Participants can only access the assessment and personalized benchmark report with a secure link. Stock analysts attempt to determine the future activity of an instrument. Discover data on new trends, track competitors, and understand your market position with benchmarks by. Stock analysis is the evaluation of a particular trading instrument, an investment sector, or the market as a whole. The end goal of price benchmarking is to closely follow the pricing policy and. Sample categories are data management, business intelligence, data governance, data analysis, and data science.ĭI: How can participating companies be assured that their information is secure?Įckerson: The benchmark data is aggregated, so it's impossible to divine the scores and responses of any individual company. The best benchmarking tool for your business. We have two words for you competitive intelligence. The assessment takes a multi-dimensional view of an organization's data and analytics program, spanning technology, staffing, teams, culture, budgets, and strategic initiatives. We expect some companies will take the assessment every year to gauge their progress, essentially benchmarking against themselves.ĭI: Please provide a brief description of the framework.Įckerson: The assessment framework consists of 12 categories and 44 subcategories of questions. Third, it helps them understand whether they are ahead or behind their competitors.
Second, it helps executives understand whether they have made appropriate levels of investment in data and analytics. This will help data leaders pinpoint where they need invest to stay abreast of changes in the industry. More specifically, companies that offer property and casualty, life and annuities, health, reinsurance, and brokers should consider taking the assessment.ĭI: What types of insights and learnings will the service provide participating companies?Įckerson: First, it will identify capability gaps in people, process, and technology, as well as strengths. It's also a great way to educate data and analytics professionals about best practices, and it makes a great collaborative exercise for team members.ĭI: What kinds of companies are invited or expected to take advantage of the service?Įckerson: Any insurance company that has an enterprise data and analytics team can benefit from the benchmark assessment. One way to do this is to compare their enterprise data and analytics program to an objective yardstick, like an industry maturity model or peers in the insurance industry. Thus, many business and technical leaders want to understand whether they are generating sufficient value from their investments in data and analytics. Performance attribution analysis is a process designed to determine how a portfolio is performing relative to a specific benchmark, and to highlight areas. Research now shows that data-driven companies enjoy a competitive advantage and are positioned to disrupt their industry. DI: Why would a firm want to leverage the service what’s the business imperative?Įckerson: Leading organizations today use data and analytics to drive strategic initiatives, such as digital transformation, customer 360, and intelligent supply chains.
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