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How Big Data And AI Are Aiding The Fight Against Pandemics

Acuvate

Since the first reported case in Wuhan, China, of the Coronavirus, or COVID-19 as it is now known, the virus has spread to 166 countries with the number of global COVID-19 cases exceeding 614K. Using Big Data to Track the Spread of the Virus. The world is currently living through one of the worst pandemics of the century.

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Top 5 Digital transformation use cases for the BFSI industry

Acuvate

“Digital banking,” “super apps,” “hyper-personalization,” “customer experience,” and “agility” — are the terms redefining the BFSI industry today. Additionally, even though banks invest large sums of money in contact centers for handling inbound customer queries, a majority of these calls are generic and repetitive.

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JP Morgan Developing Powerful Crowdsourcing Platform

IdeaConnection

JP Morgan the American multinational investment bank and financial services company is working on a new website that is going to use crowdsourcing to accumulate large volumes of data to help its clients make better decisions. Details may be scarce but there are tantalizing hints of what the investment bank has in mind.

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Digital Trust: Multi-cloud Data Value

Information Playground

In 2014 EMC partnered with Capgemini to conduct an industry survey on Big Data. Buried deep within the Big Data Report  was the following quote: “Among our respondents, 63% consider that the monetization of data could eventually become as valuable to their organizations as their existing products and services”.

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Overwhelmed, underwhelmed at the Web Summit, Lisbon

Paul Hobcraft

The good news I have just found out is the Web Summit has launched a $50 million VC fund baptized Amaranthine , the Financial Times reported. It has the chance to mingle, seek out tech founders, investors, prime ministers, magazine editors, heads of global banks and multiple startups all under one roof. Yet it is a little scary.

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Advanced Analytics in HR: Applications and Examples

Acuvate

In fact, according to a report by Gartner, 70% of organizations expect to increase the resources they dedicate to talent analytics in the coming years. In fact, a PwC report on Performance Management highlights that 52 percent of organizations have made or are planning to make changes to employee performance management in the near future.

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Banking Transformation: Insights from Lloyds and Santander UK

Planview

With the holiday season in full swing and a global recession predicted sometime in the new year, banks remain committed to investing in modernized technology through digital banking transformation efforts vs. traditional cost-cutting routes. “Retail banking customers are expecting more from their banks.