Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. Are you seeing any specific issues around the insurance industry at the moment that should concern CDAOs?

Insurance 150

Insurance Risk IoT Cost-Benefit 150

Cloudera

DECEMBER 11, 2020

A recent McKinsey survey, cited in CRN , shows that worldwide, 58 percent of customer interactions were digital as of July 2020. That compares to only 36 percent of customer interactions as of December 2019, which was before the pandemic impacted business, and only 20 percent in May 2018. Insurance . Data Variety.

Insurance 93

Insurance Digital Transformation Unstructured Data Machine Learning 93

Decision Management Solutions

FEBRUARY 25, 2019

To keep processing costs low, many insurance carriers have a goal to increase the percentage of their claims that can be processed and decisioned with no human decision-making involved. Perhaps surprisingly, there remains a fair amount of human intervention involved in processing insurance claims. Focus on the decisions first.

Insurance 40

Insurance Management Machine Learning Modeling 40

datapine

OCTOBER 11, 2023

A Warehouse KPI is a measurement that helps warehousing managers to track the performance of their inventory management, order fulfillment, picking and packing, transportation, and overall operations. It allows for informed decision-making and efficient risk mitigation. Let’s dive in with the definition. What Is A Warehouse KPI?

Metrics 217

Metrics KPI Management Cost-Benefit 217

CIO Business Intelligence

AUGUST 14, 2023

Typically quicker, micro transformations are more adaptable — and lower risk — than large-scale projects, helping organizations achieve tangible improvements faster. The way people want to interact with the college system has changed drastically since the pandemic.

IT 95

IT Insurance Digital Transformation Broadcasting 95

AWS Big Data

FEBRUARY 1, 2024

Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. Apart from generating regulatory reports, these teams require visibility into the health of the reporting systems.

Data Warehouse 122

Data Warehouse Dashboards Risk Management Risk 122

Smart Data Collective

NOVEMBER 9, 2021

Big Data is the Key to Addressing Driver Safety Risks. They have accumulated a lot of data on their drivers and are using it to help address these kids of risks. Fortunately, the same era of big data technology that brought the devices creating these risks could also bring the solutions to them. What is Distracted Driving?

Big Data 132

Big Data Manufacturing Risk Insurance 132

CIO Business Intelligence

MAY 16, 2023

The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. Information governance enables enterprises to achieve strategic goals, mitigate risk, and reduce costs. and tokenization.

Advertising 102

Advertising Recreation/Entertainment Experimentation Enterprise 102

CIO Business Intelligence

OCTOBER 18, 2023

But if there are any stop signs ahead regarding risks and regulations around generative AI, most enterprise CIOs are blowing past them, with plans to deploy an abundance of gen AI applications within the next two years if not already. CarMax CITO Shamim Mohammed confirms his company was using OpenAI’s GPT-3.x

Risk 141

Risk Manufacturing Enterprise Technology 141

CIO Business Intelligence

JULY 3, 2023

Our work to aggregate and standardize data across many sources into a unified data structure enables us to accurately measure the efficiency and effectiveness of our programs and initiatives on member health outcomes. This includes dynamic planning, hooked and unhooked technology/data, workforce planning, and legal and risk competency.

IT 52

IT Measurement Interactive Insurance 52

AWS Big Data

AUGUST 14, 2023

At the same time, unstructured approaches to data mesh management that don’t have a vision for what types of products should exist and how to ensure they are developed are at high risk of creating the same effect through simple neglect. How do we define “risk” and “value” in the context of data products, and how can we measure this?

Management 76

Management Risk Measurement Optimization 76

FineReport

APRIL 9, 2024

The implementation of robust healthcare data management strategies is imperative to mitigate the risks associated with data breaches and non-compliance. Furthermore, maintaining data security and compliance requires continuous vigilance and proactive measures to safeguard against potential vulnerabilities.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

IBM Big Data Hub

APRIL 18, 2024

Beyond cost savings, organizations seek tangible ways to measure gen AI’s return on investment (ROI), focusing on factors like revenue generation, cost savings, efficiency gains and accuracy improvements, depending on the use case. Audio (56%) : Gen AI call centers with realistic audio assist customers and employees.

