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Ultimate Guide to Insurance as a Service
The insurance sector is experiencing a rapid shift towards digitalization. More than 80% of large insurance companies have either invested in or are working with insurtech companies. The “insurance as a service” approach is a part of such collaboration between insurtechs and established insurance companies.
Top 5 Technologies Improving Insurance Fraud Detection
According to the FBI, insurance fraud (excluding health insurance) costs more than $40 billion annually in the U.S. alone.(Insurance Fraud. FBI. Accessed: February/11/2025.) Technological tools such as artificial intelligence (AI), the Internet of Things (IoT), machine learning, and blockchain can be used by insurers to more effectively detect and prevent insurance fraud.
Intent Classification: What it is & How it Works
Customers have more options than ever due to increasing competition and the quality of customer service has become one of the key factors for businesses to stay ahead of the competition. This article, we will explore one of the techniques used in these applications: intent classification.
6 Process Mining Trends & 20 Stats to Watch for
Process mining has evolved into a mainstream approach to discover and improve business processes, and its market is projected to grow by 40-50% by passing $1 billion in 2022. It is being applied to numerous sectors and departments, ranging from healthcare to logistics.
Digital Transformation for Telecoms with Case Studies
The telecommunication or telecom sector is a ~$1.5 trillion market that makes communication possible worldwide. As remote work becomes more widespread, consumer needs continuously change in the telecom sector, demanding better services from telecom service providers. Like every other sector, the telecommunications sector can also benefit from digital transformation to improve its services.
Top 10 Open Source Job Schedulers & WLA Tools
Businesses leverage open-source job schedulers and workload automation tools to automate IT tasks without paying licensing costs or getting locked in to a specific vendor.
4 Steps of Carbon Footprint Calculation
During my academic research on corporate sustainability efforts, I have realized that all stakeholders, from regulators to investors, want to see real efforts from businesses to mitigate the negative impacts of climate change. For organizations to minimize their carbon footprint, the first stage is to measure their carbon footprint properly.
Ethical & Compliant Web Data Benchmark
As enterprises scale their web data operations, compliance, data, and risk executives increasingly evaluate the associated ethical, reputational, and legal risks. We benchmarked 5 leading web data collection services across 3 dimensions and tested each service with more than 20 potentially unethical scenarios.
Digital Transformation and Sustainability: Top 5 Digital Solutions
The World Economic Forum (WEF) identifies climate change and environmental issues as the greatest threats to the global economy. My academic experience on sustainability practices points that embracing digital transformation and sustainability initiatives are strategic actions executives can take to move toward a more sustainable future.
Top 3 Web Scraping Use Cases for Marketing
Web scraping enables many decision-making processes to become more data-driven. Especially in marketing, web scraping has numerous applications, but the variety of use cases can also make it more challenging to gauge which ones apply for your business and would be more beneficial.