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5 Industries That Are Being Revolutionized By Big Data

Smart Data Collective

IBM wrote an excellent report about the use of big data in the retail sector. This kind of information ensures that retailers can understand their customers better and implement what is needed to keep their customers happy and returning. In this article, we reveal five industries which have been reshaped by big data technology.

Big Data 278
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Here’s How Blockchain Can Change Bancassurance

Smart Data Collective

Whether it is identity authentication, increasing the speed of cross-border payments , supply chain optimization or transportation logistics, blockchain technology has been providing solutions to a variety of industries. IBM and CCB’s blockchain solution solves the issue of slow information exchange between banks and insurance companies.

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Leveraging AI and Workflow Automation in Manufacturing

Argon Digital

Business Processes Improved by AI The implementation of AI can transform various business processes in manufacturing, including: Production Planning : AI algorithms can optimize production schedules, taking into account factors such as machine availability, workforce capacity, and material availability.

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Leverage Blockchain Technology for Supply Chain Management

BizAcuity

Quite recently, the logistics industry was introduced to Edge and Fog cloud computing , to make the use of IoT devices (for analytics) cost-effective and efficient. This also meant leveraging blockchain technology for supply chain management could revolutionize the logistics industry forever. Industry 5.0 Conclusion.

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How Data Management and Big Data Analytics Speed Up Business Growth

BizAcuity

Ensuring rich data quality, maximum security & governance, maintenance, efficiency in storage and analysis comes under the umbrella term of Data Management. According to IBM, on average it takes 228 days to identify a security breach and 80 days to contain it. They tell you how big data helped them create a mark in today’s world.

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Top Legacy Modernization Tools for 2024

Astera

Example: An online retailer moves its e-commerce application from an on-premises IBM WebSphere server using Java EE to AWS for better scalability and performance. The replatforming involves rehosting the application on AWS Elastic Beanstalk migrating the database from IBM DB2 to Amazon RDS for PostgreSQL.

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5 Best Practices for Big Data Integration 

Astera

quintillion bytes, according to IBM. From driving targeted marketing campaigns and optimizing production line logistics to helping healthcare professionals predict disease patterns, big data is powering the digital age. Organizations can ensure effective data governance by implementing the following measures.