bridgei2i

OCTOBER 7, 2020

Adoption of Automated Sales & Underwriting Strategies can Transform Insurance. The insurance industry—which, in the US alone, stands at $1.2 trillion, is seeing the volume of insurance transactions growing every year. Images 1: Challenges before insurance in the post-Corona world. click here.

Insurance 52

Insurance Sales Strategy Digital Transformation 52

Smart Data Collective

JULY 26, 2023

Big data has become an invaluable aspect to most modern businesses. Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, companies with data strategies are far more successful than those without.

Data-driven 74

Data-driven Management Sales Big Data 74

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 Here’s why.

Data-driven 104

Data-driven Cost-Benefit Data mining Big Data 104

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. I expect to see the following data and knowledge management trends emerge in 2024. However, organizations need to be aware that these may be nothing more than bolted-on Band-Aids.

Strategy 52

Strategy Management Metadata Data-driven 52

Cloudera

MARCH 25, 2021

Data privacy is an increasingly complex and contentious topic. The appropriate use of data and transparency to the potential uses of the data are at the center of debate amongst the largest Big Tech companies. . It won’t matter if you can collect social media data or geo location data, images, etc.

Data Strategy 64

Data Strategy Strategy Enterprise Insurance 64

CIO Business Intelligence

OCTOBER 20, 2023

But home and automobile insurance company Allstate is taking a different approach. The result, Jeevanjee says, is a technology-driven business strategy “that’s a very empowering thing.” Allstate expects to be up and running in 10 states this year for automobile policies and 19 states for rental insurance. “We

Digital Transformation 136

Digital Transformation Insurance Recreation/Entertainment Machine Learning 136

Corinium

APRIL 23, 2019

Ahead of the third Chief Data & Analytics Officer (CDAO) Singapore conference, we caught up with Melecio Valerio Jr, Head, Data Strategy and Governance at FWD Life Insurance to discuss the key strategies for managing massive volumes of data, the cornerstones for building a data driven enterprise as well as how to best roll out an enterprise-wide (..)

Enterprise 150

Enterprise Management Insurance Data-driven 150

CIO Business Intelligence

OCTOBER 18, 2023

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. Digitization vs tradition Although the insurance sector has a traditional image, that stopped being the case years ago, says Vaquero.

Digital Transformation 121

Digital Transformation Insurance Interactive Sales 121

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

Smart Data Collective

NOVEMBER 8, 2021

Data analytics has become a very important aspect of any modern business’s operating strategy. One of the most important ways to utilize big data is with financial management. Data-driven financial management is likely more important than ever. Get the Right Insurance in Place.

Data Analytics 122

Data Analytics Insurance Analytics Cost-Benefit 122

Peter James Thomas

MARCH 23, 2020

When I occasionally re-read articles I penned back in 2009 or 210, I’m often struck that – no matter how many things have undeniably changed over the intervening years in the data arena – there are some seemingly eternal verities. My first task was to develop an International Data Strategy.

Data Strategy 89

Data Strategy Strategy Insurance Interactive 89

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. Among the benefits of AI-first strategies are: Operational efficiency. Such human frailties are not an issue for AI-driven systems.

Cost-Benefit 128

Cost-Benefit Internet of Things Insurance Data-driven 128

CIO Business Intelligence

MARCH 12, 2024

Others include preparation for zero-day attacks, almost anything having to do with data stewardship, as well as IT training and social engineering audits. Here are three strategies for getting it done. The average cost of a data breach is $4.64

ROI 122

ROI IT Manufacturing Metrics 122

IBM Big Data Hub

JANUARY 15, 2024

As an insurance company integrating technology into the new development landscape, BoB-Cardif Life Insurance Co., This partnership establishes a benchmark for digital transformation in the insurance industry, promoting innovation and achieving cost efficiency through AI-powered business automation.

Digital Transformation 76

Digital Transformation Insurance Optimization ROI 76

Andrew White

AUGUST 4, 2020

I read the EU Data Strategy some weeks ago. I posted to my blog some comments and challenges I felt it contained back in March: The Value of Data. The biggest challenge of all is that the EU is seeking to create a market for data. There are of course already many markets for data. Is it the lack data?

Data Strategy 52

Data Strategy Strategy Marketing Data Collection 52

CIO Business Intelligence

JUNE 22, 2023

Consulting In the consulting industry, technology has become an important tool for making decisions, designing solutions, improving processes, and providing insights on optimizing business strategy. It’s an industry that handles critical, private, and sensitive data so there’s a consistent demand for cybersecurity and data professionals.

IT 121

IT Insurance Recreation/Entertainment Consulting 121

IBM Big Data Hub

SEPTEMBER 11, 2023

We are in the midst of an AI revolution where organizations are seeking to leverage data for business transformation and harness generative AI and foundation models to boost productivity, innovate, enhance customer experiences, and gain a competitive edge. Watsonx.data on AWS: Imagine having the power of data at your fingertips.

