YottaByte Me

(PRWEB) October 22, 2014

Big Data and predictive analytics solutions are expected to optimise the value of data in the financial services sector. Banks, investment entities, insurers and other service providers are learning how to leverage the value of data and achieve a competitive edge, keep costs to a minimum, transform challenges to opportunities, and minimise risks on a real-time basis.

Big Data technologies and associated business intelligence (BI) solutions equip financial services companies with the capability of capturing and analysing data, building predictive models, back-testing and simulating scenarios. By means of iteration, companies will likely determine the most essential variables as well as major predictive models. There is an enormous opportunity for financial service firms to employ novel data sets and new algorithms to optimise cash management, currency processing, and capital allocation. The financial implications make themselves felt in enhanced capital movements and profitability for a slew of firms in the ecosystem.

New research report “Big Data in Financial Services Industry: Market Trends, Challenges, and Prospects 2014 – 2019” elaborated by Mind Commerce Publishing is now available at MarketPublishers.com.

Report Details:

Title: Big Data in Financial Services Industry: Market Trends, Challenges, and Prospects 2014 – 2019

Published: October, 2013

Pages: 93

Price: US$ 1,995.00

http://marketpublishers.com/report/finance_services/big-data-in-financial-services-industry-market-trends-challenges-n-prospects-2013-2018.html

The market research study provides a comprehensive, unbiased assessment of Big Data prospects and opportunities within the financial services universe. It examines Big Data’s anticipated impact on the financial services sector, looks at Big Data companies’ financial management solutions alongside their influence, gives details of the Big Data financial management models as well as their applications, casts light on the benefits to the financial services industry in the short to long run, and also discusses the major challenges which the financial services industry is facing with Big Data.

Companies discussed include: 1010data, Actian, 10gen, Alteryx, Amazon, Attivio, Capgemini,BMC, Booz Allen Hamilton, Cisco Systems, CSC, Dell, Cloudera, EMC, Fusion-io, GoodData, Google, Guavus, Hitachi, HP, IBM, Informatica, Intel, MarkLogic, Microsoft, Mu Sigma, NetApp, Oracle, ParAccel, Opera Solutions, QlikTech, SAP, Splunk, SGI, Teradata, Tibco Software, and Vmware.

Report Benefits:

Detailed forecast figures for Big Data in the financial services sector through to 2019-end.
Essential information on the leading firms and solutions for the financial industry.
Deep analysis of the role and significance of Big Data in the financial services universe.
Insights into the future prospects for Big Data in financial services industry.
Review of the initial and on-going implementation areas for Big Data and analytics.

More new studies by the publisher can be found at Mind Commerce page.

by marc_buehler

Question by uncleclover: Is the mind considered an example of “distributed computing”?
So much of what goes on with our thought processes seems to happen at various spots throughout the body, especially those processes having to do with reflexes and such. Is the human mind “distributed computing”?

Best answer:

Answer by Wyatt
The mind has distributed computing, but the mind is much much more than that.

Know better? Leave your own answer in the comments!

Question by No Chance Without Jesus: Is the mind like a computer….?
capable of parsing data, executing programing and working off a preprogramed code? Incapable of performing outside the box of its parameters?

Not to age myself, but when I was in high school we used to be able to play with the main frame computers at the Stanford University Computer lab through a teletype terminal. This was fascinating early age of computers stuff, and you could play games and make programs but you had to know exactly what to tell the computer to get it to perform. You had to type in lines of code perfectly and if you made any mistakes it would spit out the message,

“Entry error: does not compute”

Well over the intervening decades computers have become easier to use, but no less frustrating, anything presented to them beyond their capabilities or parameters just gets spits out and things crash

Is this what happens when the mind alone is presented with God? I will be the first to admit that on a simple logic level, God does not really make sense. But humans and the human experience is so much more than just logic.

Even our brains are designed with only one half that concerns itself with logic.

There is another part to the human being where beauty, music, art, love, fear, hate, happiness and all the wonderful irrational, illogical things that make us human take place. This is the human heart, the human soul. Which is much grander and more able to handle the complex issues of human life. This is where God must be apprehended, this is the gateway that must be opened to receive God.

Trying to make God pass through the narrow parameters of the human brain is like trying to to program a computer using the musical score from phantom of the opera. The computer wants 0’s and 1’s and you ar trying to feed it quarter notes and treble clefts

“error entry, does not compute.”

Oh sure you can translate those notes into a compiled language the computer could understand, and with the right program it could even spit it back out as music……but in the end it has no comprehension of it, it’s all 0’s and 1’s to the computer.

So is it any wonder then when someone is so bound to only the limited ranges of the human mind, they would not be able to comprehend God and spit out “error, does not compute”?

Open your hearts people! The world, the universe, ….YOU are much bigger than you give yourself credit for, there is a loving God waiting at the door to bring you into a better place, if you will only free yourself from the narrow confines human mind.

Take a break from the 0,s and 1’s and dive into the big old chocolate sundae that is the human experience of the heart….and in doing so, you might find that God actually does “compute”

(Yes I know this could be classified as a rant, Yes, I know this could be reported. It was just on my heart to say, so I said it. I hope it helps someone before it gets deleted)

Best answer:

Give your answer to this question below!