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UK Government tests frictionless trade models with Ecosystem of Trust pilots

IBM Big Data Hub

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The models also reduce private sector customs data collection costs by 40%.

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AI-Based Banking Loan Software Will Become Norm In 2022

Smart Data Collective

In this article, we decided to cover the tendencies in banking loan software in 2022 and give a brief market outlook of AI-driven lending software as a whole. The Deloitte report says that in the second quarter of 2020 the largest 100 banks in the USA reported $103.4 Loan Software in Banking in 2022: The Bottom Line.

Software 121
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Going ‘AI native’ with in-house ChatGPT the MITRE way

CIO Business Intelligence

in late November 2022 — MITRE would be among the first organizations looking to capitalize on the technology, launching MITREChatGPT a month later. And it enables research teams to analyze legislation and policy documents in record time, delivering plans for proposed changes to these critical agencies in a day rather than weeks.

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King County enlists AI to reduce drug overdose deaths

CIO Business Intelligence

In past years, reporting fatal drug overdoses has largely been a paper- and human-driven process in King County, which shares the information with state and federal agencies. Seattle, the county seat, reported nearly 600 drug overdose deaths in 2022, an increase of 72% from the previous year.

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What is Model Risk and Why Does it Matter?

DataRobot Blog

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. When business decisions are made based on bad models, the consequences can be severe. As machine learning advances globally, we can only expect the focus on model risk to continue to increase.

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Please vote before May 11! 2022 DBTA Reader’s Choice Awards

erwin

Please help us keep our #1 position in 2022. Best Data Modeling Solution (erwin Data Modeler). In data warehousing, the data is extracted and transported from production database(s) into a data warehouse for reporting and analysis. Best Data Modeling Solution (erwin Data Modeler). We need your help!

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Sustainability trends: 5 issues to watch in 2024

IBM Big Data Hub

Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Sustainability reporting: Accountability on the record This may be the biggest year yet in sustainability reporting.