Smart Data Collective

JUNE 26, 2019

The insurance industry is based on the idea of managing risk. To determine this risk, the industry must consult data and see what trends are evident to draft their risk profiles. The in-depth analysis of historical data gives insurers a platform to base their determination of risk.

Insurance 110

Insurance Data Analytics Analytics Big Data 110

Cloudera

JUNE 29, 2023

Implementing a modern data architecture makes it possible for financial institutions to break down legacy data silos, simplifying data management, governance, and integration — and driving down costs. Apply emerging technology to intraday liquidity management. Enhance counterparty risk assessment.

Data Architecture 85

Data Architecture Risk Management Risk Management 85

IBM Big Data Hub

FEBRUARY 19, 2024

Big data and predictive analytics are increasingly being used to improve forecasting accuracy, allowing businesses to respond more effectively to changes in customer needs. Real-time tracking systems, often enabled by Internet of Things (IoT) devices, help companies monitor their supply chain accurately and immediately.

Strategy 81

Strategy Management Forecasting Internet of Things 81

IBM Big Data Hub

JULY 27, 2023

EAM systems can include functions like maintenance management, asset lifecycle management , inventory management and work order management, among others. Predictive and preventive maintenance : The advent of IoT and AI technologies has transformed EAM systems into predictive maintenance tools.

Cost-Benefit 55

Cost-Benefit IoT Internet of Things Enterprise 55

BizAcuity

MARCH 31, 2022

Not just banking and financial services, but many organizations use big data and AI to forecast revenue, exchange rates, cryptocurrencies and certain macroeconomic variables for hedging purposes and risk management. Integrating IoT and route optimization are two other important places that use AI. AI in Healthcare.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Cloudera

JANUARY 22, 2019

It enables orchestration of data flow and curation of data across various big data platforms (such as data lakes, Hadoop, and NoSQL) to support a single version of the truth, customer personalization, and advanced big data analytics. Cloudera Enterprise Platform as Big Data Fabric. Flexible/Location-agnostic Infrastructure.

Big Data 44

Big Data Data Lake Internet of Things Enterprise 44

Corinium

APRIL 25, 2019

And more recently, we have also seen innovation with IOT (Internet Of Things). Machine learning can keep up, by continually looking for trends and anomalies, or predictive analytics, that are interesting for the given use case. You can protect individual fields, or even subsets of fields (e.g.

Insurance 150

Insurance Risk IoT Data-driven 150