Smart Data Collective

SEPTEMBER 30, 2022

Given the growing importance of big data and the rising reliance of businesses on big data analytics to carry out their day-to-day operations, it is safe to say that big data has irrevocably altered the online world for anyone running a digital enterprise or an e-business.

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Smart Data Collective

DECEMBER 23, 2022

Data is valuable to businesses of all sizes. Companies can use big data to assess performance, pinpoint problems, and identify opportunities. Businesses can also leverage big data to support machine learning by training AI and sophisticated models. This tactic reduces security risks while maintaining productivity.

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Smart Data Collective

SEPTEMBER 28, 2022

We have talked about the importance of investing in good data collection methodologies. There are a growing number of risks with big data. Some of them stem from security issues if data is compromised. There are also physical safety issues associated with using the hardware that big data depends on.

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Smart Data Collective

SEPTEMBER 28, 2022

In this blog post, we’ll explore some of the advantages of using a big data management solution for your business: Big data can improve your business decision-making. Big data is a collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools.

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Big Data Management Data Quality Cost-Benefit 126

Smart Data Collective

DECEMBER 22, 2021

Big data technology is one of the most important forms of technology that new startups must use to gain a competitive edge. The success of your startup might depend on your ability to use big data to your full advantage. The right data strategy can help your startup become profitable.

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Smart Data Collective

AUGUST 9, 2022

The risk of data breaches is rising sharply. Big data technology is becoming more important in the field of cybersecurity. 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.

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Big Data Technology Testing Cost-Benefit 126

CIO Business Intelligence

MAY 7, 2024

When it broke onto the IT scene, Big Data was a big deal. Still, CIOs should not be too quick to consign the technologies and techniques touted during the honeymoon period (circa 2005-2015) of the Big Data Era to the dust bin of history. Data is the cement that paves the AI value road. Data is data.

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Smart Data Collective

SEPTEMBER 27, 2023

Big data and AI are remarkable technologies transforming the face of industries, setting a new benchmark in efficiency, accuracy, and productivity. However, like all technologies, they also come with their own set of challenges and risks. After all, data in its raw form is merely a massive collection of unprocessed information.

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Big Data Unstructured Data Predictive Analytics Risk 126

Smart Data Collective

FEBRUARY 14, 2023

The gaming industry is among those most affected by breakthroughs in data analytics. A growing number of gaming developers are utilizing big data to make their content more engaging. It is no wonder these companies are leveraging big data, since gamers produce over 50 terabytes of data a day.

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CIO Business Intelligence

SEPTEMBER 26, 2024

Cybersecurity and systemic risk are two sides of the same coin. As we saw recently with the CrowdStrike outage, the interconnected nature of enterprises today brings with it great risk that can have a significant negative effect on any company’s finances. This should be no surprise since the global average cost of a data breach is $4.88

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Smart Data Collective

DECEMBER 4, 2022

We have previously emphasized the huge benefits that big data plays in the financial industry. Most of the discussions about the role of big data in finance center around actuarial models in the insurance sector and using data analytics and machine learning for stock market predictions. billion by 2028.

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Smart Data Collective

MARCH 27, 2023

Our lives are being affected by big data more than ever. Therefore, it should be no surprise that the big data analytics market is projected to be worth $655 billion by 2027. However, the rise of big data has also led to greater security risks. Sadly, the proliferation of big data comes at a cost.

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Big Data Risk Risk Management Finance 119

Smart Data Collective

DECEMBER 10, 2024

Twitter has a lot of great benefits, but it poses some risks in the age of big data.

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Big Data Risk IT 105

Smart Data Collective

SEPTEMBER 10, 2023

The internet is also like a big, dangerous city that has no police. Big data tracks their information and movements online, while kids can also be exposed to cyberbullies, identity theft, inappropriate content, and online predators. Sexting: Know if your child is sending compromising pictures of themselves to someone.

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Big Data Interactive Software Risk 124

O'Reilly on Data

JANUARY 17, 2019

Burt and cybersecurity pioneer Daniel Geer recently released a must-read white paper (“Flat Light”) that provides a great framework for how to think about information security in the age of big data and AI.

Machine Learning 263

Machine Learning Big Data Data Science Risk 263

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

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Analytics Vidhya

AUGUST 31, 2022

Introduction A data lake is a central data repository that allows us to store all of our structured and unstructured data on a large scale. You may run different types of analytics, from dashboards and visualizations to big data processing, real-time analytics, and machine […].

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CIO Business Intelligence

NOVEMBER 26, 2024

The implementation of these techniques in medical care will allow the transformation of the way we diagnose, in addition to personalizing treatments, helping to identify risk factors and, in general, improving the results and productivity of the health sector. This way, waiting times before going in for a consultation can be minimized.

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Data-driven Consulting Big Data Risk 104

CIO Business Intelligence

DECEMBER 30, 2024

As digital transformation accelerates, so do the risks associated with cybersecurity. AI-powered threat detection systems will play a vital role in identifying and mitigating risks in real time, while zero-trust architectures will become the norm to ensure stringent access controls.

