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Perspectives

Welcome to Vitamin D: Deloitte's Analytics blog

Your regular dose of AI-powered, analytics insights.

This blog explores topics and trends in analytics, cognitive, data science, and more. Featuring informed perspectives from Deloitte leaders and other luminaries, Vitamin D delivers bold, real world strategies and inspiring success stories to help organizations gain the insight-driven advantage and achieve better outcomes.

Spark of genius: Bringing tech-enabled investigation capabilities to life

May 29, 2020

Most organizations aim to conduct fraud inquiries quickly, evaluate data effectively, and uncover truths without disrupting the entire organization. But traditional investigative approaches are often slow, labor-intensive, and limited in the insights they provide....Continue reading

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Tech vs. Fraud: Five internal investigations best practices

April 21, 2020

Most organizations aim to conduct fraud inquiries quickly, evaluate data effectively, and uncover truths without disrupting the entire organization. But traditional investigative approaches are often slow, labor-intensive, and limited in the insights they provide....Continue reading

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Analytics and automation dominate shared services technology

January 20, 2020

A blog post by Brad Podraza, managing director, Deloitte Consulting LLP and Alec Kasuya, senior manager, Deloitte Consulting LLP

Advanced digital technologies are—and will continue to be—critical for shared services operations. A strong 90 percent of respondents to Deloitte's biennial 2019 Global Shared Services Survey agree or strongly agree that increasing digital capabilities is fundamental....Continue reading

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Modernizing your data management services

December 18, 2019

A blog post by Sachin Khairnar, managing director, Deloitte Consulting LLP and Rajeev Krishnan, specialist leader, Deloitte Consulting LLP.

As businesses continue to demand more reliable data, there is an increasing focus on cloud modernization and prioritizing....Continue reading

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Analytics to the rescue!

December 06, 2019

A blog post by Don Fancher, principal, Deloitte Risk and Financial Advisory

What do you think? When it comes to financial crime, how safe is your organization? Do you feel confident that...Continue reading

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Conversational UI

November 12, 2019

A blog post by Dennis Ortiz, managing director, Deloitte Consulting LLP.

Chatbots are a strategic avenue for companies to begin integrating AI into their business, and the benefits can be...Continue reading

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Six steps to AI success

June 18, 2019

A blog post by Nitin Mittal, principal, Deloitte Consulting LLP and Dave Kuder, principal, Deloitte Consulting LLP.

Learn from early adopters of AI who are achieving positive results and learning from their experiences...Continue reading

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How to address the inherent bias in algorithmic decision-making

April 5, 2019

A blog post by James Guszcza, US chief data scientist, Deloitte Consulting LLP.

Algorithmic decision-making is amazing, but there is a catch. People create algorithms, and their biases can inadvertently influence the outcomes...Continue reading

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Ethics in AI

April 16, 2019

A blog post by Vic Katyal, principal, Deloitte & Touche LLP.

The powerful maxim “with great power comes great responsibility” holds significant meaning to any business leader or technologist working in artificial intelligence (AI)...Continue reading

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Effectively managing invoice deductions is difficult

February 12, 2019

A blog post by Jason McClain, managing director, Deloitte Risk and Financial Advisory and Ed Johnson, principal, Deloitte Consulting LLP.

What if the deductions process wasn't such a headache? What if your business could maximize employees' time and efforts while simultaneously bettering your bottom line with a more efficient invoice deduction...Continue reading

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Learning with machines

January 24, 2019

A blog post by Scott Pobiner, principal, Deloitte Consulting LLP.

Sociologist Everett Rogers described uncertainty as the principal challenge to innovation adoption. The greater the level of uncertainty about innovation, he pointed out, the less likely it is that innovation will find broad adoption within a community. This is a problem...Continue reading

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Changing the game

December 14, 2018

A blog post by Pete Giorgio, principal, Deloitte Consulting LLP.

Behind the scenes, on the playing field, and in the grandstands, artificial intelligence is changing the world of sports for professionals, amateurs, and fans alike...Continue reading

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Scaling robotic process automation (RPA): Are you ready to manage your digital workforce?

September 5, 2018

A blog post by Gina Schaefer, managing director, Deloitte Consulting LLP.

As organizations adopt robotic process automation (RPA), many are focused on identifying the tasks and processes to be automated, building the proof of concept projects, and testing build-operate-transfer (BOT) capabilities in discrete applications...Continue reading

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Our digital future

August 21, 2018

A blog post by Beth Mueller, partner and Tax Analytics Insights leader and Ben Booher, senior manager, Deloitte Tax LLP.

