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New Software Development Initiatives Lead To Second Stage Of Big Data

Smart Data Collective

The big data market is expected to be worth $189 billion by the end of this year. A number of factors are driving growth in big data. Demand for big data is part of the reason for the growth, but the fact that big data technology is evolving is another. Structured. Semi-structured.

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Leading Trends of Fintech Development Services in 2022

Smart Data Collective

They are using big data technology to offer even bigger benefits to their fintech customers. Speaking of global fintech trends, one cannot fail to mention Big Data. Fintech in particular is being heavily affected by big data. Among them are distinguished: Structured data. Unstructured data.

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Generative AI is pushing unstructured data to center stage

CIO Business Intelligence

Unlike that energy company, many organizations have yet to feel an urgency to capitalize on the value of their vast reservoirs of unstructured data. After all, we in the information management and technology industry have talked at length about unstructured data since “Big Data” was big news more than a decade ago.

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Data governance in the age of generative AI

AWS Big Data

First, many LLM use cases rely on enterprise knowledge that needs to be drawn from unstructured data such as documents, transcripts, and images, in addition to structured data from data warehouses. To learn more about data governance on AWS, see What is Data Governance?

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ISO 20022: Are your payment systems ready?

IBM Big Data Hub

ISO 20022 data improves payment efficiency The impact of ISO 20022 on payment systems data is significant, as it allows for more detailed information in payment messages. ISO 20022 drives improved analytics and new revenue opportunities ISO 20022 enables more sophisticated payment analytics by providing a richer data set for analysis.

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Commercial Lines Insurance- the End of the Line for All Data

Cloudera

Since the beginning of Commercial insurance as we know it today, insurers have been using data generated by other industries to assess and rate risks. In the days of Lloyd’s Coffee House , insurers gathered data about cargo, voyages, seasonal weather and the performance history of vessels and mariners to underwrite risks.

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Three Emerging Analytics Products Derived from Value-driven Data Innovation and Insights Discovery in the Enterprise

Rocket-Powered Data Science

The results showed that (among those surveyed) approximately 90% of enterprise analytics applications are being built on tabular data. The ease with which such structured data can be stored, understood, indexed, searched, accessed, and incorporated into business models could explain this high percentage.