IoT 105

IoT Digital Transformation Internet of Things Data-driven 105

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

IT 105

IT Insurance Consulting Risk 105

Rocket-Powered Data Science

JUNE 17, 2022

Here is a list of my top moments, learnings, and musings from this year’s Splunk.conf : Observability for Unified Security with AI (Artificial Intelligence) and Machine Learning on the Splunk platform empowers enterprises to operationalize data for use-case-specific functionality across shared datasets. is here, now!

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Machine Learning Recreation/Entertainment Risk Business Objectives 238

Analytics Vidhya

APRIL 13, 2023

Two weeks ago, Musk and other tech titans and academics, such as Apple co-founder Steve Wozniak, signed a letter stating that AI development and systems with human-competitive intelligence pose significant risks to […] The post Elon Musk’s AI Paradox: Investing in AI Research After Calling for Pause appeared first on Analytics Vidhya.

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Risk Technology Analytics Big Data 299

Smart Data Collective

FEBRUARY 11, 2025

More businesses are turning to big data to manage their supply chains, but this is creating many security risks as well.

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Risk Data-driven Big Data Management 65

David Menninger's Analyst Perspectives

MAY 7, 2020

He explains the term “data lake,” describes common use cases and shares his views on some of the latest market trends. He explores the relationship between data warehouses and data lakes and share some of Ventana Research’s findings on the subject.

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AWS Big Data

DECEMBER 23, 2024

About Fitch Group and their need for multi-region resiliency As a leading global financial information services provider, Fitch Group delivers vital credit and risk insights, robust data, and dynamic tools to champion more efficient, transparent financial markets.

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Data-driven Management Risk Big Data 81

Smart Data Collective

DECEMBER 13, 2021

Big data has become a highly invaluable aspect of modern business. More companies are using sophisticated data analytics and AI tools to overhaul their business models. Some industries have become more dependent on big data than others. New advances in data technology have been especially beneficial for marketing.

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Smart Data Collective

JANUARY 4, 2023

Fortunately, big data and smart technology are helping hospitalists overcome these issues. Here are some fascinating ways data and smart technology are helping hospitalists. Big data and smart technology are helping hospitalists improve billing accuracy in many ways. Improving Billing Processes and Accuracy.

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AWS Big Data

APRIL 29, 2024

The construction of big data applications based on open source software has become increasingly uncomplicated since the advent of projects like Data on EKS , an open source project from AWS to provide blueprints for building data and machine learning (ML) applications on Amazon Elastic Kubernetes Service (Amazon EKS).

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Management Big Data Data Warehouse Metadata 109

CIO Business Intelligence

DECEMBER 11, 2024

Without this setup, there is a risk of building models that are too slow to respond to customers, exhibit training-serving skew over time and potentially harm customers due to lack of production model monitoring. This issue will be exacerbated by the future use of AI agents making decisions on behalf of companies based on data.

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Management Data Governance Data Science Reporting 111

O'Reilly on Data

SEPTEMBER 19, 2023

Each time, the underlying implementation changed a bit while still staying true to the larger phenomenon of “Analyzing Data for Fun and Profit.” ” They weren’t quite sure what this “data” substance was, but they’d convinced themselves that they had tons of it that they could monetize.

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Machine Learning Testing Modeling Cost-Benefit 339

Smart Data Collective

NOVEMBER 2, 2022

Big data technology is becoming a more pressing issue for companies around the world. However, many companies don’t understand enough about data to utilize it effectively. A recent survey found that a stunning 47% of companies have only a limited data strategy. These courses can help.

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Data Science Big Data Data Strategy Strategy 132

Smart Data Collective

SEPTEMBER 16, 2022

They are using big data technology to offer even bigger benefits to their fintech customers. Speaking of global fintech trends, one cannot fail to mention Big Data. Fintech in particular is being heavily affected by big data. Benefits of Big Data: Customer focus. Data security.

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Finance Unstructured Data Cost-Benefit Big Data 130

Smart Data Collective

SEPTEMBER 9, 2022

As we stated before, data-driven marketing strategies are extremely valuable for ecommerce companies. What kind of ROI can big data offer for the ecommerce sector? One study showed that big data helps companies in all sectors increase profitability by 60%. Keep reading to learn how to accomplish this.

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datapine

NOVEMBER 27, 2019

This is one of the major trends chosen by Gartner in their 2020 Strategic Technology Trends report , combining AI with autonomous things and hyperautomation, and concentrating on the level of security in which AI risks of developing vulnerable points of attacks. How can we make it happen?

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

O'Reilly on Data

MAY 21, 2019

Thus, many developers will need to curate data, train models, and analyze the results of models. With that said, we are still in a highly empirical era for ML: we need big data, big models, and big compute. A typical data pipeline for machine learning. Managing risk in machine learning”.

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Machine Learning Technology Deep Learning Data Science 279

Smart Data Collective

JULY 21, 2022

We have previously talked about the many ways that big data is disrupting education. Big data isn’t just helping with education in the field of academia. Individual companies are also finding ways to take advantage of data to foster learning. Data-Driven Learning is the Future of the Engineering Sector.

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Data-driven Big Data Cost-Benefit Data Analytics 145

Smart Data Collective

JULY 20, 2022

Data-driven decision-making has become a major element of modern business. A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Furthermore, only 13% of companies are actually delivering on their data strategy.

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