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Latest Insight Labs News
May 30, 2014
Published: May 30th, 2014 Post to Twitter Post to Facebook Share on LinkedIn Share with Google+ Comment on this article Insight Labs will start with R&D on new customer analytics, regulatory compliance, predictive modelling apps It’s a truism that the era of Big Data has added huge challenges for enterprises seeking to unlock the value in that data. That’s why data analytics is such a booming field right now. But sometimes it seems as if even leading edge analytics technology is straining to keep pace with the growing complexity of information. In the hope of reducing some of that complexity, KPMG International has announced the launch of “KPMG Insight Labs,” a global, virtual R&D centre that supports the incubation and development of data solutions for the clients of KPMG member firms. “The creation of KPMG Insights Labs is the latest step KPMG has taken in recent months to expand its portfolio of data & analytics (D&A) solutions and services, with new innovative solutions to help member firms’ clients unlock the value of their data,” KPMG said in making the announcement. The announcement follows the launch last November of KPMG Capital, which funds the development of data and analytics solutions. Since then, a number of acquisitions and partnerships have been announced to bring D&A solutions to market. These include the December acquisition of Link Analytics, and more recent partnerships with a major mobile app development house and a data science training centre. Insight Labs will serve as KPMG’s global hub for D&A solutions. All KPMG member firms globally will have access to the hub, which will conduct R&D for the assets acquired by KPMG Capital as well as for existing KPMG intellectual property. In labs located in the U.K., U.S. and India, Insight Labs will allow developers to build D&A applications, trial and verify proof of concept designs, and generate new concepts. Related Articles Line-of-business managers aren't notoriously sympathetic to application developers when they're waiting for new application services to support their operations. That's why those developers are always looking for ways to automate as much as Published on: May 15th, 2014 Andrew Brooks @AndrewITWC There's many a slip between identifying a business requirement and delivering a solution to that need. Businesses and researchers have generated abundant evidence that a huge proportion of IT project management efforts are Published on: April 23rd, 2014 Andrew Brooks @AndrewITWC “The Insights Labs are intended to fill a critical gap for clients,” said Mark Toon, global leader of data and analytics and CEO of KPMG Capital in the KPMG press release. “While companies are quickly pursuing strategies to capture and examine their data – the ‘Big Data’ chase – what we’re providing is an environment for putting data-driven solutions to the test. “The Labs were designed with input from member firms’ clients and alliance partners, and will help them to explore and pressure-test new applications and simulate real scenarios to derive insights faster.” KPMG says that new applications for customer analytics, competitive positioning, regulatory compliance and predictive modelling for clients in financial services, telecommunications, healthcare and life sciences and retail are first in the R&D pipe. The full announcement can be read here. Related Download
Insight Labs Frequently Asked Questions (FAQ)
Where is Insight Labs's headquarters?
Insight Labs's headquarters is located at 610 Coit Road, Plano.
What is Insight Labs's latest funding round?
Insight Labs's latest funding round is Unattributed.
How much did Insight Labs raise?
Insight Labs raised a total of $10K.
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