Smart Data Collective

NOVEMBER 1, 2020

Advances in big data are a double-edged sword in the fight against online scams and data breaches. The reason for this is that both cybersecurity professionals and cybercriminals are using data technology to their full advantage. Data Analytics is the First Line of Defense Against Online Criminals.

Data Analytics 101

Data Analytics Analytics Big Data Data-driven 101

Cloudera

FEBRUARY 18, 2021

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. .

Insurance 105

Insurance Digital Transformation Risk Data-driven 105

Smart Data Collective

OCTOBER 13, 2020

Deloitte Analytics author Ashwin Patil recently talked about the incredible benefits of big data in the automotive sector. His article focused primarily on the applications of big data in auto manufacturing. “At However, there are plenty of other applications of big data after the manufacturing process is finished.

Data-driven 133

Data-driven Big Data Manufacturing Insurance 133

Smart Data Collective

JANUARY 26, 2022

Legal analytics is an evolving discipline that is changing the future of the legal profession. Law firms are expected to spend over $9 billion on legal analytics technology by 2028. But what is legal analytics? Last year, we published an article on the ways that big law and big data are intersecting.

Data Analytics 73

Data Analytics Analytics Predictive Analytics Insurance 73

Smart Data Collective

NOVEMBER 12, 2021

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

Data-driven 104

Data-driven Cost-Benefit Data mining Big Data 104

Smart Data Collective

MAY 16, 2022

Big data is changing the future of the healthcare industry. Healthcare providers are projected to spend over $58 billion on big data analytics by 2028. Healthcare organizations benefit from collecting greater amounts of data on their patients and service partners. However, data management is just as important.

Data-driven 104

Data-driven Data Processing Insurance Big Data 104

Smart Data Collective

FEBRUARY 28, 2023

Data analytics technology has had a profound impact on the state of the financial industry. A growing number of financial institutions are using analytics tools to make better investing decisions and insurers are using analytics technology to improve their underwriting processes.

Analytics 104

Analytics Data mining Finance Analytics Technologies 104

bridgei2i

JUNE 23, 2021

6 Ways AI Is Taking The Insurance Industry Into The Future. For example, the insurance industry is witnessing a strong acceleration in the adoption and growth of AI for task automation, improvement of service quality, and data-driven decision making. Insurance is a resource-intensive field. Claim Handling.

Insurance 52

Insurance Risk Deep Learning Data-driven 52

CIO Business Intelligence

APRIL 28, 2022

Right from the start, auxmoney leveraged cloud-enabled analytics for its unique risk models and digital processes to further its mission. Particularly in Asia Pacific , revenues for big data and analytics solutions providers hit US$22.6bn in 2020 , with financial services companies ranking among their biggest clients.

Analytics 98

Analytics Insurance Big Data Uncertainty 98

IBM Big Data Hub

OCTOBER 30, 2023

In today’s digital age where data stands as a prized asset, generative AI serves as the transformative tool to mine its potential. Businesses globally recognize the power of generative AI and are eager to harness data and AI for unmatched growth, sustainable operations, streamlining and pioneering innovation.

Insurance 87

Insurance Data Warehouse Data-driven Unstructured Data 87

Smart Data Collective

NOVEMBER 17, 2021

Data analytics has become a crucial element of the financial industry. Financial institutions such as mutual funds and insurance companies are using big data to improve their operations. The market for financial analytics services is expected to be worth $14 billion by 2026. Pros of Investing in Stocks.

Analytics 113

Analytics Big Data Data-driven ROI 113

Smart Data Collective

OCTOBER 3, 2023

Healthcare providers are investing more heavily in big data technology, as they strive to deal with growing challenges such as declining operating margins and an increasingly complex regulatory environment. However, many healthcare providers lack the technology or knowledge to use data prudently.

Data Strategy 116

Data Strategy Strategy Insurance Data-driven 116

Smart Data Collective

JUNE 30, 2022

Smart companies realize that analytics technology needs to be at the core of their business models. One of the most important ways that analytics can help companies thrive is by improving their logistics. Analytics Technology Helps Companies Bolster their Logistics Strategies. This is particularly true with logistics processes.

