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B2B-Network:
Analysis
How Predictive Analytics Disrupts the Status-Quo
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Among the emerging technologies which have gained widespread acceptance, and have the potential to cause significant disruptions, is predictive analytics. Predictive analytics measures and analyses variables, to unearth patterns, and predict the likely behaviour of machinery or people

 

How Predictive Analytics Works

The emergence of Big Data has fuelled the growth of predictive analytics. A data model for predictive analytics co-opts many variables likely to influence the outcome of an event. Predictive analytics software applies advanced algorithms and statistical...

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3 Financial Problems which Only Artificial Intelligence Can Solve
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Artificial intelligence, AI, has been developing for over five decades. Its development has gained more traction in the last five years than the rest of the years combined. Advancements in cloud computing, machine processing speeds, big data and open source software have been the key catalysts. The technology is a promising solution to some crucial trading problems which include accounting, fraud, and algorithm analysis.

 

1. Automated Accounting

Accounting in business is just as labour intensive as it is error sensitive. Using AI in the financial industry will automate the entire...

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Analysis
Benefits of Big Data analysis in Banking and Finance
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Banking and financing enterprises are using big data technology in their daily operations, including service delivery and security. Big data analysis helps the company to cope with the rising competition in the banking industry, and in solving the problems they encounter, when trying to achieve the objectives of the firm. There are several sectors where investment and financing businesses are benefiting from significant data analysis.

 

Customer service

Banking firms have a vast number of clients, and they should ensure that customers' data and security are well taken...

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