Following an exponential rise in data volumes over the past decade, there isa pressing need for enterprises to gain data-backed insights. This need has driven rapid scaling of Artificial Intelligence (AI) and Machine Learning (ML) systems across organizations. However, the steady growth of AI systems poses its own challenges, especially in the form of massive data requirements.
At the same time, no more can data be shared freely between two parties. Multiple data regulations have come into play, protecting the rights of those whose data is in circulation.
In this report, Everest Group understands and decodes evolving data privacy, governance, and AI regulations along six dimensions, along with studying the impact of these regulations across industries. Everest Group also explores Privacy Enhancing Technologies (PETs), which can improve compliance for enterprises in the future.
Scope:
All industries and geographies
Contents:
In this report, we:
Decode data regulations
Study PETs
Examine the impact of data regulations on the D&A ecosystem
The Banking and Financial Services (BFS) industry has emerged asa leading adopter of Data and Analytics (D&A) services. BFS firms are gradually transitioning from traditional D&A services, such as data warehousing and data migration, and are integra…