Investing in Big Data means investing in the evolution of the human being, in their knowledge, in their needs and in improving decision-making based on their requirements. MacroData analysis allows companies and institutions to analyze how to improve their results in all areas.
To increase its applications, IoT works with technologies such as Big Data, Artificial Intelligence (AI), Blockchain, Cloud and Edge Computing, Augmented Reality and 5G.
Big Data refers to the accumulation of an enormous amount of data for study. This sounds simple but the large volume of data that is generated minute by minute is what has made Big Data more than just a set of statistical techniques and digital tools for its study.
Can we consider that the world is truly digitalized? What implications does it have for our behavior in terms of consumption? Connectivity or rather multi-connectivity is part of our reality in all environments. In an increasingly digitalized world, it is very important to reinforce our security when interacting with digital media.
The flow of personal data generated by these new technologies may leave our privacy exposed, meaning the concept of cybersecurity is increasingly critical.
In one single minute, we are generating 1.8 terabytes of files in the cloud, 11 million instant messages and over 160 million emails
BBVA has been recognized by the Financial Times (FT), Google and a panel of leading European policy makers as one of the 100 digital pioneers in Europe. BBVA is the only major bank included in a special report from the Financial Times, ‘Europe’s Road to Growth,’ because of its innovative use of new technologies, as well as the cultural shift that the company has undertaken.
The world faces multiple global challenges. From sustainable development of smart cities to democratization, there are many unique opened questions related to the future of humanity specially related to the global urbanization and its infrastructure.
In a fast-paced world, Swiss financial institutions are well-prepared to lead the transformation of the finance industry, particularly in private banking, where they are a clear reference in the world. The combination of accumulated experience, talent and availability of capital are decisive factors to facilitate this change.
The keys a company needs to be successful in the digital environment: raw material—data—and the other two are human factors—intelligence and innovation. Article written by Elena Alfaro, Head of Customer Solutions Analytics & Open Innovation, and Juan Murillo, Head of Analytics Dissemination and Data for Social Good at BBVA Data & Analytics.
Because when we talk about the present, we refer to the immediate future, to what is already happening, to what is inevitable and to what undoubtedly will decide the fate of any business that wants to tackle a customer-oriented digital transformation.