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IT Budgeting Practices for Data-Driven Companies

Smart Data Collective

Companies are investing more in big data than ever before. Last year, global businesses spent over $271 billion on big data. While there are many benefits of big data technology, the steep price tag can’t be ignored. Another overlooked aspect of the IT budget is employee monitoring.

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Data Analytics Solutions To HIPAA Compliance During Quarantine

Smart Data Collective

However, a growing emphasis on data has also created a slew of challenges as well. You can learn some insights from the study Patient Privacy in the Era of Big Data. This is more important during the era of big data, since patient information is more vulnerable in a digital format. Monitor Computer Usage.

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Challenges Data Analytics Can Solve in the Call Center Industry

Smart Data Collective

This is another area where data analytics can be useful. Big data technology helps many organizations facilitate mergers and acquisitions , as Deloitte has pointed out. “very mergers and acquisitions (M&A) decision is driven at least in part by data. Data analytics can also help with compliance.

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Healthcare Transformation Using Cognitive Services

GAVS Technology

The democratization of AI in healthcare, which is being driven by cloud technologies, is leading to greater access and more predictive work in patient monitoring and smarter reactive responses to health issues. Healthcare is often cited as an area that AI can help immensely. About the Author – Srini is the Technology Advisor for GAVS.