Thatcham Research has invested in its new cloud-based Microsoft Azure data platform, as part of its Automotive Risk Intelligence journey.
This platform will serve as the backbone to its product strategies and the development of its data and analytics capabilities, paving the way for future innovation and growth.
Jonathan Hewett, Chief Executive, said, “It helps us to get ahead of the market impact by forecasting emerging trends and focusing research to deliver a unique fusion of our deep subject matter expertise combined with in-house and external data sources.
“It’s vital we invest in that data. This is why we are looking to new tools and technologies, including advanced analytics, to increase agility, granularity, and speed of insight.
“We are not alone in this shift. Our members and customers have embraced digital as a new way of communicating, packaging products, and adding value through our research.
“While some still want to read weighty hard copy reports, many others need ready facts and insights and to access them in real-time. We want to be able to provide both – depending on needs and requirements.
“Our investment into a modern cloud data platform is one answer to these new needs and will support an expansion in our core capabilities for Thatcham Research data assets – including our just-launched Vehicle Risk Rating system, our ongoing data exchange with vehicle makers, Members and third parties, and our pioneering Automotive Risk Intelligence-powered insurability products.”
