Smart Data Collective

JULY 16, 2023

billion in 2021 and is expected to be worth over $19 billion in 2030. The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management. The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management.

ROI 71

ROI Data Analytics Analytics Risk Management 71

CIO Business Intelligence

FEBRUARY 24, 2023

However, as 5G becomes how enterprises get work done, it places a greater emphasis on securing networks at all layers of the Open Systems Interconnection (OSI) model. As organizations move to the next generation of connectivity, they will also need to confront potential new security risks. trillion by 2030.1

Risk 122

Risk Digital Transformation IoT Enterprise 122

CIO Business Intelligence

JANUARY 9, 2023

What they found—an innovative way to model healthcare data—is saving the company an estimated $150M annually and enabling its medical professionals to provide accurate and effective care path recommendations in real time. A testament to its potential, the market for graph technology is projected to reach $11.25B by 2030. [1]

Analytics 104

Analytics Cost-Benefit Visualization Risk 104

IBM Big Data Hub

APRIL 22, 2024

For example, we are working on a geospatial foundation model, which can be fine-tuned to track deforestation, detect greenhouse gases (GHGs) or predict crop yields. Foundation models help identify and analyze data, surface trends such as where and why populations are moving and provide insight on how to serve them with renewable energy.

IoT 84

IoT Internet of Things Cost-Benefit Reporting 84

Smart Data Collective

MARCH 23, 2022

billion on AI by 2030. This AI could be utilized as a safety feature , like real-time risk assessment, for example, alerting the driver when a potential incident has been detected. Utilizing advanced heuristics and AI modeling OEMs can simulate a multitude of conditions, fast-tracking these models using automation.

IoT 108

IoT Internet of Things Testing Cost-Benefit 108

CIO Business Intelligence

SEPTEMBER 2, 2022

At the centre of these changes are disruptive technologies like artificial intelligence, cloud computing, and machine learning, which are paving the way for new business models. trillion by 2030. Refining the balancing act of innovation and risk. One example is Banking-as-a-Service, with the market expected to reach US$3.6

Strategy 98

Strategy Digital Transformation Data Processing Risk 98

CIO Business Intelligence

AUGUST 28, 2022

At the centre of these changes are disruptive technologies like artificial intelligence, cloud computing, and machine learning, which are paving the way for new business models. trillion by 2030. Refining the balancing act of innovation and risk. One example is Banking-as-a-Service, with the market expected to reach US$3.6

Strategy 98

Strategy Digital Transformation Data Processing Risk 98

Smart Data Collective

MAY 10, 2022

For example, banks now apply AI to assess credit risks with high accuracy. According to P&S Intelligence , AI in the fintech market is expected to grow to $47 billion in 2030 from $7.7 They include; Credit risk assessment. If the AI model detects any, it can flag them for further investigation or automatically halt them.

Marketing 109

Marketing Technology Insurance Machine Learning 109

CIO Business Intelligence

APRIL 27, 2022

Cyber threats are among the top ten highest-rated critical risks of organizations today and for 2030, according to? Protiviti’s Executive Perspectives on Top Risks for 2021 and 2030. The constantly changing risk environment requires companies to be agile in how they adapt and address cyber risks. Microsoft

Technology 52

Technology ROI Risk Digital Transformation 52

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

Smart Data Collective

MARCH 2, 2021

As far as the importance of AI in cybersecurity is concerned, it enables cybersecurity professionals in detecting and resolving numerous security risks residing in corporate networks of different organizations proactively. Besides, Artificial Intelligence (AI) will replace the need for human beings in cybersecurity by the end of 2030.

Cost-Benefit 116

Cost-Benefit Risk Software IT 116

Smart Data Collective

NOVEMBER 3, 2021

However, the market for AI in banking is expected to grow over 30% a year and will be worth over $64 billion by 2030. Loan approval, as one of the biggest bottlenecks due to inconsistency of information between teams, may increase business risks. Banks have been slower to adapt AI technology than some other institutions.

Software 120

Software Data-driven Interactive Insurance 120

datapine

MAY 31, 2022

billion and is expected to expand at a rate of 15.7% (CAGR) between now and 2030. More and more CRM, marketing, and finance-related tools use SaaS business intelligence and technology, and even Adobe’s Creative Suite has adopted the model. This increases the risks that can arise during the implementation or management process.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

Smart Data Collective

JULY 21, 2022

More institutions are recognizing this, so the market for data analytics in education is projected to be worth over $57 billion by 2030. This dependency poses the risks of increased costs, time and effort, and project delays. It enables the learner to understand building information modeling (BIM) software.

Data-driven 134

Data-driven Big Data Cost-Benefit Data Analytics 134

CIO Business Intelligence

JANUARY 20, 2023

What was once an anomaly is now a global reality as remote and hybrid work models settle in across industries. Driven by the growth of cloud-based technologies, the global VDI market is projected to reach a value of more than USD78 billion by 2030. [3] They opted to run VDI in a private cloud with a pay-as-you-go consumption model.

Technology 59

Technology Cost-Benefit Deep Learning Modeling 59

CIO Business Intelligence

AUGUST 8, 2022

The risks can be mitigated however, with a managed firewall, endpoint security, good policies, and user training. According to Accenture , a majority of workers (83%) prefer a hybrid work model, and 63% of high-growth companies have already adopted a “productivity anywhere” approach to their workforce. billion by 2030.

