In 2019, global venture capital investment in Fintech totaled at least $33.9 Billion. For years, the incumbent players had been warning the sector that when the next recession hit, or when fintech faced a “real” crisis, that the sector would, at worst, collapse, and, at best, see a whole bevy of fintech players disappear
It’s the ultimate Catch-22. As businesses grow, executives need to keep a close watch on operations — but that growth itself can blur visibility. Multiple teams, data sources, and silos of information can create challenges in determining who is doing what, where inefficiencies exist, and what improvements should be made.
Data Science tools, algorithms, and practices are rapidly evolving to solve business problems on an unprecedented scale. This makes data science one of the most exciting fields to be in. As exciting as it is, practitioners face their fair share of challenges. There are well-known barriers that slow down predictive modeling or application development. Finding the right data and getting access to it are two of the top pain points we hear from our customers.
I’ve been blogging for about a year about the power of misinformation and our obligations as data professionals to combat it. In a March 2021 blog post, titled “The Power of Misinformation,” I outlined some of our biological instincts that make us susceptible to misinformation and how tricksters exploit them.
I don’t think anyone could argue that the last two years have changed the workplace forever. Entire nations have been confined to their homes during months of lockdowns, and the way we conduct business and interact with each other has passed a point of no return.
Data is the true currency of the digital age, and it plays an indispensable role in defining and accelerating the mission of Government agencies. Every level of government is awash in data (both structured and unstructured) that is perpetually in motion. It is constantly generated – and always growing in volume – by an ever-growing range of sources, from IoT sensors and other connected devices at the edge to web and social media to video and more.
A new study from McKinsey warns that profit pools in the healthcare industry are likely to be flat due to the ongoing effects of the COVID-19 pandemic. To combat this stagnancy, the study identifies a number of opportunities for innovation in the industry.