Altexsoft

APRIL 13, 2021

The insurance industry is notoriously bad at customer experience. In the last few years, Chinese tech giants have been making massive strides at becoming the center of insurance innovation. To compete, insurance companies revolutionize the industry using AI, IoT, and big data. Not in China though. Why automate claims?

Artificial Inteligence 87

Artificial Inteligence Machine Learning Insurance Technical Review 87

CIO

JULY 24, 2024

The challenge, as many businesses are now learning the hard way, is that simply applying black box, off-the-shelf LLMs, like a GPT-4, for example, will not deliver the accuracy and consistency needed for professional-grade solutions. The key to this approach is developing a solid data foundation to support the GenAI model.

Artificial Inteligence 113

Artificial Inteligence Off-The-Shelf Insurance How To 113

Perficient

NOVEMBER 15, 2024

Strict regulations around HIPAA, PHI, and PII create significant barriers, making it difficult to adopt off-the-shelf AI solutions from fields like commerce or digital experience. Healthcare Trend #1: AI Disruption and Enablement Healthcare has seen a surge of interest in AI, with the market set to soar to $187.95 billion by 2030.

Healthcare 64

Healthcare Trends Insurance Business Transformation 64

Cloudera

MAY 4, 2022

In a retail operation, for instance, AI-driven smart shelf systems use Internet of Things (IoT) and cloud-based applications to alert the back room to replenish items. In a retail operation, for instance, AI-driven smart shelf systems use Internet of Things (IoT) and cloud-based applications to alert the back room to replenish items.

Artificial Inteligence 130

Artificial Inteligence Off-The-Shelf Systems Review Insurance 130

TechCrunch

APRIL 30, 2023

Axios reported last week that Teampay, a corporate card company, confirmed it laid off 30% of its 100-person staff “in two instances in recent months.” Welcome to The Interchange ! If you received this in your inbox, thank you for signing up and your vote of confidence.

Fintech 228

Fintech Off-The-Shelf Banking Report 228

Erik Bernhardsson

APRIL 21, 2015

Focusing on a particular niche makes it easier to build something that works off the shelf. A general purpose outlier detection is not as useful as a model to detect insurance fraud. Then there’s a ton of startups: PredictionIO ($2.7M funding), BigML ($1.6M funding), Clarifai , etc, etc. Predict churn. I don’t know.

Artificial Inteligence 119

Artificial Inteligence Machine Learning Off-The-Shelf Cloud 119

CIO

JUNE 15, 2023

For modern CIOs, it’s essential to have a healthy balance between innovation and mainstream tech, says Kim Sim, Mr Price Group CIO. This ability to maintain perspective of two different worlds is critical for Sim, who inherited a highly complex legacy environment and is currently in the process of modernizing these systems.

Off-The-Shelf 148

Off-The-Shelf Artificial Intelligence Artificial Inteligence eCommerce 148

Sunflower Lab

OCTOBER 16, 2020

That means, from your startup’s inception, this solution can offer exactly what you need to get your company off the ground. Ben Chestnut was just a guy running a design consulting business in the year 2000. When he added a custom software to his arsenal, he became MailChimp. Here are 4 ways custom software development can help startups. .

Software Development 98

Software Development Software Review Software Off-The-Shelf 98

Altexsoft

SEPTEMBER 7, 2021

Insurance companies find it difficult to attract new customers and retain them, especially when almost every insurer offers the same service or product. It’s also challenging since insurance is a low-touch industry, and insurers seldomly interact with their customers. The customer loyalty problem in insurance.

Insurance 59

Insurance Technical Review Strategy Technology 59

Cloudera

AUGUST 31, 2020

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. The data shelf life is decreasing,” said Marr. This speed of change has enormous implications for businesses.

Analytics 101

Analytics Airlines Off-The-Shelf Insurance 101

Tenable

JUNE 7, 2024

1 - NIST program will test safety, fairness of AI systems Will that artificial intelligence (AI) system now in development behave as intended once it’s released or will it go off the rails? Check out the new ARIA program from NIST, designed to evaluate if an AI system will be safe and fair once it’s launched. And much more!

Systems Review 127

Systems Review Programming Generative AI System 127

Erik Bernhardsson

APRIL 21, 2015

Focusing on a particular niche makes it easier to build something that works off the shelf. A general purpose outlier detection is not as useful as a model to detect insurance fraud. Then there’s a ton of startups: PredictionIO ($2.7M funding), BigML ($1.6M funding), Clarifai , etc, etc. Predict churn. I don’t know.

Artificial Inteligence 100

Artificial Inteligence Machine Learning Off-The-Shelf Cloud 100

IDC

AUGUST 5, 2019

Amidst all the usual starting-a-new-job hubbub of picking health insurance and setting up her direct deposit, she was also faced with getting her hardware – laptop, tablet, and smartphone – selected and set up. Earlier this summer, my friend’s daughter began a new job, her first one right out of college. And you get a wearable!

