CIO Business Intelligence

JUNE 7, 2022

It can be used to reveal structures in data — insurance firms might use cluster analysis to investigate why certain locations are associated with particular insurance claims, for instance. Generally, the output of data analytics are reports and visualizations. Data analytics and data science are closely related.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

Smart Data Collective

NOVEMBER 1, 2020

The clustering process can be divided into the following stages: Selecting objects for clustering; Determining the set of variables; Calculating the similarity measure values between objects; Grouping similar objects into clusters; Presenting results. As a visualization tool – PCA is great at showing a bird’s view of the process.

Machine Learning 145

Machine Learning Data mining Visualization Statistics 145

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

CIO Business Intelligence

OCTOBER 13, 2022

Richard van Vught, head of Security at the Eurovision Song Contest in Rotterdam, says the solution, “brings insight and peace of mind, with or without ever-changing [Covid safety] measures.” Flockey provides his team with a dashboard for real-time visualization of crowd movement and risks. So, how does it work?

Risk 98

Risk Broadcasting Recreation/Entertainment Dashboards 98

Octopai

JULY 9, 2020

As a core principle of data management, all BI & Analytics teams engage with data lineage at some point to be able to visualize and understand how the data they process moves around throughout the various systems that make up their data environment. They then relayed that information to insurance companies.

Insurance 98

Insurance Risk Management Machine Learning Metadata 98

datapine

MAY 31, 2022

Be it in the form of online BI tools , or an online data visualization system, a company must address where and how to store its data. That’s why it is important to implement a secure BI cloud tool that can leverage proper security measures. Cost management and containment. For the most part, modern computing can save businesses money.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

Cloudera

FEBRUARY 15, 2024

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk.

Insurance 88

Insurance Data Architecture Risk Management Risk 88

CIO Business Intelligence

AUGUST 21, 2024

It wasn’t just a single measurement of particulates,” says Chris Mattmann, NASA JPL’s former chief technology and innovation officer. “It It was many measurements the agents collectively decided was either too many contaminants or not.” They also had extreme measurement sensitivity. That’s the most difficult thing,” he says.

Risk 136

Risk Insurance Cost-Benefit Software 136

Smart Data Collective

JANUARY 26, 2022

Usually, the legal space lacked the data to measure appropriately and report its findings. Data visualization methods, such as graphs and charts, reveal trends and insights in an instant. Improved Insurance Claim Processing. That’s a great challenger for insurance agencies.

Data Analytics 103

Data Analytics Analytics Predictive Analytics Insurance 103

Decision Management Solutions

FEBRUARY 25, 2019

To keep processing costs low, many insurance carriers have a goal to increase the percentage of their claims that can be processed and decisioned with no human decision-making involved. Perhaps surprisingly, there remains a fair amount of human intervention involved in processing insurance claims. Focus on the decisions first.

Insurance 40

Insurance Management Machine Learning Predictive Analytics 40

FineReport

JULY 21, 2021

Organizations of all sizes and stages can use BI software to analyze, manage, and visualize business data. Performance is measure by a set of KPIs. Based on business data, BI visualizes business problems through graphics and models. Insurance Dashboard(by FineReport). The Use of BI in the Enterprise. Track performance.

Business Intelligence 98

Business Intelligence Enterprise Dashboards Sales 98

Decision Management Solutions

NOVEMBER 13, 2018

80% of data and analytics leaders with global life insurance and property & casualty carriers surveyed by McKinsey reported that their analytics investments are not delivering high impact. Begin with an agile analytic deployment platform, not with visualization. What’s stopping them from delivering high impact?

Insurance 40

Insurance Analytics Modeling Visualization 40

AWS Big Data

JUNE 6, 2023

For example, medical researchers found that across 79,000 emergency department encounters of pediatric patients in a hospital, incorrect or missing patient weight measurements led to medication dosing errors in 34% of cases. They have to repeat these processes across thousands of datasets and the hundreds of data pipelines populating them.

Data Quality 98

Data Quality Statistics Data Lake Visualization 98

CIO Business Intelligence

AUGUST 14, 2023

And when performed strategically in succession as Mahon has done at Werner, such quick wins can lead to much larger business transformation over time — with less big-bang disruption and change management thanks to measurable proof of enhancement along the way.

