IBM Big Data Hub

DECEMBER 1, 2023

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

Insurance 111

Insurance Digital Transformation Unstructured Data Risk 111

Alation

FEBRUARY 13, 2020

At some level, every enterprise is struggling to connect data to decision-making. In The Forrester Wave: Machine Learning Data Catalogs, 36% to 38% of global data and analytics decision makers reported that their structured, semi-structured, and unstructured data each totaled 1,000 TB or more in 2017, up from only 10% to 14% in 2016.

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

bridgei2i

FEBRUARY 24, 2021

In this rapidly transforming digital landscape, we’re all experiencing a dramatic shift in the business scenarios, consisting of complex business hierarchies, multitudes of data flowing from all directions and time-consuming insights. So Sunil over two decades in HR strategy and industrial transformation. Monica: Thank you.

Cost-Benefit 92

Cost-Benefit Recreation/Entertainment Digital Transformation Scorecard 92

Cloudera

FEBRUARY 15, 2024

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk.

Insurance 86

Insurance Data Architecture Risk Management Risk 86

IBM Big Data Hub

NOVEMBER 10, 2023

The rule laid out an interoperability journey that supports seamless data exchange between payers and providers alike — enabling future functionalities and technically incremental use cases. These requirements enable the exchange of important data between healthcare payers and providers.

Cost-Benefit 108

Cost-Benefit Insurance Consulting Unstructured Data 108

O'Reilly on Data

SEPTEMBER 19, 2023

While data scientists were no longer handling Hadoop-sized workloads, they were trying to build predictive models on a different kind of “large” dataset: so-called “unstructured data.” “Here’s our risk model. A single document may represent thousands of features.

Machine Learning 247

Machine Learning Testing Modeling Cost-Benefit 247

CIO Business Intelligence

NOVEMBER 18, 2022

The cloud-based version of the platform has helped 3M HIS and its clients address three primary challenges: a disjointed patient care journey; the byzantine processes that often inhibit timely and accurate billing, reimbursement, and other record-keeping; and the ongoing need to protect and properly use patient data.

Insurance 76

Insurance Contextual Data Testing Unstructured Data 76

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. There must be a strategy and a practice for preserving the knowledge, to create institutional memory.

Insurance 72

Insurance Metadata Publishing Unstructured Data 72

Cloudera

NOVEMBER 25, 2020

Sample and treatment history data is mostly structured, using analytics engines that use well-known, standard SQL. Interview notes, patient information, and treatment history is a mixed set of semi-structured and unstructured data, often only accessed using proprietary, or less known, techniques and languages.

Data Warehouse 58

Data Warehouse Unstructured Data Analytics Visualization 58

AWS Big Data

FEBRUARY 21, 2023

Loading complex multi-point datasets into a dimensional model, identifying issues, and validating data integrity of the aggregated and merged data points are the biggest challenges that clinical quality management systems face. Additionally, scalability of the dimensional model is complex and poses a high risk of data integrity issues.

Data Warehouse 65

Data Warehouse Data Lake Cost-Benefit Modeling 65

Sisense

MAY 4, 2020

In his article in Forbes , he discussed how some of the biggest names in global business — Nike, Burger King, and McDonald’s — and progressive newer entrants to huge sectors like insurance, are embracing data and analytics technology as a platform on which to build their competitive advantages. Organizations must adapt or die.

Big Data 78

Big Data Data-driven Snapshot Unstructured Data 78

CIO Business Intelligence

AUGUST 1, 2023

As many CIOs prepare their 2024 budgets and digital transformation priorities, developing a strategy that seeks opportunities to evolve business models, targets near-term operational impacts, prioritizes where employees should experiment, and defines AI-related risk-mitigating plans is imperative.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Experimentation 98

Alation

FEBRUARY 10, 2022

Data classification is necessary for leveraging data effectively and efficiently. Effective data classification helps mitigate risk, maintain governance and compliance, improve efficiencies, and help businesses understand and better use data. and “What data can be migrated to the cloud?”

Data Governance 52

Data Governance Risk Insurance Strategy 52