Like it or not, emerging of blockchain and machine learning (ML) to big data and artificial intelligence (AI), making each players in the industry for adapting fintech innovation is a must or you are require to get ready to outperform by your competitor, in the global scales basis. For those who are able and those
1. Datafication of our society and rise of big data and business intelligence Like it or not, everything we did in each day, from connect to facebook, WhatsApp, buying coffee, tapping in instagram, email and website search nd browse, what we saw from youtube and other video website, all leaves a trail of data behind.
Digital Transformation (DT) is no more a new word use to describe for the changes and challenges for the enterprise encounter and require to overcome and adapt for continue to be relevant in the modern and future market enterprise. Regardless of sector or industry, whether it is government or multinational corporation, the modern technology advancement
Every developing company will think on something that will ensure the company is working in efficient and productive way. Most of the time, even though the process executive do not know very well about the process, and the way to manage the processes. This problem can be solved by establishing a new department, Center Of
Today’s energy and utility companies face an unfamiliar landscape where they must combine alternative energy, develop comprehensive awareness and strengthen their relationship with customers, while continuing to do what they do-providing reliable, safe and affordable energy to all people. Organizations who want to grow their businesses use analytics to improve agility and responsiveness, reduce operating
Nowadays, technology brings more ideas and innovations for our industry development. Our hospitality industry was dominated by AirBnB while Uber and Grab dominated the transport companies. Same goes happen to food industry, technology gives big impact on it and help them to develop. Many of developing restaurants are aware of this benefit into food business
The aerospace and defense (A&D) industry are enjoying slow yet steady growth. The industry grew by 2.4% in 2016 to $674.4 billion, which slightly outpaced the United States’ GDP growth of 2.3%. This was driven by continued growth in the European A&D industry, increased global defense spending in the US, as well as increased revenue in
Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Here are six ways where big data analytics can improve insurance claims processing: 1. Fraud One out of 10 insurance claims is fraudulent. Most fraud solutions on
Hadoop is an open-source software framework for storing data and running applications on clusters of commodity hardware. It provides massive storage for any kind of data, enormous processing power and the ability to handle virtually limitless concurrent tasks or jobs. Why is Hadoop important? Ability to store and process huge amounts of any kind of
There are many software tool for handling big data to help in achieving these goals and help data scientists to process data for analyzing them. Many new languages, frameworks and data storage technologies have emerged that supports handling of big data. R : is an open-source statistical computing language that provides a wide variety of
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