For corporates and banks, too much data and not enough insight
The digital age has provided companies with piles of information, but few clues on what to do with it all. Now companies can use technology to effectively analyse big data and glean insights into customer behaviour.
There is so much data available now that it is impossible for humans to effectively analyse it all to get useful insights, according to financial services executives who spoke at the Hong Kong Institute of Banking's annual conference last week.
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