Subject archive for "insurance"

Last week Domino celebrated data science innovators driving breakthroughs in health and life sciences. This week we announce a new slate of innovators in the Financial Services and Insurance edition of the Data Science Innovator’s Playbook, available now as a free download. As before, each of its top data science innovation leaders in the financial services and insurance industries share insights on their work, careers, and the data science profession. The playbook includes seven profiles, the first being of Dr. Tiffany Perkins-Munn.

Who’s doing the most innovative things in data science? Where is the profession going? And most importantly, what can you learn from some of the brightest in the business?

Today’s businesses are investing heavily in data science – spending on software, hardware and services is projected to break the $500 billion mark by 2024, according to IDC. Data science models with machine learning (ML) and artificial intelligence (AI) techniques have proven their worth at forging new revenue streams and upending entire industries. For a model-driven business, new revenue from such use cases can range from hundreds of millions to billions of dollars. At successful companies, leaders have built a well-oiled analytical flywheel to create a steady flow of models that can tap this new gold rush.