article thumbnail

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
article thumbnail

Enhancing customer care through deep machine learning at Travelers

CIO

New York-based insurance provider Travelers, with 30,000 employees and 2021 revenues of about $35 billion, is in the business of risk. s SVP and chief data & analytics officer, has a crowâ??s s unique about the [chief data officer] role is it sits at the cross-section of data, technology, and analytics,â??

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Personalized Insurance: Auto and Telematics, Health, and Other Success Stories

Altexsoft

In today’s society, insurers can no longer ignore the mounting expectations of customers. Clients now expect insurers to provide different levels of personalization that are fast, adaptable, and up to date. Is personalized insurance really the future of insurance? What is personalized insurance, and why is it important?

article thumbnail

5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Cold: On-prem infrastructure As they did in 2022, many IT leaders are reducing investments in data centers and on-prem technologies. “We

Budget 363
article thumbnail

The Coforge Viewpoint: How Intelligent Digital Technologies will reshape Insurance Operations

Coforge

* field--node--title--blog-post.html.twig x field--node--title.html.twig * field--node--blog-post.html.twig * field--title.html.twig * field--string.html.twig * field.html.twig --> The Coforge Viewpoint: How Intelligent Digital Technologies will reshape Insurance Operations. Key Areas of Digital Growth for Insurance Companies.

article thumbnail

Once Upon a Time in the Land of Data

Cloudera

Tracks represented financial services, insurance, retail and consumer packaged goods, and healthcare. Overall, it struck me that while data science is not new, most firms are still defining the mission of the data office and data officer. In another firm, the head of the data office also owns the digital channels.

Data 77
article thumbnail

DevOps in a data science world

Xebia

Therefore these organisations introduce a new capability: Data & Analytics. This blog elaborates on how adopting DevOps principles can enhance business value creation for the world of Data & Analytics. Data & Analytics as a separate business domain. a data & analytics platform).

DevOps 130