Majesco, a global provider of cloud insurance platform software, announced the latest release of the Majesco Insurance Data & Analytics Platform which includes several enhancements to Majesco Enterprise Data Warehouse (EDW) and Majesco Business Analytics (MBA) components of the platform.
Read More: Simple Announces Launch of Tax Refund Feature to Automate Savings for Customers
Majesco Insurance Data & Analytics Platform helps insurers turn data into results and delivers relevant information to the right people in real-time. Rich out-of-the-box capabilities allow customers to spend more time on insights and actions and less time on setup. Majesco’s innovative EDW capabilities rapidly unlock insights from multiple internal data sources including policy, billing, claims and distribution, as well as external data sources, traditional 3rd party and innovative data providers, that enable both operational and strategic insights. The solution provides a holistic view of business operations and its pre-built integration with MBA enables insurers to leverage and analyze data that will take their business to the next level.
“Novarica’s research has observed an increased interest in data warehouses and data technologies to gain insights that result in improved operations, optimized digital strategy and better business decisions. BI and data analytics rank as a top priority for business leaders, and CIOs have these efforts in their top 3 initiatives,” says Martina Conlon, Executive Vice President at Novarica. “Despite this, most insurers have implemented only basic capabilities. Robust data technology solutions, like Majesco Insurance Data and Analytics, can enable insurers to rapidly implement a comprehensive data environment to deliver the advanced reporting and analytics that meet the needs of their business.”
Read More: Healthfully and Paya Deliver Expanded Patient Care and Payments Through New Partnership
