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Our Top Data and Analytics Predicts for 2021

Andrew White

By 2024 , 60% of the data used for the development of AI and analytics solutions will be synthetically generated. By 2025, 80% of data and analytics governance initiatives focused on business outcomes, rather than data standards, will be considered essential business capabilities.

Analytics 144
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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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You Can’t Hit What You Can’t See

Cloudera

Data observability provides insight into the condition and evolution of the data resources from source through the delivery of the data products. Barr Moses of Monte Carlo presents it as a combination of data flow, data quality, data governance, and data lineage.

Metrics 82
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Why Financial Services Firms are Championing Natural Language Processing

CIO Business Intelligence

In business, when a trend is forecast to grow by more than 3000% and generate cost savings of $7.3 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. NLP will account for $35.1

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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.

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FAQs: Preparing for the EU CSRD Directive and ESRS Standards

Jet Global

The CSRD and the ESRS will be implemented in 4 stages, the first of which will enter into force in 2025 and will apply to the financial year 2024. Companies will have to publish their first sustainability reports under the new standards by as soon as 2025 1. Reports due in 2025. Reports due in 2026.

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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 forecasts that in 2023 the global operational cost savings from chatbots in banking will reach $7.3 Ready to evolve your analytics strategy or improve your data quality? Just starting out with analytics?