Remove Data Analytics Remove Descriptive Analytics Remove IoT Remove Risk
article thumbnail

Improve Underwriting Using Data and Analytics

Cloudera

In this post, I’ll explore opportunities to enhance risk assessment and underwriting, especially in personal lines and small and medium-sized enterprises. To me, this means that by applying more data, analytics, and machine learning to reduce manual efforts helps you work smarter. Step one: gather the data.

article thumbnail

Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

In these applications, the data science involvement includes both the “learning” of the most significant patterns to alert on and the improvement of their models (logic) to minimize false positives and false negatives. These may not be high-risk discoveries, but they could be high-reward discoveries. Pay attention!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

Combined, it has come to a point where data analytics is your safety net first, and business driver second. 85% of AI (marketing) projects fail due to risk, confusion, and lack of upskilling among marketing teams.(Source: AI Adoption and Data Strategy. Artificial Intelligence Analytics. Source: Gartner Research).

article thumbnail

The Data Behind Tokyo 2020: The Evolution of the Olympic Games

Sisense

Not only does it support the successful planning and delivery of each edition of the Games, but it also helps each successive OCOG to develop its own vision, to understand how a host city and its citizens can benefit from the long-lasting impact and legacy of the Games, and to manage the opportunities and risks created.