Smart Data Collective

JUNE 19, 2022

AI is particularly helpful with managing risks. Many suppliers are finding ways to use AI and data analytics more effectively. How AI Can Help Suppliers Manage Risks Better. Failure or Delay Risk. This risk is best defined as a complete supply or service failure, which can be permanent or temporary.

Risk 134

Risk Cost-Benefit Risk Management Manufacturing 134

Smart Data Collective

JUNE 24, 2021

Data analytics has dramatically upended our lives. One of the biggest implications of data analytics technology in the 21st Century is that it has led to a number of new cybersecurity solutions. More cybersecurity professionals are employing it as they discover the importance of data analytics in stopping cyberattacks.

Data Analytics 90

Data Analytics Analytics Internet of Things Measurement 90

Smart Data Collective

JUNE 26, 2019

The insurance industry is based on the idea of managing risk. To determine this risk, the industry must consult data and see what trends are evident to draft their risk profiles. The twenty-first century offers a lot of exciting innovations when it comes to data processing and analytics.

Insurance 95

Insurance Data Analytics Analytics IoT 95

CIO Business Intelligence

MARCH 18, 2024

Every business in some form or another is looking to adopt and integrate emerging technologies—whether that’s artificial intelligence, hybrid cloud architectures, or advanced data analytics—to help achieve a competitive edge and reach key operational goals. So, who needs to adhere to DORA?

Risk Management 95

Risk Management Insurance Risk Testing 95

Cloudera

APRIL 18, 2024

In the financial sector, regulations are essential for financial institutions to maintain stability by preventing excessive risk-taking, ensuring adequate capitalization and reducing the likelihood of failures or financial crises.

Risk Management 76

Risk Management Risk Testing Management 76

CIO Business Intelligence

MAY 9, 2024

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. Companies want candidates who can drive innovation, deliver meaningful business results, and work closely with other leaders to manage risks.

Risk Management 131

Risk Management Risk Cost-Benefit Technology 131

Cloudera

MAY 18, 2021

With Flink SQL, business analysts, developers, and quants alike can quickly build a streaming pipeline to perform complex data analytics in real time. In this article, we will be using synthetic market data generated by an agent-based model (ABM) developed by Simudyne. Intraday VaR. Image Source: [link].

Risk 99

Risk Marketing Risk Management Data-driven 99

BizAcuity

APRIL 6, 2022

Hence, a lot of time and effort should be invested into research and development, hedging and risk management. Crypto casinos need a solid operation strategy, an analytics platform and a fail-safe mechanism in place. Moreover, there should be a powerful data management and analytics pipeline for operational usage.

Data Analytics 52

Data Analytics Analytics B2B Deep Learning 52

BizAcuity

MARCH 31, 2022

Combined, it has come to a point where data analytics is your safety net first, and business driver second. By 2025, 80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance. AI Adoption and Data Strategy. Source: Gartner Research).

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

AWS Big Data

FEBRUARY 1, 2024

Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. This will be your OLTP data store for transactional data. version cluster.

Data Warehouse 123

Data Warehouse Dashboards Risk Management Risk 123

Smart Data Collective

OCTOBER 14, 2019

That is how “big” the need for big data analytics came to be. More specifically, big data analytics offers users the ability to generate relevant insights from heaps of data. InfoSec specialists, in particular, find big data analytics very helpful in analyzing online threats.

Big Data 69

Big Data Data Analytics Analytics Unstructured Data 69

Smart Data Collective

SEPTEMBER 17, 2020

Nowadays, terms like ‘Data Analytics,’ ‘Data Visualization,’ and ‘Big Data’ have become quite popular. In this modern age, each business entity is driven by data. Data analytics are now very crucial whenever there is a decision-making process involved. Perks Associated with Big Data.

Big Data 142

Big Data Finance Risk Management Risk 142

CIO Business Intelligence

APRIL 28, 2022

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.

