Data analytics training for an insurance company

Data analytics training for an insurance company

Data analytics training for an insurance company

Within the framework of a bilingual WBT, all employees are to be provided with basic knowledge in the area of data analytics.

Training of approx. 20,000 employees in two languages

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Modules of the WBT can be carried out independently of each other and are reusable

Employees have a basic understanding of data analytics and strive for deeper knowledge development along the curriculum

Challenge

A global reinsurer wants to introduce all employees to the topic of data analytics in the reinsurance sector and thus contribute to the digital transformation. The level of knowledge and practical experience of the employees in the area of data is very heterogeneous.

Solution

A customised curriculum for data analytics is designed with corresponding development stages. A web-based training (WBT) serves as a basic course to familiarise as many employees as possible with data analytics as a topic and to bring it into context with their everyday work. Industry-related examples and varied interactions during the transfer of knowledge maximise the didactic transfer online. The topics are divided into 10 flexible modules.

Result

A 90-minute web-based training on data analytics in the insurance/reinsurance sector delivers easy-to-understand data analytics content in a general context and in relation to their everyday work. Future training elements of the curriculum will build on the basic WBT.

Are you interested in your own use cases?

Challenge

An automotive company would like to visualise various market-specific data in order to create a Competitive analysis for the US market.

Solution

There will be a interactive and Flexible application, including of different maps with two different views implemented.

Result

Relevant markets are identifies, analyses and visualises. The dealer or the respective sales department have the possibility to compare the direct competition with their own product and to visualise the relevant data.

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Smart cooking with Thermomix

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Case Study AI at Munich Re

Data Operations at Munich Re

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Data analytics training for a reinsurer

Data analytics training for a reinsurer

Data analytics training for a reinsurer

Design of several Data Science training modules for beginners and advanced learners, tailored to a specific business area.

Conduct training in 5 countries

The four modules that have been developed are independently feasible and recyclable

Employees have a good understanding of data analytics and data-driven use cases

Challenge

A global reinsurer wants to familiarise all employees with the topic of data analytics in the reinsurance sector and thus advance the digital transformation of its own company. The employees' previous knowledge in the area of data science varies greatly. Company-relevant use cases are to be used as the basis for the practical component of the training.

Solution

Customised trainings from basic to advanced level on the topics of data science and data-driven business models are designed and implemented. The trainings are conducted for different offices in Europe, the USA and Asia.

Result

15 Data Analytics trainings are conducted worldwide. The contents of the training courses are individually tailored to the needs of the company and are reusable. Participants gain an overview of the methods, technologies and procedures in Data Science that are relevant for concrete, company-related use cases.

Are you interested in your own use cases?

Challenge

An automotive company would like to visualise various market-specific data in order to create a Competitive analysis for the US market.

Solution

There will be a interactive and Flexible application, including of different maps with two different views implemented.

Result

Relevant markets are identifies, analyses and visualises. The dealer or the respective sales department have the possibility to compare the direct competition with their own product and to visualise the relevant data.

Our Case Studies

- Get even more detailed insights into our customer projects -

Smart cooking with Thermomix

Smart cooking with the Thermomix

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Case Study AI at Munich Re

Data Operations at Munich Re

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Creating added value from data & AI together

Blog

Discover professional articles on Data & AI as well as the latest industry news.

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Development of a predictive maintenance use case for a federal authority

Development of a predictive maintenance use case for a federal authority

Development of a predictive maintenance use case for a federal authority

The possibility of meeting spare parts requirements for vehicles in the field is to be analysed with regard to Optimisation of warehousing.

Evaluation of the available data basis with regard to predictive maintenance projects

Recommendations regarding data availability to successfully implement predictive maintenance projects

Challenge

A federal agency experiences a large discrepancy betweenbetween actual demand and the stock of spare parts.for their vehicles in decentralised spare parts centres.store. A feasibility analysis is to be carried out to find out whether the need for spare parts through the use of predictive Maintenance predicted and stockpiling thereby can be optimised.

Solution

Development of a data model of the available datasources in close consultation with experts.Integration of external data sources such as weather and landdata, and interpolation of this data in order to apply it to the The system is also capable of transmitting the geo-positions of the vehicles.Development of simple statistical models on a PoC basis, to predict parts failures.

Result

In the federal agency, awareness was raised for the Requirement for data files and their availability achieved for the implementation of data science projects.Exemplary results of the statistical models can be be used to further advance the use case internally.drive.

