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Retention Period for Personnel Files Versus Deletion Period: What Applies?
Personnel files are extremely sensitive, because they contain employees’ personal data. The retention periods for these data are legally clearly defined. But which period applies to which part of the file? And how can HR employees maintain an overview? Here we give you a summary of the most important legal storage obligations.
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3 examples how companies have transformed their business with data analytics
Data Analytics as a method of analysis can help companies to transform their business, their processes and the company as a whole. How the collection of data, its analysis and the insights gained from it are related was already the subject of a previous article. Some data analytics examples are intended to demonstrate the benefits…
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API Economy and PSD2: New business models and revenue sources for banks
The key question for banks with the new PSD2 directive is: How can added value be created by cleverly using an API Economy? Banks are currently exploring ways to leverage open APIs (Application Programming Interfaces) to expand and change their business model.