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Innovative data integration in 2024: Pioneering the future of data integration

CIO Business Intelligence

According to a recent report by InformationWeek , enterprises with a strong AI strategy are 3 times more likely to report above-average data integration success. Additionally, a study by McKinsey found that organisations leveraging AI in data integration can achieve an average improvement of 20% in data quality.

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NLP Isn’t Enough. Leading Financial Services Companies Are Now Moving to Conversational AI.

CIO Business Intelligence

According to IDC , worldwide spending on AI will likely top $204 billion by 2025. Juniper Research predicts that chatbots will account for 79% of successful mobile banking interactions in 2023. It can also help speed up customer service interactions and provide sophisticated support any time of day. .

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6 BI challenges IT teams must address

CIO Business Intelligence

Every day, organizations of every description are deluged with data from a variety of sources, and attempting to make sense of it all can be overwhelming. By 2025, it’s estimated we’ll have 463 million terabytes of data created every day,” says Lisa Thee, data for good sector lead at Launch Consulting Group in Seattle.

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Systems Thinking and Data Science: a partnership or a competition?

Jen Stirrup

The RPA market may grow to $25 billion in 2025 according to Forrester, and it has the promise of supporting digital transformation through streamlining digital transformation ( Reference ). Therefore, interacting with systems using minimal technical skills is very beneficial. However, that five per cent is only part of the story.

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Preventing Next-Generation Fraud with Graph Database Technology

CIO Business Intelligence

trillion by 2025. If a specific email or login credential is identified in a potentially fraudulent transaction, all future interactions with this email or credential can be subject to additional scrutiny. Graph database technology can provide benefits beyond fraud detection. Real-time Fraud Detection.

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Harnessing Streaming Data: Insights at the Speed of Life

Sisense

Dealing with Data is your window into the ways data teams are tackling the challenges of this new world to help their companies and their customers thrive. Streaming data analytics is expected to grow into a $38.6 billion market by 2025. Let’s look at a few ways that different industries take advantage of streaming data.

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Top Graph Use Cases and Enterprise Applications (with Real World Examples)

Ontotext

Gartner predicts that graph technologies will be used in 80% of data and analytics innovations by 2025, up from 10% in 2021. Use Case #6: Data Quality and Governance The size and complexity of data sources and datasets is making traditional data dictionaries and Entity Relationship Diagrams (ERD) inadequate.