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InsurTech World

| less than a minute read

Unstructured data a brake on AI adoption

80% of modern data unstructured and insurers rarely access more than 10% of data stored in silos from various mergers and acquisitions. 360Retrieve a vital tool to join, access and analyse this data.

That will  not help 

  • GDPR Compliance
  • Fraud detection and prevention
  • Better insights for better decisions
  • A major step towards exploiting AI  
80% of modern data is unstructured, representing a security risk and inhibiting the adoption of advanced technologies “Like the physical universe, the digital universe is large – by 2020 containing nearly as many digital bits as there are stars in the universe. It is doubling in size every two years, and by 2020 the digital universe – the data we create and copy annually – will reach 44 zettabytes, or 44 trillion gigabytes.” – IDC

Tags

ai, gdpr, fraud, big data analytics, insurtech, fintech, regtech