Off-The-Shelf 18

Off-The-Shelf Survey Insurance Hardware 18

Sunflower Lab

OCTOBER 22, 2020

But not just any products, these custom software developments must offer specific features and services to properly serve healthcare providers—because when someone’s life is on the line, there’s no time to waste. The Importance of Custom Healthcare Software Development. Let’s face it, the world isn’t what it used to be.

Software Development 98

Software Development Healthcare Software Review Software 98

Mobilunity

AUGUST 30, 2021

Currently, healthcare software development can be divided into two main types: commercial off-the-shelf (COTS) and custom healthcare software development. The COVID-19 pandemic became an unprecedentedly stern challenge for the world’s healthcare industry. The same happened with the healthcare industry in response to the pandemic.

Software Development 52

Software Development Healthcare Software Review Software 52

Trigent

SEPTEMBER 30, 2021

Major industries such as retail, manufacturing, import-export houses, insurance, finance, and logistics companies are all in various stages of digital transformation. Major industries such as retail, manufacturing, import-export houses, insurance, finance, and logistics companies are all in various stages of digital transformation.

Systems Review 98

Systems Review System Technical Review Off-The-Shelf 98

Battery Ventures

MARCH 31, 2020

We spoke to companies in the financial services, retail, insurance, pharmaceutical, cable/telecommunications, and tech sectors. Customer engagement is also rapidly shifting to remote work—so rapidly that companies are no longer looking to build custom tools but are buying off the shelf SaaS tools to get people back to work.

Pharmaceuticals 59

Pharmaceuticals Technical Review Off-The-Shelf Analytics 59

Altexsoft

MAY 27, 2022

Healthcare facilities and insurance companies would give a lot to know the answer for each new admission. Today, we can employ AI technologies to predict the date of discharge. This article describes how data and machine learning help control the length of stay — for the benefit of patients and medical organizations. days in 1960 to just 5.4

How To 98

How To Healthcare Machine Learning Artificial Inteligence 98

Altexsoft

JUNE 6, 2019

In-store cameras and sensors detect each product one takes from a shelf, and items are being added to a virtual cart while a customer proceeds. Physical stores still have a lion’s share of sales, but the tendency of the growing demand for online experiences shouldn’t be ignored. Source: Forrester Consulting. Amazon Go stores.

Artificial Inteligence 89

Artificial Inteligence Artificial Intelligence Retail Innovation 89

Trigent

FEBRUARY 25, 2022

Adopting any new technology in the healthcare world has been perceived to be slow due to the strict governance around data protection, compliance, and the long-drawn processes around testing new healthcare options. This is, of course, to ensure that patient safety is not compromised in any manner.

IoT 52

IoT Healthcare Examples Technical Review 52

Strategy Driven

OCTOBER 30, 2023

Cleaning up your space means lower compensation claims, reduced insurance premiums and cost savings related to regulatory compliance. If boxes are pushed onto a shelf and squeezed into tight spaces, they could fall out and break on the floor. A clean warehouse is absolutely paramount. Warehouse management is all about being proactive.

Off-The-Shelf 39

Off-The-Shelf Insurance Energy Compliance 39

Altexsoft

JULY 19, 2019

While it’s still a good example, automation solves not only physical labor issues but also the white-collar type of tasks. In the last ten years, a new technology aimed at automating clerical processes emerged. The subset of automation concerning specifically business processes is called robotic process automation or RPA.

Artificial Inteligence 78

Artificial Inteligence Artificial Intelligence Analysis Technology 78

Altexsoft

JULY 14, 2021

overed entities, business associates, and Health Insurance Portability and Accountability Act (HIPAA). Some examples are hospitals, insurance companies, doctors, nurses, pharmacists, laboratories, call centers, medical equipment providers, social workers, etc. To learn more, check the article on common HIPAA violations to be aware of.

Off-The-Shelf 59

Off-The-Shelf Artificial Inteligence Machine Learning Healthcare 59

Trigent

SEPTEMBER 26, 2021

The banking, financial services, and insurance (BFSI) industry are also leveraging the cloud to address specific requirements and unique challenges. . It aids operational activities such as new account opening, fund transfers, loan approvals, insurance advice policy renewal, and more. Just about everyone is talking about the cloud.

Cloud 52

Cloud Enterprise Banking Off-The-Shelf 52

Altexsoft

JUNE 19, 2023

It encompasses recruitment, deployment, training, scheduling, payroll management, travel arrangements, insurance and health schemes, and so on. Being a crucial part of the global economy, the maritime industry is vastly diverse. to fishing to cruise ships to offshore energy production – and much more. million people employed at sea only.

