Cloudera

NOVEMBER 16, 2020

The insurance industry has a long and intimate relationship with fraud in many different ways. Insurance fraud can take place at a process or business function level, most notably in claims or underwriting. The different venues to commit fraud against an insurer are mind-boggling, with serious financial consequences.

Insurance 97

Insurance ROI Marketing Machine Learning 97

CIO Business Intelligence

OCTOBER 20, 2023

But home and automobile insurance company Allstate is taking a different approach. The result, Jeevanjee says, is a technology-driven business strategy “that’s a very empowering thing.” Allstate expects to be up and running in 10 states this year for automobile policies and 19 states for rental insurance. “We

Digital Transformation 135

Digital Transformation Insurance Recreation/Entertainment Machine Learning 135

datapine

OCTOBER 11, 2023

Every day, more and more businesses realize the value of analyzing their own performance to boost strategies and achieve their goals. A Warehouse KPI is a measurement that helps warehousing managers to track the performance of their inventory management, order fulfillment, picking and packing, transportation, and overall operations.

Metrics 217

Metrics KPI Management Cost-Benefit 217

IBM Big Data Hub

JANUARY 15, 2024

How do organizations avoid the digital risks of ‘technology misuse’ and achieve efficient innovation that ‘technology promotes production’? As an insurance company integrating technology into the new development landscape, BoB-Cardif Life Insurance Co.,

Digital Transformation 74

Digital Transformation Insurance Optimization ROI 74

Cloudera

MARCH 25, 2021

The protection and controls around data become increasingly complex when used in the context of banking and insurance activities. Personal and confidential information carries heightened sensitivity in the light of financial, health and insurance activities. Financial institutions and insurers understand the benefits of more data.

Data Strategy 64

Data Strategy Strategy Enterprise Insurance 64

Corinium

JUNE 6, 2019

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.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

Smart Data Collective

OCTOBER 31, 2022

As the Internet of Things becomes increasingly instrumental in the workplace, company and consumer data risk grow. It often requires implementing multiple organizational strategies to safeguard company and consumer data. It enhances awareness, reduces risks, and, most importantly, safeguards crucial information.

Internet of Things 116

Internet of Things IoT Risk Measurement 116

IBM Big Data Hub

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. This includes cyber incidents, technology failures, natural disasters and more. Similarly, in the U.S.

Risk Management 80

Risk Management Risk Enterprise Business Services 80

IBM Big Data Hub

APRIL 24, 2024

Mitigating privacy risks: The app limits data access to trusted employees who need it for their roles, and employees can access data only when they have a legitimate reason to. Knowing how data moves through the network helps track usage, detect suspicious activity, and put security measures in the right places.

Risk 87

Risk Measurement Data Governance Insurance 87

CIO Business Intelligence

FEBRUARY 16, 2024

Building an effective GenAI strategy is about much more than launching a point solution or siloed group of tools that only work for one part of the business. In fact, there are five key areas CIOs need to consider when developing an enterprise GenAI strategy, all of which become much more achievable with the right partnerships in place.

Strategy 127

Strategy Insurance Digital Transformation Enterprise 127

Rita Sallam

JUNE 2, 2023

Are there mitigation strategies that show reasons for optimism? For the vendors that participate in the Bake-Off and Show Floor Showdowns, it is in equal measure fun and extremely stressful. Qlik Key Findings: In the US alone, there’s $367 billion in agricultural commodities at risk to flooding in the US alone.

Optimization 52

Optimization Insurance Machine Learning Risk 52

IBM Big Data Hub

FEBRUARY 15, 2024

” Ocean acidification: Marine life is also at risk from ocean acidification, stemming from greenhouse gas emissions and the greater concentration of carbon dioxide in the atmosphere. Most of those at risk of climate change-linked hunger are in Sub-Saharan Africa, South Asia and Southeast Asia, according to the World Bank.

Insurance 66

Insurance Risk Strategy Risk Management 66

Smart Data Collective

JULY 11, 2022

As digital business strategies continue to evolve, the Chief Marketing Officer (CMO) must adapt their skills and knowledge to not only keep up, but get ahead. This is going to entail learning more about the benefits of data analytics and how they can be integrated into their overall marketing strategy. Social Media Marketing.

