Law enforcement has many highly sophisticated tools available for helping to pin down those who commit crimes. Cyber criminals are more difficult to catch than those who commit theft and assault, and still more difficult is preventing crime before it happens. Big data is proving very useful for filling in these gaps in law enforcement technology, providing insights and … [Read more...] about How to Control Crime with Big Data and Predictive Analytics
fraud
Will Analytics and Technology Put an End to Credit Card Fraud?
If you havent noticed the change, youre living in a cave. Now, businesses are charged with helping banks and credit card processors fight credit card fraud. The stakes are high and the battle against thieves is on a field that includes big data, machine learning, and hardware. Around half of the worlds credit card fraud happens in the United States. Because of that stunning … [Read more...] about Will Analytics and Technology Put an End to Credit Card Fraud?
How Credit Card Companies Use Big Data to Improve Industries
Credit card companies are among the most data-savvy organizations in the world and they have been ever since their birth. The reasons for this are very simple and arguably the biggest one of these is the fact that credit card companies operate with enormous numbers of both credit card holders and merchants. In order for this machine to keep running the way it should and for it … [Read more...] about How Credit Card Companies Use Big Data to Improve Industries
9 Ways How Commercial Analytics Create Business Value
I first became involved in commercial analytics in the eighties. First, through my involvement in customer segmentation and data visualisation, principally in banking but also in energy, manufacturing and the chemical industry. It also emerged later, in conjunction with my activities at the Sperry European Centre for AI, and was centred on pricing and yield management … [Read more...] about 9 Ways How Commercial Analytics Create Business Value
4 Ground Breaking Use Cases of Big Data and High Performance Computing
With the amount of data that organizations have to deal, with expected to grow into the exabytes in the coming year(s), we will need better technology. Bring in High-Performance Computing, or HPC in short, and a completely new world opens for you. HPC is dramatically changing the playing field. In the past years, it has grown from an innovative feature used only by the most … [Read more...] about 4 Ground Breaking Use Cases of Big Data and High Performance Computing