Insurance companies need to adjust their methods for charging for claims in a way that is in line with the current markets. When a company gets hundreds of thousands of records, a system to manage, filter and process those records becomes essential. This is where Big Data comes in. By creating a platform that can quickly analyze large amounts of data, insurance companies can make more effective claims and ensure greater profits.
Truly a sight to see, TrueCar brings L.E.D. (Light Emotion Data) to the Santa Monica Twilight Concert Series. L.E.D. is a crowd-powered intelligent sensory experience that captures real-time emotive information and creatively displays data with a dazzling, interactive LED light show to transform the traditional concert experience.
The growth of the Internet of Things has been a rapid one, to say the least Fast Company describes the wild west of this new frontier as something akin to the wide-eyed optimism and endless possibilities offered by the first push in the Internet’s popularity during the 1990s. The playing field is wide open and one area seeing a lot of attention is the integration of the IoT into transportation.
If there’s one important thing I’ve learned after going on several business (and family) trips in my young adulthood, particularly the ones overseas, it’s the following: there are some devices that I really just needed during our trip. Of course, there are items that are more obvious that you already have with you, such as your laptop, tablet, and anything remotely related to working while on the road. But you knew that already.
At the announcement of the new service, venture capitalist Marc Andreessen — an investor in Lyft — went on a Twitter firestorm extolling the virtues of the service. Never one to hold back, Andreessen called Lyft Line “an archetypal example of how Silicon Valley is going straight at the hard problems.”