News

08 Jun 2016

Apara, the only Spanish Enterprise to appear on Gartner’s report “Market Guide for Insurance Fraud Analytics”

The platform dVelox Enterprise is able to improve a 35% on average the detection of the fraud that insurance companies have to face.

Madrid, 8TH June 2016. Apara, intelligent automation of decision making processes technology development leading company, has again been the only Spanish Enterprise to be referenced on the report “Market Guide for Insurance Fraud Analytics” published on March by Gartner. With this, the technology of Apara has now references in more than 15 reports of the consultancy; not only for its outstanding technology in the fraud detection field, but also as a referent in Big Data and Predictive Analytics. 

On the report, Gartner states that the CIOs of Insurance Sector’s companies point big quantities of Data analysis as one of their major challenges, something that, according to the consultancy, has led to an increasing interest in fraud analytic solutions among them. Alternatives able to help them in turn, to approach aspects like cost containment and risk management.

In this scenario, Gartner advocates the insurance companies for position themselves toward solutions able to detect fraud in real time through multiple fluxes of Data. Likewise, the consultancy insists on the importance of the local factor when choosing the most suitable technology, both in the definition of specific fraud indicators of each country and the capacity of the supplier when offering support in their own language. Finally, Gartner encourage organizations to explore the new delivery models “as a service” for this type of solutions.

As a response to this context, Apara counts on dVelox Enterprise, a powerful Predictive Analytics platform devoted to business decision making processes. Thanks to its capacities of automation and self-learning, it facilitates a more efficient decision making based on each action’s ROI and highest probability of success.

Raúl Gómez, CEO of Apara, states that “Data have become the oil of the digital economy and dVelox is the ultimate tool that allows converting these data into value. The goal of Apara is to provide autonomy to business users in order to enable them to use the data they dispose on their decision making process management easily and effectively.  Thanks to this approach, Apara has become a referent in the predictive technology field”.

 

       

      References of Gartner 

  • Market Guide for Insurance Fraud Analytics, 2016 - 8 de Marzo  

  • Hype Cycle for P&C Insurance, 2015 - 8 de Julio

  • Hype Cycle for Life Insurance, 2015 - 6 de Julio

  • Market Guide for Insurance Fraud Analytics,2014- 24 de Noviembre 

  • Hype Cycle for Life Insurance, 2014 - 28 de Julio
                                            
  • Hype Cycle for P&C Insurance, 2014 - 21 de Julio

  • Hype Cycle for Life Insurance, 2013 - 31 de Julio

  • Hype Cycle for P&C Insurance, 2013-  31 de Julio

  • Insurers Adopting Fraud Analytics to Drive Loss Reduction and Competitive Advantage, 2012-11 de Diciembre

  • Hype Cycle for Big Data, 2012- 31 de Julio

  • Hype Cycle for Life Insurance, 2012- 27 de Julio

  • Hype Cycle for P&C Insurance, 2012 – 27 de Julio    

 

 

About Apara

Apara is a company born in 2002 with 100% Spanish capital  as a spinoff of the Quality and Technology Group. More than twelve years of experience in Predictive Analytics and Business Intelligence prove its success. Apara has developed dVelox, the first Spanish business platform regarding Predictive Analytics mentioned by Gartner in more than 15 reports

Apara is a company born in 2002 with 100% Spanish capital as a spin-off of the Quality and Technology Group. More than fifteen years of experience in Predictive Analytics and Business Intelligence prove its success. Apara has developed dVelox, the first Spanish business platform regarding Predictive Analytics mentioned by Gartner in more than 15 reports. 

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