Analytics

News, trends and insights for the field of analytics

Blurring of the lines between payer and provider in a rapidly changing healthcare environment

by George Mathew MD, Rikin Patel and Paul Thompson Recent headlines have been full of news about major healthcare mergers and acquisitions, often involving newcomers to the industry, but also creating a convergence of traditional payer, provider and pharmaceutical benefit management companies. Here are some of the latest examples in the changing healthcare scene: CVS […]

Machine learning is being used right now in these industries

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Machine learning no longer is a “future” technology. Organizations in industries from mining to manufacturing to medicine are using machine learning today to better serve customers, fuel research and product breakthroughs, and transform operations. Here are just a few examples: Mining Artificial intelligence (AI) and machine learning are helping mining companies find minerals more efficiently […]

How to increase data democratization in your enterprise analytics platforms

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It wasn’t that long ago that data was a necessary but costly business byproduct that many companies shelved on leftover and decommissioned hardware, and only because they were legally required to do so. That’s changed, of course. Data’s value has grown exponentially in just the last few years because we’ve found that when you combine, […]

The future of precision medicine is not genomics but digital health

by David Pare What does the term precision medicine mean to you? Typically, people think of precision medicine as being about genomics, but it goes well beyond molecular biology to encompass everything that moves us away from a one-size-fits-all approach to medicine. As far back as 1969, Enid Balint, formerly in charge of the training […]

How regulatory intelligence leads to real-time strategic decision making

by Jared Kimble Data is all around us. It’s created with everything we do. For the life sciences industry, this means data is being collected faster and at a greater rate than ever before. Data takes the form of structured content — from clinical trials, regulatory filings, manufacturing and marketing, drug interactions and real-world evidence […]

Video analytics: What is it, and how can it deliver value?

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Today, advances in technology allow us to capture digital videos through cameras as well as many camera-enabled devices, and petabytes of data are being gathered by these means every day. The challenge, then, is how to get the best possible actionable insight from all this data. This can be achieved through video content analysis (VCA) […]

Embracing analytics is a good start, but it’s not enough

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Nearly three-quarters of large enterprises already have benefited from big data and artificial intelligence (AI) initiatives, according to a survey published early this year in Harvard Business Review. Among those benefits, write co-authors Thomas Davenport and Randy Bean, are better decisions through advanced analytics, better customer service, lower costs, and innovation. However, only about one […]

Five blunders to avoid on your way to the cloud

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The day has finally come to migrate to the cloud. But just a minute, Tex. Let’s do a last minute final review of some of the fundamental mistakes to avoid before you pull the trigger: 1. Leaping into the cloud Some people seem to think that simply shifting to the cloud will magically make IT […]

How airlines and airports can capitalize on underserved travelers

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Travel isn’t a linear experience where you leave home, get to the airport, board a plane and arrive at a destination. It’s a journey that involves multiple segments and there is an opportunity for airlines and airports to realize new revenue growth by connecting the traveler’s “data” dots and delivering exceptional customer experience. If airlines […]

4 reasons insurers need AI to proactively fight fraud

The insurance industry consists of more than 7,000 companies that collect more than $1 trillion in premiums annually, providing fraudsters with huge opportunities to commit fraud using a growing number of schemes. Fraudsters are successful too often. According to FBI statistics, the total cost of non-health insurance fraud is estimated at more than $40 billion […]