CIO Business Intelligence

JUNE 7, 2022

It is frequently used for risk analysis. Factor analysis: Factor analysis is a statistical method for taking a massive data set and reducing it to a smaller, more manageable one. Time series analysis: StatisticsSolutions defines time series analysis as “a statistical technique that deals with time series data, or trend analysis.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

CIO Business Intelligence

APRIL 28, 2022

Right from the start, auxmoney leveraged cloud-enabled analytics for its unique risk models and digital processes to further its mission. Particularly in Asia Pacific , revenues for big data and analytics solutions providers hit US$22.6bn in 2020 , with financial services companies ranking among their biggest clients.

Analytics 98

Analytics Insurance Big Data Uncertainty 98

erwin

DECEMBER 9, 2024

And do you have the transparency and data observability built into your data strategy to adequately support the AI teams building them? Will the new creative, diverse and scalable data pipelines you are building also incorporate the AI governance guardrails needed to manage and limit your organizational risk?

Metadata 52

Metadata Data Quality Sales Modeling 52

Octopai

JUNE 26, 2020

Steve, the Head of Business Intelligence at a leading insurance company, pushed back in his office chair and stood up, waving his fists at the screen. We’re dealing with data day in and day out, but if isn’t accurate then it’s all for nothing!” Without metadata, the organization is at risk of making decisions based on the wrong data.”.

Metadata 98

Metadata Data Governance Enterprise Reporting 98

IBM Big Data Hub

OCTOBER 30, 2023

A leading insurance player in Japan leverages this technology to infuse AI into their operations. Real-time analytics on customer data — made possible by DB2’s high-speed processing on AWS — allows the company to offer personalized insurance packages.

Insurance 77

Insurance Data Warehouse Data-driven Unstructured Data 77

erwin

FEBRUARY 19, 2021

Is it sensitive or are there any risks associated with it? Metadata also helps your organization to: Discover data. Identify and interrogate metadata from various data management silos. Harvest data. Automate the collection of metadata from various data management silos and consolidate it into a single source.

Metadata 110

Metadata Management Data Quality Cost-Benefit 110

Smart Data Collective

SEPTEMBER 25, 2019

million penalty for violating the Health Insurance Portability and Accountability Act, more commonly known as HIPAA. However, according to a 2018 North American report published by Shred-It, the majority of business leaders believe data breach risks are higher when people work remotely. It Supports Data Integrity.

Technology 102

Technology Statistics Strategy Insurance 102

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 95

Cost-Benefit Insurance Unstructured Data Consulting 95

CIO Business Intelligence

OCTOBER 13, 2022

Too often IT initiatives are undertaken solely as technical projects, with only loose affiliation with line-of-business stakeholders, ushering in the risk of drifting too far from the overall goals and business objectives of the organization. Align projects with business goals.

ROI 132

ROI IT Sales Consulting 132

Birst BI

OCTOBER 30, 2018

Every day, these companies pose questions such as: Will this new client provide a good return on investment, relative to the potential risk? Is this existing client a termination risk? A well-designed credit scoring algorithm will properly predict both the low- and high-risk customers. Automate the data processing sequence.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

CIO Business Intelligence

NOVEMBER 18, 2022

Physician notes from visits and procedures, test results, and prescriptions are captured and added to the patient’s chart and reviewed by medical coding specialists, who work with tens of thousands of codes used by insurance companies to authorize billing and reimbursement. This is a dynamic view on data that evolves over time,” said Koll.

Insurance 75

Insurance Contextual Data Testing Unstructured Data 75

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. And for data models that can be directly reported, a dimensional model can be developed.

Data Warehouse 93

Data Warehouse Data Lake Cost-Benefit Metadata 93

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. For efficient drug discovery, linked data is key.

Insurance 72

Insurance Metadata Publishing Unstructured Data 72

AWS Big Data

MARCH 27, 2024

Achieving this will also improve general public health through better and more timely interventions, identify health risks through predictive analytics, and accelerate the research and development process.

