Insurance Industry, Are you prepared for a Big Data Analytic Initiative?

Insurance Industry, Are you prepared for a Big Data Analytic Initiative?

  • Data Sources knowledge & preparation
  • Data Analysis / profiling and data quality
    • Understanding the 3V’s Volume, Variety (structured, semi-structured, unstructured) and Velocity of the data
  • ROI
    • Establish smaller acheivable goals using phased approach for any analytical implementation more so for big data
  • Strategic goals and objectives
    • Align ? Map requirements with the strategic goals / objectives
  • KPI’s, Reports
  • Real-time vs Near Real-time Needs
  • Infrastructure, Total Cost of Ownership
  • Cloud Enabled
  • Mobile Enabled
  • Audience
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