CIO Business Intelligence

MAY 28, 2022

As the Boston-based insurance company’s journey to the cloud has unfolded, it has also maintained a select set of datacenters from which to run legacy applications more economically than they would on the cloud, as well as software from vendors that make licensing on the cloud less attractive.

Insurance 145

Insurance Machine Learning Digital Transformation Cost-Benefit 145

CIO Business Intelligence

SEPTEMBER 24, 2024

This is a significant change moment,” says Rich Wiedenbeck, CAIO of Ameritas, an insurance and financial services company headquartered in Lincoln, Nebraska. Organizationally, Wiedenbeck is a member of Ameritas’ AI steering committee, called the “mission team,” which includes the legal and risk officers, along with the CIO.

IT 130

IT Insurance Cost-Benefit Risk 130

Cloudera

APRIL 7, 2021

Insurance carriers have a unique opportunity: They have access to powerful technologies and a wealth of information that can help them to better understand their customers and provide an enhanced customer experience. . In a March 2021 poll by Celent , “improving customer experience” was identified as the top focus (63%) for insurers.

Insurance 59

Insurance Digital Transformation Internet of Things IoT 59

bridgei2i

NOVEMBER 25, 2020

Automated Sales & Underwriting Strategies can Transform Insurance. One of the major repercussions of the COVID-19 pandemic in financial sectors has been the increase in awareness about insurable risks across categories and markets. Images 1: Challenges before insurance industry in the post-Corona world.

Insurance 52

Insurance Sales Strategy Digital Transformation 52

Cloudera

AUGUST 12, 2021

By using Cloudera’s big data platform to harness IoT data in real-time to drive predictive maintenance and improve operational efficiency, the company has realized about US$25 million annually in new profit resulting from better efficiency of working sites. . Risk Management. Conclusion.

Data-driven 111

Data-driven Manufacturing Insurance Risk Management 111

bridgei2i

OCTOBER 7, 2020

Adoption of Automated Sales & Underwriting Strategies can Transform Insurance. The insurance industry—which, in the US alone, stands at $1.2 trillion, is seeing the volume of insurance transactions growing every year. Images 1: Challenges before insurance in the post-Corona world. click here.

Insurance 52

Insurance Sales Strategy Digital Transformation 52

Cloudera

DECEMBER 18, 2018

Defining these is, therefore, a crucial element, and Cloudera is now taking part in just that for the biggest revolution we’ve seen in business and society: the Internet of Things (IoT). Standards for IoT. Architecture for IoT. Connectivity is a pretty well-defined part of the IoT puzzle. Open source for IoT.

IoT 43

IoT Internet of Things Machine Learning Insurance 43

CIO Business Intelligence

MAY 27, 2022

As the Boston-based insurance company’s journey to the cloud has unfolded, it has also maintained a select set of datacenters from which to run legacy applications more economically than they would on the cloud, as well as software from vendors that make licensing on the cloud less attractive.

Insurance 98

Insurance Machine Learning Digital Transformation Cost-Benefit 98

Domino Data Lab

MARCH 11, 2021

Machine learning is used in almost every industry, notably finance , insurance , healthcare , and marketing. H2O is widely used in risk and fraud trend analysis, insurance customer analysis, patient analysis in healthcare, advertising costs and ROI, and customer intelligence. With the release of TensorFlow 2.0,

Machine Learning 143

Machine Learning Deep Learning Insurance Modeling 143

Smart Data Collective

JUNE 30, 2022

The IoT has helped improve logistics , but big data has been even more impactful. To insure against this and other issues, more and more firms are turning to software and communications integration to reduce business-critical risks. You would also discover the big data is at the heart and soul of modern organizational practices.

Analytics 126

Analytics Cost-Benefit Big Data Analytics Technologies 126

CIO Business Intelligence

MARCH 25, 2022

Policy makers around the world have been recognizing this heightened risk, which has been further amplified by the recent geopolitical tensions. The European Union (EU) has pulled together a proposal for a unified framework to regulate risk management for financial institutions. When having to manage corporate risk, simplicity is key.

Finance 98

Finance KPI Risk IoT 98

Jen Stirrup

AUGUST 11, 2022

This strategy could include software from IoT and the Edge right through to the business user. If your organization is in the area of regulatory risk, then supply chain issues in multi-cloud technology estates are becoming more widely discussed in order to reduce risk. He had obviously not read his T&Cs. Dependencies.

