More Profitable Decisions
[ Source: QlikView ]
September 2009-
Business Intelligence is not a “one-size-fits-all” category. Different approaches, including reporting, modeling and dashboarding, have been used to address the various challenges that exist across large organizations. Reporting-based technology was originally intended to answer questions that are known in advance — in a predictive fashion — with predefined views of information. But over time, a gap has emerged in addressing questions that are hard to predict and ad hoc in nature. And this is an ....
5 Steps to Cost Cutting for Insurers: What You Don’t Know Will Hurt You
[ Source: CSC ]
April 2009-
It’s been in the headlines for months now—companies in general and financial service providers in particular have moved almost overnight from surplus assets to survival mode. And while insurers are arguably better off than other financial sectors, the industry certainly has not been immune to the financial meltdown. Cost control is certainly a priority for all companies, how can you sensibly control expense now and stay on track with your long-term goals? Download this ....
Increasing Bank Profitability and Managing Risk with Business Intelligence
[ Source: Onward Systems Inc. ]
March 2009-
In the wake of IndyMac and many others, and the failures of both Freddie Mac and Fannie Mae, banks are worrying more and more about tracking their spending and making ends meet, trying to achieve profitable accounts while at the same time turning around riskier customer ventures. The nation’s banks are increasingly facing the credit crunch due to the sub-prime loan debacle. While financial stability and a surplus economy might be a mere vision of ....
Don't Waste a Crisis: Emerge a Winner by Applying Lessons from the Last Recession
[ Source: Diamond Management & Technology Consultants ]
October 2008-
Competitive executives should welcome recessions. In the heat of a downturn, superior companies pull away from the competition and aspiring companies can dart ahead. In order to find patterns of success and failure, Diamond Management & Technology Consultants studied more than 400 companies and their performance (relative and absolute) before, during, and after the last recession (1998–2004).
The Optimized Insurer: Using Analytics to Optimize Business Performance
[ Source: SAS ]
August 2008-
The fiercely competitive insurance industry faces spiraling operational costs, increasing regulatory pressures and rising claim settlement costs against a background of economic uncertainty. This white paper explores how SAS Analytics can help insurance companies use their data proactively to better understand their businesses, detect areas for improvement and take remedial action, as well as forecast ahead and plan more proactively for the future in order to protect and grow their market share, despite difficult conditions. ....
Visual Business Intelligence Tools Improve Sales & Profitability of Enterprise Software Applications
[ Source: Panopticon Software ]
May 2008-
Businesses suffer when their people are unable to make effective use of the data in their Process Support systems. This is a common challenge for firms since their existing BI tools are unable to provide executives and line managers with the ability to comprehend the big picture, identify problem areas, and then drill down into the details in a reasonabale amount of time. Corporations have spent enormous amounts of money over ....
5 Ways Small Insurance Companies Can Increase Efficiency and Compete Successfully with the Giants
[ Source: Optical Image Technology ]
February 2008-
Since the marketing resources and corresponding name recognition of a large insurer are tough to match, the small insurer has to be ready to act quickly when opportunities present themselves to get ahead. Fortunately for them, small insurers are usually more agile and can change directions swiftly. Since fewer people are involved in making major decisions, they can respond more readily to implementing changes after a course of action has been decided upon. In addition, ....
Virtusa’s Insurance Practice Helps Clients Address Inflexible Systems
[ Source: Virtusa Corporation ]
March 2007-
Virtusa’s Insurance Practice concentrates on helping clients address inflexible and redundant systems, poor IT reuse, complex operational support, inefficient projects and highly-complex testing. Virtusa helps leading insurance companies achieve faster time-to-market through a broad range of IT consulting, application development, legacy application modernization, software quality assurance and business process management services.
A Leading Insurance Provider Shortens Time to Market through Rules-based Testing
[ Source: Virtusa Corporation ]
January 2007-
Virtusa conceived an architecture and platform methodology to meet its rapidly-evolving needs and used our software testing methodology to transform the testing of rules-based applications with automated tools. As a result, our client was able to deliver high quality services 30% faster combined with cost efficiencies, by leveraging our global delivery model. Virtusa is now a strategic partner to the company, in recognition of our thought leadership, innovation and outstanding performance.
Standard Bank Seeks to Reap Benefits of Integrated Asset Management (Case Study)
[ Source: Axios Systems ]
October 2006-
The IT team at Standard Bank was concerned about a lack of asset information in the organization, due to the rapid growth and expansion of the bank. They wanted to know exactly what hardware had been bought and what software was installed on this throughout the company. Realizing the benefits that integrated asset management would bring, they looked for the optimum way of achieving this. Altiris was already used as the internal software deployment tool, ....