IT 98

IT Insurance Digital Transformation Broadcasting 98

DataRobot Blog

JULY 21, 2022

If there is no forward-looking predictive component to the use case, it can probably be addressed with analytics and visualizations applied to historical data. Outline clear metrics to measure success. dashes and parentheses in telephone numbers) Inconsistent units of measure (e.g., Not every project needs machine learning.

Machine Learning 98

Machine Learning Metrics Modeling Testing 98

Occam's Razor

JULY 15, 2014

Allow me to visualize the problem above, and leverage that visualization to present the solution. As you might have guessed, you are at the very right of the above visual, with most access to data, the ability to analyze it ( inshallah! ) Notice that both visuals are a continuum. The Solution: Text (Wisdom).

Dashboards 160

Dashboards Key Performance Indicator Snapshot Slice and Dice 160

Jet Global

DECEMBER 9, 2020

When a cash crunch hits, the business managers who have optimized working capital will be better positioned to survive the crisis without resorting to costly financing, liquidating assets at the wrong time, or other desperate measures. Insurance and excise taxes may reduce as inventory levels decline.

Reporting 81

Reporting Finance Sales Measurement 81

AWS Big Data

JULY 8, 2024

To use this data, EchoStar needed to visualize it, perform spatial analysis, join it with third-party data sources, develop end-user applications, and use the insights to make near real-time improvements to their terrestrial 5G network. This resulted in an average total data volume of 10 TB per day.

Data Warehouse 133

Data Warehouse IT Recreation/Entertainment Cost-Benefit 133

datapine

AUGUST 20, 2019

Consumer data: Data transmitted by customers including, banking records, banking data, stock market transactions, employee benefits, insurance claims, etc. Here are the four parameters of Big data: Volume: Volume is the size of data, measured in GB, TB and Exabytes. Conventional methods fail to tackle such large volume data.

Big Data 100

Big Data B2B Cost-Benefit Structured Data 100

Octopai

APRIL 4, 2022

Complex Times Call for Complex Measures . Data is often analyzed or reported on in medical research papers, insurance claim reports or drug development updates. Just look at the visual map tracing the data point in question back through your systems to its source, along with all the transformations it underwent along the way.

Metadata 98

Metadata Reporting Visualization Insurance 98

Octopai

DECEMBER 11, 2022

Insurance companies misvalued or misreported on insurance contracts (which, to be fair, are notoriously hard to compare with precision). Automated data lineage enables you to visually trace the entire path of any data point from origin to destination. Data lineage and insurance data compliance. Enter: BCBS 239!

Insurance 52

Insurance Risk Metadata Reporting 52

Sisense

DECEMBER 11, 2019

The challenge is to do it right, and a crucial way to achieve it is with decisions based on data and analysis that drive measurable business results. He outlined how critical measurable results are to help VCs make major investment decisions — metrics such as revenue, net vs gross earnings, sales , costs and projections, and more.

Data Lake 80

Data Lake Big Data Sales Data-driven 80

AWS Big Data

MARCH 7, 2023

It covers how to use a conceptual, logical architecture for some of the most popular gaming industry use cases like event analysis, in-game purchase recommendations, measuring player satisfaction, telemetry data analysis, and more. It enables you to create interactive dashboards, visualizations, and advanced analytics with ML insights.

Analytics 97

Analytics Data Warehouse Data Lake Metadata 97

Depict Data Studio

APRIL 16, 2019

The first of two data visualization workshops with @AnnKEmery is underway! And learning how we learn–the courses on cognition, memory, perception, and brain biology–are critical in my everyday work as a data visualization designer and speaker. I left those research labs and found a consulting job with health insurance.

