Analytics

While few efforts at an insurer are more complex or time consuming as a core system replacement, a major BI initiative will eventually touch all aspects of an organization.

The wholesaler's distributors will use the software to meet growth targets.

Many universities and technology vendor companies are doing something about making the field of data analytics more appealing, and offering more real-world exposure to the power of data and business intelligence.

Big data's hype is driving big business intelligence investment across the insurance industry. Novarica reports the top outlets for that spending.

In 2016, 5.5 million new things will get connected every day, and total connected things will reach 20.8 billion by 2020, the report says.

With IBM's acquisition of The Weather Company and its large insurance customer base, Watson analytics may be able to help assess weather risks days before things happen.

All three major big data submarkets—infrastructure, software and services—are expected to grow over the next five years, report says.

A few schools in Utah, Texas, Arizona, Pennsylvania, Colorado, and Southern California all graduated a higher share of MBAs who went into tech than Stanford's Graduate School of Business

Covering all 50 states, the awards include commitments from more than 250 organizations.

By 2019, software platforms and analytics services will each drive more revenues globally than professional services in IoT markets, says ABI Research.