Smart Data Collective

FEBRUARY 2, 2021

Big Data is more than a trend or a buzzword. In 2020, the size of the global Big Data market reached 56 billion, and it’s on track to exceed 103 billion by 2027. Consumers are generating huge amounts of data at a rapid rate, and it is estimated that up to 90% of all data was generated only in the past two years.

Big Data 84

Big Data Recreation/Entertainment Cost-Benefit Finance 84

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 94

Insurance Data Analytics Analytics IoT 94

BizAcuity

APRIL 6, 2022

Hence, a lot of time and effort should be invested into research and development, hedging and risk management. It also means heavy investments on data storage, management, security and speed at which data should be processed. A casino can profit a great deal out of cryptocurrencies.

Data Analytics 52

Data Analytics Analytics B2B Deep Learning 52

Smart Data Collective

SEPTEMBER 21, 2021

Retailers around the world are discovering that big data can be incredibly valuable to their bottom lines. A growing number of businesses are starting to look for new data-driven approaches to streamline their business models. If you have a reliable data analytics platform, then you can do this much more quickly.

Data-driven 108

Data-driven Metrics Sales Big Data 108

AWS Big Data

MARCH 8, 2024

In-stream anomaly detection helps you save on indexing and avoids the need for extensive resources to handle big data. It lets organizations apply the appropriate resources at the appropriate time, managing large data efficiently and saving money. Leave any thoughts and questions in the comments.

Data Processing 94

Data Processing Risk Management Machine Learning Big Data 94

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

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. We also used FactSet’s market data solutions for historical and streaming market quotes and trades.

Data Warehouse 119

Data Warehouse Dashboards Risk Management Risk 119

datapine

AUGUST 29, 2022

The saying “knowledge is power” has never been more relevant, thanks to the widespread commercial use of big data and data analytics. The rate at which data is generated has increased exponentially in recent years. Essential Big Data And Data Analytics Insights. trillion each year.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

CIO Business Intelligence

APRIL 28, 2022

Its success is one of many instances illustrating how the financial services industry is quickly recognizing the benefits of data analytics and what it can offer, especially in terms of risk management automation, customized experiences, and personalization. . compounded annual growth from 2019 to 2024. .

Analytics 98

Analytics Insurance Big Data Uncertainty 98

Smart Data Collective

APRIL 22, 2020

Big data has turned the software industry on its head. The relationship between software development and big data is a two-way street. While many software developers are looking to create new applications that use big data, they are also using big data to streamline development.

Data-driven 92

Data-driven Software Big Data Testing 92

IBM Big Data Hub

APRIL 18, 2023

ISO 20022 drives improved analytics and new revenue opportunities ISO 20022 enables more sophisticated payment analytics by providing a richer data set for analysis. Improved Analytics: financial institutions can access more detailed information about each transaction, enabling more sophisticated payment analytics.

Risk Management 119

Risk Management Cost-Benefit Risk Data-driven 119

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. To date, we have helped businesses worldwide recover over $2 billion in lost revenue.

Dashboards 52

Dashboards Risk Management Forecasting Risk 52

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 80

Manufacturing Business Objectives Optimization Risk Management 80

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 86

Cost-Benefit Scorecard Risk Recreation/Entertainment 86

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

OCTOBER 13, 2023

In the next six to 12 months, some of the most popular anticipated uses for gen AI include content creation (42%), data analytics (53%), software development (41%), business insight (51%), internal customer support (45%), product development (40%), security (42%), and process automation (51%).

Deep Learning 143

Deep Learning Machine Learning Modeling Software 143

CIO Business Intelligence

MARCH 24, 2023

A framework for managing data 10 master data management certifications that will pay off Big Data, Data and Information Security, Data Integration, Data Management, Data Mining, Data Science, IT Governance, IT Governance Frameworks, Master Data Management

Data Governance 142

Data Governance Management Metadata Data Quality 142

Smart Data Collective

AUGUST 19, 2023

Data analytics technology has significantly improved the state of finance. The financial analytics market size was worth $7.99 We have talked about some of the many ways that data analytics technology is changing the state of finance. Risk is an ever-present companion in the world of finance.

Risk 86

Risk Data Analytics Analytics Finance 86

Sisense

SEPTEMBER 3, 2020

We live in a constantly-evolving world of data. That means that jobs in data big data and data analytics abound. The wide variety of data titles can be dizzying and confusing! In The Future of Work , we explore how companies are transforming to stay competitive as global collaboration becomes vital.

