Comments on: LIC’s freaking Insurance Data Warehouse http://subbudu.com/2004/12/lics-freaking-insurance-data-warehouse/ life-u reverse gear-u Thu, 19 Apr 2012 08:47:01 +0000 hourly 1 http://wordpress.org/?v= By: seabuckthorn http://subbudu.com/2004/12/lics-freaking-insurance-data-warehouse/#comment-3364 seabuckthorn Tue, 24 May 2005 23:13:39 +0000 http://lazygeek.net/wp/?p=544#comment-3364 sibu sibu balance seabuckthorn sibu seabuckthorn fruit <a href="http://www.sebunet.com" rel="nofollow">http://www.sebunet.com</a> sibu
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]]> By: Narasi http://subbudu.com/2004/12/lics-freaking-insurance-data-warehouse/#comment-3360 Narasi Thu, 09 Dec 2004 12:27:27 +0000 http://lazygeek.net/wp/?p=544#comment-3360 Hi Geek, Great that LIC is building the DWH. I am just amazed with the size & how its going to happen. But one thing is for sure if they complete & use it in the right way then they are definetely going to service the customers in a more better way & efficiently too.. Also they can provide new schemes, policies according to the changing trends. Cool!!!!! Hi Geek,
Great that LIC is building the DWH. I am just amazed with the size & how its going to happen. But one thing is for sure if they complete & use it in the right way then they are definetely going to service the customers in a more better way & efficiently too.. Also they can provide new schemes, policies according to the changing trends. Cool!!!!!

]]> By: Raj http://subbudu.com/2004/12/lics-freaking-insurance-data-warehouse/#comment-3359 Raj Thu, 09 Dec 2004 03:54:32 +0000 http://lazygeek.net/wp/?p=544#comment-3359 If the Indian govt. sector decides to collect the info abt the customers they hv then we will be no.1 in all aspects bcos of the population we hv.A mighty volume of data is availble to mine in all fields.I am ready to code. If the Indian govt. sector decides to collect the info abt the customers they hv then we will be no.1 in all aspects bcos of the population we hv.A mighty volume of data is availble to mine in all fields.I am ready to code.

]]> By: venkat http://subbudu.com/2004/12/lics-freaking-insurance-data-warehouse/#comment-3358 venkat Tue, 07 Dec 2004 21:46:34 +0000 http://lazygeek.net/wp/?p=544#comment-3358 "Revenue per marketing dollar has shown double-digit growth each year for the past three years... Direct marketing campaign response rates are up dramatically, as high as 40% in some cases – compared to an industry average response rate of 2 – 4%..... A targeted marketing program led to a 51% increase in deposits for Registered Retirement Savings Plans" These are very positive feedback from RBC, the user of TeraData Warehousing Solution, after effectively deploying their CRM strategy around the warehousing solution !!! Hopefully LIC reaps the benefits as well, however, volumes do scare me a bit... “Revenue per marketing dollar has shown double-digit growth each year for the past three years… Direct marketing campaign response rates are up dramatically, as high as 40% in some cases – compared to an industry average response rate of 2 – 4%….. A targeted marketing program led to a 51% increase in
deposits for Registered Retirement Savings Plans” These are very positive feedback from RBC, the user of TeraData Warehousing Solution, after effectively deploying their CRM strategy around the warehousing solution !!!

Hopefully LIC reaps the benefits as well, however, volumes do scare me a bit…

]]> By: Keerthivasan http://subbudu.com/2004/12/lics-freaking-insurance-data-warehouse/#comment-3357 Keerthivasan Tue, 07 Dec 2004 15:01:47 +0000 http://lazygeek.net/wp/?p=544#comment-3357 Yes, there is a Massive scope, actually. But Data inconsistancy is a Monster we will have to defeat. We cannot simply categorize things, as we need to keep extending the exceptional columns. Data Warehousing entire India Inc, would be a task, that if accomplished, there's nothing like it. I will have my son do the programmng for it ;) Yes, there is a Massive scope, actually. But Data inconsistancy is a Monster we will have to defeat. We cannot simply categorize things, as we need to keep extending the exceptional columns. Data Warehousing entire India Inc, would be a task, that if accomplished, there’s nothing like it. I will have my son do the programmng for it ;)

]]> By: Reflex http://subbudu.com/2004/12/lics-freaking-insurance-data-warehouse/#comment-3356 Reflex Tue, 07 Dec 2004 14:38:14 +0000 http://lazygeek.net/wp/?p=544#comment-3356 Recently, I happen to see the speech of Steve Balmer in CNBC TV. He said that we have more scope to computerize ( I dont rem'ber the exact phrase) and only 10% is computerized. So we still have more scope. Recently, I happen to see the speech of Steve Balmer in CNBC TV. He said that we have more scope to computerize ( I dont rem’ber the exact phrase) and only 10% is computerized. So we still have more scope.

]]> By: Prabhu http://subbudu.com/2004/12/lics-freaking-insurance-data-warehouse/#comment-3355 Prabhu Tue, 07 Dec 2004 13:27:05 +0000 http://lazygeek.net/wp/?p=544#comment-3355 IMHO the scope for Indian IT companies is very very huge, and they are still untapped :-( IMHO the scope for Indian IT companies is very very huge, and they are still untapped :-(

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