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How Healthcare and Life Sciences Organizations Are Accelerating Data, Apps and AI Strategy in the Data Cloud

Accelerate Healthcare and Life Sciences is a one-day virtual event, featuring technology and business leaders from Elevance Health, Ginkgo Bioworks, Datavant and more, to discover executive priorities, best practices and potential data and AI challenges that are top of mind for 2024.

Snowflake Cortex LLM Functions Moves to General Availability with New LLMs, Improved Retrieval and Enhanced AI Safety

Snowflake Cortex is a fully-managed service that enables access to industry-leading large language models (LLMs) is now generally available. You can use these LLMs in select regions directly via LLM Functions on Cortex so you can bring generative AI securely to your governed data. Your team can focus on building AI applications, while we handle model optimization and GPU infrastructure to deliver cost-effective performance.

Best Data Mining Tools in 2024

Data mining, also known as Knowledge Discovery in Data (KDD), is a powerful technique that analyzes and unlocks hidden insights from vast amounts of information and datasets. Data mining goes beyond simple analysis—leveraging extensive data processing and complex mathematical algorithms to detect underlying trends or calculate the probability of future events.

What is Online Transaction Processing (OLTP)?

OLTP is a transaction-centric data processing that follows a three-tier architecture. Every day, businesses worldwide perform millions of financial transactions. This fact brings to mind client-facing personnel such as bank tellers and supermarket cashiers tapping away on keyboards and at cash registers, and with good reason. According to ACI Worldwide, a payment systems company, there was a 42.2% growth in global real-time transaction volumes in 2023, amounting to 266.2 billion transactions.

Accelerating Deployments of Streaming Pipelines - Announcing Data in Motion on Kubernetes

Organizations are challenged today to become both more data driven and more nimble to adapt quickly to changing conditions. These challenges are the driving forces behind much of their digital transformation or “modernization” efforts.

Data Prep for AI: Get Your Oracle House in Order

Despite the transformative potential of AI, a large number of finance teams are hesitating, waiting for this emerging technology to mature before investing. According to a recent Gartner report, a staggering 61% of finance organizations haven’t yet adopted AI. Finance has always been considered risk averse, so it is perhaps unsurprising to see that AI adoption in finance significantly lags other departments.