Technology Magazine June 2018 | Page 369

MIDDLE EAST
of course , increases efficiency ,” he says . “ This is also applicable to our other systems such as ERP .”
The power of data Today , data is often described as the ‘ new oil ’ – valuable to have , even more so if it ’ s refined and used efficiently .
UAB recognises the importance of data and is fully committed to utilise data & analytics to drive business growth . “ Today , data science is what everyone ’ s talking about by far ,” Abusalameh adds . “ Data hasn ’ t become valuable overnight , it ’ s always been important but what has significantly changed is the computing power , data storage capability & the means of organising it .
“ That ’ s why I always encourage the bank ’ s head of digital and head of data to work closely together more than ever before . With changing times , our impetus is more towards using statistics and data science to help the bank leverage the power of predictive analytics in real time .”
In this way , data ensures that continuous improvement is at the
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