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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Patil and other experts argue that big data can help them with this.

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Big Data: The Technology Behind Retailers Success

Smart Data Collective

Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Big data in retail help companies understand their customers better and provide them with more personalized offers. Big data is a not new concept, and it has been around for a while.

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Ahead of the curve: How generative AI is revolutionizing the content supply chain

IBM Big Data Hub

Modernizing a workflow to introduce a content supply chain means disruption and uncertainty. These new technologies can garner a lot of power and a level of uncertainty. But with major transformations such as these come potential risks and any organization interested in generative AI should be taking steps to mitigate said risks.

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Turning the page

Cloudera

Cloudera will benefit from the operating capabilities, capital support and expertise of Clayton, Dubilier & Rice (CD&R) and KKR – two of the most experienced and successful global investment firms in the world recognized for supporting the growth strategies of the businesses they back. So what’s our next big idea? What a day.

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Is there a “right” cloud strategy for banking?

IBM Big Data Hub

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach.

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Enterprise Architecture: Secrets to Success

erwin

Today, enterprises are trying to grow and innovate – while cutting costs and managing compliance – in the midst of a global pandemic. managing risk vs ROI and emerging countries)? Compliance and Legislation : How do we manage uncertainty around legislative change (e.g., big data, analytics and insights)?

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Enhance your Lending with Predictive Analytics

BizAcuity

The consumer lending business is centered on the notion of managing the risk of borrower default. Credit scoring systems and predictive analytics model attempt to quantify uncertainty and provide guidance for identifying, measuring and monitoring risk. Benefits of Predictive Analytics in Unsecured Consumer Loan Industry.