Remove 2022 Remove Business Intelligence Remove Data Lake Remove Data Processing
article thumbnail

What a quarter century of digital transformation at PayPal looks like

CIO Business Intelligence

From 2016 to 2022, the company went from processing a payments volume of $354 billion to $1.36 At the lowest layer is the infrastructure, made up of databases and data lakes. These applications live on innumerable servers, yet some technology is hosted in the public cloud. trillion last year.

article thumbnail

5 ways to maximize your cloud investment

CIO Business Intelligence

For example, if a cloud vendor hosts a data lake that requires operational technology data to synchronize and feed back into a decision algorithm on the production line, we measure latency. In this quarter, 74% of large enterprises report having FinOps teams and processes in place, up from 61% in 2022,” he says.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FINRA CIO Steve Randich pushes the public cloud forward

CIO Business Intelligence

Deploying new data types for machine learning Mai-Lan Tomsen-Bukovec, vice president of foundational data services at AWS, sees the cloud giant’s enterprise customers deploying more unstructured data, as well as wider varieties of data sets, to inform the accuracy and training of ML models of late.

article thumbnail

How The Cloud Made ‘Data-Driven Culture’ Possible | Part 1

BizAcuity

The cloud market is well on track to reach the expected $495 billion dollar mark by the end of 2022. 2007: Amazon launches SimpleDB, a non-relational (NoSQL) database that allows businesses to cheaply process vast amounts of data with minimal effort. The platform is built on S3 and EC2 using a hosted Hadoop framework.

article thumbnail

UAB IT helps fuel genomic breakthroughs

CIO Business Intelligence

Next up: AI and data lake decisions. To that end, UAB’s next step is to tackle big decisions around expanding its AI and data analytics platforms, says Carver, who is not handling the long-term planning alone. UAB is a big Microsoft customer but also has master service agreements with Amazon and Google, Carver says.

IT 84
article thumbnail

CIOs rise to the ESG reporting challenge

CIO Business Intelligence

“Always the gatekeepers of much of the data necessary for ESG reporting, CIOs are finding that companies are even more dependent on them,” says Nancy Mentesana, ESG executive director at Labrador US, a global communications firm focused on corporate disclosure documents.

Reporting 104
article thumbnail

How smava makes loans transparent and affordable using Amazon Redshift Serverless

AWS Big Data

To bring their customers the best deals and user experience, smava follows the modern data architecture principles with a data lake as a scalable, durable data store and purpose-built data stores for analytical processing and data consumption. This is the Data Mart stage.