Telematics is still in its infancy, but its adoption rate is rapidly increasing. Already, the amount of data created by telematics devices is transforming the automobile insurance industry into a big data industry.
This white paper explores the challenges insurers face due to the immense volume and extreme velocity of data generated by these devices. Thankfully, it also offers recommendations for using analytics to help you transform this big data into big opportunity. Read this white paper to find out:
- The four key components of an enterprise data management strategy and why you need one in place, now.
- Why high-performance analytics is essential if insurers are to generate personalized pricing and meaningful risk information.
Why the sheer size of telematics data makes a distributed, in-memory environment crucial to displaying the results of complex analyses.