5 Industries That Rock Big Data Analyticsby@n-ix
413 reads

5 Industries That Rock Big Data Analytics

August 13th 2019
4 min
by @n-ix 413 reads
tldt arrow
Read on Terminal Reader

Too Long; Didn't Read

Each day we produce 2.5 EB of data, also known as Big Data. 96.1% out of Forbes 1,000 list report [2] growing investment in Big Data and AI. Big Data has numerous applications in finance and banking: advanced decision making, process management, customer profiling, customer’ profiling (to create accurate segmentation, forecast the needs, deliver personalized services), or even fraud and risk management. JPMorgan Chase is using big data analysis to establish prices for properties that have been repossessed and minimize the risks of local property market default.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail

Coin Mentioned

Mention Thumbnail
featured image - 5 Industries That Rock Big Data Analytics
N-iX HackerNoon profile picture

@n-ix

N-iX
react to story with heart

RELATED STORIES

L O A D I N G
. . . comments & more!
Hackernoon hq - po box 2206, edwards, colorado 81632, usa