Cloudera

OCTOBER 28, 2021

The German underwriters analyzed historical data such as weather, location, breed, type of crop, and a farmer’s experience to assess risk, underwrite and set price exposures. In this way, the Commercial Lines segment of insurance has really been a user of big data since its inception. Another example is fleet management.

Insurance 96

Insurance Risk Unstructured Data Data-driven 96

IBM Big Data Hub

AUGUST 28, 2023

Data extraction Once you’ve assigned numerical values, you will apply one or more text-mining techniques to the structured data to extract insights from social media data. Crisis management and risk management: Text mining serves as an invaluable tool for identifying potential crises and managing risks.

Data mining 59

Data mining Machine Learning Deep Learning Marketing 59

Jet Global

MAY 9, 2024

The architecture may vary depending on the specific use case and requirements, but it typically includes stages of data ingestion, transformation, and storage. Data ingestion methods can include batch ingestion (collecting data at scheduled intervals) or real-time streaming data ingestion (collecting data continuously as it is generated).

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52