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Showing posts with the label trends in usage based insurance

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8 Ways to Optimize AWS Glue Jobs in a Nutshell

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  Improving the performance of AWS Glue jobs involves several strategies that target different aspects of the ETL (Extract, Transform, Load) process. Here are some key practices. 1. Optimize Job Scripts Partitioning : Ensure your data is properly partitioned. Partitioning divides your data into manageable chunks, allowing parallel processing and reducing the amount of data scanned. Filtering : Apply pushdown predicates to filter data early in the ETL process, reducing the amount of data processed downstream. Compression : Use compressed file formats (e.g., Parquet, ORC) for your data sources and sinks. These formats not only reduce storage costs but also improve I/O performance. Optimize Transformations : Minimize the number of transformations and actions in your script. Combine transformations where possible and use DataFrame APIs which are optimized for performance. 2. Use Appropriate Data Formats Parquet and ORC : These columnar formats are efficient for storage and querying, signif

Tech Mahindra Launched Big data platform

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Tech Mahindra has announced the launch of Usage Based Insurance (UBI), a big data and predictive analysis driven platform for auto insurers. It allows them to adjust premiums according to actual usage patterns of individual drivers instead of industry averages. UBI Platform The platform is flexible to fit to the growing needs of global insurance enterprises, where the market is expected to grow $100 billion plus by the end of the decade. The solution utilizes the capabilities of Tech Mahindra and AT and T in the areas of multi-vertical, engineering and infrastructure capabilities. As a result of this, the global insurers can reduce their claim costs by up to 20%,while reducing eligible insured driver premiums up to 40%. This Usage Based Insurance solution is hosted on the seamless AT&T cloud and served through AT and T's global Machine-to-Machine (M2M) capabilities. What is usage based insurance This technology is already being used successfully for both car a