Accelerate data movement into the Databricks Data Intelligence Platform to execute analytic workloads, AI and GenAI.

There is a growing recognition that insurers can introduce data, analytics and AI into virtually all of the important insurance functions and workflows, including product development, pricing and risk selection, underwriting, claims management, contact center optimization, distribution management, reinsurance, and understanding and shaping customer journeys. Here are some of the exciting ways insurance companies can put data to work.

As can be inferred from their name, foundation models are the foundation upon which developers build AI applications for tasks like language translation, text summarization, sentiment analysis and more. Models such as OpenAI's GPT, Google's Gemini, Meta’s Llama and Anthropic’s Claude, are pre-trained on vast amounts of text data and have the capability to understand and generate human-like language.

Data management is one of today's most critical business function. Without a solid grasp of what data management entails, organizations can't use data effectively. So, businesses look to ETL developers and data engineers for everything from data processing and management basics to regulatory compliance and the overall processes that help businesses use data to steer organizational decisions.

According to Statista, the market for legacy modernization tools might reach $36.86 billion by 2027. This growth signifies an increasing demand for modernization in organizations worldwide. However, the journey towards modernization isn’t always successful. In fact, nearly three out of four organizations fail to modernize legacy systems effectively. The best legacy modernization tools can help your organization overcome these challenges.

Do you have a ton of data sources and do not know how to expose them? Do you know you need a REST API to expose your Snowflake data but don’t know where to begin to build it? Look no further, DreamFactory can take any database and build a fully documented and secure REST API faster than making a sandwich. All you need is your Snowflake credentials and DreamFactory will handle the rest, instantly generating OpenAPI documentation and securing your API by way of API keys. Follow along with the blog!