Are you interested in your own use cases?

Challenge

An automotive company would like to visualise various market-specific data in order to create a Competitive analysis for the US market.

Solution

There will be a interactive and Flexible application, including of different maps with two different views implemented.

Result

Relevant markets are identifies, analyses and visualises. The dealer or the respective sales department have the possibility to compare the direct competition with their own product and to visualise the relevant data.

Our Case Studies

- Get even more detailed insights into our customer projects -

Smart cooking with Thermomix

Smart cooking with the Thermomix

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Case Study AI at Munich Re

Data Operations at Munich Re

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Data & AI Knowledge

Creating added value from data & AI together

Blog

Discover professional articles on Data & AI as well as the latest industry news.

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Order forecasts for spare parts orders

Order forecasts for spare parts orders

Order forecasts for spare parts orders

Using machine learning techniques, a proof of concept was carried out for the creation of order forecasts for volume and express orders of several warehouse areas.

Successful proof of concept and foundation stone for further analyses within 8 weeks

Preparation of 7 different data sources

Calculation of over 20 individual models

Z

Forecast accuracies up to 91%

Challenge

For a logistics company, it is of interest to be able to predict the spare parts orders for volume and express orders in the near future for better control.
A detailed order forecast is to be used, among other things, to derive the personnel requirements.

Solution

Data selection, exploration and preparation of 7 different data sources. Creation of meaningful influencing variables (features) to predict spare parts orders. Calculation of a GBM for each storage area for express orders and a GBM for volume orders.
Produce forecasts on a daily basis for 20 days as well as on time points for 2 days in advance.

Result

Expansion of the forecasts in terms of quality and granularity. Consideration of important influencing variables (e.g. public holidays). Derivation of staffing requirements possible on the basis of the forecasts.

Are you interested in your own use cases?

Challenge

An automotive company would like to visualise various market-specific data in order to create a Competitive analysis for the US market.

Solution

There will be a interactive and Flexible application, including of different maps with two different views implemented.

Result

Relevant markets are identifies, analyses and visualises. The dealer or the respective sales department have the possibility to compare the direct competition with their own product and to visualise the relevant data.

Our Case Studies

- Get even more detailed insights into our customer projects -

Smart cooking with Thermomix

Smart cooking with the Thermomix

Download
Case Study AI at Munich Re

Data Operations at Munich Re

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Data & AI Knowledge

Creating added value from data & AI together

Blog

Discover professional articles on Data & AI as well as the latest industry news.

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Dive into our Best Practices and Industry Exchanges. Discover new dates and recordings of past webinars.

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Learn more about the use of Data & AI in your industry with our white papers, case studies and research.

Retail sales forecast at a food retailer

Retail sales forecast at a food retailer

Retail sales forecast at a food retailer

An automated solution for predicting the sales of any product is being developed and transferred to pilot operation.

Transparent white-box approach for the customer

+

Creation of independence from external provider through in-house solution

High cost savings

Challenge

An internationally active food retailer wants to automate the sales forecasts of its products and introduce an automatically controlled value chain. The software used so far is to be replaced by the development of a solution that can be adopted and further developed internally.

Solution

Forecast models are developed and optimised specifically for certain requirements (e.g. introduction of new products). The procedures are then integrated into an automated process for expansion to any markets and product groups.

Result

The forecasting quality can be increased compared to the software used so far. The process is automated and can be controlled and further improved by the customer.

Are you interested in your own use cases?

Challenge

An automotive company would like to visualise various market-specific data in order to create a Competitive analysis for the US market.

Solution

There will be a interactive and Flexible application, including of different maps with two different views implemented.

Result

Relevant markets are identifies, analyses and visualises. The dealer or the respective sales department have the possibility to compare the direct competition with their own product and to visualise the relevant data.

Our Case Studies

- Get even more detailed insights into our customer projects -

Smart cooking with Thermomix

Smart cooking with the Thermomix

Download
Case Study AI at Munich Re

Data Operations at Munich Re

Download

Data & AI Knowledge

Creating added value from data & AI together

Blog

Discover professional articles on Data & AI as well as the latest industry news.

Webinars

Dive into our Best Practices and Industry Exchanges. Discover new dates and recordings of past webinars.

Whitepaper

Learn more about the use of Data & AI in your industry with our white papers, case studies and research.