When it comes to lending, banks are increasingly harnessing the power of machine learning to drive targeted campaigns. But to offer the right loan at the right time, you need to understand how customers behave.
I have been working on an international big data project. The cluster is huge, with TBs of memory and hundreds of CPUs – another great experience in the real world of big data and parallel computing for our team. In this short article, I’d like to share a story about some lessons learned with a…
The traditional approach to quantifying credit risk in retail banking often relies on the most obvious variables such as annual/monthly income, employment length, employment title, etc. While these are still valid indicators for calculating...
Since Big Data technologies are becoming a common part of corporate infrastructures, IT departments are dealing with challenges concerning a successful adoption. However, the focus is frequently turning away from its essential purpose – responding to business needs effectively. This article offers an alternative way of looking at Big Data precisely from this perspective. …
Prague is already recognized amongst important technological centres of the CEE region, and that is just the starting line.