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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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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. Modern data analytics spans a range of technologies, from dedicated analytics platforms and databases to deep learning and artificial intelligence (AI).

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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.

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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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Building a Data Strategy for Defence Partners

Alation

It also recognised that more and more data was being harvested — but that challenges remained over how to extract truly valuable insight from it. It also set out a detailed plan to make data ‘ an enduring, strategic asset ’, with clear goals to be reached by 2025. What is a data strategy?

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12 Cloud Computing Risks & Challenges Businesses Are Facing In These Days

datapine

Like many other branches of technology, security is a pressing concern in the world of cloud-based computing, as you are unable to see the exact location where your data is stored or being processed. This increases the risks that can arise during the implementation or management process. Cost management and containment.

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