Tag "big data"

From managing credit risk to algo-based underwriting: Tech is changing lending

By : CIOL Bureau

From managing credit risk to algorithm based underwriting, there are numerous factors that lie beyond a conventional lending and loan application process. Underwriters must verify various aspects to handle credit risk optimally. Let’s analyze these factors more closely: Credit History– The

IIT Patna to offer a free online course on Big Data Computing via NPTEL

By : CIOL Bureau

Machine learning, big data, and data science skills are the most challenging to recruit for. Thus, this can potentially create the greatest resource to find jobs in product development and go-to-market strategies. According to Forbes, Big Data is also one

5 Technologies set to revolutionize the logistics sector

By : CIOL Bureau

The logistics industry is going through an unprecedented and rapid transformation. It is paving the way for innovation and upheaval in the sector. The pandemic has been very challenging for the logistics sector. But we have managed to grow extremely

Four ways in which Big Data is boosting the Insurance Industry

By : CIOL Bureau

In the current data revolution, insurers are in an advantageous position – owing to the large volumes of data they collect. For the insurance industry, data is arguably the most crucial asset, forming the basis for decision-making. To leveraging this

Industry 4.0: Machines are doing their thing, please wait..

By : Laxitha Mundhra

The fourth phase of the Industrial Revolution mostly depends on emerging machines and technologies like 5G, IoT, AI-ML. It is extremely relevant and increasingly important in every sector for many reasons. Because, if organisations fail to adopt technology, they will fall

How is Big Data impacting the e-commerce industry?

By : CIOL Bureau

This is the age of technology and information. And every aspect of our lives is captured digitally and turned into data. It’s at the heart of the modern technology that drives businesses of the 21st century. Today, data is available

Dealing with Natural Disasters through IoT and Big Data

By : CIOL Bureau

By Abhishek Agarwal, Senior Vice President (Global Delivery), Judge Group India For ages, India has been facing natural disaster crisis due to its inefficient infrastructure for disaster management. Be it the 2018 dust storms, 2016 Uttarakhand forest fires, Kerala floods,

Big Data Analytics Support to IT Staffing

By : CIOL Bureau

By Abhishek Agarwal, Senior Vice President, The Judge Group India The amalgamation of AI, IoT, and Programmatic has given a new shape and dimension to modern businesses, and Big Data Analytics is the real catalyst for making this amalgamation possible.

Master These Elements For A Successful AI Transformations Of Your Enterprise

Aashish Kalra The age of Artificial Intelligence(AI) has already arrived and the discussion is now shifted towards the expectations and implementation now. AI solutions are coming at a breakneck speed and companies are finding it tough to design a right

NASSCOM Hosts 6th Edition of Big Data And Analytics Summit

By : CIOL Bureau

As digital takes the centre-stage and big-data acts as the primary catalyst for AI development globally, the National Association of Software and Services Companies (NASSCOM) today inaugurated the 6th edition of its Big Data and Analytics Summit in Bangalore. Themed

Hortonworks now gives enterprises a comprehensive view of their data across data lakes

BANGALORE, INDIA: Data management solutions provider, Hortonworks has announced Hortonworks Data Steward Studio (DSS), a new service that gives enterprises consistent security and governance for data assets across big data repositories. With DSS, businesses will be more able to identify

Unlocking the true power of Big Data with Machine Learning

Arvind Purushothaman Machine learning is taking a big leap in Big Data stream. Today, Google predicts that you should leave now to catch a flight and Amazon recommends a book that you should read- are a few of the many

Findability Sciences eyes Japan market, enters into a JV with SoftBank

MUMBAI, INDIA: SoftBank and Findability Sciences have agreed to establish a joint venture (JV) to offer the Findability Platform in the Japanese market. SoftBank holds a controlling 51 percent stake in the joint venture. Findability Sciences which has operations in

Digitization and automation will make the traditional IT job roles redundant soon

By : CIOL Writers

As digitization and automation wave started disrupting the industries, it will have a major impact on the career choices of IT professionals as well. While companies are looking to adopt new technologies and platforms to advance their business results, professionals

Digitization puts the focus back on open source solutions, says Talend

Soma Tah With a rising volume of data arising from mobile, social, cloud and IoT sources, the demand for real-time data integration solutions is growing worldwide and India is no different. Digital transformation is another interesting phenomenon that has made business

NEC launches CoE for analytics platform & solutions in India

NEW DELHI, INDIA: NEC Corporation and NEC Technologies India Private Limited (NTI) today launched a Center of Excellence for Analytics Platform & Solutions (CoE-APS), for promoting solutions and services of NEC’s Big Data & Analytics Platform, Data Platform for Hadoop

GST should not stand for Gory, Sloppy and Tricky. But how?

By : Pratima Harigunani

Pratima H BANGALORE, INDIA: GST is just around the corner and with every passing day the yarn of confusion turns into a really tangled ball. Technology can be yet another knot here garbling the already foggy mass of questions and

Less ROI, More Lawsuits – Why Big Data goes awry?

By : Pratima Harigunani

Arvind Purushothaman While large businesses and IT organizations are convinced of the potential of Analytics within their industry, often they are uncertain on how to embark successfully on a Big Data Analytics journey for the enterprise. Big Data isn`t all

Better Data Quality: How to Create a Business Case

By : Pratima Harigunani

Saul Judah Poor data quality destroys business value. Recent Gartner research shows that organizations estimate the average negative financial impact of poor data quality to be $9.7 million per year. In other words – this is their estimate and the

Your Data and Cloud: Drawing a Parallel

Prashanth GJ In the recent months, the industry has recognized cloud computing as a cost-effective technique