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Data Scalability Raises Considerable Risk Management Concerns

Smart Data Collective

Are you frustrated by an increase in the quantity of the data that your organization handles? Many businesses globally are dealing with big data which brings along a mix of benefits and challenges. A report by China’s International Data Corporation showed that global data would rise to 175 Zettabyte by 2025.

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Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

Big data and predictive analytics are increasingly being used to improve forecasting accuracy, allowing businesses to respond more effectively to changes in customer needs. A supply chain control tower can connect many sources of data-driven information and improve end-to-end visibility.

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A Guide To Starting A Career In Business Intelligence & The BI Skills You Need

datapine

S/He is responsible for providing cost-effective solutions to achieve business objectives, comparing operational progress against project development while assisting in planning budgets, forecasts, timelines, and developing reports on performance metrics. BI Data Scientist. SAS BI: SAS can be considered the “mother” of all BI tools.

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What is Integrated Business Planning (IBP)?

IBM Big Data Hub

Risk management IBP facilitates proactive risk management by considering various scenarios and identifying potential risks and opportunities. By analyzing data and conducting what-if analyses, companies can develop contingency plans and mitigate risks before they materialize.

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Six EAM trends pushing the oil and gas industries forward

IBM Big Data Hub

EAM systems can include functions like maintenance management, asset lifecycle management , inventory management and work order management, among others. Access to asset/system simulations can enable more proactive maintenance planning, improved decision-making and better risk management.

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Unlock The Power of Your Data With These 19 Big Data & Data Analytics Books

datapine

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.

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FRTB: Will 2023 Finally be the Year?

Cloudera

A single, enterprise-wide platform or coordinated approach for storing and maintaining data can facilitate alignment between the front office, risk management, and finance, setting the stage for a more seamless transition.