacy, regulatory compliance, and facilitating independent analysis of patient information. This approach aligns with the Health Insurance Portability and Accountability Act (HIPAA) principles, particularly the “minimum necessary” access to protected health information (PHI). Vital…
Thought Leadership written by Ben Allwright – Technology Leadership Council Member and Chief Executive Officer of Ogi. Ladies and gentlemen, I give you ‘the internet’…” These are the words many of us might imagine were said when Tim Berners-Lee introduced his groundbreaking idea of a “web of information” back in 1989. This moment planted the…
Powys-based Davlec is making waves in the global hi-fi industry by challenging some of the world’s largest manufacturing giants. Davlec (est. 1983) has been appointed by new audio tech start-up, Fell Audio, to bring the Cumbrian newcomer’s audio systems to life, showcasing the power and innovation of Welsh expertise. Fell Audio is a new family-owned…
This October has been full of momentum, as we’ve been immersing ourselves in planning Wales Tech Week 2025 while building valuable connections with industry leaders at dynamic events like the 2024 Convention for the Western Gateway and Digidol 24. In this round-up, you’ll discover insights into how blockchain can transform ticketing systems, and explore upcoming industry events and opportunities! Be…
Effective data management is a fundamental pillar of success for any organization, especially within the finance and accounting fields.
Accuracy and reliability of data are important because they directly influence decision-making, meeting regulatory compliance obligations and addressing overall operational efficiency.
Rapid advancements in technology and the increasing complexity of financial transactions, accompanied by the sheer volume of data generated daily is staggering. These volumes of data necessitate robust management strategies to ensure that organizations can harness this information effectively.
High-quality data enables organizations to make informed decisions, mitigating risks and enhancing strategic planning. The regulations are stringent and compliance is non-negotiable, so, having a solid data management framework is essential to avoid costly penalties and reputational damage.
Streamlined data management processes also lead to improved operational efficiency, reduce the likelihood of errors and enable teams to focus on higher-value tasks. Nobody wants to work for an organization that is mired in unnecessarily labour intensive back office functions; so attracting and retaining talent is closely tied to the kinds of systems and practices that you have in the back office.
In light of the recent Oasis reunion tour ticketing disaster, where dynamic pricing left fans feeling exploited and priced out, it is clear that the current ticketing system is broken. As thousands of fans faced skyrocketing prices within minutes, there was a backlash with hundreds of complaints filed. Having said that, there is a solution:…
