Insurance relies on the ability to predict future claims or loss exposure based on historical information and experience. However, insurers face an uncertain future due to spiraling operational costs, escalating regulatory pressures, increasing competition and greater customer expectations. More than ever, insurance companies need to optimize their business processes. But
Tag: high-performance analytics
In my last blog post, I introduced SAS Visual Analytics for UN Comtrade, which helps anyone glean answers from the most comprehensive collection of international trade data in the world. I’d like to share some of what we learned in the development process as it pertains to big data, high
When do analytics really provide value? All the time, of course. However, one of the best times for analytics to prove their value is when you are asked to do more with less. Often, the reason we are asked to do more with less is because of an economic downturn
Imagine choosing one application for Linux that worked on the version you currently use. You choose another program but find that it doesn’t work on that version of Linux. A third application? It works with another version of Linux. Luckily, that rarely happens. In 2001, the Linux Foundation established Linux Standard
~ This article is co-authored by Binod Jha, Global Product Manager for Insurance Solutions at SAS, and Amol Kokane, Senior Development Manager for Insurance & Risk Management Solutions at SAS ~ How might insurance policies change if sensor data could be automatically transmitted and analyzed from your car, your home and even your
Getting universal buy in for Hadoop needn’t be an uphill struggle. In many cases, it only takes one pilot project to realize the benefits of low cost storage combined with powerful analytics. The Hadoop topic provoked passionate conversatoin at a recent roundtable discussion attended by over 25 people from a range
Weighed down by what has gone before, and what is needed to keep the lights on, the CIOs at many organizations I have worked with have turned to Hadoop with the hope of utilizing it as a major component of an IT infrastructure and as part of their modernization and
The Global Hadoop market was valued at $1.5 billion in 2012 and is expected to grow at a compound annual growth rate of 58.2 percent, to reach $50.2 billion by 2020, according to a Hadoop Market Analysis report prepared by Allied Market Research. There is no doubt that IT teams are
I have been on a whirlwind tour locally here in Australia visiting existing SAS customers where the focus of discussions have centered around SAS and Hadoop. I am happy to report that during these discussions, customers have been consistently surprised and excited about what we are doing around SAS on
I recently caught up with Dr. Tom Davenport, analytics thought-leader and author of Big Data @ Work, in Dublin, where we talked about big data, the Internet of Things and Hadoop. I'll be sharing the conversation here with you in two parts. You'll find part one below, and you can check