Analytics 79

Analytics Insurance Big Data Uncertainty 79

Smart Data Collective

JUNE 3, 2021

Analytics technology is becoming integral to the field of finance. The market for financial analytics services is projected to be worth over $11 billion within the next five years. Analytics is particularly important for developing strategic financial management policies. Role of Analytics in Strategic Financial Planning.

Management 90

Management Finance Analytics Analytics Technologies 90

CIO Business Intelligence

SEPTEMBER 14, 2023

Nasdaq is currently using gen AI for a range of applications, including supporting digital investigators’ efforts to identify financial crime risk and empowering corporate boards to consume presentations and disclosures more efficiently.

Risk Management 107

Risk Management Risk Marketing Cost-Benefit 107

IBM Big Data Hub

APRIL 18, 2023

Increased automation: ISO 20022 provides a more structured way of exchanging payment data, enabling greater automation and reducing the need for manual intervention, all of which help reduce errors and improve overall payment processing efficiency. Helping to reduce losses and improve overall financial performance.

Risk Management 110

Risk Management Cost-Benefit Risk Data-driven 110

CIO Business Intelligence

OCTOBER 17, 2022

DORA’s uniform requirements for the security of network and information systems encompass not only enterprises in the financial sector, but also critical third-party vendors providing information and communications technology–related services to the financial sector, such as cloud platforms and data analytics.

Risk Management 93

Risk Management Risk Enterprise Testing 93

Andrew White

JANUARY 11, 2021

It was titled, The Gartner 2021 Leadership Vision for Data & Analytics Leaders. This was for the Chief Data Officer, or head of data and analytics. The fill report is here: Leadership Vision for 2021: Data and Analytics. Which industry, sector moves fast and successful with data-driven?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

CIO Business Intelligence

FEBRUARY 20, 2024

Microsoft Copilot can bring to bear a range of capabilities to help manufacturers mitigate risk, manage their inventory, improve planning, and make informed decisions quickly across the entire supply chain. Product optimisation.

Manufacturing 80

Manufacturing Sales Risk Management Forecasting 80

Dataiku

JANUARY 13, 2022

Governance is often the last thing that data, analytics, and AI teams want to think about, but it is one of the keys to delivering AI at scale. With the new functionality, new roles are joining the AI team, including program and risk managers, analytics leaders, and even domain experts.

Risk Management 64

Risk Management Risk Data Analytics Management 64

IBM Big Data Hub

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 78

Cost-Benefit Scorecard Risk Recreation/Entertainment 78

Smart Data Collective

OCTOBER 13, 2021

Take advantage of data analytics. One of the biggest reasons AI has become so valuable is that it is so tightly integrated with data analytics. Using data analytics technology, you can study this data to gain valuable insights to help with decision-making. Consider improving user experience.

Technology 122

Technology Cost-Benefit Experimentation Machine Learning 122

Cloudera

AUGUST 21, 2021

Data enables better informed critical decisions, such as what new markets to expand in and how to do so. It provides direction for a robust business strategy that has taken into account risks and ways to manage them. Since leveraging Cloudera’s data platform, Rabobank has been able to improve its customers’ financial management.

Data-driven 103

Data-driven Digital Transformation Risk Risk Management 103

Cloudera

JULY 29, 2022

Is yours among the organizations hoping to cash in big with a big data solution? Organizations have good reason to believe that adopting data analytics tools and hiring data professionals will allow them to extract the full value of their data. Read on to be sure you set yourself up for success. .

Data Architecture 89

Data Architecture Data Strategy Risk Management Strategy 89

IBM Big Data Hub

JANUARY 30, 2024

Finance: Optimized for high-speed transactions and can assist in providing robust security, harnessing AI for fraud detection and real-time risk management. Healthcare: Support telemedicine and patient data analytics, requiring stringent compliance regulations.