Cost-Benefit 97

Cost-Benefit Modeling Manufacturing Interactive 97

bridgei2i

JULY 8, 2020

They discuss the impact of the pandemic on enterprises and the need to adopt parallel windows – a short term window to get an enterprise’s operational system up and running as effectively as possible, and a medium-term outlook to mitigate the supply chain shocks and risks. Tune in, and don’t forget to subscribe!

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

Ontotext

APRIL 3, 2024

So, this is a big driver for the outcome because when you are saving money for the business, you can measure it and see its value. Nimit Mehta : You are talking about the three big ones: cost, revenue, and risk. And, when you get to the top, it’s about risks and existential threats to the business.

Technology 59

Technology Risk Digital Transformation Measurement 59

bridgei2i

JUNE 30, 2020

And the customers are avoiding the risk of exposure. Secondly, brands are also not able to engage with their customers in a meaningful way for various reasons, unavailability of assisted support channels, there’s no face-to-face interactions, the products are unavailable. Melita: Some great ideas Suvodip.

Enterprise 98

Enterprise Technology Digital Transformation Manufacturing 98

CIO Business Intelligence

MAY 1, 2024

And commercial insurance is a vertical Docugami CEO Jean Paoli says has been an early adopter, including statements of value, certificates of insurance, as well as policy documents with renewal dates, penalties, and liabilities. What are you measuring? That’s a lot of money if you want to go across the organization,” she says.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

Ontotext

SEPTEMBER 2, 2020

The risk is that the organization creates a valuable asset with years of expertise and experience that is directly relevant to the organization and that valuable asset can one day cross the street to your competitors. Institutional memory loss creates significant and measurable inefficiencies. The Cost of Memory Loss.

Insurance 72

Insurance Metadata Publishing Unstructured Data 72

Birst BI

OCTOBER 30, 2018

Every day, these companies pose questions such as: Will this new client provide a good return on investment, relative to the potential risk? Is this existing client a termination risk? A well-designed credit scoring algorithm will properly predict both the low- and high-risk customers. Will this next trade return a profit?

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Domino Data Lab

AUGUST 1, 2021

The need for interaction – complex decision making systems often rely on Human–Autonomy Teaming (HAT), where the outcome is produced by joint efforts of one or more humans and one or more autonomous agents. This dataset classifies customers based on a set of attributes into two credit risk groups – good or bad.

Modeling 139

Modeling Deep Learning Machine Learning Knowledge Discovery 139

datapine

OCTOBER 21, 2020

By utilizing key performance indicators in healthcare and healthcare data analytics, prevention is better than cure, and managing to draw a comprehensive picture of a patient will let insurance provide a tailored package. If you put on too many workers, you run the risk of having unnecessary labor costs add up.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

Occam's Razor

FEBRUARY 3, 2014

And yes, finally, there is the problem of measurement. If YouTube is so many things all at one time, and so many brand don't understand what to do on it optimally, how the heck does one go about measuring success? How to measure (success)? Don't talk about how terrible TV is from a measurement perspective.

Marketing 149

Marketing Analytics Advertising Measurement 149

Peter James Thomas

AUGUST 12, 2018

This piece was prompted by both Olaf’s question and a recent article by my friend Neil Raden on his Silicon Angle blog, Performance management: Can you really manage what you measure? It is hard to account for such tweaking in measurement systems. Some relate to inherent issues with what is being measured.

Metrics 49

Metrics Statistics Data Quality Measurement 49

DataRobot

SEPTEMBER 16, 2021

Accurate pricing is essential to protecting an insurance company’s bottom line. Pricing directly impacts the near-term profitability and long-term health of an insurer’s book of business. All features are designed to increase the efficiency and accuracy of insurance loss cost modeling. Loss cost modeling-related features.

Modeling 52

Modeling Insurance Cost-Benefit Machine Learning 52

CIO Business Intelligence

AUGUST 15, 2023

A risk-limiting audit (RLA) is one audit type used for election verification. In increasingly politicized times, easily performing RLAs can provide a measure of confidence to the interested voter that elections are being run properly.” For example, it can learn and use students’ names and provide personalized information.