Statistics 97

Statistics Metrics Visualization Finance 97

Smart Data Collective

JUNE 3, 2021

Some of the benefits of analytics for strategic financial planning include the following: Improving employee engagement. Analytics tools enable companies to assess the performance of employees across various metrics and find ways to improve performance. Making better risk assessments. Conducting better asset valuations.

Management 91

Management Finance Analytics Analytics Technologies 91

Smart Data Collective

AUGUST 31, 2023

Data analytics has had a tremendous impact on the financial sector in recent years. Therefore, it should be no surprise that the market for financial analytics is projected to be worth nearly $19 billion by 2030. There are a ton of great benefits of using data analytics in finance.

ROI 96

ROI Data Analytics Analytics Risk 96

datapine

MARCH 31, 2022

BI Data Scientist. A data scientist has a similar role as the BI analyst, however, they do different things. While analysts focus on historical data to understand current business performance, scientists focus more on data modeling and prescriptive analysis.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

Smart Data Collective

DECEMBER 15, 2020

Big data has had a tremendous impact on the financial industry. One of the biggest financial applications of new data technology involves stock trading. You can significantly increase the profitability of your trades by investing in top-of-the-line analytics technology. How Can Data Analytics Assist with Stock Trading.

Data Analytics 66

Data Analytics Analytics Big Data Risk 66

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. Uncertain economic conditions. Source: Gartner Research).

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Cloudera

JANUARY 22, 2019

In conjunction with the evolving data ecosystem are demands by business for reliable, trustworthy, up-to-date data to enable real-time actionable insights. Big Data Fabric has emerged in response to modern data ecosystem challenges facing today’s enterprises. What is Big Data Fabric? Data access.

Big Data 44

Big Data Data Lake Internet of Things Enterprise 44

Cloudera

JULY 29, 2022

Corporations are generating unprecedented volumes of data, especially in industries such as telecom and financial services industries (FSI). However, not all these organizations will be successful in using data to drive business value and increase profits. Is yours among the organizations hoping to cash in big with a big data solution?

Data Architecture 83

Data Architecture Data Strategy Risk Management Strategy 83

TDAN

DECEMBER 31, 2019

If you are targeted by a criminal online, then you risk losing everything— from your essential data to your reputation. The average cost of a global data breach cost has increased in 2019 and is now $3.92 Cyber-attacks are a huge problem for today’s businesses.

Risk 69

Risk Risk Management Data Architecture Data Strategy 69

erwin

FEBRUARY 4, 2021

However, organizations still encounter a number of bottlenecks that may hold them back from fully realizing the value of their data in producing timely and relevant business insights.

Data Governance 89

Data Governance Metadata Data Quality Risk Management 89

CIO Business Intelligence

DECEMBER 7, 2022

Security tops the list According to this year’s State of the CIO survey , cybersecurity and risk management are the top investment areas for 45% of IT leader respondents. For the immediate future, Lovelock says, budget issues will be, if not completely stable, at least manageable.

IT 132

IT Insurance Cost-Benefit Risk Management 132

IBM Big Data Hub

JANUARY 30, 2024

Data silos: With data spread across multiple clouds and platforms, an organization risks creating data silos. Data silos cause visibility issues and can negatively impact data analytics by preventing teams from sharing a holistic view of consolidated data to collaborate and make business decisions.

Strategy 101

Strategy Cost-Benefit Risk Optimization 101

Grooper

OCTOBER 23, 2019

Responsibility for managing your company’s data must be clearly defined and supported. For example, business growth, profits, cost and performance optimization, efficiency, compliance, and risk management. Edwards Deming said, “In God we trust, all others must bring data.”

Metrics 59

Metrics Measurement Strategy Optimization 59

datapine

FEBRUARY 22, 2022

Over the past 5 years, big data and BI became more than just data science buzzwords. Without real-time insight into their data, businesses remain reactive, miss strategic growth opportunities, lose their competitive edge, fail to take advantage of cost savings options, don’t ensure customer satisfaction… the list goes on.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

Andrew White

JANUARY 11, 2021

Value Management or monetization. Risk Management (most likely within context of governance). Product Management. Note: Delivery of data, analytics solutions and the sustainment of technology, data and services is a question. Saul Judah is our main person focusing on D&A risk management.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52