Workers' Compensation Board of B.C. Using MicroStrategy
MicroStrategy Incorporated announced that the Workers' Compensation Board of British Columbia has deployed MicroStrategy technology to help the agency foster safe working environments across the province. With MicroStrategy, the Board is now able to conduct rapid fire analysis on more than 160,000 employers' safety programs and historical safety records. The resulting insight looks to better target capital resources, help businesses meet government safety regulations, manage reserves, and prevent costly accidents.
The Workers' Compensation Board of British Columbia has a mandate to encourage and enforce safe work places in the province. In order to make better decisions to support this mandate, the Board has assembled a data warehouse containing historical information containing over 2.5 million claims and 8.7 million cost records. Each claim contains valuable data about injuries and their consequences to employees and employers. MicroStrategy's Intelligent E-Business Platform helps the Board to compile reports on all that information- a process that now takes minutes rather than weeks. This provides a consistent and reliable view of the Board's key business drivers while providing greater insight into potential business risks.
"Like any business, we strive to deliver the best services possible to the people we serve," said Colin Murray, risk manager at the Workers' Compensation Board of British Columbia. "MicroStrategy's technology helps us develop the right programs in the right places, and create the safest working environments possible. That's clearly a win for workers in British Columbia and the businesses that employ them."
The Workers Compensation Board of British Columbia is the latest government agency to adopt MicroStrategy's Intelligent E-Business Platform. Other government sector clients capitalizing on their information assets with MicroStrategy technology include the Liquor Control Board of Ontario, the United States Postal Service, the Ohio Department of Education, and the U.S. Department of Housing and Community Development.