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Introducing Lightweight, Customizable ML Runtimes in Cloudera Machine Learning

With the complexity of data growing across the enterprise and emerging approaches to machine learning and AI use cases, data scientists and machine learning engineers have needed more versatile and efficient ways of enabling data access, faster processing, and better, more customizable resource management across their machine learning projects.

How a modern data platform supports government fraud detection

November 15-21 marks International Fraud Awareness Week – but for many in government, that’s every week. From bogus benefits claims to fraudulent network activity, fraud in all its forms represents a significant threat to government at all levels. Some experts estimate the U.S. government loses nearly 150 billion dollars due to potential fraud each year, McKinsey & Company reports.

Fraud Prevention - 3 Data Strategies for Financial Services

Fraud awareness in the Financial Services industry is more important than ever. According to the September 2020 benchmarking report conducted by the Association of Certified Fraud Examiners (ACFE) in response to the coronavirus, 77% of survey respondents, representing a range of industries, have observed an increase in the overall level of fraud as of August, compared with 68% in May. The report reveals 68% of respondents have observed an increase in payment fraud schemes (vs.

Fraud Detection using Deep Learning

One of the many areas where machine learning has made a large difference for enterprise business is in the ability to make accurate predictions in the realm of fraud detection. Knowing that a transaction is fraudulent is a critical requirement for financial services companies, but knowing that a transaction that was flagged by a rules-based system as fraudulent is a valid transaction, can be equally important.

Combating Fraud in Insurance with Data

Well, it is International Fraud Awareness Week, focused on promoting fraud prevention and education. A fantastic initiative! Maybe I am naïve but I feel a bit sad that there is a need for “fraud week”. The insurance industry has a long and intimate relationship with fraud in many different ways. Insurance fraud can take place at a process or business function level, most notably in claims or underwriting.

Extreme data center pressure? Burst to the cloud with CDP!

Here at Cloudera, we’ve seen many large organizations struggle to meet ever-changing and ever-growing business demands. We see it everywhere. Traditional on-premise architectures, which create a fixed, finite set of resources, forces every business request for new insight to be a crazy resource balancing act, coupled with long wait times, or a straight-up no, it cannot be done.

Expediting SQL Workers means Expediting your Business

Two of the more painful things in your everyday life as an analyst or SQL worker are not getting easy access to data when you need it, or not having easy to use, useful tools available to you that don’t get in your way! As one of my dear customers, a data worker in Pharma, said to me: “I really don’t care about bells and whistles, I just want to get my task done.” This simple statement captures the essence of almost 10 years of SQL development with modern data warehousing.

The Security Challenges of Data Warehousing in the Cloud

Many organizations struggle to meet growing and variable data warehouse demands. No matter how much they pad their annual IT budgets, there never seems to be enough capacity to cover unexpected business requests. This leads to resource restrictions for the various business units that use the platform. When business units are not well served by central IT, “shadow IT” emerges.