Smart Data Collective

JULY 30, 2019

Big data is being used more frequently in healthcare facilities all over the world. One report shows that the global market for big data in healthcare is expected to reach $68.75 billion in 2025. However, this figure misses some important nuances, such as which areas of medicine are using big data the most.

Big Data 78

Big Data Software Risk Measurement 78

BizAcuity

APRIL 14, 2022

Big Data technology in today’s world. Did you know that the big data and business analytics market is valued at $198.08 Or that the US economy loses up to $3 trillion per year due to poor data quality? quintillion bytes of data which means an average person generates over 1.5 Big Data Ecosystem.

Big Data 52

Big Data Data Analytics Management Unstructured Data 52

Smart Data Collective

AUGUST 21, 2019

Big data is changing the future of the retail industry. One study found that the value of big data in this sector was worth $3.45 Big data is especially important in the eCommerce industry, since the market is digital. Big data is going to be even more important for companies selling digital products online.

Big Data 78

Big Data Sales Marketing Predictive Analytics 78

Smart Data Collective

DECEMBER 13, 2021

Big data has become a highly invaluable aspect of modern business. More companies are using sophisticated data analytics and AI tools to overhaul their business models. Some industries have become more dependent on big data than others. New advances in data technology have been especially beneficial for marketing.

Data-driven 135

Data-driven Marketing Strategy Big Data 135

CIO Business Intelligence

JANUARY 3, 2024

Negotiations over the sale of its legacy infrastructure services business are dragging on, and the company is contemplating the sale of more profitable activities such as its big data and security business to meet debt repayment obligations. billion loan, which it will have to repay by January 2025 at the latest. billion and €1.8

Sales 111

Sales Big Data Digital Transformation Risk 111

Smart Data Collective

SEPTEMBER 16, 2022

They are using big data technology to offer even bigger benefits to their fintech customers. The BNPL market, currently positioned as an alternative to traditional lending, will develop in the direction of online payments and will grow 10-15 times by 2025. Speaking of global fintech trends, one cannot fail to mention Big Data.

Finance 115

Finance Unstructured Data Cost-Benefit Big Data 115

Smart Data Collective

DECEMBER 17, 2020

Big data is disrupting the healthcare sector in incredible ways. The market for data solutions in healthcare is expected to be worth $67.8 billion by 2025 , which is a remarkable 303% increase from 2017. There are a lot of different applications for big data in the healthcare sector. Improved convenience.

Data-driven 116

Data-driven Big Data Software Risk 116

IBM Big Data Hub

APRIL 3, 2024

However, there will be a phase-in period for compliance, with the largest companies reporting, as required, on climate-related risks by fiscal year 2025 and on emissions by 2026. IBM offers products that help organizations track and report their environmental impact, and their exposure to climate risk. How can IBM help?

Risk 54

Risk Gap analysis Reporting Risk Management 54

IBM Big Data Hub

DECEMBER 21, 2023

According to studies quoted by Deloitte , it is estimated that AI and machine learning will contribute to a 37% increase in labor productivity by 2025. Economic challenges While reshoring removes supply chain risks of overseas production, the economics must still make sense. A robust data foundation.

Manufacturing 82

Manufacturing Cost-Benefit Machine Learning Optimization 82

IBM Big Data Hub

FEBRUARY 1, 2024

For example, in the US, the 2023-2025 CISA Cybersecurity Strategic Plan aims to increase basic-level cyber skills across the country, transform cyber education and boost the cyber workforce. Cybersecurity awareness and training Many companies struggle to understand their cyber risk.

Testing 88

Testing Data Processing Risk Consulting 88

IBM Big Data Hub

FEBRUARY 20, 2024

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. The International Energy Agency predicts that a combination of renewable energy and nuclear power will meet more than 90% of increased demand by 2025. Copernicus, Jan. link resides outside ibm.com).

Modeling 117

Modeling Forecasting Reporting Risk 117

CIO Business Intelligence

APRIL 28, 2022

Right from the start, auxmoney leveraged cloud-enabled analytics for its unique risk models and digital processes to further its mission. Particularly in Asia Pacific , revenues for big data and analytics solutions providers hit US$22.6bn in 2020 , with financial services companies ranking among their biggest clients.

