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Data Analytics Improves Credit Risk Reduction Via Diversification

Smart Data Collective

billion by 2030. Credit risk is one of the most critical hazards that banks and financial organizations face. The World Bank Blog has an entire post dedicated to this topic. Banks may diversify the risk associated with various assets in this manner, making them less sensitive to defaults in any specific asset class.

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5 Huge Benefits of Financial Analytics for Your Business

Smart Data Collective

Companies are projected to spend just shy of $20 billion on financial analytics services in 2030. Some budgeting tools will connect with your bank account and data mine information about your spending habits. One of the most important functions that data analytics is helping with is finance. Keep reading to learn more.

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Maximize Tax Deductions as a Business Owner with AI

Smart Data Collective

trillion by 2030. However, artificial intelligence can help with their accounting needs, whether it’s a shared service center or a local bank. Before you know the eligible tax deductions, here are a few quick tips for planning tax filing as a freelancer or small business owner.

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26 Interesting Statistics around Big Data, Data Science, and Analytics Market, Jobs, and Salaries

Analysts Corner

By 2025 , the market of big data analytics in banking is predicted to grow to $62.10 According to a report by Monster.com , 96% of companies plan to hire individuals with big data skills (Source: Analytics Insight). The demand for composite data analytics professionals will increase by 31% by 2030. billion ( Source: KR Elixir).

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Resilient Cities, Sustainable Future: Innovating Infrastructure for the 21st Century

Training ByteSize

We must improve service delivery and fundamentally transform how both public and private sector project developers plan and procure assets that meet comprehensive sustainability criteria—spanning social, environmental, institutional, and economic-financial aspects throughout the asset lifecycle.

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Data Enrichment: How to Make Your Data More Meaningful

Astera

This integrated dataset will set the foundation for advanced analytics, reporting, and strategic planning. billion by 2030 , which is huge. For example, a bank can enrich its transaction data with geolocation information and historical transaction patterns.

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Can New AI Tools Help Make the Stock Market Eco-Friendlier?

Smart Data Collective

Kerry, who also signed the Paris Climate Accord on behalf of the US in 2016, has also spoken at length about how big banks and financial institutions are continuing to invest heavily in green business. This is an interesting soundbite, especially given Biden’s so-called “America Jobs Plan” and its focus on green transport and infrastructure.