2024

Harnessing Machine Learning and Big Data for Next-Generation Analytics

Entrant

Sree sandhya Kona

Category

Innovation in Technology - Big Data

Client's Name

PNC bank

Country / Region

United States

Sree Sandhya Kona has led a transformative shift in third-party data ingestion within the financial sector by masterfully integrating big data and machine learning (ML) technologies. As a Big Data Analytics Engineer, she has significantly enhanced the organization's data processing capabilities. By leveraging ML and big data, Sree Sandhya kona has dramatically accelerated the speed of data analysis and bolstered operational efficiency and decision-making within the banking industry. Her notable project involved the integration of 26 third-party datasets with the bank's internal data, fundamentally revolutionizing methods of credit scoring, fraud detection, customer personalization, market insights, regulatory compliance, and investment strategy development. This transformation was achieved through the sophisticated application of advanced ML algorithms and Spark technology, positioning Sree Kona as a pivotal figure in the evolution of financial analytics.

Innovative Components of the Project:
This project has innovative convergence of ML and big data, which significantly accelerates data ingestion, analysis processes and boosts operational efficiency and decision-making. By harnessing these technologies, businesses are equipped to gain a competitive edge through optimized processes, personalized customer interactions, and creative business models. The projects’ goal is to deploy new methodologies to integrate these cutting-edge technologies into analytics frameworks, showcasing their profound role in industry transformation.

Impact on Organization:
Operational Efficiency: The innovative architecture has boosted data processing speeds by 60%, enabling faster and more accurate financial analytics.
Financial Improvement: The reduction in data-related operational costs by 35% has bolstered the bank's financial performance, allowing reallocation of resources towards further strategic investments.
Technological Leadership: The project propelled the bank into a leadership position by integrating advanced big data and machine learning technologies, enhancing its competitive stance in the financial industry.
Customer Satisfaction and Loyalty: Enhanced personalization and service accuracy have significantly boosted customer satisfaction, leading to increased loyalty and trust among clients.
Risk Management and Compliance: Advanced data analytics have strengthened risk management and regulatory compliance, reducing exposure to fraud, and enhancing credit assessment capabilities.
Market Insights and Innovation: The project has deepened market insights, driving more informed decision-making and fostering innovation in product development and customer service strategies.

 
2024
AndaSeat X-Air Series: Mesh Chair Innovation for Work & Play

Entrant

AndaSeat

Category

Innovation in Design - Product Design

Country / Region

China

 
2024
2024 Spring Living Experiment Festival

Entrant

Chiayi City Government

Category

Innovation in Campaign - Event Campaign

Country / Region

Taiwan

 
2024
ENEID/旖旎

Entrant

GOOEST TECH

Category

Innovation in Design - User Experience Design

Country / Region

China

 
2024
FPRONE

Entrant

Chargeback Gurus

Category

Innovation in Technology - Financial Technology (FinTech)

Country / Region

United States