Category Archives: Financial Services

The Power of Machine Learning in Insurance

Categories: Financial Services

Machine learning is in the news. Google says it is “rethinking everything” around machine learning. In Slate, tech writer David Auerbach argues that machine learning reshapes how we live. In Harvard Business Review, Mike Yeomans writes that “every manager” should know about machine learning. If you are an insurance executive, these claims may seem like…

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Big Data as Competitive Advantage in Financial Services

Categories: Financial Services

Do you want to advance your company from a Digital Explorer to a Digital Transformer? Digital Transformers generate increased revenue and run a more efficient business by developing advanced digital capabilities. According to IDC Financial Insights Research Director Bill Fearnley, it takes three steps to get there: Provide your customers with an omni-experience Use the…

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Digital Transformation in Insurance Powered by Big Data

Categories: Financial Services

The digital transformation in insurance is picking up momentum. Insurance has the opportunity to leapfrog the other segments of Financial Services into the digital era. One thing in favor of this opportunity is the advent of wearables and sensors, or the Internet of Things (IoT).  Another driver for change in insurance are the customers: the…

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Banks Use Big Data Analytics and Apache Hadoop to Deliver Contextual Experiences

Categories: Financial Services

Complex Customer Journey Customer interactions have become increasingly complex to map and understand in omni-channel banking.  Ask any bank and they will tell you it is a colossal undertaking. On average, consumers leverage 3-4 channels to interact with their bank – from web chat, mobile apps, devices, call center, IVR, ATM and branch. When you…

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Fueling Auto Insurance Performance with Cloudera and Zoomdata

Categories: Analytic Database Enterprise Data Hub Financial Services General Partners

Can Big Data technologies boost profits and enhance customer service in the auto insurance industry? Nick Turner, Enterprise Data Manager at U.K.-based insurance provider Markerstudy, joins us today to share his firm’s recent, award-winning successes with Cloudera and the Zoomdata visual analytics solution. Learn more in the upcoming webinar: Big Data Visual Analytics In Action:…

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