Tag Archives: Data Analytics

Recent Chip Crisis and Its Impact in Major Industries – Importance of Chips in Industries

Semiconductor chips widely now as the new oil or gold are made of silicon, which is a strong electrical conductor.  These chips are incorporated into microcircuits, which power wide range of contemporary electronic products and components.  These semiconductor materials are used in all active components, integrated circuits, microchips, transistors, and electronic sensors.  With technological advancements in many industries, semiconductors are literally the "heart" of billions of goods ranging Read more [...]

InsurTech and Insurance Claim Processing – Defining New Business Model in the Insurance Industry

InsurTech is rapidly and silently growing across the insurance industry which will have wider ramifications in the industry in the coming years.  InsurTechis mainly the use of technology innovations to bring higher operating efficiency in the insurance industry.  Most of the major insurance companies have implemented one or other forms of technology which would result in faster enrolment, quicker processing, and reduce the scope for errors in its cycle.  The recent advancement of InsurTech will Read more [...]

Importance of HR Analytics in Organization – Important Metrics in HR Analytics

Analytics is the interpretation of data patterns that aid decision-making and performance improvement.  The concept of Analytics can be widely used in Human Resource (HR) management as well.  HR analytics is a data-driven approach to managing people at work.  HR analytics, also known as people analytics, workforce analytics, or talent analytics, revolves around analyzing people's problems using data collected to answer critical questions about an organization.  The Analytics in HR involves the Read more [...]