Remove 2021 Remove Data-driven Remove Risk Remove Strategy
article thumbnail

Our Top Data and Analytics Predicts for 2021

Andrew White

Predicts 2021: Data and Analytics Leaders Are Poised for Success but Risk an Uncertain Future : By 2023, 50% of chief digital officers in enterprises without a chief data officer (CDO) will need to become the de facto CDO to succeed. By 2024, 10% of digital commerce orders will be predicted and initiated by AI.

Analytics 144
article thumbnail

ANZ Bank’s Advances Data-Driven Analytics With Cloudera

Cloudera

In 2021, ANZ Bank unveiled its strategy to drive digital transformation, increase their speed to market and become more agile. The EBD platform supports more than 10 internal and customer-facing groups with their Data Operations and Data Discovery requirements.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

4 IT Management Best Practices Data-Driven Businesses Must Practice

Smart Data Collective

Data-driven businesses are far more successful than companies that don’t utilize data to their advantage. Unfortunately, they often find that managing their data effectively can be a challenge. Companies that rely on big data need a reliable IT department. Build A Clear Strategy.

article thumbnail

What is Model Risk and Why Does it Matter?

DataRobot Blog

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. What is a model?

Risk 111
article thumbnail

Benefits of PoLP in Stopping Data-Driven Cyberattacks

Smart Data Collective

Big data has made the field of cybersecurity a lot more complicated. On the one hand, many cybersecurity professionals are using big data technology to fortify their defenses and more easily respond to cybersecurity threats. They are using big data to orchestrate more viscous attacks than ever before.

article thumbnail

Express Cloudera POV on 2021 data trends in insurance

Cloudera

2021 looks likely to be defined by a new phase: Thriving on digital transformation, rather than just surviving through it. . We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19. I’m sure you’ve already ready a number of trends and forecasts for 2021.

Insurance 105
article thumbnail

Incremental Strategies to Move Your Data Strategy Forward Remove Obstacles to Unlock Possibilities in Financial Services

Cloudera

Data-fuelled innovation requires a pragmatic strategy. This blog lays out some steps to help you incrementally advance efforts to be a more data-driven, customer-centric organization. For example, providers can start by including more real-time data streams that can enhance customer interactions.

Strategy 104