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The business value of operating core insurance solutions on the cloud

IBM Big Data Hub

Although interest rates have increased at an unprecedented rate over the past year due to efforts by central banks to curb inflation, insurers are locked into low-yielding investments, and it will take several years for their investment yields to improve. Core modernization (processes and technology) is a top priority for every insurer.

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The benefits of AI in healthcare

IBM Big Data Hub

Artificial intelligence is used in healthcare for everything from answering patient questions to assisting with surgeries and developing new pharmaceuticals, benefitting both patients and healthcare systems. How does artificial intelligence benefit healthcare?

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7 Key Industries Being Transformed by Data Savvy Virtual Agents

Smart Data Collective

One of the biggest benefits IVAs lend to local governments is their multilingual capabilities. IVAs can help them save costs while still making sure the public has all the services they need. The insurance industry had to make adjustments on the fly to serve remote customers during the COVID-19 pandemic. Healthcare.

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Big Data Leads To An Impressive Array of Chatbots In Customer Service

Smart Data Collective

We had interviewed experts from several major companies, including Frontier Communications on the benefits of these AI-driven tools. One thing is for sure – if you want to sell more on the Internet, handle more customers, save on personnel costs, you certainly need Chatbot. We made some impressive deductions.

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What Are the Industries That Benefit Most from Big Data?

Smart Data Collective

In 2020, the size of the global Big Data market reached 56 billion, and it’s on track to exceed 103 billion by 2027. However, some industries have more to benefit from Big Data than others and have reached impressive milestones because data science and data analytics have helped them streamline their operations. Healthcare.

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Process price transparency data using AWS Glue

AWS Big Data

The Transparency in Coverage rule is a federal regulation in the United States that was finalized by the Center for Medicare and Medicaid Services (CMS) in October 2020. The rule requires health insurers to provide clear and concise information to consumers about their health plan benefits, including costs and coverage details.

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3 Key Components of the Interdisciplinary Field of Data Science

Domino Data Lab

Depending on the problem, it may be more important to reduce bias at the cost of precision or reduce noise at the expense of accuracy. The differences between models can often be subtle yet drastically change accuracy and precision (the alternatives being bias and noise). Computer Science Skills.