Data Analytics 133

Data Analytics Analytics Advertising Big Data 133

Cloudera

DECEMBER 11, 2020

Insurance and finance are two industries that rely on measuring risk with historical data models. To facilitate risk modeling in this new normal, agility and flexibility is required. Insurance . Data Variety. This will only become more important as we move into 2021 and a post-pandemic new normal.

Insurance 92

Insurance Digital Transformation Unstructured Data Machine Learning 92

CIO Business Intelligence

JUNE 26, 2023

To succeed in their role, project managers must be adept at coordinating resources, managing budgets, measuring and tracking project progress, and communicating with team members and stakeholders. Another key strategy in advance of your interview is to conduct extensive research on the organization you are interviewing with.

Management 102

Management Risk Insurance Business Objectives 102

Octopai

DECEMBER 11, 2022

Banks didn’t accurately assess their credit and operational risk and hold enough capital reserves, leading to the Great Recession of 2008-2009. Insurance companies misvalued or misreported on insurance contracts (which, to be fair, are notoriously hard to compare with precision). Data lineage and financial risk data compliance.

Insurance 52

Insurance Risk Metadata Reporting 52

CIO Business Intelligence

JANUARY 19, 2024

As well as these regional standards, industry-specific frameworks like the Health Insurance Portability and Accountability Act (HIPAA) and payment card industry (PCI) compliance standards exist. Cybersecurity is becoming a key part of organizations’ overall business strategy. In the past, the CISO would mainly report to the CIO.

IT 112

IT Insurance Data Governance Measurement 112

CIO Business Intelligence

OCTOBER 9, 2023

Tech leaders must focus on a business-aligned tech strategy to deliver on the competing mandates, Guarini says. “A A business-aligned technology strategy is built on architecture and agility, the ‘what’ and the ‘how’ of better alignment,’’ he explains. Performance improves when the culture of collaboration is strong.”

Strategy 134

Strategy Technology Experimentation Testing 134

FineReport

APRIL 9, 2024

The implementation of robust healthcare data management strategies is imperative to mitigate the risks associated with data breaches and non-compliance. Furthermore, maintaining data security and compliance requires continuous vigilance and proactive measures to safeguard against potential vulnerabilities.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

AWS Big Data

FEBRUARY 1, 2024

Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. Apart from generating regulatory reports, these teams require visibility into the health of the reporting systems.

Data Warehouse 122

Data Warehouse Dashboards Risk Management Risk 122

CIO Business Intelligence

MARCH 7, 2024

In my recent column, I delved into the challenges enterprises face in integrating AI into the workplace and outlined strategies for CISOs to monitor or control the use of AI effectively. Firewall capability for AI security: Enhance security measures by providing firewall capabilities to safeguard against potential AI-related vulnerabilities.

Digital Transformation 72

Digital Transformation Machine Learning Risk Testing 72

datapine

AUGUST 19, 2020

Inventory metrics are indicators that help you monitor, measure, and assess your performance – and thus, give you some keys to optimize your processes as well as improve them. Indeed, they help you drive the most effective behaviors, strategies, and decisions. Your Chance: Want to visualize & track inventory KPIs with ease?

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

CIO Business Intelligence

OCTOBER 18, 2023

But if there are any stop signs ahead regarding risks and regulations around generative AI, most enterprise CIOs are blowing past them, with plans to deploy an abundance of gen AI applications within the next two years if not already. CarMax CITO Shamim Mohammed confirms his company was using OpenAI’s GPT-3.x

Risk 132

Risk Manufacturing Enterprise Technology 132

datapine

MAY 31, 2022

We discussed already some of these cloud computing challenges when comparing cloud vs on premise BI strategies. This increases the risks that can arise during the implementation or management process. The risks of cloud computing have become a reality for every organization, be it small or large. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

Rita Sallam

APRIL 2, 2023

Are there mitigation strategies that show reasons for optimism? For the vendors that participate in the Bake-Off and Show Floor Showdowns, it is in equal measure fun and extremely stressful. Qlik Key Findings: In the US alone, there’s $367 billion in agricultural commodities at risk to flooding in the US alone.

