Barely recovering from the financial crisis and facing disruption from new technology, the insurance industry has to leverage on information outside of their organization to compete in today's economy. With the global economy still struggling to recover from the financial crisis, insurers have been fighting to maintain policy numbers amidst low-interest rates. Life insurance … [Read more...] about How the Insurance Industry Uses Mobility Data?
big data strategy
The Reality Of Working With Data
There is much talk about the commercialization of Big Data. Many understand its benefits, but there is a lack of awareness on how it actually happens. Some organizations join the Big Data game with misconceptions that it is a simple, easy, and quick implementation and have no real strategy in place to derive value from the data. The truth is that there is a disconnect between … [Read more...] about The Reality Of Working With Data
4 Guidelines for Building a Successful Data Catalog
Building a successful and functional data catalog is a time-consuming and tedious task to the uninitiated. While it seems tiresome, you need to understand the benefits of having a centralized data catalog that all of your staff members can access and utilize. It doesn't only lower or eliminate downtime, but keeps everyone up-to-date and informed of any changes and additions in … [Read more...] about 4 Guidelines for Building a Successful Data Catalog
How Big Data Has Shifted Corporate Decision-Making
Why did businesses succeed in the past? A few factors: timing, intuition, know-how, and a little bit of luck. While a lot of these factors still influence corporate success and decision-making today, there are more tools available than ever that are available to help predict success or failure. One of these tools is big data ”which offers solid insights that are often as … [Read more...] about How Big Data Has Shifted Corporate Decision-Making
How to Implement a Successful Big Data and Data Science Strategy
Big Data and Data Science are two of the most exciting areas in the business today. While most of the decision makers understand the true potential of both the fields, companies remain skeptical on how to implement a successful big data strategy for their enterprises. This roadmap can help you in defining and implementing the right big data strategy in your organization. There … [Read more...] about How to Implement a Successful Big Data and Data Science Strategy
