Ventiv Resource Library
Issue link: https://ventiv.uberflip.com/i/1097242
Ventiv Analytics™ AI powered BI Ninety percent of the world's data was created in the last two years. The world's data is projected to grow by a factor of 10 in two years. For the risk manager who wants to have more accurate insights into what's happening and will happen at their organization, churning through and drawing meaning from new data sources (both third party and internal) is essential. Fully embedded into Ventiv IRM, Ventiv Analytics is AI-powered advanced analytics, which makes it possible for risk managers to be successful in a new, essential role: data curator. Until 10 or 15 years ago, in the risk and insurance space, it was only carriers, brokers, and underwriters who could afford to deploy the technology and employ the data scientists necessary to make use of advanced analytics. Now, the cost of the software and the computing power necessary to run it have fallen dramatically. The fact is, almost any organization can afford to deploy and benefit from AI-powered advanced analytics. WHAT SETS VENTIV ANALYTICS APART FROM THE COMPETITION? Fully integrated and embedded The latest, most-powerful analytics and reporting capabilities are built into Ventiv IRM. This makes for a seamless user experience, enables true real-time analytics, and ensures unsurpassed security. True real-time analytics Other systems depend on scheduled data-replication to make data available for analysis, discovery, and reporting. Not Ventiv IRM: as soon as data is available in IRM, it is available for analysis, discovery, and reporting within Ventiv Analytics . Explore data conversationally Ask questions of your risk data just like you were making a Google search. Equally important, data exploration and discovery is now an iterative process: risk managers begin with one or a few questions, which lead to insights that prompt other questions, which lead to additional insights and further questions, and on and on. Get instant, understandable data visualizations With Ventiv Analytics, your search results are presented graphically—instantly and automatically in the most readily intelligible format. Maybe it's pie chart, or a spider graph, or a heat map, or a word cloud. You're free to manually select alternate visualizations, too. Smart Data Exploration Find answers you can rely on that others can't find through personalized analytics, statistical insight, contextual recommendations, and user-driven narrative with natural language self-service data discovery. Discover patterns and correlations, then predict outcomes and make them happen. VENTIV IRM | 6