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. It is fast and slow.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

Alation

FEBRUARY 13, 2020

The research examined the potential ROI enterprises realize by deploying Alation. They looked at the benefits, costs and risks associated with a data catalog investment. It reveals both quantitative and qualitative benefits from data catalog adoption including a 364% return on investment (ROI), $2.7

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

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 68

Digital Transformation Insurance Optimization ROI 68

Alation

FEBRUARY 20, 2020

For example, a risk insurance company that has sensitive customer information and transactional data, can store that information in an on-premise system. The cloud could then be leveraged for burst out scenarios, such as processing and adjusting risk policies around a real-time event (e.g. Conclusion.

Data Lake 52

Data Lake ROI Metadata Cost-Benefit 52

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. Are you seeing any specific issues around the insurance industry at the moment that should concern CDAOs?

Insurance 150

Insurance Risk IoT Cost-Benefit 150

CIO Business Intelligence

MAY 1, 2024

Ready to roll It’s shorter to make a list of organizations that haven’t announced their gen AI investments, pilots, and plans, but relatively few are talking about the specifics of any productivity gains or ROI. There’s pressure to demonstrate the uptake of true ROI, Gownder adds, but warns we’re not at that point yet.

Cost-Benefit 135

Cost-Benefit Metrics Insurance Measurement 135

CIO Business Intelligence

SEPTEMBER 13, 2022

Insurance companies also see Infinidat as a storage vendor of choice. One that has spoken out publicly, like Salem Five, is Clientèle Life Insurance, a well-respected insurance company in South Africa. Clientèle Life Insurance reduced risk by choosing Infinidat as its storage solution provider.

Enterprise 70

Enterprise Insurance Cost-Benefit ROI 70

Smart Data Collective

JULY 11, 2022

You have to work harder to get a high ROI with social media advertising than with organic content, because you have to spend money on ads. These data analytics platforms make it easier to improve the ROI of your strategy. Any business with a digital component (which is most modern businesses) is at risk of being hacked.

Data Analytics 133

Data Analytics Analytics Advertising Big Data 133

CIO Business Intelligence

MAY 11, 2022

Chief Risk Officer (CRO) – Complying with regulatory guidelines may be challenging during times of disruption, especially in heavily regulated industries. Commercial insurance is another critical risk-mitigation tool used to reduce operational risks. Director, Risk Assessment. Dugan Krwawicz. Hirun Tantirigama.

Management 81

Management Testing Insurance Finance 81

IBM Big Data Hub

NOVEMBER 10, 2023

Since 2021, healthcare insurance companies also known as payers, that set service rates, collect payments, process claims, and pay healthcare provider claims, have the obligation to comply with the interoperability requirements set in 2020. These requirements enable the exchange of important data between healthcare payers and providers.

Cost-Benefit 98

Cost-Benefit Insurance Consulting Unstructured Data 98

CIO Business Intelligence

AUGUST 1, 2023

As many CIOs prepare their 2024 budgets and digital transformation priorities, developing a strategy that seeks opportunities to evolve business models, targets near-term operational impacts, prioritizes where employees should experiment, and defines AI-related risk-mitigating plans is imperative.

Digital Transformation 96

Digital Transformation Unstructured Data Strategy Experimentation 96

IBM Big Data Hub

FEBRUARY 14, 2024

AIOps is one of the fastest ways to boost ROI from digital transformation investments. They can streamline workflows to increase efficiency and reduce time-consuming tasks and the risk of error in production, support, procurement and other areas. ML can also conduct algorithmic trading without human intervention.

Cost-Benefit 83

Cost-Benefit Insurance Unstructured Data Machine Learning 83

CIO Business Intelligence

DECEMBER 5, 2023

CIOs should also periodically review projects in play to reprioritize them based on anticipated ROI and feasibility, says 11:11’s Pratt. Contractors and vendors should be treated like your car insurance,” says Pratt. Ensuring all IT spend is directly tied to business demand acts as an automatic cost optimizer.

IT 129

IT Cost-Benefit ROI Digital Transformation 129

CIO Business Intelligence

SEPTEMBER 11, 2023

Translating the CEO’s strategy Another legacy organization, 105-year-old The Teachers Insurance and Annuity Association of America (TIAA), has “a specific focus on elevating data and digital fluency” across the organization, says Sastry Durvasula, CIO and client services officer.

