Many organizations have grown from humble beginnings into substantial players in their industries, all without ever having formalized Data Governance. Eventually, every organization reaches a point where the data and information flows become so complex and unwieldy that something must be done. The following ten signs will help you determine whether Data Governance is something your...Read More
A small team of us at West Monroe Partners recently completed a project for one of the world’s largest insurance brokers and third party claims administrators. The client desperately needed new revenue and claim metrics, but disparate data from disjoint systems prevented them from getting those metrics. The three main types of data that were needed for the metrics were: Revenue Data: From...Read More
Solvency II brings new regulatory requirements for insurance firms operating in the European Union. Solvency II introduces economic risk-based solvency requirements which are more sophisticated and enable more customized ways of estimating capital requirements. These updated requirements will force insurers to revisit their current technology stacks and general approaches for maintaining an...Read More
The term Big Data is getting a lot of attention in technology circles lately, but there is still a lack of clarity over what Big Data really means. Whenever I hear groups of people discuss the topic they are often talking about vastly different scales of problems. Often one person’s notion of big data is completely different and even incompatible with someone else’s. …Read More
In the information technology industry, it is oftentimes a challenge to not get excited about every new shiny new toy that hits the market, want to learn all there is about it and then install it whenever the opportunity presents itself. More often than not, a mentality of always needing the newest technology (in a corporate environment) becomes a detriment to everyone. …Read More
A few of us had the privilege of attending Microsoft’s Worldwide Partner Conference (WPC) in Toronto last month. Themes of the conference? Cloud, Windows 8, and a full refresh of every product line within one 12-month period. It’s quite a huge undertaking, and with the correct execution, it will be a very exciting year.…Read More
The Green Button provides value to Energy Customers in a standard and secure way, and presents several challenges for Utilities.
In September 2011, the U.S. CTO challenged utilities to adopt and drive the Green Button initiative, which provides Customers with a way to receive and use their Energy Usage Information (EUI). By now, several utilities and third party product vendors have adopted and implemented Green Button support and capabilities to address this challenge. …Read More