Blog, News & Events
Know your solution.
The Internet of Things (IoT) is transforming the insurance space. Though IoT is still in its relative infancy, and though the insurance industry is traditionally very slow to change, many insurers are already jumping on board.
The Internet of Things (IoT) is changing the property and casualty insurance space in a very big way. It’s now possible to capture immense amounts of data on everything from a customer’s driving patterns to their fitness level.
The Internet of Business’ Internet of Insurance Event took place this week in Austin, TX and the Hitachi Solutions team was proud to be there as a Silver Sponsor. It was not your typical conference, but in a good way.
Now that the Big Data hype has slightly eased, data practitioners are realizing that while we can, or do, collect large volumes of data, it is more important to be tactical with the data we are using. But a seemingly new contender for the data spotlight has sprung up: IoT data.