Today's digital environment in the tax profession may be characterized by a strange dichotomy. On one hand, we hear much talked about technology, the dramatic advances made, and the opportunities presented. We are inundated with explanations of exponential growth and Moore's Law, of the impact of artificial intelligence (AI), and of the potential disruption coming from such technologies...Continue reading

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Overcoming technology challenges

June 29, 2018

A blog post by Don Fancher, US and Global leader, Deloitte Services LP.

Recent Deloitte blogs have discussed how the application of data-driven analytics to transactions can help improve fraud-fighting capabilities, as well as how to address challenges associated with vast amounts of data. Analytics technologies used to extract and realize data’s value are an equally important...Continue reading

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Seven steps for effective fraud monitoring

June 07, 2018

A blog post by Ed Rial, principal, Deloitte Risk and Financial Advisory.

A whistleblower's hotline call prompts a bid-rigging investigation. Payroll analysis finds ghost employees lurking in the ranks. A vendor audit points to a possible kickback ring. Whether internal or external, successful or thwarted, a fraudulent or corrupt act compels an organization to address critical questions...Continue reading

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Overcome data challenges in forensic investigations

May 24, 2018

A blog post by Shuba Balasubramanian, principal, Deloitte Transactions and Business Analytics LLP.

Traditional corporate antifraud measures are quickly losing ground against new and emerging fraud threats. Internal and external perpetrators draw from a menu of ploys, including procurement fraud, employee expense fraud, financial statement fraud, bribery, and asset misappropriation.... Continue reading

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Future of investigations

May 08, 2018

A blog post by Satish Lalchand, principal, Deloitte Transactions and Business Analytics LLP

Protecting data, intellectual property (IP), and finances have become an increasing priority at the boardroom level as fraudsters proliferate and constantly adapt to more sophisticated controls and monitoring.... Continue reading

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Tax reform and custom analytics

April 26, 2018

A blog post by Beth Mueller, partner and Tax Analytics Insights leader.

Tax reform brings the impetus for change in the world of tax. Capturing and analyzing data is more important than ever in this new environment... Continue reading

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Fighting fraud with analytics: The future of investigations

April 12, 2018

A blog post by Don Fancher, US and Global leader–Deloitte Forensic, Deloitte Financial Advisory Services LLP

Financial crime is a $2.1 trillion threat to corporations today.

It is characterized by complex inter-connectivity. It is unconfined by geographic borders, by the type of organization, or... Continue reading

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How to develop an RPA program that actually works

March 23, 2018

A blog post by Ajay Yadav, director, Consulting, Deloitte Australia.

In the past 18 months, most companies implementing RPA have had a bipolar experience—some swear by it whereas others swear at it. So what’s really going on here? At Deloitte, we have been implementing RPA at clients in multiple industries for some time now and believe that the truth is a bit more nuanced...Continue reading

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Digital supply networks

March 8, 2018

A blog post by Stephen Laaper, principal, Supply Chain and Manufacturing Operations and John Allen, senior manager, Supply Chain and Manufacturing Operations.

Life sciences companies are usually not considered market leaders in the race to embrace new technology and digital transformation. Whether deserved or not, this reputation—and the reality—should change. Without the advantages of digital...Continue reading

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The humbotic imperative

February 15, 2018

A blog post by Mike Bentley, managing director, Deloitte Consulting; Ben Dollar, principal, Deloitte Consulting; Jeba Dharmaraj, specialist leader, Deloitte Consulting; and Stephanie Levitt, manager, Deloitte Consulting.

The rise of robots in organizations has resulted in two schools of thought—those who believe robots will replace humans and those who believe robots will help humans perform better. Our view is that the world has reached a tipping point where robots and humans are set to thrive in a symbiotic partnership...Continue reading

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The future of automation in the banking industry

February 02, 2018

A blog post by Val Srinivas, Banking & Securities research leader, Deloitte Services LP.

It is only natural, I presume, to feel somewhat anxious when you hear prognostications about automation’s impact on jobs.1 As a parent worried about my kids’ future, I can’t help but wonder how work as we know it, and, as a result, society itself, will be radically transformed by machines in the decades ahead...Continue reading

 

Five steps to reach smart predictive maintenance

July 28, 2017

A blog post by Chris Coleman, specialist leader, Deloitte Consulting and Ryan Manes, consultant, Deloitte Consulting.

Maintenance professionals today can face a number of issues, often including outsourcing, cost-cutting, scarcity of experienced labor and increasing complexity of equipment. Whatever the challenge, maintenance and reliability professionals share a common goal—to maximize machine...Continue reading

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Five ways analytics technologies are revolutionizing health care

June 30, 2017

A blog post by Nitin Mittal, specialist master, Deloitte Analytics and Michael Brooks, specialist leader, Deloitte Analytics.