Visualization 56

Visualization Reporting Statistics Dashboards 56

Birst BI

OCTOBER 30, 2018

The output of these algorithms, when used in financial services, can be anything from a customer behavior score to a prediction of future trading trends, to flagging a fraudulent insurance claim. Once an accurate predictor of future behavior is identified, integrate the scoring measures directly into the data model.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

AWS Big Data

JULY 25, 2023

Redshift Serverless measures data warehouse capacity in Redshift Processing Units (RPUs), and you can configure base RPUs anywhere between 8–512. This gives a visual representation of peaks and lows in your consumption over your chosen period of time. You can start with your preferred RPU capacity or defaults and adjust anytime later.

Metrics 98

Metrics Data Warehouse Dashboards Snapshot 98

CIO Business Intelligence

AUGUST 15, 2023

In increasingly politicized times, easily performing RLAs can provide a measure of confidence to the interested voter that elections are being run properly.” Manufacturing team members can see the geolocation of any part, tool, equipment, or vehicle with a visual representation of its coordinate in 3D space.

IT 98

IT Manufacturing IoT Cost-Benefit 98

FineReport

APRIL 9, 2024

Furthermore, maintaining data security and compliance requires continuous vigilance and proactive measures to safeguard against potential vulnerabilities. The visual representation of data enables healthcare professionals to identify trends, patterns, and anomalies at a glance, facilitating rapid decision-making based on critical information.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

IBM Big Data Hub

OCTOBER 12, 2023

They’re built on machine learning algorithms that create outputs based on an organization’s data or other third-party big data sources.

Cost-Benefit 76

Cost-Benefit Metadata Data Governance Modeling 76

IBM Big Data Hub

JUNE 15, 2023

Examples of non-fixed assets include office supplies, computers, audio-visual equipment and office furniture. Proactive issue resolution: In the Internet of Things (IoT) era, everything from a single valve to a thousand-mile pipeline can be connected to sensors that deliver real-time data on their condition and measure depreciation over time.

Management 67

Management Broadcasting Cost-Benefit IoT 67

Cloudera

NOVEMBER 25, 2020

And soon also sensor measures, and possibly video or audio data with the increased use of device technology and telemedicine in medical care. An integrated, out of the box visualization and dashboard service that is integrated across multiple compute options, to expedite cross-organization collaboration with a consistent visual language.

Data Warehouse 59

Data Warehouse Unstructured Data Analytics Visualization 59

Domino Data Lab

JUNE 2, 2019

Her talk addressed career paths for people in data science going into specialized roles, such as data visualization engineers, algorithm engineers, and so on. The most poignant for me was a simple approach for measuring noise within an organization. Measure how these decisions vary across your population.

Data Science 110

Data Science Data-driven Machine Learning Modeling 110

Domino Data Lab

AUGUST 20, 2019

Another example is the use of body mass index (BMI) by medical providers and insurance companies. While it has limitations, BMI is quickly calculated from body weight and height and serves as a surrogate for a characteristic that is very hard to accurately measure: proportion of lean body mass. I don’t have a but here. fit_transform?

Testing 68

Testing Modeling Interactive Measurement 68

IBM Big Data Hub

APRIL 18, 2024

Beyond cost savings, organizations seek tangible ways to measure gen AI’s return on investment (ROI), focusing on factors like revenue generation, cost savings, efficiency gains and accuracy improvements, depending on the use case. Audio (56%) : Gen AI call centers with realistic audio assist customers and employees.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

Smarten

JULY 10, 2018

Use Case(s): Measure the impact of product price on product sales, measure the impact of temperature on crop yield an more. Input data: Last six months daily viewer count data, insurance claim manager can forecast policy sales for next month based on past 12 months data and more.

Analytics 40

Analytics Forecasting Statistics Sales 40

Alation

AUGUST 26, 2021

BI leverages and synthesizes data from analytics, data mining, and visualization tools to deliver quick snapshots of business health to key stakeholders, and empower those people to make better choices. Similarly, retailers and other less regulated industries are boosting defensive measures to ensure compliance with GDPR and CCPA.

Metadata 64

Metadata Data Governance Dashboards Software 64

bridgei2i

OCTOBER 20, 2021

This is in industries such as financial services and insurance, consumer packaged goods and the manufacturing industry as well. Slowly and gradually, the industry trend shifted to the online sensors where you don’t have to run around just for the measurement.

Manufacturing 98

Manufacturing Enterprise IoT Technology 98