Analytics 111

Analytics Cost-Benefit Analytics Technologies Big Data 111

datapine

OCTOBER 21, 2020

Big data has changed the way we manage, analyze, and leverage data across industries. One of the most notable areas where data analytics is making big changes is healthcare. In this article, we’re going to address the need for big data in healthcare and hospital big data: why and how can it help?

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

Smart Data Collective

DECEMBER 1, 2022

The world of big data is constantly changing and evolving, and 2021 is no different. As we look ahead to 2022, there are four key trends that organizations should be aware of when it comes to big data: cloud computing, artificial intelligence, automated streaming analytics, and edge computing. The Rise of Streaming Analytics.

Big Data 141

Big Data Internet of Things Data-driven IoT 141

Cloudera

MAY 4, 2022

The availability and maturity of automated data collection and analysis systems is making it possible for businesses to implement AI across their entire operations to boost efficiency and agility. Such human frailties are not an issue for AI-driven systems. The more efficient you can be, the less time and money you spend on a task.

Cost-Benefit 129

Cost-Benefit Internet of Things Insurance Data-driven 129

AWS Big Data

JANUARY 30, 2023

Many customers need an ACID transaction (atomic, consistent, isolated, durable) data lake that can log change data capture (CDC) from operational data sources. There is also demand for merging real-time data into batch data. The Delta Lake layer ensures ACID compliance of the source data.

Insurance 80

Insurance Data Lake Data-driven Management 80

Cloudera

JULY 21, 2021

In the build-up to this year’s Data Impact Awards, we’re looking back at last year’s winners. Last year’s awards saw OVO crowned as Data Champions. OVO – 2020’s Data Champion award winner . And where over 95% of the population find themselves without private insurance.

Insurance 93

Insurance Data-driven Machine Learning Marketing 93

Smart Data Collective

MARCH 8, 2021

According to a forecast by IDC and Seagate Technology, the global data sphere will grow more than fivefold in the next seven years. The total amount of new data will increase to 175 zettabytes by 2025 , up from 33 zettabytes in 2018. This ever-growing volume of information has given rise to the concept of big data. Maintenance.

Big Data 143

Big Data Management Predictive Analytics Statistics 143

CIO Business Intelligence

FEBRUARY 13, 2023

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Cold: On-prem infrastructure As they did in 2022, many IT leaders are reducing investments in data centers and on-prem technologies. “We

IT 145

IT Insurance Machine Learning Marketing 145

AWS Big Data

MARCH 14, 2024

For us, Kafka’s high-performance distributed log system excels in handling massive data streams, making it indispensable for seamless communication. The unwavering reliability of Kafka aligns with our commitment to data integrity. For more information, refer to Data protection in Amazon Managed Streaming for Apache Kafka.

Management 111

Management Insurance Optimization Strategy 111

IBM Big Data Hub

FEBRUARY 14, 2024

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

Cost-Benefit 90

Cost-Benefit Insurance Unstructured Data Machine Learning 90

CIO Business Intelligence

JANUARY 19, 2023

The research, conducted by International Data Corporation (IDC) and commissioned by SUSE surveyed 838 respondents in 11 Asia/Pacific countries across a range of industries such as financial services and insurance, telecommunications, and government.

Software 137

Software Enterprise Digital Transformation Insurance 137

IBM Big Data Hub

FEBRUARY 23, 2024

DL models can improve over time through further training and exposure to more data. Predictive analytics integrates with NLP, ML and DL to enhance decision-making capabilities, extract insights, and use historical data to forecast future behavior, preferences and trends.

Enterprise 108

Enterprise Interactive Data-driven Key Performance Indicator 108

CIO Business Intelligence

AUGUST 29, 2022

We’re entering a new era of sustainability-driven business transformation – where organizations that embrace sustainability as core to their business will be the ones that succeed. Data: Use data to share information around sustainability efforts.

