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Data Scalability Raises Considerable Risk Management Concerns

Smart Data Collective

Many businesses globally are dealing with big data which brings along a mix of benefits and challenges. A report by China’s International Data Corporation showed that global data would rise to 175 Zettabyte by 2025. This growth means that you should prepare to handle even larger internal and external data soon.

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Gartner Data & Analytics Summit 2022 in London: 3 Key Takeaways

Alation

Gartner Data & Analytics Summit 2022: Keynote Highlights. A Gartner survey found that 57% of Boards of Directors have increased their risk appetites, and data & analytics are fueling more risky (and potentially rewarding) projects. Leaders agree: Data needs to drive business results.

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4 Tips for Processing Real-Time Data

CIO Business Intelligence

Several factors make such scaling difficult: Massive Data Growth: Global data creation is projected to exceed 180 zettabytes by 2025. Real-time Analytics: The amount of real-time data in the global datasphere will grow from 9.5 zettabyes in 2020 to 51 zettabytes in 2025. Just starting out with analytics?

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Why Financial Services Firms are Championing Natural Language Processing

CIO Business Intelligence

Research by the Economist Intelligence Unit found that 86% of financial services firms plan to increase their AI-related investments through 2025. . by 2025, according to IDC. Intel® Technologies Move Analytics Forward. Data analytics is the key to unlocking the most value you can extract from data across your organization.

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A summary of Gartner’s recent DataOps-driven data engineering best practices article

DataKitchen

are more efficient in prioritizing data delivery demands.” Release New Data Engineering Work Often With Low Risk: “Testing and release processes are heavily manual tasks… automate these processes.” Learn, improve, and iterate quickly (with feedback from the customer) with low risk. What if you took another perspective?

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Transforming FSI in ASEAN with Cloud Analytics

CIO Business Intelligence

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.

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Shopping with Fraud Protection and Adaptive Artificial Intelligence

CIO Business Intelligence

million rules are applied to each transaction to assess its risk. Today, 10% of data is processed outside of the data center and that figure is expected to rise to 75% by 2025. Consider evaluating the risk of accepting payments from a new merchant will little to no history. Just starting out with analytics?