Recently, we witnessed how some of the biggest financial services companies in Australia such as CommBank and AMP are battling a full-blown crisis for being on the wrong side of the regulatory and compliance norms. Post the 2008 financial crisis, the pendulum in the financial services industry is swinging between heavy regulations and lower risk. […]
The population of our planet is nearly 7.5 billion out of which, more than half, that is approximately 4.1 billion are active online. With the availability of digital media, the menace of fake news has grown tremendously. So much that it can be called an era of fake news. Media houses worldwide have realised the […]
IoT or Internet of things involves embedding sensors in traditionally used devices and enabling internet connectivity in them to collect a range of ambient data. IoT devices can sense their surroundings and communicate this data over the Internet, and they can in turn also be remotely controlled.
‘Unstructured data’ is a generic term used to indicate all data that does not reside in relational databases. It accounts for all information that is not organised or structured. Examples of such information are social media conversations, electronic health records, documents, files, images, videos, audios, sales and marketing collaterals, emails, and even log files generated […]
We are living in a data-driven age, and there’s no denying that advanced innovations of Data Analytics, Machine Learning, and Data Science have transformed every industry around the world.
The amount of digital data generated worldwide is so vast that it is nearing levels that require new naming conventions.
What do successful businesses have in common? One of the most straightforward answers is that they are powered by data. With large amounts of data available at their disposition, they can make informed decisions. Whether your business collects data manually by talking to the customers, or whether you get them virtually via forms, it can […]
When it comes to AI and machine learning, we seem to be entering a golden age.
The wave of connectivity had extended beyond the phones, laptops, and tablets and is permeating into our daily lives. With an explosion of connected devices in the market and a healthy adoption rate, we can safely assume that we are taking confident strides into the ‘connected life’ made possible by the IoT.
Retail Industry is looking at Artificial intelligence (AI) and machine learning (ML) as a solution to take their organisation to the next level of productivity and customer experience. To explain this better, let us look at it this way – retail companies have access to a huge amounts of data about their customers and their […]