Enterprise 97

Enterprise Internet of Things Measurement Finance 97

Ontotext

JANUARY 29, 2024

In 2023, data leaders and enthusiasts were enamored of — and often distracted by — initiatives such as generative AI and cloud migration. I expect to see the following data and knowledge management trends emerge in 2024. However, organizations need to be aware that these may be nothing more than bolted-on Band-Aids.

Strategy 52

Strategy Management Metadata Data-driven 52

Jet Global

OCTOBER 28, 2021

Deal accelerates insightsoftware’s enterprise position in operational reporting by adding market-leading data analytics and integration products including SAP and Oracle ERP reporting solutions. The company’s data integration and connectivity solutions help customers better manage distributed data sources across the enterprise.

Operational Reporting 83

Operational Reporting Finance Data-driven Reporting 83

FineReport

APRIL 9, 2024

Understanding Healthcare BI Tools The Role of Healthcare BI Tools Healthcare BI tools are instrumental in revolutionizing decision-making processes and patient care through the utilization of advanced data analysis and technology.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

CIO Business Intelligence

OCTOBER 13, 2022

While pandemic-driven digital transformation has enabled the media and entertainment industry to stream awesome content 24/7 – digital technology is also safeguarding visitors, performing artist, and crew at the Eurovision Song Contest by monitoring their Covid-19 exposure levels in real time. So, how does it work?

Risk 98

Risk Broadcasting Recreation/Entertainment Measurement 98

Cloudera

MARCH 3, 2022

Whether the enterprise uses dozens or hundreds of data sources for multi-function analytics, all organizations can run into data governance issues. Bad data governance practices lead to data breaches, lawsuits, and regulatory fines — and no enterprise is immune. . Everyone Fails Data Governance.

Data Governance 98

Data Governance Enterprise Data Quality Metadata 98

CIO Business Intelligence

MAY 2, 2022

Can you deliver meaningful results on a data project within one or two quarters? That’s a requirement for nearly any initiative undertaken by Petco Chief Data and Analytics Officer Rakesh Srinivasan, who invests the talent and resources to achieve results quickly.

Advertising 98

Advertising Data Governance Insurance Strategy 98

Smart Data Collective

NOVEMBER 9, 2021

The average consumer is unaware of the phenomenal benefits that big data provides. One of the biggest benefits of big data is that it can help improve driver safety. Data analytics technology is becoming more useful when it comes to stopping traffic accidents. Big Data is the Key to Addressing Driver Safety Risks.

Big Data 132

Big Data Manufacturing Risk Insurance 132

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. 1- Treating data as a strategic business asset . 2- Operationalizing adaptive AI systems for quicker business decision-making.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

bridgei2i

MARCH 9, 2021

How a Partnership with an AI Data Company Can Transform Your Business’s Technological Capacities. A partnership with an advanced AI data company comes with various advantages. The experts working in the Artificial Intelligence field aren’t just experts of advanced programming – they’re also masters of data science.

Technology 52

Technology Unstructured Data Insurance Sales 52

Sisense

AUGUST 19, 2020

The right use of data changes everything. Disrupting Markets is your window into how companies have digitally transformed their businesses, shaken up their industries, and even changed the world through the use of data and analytics. These insights have helped improve machine learning models with more precise data.

Big Data 52

Big Data Machine Learning Digital Transformation Marketing 52

CIO Business Intelligence

MAY 16, 2023

The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. Big Data collection at scale is increasing across industries, presenting opportunities for companies to develop AI models and leverage insights from that data.

Advertising 105

Advertising Recreation/Entertainment Experimentation Enterprise 105

Smart Data Collective

MAY 30, 2019

Big data is changing the direction of customer service. They rely on big data to better serve customers. Namee Jani wrote a fascinating article on chatbots and data analytics last year. She said they are the next big thing in business optimization in her article on Towards Data Science. What else can a chatbot do?

Big Data 79

Big Data Machine Learning Insurance Cost-Benefit 79