CIO Business Intelligence

JULY 23, 2023

More than 60% of corporate data is unstructured, according to AIIM , and a significant amount of this unstructured data is in the form of non-traditional “records,” like text and social media messages, audio files, video, and images.

Data Governance 86

Data Governance Unstructured Data Cost-Benefit Machine Learning 86

CIO Business Intelligence

OCTOBER 11, 2023

AI can help by proactively monitoring operations and flagging when an organization is at risk for non-compliance. AI models can also help evaluate risks, and generative AI can offer suggestions for mitigating those risks. Read about unstructured data storage solutions and find out how they can enable AI technology.

Unstructured Data 134

Unstructured Data Uncertainty Risk Data Processing 134

Cloudera

DECEMBER 11, 2020

That compares to only 36 percent of customer interactions as of December 2019, which was before the pandemic impacted business, and only 20 percent in May 2018. Data Variety. Insurance and finance are two industries that rely on measuring risk with historical data models. This can be done at speed, and at scale.

Insurance 95

Insurance Digital Transformation Unstructured Data Machine Learning 95

Smart Data Collective

DECEMBER 18, 2020

For example, the 2018 Camp Fire in California that tore through large portions of the state, eventually burning over 150,000 acres and destroying more than 18,000 structures, began in the blink of an eye; it spread over the first seven miles in less than 90 minutes. Worsening Disasters Highlight the Need for New Assistive AI Solutions.

Cost-Benefit 89

Cost-Benefit Unstructured Data Big Data Risk 89

erwin

JANUARY 17, 2020

Thanks to organizations like Amazon, Netflix and Uber, businesses have changed how they leverage their data and are transforming their business models to innovate – or risk becoming obsolete. As such in a modern business context, the three Vs have become somewhat of an Achilles’ heel for SQL databases.

Data-driven 138

Data-driven Modeling Metadata Data Governance 138

Cloudera

FEBRUARY 15, 2024

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk.

Insurance 88

Insurance Data Architecture Risk Management Risk 88

CIO Business Intelligence

SEPTEMBER 13, 2023

These, and other global data privacy regulations, such as EUCS, the AI Act and the Data Act are creating an environment of regional ‘protectionism’ and concerns regarding data ownership and privacy. According to this paper, globally 145 countries have data privacy laws, up from 132 in 2018.

IT 92

IT Unstructured Data Uncertainty Strategy 92