Big data analytics can make sense of the data by uncovering trends and patterns. Machine learning can accelerate this process with the help of decision-making algorithms.

Another Gartner Study from 2018 reported that of 196 companies interviewed regarding Big Data and Analytics, 91% haven’t reached transformational business intelligence levels.

DBS today runs more than 300 AI and machine learning projects, which it says yielded a revenue uplift of SG$150 million ($112.53 million) last year and saved SG$30 million ($22.51 million) in risk ...