CIO Business Intelligence

MARCH 19, 2025

In October, Microsoft announced that 100,000 organizations including Standard Bank, Thomson Reuters, Virgin Money, and Zurich Insurance are using Copilot Studio, double the number just months earlier. If a customer asks us to do a transaction or workflow, and Outlook or Word is open, the AI agent can access all the company data, he says.

Software 143

Software Risk Enterprise Cost-Benefit 143

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 96

Insurance Digital Transformation Unstructured Data Risk 96

Smart Data Collective

MAY 23, 2021

AI (Artificial Intelligence) and ML (Machine Learning) will bring improvement in Fintech in 2021 as the accuracy and personalization of payment, lending, and insurance services while also assisting in the discovery of new client pools. Automated Customer Service & Chatbots. A crucial decision is needed in many financial sectors.

Insurance 137

Insurance Machine Learning Cost-Benefit Data-driven 137

Smart Data Collective

JULY 26, 2023

Big data has become an invaluable aspect to most modern businesses. Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, companies with data strategies are far more successful than those without.

Data-driven 97

Data-driven Management Big Data Sales 97

O'Reilly on Data

OCTOBER 11, 2022

Some tasks should not be automated; some tasks could be automated, but the company has insufficient data to do a good job; some tasks can be automated easily, but would benefit from being redesigned first. Some of these data sources will be owned by the pharmacy; others aren’t. Most are subject to privacy regulations.

Data Integration 353

Data Integration Insurance Dashboards Data-driven 353

Cloudera

MAY 4, 2022

The availability and maturity of automated data collection and analysis systems is making it possible for businesses to implement AI across their entire operations to boost efficiency and agility. Such human frailties are not an issue for AI-driven systems. The more efficient you can be, the less time and money you spend on a task.

Internet of Things 130

Internet of Things Cost-Benefit Insurance Data-driven 130

CIO Business Intelligence

JUNE 26, 2023

Transitioning to automated, data-driven processes is the best way for these companies to not only cope with change but also take advantage of it. Consumer banks can use digital interactions to gather more customer data and apply real-time analytics to expand services and speed up processes.

Data-driven 98

Data-driven Insurance Risk Risk Management 98

CIO Business Intelligence

JULY 30, 2024

Many of the AI use cases entrenched in business today use older, more established forms of AI, such as machine learning, or don’t take advantage of the “generative” capabilities of AI to generate text, pictures, and other data. For many enterprises the return on investment for gen AI is elusive , he says.

Insurance 144

Insurance Machine Learning Interactive Finance 144

CIO Business Intelligence

OCTOBER 18, 2023

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. Digitization vs tradition Although the insurance sector has a traditional image, that stopped being the case years ago, says Vaquero.

Insurance 128

Insurance Digital Transformation Interactive Sales 128

Smart Data Collective

NOVEMBER 3, 2021

We have talked extensively about the role of AI in investment management and insurance. In this article, we decided to cover the tendencies in banking loan software in 2022 and give a brief market outlook of AI-driven lending software as a whole. In fact, AI is the basis for the sudden boom in Fintech. Digital banking market.

Software 138

Software Data-driven Interactive Insurance 138

Smart Data Collective

NOVEMBER 17, 2021

Data analytics is becoming a crucial element of many business strategies. They have found that data analytics is a valuable component of marketing campaigns , financial planning objectives, human resource guidelines and much more. However, other professions, such as musicians, are also relying more data analytics technology than ever.

Data Analytics 144

Data Analytics Analytics Advertising Data-driven 144

Cloudera

APRIL 20, 2022

As healthcare providers and insurers /payers worked through mass amounts of new data, our health insurance practice was there to help. One of our insurer customers in Africa collected and analyzed data on our platform to quickly focus on their members that were at a higher risk of serious illness from a COVID infection.

Insurance 101

Insurance Measurement Data Lake Risk 101

CIO Business Intelligence

OCTOBER 25, 2022

Not only are traditional financial services companies using data and technology to change the game, a plethora of “FinTech” startups are using digital products to dislodge traditional players. He shares his insight, expertise, and experiences in helping financial services firm become data-driven. This podcast features Peter Ku.

