The insurance industry is associated with a high work pace and a large number of daily applications. For insurance specialists, there is a limit on how much work they can handle quickly and effectively, so insurance companies risk losing clients. The best solution is to build an insurance agency software and automate most of the routine processes.
Reliable connections between customers and sales officers are key to a successful business. The most powerful driver allowing salespeople to increase client loyalty is a CRM (Customer Relationship Management) system.
Online businesses have become a normal practice today because they are beneficial both for clients and businesses. Communication channels are the main tools in the eCommerce industry. Earlier, it was a must to have a telephone and a website; then companies moved to mobile apps and messengers. But there’s always room for improvement, so the most recent trend is implementing AI-based chatbots for business.
In the next couple of decades, our society will undergo many changes and will be quite different from what it is today. One significant factor that impacts and transforms various aspects of everyday life is the rapid expansion of the artificial intelligence and robotics industry.
During the last decade, we’ve seen the emergence of many digital systems and new technologies such as the Internet of Things and cloud computing. At the same time, we are witnessing the slowest economic growth in most developed countries since the end of the 19th century. For instance, in the US, the GDP growth fell to 0.4% in the 2010s. Quite a paradox, isn’t it?
The amount of information people face in their everyday life and the volume of data they need to process at work have recently soared. By 2025, the data volume is predicted to reach staggering 163 ZB — ten times what people generate now. When information processing becomes an overreach for the human brain, tools that convert chaotic and patternless data into valuable insights come to the rescue. These tools are Big Data visualization software.
Recently, the volume of information that the human brain has to process has been ratcheting up, and 90% of existing information has been created since 2012. Because of continuous technological development, the volume of information is expected to morph into an information tsunami, and to handle it, numerous data processing software has been developed.
Gartner predicts that by 2018, most business users and analysts will have access to self-service tools to prepare data for analysis as part of the shift to deploying modern BI platforms. Gartner defines Business Intelligence (BI) as an umbrella term that includes the applications, infrastructure and tools, and best practices that enable access to and analysis of information to improve and optimize decisions and performance. BI tools can be used to support operational and strategic decisions, laying out a great visual and statistical basis for them.
Among the multiple data visualization products in the market, there is one solution that certainly stands out – Tableau Software. An application for translating raw data into valuable insights, it has provided an unparalleled user experience for 14+ years. While there are pros and cons of Tableau software, Gartner’s 2017 Magic Quadrant for Business Intelligence and Analytics Platforms rates it as a leader for five consecutive years.