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Customers and Banks Priorities Collide as AI Jolts Financial Industry

Smart Data Collective

In a previous article I shared some of the challenges, benefits and trends of Big Data in the telecommunications industry. Big Data’s promise of value in the financial services industry is particularly differentiating. Customer-focused analysis dominates Big Data initiatives. Debt and Income Ratio.

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A Guide to Data Analytics in the Travel Industry

Alation

While this industry has used data and analytics for a long time, many large travel organizations still struggle with data silos , which prevent them from gaining the most value from their data. What is big data in the travel and tourism industry? What is big data in the travel and tourism industry?

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Data architecture strategy for data quality

IBM Journey to AI blog

The right data architecture can help your organization improve data quality because it provides the framework that determines how data is collected, transported, stored, secured, used and shared for business intelligence and data science use cases.

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Drowning in Data? A Data Lake May Be Your Lifesaver

ODSC - Open Data Science

In today’s digital world, data is king. Organizations that can capture, store, format, and analyze data and apply the business intelligence gained through that analysis to their products or services can enjoy significant competitive advantages. But, the amount of data companies must manage is growing at a staggering rate.

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Data Lakes Vs. Data Warehouse: Its significance and relevance in the data world

Pickl AI

This centralization streamlines data access, facilitating more efficient analysis and reducing the challenges associated with siloed information. With all data in one place, businesses can break down data silos and gain holistic insights. It often serves as a source for Data Warehouses.

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9 data governance strategies that will unlock the potential of your business data

IBM Journey to AI blog

Regularly reviewing the framework and adjusting it based on feedback, new regulations or changes in business strategy fosters a culture that values data as a strategic asset, supporting effective business intelligence and data use across the organization.

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A Look Inside the Modern Analytics Stack

Dataversity

In the data-driven world we live in today, the field of analytics has become increasingly important to remain competitive in business. In fact, a study by McKinsey Global Institute shows that data-driven organizations are 23 times more likely to outperform competitors in customer acquisition and nine times […].