Data & AI

Risk, client retention and business acceleration through operational efficiency are the three most pressing issues facing the insurance sector – and are actually stymied by the same challenge: No single source of truth. Here’s how 360 views can benefit your firm.

From billion-dollar acquisition programs to national security strategies, federal agencies make hundreds of high-impact decisions each year. Historically, time-consuming manual efforts have been employed in decision support to gather and correlate information, conduct cost effectiveness and risk assessments, and present alternatives to decision makers. Innovative Decisions, Inc. (IDI) has a proven track record of implementing decision support and is now offering an innovative, data-driven decision support solution built on MarkLogic. This solution accelerates decision-making, mitigates risk, and advances adaptability to changing conditions over time.

The reality is that a NoSQL solution can provide data quality that is equivalent or even greater than a traditional relational based approach while still providing for faster, less expensive and more flexible deployments. Here’s how.

The next trend in databases: Multi-model databases. They natively store two or more data models, including combinations of JSON and XML, RDF, graph, and text models — and more importantly, let you search those models.