Category: Big data

Advanced Analytics in the Insurance Industry

Individuals and businesses rely on insurance providers to manage the financial risks in life. However, the insurance industry must also handle fraudulent claims. Analytical modeling allows insurance companies to understand their customers and prevent fraud. This post describes the scope of advanced analytics in the insurance industry.  What is Advanced Analytics in Insurance?  Advanced analytics […]

Data Wrangling: What It Is & Why It’s Important

Data is the most useful resource for businesses. Its analysis aids data science professionals to make informed decisions and leverage them to further their business goals. But data doesn’t come pre-packaged in neat little bundles. It is mostly messy, disorganized, and often full of noise that hinders analysis. Any insight that business professionals glean will […]

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