In an era where data floods in from all directions, analytics offers almost limitless opportunities for business development and for improving process efficiency. However, the path towards systematic and efficient use of data is often not easy to find and the threshold to get started is high. Business and IT do not speak the same language. And now there is GDPR, a strange new acronym, that confuses things even further. Houston, we have a problem.
Colin Shearer, the Chief Strategy Officer of Houston Analytics, and his team developed a CRISP-DM process model for making use of analytics. The model unites business with understanding data. This is also essential in data protection. The application of CRISP-DM has helped our customers in many projects to work more efficiently for fast results. Excellent results have been achieved in the industrial, media, trade, and banking sectors.
Neil Armstrong, the first person to walk on the moon, said that he did not go to the moon alone – it was a team effort. The operating principle of Houston Analytics is the same: a team of skilled professionals and efficient networking can overcome all challenges. The journey to the moon can be made together. This means that GDPR does not need to be seen as a threat, but as an opportunity that generates new business models.
People’s right to their personal data is at the core of the new EU general data protection regulation (GDPR), which takes effect in May. Regarding all collection, analytics, and use of personal data it is critical that the owners of the data can trust that their data is being processed appropriately. Only this will ensure continued availability and use of personal data.
In practice, GDPR means that the bodies processing personal data must, for example, report to the data subject, upon their request, any information that is stored on them in that body’s register. Depending on the system and its complexity, the reporting process can be laborious.
But don’t panic! There is a tool that not only makes the reporting easier but also allows for comprehensive and transparent maintenance of registers. The desired changes, deletions, and specifications can be made regarding individual persons, and throughout the register if required.
In its toolbox, Houston Analytics has a tool that can help you get on top of the data protection regulation: Houston GDPR Explorer, powered by Cogniware. This is a system that searches for structured and unstructured data that can be classified as personal data in the company’s databases. In practice, data is collected from CRM, other internal systems, and various documents, and after this the data is identified, organized, and stored.
After this, only a few clicks are needed to complete the report that is required by the EU general data protection regulation. By using Houston GDPR Explorer, you will no longer need to worry about reporting requests. Instead, you will be able to concentrate on the new business opportunities offered by data and analytics. So, we at Houston Analytics are ready to embark on a joint data journey – to reach for the moon, if necessary!