Data Analytics 119

Data Analytics Analytics Data Warehouse Data Lake 119

BizAcuity

APRIL 1, 2023

Introduction Informatica is a data integration tool based on ETL architecture. It provides data integration software and services for various businesses, industries and government organizations including telecommunication, health care, financial and insurance services. Some of these are listed below.

IT 52

IT Data Warehouse Cost-Benefit Data Integration 52

IBM Big Data Hub

JULY 28, 2023

As an independent software vendor (ISV), we at Primeur embed the Open Liberty Java runtime in our flagship data integration platform, DATA ONE. Primeur and DATA ONE As a smart data integration company, we at Primeur believe in simplification.

Data Integration 55

Data Integration Optimization Software Insurance 55

IBM Big Data Hub

OCTOBER 12, 2023

Accounting for the complexities of the AI lifecycle Unfortunately, typical data storage and data governance tools fall short in the AI arena when it comes to helping an organization perform the tasks that underline efficient and responsible AI lifecycle management.

Cost-Benefit 76

Cost-Benefit Metadata Data Governance Modeling 76

Cloudera

AUGUST 31, 2021

Supports both Data Warehouse Experience & Data Warehouse with Data Hub Clusters on Cloudera Data Platform. Case Study: Accenture’s Experience on Legacy Data Warehouse Migration into Cloudera with a Health Insurance Company . Business Problem & Background. Value Achieved.

Data Warehouse 82

Data Warehouse Cost-Benefit Metadata Data-driven 82

Cloudera

DECEMBER 18, 2018

Gateways handoff to integration hubs that offer two-way communication for device command and control as well as data integration to the third and final element: the data management and analytics platform. Risk and complexity is reduced through simplification of development, deployment, and integration, saving costs.

IoT 43

IoT Internet of Things Machine Learning Insurance 43

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. Mitigate Security Risk. Then, it labels them accordingly.

Data Governance 52

Data Governance Risk Insurance Business Objectives 52

BizAcuity

DECEMBER 28, 2022

Informatica is a data integration tool based on ETL architecture. It provides data integration software and services for various businesses, industries and government organizations including telecommunication, health care, financial and insurance services. SAP certified Data Integration tool.

IT 40

IT Data Warehouse Cost-Benefit Data Integration 40

FineReport

APRIL 9, 2024

Healthcare data governance plays a pivotal role in ensuring the secure handling of patient data while complying with stringent regulations. The implementation of robust healthcare data management strategies is imperative to mitigate the risks associated with data breaches and non-compliance.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

Alation

OCTOBER 28, 2021

Leaders are asking how they might use data to drive smarter decision making to support this new model and improve medical treatments that lead to better outcomes. Yet this is not without risks. General Data Protection Regulation (GDPR ): European Union law protecting data subject privacy.

Data Governance 52

Data Governance Measurement Data Quality Metrics 52

CIO Business Intelligence

AUGUST 7, 2024

It automated and streamlined complex workflows, thereby reducing the risk of errors and enabling analysts to concentrate on more strategic tasks. Coleman says it plans to implement this system at all of its data centers. The company handles 700-plus claims annually, and it relies on insurance to mitigate financial risks.

IT 119

IT Insurance Cost-Benefit Testing 119

CIO Business Intelligence

FEBRUARY 16, 2024

Furthermore, CIOs will need to partner with large language model (LLM) developers to fine-tune GenAI algorithms based on the business use and the ease with which these models can be integrated with their existing data layer fabric.

Strategy 138

Strategy Insurance Digital Transformation Enterprise 138

erwin

MAY 2, 2022

While talking to the business people about the business requirements, entities tend to be the plural nouns that they mention: insureds, beneficiaries, policies, terms, etc. Look again at Figure 7, what is the difference between an insured and a beneficiary? This data duplication can lead to inaccurate data, which no business wants.

