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Business intelligence and analytics firm Pyramid Analytics raises $100M

TechCrunch

Pervasive BI remains elusive, but statistics on the category reveal that about a third of employees use BI tools for analytics to inform strategy. The big data and business analytics market could be worth $684 billion by 2030, according to Valuates Reports, if such outrageously high estimates are to be believed.

Analytics 215
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Express Cloudera POV on 2021 data trends in insurance

Cloudera

We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19. In 2021, with the crisis hopefully fading, insurance will have time to evaluate the changes made in 2020, assessing what worked and what didn’t, and planning a new way forward rather than reacting in real time. .

Insurance 105
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Minding the Analytics Gap

CTOvision

Like others in the insurance industry, XL has long relied heavily on data analysis to understand and price its products. In response, XL produces increasingly complex analytics, and demand for analytical insights progressively permeates the organization. Yet they must still make these decisions.”. XL is far from alone.

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The Journey to Understanding your Insurance Customers

Cloudera

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.

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7 famous analytics and AI disasters

CIO

Organizations across every industry have been and continue to invest heavily in data and analytics. But like oil, data and analytics have their dark side. According to CIO’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year.

Analytics 360
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Analyst One Announces Top Analytical Technologies List

CTOvision

In March 2011 Businessweek quoted Cloudera’s Mike Olson describing a “Cambrian explosion” of corporate analytical technology. 0xdata customers have built powerful domain specific predictive engines for Recommendations, Pricing and Outlier detection in Fraud & Insurance. Mike really nailed it with that one.

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SaaS software: 7 industries in which it has made an immense impact

Openxcell

SaaS: Everything you need to know Traditionally, companies invested optimum capital in on-premise infrastructure to streamline business analytics, CRM, and automation. In recent years, it has been possible to operate the whole business offsite using SaaS or Software-as-a-Service.