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How Big Data Impacts The Finance And Banking Industries

Smart Data Collective

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. The Role of Big Data.

Big Data 141
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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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Data Analytics Helps Hedge Funds Improve Customer ROIs

Smart Data Collective

Big data is the most important business trend of the 21st century. The usage, volume, and types of data have increased significantly. In fact, big data keeps gaining momentum. We mentioned that data analytics is vital to marketing , but it is affecting many other industries as well.

ROI 71
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Merging top-down and bottom-up planning approaches

IBM Big Data Hub

Breaking down traditional silos Many utility asset management organizations work in silos. Asset investment planning (AIP) tools bring value in optimizing various, sometimes conflicting, value drivers. The maintenance management and project planning systems load these tasks for execution by field service departments.

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How generative AI will revolutionize supply chain 

IBM Big Data Hub

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. In the age of digital transformation, the integration of advanced technologies like generative artificial intelligence brings a new era of innovation and optimization.

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Data Technology Trends That Will Reshape the Future of Accounting

Smart Data Collective

It’s no secret that big data technology has transformed almost every aspect of our lives — and that’s especially true in business, which has become more tech-driven and sophisticated than ever. A number of new trends in big data are affecting the direction of the accounting sector. billion last year.

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4 smart technologies modernizing sourcing strategy

IBM Big Data Hub

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.