BI tools and Data Analytics to boost Retail sales and performance analysis
May 17, 2017
We have talked about Business Intelligence in Retail prior to this too, where we discussed how customer acquisition and analyzing customer data is key for a successful retail business. Now we will talk about how we can analyze sales and performance and use BI tools to help in decision making.BI is nothing but a tool which helps ...
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What is Digital in Mortgage?
Apr 24, 2017
Digital or Digitalization is an umbrella term for the services using digital technologies, mainly on the Internet, but also including mobile phones, display advertising, and any other digital medium.This is going to be a series of posts on digital mortgage, in the attempt to discuss and give a clear picture of what is the digita...
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The How and Why of Business Intelligence in Retail
Mar 06, 2017
The retail business involves the process of selling consumer goods or services to customers through multiple channels of distribution to earn profit. There are many challenges which these retailers face on an ongoing basis, where the primary two are – competition for customers and the expenses involved in running a retail...
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Business Intelligence Needs of Insurers
Feb 18, 2017
The insurance industry has gone through many changes in the past few years. The interaction between insurers and customers has changed a great deal and strong competition is forcing insurers to take quick steps in building closer ties with their customers. There are many business intelligence tools out there which work great for...
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Claim Analysis and fraud detection Using Business Intelligence
Feb 02, 2017
Fast and effective claim handling is the base for customer relationships in the insurance industry, but insurance companies also have to protect themselves from the fraud claims that they might be faced with time to time.A new study from the Insurance Research Council (IRC) estimates that claim fraud and buildup added between $5...
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Insurance Risk Management and Business Analytics
Jan 16, 2017
Insurance is a risk-transferring mechanism that ensures full or partial financial compensation for the loss or damage caused by event(s) beyond the control of the insured party. And in turn, risk management is very important for the insurance industry. Insurers consider every available quantifiable factor to develop profiles of ...
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