Smart Data Collective

AUGUST 11, 2022

Data analytics technology has become very important for helping companies manage their financial strategies. Companies are projected to spend nearly $12 billion on financial analytics services by 2028. There are many great benefits of using data analytics to improve financial management strategies.

Data Analytics 117

Data Analytics Optimization Analytics Cost-Benefit 117

CIO Business Intelligence

NOVEMBER 2, 2023

Yet, controlling cloud costs remains the top challenge IT leaders face in making the most of their cloud strategies, with about one third — 35% — of respondents citing these expenses as the No. Other top concerns are data privacy and security challenges (31%) and lack of cloud security and cloud expertise (24%).

Strategy 122

Strategy Data Processing Experimentation Optimization 122

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. Markets and Markets estimates that the financial analytics market will be worth $11.4 billion in the next two years.

Data Analytics 117

Data Analytics Analytics Finance Data mining 117

Smart Data Collective

NOVEMBER 17, 2021

Data analytics is becoming a crucial element of many business strategies. They have found that data analytics is a valuable component of marketing campaigns , financial planning objectives, human resource guidelines and much more. Data Analytics is Helping Many Spotify Musicians Improve Their Reach.

Data Analytics 127

Data Analytics Analytics Advertising Data-driven 127

bridgei2i

MAY 4, 2020

Episode 4: COVID-19 | Implications and Impact on Insurance Industry. COVID-19 | Implications and Impact on Insurance Industry. In this episode, Anirban Chaudhury talks about how insurers the world over are grappling with new and unprecedented challenges to balance high financial losses, increasing new premiums, and rising claims.

Insurance 95

Insurance Enterprise Sales Digital Transformation 95

Smart Data Collective

MAY 8, 2022

Verizon Connect has talked at length about the benefits of using big data to streamline many business operations for fleet management. Data analytics can help with everything from improving driver safety to boosting route efficiency. Data Analytics Transforms the Fleet Management Industry’s Customer Service Model.

Optimization 104

Optimization Data Analytics Management Analytics 104

Smart Data Collective

JANUARY 26, 2022

Increasingly, though, brands and businesses of all sizes expect their legal representatives to leverage and report out – data the same way as the rest of the company. As a result, big law firms have implemented data analytics a top-of-mind priority for in-house attorneys. What is Legal Analytics?

Data Analytics 73

Data Analytics Analytics Predictive Analytics Insurance 73

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. This is because although generative AI can replace people in some cases, there is no professional liability insurance for LLMs.

Strategy 52

Strategy Management Metadata Data-driven 52

CIO Business Intelligence

NOVEMBER 16, 2023

In a career spanning such companies as IBM, KeyCorp, M&T Bank, and BMO, she has “answered the call” many times, most recently as CIO of The Hartford, where she is responsible for the overall strategy, vision, and execution of business technology, cyber, data analytics, and data science. Can you expand on that?

Insurance 115

Insurance Enterprise Risk Digital Transformation 115

Corinium

JUNE 6, 2019

I am the Chief Practice Officer for Insurance, Healthcare, and Hi-Tech verticals at Fractal. The Insurance practice is currently engaged with several top 10 P&C insurers in the US, across the Insurance value chain through AI, Engineering, Design & Behavioural Sciences programs.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

CIO Business Intelligence

MARCH 18, 2024

Every business in some form or another is looking to adopt and integrate emerging technologies—whether that’s artificial intelligence, hybrid cloud architectures, or advanced data analytics—to help achieve a competitive edge and reach key operational goals.

Risk Management 95

Risk Management Insurance Risk Testing 95

Cloudera

MAY 4, 2022

AI has the potential to transform operations by improving three fundamental business requirements: process automation, decision-making based on data insights, and customer interaction. Among the benefits of AI-first strategies are: Operational efficiency. Benefits aplenty. AI also enables 24-hour operations with minimum downtime. .

Cost-Benefit 128

Cost-Benefit Internet of Things Insurance Data-driven 128

CIO Business Intelligence

AUGUST 19, 2022

The traditional in-person process of insurance agents meeting with prospective customers to discuss policies, sign paperwork, and load it into the company’s client/server system came to a complete halt. Because we are an insurance company, what we are is a promise on a piece of paper,” says then-CIO Richard Gilbert. “We

Insurance 88

Insurance Digital Transformation Data Processing Machine Learning 88

AWS Big Data

MARCH 14, 2024

For more information, refer to Data protection in Amazon Managed Streaming for Apache Kafka. Kafka topic migration strategy With the MSK cluster setup complete, we performed a data migration of Kafka topics from the old cluster running on Amazon EC2 to the new MSK cluster.

Management 107

Management Insurance Optimization Strategy 107

CIO Business Intelligence

JUNE 17, 2022

Typically, CIOs consider certifications as a means for training up IT staff on vital skills around key initiatives such as cybersecurity, data analytics, AI, or the cloud. IT leaders seeking to advance their skills and careers need to build a strategy aimed at squeezing the maximum value out of what certifications can offer.

Insurance 103

Insurance IT Advertising Data Science 103

CIO Business Intelligence

FEBRUARY 13, 2023

At the same time, they are defunding technologies that no longer contribute to business strategy or growth. Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. This should secure our business strategy for the next five years and longer.”

