Data Driven X platform
Data Driven X (DDX) platform connects OT to Financial institutions by transforming raw machine data from production machines into risk-relevant financial KPIs with end-to-end trustworthiness. By connecting the dots, insurers can unravel new business models to become future-proof. Financial institutions can enhance their portfolio with, IoT-based insurance with individualized premiums, IoT-enabled faster claims processing, real-time risk informed underwriting, and predictive maintenance-backed claim handling.
![](https://assets.new.siemens.com/siemens/assets/api/uuid:5b3c3d63-319d-44c9-b144-51ada780322b/width:100/quality:low/ddx-xcelerator.png)
Data Driven X (DDX) platform connects OT to Financial institutions by transforming raw machine data from production machines into risk-relevant financial KPIs with end-to-end trustworthiness. By connecting the dots, insurers can unravel new business models to become future-proof. Financial institutions can enhance their portfolio with, IoT-based insurance with individualized premiums, IoT-enabled faster claims processing, real-time risk informed underwriting, and predictive maintenance-backed claim handling.