Insurance 119

Insurance Data Architecture Data-driven Interactive 119

Smart Data Collective

MAY 30, 2019

Big data is changing the direction of customer service. They rely on big data to better serve customers. Namee Jani wrote a fascinating article on chatbots and data analytics last year. She said they are the next big thing in business optimization in her article on Towards Data Science. But how commonly used are chatbots?

Big Data 101

Big Data Machine Learning Insurance Data-driven 101

CIO Business Intelligence

APRIL 15, 2022

In 2017, The Economist declared that data, rather than oil, had become the world’s most valuable resource. Organizations across every industry have been and continue to invest heavily in data and analytics. But like oil, data and analytics have their dark side. Data limitations in Microsoft Excel. 25 and Oct. The culprit?

Analytics 145

Analytics Machine Learning Insurance Testing 145

CIO Business Intelligence

FEBRUARY 3, 2023

Using RPA tools, a company can configure software, or a “robot,” to capture and interpret applications for processing a transaction, manipulating data, triggering responses, and communicating with other digital systems. The ability to suck words and numbers from images are a big help for document-heavy businesses such as insurance or banking.

Data-driven 145

Data-driven Interactive Enterprise Statistics 145

AWS Big Data

JUNE 25, 2024

This post is co-authored by Vijay Gopalakrishnan, Director of Product, Salesforce Data Cloud. In today’s data-driven business landscape, organizations collect a wealth of data across various touch points and unify it in a central data warehouse or a data lake to deliver business insights.

Data Lake 112

Data Lake Cost-Benefit Data-driven Data Warehouse 112

Cloudera

JULY 21, 2021

In the build-up to this year’s Data Impact Awards, we’re looking back at last year’s winners. Last year’s awards saw OVO crowned as Data Champions. OVO – 2020’s Data Champion award winner . And where over 95% of the population find themselves without private insurance.

Insurance 94

Insurance Data-driven Machine Learning Marketing 94

Smart Data Collective

NOVEMBER 9, 2021

The average consumer is unaware of the phenomenal benefits that big data provides. One of the biggest benefits of big data is that it can help improve driver safety. Data analytics technology is becoming more useful when it comes to stopping traffic accidents. Big Data is the Key to Addressing Driver Safety Risks.

Big Data 140

Big Data Manufacturing Risk Insurance 140

Cloudera

JULY 15, 2021

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. ML and AI can react quickly and handle mass amounts of data to give leading indicators.

Risk 100

Risk Optimization Management Insurance 100

IBM Big Data Hub

SEPTEMBER 11, 2023

We are in the midst of an AI revolution where organizations are seeking to leverage data for business transformation and harness generative AI and foundation models to boost productivity, innovate, enhance customer experiences, and gain a competitive edge. Watsonx.data on AWS: Imagine having the power of data at your fingertips.

Data-driven 104

Data-driven Insurance Data Warehouse Digital Transformation 104

CIO Business Intelligence

SEPTEMBER 18, 2024

Your laptop breaks down, you miss a flight, or you need to call an insurance company. On top of that, 38% identified transparency around how AI uses their data as one of the top three concerns customers have today, while 55% strongly agree that data privacy and security are major concerns for customers. We’ve all been there.

Interactive 128

Interactive Cost-Benefit Measurement Testing 128

Smart Data Collective

MAY 11, 2023

The good news is that big data technology is helping banks meet their bottom line. Therefore, it should be no surprise that the market for data analytics is growing at a rate of nearly 23% a year after being worth $744 billion in 2020. Big data can help companies in the financial sector in many ways.

Data mining 116

Data mining Big Data Sales Cost-Benefit 116

bridgei2i

MAY 20, 2020

Tourism and Hospitality are also largely affected, but in FS, insurance, and CPG, the impact is moderate. And since they involve making better decisions using data-driven insights, AI & Analytics led applications are leading the way forward. So how does this data and analytics enable these models? Anushruti: Got it.

Enterprise 98

Enterprise B2B Digital Transformation Insurance 98

AWS Big Data

DECEMBER 4, 2024

In today’s data-driven world , organizations are constantly seeking efficient ways to process and analyze vast amounts of information across data lakes and warehouses. SageMaker Lakehouse gives you the flexibility to access and query your data in-place with all Apache Iceberg compatible tools and engines.

