In my experience working with realtime trading and regulatory reporting systems, even a few minutes of data pipeline downtime can have outsized costs. One analysis estimates UK financial firms lose on average over 7,000 per minute of system outage, not to mention reputational damage and fines. To meet the FCA/PRA's strict resilience rules and high-frequency reporting demands … [Read more...] about Designing Self-Diagnosing, Self-Healing Data Pipelines for UK Finance
Data processing
4 Techniques for Effective Ecommerce Data Migration
eCommerce sites can change their platforms for various reasons. Either their current platform isn't performing up to the mark, or it can't scale, or there is high-cost ownership, and whatnot. Studies show that more than 60% of eCommerce companies are planning to migrate to an eCommerce platform soon. But with this migration comes many considerations such as what platforms to … [Read more...] about 4 Techniques for Effective Ecommerce Data Migration
Adapting to the Future: Ethical AI’s Transformative Role in Data Collection Companies
Earlier data collection was only focused on gathering relevant information on time and budget. With the advent of technologies like Artificial Intelligence (AI) and Machine Learning (ML), organizations are not only doing data collection but also interpreting complex information and creating better understanding of data dynamics.Consider AI as the detective gathering cues. For … [Read more...] about Adapting to the Future: Ethical AI’s Transformative Role in Data Collection Companies
Beyond Cost Saving: 5 Key Benefits of Outsourcing Automated Data Processing Across Industries
Data is the digital gold for modern businesses, regardless of the domains or verticals they deal in. From understanding customer behaviour and changing market dynamics to optimizing operational efficiency, data-driven insights fuel informed decision-making and strategies. However, pooling, processing, and analyzing vast amounts of data, especially with the ever-growing deluge … [Read more...] about Beyond Cost Saving: 5 Key Benefits of Outsourcing Automated Data Processing Across Industries
Want to Slash Cloud Data Processing Costs? Explore the Top 5 Optimization Techniques
Cloud adoption is a must for big data applications. As data volumes grow and workloads increase, on-premise solutions quickly become too expensive, slow and unscalable to justify. Even so, cloud data processing costs can - and often do - get out of hand without the right strategy.Big data processes will only grow from here, so businesses must consider long-term cloud … [Read more...] about Want to Slash Cloud Data Processing Costs? Explore the Top 5 Optimization Techniques
