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How Insurance Companies Use Data To Measure Risk And Choose Rates

Smart Data Collective

Here is the type of data insurance companies use to measure a client’s potential risk and determine rates. For instance, the 2000 Honda Civic is the most stolen car in America and the Mitsubishi Mirage (in the 2013-2017 model range) has the most fatal crashes. With the technology available today, there’s even more data to draw from.

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Give up those Measures and Metrics to Succeed – Really

Andrew White

The period was between 1961 and 2017, when Hong Kong grew from about a quarter as rich as the UK to almost 40%. If bureaucrats start to measure something, it won’t be long before they start to meddle in it. In data and analytics we all know the phrase, ‘you can’t manage what you don’t measure’. For example, GDP was not tracked.

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Swiss energy services company uses machine learning to see the future

CIO Business Intelligence

But because electricity consumption was easy to gauge, there was no urgency for measuring current and low voltage power flows. That changed in 2017 when Swiss voters approved an energy act that would reduce the country’s dependency on fossil fuels by 2050. Without real-time power measurements, estimated power values were being used.

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How companies are building sustainable AI and ML initiatives

O'Reilly on Data

A recent survey investigated how companies are approaching their AI and ML practices, and measured the sophistication of their efforts. On the other hand, we wanted to measure the sophistication of their use of these components. On one hand, we wanted to see whether companies were building out key components.

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The change management Informatica needed to overhaul its business model

CIO Business Intelligence

billion business, and every dollar goes through a set of business processes and applications that didn’t exist in 2017. The metrics you use to measure a cloud company are different than those you use to measure an enterprise license and maintenance company. Today, we’re a $1.6 The architecture was a means to get there.

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LayerX Security Raises $24M for its Browser Security Platform, Enabling Employees to Work Securely from Any Browser, Anywhere

CIO Business Intelligence

Consequently, they recognize that effective security measures should adapt to real-world user behaviors, rather than the other way around,” said Yair Snir, Managing Director at Dell Technologies Capital. “In

IT 59
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The history of ESG: A journey towards sustainable investing

IBM Big Data Hub

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important in investment decision-making over the years. In response, asset managers began to develop ESG strategies and metrics to measure the environmental and social impact of their investments.