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Real-World Use Cases of Big Data That Drive Business Success

Knowledge Hut

Compliance and Regulatory Reporting: Big data analytics helps banks comply with regulations by analyzing enormous volumes of data to spot any abnormalities or instances of non-compliance, ensuring that regulatory obligations are met. In insurance, big data use cases help with claim management and processing.

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20+ Data Engineering Projects for Beginners with Source Code

ProjectPro

A related example is when a vendor or insurer wants to know the number of products that will be returned because of failures. This data engineering project uses the following big data stack - Azure Structured Query Language (SQL) Database instance for persistent storage; to store forecasts and historical distribution data.

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The Ultimate Modern Data Stack Migration Guide

phData: Data Engineering

Better Transparency: There’s more clarity about where data is coming from, where it’s going, why it’s being transformed, and how it’s being used. Improved Data Governance: This level of transparency can also enhance data governance and control mechanisms in the new data system.