Author: Arvind Lakshminarayanan

Feed: Big Data Made Simple. Author: Arvind Lakshminarayanan. Many businesses have experienced rapid digitization amid the pandemic. Several enterprises shifted to remote working and cloud-based platforms. For the past 22 months, the world was placed on alert as several countries experienced multiple surges of Covid-19 infections, resulting in localized lockdowns, closure of several businesses, and enforced home quarantine. The pandemic tested an organization’s resiliency as they were not prepared for the abrupt changes.Many companies clamored to put additional security measures as employees have to access corporate data frequently and from places that may not be secure. IT departments were doubly ... Read More

Feed: Big Data Made Simple. Author: Arvind Lakshminarayanan. Market research is a critical component of any company’s ongoing business strategy. Whether it’s releasing a new product or measuring the current effectiveness of business practices, market research gives companies the valuable data they need to compete successfully.There are different datasets that companies mine to create a market analysis report. Often, these data are plugged into market research templates to create dashboards that executives use to derive insights. These datasets serve as mandatory raw material for market analysis.In no particular order, here are a few critical datasets that market research analysts rely ... Read More

Feed: Big Data Made Simple. Author: Arvind Lakshminarayanan. Money may not buy happiness, but the lack of it can certainly make life more difficult. Financial security can be a critical element in ensuring that you enjoy a good quality of life for your entire life. Unfortunately, as important as personal financial management is, it is often not taught at school or at home, and even if your parents and teachers made efforts to educate you, there were probably gaps in what you were taught. Learning to manage your money effectively and build a secure base can not only be life-changing ... Read More

Feed: Big Data Made Simple. Author: Arvind Lakshminarayanan. Any money-making strategy is likely to be difficult when you’re first getting started. If buying and selling securities for a massive profit was as easy as mindlessly tapping buttons on your smartphone screen – everyone would be doing it. Although specialists can often make this industry look simple, that’s because they’ve had years of training and practice.This is why it’s so important for anyone thinking of opening an account and growing their wealth portfolio to recognize the effort required in being successful. Taking an active approach to investment with a strategy like ... Read More

Feed: Big Data Made Simple. Author: Arvind Lakshminarayanan. Artificial intelligence is making huge strides across various sectors. It has become a ubiquitous technology, prevalent in many business-critical processes, from gathering and organizing information to creating and executing schedules to automatically making crucial decisions with little to zero human interference. Artificial intelligence software spending is on the rise. A 2019 report by Tractica sees the artificial intelligence software market to increase from $9.8 billion in 2018 to a very impressive $118.6 billion by 2025.Nine out of 10 business organizations have made some sort of investment in artificial intelligence. Provided the numerous ... Read More

Feed: Big Data Made Simple. Author: Arvind Lakshminarayanan. Singapore/Chennai, January 31, Crayon Data announced today that it will participate in Finovate Europe – one of the largest fintech events in Europe. Crayon will also exhibit and demo their flagship product, maya.ai at the event.Finovate is a global conference series, focused on financial services technology. This is the first time the annual FinovateEurope conference will take place in Germany. More than 1,200 senior attendees,half of whom are from financial institutions,and more than 150 speakers and 60 demoing companies will be in attendance. FinovateEurope 2020 will be held between Feb 11 -13th, ... Read More

Feed: Big Data Made Simple. Author: Arvind Lakshminarayanan. 27/10/2019, Dubai: Advanced technology and innovation have forever disrupted business operations of the past. With changing trends and customer expectation, product offerings, service and business operations has been the centre of the continuous cycle of adopting and adapting to latest technology and operation models. The financial service industry is no exception to this and has witnessed dynamic transformation pertaining to digital and technological aspects of product classification and conducting business.Fintech firms and banks are embracing changes, as they strive to address consumer demands for more timely and convenient payments. Technology has triggered ... Read More

Feed: Big Data Made Simple. Author: Arvind Lakshminarayanan. Online security has always been a major concern for individuals on the internet. Whether the general population knows it or not, there are issues here which destroy the goodwill of those who decided to give major online industries the benefit of the doubt. Hot off of the heels of Facebook’s recent drama concerning stored user text message data, this problem is finally seeing some changes within the EU. These changes adopt components that have long been key to the world of cryptocurrencies, specifically those surrounding the technology of blockchain. So, where do these ... Read More

Feed: Big Data Made Simple. Author: Arvind Lakshminarayanan. Ever since the inception of cloud-computing solutions, several sectors, including banks and Fintech, are slowly migrating to it. With numerous benefits, the cloud is turning out to be the ultimate storage option for your data. Even for personal storage, platforms, such as Google Drive or Dropbox are leading the race.Migrating from traditional data centers to the cloud might sound daunting but the endless benefits makes it an option to consider.What are cloud computing technologies?In layman’s term, cloud is a form of storage which allows users to store data on the internet.Cloud computing ... Read More

Feed: Big Data Made Simple. Author: Arvind Lakshminarayanan. Technology has played a crucial role in enhancing the life of a consumer. Various sectors are reaping benefits, but finance is still not quite there yet. When it comes to financial services, traditional banks are hesitant to adapt to newer technologies. This is mostly because of their legacy systems and compliance restrictions. On the bright side, several FinTech startups are working with new-age technologies to create a more user-friendly platform.From artificial intelligence, machine learning to the blockchain, various innovations will help streamline the financial sector. These five trends have shown the most promise ... Read More