CIO Business Intelligence

JULY 24, 2024

Meanwhile, efforts to re-engineer these models to perform specific tasks with retrieval augmented generation (RAG) frameworks or customized small language models can quickly add complexity, significant cost, and maintenance overhead to the AI initiative. The first step is building a new data pre-processing pipeline suitable for LLMs.

Modeling 75

Modeling Insurance Cost-Benefit Unstructured Data 75

Smart Data Collective

FEBRUARY 2, 2021

Consumers are generating huge amounts of data at a rapid rate, and it is estimated that up to 90% of all data was generated only in the past two years. In general, Big Data can help businesses in all fields – it’s not something reserved for tech companies. The post What Are the Industries That Benefit Most from Big Data?

Big Data 106

Big Data Recreation/Entertainment Cost-Benefit Finance 106

IBM Big Data Hub

NOVEMBER 10, 2023

Behind the scenes, a complex net of information about health records, benefits, coverage, eligibility, authorization and other aspects play a crucial role in the type of medical treatment patients will receive and how much they will have to spend on prescription drugs.

Cost-Benefit 95

Cost-Benefit Insurance Unstructured Data Consulting 95

CIO Business Intelligence

AUGUST 21, 2024

The previous state-of-the-art sensors cost tens of thousands of dollars, adds Mattmann, who’s now the chief data and AI officer at UCLA. Insurance company Aflac is one company making sure this is the case to maintain human oversight over the AI, instead of letting it act completely autonomously.

Risk 136

Risk Insurance Cost-Benefit Software 136

bridgei2i

FEBRUARY 24, 2021

In our latest episode of the AI to Impact podcast, host Monica Gupta – Manager of AI Actions, meets with Sunil Mudgal – Advisor, Talent Analytics, BRIDGEi2i, to discuss the benefits of adopting AI-powered surveillance systems in HR organizations. Many organizations today are dealing with large amounts of structured and unstructured data.

Cost-Benefit 92

Cost-Benefit Recreation/Entertainment Digital Transformation Scorecard 92

CIO Business Intelligence

MARCH 27, 2023

Eighty-four percent of respondents were immersed in basic functional tasks such as security management (47%), improving IT operations and systems performance (40%), and cost control and expense management (28%). At The Hartford Insurance Co., Deepa Soni, CIO, The Hartford Insurance Co. The Hartford Insurance Co.

Strategy 109

Strategy Digital Transformation Insurance Technology 109

IBM Big Data Hub

FEBRUARY 2, 2023

The rise of cloud has allowed data warehouses to provide new capabilities such as cost-effective data storage at petabyte scale, highly scalable compute and storage, pay-as-you-go pricing and fully managed service delivery. However, a more detailed analysis is needed to make an informed decision.

Data Warehouse 56

Data Warehouse Cost-Benefit Unstructured Data Data Architecture 56

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

Data Insight

OCTOBER 27, 2021

However, the amount of data generated these days by both machines and humans far exceeds humans’ ability to process, interpret and utilise it effectively. Our brains simply cannot absorb data at the scale it is now being produced and captured. The benefits of AI for businesses.

Machine Learning 52

Machine Learning Insurance Cost-Benefit Unstructured Data 52

AWS Big Data

FEBRUARY 21, 2023

Regardless of the division or use case it is related to, dimensional data models can be used to store data obtained from tracking various processes like patient encounters, provider practice metrics, aftercare surveys, and more. They often negate many benefits of data vaults, and require more business logic, which can be avoided.

Data Warehouse 71

Data Warehouse Data Lake Cost-Benefit Metadata 71

IBM Big Data Hub

FEBRUARY 14, 2024

Technical AI use cases Speed operations with AIOps There are many benefits to using artificial intelligence for IT operations (AIOps). More benefits from AI include building a more sustainable IT system and improving the continuous integration/continuous (CI/CD) delivery pipelines.

Cost-Benefit 82

Cost-Benefit Insurance Machine Learning Unstructured Data 82

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

MAY 24, 2022

The second will focus on the growth in volume and type of data required to be stored and managed, and the ways in which value can be extracted from data. The third will examine the challenges of realising that value, the attributes of a successful data-driven organisation, and the benefits that can be gained. Insurance.

Data-driven 98

Data-driven Data Lake Data Warehouse Machine Learning 98

Cloudera

OCTOBER 21, 2020

The Insurance industry is in uncharted waters and COVID-19 has taken us where no algorithm has gone before. Today’s models, norms, and averages are being re-written on the fly, with insurers forced to cope with the inevitable conflict between old standards and the new normal. . Insurers are thinking on their feet.

Insurance 72

Insurance Unstructured Data Digital Transformation Cost-Benefit 72

CIO Business Intelligence

JANUARY 29, 2025

The insurance industry has been one of the first industries to fully embrace AI and quickly start finding ways to capitalize on its ability to parse vast databases of structured and unstructured data to surface meaningful information. But it is happening.

Insurance 52

Insurance Unstructured Data Cost-Benefit Interactive 52

CIO Business Intelligence

MARCH 11, 2025

If a cost/benefit analysis shows that agentic AI will provide whats missing in current processes, and deliver a return on investment (ROI), then a company should move ahead with the necessary resources, including money, people, and time. The agent acts as a bridge across teams to ensure smoother workflows and decision-making, she says.

Consulting 127

Consulting Cost-Benefit Interactive ROI 127