Jet Global

JUNE 5, 2020

What Is an Insurance KPI? An insurance Key Performance Indicator (KPI) or metric is a measure that an insurance company uses to monitor its performance and efficiency. Insurance metrics can help a company identify areas of operational success, and areas that require more attention to make them successful. View Guide Now.

Insurance 59

Insurance Metrics Reporting KPI 59

IBM Big Data Hub

APRIL 10, 2024

In fact, 83% of IT executives feel that modernization is central to their organization’s strategy, but only 27% say their organizations have modernized the requisite workflows (including applications, data and underlying systems). For example, the cost of the technical debt in US was $1.52 trillion in 2022.

Cost-Benefit 99

Cost-Benefit Software Risk Marketing 99

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. Benefits aplenty. The beauty of AI is that it promises to deliver more benefits than you can even imagine. Faster decisions .

Cost-Benefit 128

Cost-Benefit Internet of Things Insurance Data-driven 128

Smart Data Collective

MAY 23, 2021

AI (Artificial Intelligence) and ML (Machine Learning) will bring improvement in Fintech in 2021 as the accuracy and personalization of payment, lending, and insurance services while also assisting in the discovery of new client pools. As a result, fintech firms can solve complex challenges even more quickly and efficiently.

Insurance 119

Insurance Machine Learning Cost-Benefit Data-driven 119

Smart Data Collective

MARCH 23, 2023

AI technology offers a number of major benefits of small businesses and freelancers. However, one of the other benefits of AI is that it can help with your taxes! Advanced AI algorithms can reduce costs, save time, and improve ROI. You can also deduct the cost of your AI-driven tax preparation software.

Cost-Benefit 80

Cost-Benefit Insurance Advertising Consulting 80

Cloudera

NOVEMBER 16, 2022

Tracks represented financial services, insurance, retail and consumer packaged goods, and healthcare. Overall, it struck me that while data science is not new, most firms are still defining the mission of the data office and data officer. Cost Savings: costs avoided, manual labor and time savings.

Insurance 78

Insurance Cost-Benefit Metrics Measurement 78

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 89

Cost-Benefit Insurance Unstructured Data Machine Learning 89

CIO Business Intelligence

FEBRUARY 16, 2024

For most organizations, a shift to the cloud brings scalability, access to innovative tools, and the possibility of cost savings. These HCM services include applicant tracking, compensation, talent, and learning management, as well as insurance and retirement services. An early partner of Amazon, the Roseburg, N.J.-based

Digital Transformation 109

Digital Transformation Experimentation Cost-Benefit Machine Learning 109

IBM Big Data Hub

JULY 11, 2023

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?

Deep Learning 60

Deep Learning Cost-Benefit Insurance Machine Learning 60

erwin

MAY 2, 2022

How to create a solid foundation for data modeling of OLTP systems. As you undertake a cloud database migration , a best practice is to perform data modeling as the foundation for well-designed OLTP databases. This makes mastering basic data modeling techniques and avoiding common pitfalls imperative. Data modeling basics.

Modeling 98

Modeling Insurance Cost-Benefit Data Warehouse 98

Smart Data Collective

JANUARY 12, 2022

Data analytics has arguably become the biggest gamechanger in the field of finance. Many large financial institutions are starting to appreciate the many advantages that big data technology has brought. Data analytics can even help them prepare for financial disasters. billion in the next two years. Fraud risks.

Data Analytics 117

Data Analytics Analytics Finance Data mining 117

Smart Data Collective

MAY 14, 2021

There are a number of new fields that have opened up due to recent advances in big data. Big data has played a huge role in the evolution of business development. One field that has emerged as a result of new developments in big data technology is the virtual agent. Meanwhile, the load on agency call centers shrinks.

Insurance 83

Insurance Big Data Cost-Benefit Data-driven 83

datapine

AUGUST 19, 2020

In our cutthroat digital economy, massive amounts of data are gathered, stored, analyzed, and optimized to deliver the best possible experience to customers and partners. Collecting big amounts of data is not the only thing to do; knowing how to process, analyze, and visualize the insights you gain from it is key.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

CIO Business Intelligence

JANUARY 11, 2023

As the economic pendulum shifts to cost control, CIOs will have to find ways to continue achieving the same results but with less margin for error,” he notes. There’s an industry-wide push to reduce technical and data debt and reallocate those resources toward building the future, Conyard says. “CIOs This is no longer true. “As

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

CIO Business Intelligence

APRIL 18, 2024

In a large organization with thousands of developers and applications, teams don’t get the benefits of scale when they have a bunch of different platforms. Over the past few years, there’s been a lot of confusion about where the line between a platform and infrastructure is, mostly driven by everyone’s interest in Kubernetes.

Cost-Benefit 85

Cost-Benefit Software Recreation/Entertainment Insurance 85

Smart Data Collective

AUGUST 11, 2022

Data analytics technology has become very important for helping companies manage their financial strategies. There are many great benefits of using data analytics to improve financial management strategies. Many investors are using data analytics to invest in stocks. Determine the best payment terms for customers.

Data Analytics 117

Data Analytics Optimization Analytics Cost-Benefit 117

erwin

APRIL 11, 2019

Keeping up with new data protection regulations can be difficult, and the latest – the General Data Protection Regulation (GDPR) – isn’t the only new data protection regulation organizations should be aware of. A number of high-profile data breaches and scandals have increased public awareness of the issue.

