IBM and SMEVenture presented the second episode of BFSI Tech Talks and the topic of discussion was ‘Weaving Data Fabric into Hybrid Multi Cloud’ conducted on 24thJune, 2022 at 6:30 PM Onwards in Hotel Sofitel, BKC.
Keynote speaker Mr. Roopam Upadhyay, Banking Consultant, Data Science & Predictive Analytics World Bank, International Finance Corporation highlighted in his welcome speech on AI to authenticate financial data & credit limit allocation and presented a case study on AI data validator and limit allocation tool, business segmentation to improve scorecards.
For more information also read – https://smeventure.com/digital-skills-for-msme-stay-relevant/
Following Mr. Roopam Upadhyay’s presentation, an expert speaker Mr. Atul Joshi, Data and AI Solutions Specialist, IBM India South Asia gave detailed knowledge about developments within hybrid cloud, artificial intelligence, the internet of things (IoT), and edge computing. He further stressed on how it has led to the exponential growth of big data, creating even more complexity for enterprises to manage.
Mr. Harshil Turakhia, Brand Technical Specialists, IBM India South Asia shared his knowledge about the product. He also talked about how you can unlock innovation, improve customer experience, and reduce costs with data fabric architecture and the different use cases. He further explained the use of data fabrics in customer profiles, fraud detection, preventative maintenance analysis, return-to-work risk models, and more.
The session concluded by presenting live demos by IBM experts at the demo booth followed by Networking and learnings from other BFSI peers.
Thanking, our keynote speaker Mr. Roopam Upadhyay, Banking Consultant, Data Science & Predictive Analytics World Bank, International Finance Corporation IBM for delivering effective session and IBM for powering the event. Also, special thanks to Mr. Atul Joshi, Data and AI Solutions Specialist, IBM India South Asia and Mr. Harshil Turakhia, Brand Technical Specialists, IBM India South Asia for their presence.
BFSI Tech Talks, a series aims to bring a selected group of seasoned IT practitioners from top banks and insurance companies in India in a face-to-face huddle with IBM technology experts every month to run a technical deep dive on key technology topics.
Brief:
Enterprises are collecting data from diverse platforms and devices at a faster pace than ever. Coupled with unparalleled computing capacity, better algorithms, and affordable storage, the innovative and disruptive power of data is accelerating. However, businesses are challenged in their efforts to put data to work. The growth in data sprawl and volume, diverse ecosystems, and varied existing management systems hinder optimal data usage.
Do watch – https://www.youtube.com/watch?v=zZWlwb47j6U
Research shows that data-driven organizations outperform their peers by 165% in revenue growth and 163% in profitability. To fuel your company’s business advantage with data, you need a data architecture that puts the right data into the hands of the right people with trust and transparency. Data fabric architecture does this by uniting, governing, and securing data for faster, more accurate insights.