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Optimizing IT resources through infrastructure, people, and processes

CIO Business Intelligence

When respondents were asked what modernization imperatives are causing them to lose sleep at night, the need to improve overall IT performance (60%) topped the list, followed by data security (50%), process risk and compliance (46%), and the need to improve agility (41%). Learn more about how companies can optimize their IT.

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How Can You Use Machine Learning to Optimize Pricing in FinTech?

Smart Data Collective

It’s similar to prices – price optimization through machine learning is a great tool to grow your revenue. By processing and analyzing big amounts of data, they can help you establish optimized pricing plans. Hire machine learning to make optimal pricing decisions. Price optimization without machine learning is incomplete.

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Data Scalability Raises Considerable Risk Management Concerns

Smart Data Collective

A report by China’s International Data Corporation showed that global data would rise to 175 Zettabyte by 2025. The Relationship between Big Data and Risk Management. While the sophisticated Internet of Things can positively impact your business, it also carries a significant risk of data misuse. Vendor Risk Management (VRM).

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How to minimize remote access cyber security threats in 2024

CIO Business Intelligence

trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. Given that threat actors exploit critical vulnerabilities within mere hours of publication, this poses a serious security risk for companies. Respond to threats quickly.

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10 Examples of How Big Data in Logistics Can Transform The Supply Chain

datapine

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. The big data market is expected to exceed $68 billion in value by 2025 , a testament to its growing value and necessity across industries. Did you know?

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Climate change predictions: Anticipating and adapting to a warming world

IBM Big Data Hub

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. The International Energy Agency predicts that a combination of renewable energy and nuclear power will meet more than 90% of increased demand by 2025. Learn about the IBM Sustainability Accelerator.

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Partnering on Strategies for Data-First Modernization

CIO Business Intelligence

According to IDC , global data creation and replication will experience a compound annual growth rate (CAGR) of 23% by 2025. Upgrading IT and data security to reduce corporate risk was the No. Yet there’s no singular, one-size-fits-all framework for secure data storage and management.