Insurance 100

Insurance Data-driven Data Governance Metadata 100

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

Alation

NOVEMBER 4, 2022

In business, data-based goals tend to be very tangible. Perhaps you want to boost your ROI or CAGR, or reduce the time your analysts spend accessing and leveraging data. In this blog we’ll describe digital transformation: how it can be achieved as well as how it can benefit your business. But first you need to define them.

Digital Transformation 52

Digital Transformation Cost-Benefit Insurance Machine Learning 52

Smart Data Collective

JULY 3, 2023

The National Association of Insurance Commissioners that there will be about 3.5 The Rise of Electric Vehicles The popularity of electric vehicles has soared in recent years, driven by their reduced carbon emissions and cost-effective performance. AI technology has led to some major breakthroughs in our modern lives.

Software 73

Software Manufacturing Recreation/Entertainment Data-driven 73

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

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

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 107

Enterprise Interactive Data-driven Key Performance Indicator 107

CIO Business Intelligence

APRIL 29, 2022

Preparing for an artificial intelligence (AI)-fueled future, one where we can enjoy the clear benefits the technology brings while also the mitigating risks, requires more than one article. This first article emphasizes data as the ‘foundation-stone’ of AI-based initiatives. Establishing a Data Foundation. Data Centricity.

Data Governance 143

Data Governance IT Risk Data Lake 143

IBM Big Data Hub

FEBRUARY 2, 2023

In today’s world, data warehouses are a critical component of any organization’s technology ecosystem. The rise of cloud has allowed data warehouses to provide new capabilities such as cost-effective data storage at petabyte scale, highly scalable compute and storage, pay-as-you-go pricing and fully managed service delivery.

Data Warehouse 57

Data Warehouse Cost-Benefit Unstructured Data Data Architecture 57

CIO Business Intelligence

AUGUST 14, 2023

It was more, ‘Let’s do this under the radar and prove out a couple of micro wins … and that will lead to more macro benefits.’ We want to move more toward value-based care, and we can do that with both larger and quick-hit projects like [EmmiJourneys] with relatively low overhead costs and risk,’’ he says.

IT 79

IT Insurance Digital Transformation Broadcasting 79

Smart Data Collective

JUNE 30, 2022

You would also discover the big data is at the heart and soul of modern organizational practices. More companies are using data analytics to optimize their business models in creative ways. The IoT has helped improve logistics , but big data has been even more impactful. How can data analytics help with these other processes?

Analytics 111

Analytics Cost-Benefit Analytics Technologies Big Data 111

Cloudera

AUGUST 31, 2021

Cloudera and Accenture demonstrate strength in their relationship with an accelerator called the Smart Data Transition Toolkit for migration of legacy data warehouses into Cloudera Data Platform. Accenture’s Smart Data Transition Toolkit . Are you looking for your data warehouse to support the hybrid multi-cloud?

Data Warehouse 80

Data Warehouse Cost-Benefit Metadata Data-driven 80

IBM Big Data Hub

FEBRUARY 13, 2024

Demystifying generative AI At the heart of Generative AI lie massive databases of texts, images, code and other data types. This data is fed into generational models, and there are a few to choose from, each developed to excel at a specific task. Imagine each data point as a glowing orb placed on a vast, multi-dimensional landscape.

Enterprise 127

Enterprise Modeling Testing Data-driven 127

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. We made some impressive deductions.

Big Data 79

Big Data Machine Learning Insurance Cost-Benefit 79

Smart Data Collective

AUGUST 21, 2019

Millman has introduced some articles on the benefits of big data in the retirement industry. Wade Matterson wrote an article on LinkedIn on the value of big data for solving the retirement riddle. A growing body of research shows that big data can be invaluable for people planning for retirement.

Big Data 77

Big Data Cost-Benefit Insurance Data-driven 77

CIO Business Intelligence

APRIL 19, 2022

Process automation began with two promises: uniting disparate systems together and unleashing the massive trove of data that sits within your processes and back-office functions. The efficiency narrative is driven by platform DNA (think enterprise architecture). Automation is more than just about speed and cost.

Digital Transformation 103

Digital Transformation Insurance ROI Business Objectives 103

O'Reilly on Data

OCTOBER 22, 2020

Understanding the company’s true purpose unlocks the business model and sheds light on what is useful to do with the data. Since I work in the AI space, people sometimes have a preconceived notion that I’ll only talk about data and models. banking, insurance, etc.), How did you obtain your training data?

Consulting 296

Consulting Risk Cost-Benefit Modeling 296

CIO Business Intelligence

APRIL 25, 2022

The benefits of improved business-IT collaboration include things such as projects that better fit business goals, improved change management, and better buy-in for new initiatives. Because NPD is a data company and Person oversees data architecture, “I own the factory,” he says. “So Embedded IT.

IT 111

IT Insurance Cost-Benefit Reporting 111

CIO Business Intelligence

SEPTEMBER 11, 2023

Translating the CEO’s strategy Another legacy organization, 105-year-old The Teachers Insurance and Annuity Association of America (TIAA), has “a specific focus on elevating data and digital fluency” across the organization, says Sastry Durvasula, CIO and client services officer. Rizwan, CIO of Z2C Ltd.,

Digital Transformation 133

Digital Transformation ROI Strategy Technology 133

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

Jet Global

DECEMBER 9, 2020

Inventory reduction has other benefits as well. The cost of holding inventory is often overlooked. Insurance and excise taxes may reduce as inventory levels decline. Managers need clear answers to ad hoc questions about inventory obsolescence and liquidation, seasonal fluctuations, carrying costs, shrinkage, and more.

Reporting 81

Reporting Finance Sales Measurement 81