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FMSI Publishes Article in Bank Systems & Technology

 

By W. Michael Scott

 

July 7, 2014

Bank Systems & Technology Article: How Banks Can Overcome the Challenge of Data Overload
 
"Banks must master the use of unstructured data if they want to seize competitive advantage, enjoy productivity gains, and improve customer service.
 
Although estimates vary, there is no doubt businesses, individuals, and computer systems are generating data at a rate unprecedented in human history. One estimate, from Computer Sciences Corporation, estimates the total pool of data, worldwide, will be 35 zetabytes (1,000 million gigabytes) by 2020. That's 44 times more data than existed in 2009."

Read the full article here.