What Is Reference Data and Why Is It Important?

what is reference data and how to use it

There is a lot of data out there, and it can be tough to keep track of it all. That’s where reference data comes in. But, what is reference data? Reference data is a set of data that provides a common point of reference for other data sets. It can be used to help organize and understand information. Keep reading to learn more about reference data and why it is important. Why is reference data important? One of the most important aspects of data governance is the management of reference data.…

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State Farm home insurance and ADT partner up for loss prevention and detection

Home insurance - ADT - Home Security

The insurer recently announced an investment of $1.2 billion into the security company. State Farm recently announced that it has invested $1.2 billion into the ADT Inc security company, for approximately 15 percent equity and a move to support new home insurance advancements. The partnership between the two companies allows the insurer to imagine new forms of coverage. By working with ADT security, State Farm will be looking into ways to innovate the home insurance experience. This could include new applications for Smart Home technology to be applied to property…

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