TEL 0.88% $2.87 telecom corporation of new zealand limited

Ann: GENERAL: TEL: Qrious delivers greater insigh

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    • Release Date: 10/03/14 13:02
    • Summary: GENERAL: TEL: Qrious delivers greater insight into a smart data world
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    					TEL
    10/03/2014 11:02
    GENERAL
    
    REL: 1102 HRS Telecom Corporation of New Zealand Limited
    
    GENERAL: TEL: Qrious delivers greater insight into a smart data world
    
    Media Release
    
    10 March 2014
    
    Qrious delivers greater insight into a smart data world
    
    Telecom Digital Ventures is pleased to announce the launch of an exciting new
    standalone business, Qrious. Qrious will provide a better way for New Zealand
    organisations to tap into the world of insights and create value from data,
    analytics and applications.  More details of Qrious can be found at
    www.qrious.co.nz
    
    Telecom Chief Executive, Simon Moutter, says, "We are living in a new digital
    age, where the smart use of data is an exploding global phenomena. It's
    rapidly changing the way people live and do business around the world. Qrious
    is a bold move to help lead the development of greater economic and social
    value for New Zealand."
    
    Qrious is built on the powerful combination of information, insight and
    action.
    
    "Qrious wants to help New Zealand address big challenging issues such as how
    to deliver better public transport, housing, and health outcomes. We want to
    help businesses and organisations improve the way their products and services
    meet their customer wants and needs," says the General Manager for Qrious,
    Cyrus Facciano.
    
    "For example we are curious about ways to help prevent the increase of
    chronic illness and improve the healthcare services available to the public.
    By connecting available data sets across the sector and correlating this with
    population demographics, we can help direct investment to the most in-demand
    types of care.
    
    "Greater value and benefits can be derived from the combination of
    information, the insights that can be gleaned from that information, and the
    application of those insights into valuable action.
    
    "The challenge is, many organisations and businesses don't have the people
    expertise or technical resource to analyse information and gain these
    insights, or if they do, there are significant obstacles to generating value.
    Drawing on a powerful and unique local cloud platform and a team of data
    experts, Qrious aims to help them overcome this challenge."
    
    "We believe there is a massive opportunity for NZ Inc. to generate
    significant economic and social benefit from smarter use of data. Global
    insights suggest this could generate value in the billions of dollars for New
    Zealand.
    
    "We have established a platform where businesses, the public sector and other
    organisations can privately and securely host their own data and combine this
    with other publicly available information to gain even greater insights. Our
    experts will help them to work with this data to derive valuable information
    and understanding."
    
    Along with this emerging Big Data phenomena is the global emergence of a new
    kind of professional, the "Data Scientist". Data Science is the unique but
    essential combination of statistics, coding skills and business acumen to
    solve business and public good problems. The challenge, is that this type of
    professional is extremely rare.
    
    In order to help build up the data science skill base within New Zealand that
    is necessary to deliver these benefits, Qrious is also establishing a Data
    Science Academy where students will be trained, tutored and tested on their
    knowledge of these new techniques. The best people will be offered
    internships and positions in this emerging and exciting industry. Details of
    the Qrious Data Science Academy can be found at www.qriousacademy.co.nz
    
    "We think people will be amazed at the innovation, efficiencies and insights
    that can be created from the better understanding of available information.
    Qrious will be the market leader in extracting these insights and helping our
    organisation and business customers comprehend and influence the forces that
    shape modern society."
    
    ENDS
    
    For follow up enquiries contact:
    Conor Roberts
    Telecom
    Head of Public Affairs
    021 124 6004
    [email protected]
    End CA:00248007 For:TEL    Type:GENERAL    Time:2014-03-10 11:02:41
    				
 
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