By The Book Comic

If a few years ago the world was actively discussing “big data” – and the technologies that allow to process it – then 2021, without a doubt, can be called the year of “artificial intelligence”. In Europe, almost all insurance companies use AI to one degree or another. Accounting systems are often built on the basis of IT solutions from SAP, the most popular is the SAP S4 / HANA system with built-in machine learning / AI functions.The use of such technologies by Western insurers is a necessity, because in order to prepare reports in accordance with international IFRS standards, their systems must be able to process huge amounts of data in a short time, or even better – “on the fly”; at the same time, it is desirable to minimize human errors. For such purposes, a research center has been operating for many years https://data-science-ua.com/data-science-outsourcing/ with the support of business and / or the state.