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Mitigating the impact of climate change in insurance and other financial services  

IBM Big Data Hub

As the effects of climate change intensify, extreme weather events are becoming increasingly frequent and severe. The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 These climate events have a huge potential impact on financial institutions.

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Turning climate risks into business opportunities 

IBM Big Data Hub

Climate change causes extreme weather events across the world that endanger people’s lives and disrupt the businesses on which they depend. The United States saw 25 climate disaster events in 2023 with losses of more than USD 1 billion each. These events included floods, severe storms and a drought.

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The Week in Cyber Security and Data Privacy: 4 – 10 December 2023

IT Governance

Source (New) Transport USA Yes 129,611 Tcman Source (New) Manufacturing Spain Yes 108 GB (179 files) Compass Group Italia Source (New) Hospitality Italy Yes 107 GB Pan-American Life Insurance Group, Inc. Incorporated Source (Update) Insurance USA Yes 7,361 Advantis Global, Inc. and Robert W. Baird & Co.

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The most valuable AI use cases for business

IBM Big Data Hub

They can also help businesses predict future events and understand why past events occurred. By infusing AI into IT operations , companies can harness the considerable power of NLP, big data, and ML models to automate and streamline operational workflows, and monitor event correlation and causality determination.

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Innovative Solutions to Real Business Problems with Big Data from Space

CGI

Agriculture: Submissions to support national scale crop monitoring, early yield prediction, or regulatory compliance checking. Insurance: Submissions to improve the prediction of event likelihood/impact, or assist with post-event assessment and reaction.