TDWI Audio Report: Semantic and Search Technologies Help BI
One big challenge with predictive analytics, particularly in an industry such as insurance, is working with the large amount of very unstructured data.
Traditional analytic tools in BI, while useful, can only go so far in businesses that have large amounts of unstructured data. The insurance industry, where an estimated 98 percent of data resides in unstructured files, is still in the initial stages of making good use of BI tools. In this interview, Stephen Holcomb, CEO of Full Capture Solutions, talks about why that is, as well as how advances in semantic and search technologies are advancing the use of predictive analytics.
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