Four opportunities for CFOs and big data

Accenture

The big data era is upon us. Financial enterprises are swimming in zettabytes—a billion terabytes—of data. For financial services firms, big data can offer a path to. Managing Risk Featured CFO big data big data to manage risk gary fink big data

Financial Services will Invest $9 Billion in Big Data This Year

Bank Innovation

Data is created at every financial transaction, and as datasets expand beyond what a single database can hold, big data is born. DataBank Exclusive Insurance Lending Mobile Open Fintech PFM Premium Sales & Marketing Startups Big Data big data analytics Investment US Bank

Using a big data approach to overcoming banking regulatory requirements

Insights on Business

The data they must analyze is overwhelming. Regulatory pressure is creating a financial data analytics crisis. But the sheer amount of data in all its forms that must be analyzed is a sticking point. Integrating big data technology with risk management for a complete solution.

Triggering (Actionable) Big Data Insight, Always In Motion

PYMNTS

Value-added data in motion? The fresher the data, the faster you can get insight and take action. But analyzing data in motion for faster insight and action is not just limited to payment fraud or account takeover use cases. Poetry in motion? Maybe not.

Can Spotify And Metallica Localize Live Shows With Big Data?

PYMNTS

Variations of those scenarios are numerous, of course, but perhaps that gives some idea of the potential importance of a new data-backed set list endeavor involving Spotify and Metallica. Spotify digital data will help Metallica tailor its set lists for specific shows, an attempt to appeal more precisely to local audiences that — even in this age of apparent homogeneity — might have slightly different tastes than concert-goers a few hundred miles away. Spotify Data Thinking.

What Are the Big Data Initiatives at Major Companies?

Bank Innovation

Financial institutions and other large corporation are using Big Data for a range of successful projects and initiatives, according to a recent survey. Almost 81% of executives, surveyed by consulting firm NewVantage, characterized their big data investments as “successful.”

How CFOs can benefit from big data

Accenture

Financial firms looking to deploy big data to drive better business are, in my opinion, making the right move. Accenture’s paper on the topic, Exploring Next Generation Financial Services: The Big Data Revolution, outlines some of the gains of working.

Big Data For Big Returns At Retailers Big And Small?

PYMNTS

Thus, in the age of Big Data, how to ensure that time and money are well-spent? In an interview with PYMNTS’ Karen Webster and Nicole Jass, vice president of Data Products at Vantiv , the two delved into the ways insight (and new products) can be gleaned from Big Data, with an eye on cementing customer loyalty or forging new relationships in a hypercompetitive age of commerce.

Big Data Symbiosis: Using Lessons from Big Data to Protect Big Data

Dataconomy

Big data is big news at the moment. data breach, which affected data from over 500 million customers, continues to be discussed by press and public alike, while the role of big data in predicting and even influencing last year’s US election brought the term firmly into.

16 Best Big Data Programs at Prestigious  MBA Schools

Dataconomy

We live in a world of 1’s and 0’s, a world of data. Consumers and businesses send and receive enormous amounts of data all day, every day. The post 16 Best Big Data Programs at Prestigious MBA Schools appeared first on Dataconomy.

Big Data: ‘Strategic Spaghetti’ For Retailers

PYMNTS

Nicole Jass, Vantiv VP of Data Products, said in a recent interview with Karen Webster that data must be the core of that strategy. But not just any heap of data will do. It must be the right data, distilled and synthesized into something retailers can actually use to help aim their flying spaghetti. Everyone loves to talk about “Big Data,” but Jass said the biggest data in the world is of little use if merchants don’t know what to do with it.

75 Big Data terms everyone should know

Dataconomy

This article is a continuation of my first article, 25 Big Data terms everyone should know. The post 75 Big Data terms everyone should know appeared first on Dataconomy. Since it got such an overwhelmingly positive response, I decided to add an extra 50 terms to the list.

25 Big Data Terms Everyone Should Know

Dataconomy

If you are new to the field, Big Data can be intimidating! The post 25 Big Data Terms Everyone Should Know appeared first on Dataconomy. Big Data Data Science Data Science 101 Understanding Big Data data science

Join Data Natives and FTR4H in the US Tour where healthcare meets big data

Dataconomy

Data Natives is teaming up with FTR4H as an official community partner for their healthcare alliance at SXSW. What happens when you combine knowledge of Big Data, AI, Machine Learning and Blockchain with innovations in the.

