Finalytica June 2022 : Latest Happenings
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- As per the Analytics India Industry Study 2022, the Analytics industry recorded a substantial increase of 34.5% on a year-on-year basis in 2022, with the market value reaching USD 61.1 billion. The overall Analytics industry is projected to reach a size of $201.0 Billion by 2027 at a CAGR of 26.9%.
Finalytica May 2022: Experiential Learning – Cloud Security for Financial Services
Cloud Security for Financial Services
Cloud adoption is rising across industries at a steady rate, with over 90% of organizations using cloud computing technology. Now while industries have started relying on cloud services for their varied data and operational needs, there is one industry that is taking its time to adopt the idea on a holistic level i.e.… Continue reading
Finalytica May 2022 : Latest Happenings
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- Global market for AI in big data and IoT as a whole will reach $31.4B by 2027. Embedded AI in support of IoT-connected things will reach $7.2B globally by 2027. Overall market for AI in big data and IoT will be led by Asia Pac followed by North America.
Finalytica April 2022 : Latest Happenings
- As per the report by Fortune Business Insights, the global big data analytics market size stood at USD 206.95 Billion in 2020 and is projected to reach USD 549.73 Billion by 2028, exhibiting at a CAGR of 13.2% in the forecast period.
Finalytica March 2022: Experiential Learning – Predicting Affluence using Proprator
Introduction
Private sector banks who have strong customer base in retail, corporate and NR space needs to assess their customers income levels which will help the companies in targeting specific customers and create customer centric campaigns.
With the help of Real Estate portals, we can extract the required Properties information for assessing the real estate prices and thus the predicting income levels of people living in the properties.… Continue reading
Finalytica March 2022: Latest Happenings
- Gartner’s ‘cloud shift’ research includes only those enterprise IT categories that can transition to cloud, within the application software, infrastructure software, business process services and system infrastructure markets. By 2025, 51% of IT spending in these four categories will have shifted from traditional solutions to the public cloud, compared to 41% in 2022.
Knowledge series – Best of 2021
We are glad to share some of our most read and applauded Knowledge series and Experiential Learning articles of the year 2021 to recap the year gone by.
Business intelligence (BI) solutions combine business analytics, data mining, data visualization, data tools and infrastructure, creating data models and helping organizations to make more data-driven…
Finalytica March 2021: End-to-End BI Solutioning – G-Square Solutions
Automated machine learning, also referred to as automated ML or AutoML, is the process of automating the time-consuming, iterative tasks of machine learning model development…
Insights derived through Natural Language programming are used to solve the problem by providing key statistical highlights of the data, extracting valuable insights which are key pointers for business to act upon, and prescribing actions to be taken…
Based on a risk, banks and financial institutes want to take actions in these rapidly growing financial markets and one of most important risk that they are exposed to is credit risk.… Continue reading
Outlook for 2022 & going forward – AI, ML, Fintech World
AI, ML & Data Analytics trends
- Some interesting Technology trends which have bearing on the AI impact for AI & ML driven Data Analytics practices. This is per the latest Gartner Report on Top Technology Trends for 2022:
- By 2025, cloud-native platforms will serve as the foundation for more than 95% of new digital initiatives, up from less than 40% in 2021
- By 2023, more than a third of large organizations will have analysts practicing decision intelligence including decision modeling
- By 2025, the 10% of enterprises that establish AI engineering best practices will generate at least three times more value from their AI efforts than the 90% of enterprises that do not.
Finalytica Dec 2021:Persistency Analytics solution for a Large Life Insurance Company
BACKGROUND
Life Insurance companies are usually looking for innovative solutions to manage their persistency business through the power of analytics to improve their persistency. They also need a user-friendly cloud-based reporting solution for Persistency tracking and enhancement.
Let’s discuss one such use case for the Persistency.… Continue reading
Finalytica Dec 2021: Latest Happenings in AI and Analytics
- According to a latest Gartner report, Indian Corporates are expected to spend a total of $101.8 billion on Information technology (IT) in 2022 to support new IT projects. This marks a 7% increase in IT spending as compared to 2021, which saw India spend $95.1 billion on IT services, the report released on Wednesday said.
Finalytica Nov 2021: Experiential learning
Introduction
Systematic Investment Plans in Indian Mutual fund industry is an important way of garnering inflows into Equity funds for the Indian Fund houses. The Industry has grown to regular monthly inflows of INR 10,000 crs with an investor base of around 46 million. … Continue reading
Finalytica Nov 2021: Latest Happenings
- As per the latest Forrester 2022 Predictions for Asia Pacific report, Global cloud-native adoption rose last year since Developers reported increased usage of containers (33% to 42%) & serverless (26% to 32%) at their organisation which will accelerate enterprise modernisation and implement future fit technology strategies further in Year 2022.