Manufacturing 71

Manufacturing Business Objectives Optimization Risk Management 71

Cloudera

FEBRUARY 24, 2021

Here’s my take on some of the trends specific to the impact that data, analytics and AI/ML will have as we look at the year ahead. . Trend #1: The Crossroads of Risk Management and Emerging Technology. Artificial intelligence and machine learning (AI/ML) will be central to risk modeling in 2021 and the future.

Risk Management 61

Risk Management Risk Recreation/Entertainment Machine Learning 61

Smart Data Collective

JULY 4, 2021

What Machine Learning Means to Asset Managers. On the finance side of businesses, asset management firms are utilizing machine learning with computerized maintenance management systems (CMMS) and data analytics to manage digital assets. Risk Management. For Non-Tech Users.

Machine Learning 143

Machine Learning Management B2B Unstructured Data 143

Smart Data Collective

MARCH 27, 2023

Our lives are being affected by big data more than ever. Therefore, it should be no surprise that the big data analytics market is projected to be worth $655 billion by 2027. However, the rise of big data has also led to greater security risks. Businesses need to bolster their data security as a result.

Big Data 94

Big Data Risk Risk Management Finance 94

AWS Big Data

FEBRUARY 13, 2023

As trusted advisors to card networks and Fortune 500 companies, we are known for our expertise in the areas of transaction risk management, chargeback mitigation, fraud prevention, and dispute intelligence. Chargebacks are costing merchants up to 40% of their overall revenue if left unchecked.

Dashboards 52

Dashboards Risk Management Forecasting Risk 52

AWS Big Data

MARCH 8, 2024

Unsupervised machine learning analytics has emerged as a powerful tool for anomaly detection in today’s data-rich landscape, especially with the growing volume of machine-generated data. In-stream anomaly detection offers real-time insights into data anomalies, enabling proactive response.

Data Processing 98

Data Processing Risk Management Machine Learning Big Data 98

Ontotext

FEBRUARY 26, 2024

The answers to these foundational questions help you uncover opportunities and detect risks. We bundle these events under the collective term “Risk and Opportunity Events” This post is part of Ontotext’s AI-in-Action initiative aimed to empower data, scientists, architects and engineers to leverage LLMs and other AI models.

Data-driven 59

Data-driven Risk Modeling Risk Management 59

CIO Business Intelligence

SEPTEMBER 29, 2022

New York-based insurance provider Travelers, with 30,000 employees and 2021 revenues of about $35 billion, is in the business of risk. Managing all of its facets, of course, requires many different approaches and tools to achieve beneficial outcomes, and Mano Mannoochahr, the companyâ??s Watch the full video below for more insights.

Machine Learning 120

Machine Learning Insurance Technology Software 120

FineReport

MARCH 24, 2024

Rapid technological advancements and extensive networking have propelled the evolution of data analytics, fundamentally reshaping decision-making practices across various sectors. In this landscape, data analysts assume a pivotal role, tasked with interpreting data to drive informed decision-making.

Statistics 52

Statistics Data mining Visualization Reporting 52

CIO Business Intelligence

JUNE 8, 2023

The demand for project managers has grown, with salaries for this role increasing by 15.6% Key skills for the role include resource allocation, risk and change management, quality assurance, communication, and leadership and team building. percent since 2021, according to Dice.

IT 134

IT Digital Transformation Software Risk 134

CIO Business Intelligence

APRIL 27, 2023

For technologists with the right skills and expertise, the demand for talent remains and businesses continue to invest in technical skills such as data analytics, security, and cloud. They’re required to work closely with upper management, executives, and key stakeholders to identify business needs and requirements.

IT 112

IT Software Risk Management 112

Jet Global

AUGUST 28, 2023

29, 2023 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today announced it acquired Vizlib , a UK-based software company that builds powerful value-added products for Qlik Sense. The company has experienced tremendous growth with a five-year percentage growth rate of 425 percent.

Dashboards 75

Dashboards Visualization Finance Data Quality 75

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. I am head of Products here, which comprises of R&D, Product Management and Global Customer support.

Insurance 150

Insurance Risk IoT Cost-Benefit 150