Business intelligence

While data acquisition is high in the industry, low deployments of tools outside those for marketing are depressing the industry's potential, says Novarica survey.

The number of organizations that plan to increase spending on data analytics and business intelligence efforts is dramatically larger among already high performers, says Accenture.

The insurer claims the FirstBest software will increase customer response time and overall efficiency

Worldwide business analytics services spending will reach $58.6 billion in 2015 and $101.9 billion in 2019, according to new research from International Data Corp

Six IT students at four-year universities will be given the cash assistance.

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

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

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

SecurityScorecard will monitor cyber risk across the insurer's IT value chain.

Insurance Networking News and the insurance technology community recognize five vendors and one carrier for excellence in technology.

Ovum asked insurers: What's the biggest issue you're facing today because of your legacy environment, and what do you think that will be in two years?

The firm warns that a delay in implementing a cross-channel model exposes carriers to disruption by new entrants.

Eighty percent of IT executives feel that IT departments have too narrow of a scope to be able to effectively ramp up the speed at which they delivery digital capabilities.

The system replaced a manual, spreadsheet-based process for project management, application delivery, and system maintenance.

The broker has named a chief analytics officer, as well as analytics practice leader

Splunk Cloud and Hunk: Splunk Analytics for Hadoop will be used for application and infrastructure performance monitoring and real-time and historical operational analytics.

The company has built a data warehouse and a framework that consist of data access and modeling tools such as SAS, R and new tools like H20, analytics head says.

Haven Life Insurance Agency, The John Hancock Vitality Program and USAA receive SMA’s 2015 Innovation in Action Award.

Novarica has released a report on insurance IT budgets including the top areas of spending expected this year.

By 2017, more than 50% of analytics implementations will make use of event data streams generated from instrumented machines, applications and/or individuals, the analyst firm says.