Analytics 90

Analytics Insurance Big Data Uncertainty 90

IBM Big Data Hub

APRIL 18, 2023

Real-Time Payments, for example, have widely adopted ISO 20022 across many countries, and Wire Payments networks are also announcing their support plans, including Fedwire, Lynx and SWIFT, by the end of 2025. Enhanced Risk Management: better identify and manage risks, such as fraud, credit risk and operational risk.

Risk Management 113

Risk Management Cost-Benefit Risk Data-driven 113

IBM Big Data Hub

MAY 3, 2024

Risk assessments for AI and ADMT The CPPA is developing draft regulations on risk assessments alongside the proposed rules on AI and ADMT. While these are technically two separate sets of rules, the risk assessment regulations would affect how organizations use AI and ADMT. How will the rules be enforced?

Technology 68

Technology Advertising Risk Interactive 68

IBM Big Data Hub

APRIL 11, 2024

EU Parliament’s approval of the EU AI Act (March 2024) The EU AI Act aims to harmonize rules on AI systems across 27 member states to protect fundamental rights, democracy, the rule of law and environmental sustainability from high-risk AI, while boosting innovation and establishing Europe as a leader in the field.

Risk 60

Risk Risk Management Optimization Technology 60

Smart Data Collective

MARCH 19, 2020

It is estimated that the market for artificial intelligence is going to be worth nearly $400 billion by the year 2025. The global market for big data in healthcare is estimated to be worth nearly $69 billion. The market for AI is changing in spectacular ways. Some industries are driving growth for AI in impressive ways.

Big Data 96

Big Data Marketing Risk Data-driven 96

IBM Big Data Hub

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. The CSRD goes into effect this year, with qualifying companies expected to report in 2025.

Reporting 80

Reporting Consulting Risk Metrics 80

CIO Business Intelligence

JUNE 22, 2022

Japan and South Korea are expected to see 150 million IoT connections by 2025 , which will include the manufacturing and logistics sectors. The financial services industry has had to dedicate more resources to personalisation, fighting fraud, and reducing cloud concentration risk.

IoT 92

IoT IT Manufacturing Internet of Things 92

IBM Big Data Hub

APRIL 10, 2024

IDC estimates that 750 million cloud native will be built by 2025. Reduced risk and technical debt: All legacy releases are inherently risky due to a longer release cycle. The risks of not modernizing your applications include increased downtime, combined with a limited and slow response time to rapidly changing customer needs.

Cost-Benefit 92

Cost-Benefit Software Risk Marketing 92

erwin

APRIL 2, 2021

Organizations are managing more data than ever. In fact, the global datasphere is projected to reach 175 zettabytes by 2025, according to IDC. With more companies increasingly migrating their data to the cloud to ensure availability and scalability, the risks associated with data management and protection also are growing.

Data Governance 106

Data Governance Cost-Benefit Risk Metadata 106

BizAcuity

MARCH 31, 2022

By 2025, 80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance. of organizations who participated in an executive survey back in 2019 claimed they are going to be investing in big data and AI. AI Adoption and Data Strategy.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

IBM Big Data Hub

OCTOBER 26, 2023

Due to increased demand of data-driven asset management, it is critical to combine data from different areas of an organization, which in turn helps organizations discover trends, make predictions and take better informed asset management decisions. and add-ons by September 2025.

Consulting 96

Consulting Data Processing Cost-Benefit Risk 96

IBM Big Data Hub

MAY 15, 2024

Business leaders risk compromising their competitive edge if they do not proactively implement generative AI (gen AI). Organizations require reliable data for robust AI models and accurate insights, yet the current technology landscape presents unparalleled data quality challenges.

Cost-Benefit 70

Cost-Benefit Data Integration Data Architecture Manufacturing 70

Smart Data Collective

FEBRUARY 22, 2021

Big data is fundamentally altering the future of the automotive industry in wondrous ways. billion on big data solutions in 2025. The sector’s investment in data-driven technology is hardly a surprise. The industry is projected to spend $7.8 Autonomous and connected vehicles.

