Data Services – Readiness / Strategy / Implementation

Data warehouses, data marts and operational data stores are not new to the industry but the approach to establish, governing and managing them is. Today data is not simply a heap of storage but is an asset from which we can glean much information and create actionable findings. Business intelligence is a word oft misused but what it is and how does one get there? Well at Edgewater we see three levels of BI:

 

• Reporting – standard, ad-hoc, multi-dimensional alerts and dashboards
• Base Analytics – multi-dimensional analysis, trend analysis, forecasting, basic data mining and analytical portals
• Advanced Analytics – predictive modeling/analytics, scenario/simulation planning, decision trees, advanced data mining and advanced analytical applications.

The major question is “Where does one start?” and the answer lies in a data readiness assessment; too often we are all too keen to embark on data projects without the correct planning and thought process – forewarned is forearmed. Edgewater technology is pleased to offer a five (5) prong offering to Data Readiness:

  

• Process Alignment
• Business Alignment
• Organizational Alignment
• Data Quality Assessment
• Enabling Technology Alignment

Through Edgewater’s key service offerings we can not only ensure you set off on the voyage correctly we can ensure you arrive safe and sound – whether simple dashboard creation or a complex Life insurance policy administration conversion, we have the right approach, expertise and pedigree to succeed.

 

If you’re interested in finding out more about Edgewater’s Insurance Data Services offerings, contact a member of our Insurance practice at 800-410-4104 or via email at makewaves@edgewater.com.