"Recently, James Taylor, president of Decision Management Solutions, in cooperation with SourceMedia, published the results of a survey on the use of cloud to support predictive analytics, finding a majority of companies from all industries are enthusiastic about its potential. The insurance industry holds a special place in its heart for predictive analytics. Predictive analytics is all about understanding risk, and enables enterprises to either be alerted to trouble down the road, or to sidestep it altogether. Conversely, predictive analytics means identifying opportunities before they become apparent to anyone else. Recently, Earnix and ISO collaborated on a survey of 269 insurance executives to gauge the adoption of predictive analytics within the industry."
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