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IoT Adoption in Healthcare Brings Security Opportunities

CIO Business Intelligence

At the end of the day, it’s all about patient outcomes and how to improve the delivery of care, so this kind of IoT adoption in healthcare brings opportunities that can be life-changing, as well as simply being operationally sound. Why Medical IoT Devices Are at Risk There are a number of reasons why medical IoT devices are at risk.

IoT 100
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How Data Analytics Is Changing The Insurance Industry

Smart Data Collective

The insurance industry is based on the idea of managing risk. The journal Risk Management and Insurance Review mentions that historically, in the latter half of the twentieth century, the analysis of trends was the primary driver in determining risk in the insurance business. Advanced Analytical Processes in Insurance.

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The Journey to Understanding your Insurance Customers

Cloudera

Insurance carriers have a unique opportunity: They have access to powerful technologies and a wealth of information that can help them to better understand their customers and provide an enhanced customer experience. . In a March 2021 poll by Celent , “improving customer experience” was identified as the top focus (63%) for insurers.

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Interview with: Sankar Narayanan, Chief Practice Officer at Fractal Analytics

Corinium

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
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IoT: Make Mine a Standard

Cloudera

Standards and architectures are the guidelines that ensure the ability for open source software to integrate, exchange and interact. Defining these is, therefore, a crucial element, and Cloudera is now taking part in just that for the biggest revolution we’ve seen in business and society: the Internet of Things (IoT).

IoT 43
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Improve Underwriting Using Data and Analytics

Cloudera

Insurance carriers are always looking to improve operational efficiency. Combining this data with more classical information such as annual checkups and medical records provides better insight into risks related to health, disability, and life insurance. Cloudera Data Platform (CDP) is such a hybrid data platform.

Analytics 101
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AI-First Benefits: 5 Real-World Outcomes

Cloudera

AI has the potential to transform operations by improving three fundamental business requirements: process automation, decision-making based on data insights, and customer interaction. Insurance and finance companies leverage this speed to review claims, loan requests, and credit checks. Error reduction. Workflow improvement.