The Grid and CRM: from "If" to "When"

The "Grid", an initiative of the distributed computing community, offers unprecedented levels of computing power for organisations to apply to solving their business problems. Uniquely it also offers the communications infrastructure required to overcome the "tyranny of distance"...

Full description

Bibliographic Details
Main Author: Lloyd, Ashley
Format: Journal Article
Published: Elsevier Science 2005
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/11103
_version_ 1848747716017913856
author Lloyd, Ashley
author_facet Lloyd, Ashley
author_sort Lloyd, Ashley
building Curtin Institutional Repository
collection Online Access
description The "Grid", an initiative of the distributed computing community, offers unprecedented levels of computing power for organisations to apply to solving their business problems. Uniquely it also offers the communications infrastructure required to overcome the "tyranny of distance" observed by Blainey (The Tyranny of Distance, Melbourne:Sun Books) in his analysis of the socio-economic development of Australia. However, recent reports of the "death of distance" and consequent strategies of trans-nationalcompanies to centralise their operations are tempered by reports of a growing "psychic" distance with their customers. This paper reports the application of high-performance computing (HPC) to modelling consumer behaviour within a large UK financial services company in order to predict not only "if" a certain type of customer behaviour was likely to occur, but also "when". The resultant impact on their customer relationship management strategy leads to the observation that Grid Computing should offer many new opportunities for managing the problem of "psychic" distance that attends a strategy of revenue growth through widening the geographic scope of operations, and scale efficiencies through physical centralisation.
first_indexed 2025-11-14T06:53:34Z
format Journal Article
id curtin-20.500.11937-11103
institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T06:53:34Z
publishDate 2005
publisher Elsevier Science
recordtype eprints
repository_type Digital Repository
spelling curtin-20.500.11937-111032017-09-13T16:04:16Z The Grid and CRM: from "If" to "When" Lloyd, Ashley data mining grid computing customer relationship management The "Grid", an initiative of the distributed computing community, offers unprecedented levels of computing power for organisations to apply to solving their business problems. Uniquely it also offers the communications infrastructure required to overcome the "tyranny of distance" observed by Blainey (The Tyranny of Distance, Melbourne:Sun Books) in his analysis of the socio-economic development of Australia. However, recent reports of the "death of distance" and consequent strategies of trans-nationalcompanies to centralise their operations are tempered by reports of a growing "psychic" distance with their customers. This paper reports the application of high-performance computing (HPC) to modelling consumer behaviour within a large UK financial services company in order to predict not only "if" a certain type of customer behaviour was likely to occur, but also "when". The resultant impact on their customer relationship management strategy leads to the observation that Grid Computing should offer many new opportunities for managing the problem of "psychic" distance that attends a strategy of revenue growth through widening the geographic scope of operations, and scale efficiencies through physical centralisation. 2005 Journal Article http://hdl.handle.net/20.500.11937/11103 10.1016/j.telpol.2004.11.006 Elsevier Science restricted
spellingShingle data mining
grid computing
customer relationship management
Lloyd, Ashley
The Grid and CRM: from "If" to "When"
title The Grid and CRM: from "If" to "When"
title_full The Grid and CRM: from "If" to "When"
title_fullStr The Grid and CRM: from "If" to "When"
title_full_unstemmed The Grid and CRM: from "If" to "When"
title_short The Grid and CRM: from "If" to "When"
title_sort grid and crm: from "if" to "when"
topic data mining
grid computing
customer relationship management
url http://hdl.handle.net/20.500.11937/11103