Modeling 98

Modeling Insurance Cost-Benefit Data Warehouse 98

IBM Big Data Hub

AUGUST 7, 2023

Transparency throughout the data lifecycle and the ability to demonstrate data integrity and consistency are critical factors for improvement. Ensuring the authenticity of data is crucial in preventing potential disputes over authorship in multi-party interactions.

Data Governance 62

Data Governance Manufacturing Interactive IoT 62

Jet Global

JUNE 17, 2021

Managing Data Integrity. Before rolling the new process out, the company needed to address data integrity, a normal stage in any new software implementation project. Following the data integrity phase, the company focused on setting up the correct processes and on rightsizing the project.

Risk 98

Risk Recreation/Entertainment Forecasting Manufacturing 98

Jet Global

JUNE 5, 2023

Centralized Data Creates Confidence in Compliance Tax departments of multinational financial services companies are typically decentralized and delivered in-country with limited direction from the group head office, which will normally establish local parameters and expectations. Cookies are required to submit forms on this website.

Insurance 52

Insurance Finance Forecasting Reporting 52

Jet Global

FEBRUARY 9, 2022

What can hold you back from working smarter is the fear of integrating better tools that, although promise improvements, run the risk of throwing off your whole process. The EBS Interface understand your ERP schema and maps this data in Bizview, saving you time, reducing complexity, and de-risking the implementation process.

Forecasting 52

Forecasting Recreation/Entertainment Reporting Software 52

Jet Global

JULY 14, 2022

But you can mitigate risks of business cash flow problems by having the right tools at your side. Poor cash flow can prevent your company from being agile, which can hinder your opportunities to make investments, buy a competitor, or avoid risks. It allows a business to control the risk of not being paid on time or at all.

Finance 52

Finance Cost-Benefit Measurement Sales 52

Jet Global

MAY 25, 2023

We were delighted to be joined by our client, Savings Bank Life Insurance (SBLI), to discuss the evolution of The Office of the CFO and how technology can support better decision making. insightsoftware provides several software solutions that decrease risk and increase efficiency in your financial and operational reporting.

Finance 52

Finance Technology Reporting Metrics 52

Jet Global

FEBRUARY 2, 2023

Top KPIs for construction, engineering, and subcontractors include: Safety Keeping a safe site ensures employees work in an environment with less risk while saving your business time and money. Safety incidents lead to mounting costs, including increased insurance payments and settlements.

Uncertainty 52

Uncertainty KPI Reporting Measurement 52

Data Virtualization

FEBRUARY 24, 2025

Reading Time: 2 minutes In the intricate world of insurance, the relationship between underwriters and brokers is pivotal. Brokers serve as trusted advisors, connecting clients to the best-fit policies, while underwriters assess risks and ensure the financial viability of coverage.

Insurance 59

Insurance Data Integration Risk Management 59

Data Virtualization

MARCH 20, 2025

Reading Time: 4 minutes Insurance CIOs stand at a pivotal crossroads. Insurance data is vast, complex, and deeply intertwined with risk. This makes it both a prime candidate for AI transformation and a cautionary tale of regulatory, ethical, and operational challenges. Generative AI (GenAI).

Insurance 52

Insurance Strategy Data-driven Data Integration 52

CIO Business Intelligence

FEBRUARY 13, 2025

Without robust security and governance frameworks, unsecured AI systems can erode stakeholder trust, disrupt operations and expose businesses to compliance and reputational risks. The risks of unsecured AI Unlike traditional IT systems, AI is uniquely susceptible to novel attack vectors such as: Adversarial attacks. Holistic approach.

Risk 116

Risk Data-driven Finance Risk Management 116

CIO Business Intelligence

FEBRUARY 12, 2025

This vault stores an immutable copy of data thats isolated from other copies. This further reduces your risk in the event of a destructive cyber-attack. Cohesitys multi-cloud data management platform enables organizations to achieve significant improvements across all five Ss.

Enterprise 76

Enterprise Management Data-driven Insurance 76