Today’s insurance providers face unprecedented volume, variety and velocity of data. This is both powerful and daunting. Many organisations recognise the power of this data, but are overwhelmed by how to use it to make effective business decisions. The analogy we use is that providers are facing a deluge of data.
Like water, the data can pour in and quickly flood the business, leaving it unable to stay dry and execute. On the flip side, like a good rain in a drought-stricken area, this big data deluge can be transformational and necessary to sustain and grow a business. The key is to learn how to make the deluge work for you.
The future: After the flood: making the deluge work for you Print
Modified on: Tue, 9 Feb, 2021 at 6:41 PM
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