Many financial firms are increasing their use of AI models because they can represent the real world more accurately, and they can deliver better projections than traditional, rule-based models. But some AI models can add complexity and risk.
You can minimize that risk and also streamline the
High-quality data is the core requirement for any successful, business-critical analytics project. It is the key to unlock and generate business value and deliver insights in a timely fashion. However, stakeholders across the board are responsible for data delivery, quickly evolving requirements,
Haruto Sakamoto, the Chief Information Officer at a Japanese multinational imaging company, had a few challenges to contend with. His business units had a presence in 180 countries worldwide with geographically-dispersed data warehouses and business intelligence applications in various locations.
The number of business segments requiring data to drive contextual insights is increasing. Leaders are seeking new ways to manage the pressures of delivering high-quality data faster across their businesses. To date, many of these projects have focused solely on ingesting data into a data lake
Let’s say you’re the Chief Technology Officer of a bank or retailer struggling to infuse AI that aims to improve customer experiences. You likely face three main challenges:
Data sprawl: Your customer data is currently on multiple clouds, including on-premises and a cloud data lake storage
While data is an enterprise’s most valuable resource when it comes to gaining competitive advantage and improving business performance, time is a critical component. Businesses run 24x7, tasking our data citizens to maximize actionable insights that will drive the actions of tomorrow.
Together, IBM and Cloudera offer a modern data platform with the governance and security to drive the future of AI and ML. Our solutions are optimized for the cloud, but we give our customers options to put their data where it works best for them.
Every company has its own set of problems that it attempts to solve. In our case, we needed a more efficient and accurate way to identify the relationships between businesses on which we maintain data.
Martec's law states, “Technology changes exponentially; organizations change logarithmically.” Translation? Technology will accelerate faster than companies can adapt to increasing data growth and adopt new business models.