Creating Ethics Guidelines for Artificial Intelligence (AI) and Big Data Analytics Customers: The Case of the Consumer European Insurance Market

2021 ◽  
Author(s):  
Martin Mullins ◽  
Christopher P. Holland ◽  
Martin Cunneen
Keyword(s):  
Artificial Intelligence ◽  
Big Data ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Insurance Market ◽  
Ethics Guidelines ◽  
European Insurance

The Impact of Innovative Technologies on the Insurance Market Operation

2019 ◽  
Vol 2 (99) ◽  
pp. 6-22 ◽  
Author(s):  
Jerzy Łańcucki
Keyword(s):  
Artificial Intelligence ◽  
Big Data ◽  
Present Article ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Insurance Market ◽  
Innovative Technologies ◽  
Market Operation ◽  
Innovative Products ◽  
The Impact

Innovative technologies are being increasingly used on the insurance market, as well. However, while analyzing and assessing their impact on the market what must be taken into account are not only distributors of insurance services, but also institutions performing regulatory and supervisory tasks, and perhaps above all, customers and consumers. The present article seeks to analyze the conditions, benefits and barriers associated with the application of innovative technologies with special regard to big data analytics, artificial intelligence and the possibility of absorption of innovative products and services by their customers.It has been emphasized that while evaluating the suitability of innovative technologies for the insurance market it is vital to confront product offers provided by insurance undertakings and intermediaries with the expectations, needs and skills of the purchasers of these products.

Predictive Analysis for Digital Marketing Using Big Data

2017 ◽  
pp. 259-283
Author(s):  
Balamurugan Balusamy ◽  
Priya Jha ◽  
Tamizh Arasi ◽  
Malathi Velu
Keyword(s):  
Artificial Intelligence ◽  
Social Media ◽  
Big Data ◽  
Statistical Analysis ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Predictive Analysis ◽  
Cognitive Computing ◽  
Internet Resources ◽  
To Come

Big data analytics in recent years had developed lightning fast applications that deal with predictive analysis of huge volumes of data in domains of finance, health, weather, travel, marketing and more. Business analysts take their decisions using the statistical analysis of the available data pulled in from social media, user surveys, blogs and internet resources. Customer sentiment has to be taken into account for designing, launching and pricing a product to be inducted into the market and the emotions of the consumers changes and is influenced by several tangible and intangible factors. The possibility of using Big data analytics to present data in a quickly viewable format giving different perspectives of the same data is appreciated in the field of finance and health, where the advent of decision support system is possible in all aspects of their working. Cognitive computing and artificial intelligence are making big data analytical algorithms to think more on their own, leading to come out with Big data agents with their own functionalities.

Intelligent Manufacturing Systems Driven by Artificial Intelligence in Industry 4.0

2022 ◽  
pp. 406-428
Author(s):  
Lejla Banjanović-Mehmedović ◽  
Fahrudin Mehmedović
Keyword(s):  
Artificial Intelligence ◽  
Big Data ◽  
Industry 4.0 ◽  
Data Analytics ◽  
Manufacturing Systems ◽  
System Modeling ◽  
Big Data Analytics ◽  
Intelligent Manufacturing ◽  
Intelligent Manufacturing Systems ◽  
Intelligent Decision Making

Intelligent manufacturing plays an important role in Industry 4.0. Key technologies such as artificial intelligence (AI), big data analytics (BDA), the internet of things (IoT), cyber-physical systems (CPSs), and cloud computing enable intelligent manufacturing systems (IMS). Artificial intelligence (AI) plays an essential role in IMS by providing typical features such as learning, reasoning, acting, modeling, intelligent interconnecting, and intelligent decision making. Artificial intelligence's impact on manufacturing is involved in Industry 4.0 through big data analytics, predictive maintenance, data-driven system modeling, control and optimization, human-robot collaboration, and smart machine communication. The recent advances in machine and deep learning algorithms combined with powerful computational hardware have opened new possibilities for technological progress in manufacturing, which led to improving and optimizing any business model.

The Nature of Intelligent Analytics

2021 ◽  
pp. 1-21
Author(s):  
Zhaohao Sun ◽  
Andrew Stranieri
Keyword(s):  
Artificial Intelligence ◽  
Big Data ◽  
Research And Development ◽  
Business Intelligence ◽  
Data Analytics ◽  
Data Science ◽  
Big Data Analytics ◽  
Business Analytics ◽  
Novel Approach ◽  
Advanced Analytics

Intelligent analytics is an emerging paradigm in the age of big data, analytics, and artificial intelligence (AI). This chapter explores the nature of intelligent analytics. More specifically, this chapter identifies the foundations, cores, and applications of intelligent big data analytics based on the investigation into the state-of-the-art scholars' publications and market analysis of advanced analytics. Then it presents a workflow-based approach to big data analytics and technological foundations for intelligent big data analytics through examining intelligent big data analytics as an integration of AI and big data analytics. The chapter also presents a novel approach to extend intelligent big data analytics to intelligent analytics. The proposed approach in this chapter might facilitate research and development of intelligent analytics, big data analytics, business analytics, business intelligence, AI, and data science.

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