BEFORE: Batch & Summarized Data
AFTER: Real-time & Detailed
Kinetica + AWS for Real-time Claims Management
When damaging weather events occur, an insurer's response can make or break a policyholder's experience and the insurer's bottom line.
In this example, you can see how one insurer gets ahead of potential claims by analyzing how real-time weather events are affecting policies.
Kinetica and AWS provide the components to modernize claims
management using real-time location intelligence.
- Ingest real-time weather events using Amazon Kinesis and Policy data from S3
- Fuse changing weather data with building footprint data in real-time using geo-joins and temporal joins
- Invoke containerized Sagemaker ML models to predict damage, severity, and liability in real-time
- Visualize billions of data points in real-time by sending WMS data to your choice of BI tools using Postgres Wireline
Kinetica: The Database for an Increasingly Risky World
Insurance companies need to make good decisions based on vast quantities of location related data. Kinetica makes it quicker and easier to collate, fuse, and visualize that data for better analysis and more responsive event handling.
Kinetica's lockless architecture, distributed ingestion, and vectorized query enable you to work with numerous sources of spatial and streaming data. Kinetica allows for simultaneous ingest and query, and avoids the need for constant re-indexing and re-aggregations as new data changes the picture.
Advanced Geospatial Capabilities
Kinetica is capable of analyzing billions of objects as they move in real-time. Over 130 geospatial functions, geo-joins, graph solving and matching makes analytics on spatial and time series data at scale easier and faster.
Lower TCO, Faster to Deploy
Kinetica's vectorized capabilities enable analysts and engineers to analyze and deploy systems quicker than ever. Vectorized algorithms allow for simpler data structures, which means less time engineering the data, more flexibility for exploring the data, and lower compute costs.
Book a Demo!
The best way to appreciate the possibilities that Kinetica brings to high-performance real-time analytics is to see it in action.
Contact us, and we'll give you a tour of Kinetica. We can also help you get started using it with your own data, your own schemas and your own queries.