Birst BI

OCTOBER 30, 2018

Fortunately, advances in analytic technology have made the ability to see reliably into the future a reality. An analytics alternative that goes beyond descriptive analytics is called “Predictive Analytics.”. Predictive Analytics: Predicting Future Outcomes.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Smart Data Collective

AUGUST 29, 2022

Did you know that 53% of companies use data analytics technology ? Machine Learning Helps Companies Get More Value Out of Analytics. There are a lot of benefits of using analytics to help run a business. You will get even more value out of analytics if you leverage machine learning at the same time.

Analytics 132

Analytics Predictive Analytics Machine Learning Insurance 132

Decision Management Solutions

MARCH 25, 2019

Nancy Casbarro and Deb Zawisa of Novarico recently published a new paper on Data Science in Insurance: Expansion and Key Issues subscription required) that was summarized in this nice little article on Dig-in 3 challenges facing insurers in data science implementation. 1 – Getting business buy-in.

Insurance 75

Insurance Data Science Testing Modeling 75

Smart Data Collective

JANUARY 26, 2022

Legal analytics is an evolving discipline that is changing the future of the legal profession. Law firms are expected to spend over $9 billion on legal analytics technology by 2028. But what is legal analytics? We have had time to observe some major developments of legal analytics over the last year.

Data Analytics 103

Data Analytics Analytics Predictive Analytics Insurance 103

Smart Data Collective

MAY 21, 2019

There are several ways that predictive analytics is helping organizations prepare for these challenges: Predictive analytics models are helping organizations develop risk scoring algorithms. Insurance providers might require them to have adequate safeguards to get compensated for any damages.

Big Data 101

Big Data Cost-Benefit Predictive Analytics Insurance 101

Smart Data Collective

JANUARY 10, 2023

Data analytics technology has led to a number of impressive changes in the financial industry. A growing number of financial professionals are investing in data analytics technology to provide better service to their customers. Other forms of financial advisement could involve insurance, money management, or banking.

Finance 122

Finance Data Analytics Analytics Big Data 122

Smart Data Collective

JANUARY 12, 2022

Personal loans, business loans, credit cards, and insurance premiums all have a dependence on your credit score. Data analytics tools can help you figure out how to improve your credit score. Data analytics technology can also help you understand the best approaches to create an emergency fund.

Data Analytics 131

Data Analytics Analytics Finance Data mining 131