iBIDS – Cheat sheet

Industry Trends Solution Description Who Do I Sell To?

Migration from fixed cost to variable
iBIDS is a framework for implementing an end-
costs to-end BI solution for Oracle customers. It is • CIO, COO
based on a insurance-specific logical data •Procurement
Improve distribution and client service model; standard and analytic reporting
levels, increasing service efficiency •Manufacturing
templates, dashboard templates, high-end
levels analytic tools, and utilizes a tested •New Product Development
methodological delivery approach that ensures •Sales and Marketing
Ensuring all process are compliant with data integrity and implementation effectiveness.
•Inventory Management
current and new regulatory guidelines
iBIDS includes OLAP drill-down and data-mining •Supply Chain Management
capabilities, as well as ETL, data cleansing and
•VP Customer Service
Pressure to reduce total claims cost heterogeneous connectivity through Oracle’s
industry-leading BI technology platform and TCS’
proven methodologies. Bill of Materials
Oracle Business Intelligence Platform
Key Business Requirements • Comprehensive enterprise-wide BI Oracle Database 10g Enterprise Edition
platform
+ Options:
• Increasing revenue per customer – Data integration and • RAC
• Analyzing demographic and warehousing
geographic information • Partitioning
– Data purity and integrity
• Running targeted marketing • OLAP
programs – Built-in connectivity to • Data Mining
operational data stores
• Reducing losses by identifying • Oracle Warehouse Builder
fraudulent patterns – Advanced OLAP and Data • Diagnostic Pack
• Understanding the customers Mining capabilities
• Tuning Pack
lifetime value model – Integrated with leading BI
• Configuration Management Pack
front-end tools and
Oracle Business Intelligence Enterprise Edition
•Improving claims processing technologies
efficiencies • Interactive Dashboard
• Built on “Think Big - Build Step-By-
• Reducing claims processing Step” philosophy • Delivers
costs • Answers
• Provides end-to-end Single view of
• Upholding brand equity business • Office Plug-in
• Reducing claims leakage • Business process KPI driven • Reporting and Publishing
• Reducing claims processing • Disconnected Analytics
• Rapid Development and Cost
cycle time • Server Administrator
Effective

For more information on this and other NASC Technology Solutions, visit the Fusion Factory at http://ff.us.oracle.com
 iBIDS – Cheat sheet

Elevator Pitch Features Benefits

iBIDS provides insurance providers with a Logical Data Model
• Provides customer segments by
comprehensive BI platform with built-in models, ƒList of Business Entities
reports, templates and analytical capabilities for profitability
managing profitability per customer, reducing ƒKinds of entities – Transactions,
sales and market costs and increases customer References, Dimensions, Facts, Derived • Reduces sales and marketing costs
loyalty. The solution is based on a proven metrics, Aggregations (Snapshots)
manufacturing Data Model coupled with ETL ƒAttributes – Data elements which depict • Improves profitability per customer
tools that help populate the model with unique details of the entity
data. A tested implementation methodology • Helps increase loyalty and improves
enables rapid deployment and increased ROI. ƒRelationships between different business
Insurers can leverage high performance entities customer retention rates
analytics with Oracle’s built in OLAP engine, ƒMetadata - Meanings of data elements,
develop Charts and Reports, and deploy custom usage, sources, transformations • Predictive models for minimizing
Dashboards allowing all levels of management to
visualize predictive models and monitor ƒChanges to data depicting business leakage and processing costs
customer performance by segments helping to processes and metrics
improve customer retention and minimizing • Minimizes reliance on manual
Templates
reliance on manual processes processes
ƒ Standard Reports (Tables, Graphs) –
Repository
Target Account Profile ƒ OLAP Reports (Drill Up/Down, Slice &
1. Medium Size insurance companies Dice)
ƒ Dashboards
2. Individual divisions of large insurance
companies which haven’t invested in BI High End Analysis
solutions
ƒ Data Mining – for Enterprise wide
analysis
ƒ Predictive Models - Budgeting, Planning Contacts and Links
and Forecasting
ƒ Scenario Building –Product
For more information contact:
Configuration Gagandeep Singh:
g.singh@tcs.com
Rule Engine/Mechanism
ƒ to reduce/eliminate data issues Michael Margulies:
michael.margulies@oracle.com
ƒ for data inconsistencies and eliminating
data gaps
ƒ Asset leverage by use of Best Practices
For more information on this and other NASC Technology Solutions, visit the Fusion Factory at http://ff.us.oracle.com