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Business intelligence and analytics firm Pyramid Analytics raises $100M

TechCrunch

Pervasive BI remains elusive, but statistics on the category reveal that about a third of employees use BI tools for analytics to inform strategy. The big data and business analytics market could be worth $684 billion by 2030, according to Valuates Reports, if such outrageously high estimates are to be believed.

Analytics 215
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What is data analytics? Analyzing and managing data for decisions

CIO

What is data analytics? Data analytics is a discipline focused on extracting insights from data. The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. What are the four types of data analytics?

Analytics 203
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7 famous analytics and AI disasters

CIO

Organizations across every industry have been and continue to invest heavily in data and analytics. But like oil, data and analytics have their dark side. According to CIO’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year.

Analytics 218
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Minding the Analytics Gap

CTOvision

Like others in the insurance industry, XL has long relied heavily on data analysis to understand and price its products. In response, XL produces increasingly complex analytics, and demand for analytical insights progressively permeates the organization. Yet they must still make these decisions.”. XL is far from alone.

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Combating Fraud in Insurance with Data

Cloudera

The insurance industry has a long and intimate relationship with fraud in many different ways. Insurance fraud can take place at a process or business function level, most notably in claims or underwriting. The different venues to commit fraud against an insurer are mind-boggling, with serious financial consequences.

Insurance 101
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Streaming Analytics in the Real World

Cloudera

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. This speed of change has enormous implications for businesses.

Analytics 101
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What is a chief data officer? A leader who creates business value from data

CIO

To date, many of those appointments have been concentrated in the insurance, banking, media and entertainment, retail, and IT/technology verticals. They may also be responsible for data analytics and business intelligence — the process of drawing valuable insights from data. CDO vs. chief analytics officer.

Data 202