IT 145

IT Insurance Machine Learning Marketing 145

datapine

OCTOBER 11, 2023

3) Top 15 Warehouse KPIs Examples 4) Warehouse KPI Dashboard Template The use of big data and analytics technologies has become increasingly popular across industries. Every day, more and more businesses realize the value of analyzing their own performance to boost strategies and achieve their goals.

Metrics 217

Metrics KPI Management Cost-Benefit 217

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

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. It is also a case of business survival”.

Analytics 111

Analytics Cost-Benefit Analytics Technologies Big Data 111

CIO Business Intelligence

MARCH 8, 2023

In fact, 95% of CEOs globally already see the need to adopt a digital-first strategy. Firstly, digital businesses embrace a digital-first enterprise strategy led by the CEO and other C-suite executives. Adversalo of Malayan Insurance Co., But what does it mean to be a digital business? Maria Beatriz A.

Enterprise 85

Enterprise Digital Transformation Insurance Strategy 85

CIO Business Intelligence

JUNE 7, 2022

billion in cost savings for the insurance industry as well during the same period. . For banks, brokerages, insurance companies, fintech firms, and other financial services organizations, NLP is increasingly being seen as a solution to too much data and too few employees. Intel® Technologies Move Analytics Forward.

Unstructured Data 81

Unstructured Data Deep Learning Insurance Interactive 81

CIO Business Intelligence

JUNE 13, 2022

Today, most banks, insurance companies, and other kinds of financial services firms have deployed natural language processing (NLP) tools to address some of their customer service needs. billion, and for insurance, the savings will approach $1.3 Intel® Technologies Move Analytics Forward. Just starting out with analytics?

Data Processing 82

Data Processing Deep Learning Insurance Cost-Benefit 82

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

Smart Data Collective

JUNE 23, 2022

Data analytics technology has become a pillar in modern business. A growing number of companies are utilizing data analytics to improve their operating strategies. One of the most important functions that data analytics is helping with is finance. The right data analytics tools can be very valuable.

Analytics 106

Analytics Data mining Finance Insurance 106

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.

Analytics 113

Analytics Big Data Data-driven ROI 113

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

CIO Business Intelligence

AUGUST 29, 2022

As a first step, companies can adopt data analytics to help reduce food or product waste. As a first step, companies can adopt data analytics to help reduce food or product waste. Circular economy: Re-use infrastructure for new technology initiatives instead of retiring equipment.

Enterprise 73

Enterprise Internet of Things Measurement Finance 73

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 114

Software Enterprise Digital Transformation Insurance 114

Cloudera

MARCH 3, 2022

It’s believed the source of the breach was Marriott’s Starwood subsidiary and Marriott might not have done due diligence when merging its newly acquired subsidiary’s data into its own databases. In 2017, Anthem reported a data breach that exposed thousands of its Medicare members. From Bad to Worse.

Data Governance 96

Data Governance Enterprise Data Quality Metadata 96

CIO Business Intelligence

APRIL 6, 2022

For example, on the front end, healthcare organizations can optimize secure access to clinical data to improve the level of care provided and reduce patient wait times. While on the back end, AIOps can facilitate insurance processes, protect patient information, and minimize fraud. Intel® Technologies Move Analytics Forward.

Data mining 72

Data mining Deep Learning Insurance Digital Transformation 72

Cloudera

JANUARY 5, 2023

Recent years have seen organizations generating unprecedented volumes of data as a by-product of their digitalization activities and increasing digital customer touch points. This is especially so in industries like telecom, retail, healthcare, manufacturing, insurance, and financial services.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

MAY 2, 2022

Srinivasan will share Petco’s ongoing data journey at CIO’s Future of Data Summit , taking place virtually May 10-11. Focusing on creating the intelligent organization, the event will gather technology executives to discuss both strategy and concrete implementation tactics. Check out the full summit agenda here.

Advertising 79

Advertising Data Governance Insurance Strategy 79

Smart Data Collective

JULY 16, 2023

We usually talk about the benefits of big data from the perspective of financial institutions such as hedge fund managers, insurance companies and banks. These companies have certainly benefited from big data, which explains why global financial companies spent $10.8 billion on financial analytics last year.

Big Data 77

Big Data Marketing Strategy Insurance 77

CIO Business Intelligence

MARCH 7, 2024

In my recent column, I delved into the challenges enterprises face in integrating AI into the workplace and outlined strategies for CISOs to monitor or control the use of AI effectively. Patricia was previously the CISO at Markel Insurance, Freddie Mac, Symantec, and Unisys, and her insights have always been extremely valuable to her peers.

Digital Transformation 72

Digital Transformation Machine Learning Risk Testing 72

Smart Data Collective

JULY 15, 2021

A number of major financial verticals have become more reliant on AI, including insurance, banking, securities brokers and financial planning services. You should ask yourself what market interests you the most and look into strategies that you can use in order to work towards success. Always do your research before jumping into it.

Machine Learning 119

Machine Learning Cost-Benefit Marketing Finance 119

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 88

Cost-Benefit Insurance Unstructured Data Machine Learning 88

bridgei2i

MARCH 9, 2021

A top AI data company will have clients from all industries. Their AI-powered data solutions can transform the way any business uses its data. For instance, an AI-powered data analytics company can help sellers of consumer goods better understand their customers. on consumer data. Free-Time for Employees.

Technology 52

Technology Unstructured Data Insurance Sales 52