Executive Briefings

Health Insurer Benefits from Transformation in Business Intelligence, Analytics

About two years ago, CareFirst BlueCross BlueShield implemented a self-service business intelligence platform to aggregate and analyze vast amounts of data from multiple repositories scattered throughout the company.

The technology, from Palo Alto, Calif.-based QlikTech, was brought in as a supplement to a project management product from CA Technologies. So far, it has saved CareFirst $10m in project costs and helped the health insurer reduce the number of outside contractors it uses by 25 percent.

Activities that used to take up to 18 months are now accomplished in less than two days. Moreover, the project management office no longer has to depend on its centralized analytics team to run BI reports.

Organizations like Maryland-based CareFirst are at the forefront of what analysts say is a dramatic transformation in business intelligence and data analytics practices at many companies.

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Keywords: Business Intelligence & Analytics, Business Process Management, Technology, analytics teams and personnel, new uses for business intelligence

The technology, from Palo Alto, Calif.-based QlikTech, was brought in as a supplement to a project management product from CA Technologies. So far, it has saved CareFirst $10m in project costs and helped the health insurer reduce the number of outside contractors it uses by 25 percent.

Activities that used to take up to 18 months are now accomplished in less than two days. Moreover, the project management office no longer has to depend on its centralized analytics team to run BI reports.

Organizations like Maryland-based CareFirst are at the forefront of what analysts say is a dramatic transformation in business intelligence and data analytics practices at many companies.

Read Full Article


Keywords: Business Intelligence & Analytics, Business Process Management, Technology, analytics teams and personnel, new uses for business intelligence