To succeed in today’s environment, businesses need to lead through increased complexity and volatility, drive operational excellence and enable collaboration across enterprise functions, develop higher quality leadership and talent, manage amidst constant change and unlock new possibilities grounded in data.
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Robust predictive analytics based on big data are necessary for banks to deliver such experiences, and 48 percent of global banking executives indicate investment in predictive analytics is a key priority. Cognitive computing, in particular, will enable banks to deepen and scale workforce capabilities, as well as support the creation of compelling experiences for mass markets that were once only the purview of the very rich. Through its ability to instantly process and contextualize massive amounts of data and information, cognitive will enable a profound transformation of banking processes and relationships. |
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