Analytics 84

Analytics Cost-Benefit Big Data Finance 84

Smart Data Collective

JULY 2, 2019

Big data is playing a surprisingly important role in the evolution of renewable energy. IBM recently published a fascinating paper on the applications of big data for solar and other green energy sources. Other researchers around the world are also talking about the role of data analytics in this dynamic, growing field.

Data Analytics 76

Data Analytics Internet of Things Analytics Big Data 76

IBM Big Data Hub

FEBRUARY 16, 2024

Breach and attack simulation helps security teams to: Mitigate potential cyber risk: Provides early warning for possible internal or external threats empowering security teams to prioritize remediation efforts before experiencing any critical data exfiltration, loss of access, or similar adverse outcomes.

Testing 77

Testing IoT Reporting Data-driven 77

IBM Big Data Hub

APRIL 11, 2023

Our work also extends to our data privacy and security efforts. For example, IBM maintains a multifaceted risk-management approach to identify and help address cybersecurity risks. Now, IBM is committing to training 1,000 technology suppliers in technology ethics by 2025.

Reporting 58

Reporting Risk Risk Management Technology 58

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. DORA applies to all financial institutions in the EU.

Cost-Benefit 77

Cost-Benefit Testing Strategy Risk Management 77

IBM Big Data Hub

FEBRUARY 8, 2023

billion by 2025. There is a growing need to proactively drive responsible, fair, and ethical decisions, designed to: Manage risk and reputation No organization wants to be in the news for the wrong reasons, and recently there have been a lot of stories in the press regarding issues of unfair, unexplainable, or biased AI.

Risk Management 52

Risk Management Risk Modeling Metadata 52

IBM Big Data Hub

APRIL 21, 2023

Companies that are already subject to the NFRD will need to report on 2024 data (reporting year 2025). Organizations impacted by the EU’s CSRD announcement should not just take note but action—and start building their data foundations in anticipation of upcoming reporting and disclosure requirements.

Reporting 43

Reporting Metrics Risk Strategy 43

Smart Data Collective

NOVEMBER 3, 2021

Using up-to-date lending software, banks solely in the North American market have an opportunity to save over $70 billion by 2025. Loan approval, as one of the biggest bottlenecks due to inconsistency of information between teams, may increase business risks. Integrated lending module.

Software 120

Software Data-driven Interactive Insurance 120

IBM Big Data Hub

OCTOBER 12, 2023

They’re built on machine learning algorithms that create outputs based on an organization’s data or other third-party big data sources. Sometimes, these outputs are biased because the data used to train the model was incomplete or inaccurate in some way.

Cost-Benefit 79

Cost-Benefit Metadata Data Governance Modeling 79

Cloudera

NOVEMBER 18, 2021

As a bank that understands the future of financial services as data-driven, Bank of the West chose to adopt the Cloudera platform as the linchpin of its digital transformation. In doing so, Bank of the West has modernized and centralized its Big Data platform in just one year. Data for Good. Industry Transformation.

Data Lake 76

Data Lake Cost-Benefit Digital Transformation Risk 76

Sisense

JANUARY 13, 2020

In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. The world of data in modern manufacturing. Manufacturing companies that adopted computerization years ago are already taking the next step as they transform into smart data-driven organizations.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

IBM Big Data Hub

NOVEMBER 16, 2023

Lessons will include real-life case studies and opportunities to learn about how AI can assist businesses in achieving sustainability goals and mitigating climate risks. The courses also provide instruction in data analytics contextualized around sustainability use cases.

Forecasting 76

Forecasting Technology Data-driven Consulting 76

IBM Big Data Hub

MAY 25, 2023

From overspending to cost optimization Too often, the traditional ITOps approach to managing applications is to overspend in the cloud to avoid performance risks. From a negative environmental impact to more sustainable IT Data centers account for 1-1.5% as a result. of global electricity use.

Cost-Benefit 72

Cost-Benefit Digital Transformation Optimization Data-driven 72

Smart Data Collective

SEPTEMBER 22, 2021

From the experts themselves, they believe that the coin’s price will collapse this year, pop in 2022 and gradually rise from 2025-2030. All blockchains, including Dogecoin are also at risk of a 51% attack. Of course, any cryptocurrency is going to carry risk. Security Issues.

Risk 115

Risk Marketing Measurement IT 115