Some consider decision optimization to be analytics’ best-kept secret. Even though this technology is based on decades of solid mathematics and has been used as far back as World War II to plan US military operations, it remains hugely underutilized considering the competitive advantage it can
Integrity within social governmental agencies can be a big problem in the digital age. City, state and federal agencies can lose huge sums of money to errors, waste and abuse. Analytics can go a long way in helping these agencies validate claims and minimize the potential for fraud. Having read
Telecommunications companies are losing five percent of their revenue each year to fraud. Fraudsters are after free smartphones, long distance, premium services and confidential customer information resulting in $35 to $40 billion in losses from fraud worldwide.
Detecting and preventing fraud is
RIMAC uses IBM Analytics and IBM Global Business Services to make more money out of the same insurance premiums, while remaining customer-centric and discovering hundreds of millions of dollars in fraud and leakage.
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