CFOtech US - Technology news for CFOs & financial decision-makers

Big Data stories - Page 7

Exploding information quantities to the emergence of the term ‘Big Data’ for datasets which can’t be handled by common database and data processing tools. It literally means what it says, but beyond Volume, there are additional characteristics commonly associated with Big Data. These include Velocity – the rate at which the data is generated (and therefore changes) is rapid; and Variety/Variability – multiple data types renders standard tools incapable of handling it. Generally Big Data refers to datasets measured in terabytes, petabytes, or greater. The term can refer to the datasets themselves, as well as techniques for analysis and visualisation.
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Exclusive: Nuix CEO warns 'poor data in AI only results in poor decisions faster'

Thu, 10th Apr 2025
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data analytics
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data science
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risk & compliance
Nuix CEO Johnathan Rubinsztein highlights the company's transformation to a platform model, aiming for clarity and trust in AI amidst rapid technological change.
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Vertex AI unveils tools for multi-agent ecosystem development

Thu, 10th Apr 2025
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data analytics
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digital transformation
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ai
Vertex AI has unveiled new features to strengthen enterprise multi-agent ecosystems, promising simpler development and enhanced integration for AI systems.
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2025 report reveals trends in open source software use

Wed, 9th Apr 2025
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data analytics
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open source
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data privacy
The 2025 State of Open Source Report reveals strong growth in open source adoption, with 96% of surveyed professionals investing last year, driven by cost savings.
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Qualtrics unveils AI tools to boost customer experiences

Thu, 20th Mar 2025
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data analytics
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cx
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martech
Qualtrics has unveiled AI-driven updates to its XM for Customer Experience suite, promising businesses enhanced insights and tools to forge stronger customer connections.
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Bud Financial enhances AI capabilities with DataStax, NVIDIA

Wed, 19th Mar 2025
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data analytics
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fintech
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cx
Bud Financial is set to enhance customer experiences by leveraging DataStax's AI Platform, powered by NVIDIA, improving efficiency for clients like ANZ Bank.
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Cybord's AI-powered RTI solution enhances PCB assembly

Fri, 14th Mar 2025
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manufacturing
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data analytics
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supply chain
Cybord has unveiled its Real-Time Interception solution, a cutting-edge AI system designed to eliminate defective components from PCB assemblies instantly.
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Alibaba Cloud's PolarDB sets new world record on TPC-C test

Tue, 4th Mar 2025
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data analytics
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digital transformation
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fintech
Alibaba Cloud's PolarDB has broken the world record for performance in the TPC-C benchmark, executing 2.055 billion transactions per minute.
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Alibaba Cloud named leader in AI by Gartner & Forrester

Tue, 4th Mar 2025
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data analytics
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hyperscale
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dc
Alibaba Cloud has been named a leader in AI by Forrester and Gartner, solidifying its role in cloud computing and advancing AI technology on a global scale.
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Data leak at Chinese firm reveals government monitoring

Wed, 26th Feb 2025
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data protection
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data analytics
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edr
A data leak from TopSec, a Chinese cybersecurity firm, reveals its role in aiding the government's web monitoring efforts, according to SentinelLabs.
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Cleaning up the chaos and elevating unstructured data value

Wed, 29th Jan 2025
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data analytics
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digital transformation
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bi
With unstructured data comprising 80-90% of global information, businesses must adopt modern management technologies to unlock its hidden value effectively.
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Global cloud governance market to reach USD $3.87bn by 2034

Fri, 5th Jul 2024
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hybrid cloud
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data analytics
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hyperscale
The global cloud governance platform market is set to hit USD $3.87 billion by 2034, driven by AI integration, hybrid cloud adoption, and compliance needs.
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US consumers spend USD $331.6 billion online in first quarter 2024

Thu, 30th May 2024
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data analytics
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fintech
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martech
US consumers spent USD $331.6 billion online in Q1 2024, with groceries, electronics, and apparel driving growth, Adobe Analytics reveals.
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AI in media & entertainment market to reach USD $51.37 billion

Wed, 29th May 2024
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data analytics
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digital transformation
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digital entertainment
The artificial intelligence in media and entertainment market is set to rise from USD $10.24 billion in 2024 to USD $51.37 billion by 2034, driven by a 17.5% CAGR.
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RestorePoint.ai appoints David Iannacconi as VP of sales

Fri, 24th May 2024
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data analytics
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hyperscale
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public cloud
RestorePoint.ai appoints David Iannacconi as VP of Sales, banking on his 30 years of experience to enhance their secure data solutions for mid-sized firms.
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Gen Z drives demand for AI-powered smartphones, says Kantar data

Thu, 9th May 2024
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data analytics
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ai
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ios
Gen Z's appetite for AI-powered smartphones, particularly Samsung's Galaxy S24, is driving market demand according to Kantar's recent data analysis.
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AI surpasses humans in key workplace tasks, Stanford study reveals

Thu, 25th Apr 2024
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data analytics
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planning
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ai
Stanford's latest study reveals AI's superiority over humans in tasks including image classification and basic reading comprehension, but warns against over-reliance.
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Salesforce introduces Einstein Copilot, a customisable AI assistant

Wed, 28th Feb 2024
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crm
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data analytics
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martech
Salesforce unveils public beta for Einstein Copilot, a customisable AI assistant set to revolutionise customer relationship management by utilising company-specific data securely.
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Prophecy International & SOFTEL Communications announce strategic AI alliance

Wed, 7th Feb 2024
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uc
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data analytics
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cx
Prophecy International partners with SOFTEL Communications to integrate emite analytics with SOFTEL's AI, significantly enhancing CX.
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CybeReady releases new Data Privacy Toolkit for CISOs

Thu, 25th Jan 2024
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data protection
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data analytics
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martech
Global security firm, CybeReady, introduces a free Data Privacy CISO Toolkit to support data protection initiatives, coinciding with Data Privacy Week.
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Mangata & Microsoft unite to advance AI cloud via satellite

Thu, 28th Dec 2023
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uc
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data analytics
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partner programmes
Mangata Networks joins forces with Microsoft to develop AI-enabled edge cloud platform using advanced satellite technology.