AI Articles and Analysis about Business intelligence and analytics

Explore articles and reports related to artificial intelligence for business intelligence and analytics, including applications in forecasting, predictive analytics, text analysis, and more.

Top 3 Most Funded AI Startups in Insurance – An Overview

Top 3 Most Funded AI Companies in Insurance – An Overview

Several key insurance carriers began to experiment with AI in the last decade, including Progressive, All-State, and State Farm. Although not as large as the banking and retail industries, the AI vendor landscape in insurance is growing.

AI Startups for Auto Lending - 2 Well-funded Examples

AI Startups in Auto Lending – 2 Well-Funded Examples

The auto-lending industry stands to benefit from artificial intelligence in much the same way as insurance companies, particularly when it comes to underwriting and risk management. According to Deloitte, nearly $500 billion in new loans and leases are originated annually, and 86% of new car purchases rely on borrowed money. In this article, we discuss how AI startups aim to facilitate different processes within the auto-lending industry, looking to two well-funded startups as examples of what's possible in the space:

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Artificial Intelligence at JPMorgan – Current Initiatives

According to Fortune, JPMorgan Chase is the largest bank in the U.S. and controls over $2 trillion in total assets. In this article, we detail the types of AI research JPMorgan is doing as well as how they are likely to be using their applied AI applications.

Predictive-Analytics

What is Predictive Analytics? – An Informed Definition

Predictive analytics is perhaps one of the most common AI applications used by financial institutions, banks, insurance companies, and healthcare companies. This type of software allows business leaders across these industries to plan for the most probable outcomes in business areas such as credit, loans, and patient health. Predictive analytics software could make predictions about future business events based on typical company experience using historical enterprise data.

Machine Learning for Underwriting and Credit Scoring - Trends and Possibilities

Machine Learning for Underwriting and Credit Scoring – Current Possibilities

The advent of machine learning in finance ushered in a keen interest in using AI to automate processes from fraud detection to customer service. While some use-cases aren’t nearly as established as others, our research leads us to believe that in the coming five years, banks will continue to invest in machine learning for risk-related processes, including underwriting.

Automated Loan Processing and Underwriting – What’s Possible Today

Automated Loan Processing and Underwriting – What’s Possible Today

Automated loan processing and underwriting is not a new concept in the banking and financial services industry. Lenders have consistently faced pressure to reduce the costs and time associated with internal loans processing and turnaround.  

The State of IoT in Insurance – Automotive, Home, and Health

The State of IoT in Insurance – Automotive, Home, and Health

Insurers are looking to leverage all of the digital customer data that is now available to them, including one new data source that some of the largest insurance enterprises claim are actively collecting: real-time data streams from the Internet of Things (IoT).

Artificial Intelligence at McKesson Corporation - AI Initiatives and Investments

Artificial Intelligence at McKesson – AI Initiatives and Investments

McKesson is a large pharmaceutical distributor that delivers health information technology, medical tools and supplies, and care management tools and software to healthcare providers in the United States. The company has been working to incorporate artificial intelligence solutions internally since 2012, but in more recent years they have adopted a few important automation tools. 

Business intelligence and analytics

Explore articles and reports related to artificial intelligence for business intelligence and analytics, including applications in forecasting, predictive analytics, text analysis, and more.