Data-driven 115

Data-driven Insurance Digital Transformation Data Warehouse 115

Smart Data Collective

JULY 11, 2022

We have talked about the benefits of using big data in the marketing profession in the past. CMOs Are Investing in the Benefits of Big Data. The demand for data analytics technology in the marketing will continue to grow as more executives recognize its benefits. Social Media Marketing. Paid social media advertising.

Data Analytics 132

Data Analytics Analytics Advertising Big Data 132

IBM Big Data Hub

NOVEMBER 20, 2023

The “ Cloud Transformation Report ,” a new global survey from the IBM Institute for Business Value (IBV), found that many leading enterprises share a common foundation to digital transformation—a clear hybrid cloud strategy.¹ With the rise of generative AI comes an influx of data.

Digital Transformation 93

Digital Transformation Insurance Enterprise Data-driven 93

AWS Big Data

MARCH 14, 2024

For us, Kafka’s high-performance distributed log system excels in handling massive data streams, making it indispensable for seamless communication. The unwavering reliability of Kafka aligns with our commitment to data integrity. For more information, refer to Data protection in Amazon Managed Streaming for Apache Kafka.

Management 104

Management Insurance Optimization Strategy 104

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. On-prem infrastructure will grow cold — with the exception of storage, Nardecchia says.

IT 145

IT Insurance Machine Learning Marketing 145

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 126

Data Analytics Analytics Advertising Data-driven 126

IBM Big Data Hub

AUGUST 2, 2023

Artificial intelligence (AI) can automate repetitive and time-consuming tasks, allowing HR professionals to focus on other strategies. Moreover, AI-driven HR analytics can also improve decision-making to enhance hiring efficiency and streamline the screening and selection process.

Insurance 67

Insurance Machine Learning Data-driven Strategy 67

CIO Business Intelligence

FEBRUARY 16, 2024

These HCM services include applicant tracking, compensation, talent, and learning management, as well as insurance and retirement services. ADP remains the 500-pound gorilla in payroll and, with its rich data, can literally tell you what’s really moving the economy,” said Pete A.

Digital Transformation 114

Digital Transformation Experimentation Cost-Benefit Machine Learning 114

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

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

Andrew White

OCTOBER 20, 2022

Data & Analytics Strategy 9. Application Data Mgt/ERP Data Governance 7. Analytics/BI/Data Science 6. Becoming Data Driven/Data Literacy 5. AI and ML Strategy and Leverage 2. Data Fabric and/versus Data Mesh 2. Data Mesh (and therefore Data Fabric) 2.

IT 52

IT Insurance Manufacturing Data-driven 52

Smart Data Collective

JANUARY 26, 2022

Last year, we published an article on the ways that big law and big data are intersecting. Usually, the legal space lacked the data to measure appropriately and report its findings. As a result, big law firms have implemented data analytics a top-of-mind priority for in-house attorneys. But what is legal analytics?

Data Analytics 72

Data Analytics Analytics Predictive Analytics Insurance 72

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

Andrew White

OCTOBER 18, 2022

Data & Analytics Strategy 8. Analytics/BI/Data Science 6. Application Data Mgt/ERP Data Governance 5. AI and ML Strategy and Leverage 2. Data Fabric and/versus Data Mesh 2. Becoming Data Driven 1. Data Mesh (and therefore Data Fabric) 1. Insurance 1.

IT 52

IT Insurance Manufacturing Data-driven 52

Rita Sallam

JUNE 2, 2023

Are there mitigation strategies that show reasons for optimism? We explored these questions and more at our Bake-Offs and Show Floor Showdowns at our Data and Analytics Summit in London with 3,700 of our closest D&A friends and family. We did two Bake-Offs at the Gartner Data and Analytics Summit in London last week.

Optimization 52

Optimization Insurance Machine Learning Risk 52

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

CIO Business Intelligence

JANUARY 11, 2023

Responding to both old and new challenges, IT leaders must reassess their business and technology strategies and, when necessary, realign them to address rapidly evolving business and economic concerns. There’s an industry-wide push to reduce technical and data debt and reallocate those resources toward building the future, Conyard says. “CIOs

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

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. However, large financial organizations aren’t the only ones relying on big data technology. Pros of Investing in Stocks.

Analytics 112

Analytics Big Data Data-driven Marketing 112

Cloudera

MARCH 3, 2022

Whether the enterprise uses dozens or hundreds of data sources for multi-function analytics, all organizations can run into data governance issues. Bad data governance practices lead to data breaches, lawsuits, and regulatory fines — and no enterprise is immune. . Everyone Fails Data Governance. In 2019, the U.K.’s

Data Governance 95

Data Governance Enterprise Data Quality Metadata 95

Andrew White

OCTOBER 18, 2022

It turns out that for day 1, the topic for me was pretty much “data (and analytic) governance”. Data and Analytics Strategy 1. Becoming Data Driven 1. Insurance 1. Snr Dir Enterprise Analytics/Data Science 3. Topic s (1-1s and other interactions): D&A Governance and/or MDM 5. Consumer Goods 1.

IT 52

IT Insurance Manufacturing Interactive 52