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Infor’s Velocity Summit Highlights Multiple Advances and Enhancements

David Menninger's Analyst Perspectives

Infor introduced its original AI and machine learning capabilities in 2017 in the form of Coleman, which uses its Infor AI/ML platform built on Amazon’s SageMaker to create predictive and prescriptive analytics. An innate conservatism, aversion to risk and the need to ensure complete accuracy are the human factors at work in this delay.

Finance 130
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How Insurance Companies Use Data To Measure Risk And Choose Rates

Smart Data Collective

Here is the type of data insurance companies use to measure a client’s potential risk and determine rates. Traditional data, like demographics, continues to be a factor in risk assessment. Teens and young adults are less experienced drivers and, therefore, at risk for more car accidents. Demographics. This includes: Age.

Insurance 107
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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

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When Private Cloud is the Right Fit for Public Sector Missions

Cloudera

A quick trip in the congressional time machine to revisit 2017’s Modernizing Government Technology Act surfaces some of the most salient points regarding agencies’ challenges: The federal government spends nearly 75% of its annual information technology funding on operating and maintaining existing legacy information technology systems.

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Agile Technology and Big Data Improve the State of Cybersecurity

Smart Data Collective

The risk of data breaches is rising sharply. The number increased 56% between 2017 and 2018. Cybersecurity experts are using data analytics and AI to identify warning signs that a firewall has been penetrated, conduct risk scoring analyses and perform automated cybersecurity measures. Categorizing data.

Big Data 115
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Cash versus digital payments: How to achieve financial inclusion

IBM Big Data Hub

Europe recently announced a mandate that real-time payments be available from any provider who currently offers batch euro payments (such as SEPA credit transfers) at a price of no more than the cost of batch transfers. Increasing the use of cash does not reduce cost or friction in the economy. The reasoning for the D.C. in 2023-2024.

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Florida Crystals concentrates SAP in hosting sweet spot

CIO Business Intelligence

When Grayling joined the company in 2017, he focused on business process transformation, which went well as long as the processes concerned didn’t cross the boundary between SAP instances — a challenge he encountered while transforming source-to-pay processes across the two systems by implementing SAP Ariba. It was costing us a lot of money.”