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Five Ways Data Analytics is Transforming the Insurance Industry

By   /  November 10, 2017  /  BI / Data Science Blogs, BI / Data Science News, Articles, & Education, Big Data Blogs, Big Data News, Articles, & Education, Data Blogs | Information From Enterprise Leaders, Data Education  /  1 Comment

Click to learn more about author Roi Agababa. Insurance professionals collect a huge amount of data from their customers. And then, they hand it over to underwriters, who evaluate risks of insuring that person using various actuarial data, claims data, and a bunch of other techniques (some of which are proprietary to the insurer). From […]

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What Does Big Data Mean for HR?

By   /  October 27, 2017  /  BI / Data Science Blogs, BI / Data Science News, Articles, & Education, Big Data Blogs, Big Data News, Articles, & Education, Data Blogs | Information From Enterprise Leaders, Data Education  /  No Comments

Click to learn more about author Daisy Ridley. Technology is transforming the jobs that we do today. The way the organizations create jobs is increasing the speed and transparency but all of that is creating a lot of data. We are talking about Big Data here. Data and analytics is going to become one of the […]

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Fundamentals of Predictive Analytics

By   /  October 5, 2017  /  BI / Data Science Articles, BI / Data Science News, Articles, & Education, Big Data Articles, Big Data News, Articles, & Education, Data Articles | Data Science, Business Intelligence, & More, Data Education, Education Resources For Use & Management of Data  /  No Comments

Predictive Analytics is a sub-filed of Data Analytics and Business Intelligence, which deals with an in-depth analysis of past events and forecasts of future events. This specialized branch of Data Analytics combines the power of Data Mining, Data Modeling, Artificial Intelligence, and Machine Learning to make probabilistic predictions of future events. So, Predictive Analytics (PA) relies […]

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Predictive Analytics Models Should Be a Team Effort

By   /  October 1, 2015  /  Data Daily | Data News, Data Education, Data Modeling News, Data Modeling News, Articles, & Education  /  1 Comment

by Angela Guess Ed Burns recently wrote for Search Business Analytics, “The work that goes into building predictive analytics models doesn’t stop once the code is written. To ensure that predictive modeling efforts deliver accurate and meaningful results, analytics managers say it’s important to continue testing analytical models and reworking them until they’re fully reliable […]

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Verizon Launches Fraud Management Software for Health Care

By   /  November 18, 2011  /  Data Daily | Data News, Data Education, Data Modeling News, Articles, & Education  /  No Comments

by Angela Guess Verizon is using predictive data modeling to detect health fraud. According to the article, “The telecommunication giant has just unveiled a new software platform called Verizon Fraud Management for Healthcare, a fraud detection system tailored to the healthcare industry. It uses predictive modeling technology to examine unusual patterns and trends in incoming […]

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