Jesús Barrasa, Senior Solutions Architect, Denodo.
Customer data, claims data, actuarial data, financial data, risk data…etc. Insurance companies want to become better at leveraging wealth of data for real business insights and actions. However how can you leverage it to gain competitive advantage if this data is locked away in technology silos and cannot be accessed in a timely and consumable fashion when needed?
From the IT perspective, Insurance companies are awash with data…historical data, transactional data, legacy data, reference data, unstructured data, external data, and so on.Such data is usually dispersed in different and heterogeneous data sources that cannot be easily managed by many IT departments, even with the application of large infrastructure resources and high costs.
Data Virtualization now lets you address this challenge by combining disparate data sources into a single “virtual” data layer that enables a normalized view of different sources including databases, mainframes, web sources, Hadoop, NoSQL, etc. and delivers this data to users and applications – enterprise, cloud, and mobile apps – in different formats in real-time (or right-time) – without the need to create more replicated data stores.
Insurance organizations deploying Data Virtualization are able to leverage all data – structured, semi-structured and unstructured – quickly and cost-effectively for analytics and operations – unlocking business value through a unified view of ALL data.
If you want to know more, attend this webinar where we will show you 3 cases of Insurance companies that have used Data Virtualization to unlock business value through a unified view of ALL data.