Artificial Intelligence (AI) has revolutionized how various industries operate in recent years. But with growing demands, there’s a more nuanced need for enterprise-scale machine learning solutions and better data management systems. The 2021 Data Impact Awards aim to honor organizations who have shown exemplary work in this area.
One of the most challenging and complex elements of operating a financial services institution is compliance. Managing risk, security and privacy to earn customers’ trust has long been at the core of financial services, but this foundation has been shaken over recent years.
One of the key cornerstones of the emerging field of ethical, explainable AI is recognizing and avoiding bias. As AI takes on a greater role in organizations with sometimes opaque calculations, there is an increased urgency in many businesses to get ahead of these challenges, and companies, such as IBM, Salesforce and Microsoft, have already added roles specifically with the aim of ensuring that ethics are a key consideration of AI.
In today’s tech-forward companies, CFOs are tasked with managing and overseeing an increasingly expansive domain of systems and technologies to thrive. The rise of regulatory considerations, novel market drivers and a globally connected business environment is creating an entirely new set of pressures on both the structure of the department and on leadership.
Coming off of our Snowday event, we’ve unveiled a number of new product capabilities that expand what is possible in the Data Cloud. From helping businesses operate globally with improved replication efficiency, empowering developers with new functionality in Snowpark, and improving the security and governance of data through native object tagging, there is no shortage of exciting advancements coming to Snowflake.