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McKinsey recently reported that “Most carriers are struggling to meet their cost of capital, and productivity has barely moved over the past decade” and that “The insurance industry is facing a serious structural challenge … the majority of carriers are not making their cost of capital.” Growing productivity by improving operations is an essential ingredient […]
In many of our decision management projects, we are helping clients adopt the technologies and approaches they need to succeed with digital decisioning and decision automation. One of the key technologies for these types of projects is a Business Rules Management System (BRMS). Sometimes, we clients are initially resistant to using business rules because current […]
Companies are increasingly looking to predictive analytics and machine learning to manage risk, detect fraud, maximize customer value and reduce operational costs. These data-driven decision-making initiatives are compelling companies to move beyond their initial analytics efforts to become predictive enterprises that apply predictive analytics both broadly and deeply. New technologies and new approaches are allowing […]
Companies are taking the next step from Business Intelligence to a truly intelligent business by integrating business analytics into their operations. Today’s BI capabilities like reporting and ad-hoc query are rapidly expanding to a landscape of analytic capabilities that include visualization, data discovery, and advanced analytics. Business analysts are in a powerful position to help […]
Using a case study approach, learn how Decision Management approaches, tools, and technology can help you redesign your business for today’s consumer. The webinar introduces a company trying to build capabilities to handle a growing consumer business. The company has challenges in trying to synchronize initiatives across Marketing, Sales, Product Management, Operations, Accounting, and Technology. […]