Analytics Solutions

Data Lakehouse

Powerful Data and Analytics

No aspect of technology is moving faster, with paradigm shifts, than data and analytics technology. At the forefront is the shift from enterprise data warehouse to Data Lakehouse solutions, driven by cloud. Revolutionize your business with the game-changing Data Lakehouse, a vast data repository that collects all the data from Majesco Core, Digital, Underwriting and Loss Control solutions and other 3rd party data in their original format. Experience the power of unified data, analytics, and processing capabilities all in one robust platform that will unlock unprecedented efficiency, agility, and innovation.

Insurance Rich and Specific

Majesco Data Lakehouse is designed specifically for insurance, seamlessly pulling all core, digital, underwriting and loss control data together effortlessly to provide information of strategic import quickly and efficiently.

Insights Unlocked

Unleash actionable insights using Data Lakehouse’s rich data, powerful functionality and intuitive self-service interface, enabling you to surface innovative ideas and accelerate your business.

Effortless Data Access

Expedite data access by leveraging pre-built ETL utilities in Data Lakehouse, aggregating all data sources, both internal and new external ones, into a single, reliable source of truth.

Unified Data Management

  • Leverage powerful analytics capabilities to unlock valuable insights from your insurance data.
  • Surface actionable intelligence to drive strategic business initiatives and optimize performance.
  • Identify trends, patterns, and risks in real-time, empowering you to proactively respond to market dynamics.

Agile Innovation & Scalability

  • Leverage powerful analytics capabilities to unlock valuable insights from your insurance data.
  • Surface actionable intelligence to drive strategic business initiatives and optimize performance.
  • Identify trends, patterns, and risks in real-time, empowering you to proactively respond to market dynamics.

Advanced Analytics & Insights

  • Leverage powerful analytics capabilities to unlock valuable insights from your insurance data.
  • Surface actionable intelligence to drive strategic business initiatives and optimize performance.
  • Identify trends, patterns, and risks in real-time, empowering you to proactively respond to market dynamics.

“Majesco is able to use predictive analytics and artificial intelligence for recommendation. It is helping secure processing data and from several sources so that it can generate recommendations in seconds and also recommend alternative renewals with cost containment recommendations.”

Divya Baranawal, Vice President & Principal Analyst, Quadrant Knowledge Solutions

FAQ

What is Data Lakehouse?

A powerful enterprise data warehouse that enables insurers to rapidly assemble large data sets from internal and external sources and mine them for transformational insights that position them as market leaders.

How does Data Lakehouse leverage internal, external, and unstructured data?

Majesco Data Lakehouse adapts to the growing sources of new data with a flexible business and technical architecture framework. Built on a standard MS SQL Server BI Platform, enabling insurers to be 100% self-sufficient, it is pre-integrated with the Majesco P&C core software portfolio yet is flexible to integrate with other industry software solutions as well.

Why is an insurance enterprise data warehouse crucial for a carrier’s digital transformation?

Data is at the heart of insurance, within the operational data of core systems to the use of 3rd party data integrated for use in pricing, underwriting, claims and more. In addition, new sources of data are emerging that will offer opportunities for new innovative products and personalized use for underwriting – such as IoT. To support this range of data, insurers need a data foundation in place with an enterprise data model and warehouse that automates the process of collecting and organizing data from multiple sources and provides a single source of truth across your enterprise to enable efficient analysis, reporting, and more, to enable your transformation to a digital insurer.

The Future Starts With Majesco