Optimization 52

Optimization Machine Learning Insurance Risk 52

CIO Business Intelligence

SEPTEMBER 11, 2023

In tandem with his job as chief digital officer and senior vice president of strategy at Hussman, Seals got a Ph.D. Digital-first and data/AI are the two key pillars of TIAA’s business strategy and a core part of its broad tech transformation. At his company, anyway. He initiated the creation of a comprehensive operating model.

Digital Transformation 133

Digital Transformation ROI Strategy Technology 133

Smart Data Collective

JANUARY 12, 2022

Fraud risks. Small businesses suffer the greatest risks of fraud. Personal loans, business loans, credit cards, and insurance premiums all have a dependence on your credit score. Learn the contributors to your credit score to let yourself know what measures to keep your numbers high. Your credit score. High-interest debt.

Data Analytics 117

Data Analytics Analytics Finance Data mining 117

CIO Business Intelligence

AUGUST 14, 2023

Typically quicker, micro transformations are more adaptable — and lower risk — than large-scale projects, helping organizations achieve tangible improvements faster. It was a cross-functional effort between GTO team members and MetLife’s pet insurance team, Pappas says.

IT 79

IT Insurance Digital Transformation Broadcasting 79

CIO Business Intelligence

JULY 3, 2023

We at Dayton, Ohio-based healthcare company CareSource have made interoperability investments an integral component of our IT strategy in order to drive quality healthcare outcomes for our members. This includes dynamic planning, hooked and unhooked technology/data, workforce planning, and legal and risk competency.

IT 52

IT Measurement Interactive Insurance 52

bridgei2i

JULY 8, 2020

They discuss the impact of the pandemic on enterprises and the need to adopt parallel windows – a short term window to get an enterprise’s operational system up and running as effectively as possible, and a medium-term outlook to mitigate the supply chain shocks and risks. Tune in, and don’t forget to subscribe!

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

Jen Stirrup

MAY 8, 2021

A CISO sets out the strategy to ensure the security of corporate IT assets and data. Earlier this year, the Belgian Data Protection Authority fined a company €50K for appointing the DPO role to the Head of Compliance, Risk and Audit. To fulfil the DPO role obligations, the DPO is effectively questioning the CISO strategy and practices.

Insurance 76

Insurance Risk Enterprise Strategy 76

Smart Data Collective

NOVEMBER 12, 2021

Big data has helped companies identify promising cost-saving measures, recruit the best talent, optimize their marketing strategies and realize many other benefits. Over overlooked advantage of big data is that it can help improve outsourcing strategies. Outsourcing is becoming a lot more important than ever.

Data-driven 104

Data-driven Cost-Benefit Data mining Big Data 104

CIO Business Intelligence

MAY 16, 2023

To gain perspective, Iron Mountain sponsored research by Quadrant Strategies, which used digital listening technologies to study public online conversation trends among enterprise decision-makers. Information governance enables enterprises to achieve strategic goals, mitigate risk, and reduce costs.

Advertising 85

Advertising Recreation/Entertainment Experimentation Enterprise 85

O'Reilly on Data

OCTOBER 22, 2020

banking, insurance, etc.), The safest course of action is also the slowest and most expensive: obtain your training data as part of a collection strategy that includes efforts to obtain the correct representative sample under an explicit license for use as training data. I found this can be a difficult question to ask.

Consulting 296

Consulting Risk Cost-Benefit Modeling 296

CIO Business Intelligence

MAY 16, 2022

ITIL’s systematic approach to IT service management (ITSM) can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. This path focuses on how technology directs business strategy and how IT plays into that.

IT 101

IT Cost-Benefit ROI Risk 101

BizAcuity

JULY 26, 2021

According to the 2019 report by Flexera enterprises with a hybrid strategy grew to 58% in 2019 from 51% in 2018. Improved security and risk management. Hybrid cloud computing aids businesses with crucial control on their data and improving security by reducing the potential risk of data disclosure. What is a hybrid cloud?

IT 52

IT Cost-Benefit Data Processing Risk 52

Cloudera

SEPTEMBER 7, 2023

With AI, financial institutions and insurance companies now have the ability to automate or augment complex decision-making processes, deliver highly personalized client experiences, create individualized customer education materials, and match the appropriate financial and investment products to each customer’s needs.

Insurance 79

Insurance Risk Data-driven Finance 79