Digital Transformation 130

Digital Transformation ROI Strategy Technology 130

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. Nationwide Insurance achieved a 40% reduction in system outages and estimates a $4.3

IT 97

IT Cost-Benefit ROI Risk 97

IBM Big Data Hub

APRIL 18, 2024

Beyond cost savings, organizations seek tangible ways to measure gen AI’s return on investment (ROI), focusing on factors like revenue generation, cost savings, efficiency gains and accuracy improvements, depending on the use case. A key trend is the adoption of multiple models in production.

Cost-Benefit 91

Cost-Benefit Modeling Manufacturing Interactive 91

DataRobot

NOVEMBER 15, 2021

This will be further expanded to energy, life sciences, insurance, government, telecommunications and media organizations in 2022. DataRobot AI Cloud on AWS enables organizations across the banking and healthcare industry to easily build, deploy, and monitor machine learning models that yield actionable insights and ROI.

Manufacturing 52

Manufacturing Forecasting Machine Learning Data-driven 52

Domino Data Lab

MARCH 11, 2021

Machine learning is used in almost every industry, notably finance , insurance , healthcare , and marketing. H2O is widely used in risk and fraud trend analysis, insurance customer analysis, patient analysis in healthcare, advertising costs and ROI, and customer intelligence.

Machine Learning 143

Machine Learning Deep Learning Insurance Modeling 143

Alation

MARCH 31, 2023

“The most common roadblocks to the success of D&A initiatives are all human-related challenges,” they noted, citing: Skills shortages Lack of business engagement Difficulty accepting change Poor data literacy throughout the organization With D&A leaders under increasing pressure to show ROI, business alignment is critical.

Data Analytics 52

Data Analytics Analytics Metadata Data Governance 52

Ontotext

APRIL 3, 2024

Nimit Mehta : You are talking about the three big ones: cost, revenue, and risk. And, when you get to the top, it’s about risks and existential threats to the business. How do I make sure I can manage risk?” We are currently doing non-financial risk identification for a big Financial Services organization.

Technology 59

Technology Risk Digital Transformation Measurement 59

CIO Business Intelligence

MARCH 13, 2024

At Gallagher, a global insurance brokerage, risk management, and consulting services firm, executive search practice managing director Tom Wilson says his team uses gen AI for research and written communications. Artificial Intelligence, CIO, Generative AI, IT Leadership, ROI and Metrics, Software Development

IT 120

IT Consulting Testing Cost-Benefit 120

Cloudera

AUGUST 22, 2021

This makes it tougher to understand the app dependencies and accurately assess for feasibility, costs, implementation and ultimately generate ROI. For enterprises in particular, a multi-cloud strategy utilizing both public and private clouds presents an enticing option to diversify risk, increase security and maximise innovation.

Cost-Benefit 104

Cost-Benefit Strategy IoT ROI 104

datapine

OCTOBER 11, 2023

It allows for informed decision-making and efficient risk mitigation. In time, this will help you increase customer satisfaction and skyrocket warehouse ROI. Enhance efficiency and safety: Ensuring your warehouse operations are efficient and safe is another great benefit of using KPIs.

Metrics 217

Metrics KPI Management Cost-Benefit 217

CIO Business Intelligence

NOVEMBER 7, 2022

Panorama Consulting Solutions, which regularly surveys businesses on the outcomes of their ERP projects, shows in its 2022 report that 81% of projects met ROI expectations a year or more after go-live. While we weren’t naïve to the risk of disruption to the business, the extent and magnitude was greater than we anticipated.”

Manufacturing 127

Manufacturing Cost-Benefit Sales Consulting 127

bridgei2i

SEPTEMBER 3, 2020

AI-led Intelligent Operations can help a lot and, in fact, already transforming these areas—be it developing smart apps for banking or using drones to do damage surveys for insurance—with its exceptional ability to detect anomalies and recommend next-best options. So, you know, think about an insurance company. Arjun: Absolutely.

Enterprise 94

Enterprise Insurance Digital Transformation Interactive 94

Domino Data Lab

FEBRUARY 4, 2019

Eric’s article describes an approach to process for data science teams in a stark contrast to the risk management practices of Agile process, such as timeboxing. The ability to measure results (risk-reducing evidence). Given the two points above, that’s okay—there are good ways to direct data exploration toward ROI.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

Andrew White

JANUARY 11, 2021

As such banking, finance, insurance and media are good examples of information-based industries compared to manufacturing, retail, and so on. Some data is more a risk than valuable. Risk Management (most likely within context of governance). Saul Judah is our main person focusing on D&A risk management. Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52