The rise of digital technologies has resulted in an exponential increase in the volume, velocity, and variety of data being generated, creating a need for sophisticated tools and technologies to process, store, and analyze data.…
With a JD Power study reporting that more than half of US retail banking customers are moving to digital-centric banking relationships, it has become imperative for banks not only in the US but across the…
It comes as no surprise that most people, who don’t work in the IT industry, think everything in the world of IT is getting absorbed into the cloud. Well, they are not wrong, but they…
Ever since companies realized the true potential of data, the need for data science and the people who are experts in it have been growing in leaps and bounds. The reason data science emerged in…
Business now is all-powered by data at every stage: business people must first quantify risk, set a reasonable price for their products, and, most importantly, offer protection to their customers. Traditionally, insurers relied upon data…
Making technology compact is one of the focal areas of modern science and technology. Miniaturization played a crucial part in making technology become more easily accessible to its users, significantly in the past couple of…
According to a report published on Statista, the worldwide market for business intelligence and business analytics will reach 17.6B USD in 2024. The retail industry has never been more competitive. As one of the most…
The British mathematician Clive Humby has an interesting take on the role of data in this modern era: “Data is the new oil. Like oil, data is valuable, but if unrefined, it cannot really be…
The rise and prevalence of an approach of personalization have created a lot of scope for healthy competition among businesses to get creative about ways to acquire and retain customers. Customer segmentation is the first…
Gartner says that data and analytics budgets continue to see large increases and a significant portion of them are spent on data governance policies. According to Cisco, nearly 5 quintillion bytes of data is produced…
With the covid-19 pandemic receding into the background, there is only one thing that has been strengthened – our reliance on Smart technology (also dubbed as SmartTech in the modern parlance). Right from the beginning…
Every data analyst will agree that hybrid and multi-cloud adoption is seeing a rise across the world. Flexera’s 2022 State of Cloud Report states that 89% of enterprises have a multi-cloud infrastructure in place and…