Knowledge Hut

APRIL 23, 2024

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.

Big Data 52

Big Data Retail Recruitment Transportation 52

Knowledge Hut

JANUARY 30, 2024

Whether it's aggregating customer interactions, analyzing historical sales trends, or processing real-time sensor data, data extraction initiates the process. Utilizes structured data or datasets that may have already undergone extraction and preparation. Primary Focus Structuring and preparing data for further analysis.

ETL Tools 52

ETL Tools Database-centric Data Mining Data Cleanse 52

ProjectPro

AUGUST 24, 2021

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.

Data Engineering 52

Data Engineering Data Engineer Coding Project 52

phData: Data Engineering

JULY 18, 2023

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.

Data Warehouse 52

Data Warehouse Pipeline-centric Government Data 52