Significance of Data Ecosystem & Data Lake for SMEs

  • konsultera
  • February 15, 2022

Companies with large amounts of unstructured data turned to big data lakes, enabling large pools of structured and unstructured data stored in the cloud. In addition to enabling data scientists to process and analyze large volumes of unstructured information in real-time, data lake enables data to be dumped on-the-fly, without requiring any preprocessing steps. A data lake provides a large staging area where data is processed. These data lake solutions can be structured or unstructured and c...

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Environment, Social, Governance & Sustainable Businesses

  • konsultera
  • January 31, 2022

ESG stands for Environment, Social, Governance, primarily comprises the three vast areas for which the term “socially responsible investors” is conventionally used. Investors who won't greedily and selfishly compute the potential profitability and give equal importance to values and environmental concerns while making investments are included in this category. For example, under the classification, 'environmental' are issues like pollution or the amount of toxic waste an industry pr...

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SMEs (Small and Medium Enterprises) Needing Credit? What’s Holding Back Lenders?

  • konsultera
  • January 2, 2022

Is yours a newly established start-up? Are you facing problems while looking for a loan to support your small enterprise? If yes, then you should know that it can really be challenging for people who own small or medium enterprises to attain a lender or commercial bank loan. Banks or lenders often don't lend money to newly established start-ups as those are the riskiest investments for them. But to be honest, it really is unfair for small and medium enterprises as taking money out-of-pocket can...

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Insurtech & ‘No KYC’: How Insurers Will Deal with Contact-Ability Retention of Their Customers?

  • konsultera
  • December 22, 2021

If you're an insurer struggling with contact-ability retention amidst this insurtech saga, you've probably already heard the phrase, "no KYC required. " However, this trend is far from over. Avoiding KYC for insurance has a significant impact on insurers' contact-ability retention. It's a sign that insurers need to invest in more than just digital technologies. Adapt and Disrupt Business ProcessesInsurers are already facing a number of challenges related to no- KYC in terms of the validation...

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Evolution of Legal Tech

  • konsultera
  • November 16, 2021

In the bygone days, if a lawyer would mistakenly forget to carry with themselves important documentary evidence, they would immediately send someone to bring the documents and, in the meanwhile, would have asked for another hearing from the judge. However, today if a similar situation of crisis occurs, lawyers simply resort to accessing the same document on the cloud storage via their mobile phones! { "@context": "https://schema.org", "@type": "BlogPosting", "mainEntityOfPage": { ...

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