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Trends Shaping the Insurance Industry in 2024

Perficient Digital Transformation

This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Leveraging cloud technology for streamlined operations and enhanced scalability.

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Economic Oasis: Revenue Cycle Management Thriving Through Turbulent Times | Blog

Everest Group

These innovations streamline operations, reduce costs, and improve efficiency, ultimately enhancing profitability margins. R1 RCM’s acquisition of Cloudmed in 2022 to advance its revenue intelligence and automation capabilities is one of many examples.

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How Gen AI will revolutionize Telecom Network Operations

Capgemini

How Gen AI will revolutionize Telecom Network Operations Yannick Martel Feb 1, 2024 Facebook Twitter Linkedin The launch of ChatGPT in late 2022 propelled Generative AI to prominence, gaining significant visibility and popularity among both consumers and organizations.

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Unleashing IT Industry Growth Potential with Asset-Based Business Models | Blog

Everest Group

Asset-based models are appealing because they help promote client loyalty, streamline operational costs, expedite market entry, and provide a competitive edge. An asset-centric business model revolves around a strong foundation of digital assets like products and platforms.

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The Battle Unfolds: MGAs as the Next Frontier for InsurTechs, Services, and Technology Providers

Everest Group

Automation, digital platforms, and data and analytics are the most prominent areas that have garnered considerable investment attention during this transformation era. Notably, a growing number of MGAs have harnessed the potential of Artificial Intelligence (AI) and Machine Learning (ML) to optimize operational performance.

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Business Intelligence: What does it mean? And why do you need it?

WebCreek

Data mining is the use of automated analysis to review data and identify certain patterns and irregularities. 55 percent of mobile subscriptions in North America are expected to be for 5G in 2024. Some retail examples of these metrics include store locations, SKUs, time of purchase, employees, and product expiration dates.

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The Future of Payroll: A 2024 Outlook

Paysquare

A payroll management system is a special software that can help businesses by automating and simplifying various payroll procedures, such as the calculation of taxes, benefits, take-home salary of employees, etc. Moreover, integrating payroll with HR systems facilitates better data accuracy and consistency.

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