Big Data Data Collection Insurance Measurement 
Smart Data Collective
MARCH 27, 2020
The auto insurance industry has always relied on data analysis to inform their policies and determine individual rates. With the technology available today, there’s even more data to draw from. The good news is that this new data can help lower your insurance rate. Marital status. Occupation. Type of Vehicle.
IBM Big Data Hub
APRIL 24, 2024
Rules for handling children’s data might become even stricter if the Kids Online Safety Act (KOSA), currently under consideration in the US Senate, becomes law. Some kinds of data, like biometrics and social security numbers, require stronger protections than others. Retention policies should also be limited.
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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.
Smart Data Collective
MAY 29, 2022
What is data analytics? One of the most buzzing terminologies of this decade has got to be “data analytics.” Companies generate unlimited data every day, and there is no end to the data collected over time. Companies need all of this data in a structured manner to improve their decision—making capabilities.
Smart Data Collective
MARCH 23, 2022
Evaluating credit card usage: Most companies will consider credit card usage for identifying theft or fraudulent acts; however, the data can be used for looking at credit limits, interest rates, and collecting debt. Regarding surveys, the basket analysis helps you identify what type of questions you can ask your consumers.
IBM Big Data Hub
FEBRUARY 23, 2024
Marketing and sales: Conversational AI has become an invaluable tool for data collection. It assists customers and gathers crucial customer data during interactions to convert potential customers into active ones. This data can be used to better understand customer preferences and tailor marketing strategies accordingly.
Smart Data Collective
DECEMBER 20, 2019
Adoption is certainly ramping up, and the technologies that support IoT are also growing more sophisticated — including big data, cloud computing and machine learning. The data that IoT devices collect can inform and enable action throughout the scope of a project and even beyond.
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