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Understanding the 5Vs of Big Data

Acuvate

In order to understand at what point ‘data’ transitions into being ‘big data’, and what its key elements are, it is imperative that we study the 5 Vs associated with it: Velocity, Volume, Value, Variety, and Veracity. What is Big Data. Big data volume defines the ‘amount’ of data that is produced.

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6 Remarkable Applications of AI in the Oil & Gas Industry

Acuvate

Powerful technologies like AI, machine learning, IoT, and Big Data monitor on-field operations to identify fatal signs, such as hazardous gas levels and unauthorized personnel access. For example, shipping documents, invoices, candidate resumes, etc. Driving workplace safety. Back-office process optimization.

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Top 5 Digital transformation use cases for the BFSI industry

Acuvate

Moreover, advanced AI-driven smart analytics and Big Data analytics can analyze customer needs, behavior, and profiles and suggest suitable financial products and services. Chat and voice-enabled bots can also offer intelligent savings and investment advice armored with customer data. AI-driven cognitive document processing.

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Five Innovations That Are Addressing Supply Chain Troubles

IdeaScale

Big Data and AI. Data science and artificial intelligence had been part of the logistics industry well before the pandemic. It’s vital to understand that the primary goal of AI in this scenario is to analyze data and draw out patterns for humans to review. Here are five areas in which this is happening.

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How a Big Data Strategy Can Fight Insurance Fraud

mjvinnovation

At the same time, insurers have also understood that they need a Big Data strategy for various purposes. Continue reading and understand how Big Data can help insurers avoid headaches and financial damage! What is Big Data. ” Real Time Big Data. ” Real Time Big Data.

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Industry 4.0

eZassi

It’s all about embracing automation, artificial intelligence, big data, and the Internet of Things to optimize productivity, efficiency, and innovation across the supply chain. Industry 4.0 Industry 4.0

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Monetizing Big Data in Next-Generation Mobility

Corporate Innovation

In my book and previous posts I build a broad case for the importance of big data and AI in next-generation mobility , and provide several examples of data that is being collected, or can be collected, in a variety of transportation and logistics situations. The Value Added By Big Data and AI. Fleet creation.