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How Big Data Impacts The Finance And Banking Industries

Smart Data Collective

These terms are fundamentally tied predominantly to matters involving digital transformation as well as growth in companies. A 2013 survey conducted by the IBM’s Institute of Business Value and the University of Oxford showed that 71% of the financial service firms had already adopted analytics and big data.

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AI Leads to Powerful New Fraud Detection Software for E-commerce

Smart Data Collective

AI Helps Prevent Fraud Online Although the digital transformation has provided unparalleled conveniences and prospects, it has simultaneously ushered in a surge of new dangers. AI is going to be more important than ever, as this article from IBM highlights.

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Winning the Future: Digital Transformation, the Cloud, and AWS

Sisense

There’s an insane amount of data today and most of it is new — an IBM study from 2017 asserted that 90% of all data had been created in the previous two years. Digital transformation is a term that’s been thrown around since the 90s, but what does it mean? Digital transformations take years to successfully execute.

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Moving to the cloud? Choose cloud service providers wisely

Analysts Corner

Or is this due to the pressing need for digital transformation triggered by the pandemic? Whereas, the maintenance efforts are on the side of a space owner. However, be ready to pay handsome money for its setup and maintenance. So chances are you will need expert guidance on how to handle the deployment and maintenance.

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Interesting statistics around big data, data analysis, and usage

Analysts Corner

Data Analysis (Image created using photo and elements in Canva) Evolution of data and big data Until the advent of computers, limited facts were collected and documented, given the cost and scarcity of resources and effort to capture, store, and maintain them.

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150+ Top Global Cloud Thought Leaders and Next Generation Leaders of 2021

Whizlabs

It is loud and clear that Cloud Computing is fundamental to the new wave of digital transformation. He guest blogs at Oracle, IBM, HP, SAP, SAGE, Huawei, Commvault, Equinix, Cloudtech. He is a driven executive and a military veteran who helps in casting innovative digital transformation for companies and measurably builds on it.

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How The Cloud Made ‘Data-Driven Culture’ Possible | Part 2: Cloud Adoption

BizAcuity

We had a look at the way in which cloud computing transformed itself through some astonishing innovations in the past decade. Cloud is now the backbone of digital transformation. IaaS is delivered by all the major players including AWS, Azure, Cisco, IBM, Oracle and Google. Platform as a Service (PaaS).