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Datamatics Global Services Ltd. (DGSL), a global IT, Consulting, BPM, and Data Management Company, today announced that it has won the Market Research Society of India (MRSI) Golden Key Awards. This award is instituted to celebrate and recognize research, and researchers across the industry turned out to be a huge success with 168 entries from 32 organizations across 14 categories.
Datamatics won the top prize in the highly competitive ‘Best Business Impact through Analytics’ category. Datamatics won this award for helping a leading international healthcare and insurance provider to develop a sophisticated rules engine driven by big-data algorithms that would help them to detect fraudulent claims in real-time. The engine leverages Artificial Intelligence and has auto-learning capabilities, which will help it to learn and improve continuously. The client was able to reduce the time and significant efforts and increase the accuracy and precision by more than 10% in the claim adjudication process.
Speaking on occasion, Mr. Sandeep Arora, EVP & Head - Consulting & Advisory Practice, Datamatics said, “The Healthcare and Insurance industry constantly struggles with numerous frauds. The biggest in this is pertaining to fraudulent claims. Estimates indicate that the frauds cost the annual industry losses in billions. Our expertise in intelligent automation technologies, coupled with our Banking & Insurance industry experience, has helped us to deliver the right analytics solution to the client. We are happy to win the MRSI Golden Key Awards in this prestigious category.”
Datamatics is a Digital Technologies, Operations, and Experiences company that enables enterprises to go Deep in Digital to boost their productivity, customer experience and competitive advantage.