IoT and Insurtech: Revolutionaries of the Insurance World

Posted

The insurance industry is one of the oldest business models around. There are many reasons for its longevity, but the chief reason is that it is incredibly cautious, risk driven and favors experience above innovation. Insurtech aims to wring out efficiency and savings from the incumbent insurance models through this much-feared innovation. It explores areas… Read more »

Can Analytics of Things (AoT) Keep Up?

Posted

McKinsey Global Institute reported that in 2015 there were an estimated 10 billion connected devices globally with a financial impact of $2 trillion. By 2020 the number of connected devices will have increased to 75 billion with a $12 trillion global economic impact. Data Floq reported in October 2016, “The sensor technology behind the IoT… Read more »