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Business Management Systems for Data-Driven Businesses

Smart Data Collective

Big data has become an invaluable aspect to most modern businesses. Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, companies with data strategies are far more successful than those without.

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How Financial Services and Insurance Streamline AI Initiatives with a Hybrid Data Platform

Cloudera

There’s also the risk of various forms of data leakage, including intellectual property (IP) as well as personally identifiable information (PII) especially with commercial AI solutions. That said, Generative AI and LLMs appear to do all of these things, producing original, “creative” outputs by learning from input data.

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Express Cloudera POV on 2021 data trends in insurance

Cloudera

We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19. In 2021, with the crisis hopefully fading, insurance will have time to evaluate the changes made in 2020, assessing what worked and what didn’t, and planning a new way forward rather than reacting in real time. .

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Why Data-Driven Outsourcing Can Be a Massive Win for Your Business

Smart Data Collective

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. However, there are a lot of other benefits of big data that have not gotten as much attention. Global companies spent over $92.5 Here’s why.

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Interview with: Sankar Narayanan, Chief Practice Officer at Fractal Analytics

Corinium

I am the Chief Practice Officer for Insurance, Healthcare, and Hi-Tech verticals at Fractal. The Insurance practice is currently engaged with several top 10 P&C insurers in the US, across the Insurance value chain through AI, Engineering, Design & Behavioural Sciences programs.

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It’s not your data. It’s how you use it. Unlock the power of data & build foundations of a data driven organisation

CIO Business Intelligence

Data has always been fundamental to business, but as organisations continue to move to Cloud based environments coupled with advances in technology like streaming and real-time analytics, building a data driven business is one of the keys to success. There are many attributes a data-driven organisation possesses.

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Navigating Banking and Insurance With Longview Tax

Jet Global

To stay afloat during these turbulent times, it is important to maintain confidence in your data and effectively and efficiently respond to ongoing audits. The same report finds that 37% of businesses think a lack of a sustainable plan for data and technology is the biggest barrier to achieving their tax and finance function’s vision.