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What is data analytics? Analyzing and managing data for decisions

CIO

What is data analytics? Data analytics is a discipline focused on extracting insights from data. It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. What are the four types of data analytics?

Analytics 338
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Cowbell raises $100M to build out its AI-based cyber insurance platform for SMBs

TechCrunch

Cybercrime is on the rise, and today an insurance startup that’s built an artificial intelligence-based platform to help manage the risks from that is announcing a big round of funding to meet the opportunity. “Underwriting cyber insurance for SMEs is a more dire prospect than for large enterprises,” he said. .

Insurance 260
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Business intelligence and analytics firm Pyramid Analytics raises $100M

TechCrunch

Business intelligence is an increasingly well-funded category in the software-as-a-service market. By handling large amounts of data to analyze and benchmark lines of business, BI promises to help identify, develop, and otherwise create new revenue opportunities.

Analytics 215
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Revolutionizing Auto Insurance: How InsurTechs are Lowering Auto Insurance Costs with Usage-Based Policies

Trigent

Usage-based insurance, often referred to as UBI, has shot to popularity due to its immense potential for insurers when it comes to customization and cost savings. In-car technologies and the surge in connected cars significantly contribute to the growing market size of usage-based insurance. percent between 2023 and 2032.

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Zartico secures $20M to help tourism offices promote local destinations

TechCrunch

Despite representing 10% of the world’s GDP, the tourism industry has been one of the last to embrace big data and analytics. On the analytics side, Zartico uses AI to predict activity, like the volume of visitors to a certain area, and to extract mentions of travel destinations from unstructured text (e.g. or to places.”

Tourism 240
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Minimize risks and fraudulent claims with predictive analytics

Trigent

As new technologies forge their way into diverse sectors, it comes as no surprise that the insurance sector is leveraging them for different reasons. Predictive analytics has found an important place in the insurance landscape for its ability to make data-based predictions. Understanding predictive analytics.

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ANZ Bank’s Advances Data-Driven Analytics With Cloudera

Cloudera

The bank offerings include standard deposit and lending services, credit cards, wealth management, agribusiness finance and insurance, and foreign exchange services for other financial institutions. In 2021, ANZ Bank unveiled its strategy to drive digital transformation, increase their speed to market and become more agile.