What is Data Archival? Data archival is the process of storing data that is no longer actively used but must be retained for regulatory compliance, historical reference, or long-term storage. Unlike backups, which are designed for short-term recovery, archival data is...
What is Data Aggregation? Data aggregation is the process of collecting, compiling, and summarizing data from multiple sources to provide a comprehensive view for analysis and decision-making. This practice is crucial in industries where vast amounts of information...
What is Data Analytics? Data analytics is the systematic approach to examining raw data to uncover patterns, correlations, trends, and insights that can drive strategic decision-making. It involves the application of statistical methods, algorithms, and data...
The global economy has faced significant hurdles in recent times, characterized by economic downturns, market instability, and disruptions stemming from diverse factors like the COVID-19 pandemic. These circumstances have had a profound impact on every sector...
The finance industry generates vast amounts of data on a daily basis, from transaction records and customer information to compliance reports and regulatory filings. To comply with regulatory requirements and manage risks, financial institutions need to store and...