This analytics revolution is transforming patient care, the very heart of the health care industry, as illustrated by five examples we have seen recently in use by health care organizations...Continue reading

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Who determines ethics in a machine-run world?

May 19, 2017

A blog post by Jim Guszcza, chief data scientist, Deloitte Analytics.

There is a good reason for concern about societal disruption, and a pressing need for enlightened societal-level dialogue. But we should not lose sight of the bright side to the creation of machines capable of helping with laborious...Continue reading

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In financial services, data science may be a promising investment

May 12, 2017

A blog post by John Houston, Global Workforce Analytics leader.

The employment site, Glassdoor, reports that data scientists once again top the list for top jobs in 2017, with financial services among the top three sectors for demand. A relatively new field, data scientists are making their mark by bringing together a wide range of...Continue reading

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Transformative analytics: Three steps toward an insight-driven advantage

May 5, 2017

A blog post by Nitin Mittal, US Analytics & Information Management practice leader.

Transformative analytics is a term used to describe corporate executives' ability to define and pursue desired business outcomes rather than getting bogged down in the technological details of how insights are uncovered, then having to figure out what they mean. It is the product of two major trends that are shifting the way corporate...Continue reading

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Actuaries and predictive analytics: Four applications any business can borrow

April 21, 2017

A blog post by John Houston, Global Workforce Analytics leader.

In practice, actuarial science is more than crunching numbers; when managing risk, actuaries must also consider the economy, regulatory environment, social science, and strategic positioning of their organizations. Today's cognitive and self-learning systems...Continue reading

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Cognitive engagement: Nowcasting achieves what mass personalization aspired to

April 13, 2017

A blog post by Nitin Mittal, US Analytics & Information Management practice leader.

Intelligent agents and avatars are no longer figments of sci-fi writers’ imaginations. They’re real manifestations of cognitive computing. And they’re here to stay. Why should you care? Because cognitive is changing consumer experiences and expectations at light speed. Every time we ask Siri or Cortana...Continue reading

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Hype busters: Five things to know about robotics and cognitive automation

March 31, 2017

A blog post by Ryan Renner, Strategy & Operations (S&O) leader, Deloitte Analytics.

Let’s start by defining the term that's commonly being used in the market: R&CA refers to two emerging business process automation technologies. Robotics mimic human actions by automating predictable, repetitive tasks that don’t involve judgment. Cognitive technologies replicate and augment human intelligence. In our view...Continue reading

row of machines

Do-it-yourself IoT: May the force(s) be with you!

March 23, 2017

A blog post by Nitin Mittal, US Analytics & Information Management practice leader.

Over the last 25 years, four fundamental forces representing computing concepts and movements have gained momentum. Together, they helped integrate hardware, software, and the physical environment in a way that is intuitive and accessible to a do-it-yourself audience. These forces are...Continue reading

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Beyond AI: Machine intelligence ushers in a new value-creation era

March 16, 2017

A blog post by Nitin Mittal, US Analytics & Information Management practice leader.

As we describe in our 2017 Tech Trends report, Machine intelligence: Technology mimics human cognition to create value, machine intelligence is helping companies differentiate from their competition by providing many new value-creation opportunities. For example, A leading US hospital is training...Continue reading

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Analytics and the art of management

March 9, 2017

A blog post by Ben Stiller, principal in Deloitte Consulting's Strategy practice.

Today, top executives spend just over six hours a day answering email or texts, sitting in meetings, or participating in conference calls.1 Surprisingly, the technologies used most often—email, word processing, and presentation tools—haven’t changed very much since...Continue reading

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Three reasons for moving analytics to the cloud

February 16, 2017

A blog post by Ken Corless, principal, Deloitte Consulting LLP.

The business case for moving a company's information technology (IT) applications, including data analytics, to the cloud is compelling. It's relatively fast and unquestionably cost-efficient when compared to building or expanding an in-house...Continue reading

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Analytics in health care: Finding value in volumes of data

January 27, 2017

A blog post by Chris DeBeer, principal, Deloitte Consulting LLP.

Despite the need for strong analytics, many organizations often struggle with implementation due to the sheer volume of data that's available. A data explosion has resulted as electronic health records (EHR) allow more data to be captured. Yet as data volume...Continue reading

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HR at a crossroads? Time for a better lens

January 13, 2017

A blog post by Jim Guszcza, chief data scientist, Deloitte Analytics.

By focusing on designing HR practices, policies, and programs with an insight-driven advantage, practitioners can both reflect our best understanding of human psychology, as well as test and validate top-notch HR practices you can pull into the boardroom. So, how can you embrace...Continue reading

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