Data privacy is at the heart of every prominent security threat – what are the top best practices for keeping data private? Some of the major cyber security challenges in 2023 are ransomware, hacking of cloud service vendors, and wiper malware. During ransomware attacks, bad actors obtain or encrypt sensitive information. The victims are urged to pay […]
How Hyper-Automation Technology Is Democratizing Innovation
We all know the fable about the grasshopper and the ant. While the ant works throughout the summer to store food for the winter, the grasshopper enjoys the sunshine. When winter comes, the grasshopper begs the ant for food, but the ant turns its back. There’s a modern version of that story in which the […]
Building Better Insights: Enabling Real-World Data-Driven Drug Development
By 2025, the drug discovery market is expected to reach $71 billion. While recent growth in the market was largely influenced by the COVID-19 pandemic and the need for vaccinations, a need for more robust data and analytics has also contributed to the industry’s rapid development. Developing new drugs involves substantial money and time – and […]
Automated Vulnerability Detection: Mitigate Fraud and Strengthen Your Cybersecurity Defense
Cyberattacks are now a severe threat to organizations leveraging cutting-edge technology in the digital-first world. Whether phishing or malware attacks, cybercriminals increasingly exploit sensitive business information and customer identities. And what’s more worrisome is that the conventional cybersecurity architecture seems impotent against advanced attacks, since attackers are finding new ways to breach a network. Hence, there’s […]
How Analysts Leverage Creativity to Gain Powerful Insights from Alternative Data
Creativity is critical to producing superior results in any field, whether it’s the arts, sciences, or technology. The same can be said for alternative data analysis. The most successful data scientists apply creativity by thinking out of the box when analyzing information to solve challenging problems or understand human behavior. From investment decisions to public policy and […]
7 Best Practices for Data Collection in 2023
Digital procedures play an important role in modern business, as they generate lots of valuable information that can be used to improve organizations and advance their goals. Thus, in 2023, website data collection will be a staple for most growing firms in various industries. However, as with any craft, there are bad, good, and better ways to collect website […]
Why Good Data Management Matters Now More Than Ever
In the early days of business analysis and underwriting, data was managed with simply a pen and paper and, of course, Excel spreadsheets. As technology has advanced, databases, warehouses, and data lakes have enabled information to be collected, stored, and managed electronically. But as businesses have rapidly increased the volume, velocity, and variety of data […]
4 Essential Data Management Principles
Data is central to modern businesses. However, most companies fumble their approach to Data Management and fail to draw insights as a result. Data Management might seem like a back-office function, but it is critical to a modern company’s success. Getting started with or fixing your Data Management processes might seem intimidating. Here are four essential Data […]
How FinOps Can Help Companies Optimize Their Cloud Instance
There’s a lot of buzz about FinOps, yet not many companies have incorporated it into their cloud strategy. According to our latest research – The State of Multi-Cloud Management – only 24% of surveyed organizations have a mature, effective FinOps practice in place. That number is predicted to grow, with 70% of respondents planning to make necessary […]
Driving Digital Transformation in the Insurance Industry: Embracing AI-Powered Solutions
The insurance industry has witnessed a significant shift in recent years as technological advancements continue to transform traditional business models. From underwriting to claims management, artificial intelligence (AI) and machine learning have paved the way for innovative solutions that improve efficiency, accuracy, and customer satisfaction. One such breakthrough is the emergence of AI-powered solutions such […]