Data analysts often use the term big data to describe data sets that are too large to store and analyze with traditional methods such as relational database management systems (RDBMS). Big data is greatly affecting the operations of many businesses, including those in the insurance sector. Insurance data can be particularly challenging to use because it comes from many sources … [Read more...] about How Big Data Is Transforming Insurance
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5 Ways How Artificial Intelligence Is Impacting the Automotive Industry
A few decades ago, AI was the stuff of science fiction novels, movies, and television shows. A fantasy. A figment of an overactive imagination. Isaac Asimov. Star Trek. The Terminator. But now? AI is already here or has been for quite some time. It's in your smartphone, intelligent home system, and smart car. Entire cities are embracing Artificial intelligence to handle road … [Read more...] about 5 Ways How Artificial Intelligence Is Impacting the Automotive Industry
Advanced Analytics & AI Summit: BFSI 2019
The Advanced Analytics and AI Summit: BFSI, will be taking place in London on 25th-26th of June 2019. The Summit will bring together Europe's leading data professionals and AI specialists from across the financial services sector to help financial services, banking and insurance leaders identify the projects with the biggest ROI and share their strategies for building the … [Read more...] about Advanced Analytics & AI Summit: BFSI 2019
Digital Transformation in Insurance 2019
Digital Transformation in Insurance: Customer Engagement & Operational Agility 2019 8th-9th of May, London The Digital Transformation in Insurance Conference will be returning for its 5th edition this May to shed insight into the most effective ways of improving customer engagement and increasing operational agility. Split into the two streams, the … [Read more...] about Digital Transformation in Insurance 2019
How Sorting and Structuring Big Data Along With Using AI Applications Help Insurers Facilitate Business Processes
Companies collect an enormous amount of data that emanates from their business operations on a daily basis. The data is held in their databases so that it can be used to create value. It may be stored to facilitate marketing or improve certain areas of the enterprise making operations more efficient. However, even with advanced artificial intelligence and data storage … [Read more...] about How Sorting and Structuring Big Data Along With Using AI Applications Help Insurers Facilitate Business Processes