Data Lake 107

Data Lake Metadata Insurance Data-driven 107

IBM Big Data Hub

FEBRUARY 23, 2024

The emergence of NLG has dramatically improved the quality of automated customer service tools, making interactions more pleasant for users, and reducing reliance on human agents for routine inquiries. DL models can improve over time through further training and exposure to more data.

Enterprise 95

Enterprise Interactive Data-driven Key Performance Indicator 95

CIO Business Intelligence

OCTOBER 13, 2022

While pandemic-driven digital transformation has enabled the media and entertainment industry to stream awesome content 24/7 – digital technology is also safeguarding visitors, performing artist, and crew at the Eurovision Song Contest by monitoring their Covid-19 exposure levels in real time. So, how does it work?

Risk 98

Risk Broadcasting Dashboards Recreation/Entertainment 98

Cloudera

JULY 20, 2021

Technology drives the ability to use enterprise data to make choices, decisions and investments – which then produce competitive advantage. Thousands of our customers across all industries are harnessing the power of their data in order to drive insights and innovation. Commodity prices are up and still much higher than normal.

Manufacturing 106

Manufacturing Forecasting IoT Insurance 106

bridgei2i

JUNE 24, 2020

Capturing data about the customer and making these insights available for the customer-facing business functions will become invaluable in the B2B enterprise’s integrated customer engagement drive. My name is Anushruti and I’m part of the CEO’s program office at BRIDGEi2i and the custodian of data around the sales pipeline.

B2B 117

B2B Enterprise Sales Digital Transformation 117

Smart Data Collective

JULY 3, 2023

The National Association of Insurance Commissioners that there will be about 3.5 The Rise of Electric Vehicles The popularity of electric vehicles has soared in recent years, driven by their reduced carbon emissions and cost-effective performance. AI technology has led to some major breakthroughs in our modern lives.

Software 97

Software Manufacturing Recreation/Entertainment Data-driven 97

AWS Big Data

AUGUST 13, 2024

Amazon DataZone has announced a set of new data governance capabilities—domain units and authorization policies—that enable you to create business unit-level or team-level organization and manage policies according to your business needs. Organizations can adopt different approaches when defining and structuring domains and domain units.

Data Governance 110

Data Governance Metadata Enterprise Sales 110

bridgei2i

JULY 8, 2020

And if you’re a banker or an insurer, you’re probably busy figuring out how to measure these risks, mobilize these resources, and fund capital that’s going to provide strong growth. Their head is like can we augment data from other data sources that can give us a glimpse into the future. Tune in for more.

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

CIO Business Intelligence

AUGUST 14, 2023

IT worked with the hospital’s clinic operations group to build “EmmiJourneys,’’ a series of automated scripts that were a blend of engaging and educational content in the form of interactive voice response calls and multimedia videos targeting patients based on their needs.

IT 98

IT Insurance Digital Transformation Broadcasting 98

erwin

FEBRUARY 19, 2021

Metadata management is key to wringing all the value possible from data assets. However, most organizations don’t use all the data at their disposal to reach deeper conclusions about how to drive revenue, achieve regulatory compliance or accomplish other strategic objectives. Quite simply, metadata is data about data.

Metadata 110

Metadata Management Data Quality Cost-Benefit 110

CIO Business Intelligence

SEPTEMBER 11, 2024

As the guardians of enterprise IT, CIOs must understand how digital and data can spur growth, and then relay this insight to the board. Johnson says these interactions lead to new opportunities. Increasingly in our technology-driven world and business landscape, it makes sense to have a leader who’s a technologist by trade.”

Digital Transformation 122

Digital Transformation Technology Insurance Data-driven 122

IBM Big Data Hub

FEBRUARY 13, 2024

The compact design and touch-based interactivity seemed like a leap into the future. Demystifying generative AI At the heart of Generative AI lie massive databases of texts, images, code and other data types. This data is fed into generational models, and there are a few to choose from, each developed to excel at a specific task.

Enterprise 118

Enterprise Testing Modeling Data-driven 118

CIO Business Intelligence

MAY 16, 2023

The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. Big Data collection at scale is increasing across industries, presenting opportunities for companies to develop AI models and leverage insights from that data.

Advertising 105

Advertising Recreation/Entertainment Experimentation Data Collection 105