I attended two insurance conferences in London this month in order to gain insight into what is driving the changes in their business. Insurance companies are all looking at technology as a way to improve the efficiency of their operations, but they all know that technology alone will not make a sufficient impact. Data is an organization’s biggest asset and the ability to use technology to harness that data and gain insights to better serve customer needs is also the key to successfully moving a business forward.
As legalized sports betting expands throughout the United States, the value of game data is growing exponentially. From managers and teams to sportsbooks and media agencies, virtually everyone in the industry now relies on sports data to prosper. In addition, experts predict that in-game betting will quickly become popular in the U.S. Companies that can allow bets on precisely when a goal is scored, who had the assist, and other specific details can increase their profile massively through enhanced fan engagement and the resulting growth in revenue.
From 7 to 9 March, DataArt co-hosted the second HACKNEXT insurance hackathon, where 110 hackers in twenty teams with pioneering digital solutions for the insurance industry competed for first place. The ideas developed ranged from smart contract assistants and well-structured retirement visualization to remarkable bank assurance solutions. Team Xmen, with a micropayment application for retirement, won the 10,000 Euro prize. Workshops and lectures for around 50 non-programming visitors rounded out the insurance hackathon.
Although many people hear the term “artificial intelligence” and immediately picture human-like robots and self-driving cars roaming our communities, AI technology is being implemented in an increasingly expansive range of fields. The video sector is already experimenting with utilizing AI in virtually all aspects of the business, thereby providing an initial glimpse into the potential for a radically different future for the entire industry.
Finding a parking spot can be a nightmare. For locals and tourists alike, parking poses a major challenge in every city, commonly resulting in tremendously frustrating drives around the block over-and-over again searching for somewhere to leave their car.
Throughout the year, the DataArt team participates in various tech industry events. Frequently, we are asked to speak at them, sharing our 21-years of experience in digital transformation programs for clients from finance, retail, healthcare, travel and logistics and beyond.
The National Basketball Association kicked off its 73rd season with the first two games on October 16th. But it made big news in the preseason as the NBA and Turner Broadcasting officially confirmed that fans would be able to purchase a portion of live games to watch on Turner’s B/R Live streaming service, nba.com, and the NBA app.
If you’re a city dweller, you know that parking can be a nightmare. As if the traffic congestion wasn’t enough of an obstacle for arriving at your appointment on time, finding a suitable place to leave your car sometimes takes as long as the commute itself. And with the population of cities continuing to expand, this problem will only get worse without a new approach to this major dilemma.
Following many years of declining revenues, the music industry has finally started growing exponentially, with consumption in the first half of 2018 reaching the highest peak we’ve seen for the past 15 years.