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Why Financial Services Firms are Championing Natural Language Processing

CIO Business Intelligence

But only in recent years, with the growth of the web, cloud computing, hyperscale data centers, machine learning, neural networks, deep learning, and powerful servers with blazing fast processors, has it been possible for NLP algorithms to thrive in business environments. by 2025, according to IDC.

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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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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. Some conversational AI implementations rely heavily on ML tools that incorporate neural networks and deep learning techniques. Ready to evolve your analytics strategy or improve your data quality? Just starting out with analytics?

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Digital Twin Use Races Ahead at McLaren Group

CIO Business Intelligence

The company is applying winning insights from rapid, data-driven, evolutionary models versus relying on engine speed and aerodynamics alone to win races. Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. billion by 2030. Just starting out with analytics?

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Your 5-Step Journey from Analytics to AI

CIO Business Intelligence

Data about customers, supply chains, the economy, market trends, and competitors must be aggregated and cross-correlated from myriad sources. . But the sheer volume of the world’s data is expected to nearly triple between 2020 and 2025 to a whopping 180 zettabytes. This is where artificial intelligence (AI) comes in.

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Shopping with Fraud Protection and Adaptive Artificial Intelligence

CIO Business Intelligence

The more use cases AI must accommodate, the more data is involved and the more complex the data pipeline can become. Today, 10% of data is processed outside of the data center and that figure is expected to rise to 75% by 2025. Ready to evolve your analytics strategy or improve your data quality?

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Preventing Next-Generation Fraud with Graph Database Technology

CIO Business Intelligence

trillion by 2025. Modern data analytics spans a range of technologies, from dedicated analytics platforms and databases to deep learning and artificial intelligence (AI). Ready to evolve your analytics strategy or improve your data quality? Annual losses from cybercrime worldwide are estimated to reach $10.5