Analytics Innovation Insurance Off-The-Shelf 
Cloudera
AUGUST 31, 2020
From leading banks, and insurance organizations to some of the largest telcos, manufacturers, retailers, healthcare and pharma, organizations across diverse verticals lead the way with real-time data and streaming analytics. The data shelf life is decreasing,” said Marr. Static, historical data is no longer enough. .
Cloudera
MAY 4, 2022
When a company embraces an AI-first strategy , it makes a conscious decision to transform itself today and set itself up for ongoing innovation and adaptation in the future. . In a retail operation, for instance, AI-driven smart shelf systems use Internet of Things (IoT) and cloud-based applications to alert the back room to replenish items.
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Altexsoft
SEPTEMBER 7, 2021
Insurance companies find it difficult to attract new customers and retain them, especially when almost every insurer offers the same service or product. It’s also challenging since insurance is a low-touch industry, and insurers seldomly interact with their customers. The customer loyalty problem in insurance.
Altexsoft
JUNE 6, 2019
In-store cameras and sensors detect each product one takes from a shelf, and items are being added to a virtual cart while a customer proceeds. Physical stores still have a lion’s share of sales, but the tendency of the growing demand for online experiences shouldn’t be ignored. Source: Forrester Consulting. Amazon Go stores.
Altexsoft
JUNE 26, 2020
Besides, innovations met resistance from staff. A CPOE solution can be also pre-integrated with a medical practice management platform to flag orders that require pre-approval from an insurance plan. The situation can be remedied with wider adoption of electronic prescribing (eRx) and test ordering technologies. CPOE benefits.
Altexsoft
JULY 14, 2021
overed entities, business associates, and Health Insurance Portability and Accountability Act (HIPAA). Some examples are hospitals, insurance companies, doctors, nurses, pharmacists, laboratories, call centers, medical equipment providers, social workers, etc. To learn more, check the article on common HIPAA violations to be aware of.
Altexsoft
APRIL 13, 2021
The insurance industry is notoriously bad at customer experience. In the last few years, Chinese tech giants have been making massive strides at becoming the center of insurance innovation. To compete, insurance companies revolutionize the industry using AI, IoT, and big data. Not in China though. Why automate claims?
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