Remove Data Engineering Remove Insurance Remove Machine Learning
article thumbnail

Enhancing customer care through deep machine learning at Travelers

CIO

New York-based insurance provider Travelers, with 30,000 employees and 2021 revenues of about $35 billion, is in the business of risk. s SVP and chief data & analytics officer, has a crowâ??s s nest perspective of immediate and long-term tasks to equally strengthen the company culture and customer needs.

article thumbnail

MLOps: Methods and Tools of DevOps for Machine Learning

Altexsoft

When speaking of machine learning, we typically discuss data preparation or model building. Living in the shadow, this stage, according to the recent study , eats up 25 percent of data scientists time. MLOps lies at the confluence of ML, data engineering, and DevOps. More time for development of new models.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How AI orchestration has become more important than the models themselves

CIO

Spending on vertical AI has increased 12x , this year, as more businesses recognize the improvements in data processing costs and accuracy that can be achieved with specialized LLMs. Our LLM was built on EXLs 25 years of experience in the insurance industry and was trained on more than a decade of proprietary claims-related data.

article thumbnail

What is data analytics? Analyzing and managing data for decisions

CIO

Predictive analytics applies techniques such as statistical modeling, forecasting, and machine learning to the output of descriptive and diagnostic analytics to make predictions about future outcomes. In business, predictive analytics uses machine learning, business rules, and algorithms.

Analytics 203
article thumbnail

Personalized Insurance: Auto and Telematics, Health, and Other Success Stories

Altexsoft

In today’s society, insurers can no longer ignore the mounting expectations of customers. Clients now expect insurers to provide different levels of personalization that are fast, adaptable, and up to date. Is personalized insurance really the future of insurance? What is personalized insurance, and why is it important?

article thumbnail

5 hot IT budget investments — and 2 going cold

CIO

CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%). Dental company SmileDirectClub has invested in an AI and machine learning team to help transform the business and the customer experience, says CIO Justin Skinner.

Budget 218
article thumbnail

The IBM Press Release on Spark That Every Tech Leader Should Read

CTOvision

They also launched a plan to train over a million data scientists and data engineers on Spark. As data and analytics are embedded into the fabric of business and society –from popular apps to the Internet of Things (IoT) –Spark brings essential advances to large-scale data processing.