Fraudulent insurance claims are one of the biggest preventable losses that hurt insurers worldwide. The P&C segment accounts for the most fraudulent insurance claims, with auto insurance and workers’ compensation making up the biggest percentage of fraudulent claims that annually impact the insurance business. Traditionally, insurers have detected fraud manually. [...]
Customers are demanding new software products that are easily customizable and more functional and capable than the previous edition, which has presented DevOps with new hurdles. Customers desire these things in the present and at a low cost. In contrast to what they demand, software development has historically been beset [...]
Data annotation is one of the principal factors in the development of artificial intelligence (AI) and machine learning (ML). As technology is advancing at a fast pace, almost all industries will need to make use of data annotations to keep up with the trends. The use cases for data annotation [...]
As we transition to a cloud computing architecture, data security and privacy must be given top priority. Data loss or data leakage can negatively affect an organization’s brand, reputation, and customer confidence. Data misuse is possible when multiple organizations share resources. Therefore, it is essential to protect data repositories as [...]
There has been a lot of buzz around decision intelligence (DI) recently. By 2030, 70% of firms, according to McKinsey, would employ decision intelligence in one way or another. Organizations are more likely to be data-driven as the popularity of big data and cloud computing continues to soar. Organizations who [...]
Businesses need to reimagine the what and how of quality when they implement digital at scale. Quality today encompasses more than just functioning; it also includes customer experience and regulatory compliance. The path forward demands reimagining QA to ensure success in digital considering the increasing adoption of DevOps, Agile, [...]
An agile maturity assessment is an exercise/tool to evaluate the current state of agile maturity and check on how successful the agile implementation is in an organization. The Agile maturity model captures the areas for improvement and establishes goals to upscale how your team works to adapt to business [...]
A token is a value that goes securely through the network to process payments without exposing actual card data. Tokenization aims to replace or represent specific sensitive information without compromising its security. The 16-digit payment card account number is replaced with a unique digital identifier, or the “token,” for mobile [...]
A decade ago, getting data was a critical task in every industry. Today, we see data flowing into the organization’s database from everywhere. Organizations can access massive amounts of data from sales, marketing, customer experience, finance, operations, human resources, and other departments. The requirement of today is how to use [...]
In the growing digital landscape, it’s a significant challenge to meet and cope with customer expectations, changing trends, use of technology, and expand the user base for digital applications. Many applications today fail to realize their full potential because they do not consider the complete end-user requirements during the [...]