Software Review 59

Software Review Resources Software Technical Review 59

Altexsoft

AUGUST 12, 2021

Today, maritime transportation evolved into a highly complex industry which is the backbone of international trade, carrying up to 90 percent of the traded goods. Ship chartering is one of the most common types of interaction in the world of sea transport. Such a rental contract is called a charter party. Typical ship chartering scenarios.

Software 72

Software Transportation Off-The-Shelf Analytics 72

Sunflower Lab

DECEMBER 23, 2020

Why You Should Hire A Mobile App Development Company. Mobile apps are all the rage right now. Businesses are growing rapidly by shrinking their businesses to the size of their customers’ palms. However, it can be time-consuming, expensive, and frustrating to navigate the first steps. So, we’re going to cut right to the chase. Don’t believe us?

Weak Development Team 52

Weak Development Team Mobile Company Development 52

iTexico

AUGUST 26, 2019

Small cameras, placed on top of shelves, monitor and stream real-time information on shelf-stock levels. Machine Learning Use Cases: iTexico’s HAL. Change is inevitable, and tends to happen before we’re aware of it. Now, with all the grace as a leaf on the water, AI has become that backbone behind which the world works.

Artificial Inteligence 15

Artificial Inteligence Machine Learning Software Review Artificial Intelligence 15

Altexsoft

MAY 8, 2020

A booking engine is the brains behind distributing travel products online. Without this software component, you can neither sell nor buy airline tickets or hotel reservations through the Internet. Trip-related companies employ different types of booking engines to run core processes instead of human personnel. airline reservation systems ( ARSs ).

Travel 69

Travel Engineering Hotels Airlines 69

Altexsoft

JANUARY 28, 2021

No matter the size of a business, there are always some processes keeping it afloat. For the most part, these processes are high-volume repetitive tasks done manually. Think of back office operations like order processing, request confirmation, approvals, and document fulfillment. But if a task has a straightforward flow, why not automate it?

Examples 52

Examples Technical Review Software Review Software 52

Altexsoft

OCTOBER 27, 2023

White-label solutions make building an online travel agency or OTA extremely easy and fast. You can establish your presence on the web in no time — and with minimal upfront cost. Plug-and-play platforms have many hidden limitations, preventing you from standing out in a saturated travel market. The channel share in US travel as of 2022.

Travel 52

Travel Hotels Technical Review Off-The-Shelf 52

Marv's Smart Future

MAY 21, 2018

Long acquisition programs also insure that nobody in the acquisition system is personally responsible for failure because a Program Manager’s (PM) 3-4-year leadership tour only covers a portion of the full requirement-to-IOC (Initial Operational Capability) timeline. Driven by peer naval competition from Russia and China, the U.S.

Technical Review 49

Technical Review Systems Review Technical Leadership Programming 49

Altexsoft

JUNE 11, 2021

It seems pretty straightforward: well, you just heat up milk or boil water, dump those flakes in the bowl, and add fruits, berries, honey, or other yummies you like. And now, try to think about each step: is there any way you can make it faster? Say, how many extra moves are you making because the ingredients are located in different areas?

Applications 69

Applications Weak Development Team Software Review Systems Review 69

Altexsoft

SEPTEMBER 27, 2022

Certificate of insurance – an evidence that freight is insured containing details of insurance coverage. In layman’s terms, an AWB is fairly similar to the Amazon shipping label you can find on any parcel you receive after your black Friday (or any other, let’s admit it) online shopping. A sample AWB. Source: AWB Editor.

Airlines 52

Airlines Transportation Insurance Off-The-Shelf 52

Altexsoft

MAY 30, 2022

Instead of getting out of bed and switching off the lights manually, you can open an Alexa app on your phone and give a voice command like, “Alexa, bedroom lights off.”. In the modern world, there’s hardly a business that doesn’t need a communication channel with its customers. Here’s the catch though.

Artificial Inteligence 52

Artificial Inteligence Technical Review Machine Learning Artificial Intelligence 52

Altexsoft

OCTOBER 27, 2022

inland transportation from origin and/or to destination, goods storage, preparation of customs and other documentation, freight consolidation and deconsolidation, container tracking, insurance services, import customs clearance, and so on. Freight forwarders are experts that boost global trade and international transportation.

Technical Review 52

Technical Review Technology Transportation Software Review 52

Altexsoft

FEBRUARY 22, 2022

Taking good care of your fleet assets pays off by prolonging their lifecycle, increasing efficiency, and reducing the probability of failures. Prevention is better than cure. If you think vehicle breakdowns are inevitable, we got news for you. These risks and losses can – and have to! – be avoided with proactive maintenance.

Software Review 52

Software Review Technical Review Software Technology 52