September 08 to 10 2014, Santa Clara, USA.


Speaker "Ajay Bhargava" Details

Name :
ajay bhargava
Title :
Topic :

A Dozen Ways Insurers Can Leverage Big Data for Business Value

Abstract :

The amount of structured and unstructured, internal and external data coursing into every organization is voluminous and increasing exponentially. Data today comes from disparate sources that include customer interactions across channels such as call centers, telematics devices, social media, agent conversations, smart phones, emails, faxes, police reports, day-to-day business activities, and others. Gartner’s 2011 Top 10 list of IT Infrastructure and Operations Trends predicts an 800 percent growth in data over the next five years. Organizations actually process only about 10 to 15 percent of the available data, almost all of it in structured form. While managing this overwhelming data flow can be challenging, insurers can reap very real benefits like increased productivity, improved competitive advantage and enhanced customer experience by capturing, storing, aggregating, and eventually analyzing the data. This value does not come from simply managing big data, but rather, from harnessing the actionable insights from it. Insurers that can glean objective-driven business value by applying science to their data and deriving insights will maintain a competitive advantage and stay ahead of the curve in this information age.

Profile :
ajay bhargava

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