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

Ontotext

JANUARY 29, 2024

These will include developing a better understanding of AI, recognizing the role semantic metadata plays in data fabrics, and the rapid acceleration and adoption of knowledge graphs — which will be driven by large language models (LLMs) and the convergence of labeled property graphs (LPGs) and resource description frameworks (RDFs).

Strategy 52

Strategy Management Metadata Data-driven 52

Data Insight

OCTOBER 27, 2021

Indeed, AI is adding significant value in a range of different industries: Banking & finance: Fraud detection, fast and accurate credit scoring, automated decisioning and data entry. Manufacturing: Forecasting expected demand, process automation, precision cutting, analysis of IoT data.

Machine Learning 52

Machine Learning Insurance Cost-Benefit Unstructured Data 52

CIO Business Intelligence

MAY 24, 2022

However, more than 99 percent of respondents said they would migrate data to the cloud over the next two years. The Internet of Things (IoT) is a huge contributor of data to this growing volume, iotaComm estimates there are 35 billion IoT devices worldwide and that in 2025 all IoT devices combined will generate 79.4

Data-driven 98

Data-driven Data Lake Data Warehouse Cost-Benefit 98

bridgei2i

MAY 7, 2019

The financial industry is undergoing a radical shift that’s being driven by mounting regulation and compliance pressures, changing business models, new competition from FinTechs, and disruptive technologies. For a more detailed outlook on fraud prevention, read our blog on How Analytics Can Protect Insurers from Fraud.

IoT 40

IoT Unstructured Data Finance Data-driven 40

AWS Big Data

FEBRUARY 21, 2023

Data warehouses are mostly built using the dimensional model approach, which has consistently met business needs. Additionally, scalability of the dimensional model is complex and poses a high risk of data integrity issues. What is a dimensional data model?

Data Warehouse 63

Data Warehouse Data Lake Cost-Benefit Modeling 63