Risk 52

Risk Technology Insurance Software 52

Smart Data Collective

NOVEMBER 12, 2021

We talked about the benefits of outsourcing IoT and other data science obligations. While hiring outside your business’s home country does carry some added risk, you can minimize this through research of international hiring guides and investing in partnerships. However, the converse approach can also be useful.

Data-driven 128

Data-driven Cost-Benefit Data mining Big Data 128

Cloudera

JULY 20, 2021

robots), AR/VR in manufacturing (quality), power grid management, automated retail, IoT, Intelligent call centers – all powered by AI – the list of potential use cases is virtually endless. . Risk models for financial institutions and insurers are exponentially more complicated .

Manufacturing 106

Manufacturing Forecasting IoT Insurance 106

CIO Business Intelligence

MARCH 22, 2022

At Fractal, Tiwari will be responsible for the company’s digital transformation and overseeing IT operations, cybersecurity, and risk management. . Jai Menon has joined Skylo, a narrow-band satellite communications provider that targets IoT applications, as CIO. Gururaj Rao moves to Aditya Birla Health Insurance.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

CIO Business Intelligence

AUGUST 15, 2023

A risk-limiting audit (RLA) is one audit type used for election verification. The Behavioral Health Acuity Risk (BHAR) model leverages a machine learning technique called random forests, which can be natively hosted in the electronic health record and updated in near-real time, with results immediately available to clinical staff.

IT 98

IT Manufacturing IoT Cost-Benefit 98

Cloudera

AUGUST 22, 2021

And yet, we are only barely scratching the surface of what we can do with newer spaces like Internet of Things (IoT), 5G and Machine Learning (ML)/Artificial Intelligence (AI) which are enabled by cloud. Cloud-enabled use cases like IoT and ML/AI are being used at scale by customers across APAC. .

Cost-Benefit 105

Cost-Benefit IoT Strategy Digital Transformation 105

CIO Business Intelligence

MARCH 20, 2024

Risk considered in vendor contracts. Cyber insurance. There are also complex ERP and CRM solutions – as well as inputs from OT and IoT systems and devices. Training and awareness. Encryption. Anti-virus. Authentication. Data at rest. Data in motion. Testing vendor solutions. State actors. The attack surface.

IoT 64

IoT Unstructured Data Insurance Data Processing 64

Alation

FEBRUARY 13, 2020

We also have some primary insurance entities in the group, but the main thing about reinsurance is that we’re taking care of the big and complex risks in the world. Andreas Kohlmaier : Data has always been a core thing that our business users have worked with for more than one hundred years to really understand risk.

Data-driven 52

Data-driven Data Lake Enterprise Analytics 52

AWS Big Data

FEBRUARY 21, 2023

Additionally, scalability of the dimensional model is complex and poses a high risk of data integrity issues. Due to the incapability of reporting technologies to perform such data processing, this integration can reduce report performance and increase the risk of errors. What is a hybrid model?

Data Warehouse 95

Data Warehouse Data Lake Cost-Benefit Metadata 95

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. Are you seeing any specific issues around the insurance industry at the moment that should concern CDAOs?

Insurance 150

Insurance Risk IoT Data-driven 150

Smart Data Collective

OCTOBER 31, 2022

As the Internet of Things becomes increasingly instrumental in the workplace, company and consumer data risk grow. HIPAA – The Health Insurance Portability and Accountability Act (enacted in 1996) is a series of regulations for the healthcare industry to ensure that patient data remains private and secure. Diversified Training.

Internet of Things 130

Internet of Things IoT Risk Insurance 130

IBM Big Data Hub

AUGUST 7, 2023

Furthermore, even trusted parties often seek to restrict the power of their privileged users to mitigate the risks associated with mistakes and fraud. Furthermore, Orion can be used for maintaining the authenticity and integrity of evidence collected through insurance claims processes.

Data Governance 62

Data Governance Manufacturing Interactive IoT 62

CIO Business Intelligence

APRIL 23, 2025

In 2025, insurers face a data deluge driven by expanding third-party integrations and partnerships. Specifically, within the insurance industry, where data is the lifeblood of innovation and operational effectiveness, embracing such a transformative approach is essential for staying agile, secure and competitive.

Insurance 109

Insurance Digital Transformation Data Quality Data Lake 109

CIO Business Intelligence

MARCH 25, 2025

It examines rising risks associated with AI, from cybercriminals weaponizing AI to the security implications of recent AI advancements like DeepSeek, while providing best practices for mitigating these risks. Other top contributors include the United Kingdom, Germany, and Japan, each exhibiting different levels of AI/ML activity.

Enterprise 110

Enterprise Insurance Data-driven Manufacturing 110