Hey there fellow readers! Are you ready to delve into the future of Big Data and Data Analytics? Let’s get started! Now, for those of you who are not familiar – and shame on you if you’re not – Big Data is the collection, management, and analysis of massive data sets that are too complex … Continue reading Top 7 Big Data Predictions for 2023 and Beyond
It is time for organizations in the Fortune 1000 to reevaluate their investments in data, analytics, and artificial intelligence. Investing in essential business competencies and factors that set a company apart from its competitors is a no-brainer for businesses. What they need to take a closer look at is how they are investing, and whether … Continue reading How to Reboot Your Company’s Data, Analytics, and AI Progress using DW Services?
Today, we are pleased to announce the general availability of IBM Cloud Pak for Data V3.0. Over the past two years we have advanced our platform from a collection of mostly IBM data services to a robust end-to-end data & AI solution that serves, along with the other IBM Cloud Paks. With V3.0, we take … Continue reading Cloud Pak for Data V3.0 ushers in new leap in AI platform
Many financial firms are increasing their use of AI models because they can represent the real world more accurately, and they can deliver better projections than traditional, rule-based models. But some AI models can add complexity and risk. You can minimize that risk and also streamline the process of model validation by using IBM Cloud … Continue reading Streamlining the AI model risk management process
Imagine opening your mailbox and seeing a letter addressed to “current resident,” or having your financial institution’s AI powered digital assistant inform you that your replacement card is on its way to your old address. Most people would take this impersonal letter, throw it in the trash, and go about their day. Consumers would likely … Continue reading How in-line address data quality delivers business ready data for AI initiatives
AI and Big Data are the technologies that can be said as the driving force behind most of the technological innovations. Over the years, AI and Big data have developed rapidly, and the future is near when these two technologies will be implemented in every industry. Information Technology, Medical, and Banking sectors are already seen … Continue reading AI and Big data – What The Future Holds
$13 trillion USD is a huge sum of money, difficult to comprehend or compare. But over the next 10 years, that figure will equal the total economic impact that AI will add to the global economy, according to models run by McKinsey. In financial services, AI is the future, one observer writes, after evaluating a … Continue reading Managing financial services model risk in an age of big data and AI