Sales 85

Sales Cost-Benefit Digital Transformation Enterprise 85

DataRobot Blog

MARCH 15, 2022

Integrating and aligning data across organizations (acute, primary, mental health, social care, and third sector) can be challenging, but is essential to enable forward-looking population health management, strengthen risk stratification, and support the redesign of care pathways.

Prescriptive Analytics 52

Prescriptive Analytics Digital Transformation Data-driven Machine Learning 52

IBM Big Data Hub

JULY 11, 2023

According to Statista , the artificial intelligence (AI) healthcare market, valued at $11 billion in 2021, is projected to be worth $187 billion in 2030. AI-enabled robots can work around sensitive organs and tissues, reducing blood loss, infection risk and post-surgery pain. How does artificial intelligence benefit healthcare?

Deep Learning 58

Deep Learning Cost-Benefit Insurance Machine Learning 58

Alation

MAY 19, 2022

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. This is data that’s artificially produced to mimic and model real events: It retains the structure of the original data but is not the same as real data.

Metadata 52

Metadata Data Analytics Analytics Data Governance 52

Cloudera

NOVEMBER 19, 2018

One of Cloudera’s partners offers “Sustainability Services” with a goal of assisting organizations in turning costs and risks associated with changing regulatory and workforce environments, as well as supply chain uncertainties and volatile markets, into business opportunities.

Digital Transformation 40

Digital Transformation IoT Cost-Benefit Uncertainty 40

CIO Business Intelligence

FEBRUARY 26, 2024

Instead, many digitized analog-first processes and bolted them onto aging operating models. Companies will miss out if they make assumptions about business and operational models without reflecting on the possibilities afforded by AI. In short, modern operating models will be the enabler of business transformation.

Cost-Benefit 137

Cost-Benefit Modeling Data-driven Enterprise 137

Ontotext

APRIL 4, 2019

Milena Yankova : We help the BBC and the Financial Times to model the knowledge available in various documents so they can manage it. There are some predictions that it could happen as soon as 2030. But still, is there a risk that AI could replace people at their workplace? What exactly do you do for them? It’s very likely.

Recreation/Entertainment 76

Recreation/Entertainment Testing Enterprise Knowledge Discovery 76

IBM Big Data Hub

DECEMBER 20, 2023

Machine learning (ML) technologies can drive decision-making in virtually all industries, from healthcare to human resources to finance and in myriad use cases, like computer vision , large language models (LLMs), speech recognition, self-driving cars and more. However, the growing influence of ML isn’t without complications.

Machine Learning 80

Machine Learning Modeling Deep Learning Predictive Modeling 80

Cloudera

NOVEMBER 14, 2023

For instance, the UN’s 2030 Agenda for Sustainable Development has identified 17 goals for sustainability — and this can’t be highlighted enough — of which financial inclusion is “positioned prominently as an enabler in eight of the 17.”

Cost-Benefit 73

Cost-Benefit Unstructured Data Data-driven Risk 73

CIO Business Intelligence

JUNE 20, 2023

With an estimated market size of USD $30B by 2030 , the term “application security” takes on numerous forms, but one area of heightened relevance in today’s world is the DevSecOps space. Other best practices of DevSecOps include incorporating threat modeling into the process. Software Development

Cost-Benefit 98

Cost-Benefit Testing Software Reporting 98

IBM Big Data Hub

OCTOBER 20, 2023

Artificial intelligence platforms enable individuals to create, evaluate, implement and update machine learning (ML) and deep learning models in a more scalable way. trillion to the global economy in 2030, more than the current output of China and India combined.” PwC calculates that “AI could contribute up to USD 15.7

Machine Learning 78

Machine Learning Manufacturing Cost-Benefit Deep Learning 78

Smart Data Collective

AUGUST 29, 2022

Predictive analytics uses historical data to predict future trends and models , determine relationships, identify patterns, find associations, and more. The applications of predictive analytics based on ML are countless and include sales forecasting, risk evaluation, financial modeling, predictive maintenance, inventory forecasting, etc.

Analytics 114

Analytics Predictive Analytics Machine Learning Insurance 114

Cloudera

JUNE 23, 2021

Yet there are also more subtle risks to monitor, including changes to insured assets, risks, and exposures. Climate change can also impact the insurance carrier as an enterprise itself—similarly to cyber risks, insurers underwrite cyber risks for their customers, as well as manage their own risks and exposure as a company.

Insurance 52

Insurance Risk Modeling Risk Management 52

CIO Business Intelligence

MARCH 14, 2023

We also expect SAP to position alternative support options, via its extended maintenance option, for an additional 2% on your maintenance base or customer-specific maintenance through 2030. Migrating customers to RISE, its cloud offering on a subscription-based model, is of utmost importance.

Consulting 52

Consulting Strategy Management Modeling 52

Cloudera

APRIL 22, 2021

US President Biden is expected to announce an aggressive plan for the US to cut greenhouse gas emissions by 2030. Computational could increase by as much as 30x to support the modeling needs. Rigorous and continuous update to models as updates are forthcoming. We’ll see what other countries announce too. Stay tuned.

Marketing 68

Marketing Finance Insurance Reporting 68

Smart Data Collective

MAY 18, 2021

A lot of investors are using AI to boost the performance of their portfolios and find the right level of risk. They developed a machine learning model with a deep neural network that can help with fleet management. The stock market has been highly influenced by advances in big data and artificial intelligence. How is AI used by Tesla?

Marketing 73

Marketing Big Data Deep Learning Machine Learning 73