Industry Insider

Inland Revenue has signed a deal with New Zealand company TEAM Asparona to provide the first stage of a new multi-million dollar information knowledge management system.

The assertion that Australia has always been an early adopter of technology is challenged when it comes to big data and analytics. While a few standout organisations are investing  to build sophisticated data-science algorithms, many others are yet to categorise big data from technology fad to business advantage, according to analyst firm IDC.

When it comes to electronic communications at work, email is the seasoned old-timer. Everyone uses it, and for decades it’s been the default method of communication at work. However, it’s far from perfect. If you’ve ever been spammed, dropped from a group thread, caught up in the dreaded, never-ending "reply all" loop, or struggled with dropped attachments, you know what I mean.

In a victory which extends to parties involved in complex, document intensive litigation, the Supreme Court of Victoria on Friday, 2 December 2016, endorsed the use of predictive coding in discovery. This marks the first time the technology has ever been approved in Australia in a Court process, and will potentially lead to big changes in the way parties conduct discovery in major matters in the future.

​With the size – and complexity – of large commercial disputes rapidly increasing, using technology to assist in their case management is becoming more and more important.​ In this article, we take a look at some recent case law developments – both in Australia and internationally – that offer some insight into how the Courts view TAR and may use Special Referees to assist with its implementation in the case management of large disputes.

Eric Bussy, Worldwide Corporate Marketing and Product Management Director at Esker, discusses the importance of machine learning for enabling back office processes.

IBM Security has announced results from a study finding 70 percent of businesses infected with ransomware have paid ransom to regain access to business data and systems. In comparison, over 50 percent of consumers surveyed said they would not pay to regain access back to personal data or devices aside from financial data.

Business-to-business (B2B) customers in the Information and Communications Technology (ICT) industry take the longest to pay overdue receivables; on average, within 30 days after the invoice due date, according to a nationwide survey by Atradius. This long payment period is causing a drain on cash flow for the industry.

A document management systems (DMS) is often regarded as a cure-all for every problem that an organisation has with information retrieval and records management.  While a multitude of DMS systems are available for this purpose, with the proven capability to provide such a solution, they all require system users to use the supplied software in a way that delivers the expected outcomes.

There’s no prize for those who believe they know the winner of this contest, but does it really need to be policy over productivity? In this digital age is there a new perspective that can bring together these seemingly opposing fronts? One that delivers benefits to user, IT and records management.