article thumbnail

Huawei unveils four strategic directions for the future of finance

CIO Business Intelligence

But to thrive in the “intelligence era”, Mr. Cao said financial institutions need to reconsider their entire digital strategy, encompassing their approach to connections, data, applications, and infrastructure, in order to strengthen their core competitiveness. Mr. Cao noted the specific problem of unstructured data. “A

Finance 95
article thumbnail

Building resilient infrastructure: the key to cloud-native, real-time decision-making

CIO Business Intelligence

But to thrive in the “intelligence era”, Mr Cao said financial institutions need to reconsider their entire digital strategy, encompassing their approach to connections, data, applications, and infrastructure, in order to strengthen their core competitiveness. Mr. Cao noted the specific problem of unstructured data. “A

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Public or On-Prem? Telco giants are optimizing the network with the Hybrid Cloud

Cloudera

The telecommunications industry continues to develop hybrid data architectures to support data workload virtualization and cloud migration. Telco organizations are planning to move towards hybrid multi-cloud to manage data better and support their workforces in the near future. 2- AI capability drives data monetization.

article thumbnail

96 Percent of Businesses Can’t Be Wrong: How Hybrid Cloud Came to Dominate the Data Sector

Cloudera

According to 451 Research , 96% of enterprises are actively pursuing a hybrid IT strategy. Modern, real-time businesses require accelerated cycles of innovation that are expensive and difficult to maintain with legacy data platforms. As businesses began to embrace digital transformation, more and more data was collected and stored.

article thumbnail

Generative AI is a make-or-break moment for CIOs

CIO Business Intelligence

While the changes to the tech stack are minimal when simply accessing gen AI services, CIOs will need to be ready to manage substantial adjustments to the tech architecture and to upgrade data architecture. Shapers want to develop proprietary capabilities and have higher security or compliance needs.

article thumbnail

Petabyte-scale log analytics with Amazon S3, Amazon OpenSearch Service, and Amazon OpenSearch Ingestion

AWS Big Data

At the same time, they need to optimize operational costs to unlock the value of this data for timely insights and do so with a consistent performance. With this massive data growth, data proliferation across your data stores, data warehouse, and data lakes can become equally challenging.

Data Lake 109
article thumbnail

VeloxCon 2024: Innovation in data management

IBM Big Data Hub

VeloxCon 2024 , the premier developer conference that is dedicated to the Velox open-source project, brought together industry leaders, engineers, and enthusiasts to explore the latest advancements and collaborative efforts shaping the future of data management.