AI, Big Data And Automation Take Center Stage At NRF

PYMNTS

During the three-day event, retail industry leaders discussed artificial intelligence, Big Data and automation. Drawing more than 600 exhibitors, the convention featured sessions with leaders from Walmart, Best Buy, Neiman Marcus and other big-name merchants. Retail AI alibaba Amazon automation Best Buy big data china neiman marcus News NRF walmart What's Hot

Big Data’s Potential For Disruptive Innovation

Dataconomy

The post Big Data’s Potential For Disruptive Innovation appeared first on Dataconomy. Big Data Understanding Big Data big data analytics Cloudera Disruptive Innovation Hadoop NoSQL pivotal YARN

Intuit’s Big Data, Small Business Expansion

PYMNTS

Intuit is seeking to expand its QuickBooks unit in two directions: towards small businesses and towards Big Data. To do so, reports added, QuickBooks will also need to step up its data analytics game. “We are using machine learning to help identify the types of data, services and tools that a small business needs,” Pai continued. “And we have lots of data about small businesses because of our many customers.

INFOGRAPHIC: How Netflix Uses Big Data to Drive Success

Dataconomy

The post INFOGRAPHIC: How Netflix Uses Big Data to Drive Success appeared first on Dataconomy. Big Data infographicsAnyone with a Netflix subscription understands the process of finding a movie or TV show to watch.

Big Lenders Need Help With Big Data, Too

PYMNTS

Data, Horrocks noted, is today an especially poignant point of friction for financial institutions in the lending process. “Banks struggle with the connection of loan origination data to loan portfolio management data and insights,” the executive explained. ” Financial institutions today are also struggling to connect the dots between all of the ways they use data analytics to mitigate risk and add value to their lending operations, added Horrocks.

AI and Big Data: The Yin and Yang of Technical Innovation

Perficient Financial Servies

Arvind knows data, especially big data. Innovation today seems to be driven by data. AI relies on data. Just implementing any kind of artificial intelligence means you need two data sets: A training data set. A testing data set.

$50M Accelerates Big Data Startup Towards IPO

PYMNTS

Big Data management firm MapR is looking to go public, but before it does, the company announced a big funding round. 9) said MapR Technologies raised $50 million from several big-name backers. The company provides Big Data management services to the enterprise and recently announced a 100 percent increase in its bookings compared to the year prior. B2B Payments B2B B2B startup B2B venture capital big data ipo MapR What's Hot In B2B

A Big Market For Big Data – An Outlook on 2017

Dataconomy

Another year, another stellar run for the tech world’s darling – data. Big Data analytics and Business Intelligence are both fueling the growth of Enteprises all over the world, and also getting heavy investment within the Big Data market.

A Big Market For Big Data – An Outlook on 2017

Dataconomy

Another year, another stellar run for the tech world’s darling – data. Big Data analytics and Business Intelligence are both fueling the growth of Enteprises all over the world, and also getting heavy investment within the Big Data market.

The Role of Big Data and Mobile Apps in Healthcare

Dataconomy

The post The Role of Big Data and Mobile Apps in Healthcare appeared first on Dataconomy. Big Data Healthcare Internet of ThingsFor those with chronic health issues or life-threatening illnesses, the line of specialists and procedures can seem endless.

Treasurers Trust Big Data For Real-Time Risk Assessment

PYMNTS

But Big Data lands new capabilities in the hands of corporate treasurers and other executives that yields active, real-time assessments of risks from multiple angles, from counterparties to compliance. A new white paper from treasury management solution provider Hazeltree emphasizes the crucial role metrics and data play in counterparty risk management and mitigation for buy-side treasurers, for instance.

How Big Data Is Revolutionizing Sports

Dataconomy

The post How Big Data Is Revolutionizing Sports appeared first on Dataconomy. Big DataImagine you’re a quarterback and you’ve just stepped off the field. Your team has lost.

How to Boost Your Career in Big Data and Analytics

Dataconomy

The world is increasingly digital, and this means big data is here to stay. In fact, the importance of big data and data analytics is only going to continue growing in the coming years.

Big Data 4 Small Business Wins Visa/US Bank Big Hack For Small Business Competition

PYMNTS

Bank and Visa co-hosted the “Big Hack for Small Business” hackathon over the weekend, with the winner emerging as Big Data 4 Small Business. The team at Big Data 4 Small Business developed a solution that Visa said offers merchant-defined, enrichment-promoting analytics tailored to retailers. Innovation APIs big data 4 small business elavon Hackathon News Retail SMBs U.S.

