CPCU 500 - Managing Evolving Risks exam 2023 with 100% correct answers

Big Data correct answersSets of data that are too large to be gathered and analyzed by traditional methods. Smart product correct answersAn innovative item that uses sensors; wireless sensor networks; and data collection, transmission, and analysis to further enable the item to be faster, more useful, or otherwise improved. Internet of Things (IoT) correct answersA network of objects that transmit data to and from each other without human interaction. Cloud computing correct answersInformation, technology, and storage services contractually provided from remote locations, through the internet or another network, without a direct server connection. Blockchain correct answersA distributed digital ledger that facilitates secure transactions without the need for a third party. Telematics correct answersThe use of technological devices in vehicles with wireless communication and GPS tracking that transmit data to businesses or government agencies; some return information for the driver. Text mining correct answersObtaining information through language recognition