In the modern business landscape, data is the new currency. It informs decisions, drives strategies, and can be a key differentiator in competitive markets.

Only through a holistic automation strategy can banks truly harness their data analytics stack and deliver more personalised products to customers.

“Improving data and AI literacy is critical to identifying relevant and value-adding AI use cases,” said Melissa Davis, VP analyst, Gartner. 

Tapping into the power of predictive analytics frees up managers and recruiters for more in-depth interviews and screening.

"As AI continues to evolve, so does the sophistication of the data analytics solutions it underpins – but before banks can take advantage of this they must first address the ‘state’ of their data."

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According to research by EXL, around 89 percent of insurance and banking firms in the UK have introduced AI solutions over the past year. However, issues with data optimisation could hinder their impact.

The United Arab Emirates is catching up with technological advancements in the United States, China, and Europe, setting up an artificial intelligence (AI) council that will govern and create policies for the emerging market.

This article is part of Bain's 2024 M&A Report.

Belgian tanker giant Euronav has sold its Fleet Automatic Statistics and Tracking (FAST) platform to Danish vessel optimisation brand ZeroNorth. FAST collects advanced high-frequency data in real-time from sensors across Euronav’s fleet. The Saverys family…

The benefits and challenges of data operations in data analytics

In an Era Where Data is More Abundant Than Ever, Modern Businesses are Turning Towards Predictive Analytics as a Pivotal Element of their Strategy

Network analytics help IT teams manage and secure data networks, improve security, fine-tune performance, troubleshoot network problems, predict traffic trends, perform forensic investigations for incidents and open new business opportunities in some cases.…

Smaller models, better chips and renewable power help. So does only using AI when you need to.

Italian watchdog, Garante, which assesses AI platform compliance with EU regulations, has given OpenAI 30 days to respond.

A guide to the best books about artificial intelligence.

Artificial intelligence act: Council and Parliament strike a deal on the first rules for AI in the world.

The partnership aims to help Melon Mobile gain better understanding of customer behaviour and develop new mobile solutions.

With its purchase of Einblick, Databricks has made three acquisitions to foster the GenAI capabilities at the core of its new Data Intelligence Platform.

Nobody ever said data management was easy. Fortunately, even the most daunting obstacles can be resolved by taking the right approaches.