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Tips for Successful Data Science Implementation in Insurance

Decision Management Solutions

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.

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Data Analytics is Crucial for Businesses Preparing for Financial Disasters

Smart Data Collective

Data analytics has become a very important aspect of any modern business’s operating strategy. The financial analytics market is projected to be worth $114 billion within the next two years. This is where data analytics technology can become very important. Get the Right Insurance in Place.

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5 Ways CMOs Must Exploit the Benefits of Data Analytics

Smart Data Collective

The market for marketing analytics technology is growing nearly 14% a year. The demand for data analytics technology in the marketing will continue to grow as more executives recognize its benefits. Several ways to implement this strategy include paid advertising, influencer marketing, and content marketing.

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Using Data Analytics to Optimize Your Cash Collection Approach

Smart Data Collective

Data analytics technology has become very important for helping companies manage their financial strategies. Companies are projected to spend nearly $12 billion on financial analytics services by 2028. There are many great benefits of using data analytics to improve financial management strategies.

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Ways Businesses Can Boost Logistics Performance with Analytics

Smart Data Collective

Smart companies realize that analytics technology needs to be at the core of their business models. One of the most important ways that analytics can help companies thrive is by improving their logistics. Analytics Technology Helps Companies Bolster their Logistics Strategies. Vertical integration.

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Analytics Changes the Calculus of Business Tax Compliance

Smart Data Collective

Data analytics technology has had a profound impact on the state of the financial industry. A growing number of financial institutions are using analytics tools to make better investing decisions and insurers are using analytics technology to improve their underwriting processes.

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How To Enhance Your Analytics with Insightful ML Approaches

Smart Data Collective

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.

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