Alation
Case Studies
Munich Re's Transformation into a Data-Driven Organization with Innovative Data Lake Platform
Overview
Munich Re's Transformation into a Data-Driven Organization with Innovative Data Lake PlatformAlation |
Analytics & Modeling - Big Data Analytics Platform as a Service (PaaS) - Application Development Platforms | |
Cement Renewable Energy | |
Product Research & Development | |
Cybersecurity Smart Campus | |
Cybersecurity Services Data Science Services | |
Operational Impact
The implementation of the data platform has significantly improved Munich Re's operational efficiency and innovation capacity. The platform has fostered a culture of collaboration and transparency across the company, enabling employees to work more closely together. This has led to the development of new, innovative ideas and products. For instance, the company recently launched a new service product offering a comprehensive cover for wind farms. This product was the result of collaboration between different teams within the company, who combined their knowledge and data to create a unique offering. The platform has also made it easier for employees to test and implement new ideas, further driving innovation within the company. Overall, the platform has served as a catalyst for change within Munich Re, energizing the entire organization. | |
Quantitative Benefit
More than 2,000 employees are now using the platform, enhancing collaboration and knowledge sharing across the company. | |
Over 250 use cases have been executed in a self-service mode by business users on the platform. | |
The platform fetches and updates the NOAA data set, a key external data source, every 30 minutes, making it readily available for analysts. | |