Advanced Analytics

Don’t get caught in the Splunk vs ELK trap

Being able to interrogate data about transactions that take place in your IT applications is critical when you need to ensure performance, availability, security and a desired user experience. Many companies have considered the two choices that are most often discussed, namely Splunk and the Elastic Stack. Both of these choices offer a pathway to [...]

Health Information Governance Strategies for Unstructured Data

Information governance becomes particularly important when exploring the use of unstructured data for healthcare analytics. While electronic health records still have the potential to standardize care by enabling advanced analytics and informing clinical decision-making, much of the data held within these systems – and a large proportion of the data used in conjunction with these [...]

How Businesses Are Using AI and Machine Learning to Leverage Events

How Businesses Are Using AI and Machine Learning to Leverage Events As professionals across disciplines in the healthcare, retail and financial services industries embrace data-driven decision-making and begin to experience the power of precision available at their fingertips, more marketers are turning to artificial intelligence to improve the efficacy of many parts of the sales [...]

Big data: The key to staying competitive in the financial services industry

Big data: The key to staying competitive in the financial services industry In response to this disruption and changing customer expectations, businesses in this sector have realised that in order to thrive in a constantly evolving market, they need to be able to improve their operational efficiencies, detect fraud quicker and more accurately, model and [...]

By |Advanced Analytics, Big Data|

Are You Doing Analytics Or Just Reporting Data?

As HR gets more sophisticated, we need to move beyond accepting a vendor’s claim about built-in analytics and understand exactly what those analytics can and cannot do. The first observation is that for most HR software it would be better to describe the built-in capability as “reporting” rather than “analytics.” Again, reporting is a good [...]

By |Advanced Analytics, Analytics|

Machine Learning Can Help B2B Firms Learn More About Their Customers

Machine Learning Can Help B2B Firms Learn More About Their Customers Much of the strategic focus in the digital economy thus far has revolved around getting better insights into consumers. B2C firms have been the leaders in customer analytics initiatives. E-commerce, mobile commerce, and social media platforms have enabled businesses to better sculpt marketing and [...]

The top 5 trends for digital transformation in 2018

Businesses have had to adjust to new ways of doing things, most of them related to the digital transformation that business, and the world, has experienced in recent years. From artificial intelligence (AI), to blockchain and the Internet of Things (IoT), new digital technologies are having a major impact on business – and that impact [...]

Advanced analytics in hospitality

Advanced Analytics in Hospitality Over the past 20 years, advances in digital technologies have driven numerous innovations and disruptions in the travel industry. These technologies and the companies that offer them have rearranged the industry, leaving some players behind—travel agents, for example—while introducing more complexity into the value chain between travelers and destinations. More recently, [...]

By |Advanced Analytics|

Top 4 Machine Learning Use Cases for Healthcare Providers

Machine learning is generating a lot of excitement amongst healthcare providers, but what are some of the top use cases for these advanced analytics tools As healthcare providers and vendors start to show off more mature big data analytics skills, machine learning and artificial intelligence have quickly rocketed to the top of the industry’s buzzword [...]

Companies Can Gain Strategic Advantage By Leveraging Advanced Analytics

Companies Can Gain Strategic Advantage By Leveraging Advanced Analytics Business data and analytics have come a long way. It has proved to be a boon for companies, and not just for their marketing or sales segments, but for business operations, customer support, and various other functional units. It is analytics that has made it possible [...]

By |Advanced Analytics|