Driver for Business Transformation in - Wipro
Driver for Business Transformation in - Wipro
Driver for Business Transformation in - Wipro
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BUSINESS INTELLIGENCE‐ DRIVER FOR BUSINESS TRANSFORMATION IN<br />
INSURANCE INDUSTRY<br />
Why BI?<br />
“There are pa<strong>in</strong>ters who trans<strong>for</strong>m the sun to a yellow spot, but there are others who with the help of<br />
their art and their <strong>in</strong>telligence trans<strong>for</strong>m a yellow spot <strong>in</strong>to the sun “‐ Pablo Picasso<br />
The cubist pa<strong>in</strong>ter was right on the money when he said that with <strong>in</strong>telligence and art one could<br />
trans<strong>for</strong>m a pedestrian yellow spot <strong>in</strong>to a stunn<strong>in</strong>g render<strong>in</strong>g of the sun.<br />
This r<strong>in</strong>gs very true <strong>for</strong> the <strong>in</strong>surance <strong>in</strong>dustry where the ‘brick and mortar’ Policy and Claims<br />
Adm<strong>in</strong>istration systems are <strong>in</strong> place <strong>for</strong> all the <strong>in</strong>surance companies. What sets the truly <strong>in</strong>novative and<br />
efficient companies apart is the way they put the underly<strong>in</strong>g transaction data to use. Efficient and<br />
imag<strong>in</strong>ative use of the data gives remarkable <strong>in</strong>sights <strong>in</strong>to the way the company conducts bus<strong>in</strong>ess and<br />
also provides <strong>for</strong>esight on how the future can be or how bus<strong>in</strong>ess should be conducted <strong>in</strong> the future.<br />
3 | www.wipro.com/<strong>in</strong>dustryresearch<br />
WIPRO TECHNOLOGIES