10 Challenges to Big Data Security and Privacy

Dataconomy

Big Data could not be described just in terms of its size. However, to generate a basic understanding, Big Data are datasets which can’t be processed in conventional database ways to their size. Big Data Cybersecurity big data security data privacy

Planixs Taps Big Data Tools Into FinServ

PYMNTS

Big Data and analytics firm Planixs is entering further into the financial services market with help from Infor , a company that builds applications for an array of verticals, including FinServ. 1) said Planixs and Infor will collaborate on Planixs’ Realiti solution, a platform that aggregates and analyzes data from external accounts and systems for real-time insight. B2B Payments B2B big data finserv innovation Infor Planixs What's Hot In B2B

Steering Big Data Projects in the Modern Enterprise

Dataconomy

Just a few years ago, enterprise organizations had to be convinced that Big Data was a real-world opportunity worth investing in. By 2016, 63% of those enterprise leaders were saying they considered Big Data and advanced analytics initiatives a necessity in order to remain competitive.

Turning Big Data from Cost to Revenue

Dataconomy

Big Data and the Internet of Things are currently being lauded in many industries as the new frontier for business and, with seemingly ground-breaking solutions being rolled out for innumerable different use cases daily, it’s certainly not all hyperbole.

Hadoop Evolved: How Industries Are Being Transformed By Big Data

Dataconomy

The post Hadoop Evolved: How Industries Are Being Transformed By Big Data appeared first on Dataconomy. Big DataA 50-year-old man runs on the treadmill and receives an alert on his Apple Watch.

Big Data For Business Takes A Page Out Of Google Search’s Book

PYMNTS

Google revolutionized the way we access data. Ajeet Singh, CEO and co-founder of data analytics firm ThoughtSpot , says that can be what it feels like for a company that has implemented sophisticated data and business intelligence technology — usability can be a massive hurdle to overcome, severely limiting that technology’s effectiveness. Today’s enterprises need to ensure a culture of data literacy throughout the organization,” said Singh. “In

Big data basics for tech beginners

Dataconomy

Despite big data currently ranking among top business intelligence and data analytics trends, businesses continue to suffer from a lack of data-savvy talent. Research from BARC shows half of respondents reporting a lack of analytical or technical know-how for big data analytics. This is good news for tech beginners, however, The post Big data basics for tech beginners appeared first on Dataconomy. Big Data Resources

The Impact of Big Data on Banking and Financial Systems

Dataconomy

Today, most banking, financial services, and insurance (BFSI) organizations are working hard to adopt a fully data-driven approach to grow their businesses and enhance the services they provide to customers. Big Data Finance banking

Improving Employee Management using Big Data

Dataconomy

Google has been providing an excellent workplace atmosphere to its staff – The post Improving Employee Management using Big Data appeared first on Dataconomy. Big Data Professional Services Employee management

HOW HEALTH TECH STARTUPS USE BIG DATA AND AI TO TRANSFORM DIABETES CARE IN 2018

Dataconomy

Diabetes is a disease that trifles victims on a world-wide scale and as big data and artificial intelligence (AI) become more innovative, so are methods of treating diabetes. Here are just five ways big data and AI are rerouting diabetic treatments.

Big Data, For Big Supply Chain (And Payments) Improvement

PYMNTS

The rise of Big Data means that firms can use technology to pinpoint weaknesses in workflow that stretch across back-office functions, in invoicing to receivables management, and up and down supply chains as firms interact with vendors, timed deliveries and shipments. One firm, Celonis , uses Big Data and machine learning to help firms find heretofore hidden pockets of process weakness. B2B Payments B2B big data celonis rinke

Applications of Big Data Analytics That Yield the Most Value

Let's Talk Payments

Worldwide revenues for big data and business analytics will grow from $130.1 Analytics Big data Insights Asia Big Data Analytics Europe insights USbillion in 2016 to more than $203 billion in 2020, at a CAGR of 11.7%, IDC estimated. “The.

Socure CEO: Facebook’s Big Data Fix

PYMNTS

The first, that a political consulting firm called Cambridge Analytica used a personality testing app to vacuum up data from around 50 million of Facebook’s users, causing a massive stir. political consulting firm that uses data to target information to a country’s citizens to influence their thinking about political issues. First of all, Facebook maintains that they weren’t honest about the purpose of the app or the data it gathered.

Giving Big Data Decision-Making A Real-Time Touch

PYMNTS

Big data, big data, big data. We all know the term, understand its significance and have seen plenty of examples across the industry of how businesses are utilizing massive amounts of data (and the applied analytics needed to make sense of it all) as a competitive edge in the market. But what if the way companies are going about big data and analytics is all wrong? Basically, a good big data and analytics architect is hard to find.

7 Signs You Should Move to Big Data Storage

Dataconomy

Relational databases have been in place for decades, but many organizational owners as well as administrators have come across the concept of big data. Big data defies the laws of relational databases and lets you store unstructured data.