Social, mobile, analytics, big data, cloud and digital strategy soon will be basic capabilities, and insurers that get bogged down in ROI studies could miss opportunities.
Source: www.insurancenetworking.com
Is “data privacy” an oxymoron? – Network World
Our laws concerning the handling of private data are more about protecting the rights of business than the rights of the individual
Source: www.networkworld.com
Insurance IT spend to hit £66bn globally, says IDC
A report from IDC Financial Insights analysts predicts that IT budgets will rise 4.4 percent from the previous year, as firms use technology to reduce costs while focusing on new initiatives around internet of things and big data analytics to boost…
Source: www.computerworlduk.com
Big data the main driver of that growth.
Datafloq – How The Insurance Industry Should Leverage Big Data – Video
The Insurance Industry creates vast amounts of data, from legacy systems, call dialogues to customer records, offering possibilities to leverage Big Data
Source: datafloq.com
A must-watch video that clearly outlines where the opportunities are.
How hospitals are tackling costs in 2015
It’s no secret that Americans pay a pretty penny for their healthcare. As providers face pressure to reduce costs on the front end — for their patients — they’re also seeing the impact on their bottom lines.
Source: www.healthcareitnews.com
A major battle remains to be fought here. Big data can play an important role to identify savings area.