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Using Big Data and Analytics
to Manage Risk
By now you’ve probably heard about or have had some experience with
something called “big data.” While we may have heard of the concept, tak-
ing advantage of the treasure trove of data that resides at most companies
remains an evolving challenge. With an estimate of more than 15 million
gigabytes of new information collected every day (15 petabytes), which is
eight times the information in all U.S. libraries, it’s no wonder most com-
panies are wondering how to use big data to their advantage.
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But is using big data going to be that straightforward? A report titled
Big Data Insights and Innovations ...