IT 98

IT Manufacturing IoT Cost-Benefit 98

Occam's Razor

OCTOBER 15, 2012

The cost of failure in the offline world is so high that even when the cost of failure is low (online), they don't want to take the smallest risk. Note: The IAB (Interactive Advertising Bureau) and Google both benefit in their own way from the use of digital platforms. But this is not how many CxOs view things.

Advertising 136

Advertising Marketing Strategy Insurance 136

DataRobot Blog

JULY 21, 2022

Outline clear metrics to measure success. Document assumptions and risks to develop a risk management strategy. Discuss how the stakeholders want to interact with the machine learning model after it is built. dashes and parentheses in telephone numbers) Inconsistent units of measure (e.g., Define project scope.

Machine Learning 98

Machine Learning Metrics Modeling Testing 98

Andrew White

JANUARY 11, 2021

As such banking, finance, insurance and media are good examples of information-based industries compared to manufacturing, retail, and so on. Some data is more a risk than valuable. Risk Management (most likely within context of governance). measuring value, prioritizing (where to start), and data literacy? Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Domino Data Lab

FEBRUARY 4, 2019

Eric’s article describes an approach to process for data science teams in a stark contrast to the risk management practices of Agile process, such as timeboxing. The ability to measure results (risk-reducing evidence). Interactive media plays a much larger role in our work than merely the presentations or blog posts.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

CIO Business Intelligence

MARCH 25, 2022

Policy makers around the world have been recognizing this heightened risk, which has been further amplified by the recent geopolitical tensions. The European Union (EU) has pulled together a proposal for a unified framework to regulate risk management for financial institutions. How regulatory requirements interact.

Finance 95

Finance KPI Risk IoT 95

Cloudera

NOVEMBER 25, 2020

And soon also sensor measures, and possibly video or audio data with the increased use of device technology and telemedicine in medical care. Scale to provide 1,000s of researchers frictionless interaction with data. This data needs to be seamlessly joined in the analytics he wants to provide to the researchers he will support.

Data Warehouse 58

Data Warehouse Unstructured Data Analytics Visualization 58

Sisense

JULY 29, 2021

This data can be used for fuel-consumption calculations and even to reduce insurance rates. Ride Vision is planning its next level of growth by partnering with motorcycle manufacturers as well as resellers and insurers. The virtual platform helps banks expand their services into new regions painlessly and with low risk.

Insurance 52

Insurance Marketing Uncertainty Reporting 52

Alation

MARCH 24, 2022

Both data privacy and data security are critical to mitigate financial, reputational, and compliance risks for enterprises. It is critical that firms view data security as part of governance, risk management, and compliance (GRC). A bank vault has both security and privacy measures in place to protect the contents within.

Data Governance 52

Data Governance Risk Data-driven Measurement 52

CIO Business Intelligence

APRIL 12, 2022

Even though Nvidia’s $40 billion bid to shake up enterprise computing by acquiring chip designer ARM has fallen apart, the merger and acquisition (M&A) boom of 2021 looks set to continue in 2022, perhaps matching the peaks of 2015, according to a report from risk management advisor Willis Towers Watson.

Enterprise 143

Enterprise Technology Consulting Software 143

Alation

AUGUST 26, 2021

Privacy, Risk and Compliance. Finally, data catalogs leverage behavioral metadata to glean insights into how humans interact with data. Similarly, retailers and other less regulated industries are boosting defensive measures to ensure compliance with GDPR and CCPA. Cloud Transformation. Cloud Data Migration. Apply in Iterations.

Metadata 64

Metadata Data Governance Dashboards Software 64

Jet Global

OCTOBER 7, 2021

An accounting Key Performance Indicator (KPI) or metric is an explicitly defined and quantifiable measure that the accounting industry uses to gauge its overall long-term performance. Payment Error Rate – This key performance indicator measures the accuracy of the accounts payable department. What is an Accounting KPI?

Metrics 110

Metrics Reporting KPI Key Performance Indicator 110