Big Data Applications In Financial Prediction At Tata Consultancy Services
Abstract
The purpose of this inquiry is to look into the potential of big data applications to improve financial forecasting at Tata Consultancy Services (TCS). It examines the use of advanced analytics, machine learning, and artificial intelligence to improve investment strategies, reduce risk, and forecast market trends. TCS incorporates a wide range of financial data to improve predictive modeling and decision-making precision. The research demonstrates how the organization uses a data-driven architecture to provide real-time insights by combining structured and unstructured data. It also looks at the potential benefits of big data in terms of portfolio management, fraud detection, and credit rating. The paper emphasizes the scalability and efficacy of TCS’s big data infrastructure for managing complex financial systems. Furthermore, it investigates the possible benefits of predictive analytics in terms of strategic business planning and client advising. The results show significant improvements in both forecasting accuracy and operational agility. The paper also highlights TCS’s unique use of big data to enhance long-term economic development.