The freight industry generates huge amounts of revenue globally. The ocean side of this industry is expected to reach 72 million TEUs in 2027. In the US alone, ocean and coastal transportation services generated $41.5bn in 2022. In this fast-paced industry, efficiency and accuracy are paramount for success. Electronic Data Interchange (EDI) tools have emerged … Continue reading The Role of EDI 315 in Freight Transportation: Benefits and Best Practices
Category: Big Data technology
Autonomous vehicles, also known as self-driving cars or driverless vehicles, are vehicles that are capable of operating and navigating without direct human intervention. These vehicles utilize a combination of advanced sensors, cameras, radar, lidar, GPS, and sophisticated software algorithms to perceive their surroundings, make decisions, and control their movements. /sas-certification/ Autonomous vehicles can detect and … Continue reading Emerging Trends in Autonomous Vehicles and their Impact on the Future of Transportation
The age-old insurance industry is finally ripe for transformation given the use of technologies such as data analytics, AI-ML, etc. ensuring an overall digital-first approach. The powerful new combination of technologies and design can enable businesses to drive decision-making with accurate real-time insights and optimize operational efficiency. /sas-certification/ With so much market uncertainty, tight regulations … Continue reading How Data Analytics is Changing the Game for the Insurance Industry
$13 trillion USD is a huge sum of money, difficult to comprehend or compare. But over the next 10 years, that figure will equal the total economic impact that AI will add to the global economy, according to models run by McKinsey. In financial services, AI is the future, one observer writes, after evaluating a … Continue reading Managing financial services model risk in an age of big data and AI
Learn About Big Data Certification Certification in Big Data is essential today as it measures your knowledge on the subject. With the increase in internet-based activities, the requirement for storing and analyzing data has also increased. This led to the rise in Big Data technologies to grow. Many companies came up with certifications on Big … Continue reading Why Big Data Certification Can Help You Grow Your Career?
Large volumes of structured and unstructured data are essentially referred to as ‘Big Data;’ and is produced by almost all sources around us such as social media exchange, digital processes, mobile devices, sensors etc. Big Data provides insights into patterns, trends, and correlations with other entities in the business world. Big Data swamps businesses on … Continue reading The ‘Magnitude’ of Big Data
One of the most important steps for creating data visualizations is selecting which aspects, features or dimensions of the data to present—in other words, letting the data dictate the visualization. Unlike school assignments, data scientists and professionals rarely receive project that provides the same clear guidance they received as children. There is no longer a … Continue reading Data visualization playbook: Determining the right level of detail