Smart Data Collective

AUGUST 10, 2021

Big data and analytics technology is rapidly changing the future of modern business. Over 67% of companies spend over $10,000 a year on analytics solutions. Investments in analytics are being made across all major industries. Analytics Becomes Major Asset to Companies Across All Sectors. Bottom line.

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Simplilearn

JUNE 23, 2023

Data analytics has revolutionized the way businesses operate and make decisions in today's digital age. The ability to extract valuable insights from vast amounts of data has opened up a world of possibilities across various industries.

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Smart Data Collective

AUGUST 26, 2021

But if there’s one technology that has revolutionized weather forecasting, it has to be data analytics. In this blog, we’ll delve deeper into the impact of data analytics on weather forecasting and find out whether it’s worth the hype. That’s where data analytics steps into the picture.

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Smart Data Collective

OCTOBER 3, 2023

Healthcare providers are investing more heavily in big data technology, as they strive to deal with growing challenges such as declining operating margins and an increasingly complex regulatory environment. However, many healthcare providers lack the technology or knowledge to use data prudently.

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Smart Data Collective

SEPTEMBER 17, 2020

Data analytics has created new opportunities for employers and workers around the world. However, a growing emphasis on data has also created a slew of challenges as well. One of the biggest issues in healthcare is patient privacy. You can learn some insights from the study Patient Privacy in the Era of Big Data.

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The BAWorld

NOVEMBER 24, 2023

Data Analytics (DA) has evolved as a vital force in shaping the modern world, translating raw data into actionable insights that drive advancement in a wide range of sectors and industries. This indicates that descriptive analytics is focused with comprehending what has previously occurred.

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The BAWorld

DECEMBER 20, 2023

Healthcare is undoubtedly a large domain with multiple subdomains following it. Hence, a proper hierarchy of organizational levels is necessary to function in the healthcare industry. When combining analytics with finance, research, and data analysis, healthcare business analyst comes as a responsible designation.

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The BAWorld

OCTOBER 1, 2023

The US healthcare domain is a complex system that has a rich history, numerous regulations, multiple payment options and is constantly evolving. Gaining a solid understanding of US healthcare knowledge is important because it helps people and professionals navigate this important sector. This is why healthcare costs went up.

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Business Analysis Knowledge Share

NOVEMBER 10, 2023

Introduction In the dynamic world of data analytics , Business Analysts play a crucial role in deciphering complex datasets and deriving valuable insights. As a Business Analyst, select the version that best aligns with your data analytics needs, whether it’s for natural language understanding, data summarization, or other tasks.

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The Data Administration Newsletter

AUGUST 16, 2022

Big data and data analytics have become widely popular across nearly every industry. The information companies and organizations can gather from user data allow them to make improvements to how they operate and the services they provide to benefit their customers.

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Astera

JULY 6, 2023

Automated medical record data extraction tools are revolutionizing healthcare businesses by efficiently extracting and utilizing diagnostic data Diagnostic data serves as the cornerstone for accurate diagnoses, treatment planning, and monitoring of patient progress.

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Smart Data Collective

NOVEMBER 12, 2022

They are highly-skilled individuals that gather and analyze the data to cater to various problems and provide solutions faced by different organizations or even individuals. Data analysts work in many industries and can support companies with focuses ranging from retail to healthcare to IT companies etc.

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Analysts Corner

DECEMBER 21, 2022

The global data as a service (DaaS) market is expected to grow and reach a revenue of US $ 10.7 By 2023 , the big data analytics market is anticipated to reach $103 billion. According to Statistica , by 2025 , the global big data analytics market’s annual revenue is likely to grow to $68.09 billion in 2023.

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Smart Data Collective

AUGUST 11, 2021

Big data has become fundamentally important to the future of cybersecurity. A growing number of companies using data analytics, artificial intelligence and other forms of big data technology to bolster their defenses against cyberattacks. AI and Big Data Are Crucial to Cybersecurity in the Medical Field.

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GAVS Technology

AUGUST 17, 2021

Technology is expected to change the face of healthcare in the next few years. With several recent acquisitions in the healthcare industry, let’s take a quick look at how these are expected to completely transform certain healthcare operations using the best that technology has to offer. Optum’s Acquisition of Change Healthcare.

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Smart Data Collective

APRIL 20, 2023

It doesn’t necessarily matter what role you are taking, whether it be a Data Analytics role or even marketing executive, as you will all likely be working towards the same positive outcomes and goals within the organization. Healthcare Our broken healthcare system is being fixed by people with backgrounds in big data.

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Data Pine

MARCH 8, 2021

Healthcare is one of the world’s most essential sectors. As a result of increasing demand in certain branches of healthcare, driving down unnecessary expenditure while enhancing overall productivity is vital. We’ve delved into the impact of big data in healthcare. What Is Healthcare Reporting?

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Smart Data Collective

DECEMBER 8, 2021

Data security is very important in any industry. You have to take all possible measures to make sure data is properly encrypted and secured. However, data protection is even more important in the healthcare sector. There are special regulations regarding patient data, which you must carefully adhere to.

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Phocas

APRIL 27, 2021

Health analytics is the consolidation and analysis of data in the healthcare industry to support decision-making and make improvements. When used well, healthcare analytics can reduce costs, predict shortage of medicines and improve the general quality of patient life.

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Phocas

OCTOBER 27, 2020

The global healthcare supply chain is complex. With a surge in demand for PPE and other medical products during the pandemic - medical device and equipment suppliers are looking for new ways to drive efficiencies with data and better manage inventory.

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GAVS Technology

SEPTEMBER 8, 2021

The healthcare industry has more information than it can possibly make sense of, and it is likely that this data explosion will only continue to grow with time. So, what’s exactly behind the data overflow that we are seeing in the healthcare industry today?

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Smart Data Collective

FEBRUARY 17, 2021

should be your priority questions if you’ve decided to build custom healthcare software for your medical practice or implement an existing solution. Big data has had a tremendous affect on the healthcare sector. In 2017, the global market for healthcare analytics was valued at $16.9 What are EHRs?

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Smart Data Collective

DECEMBER 17, 2020

Big data is disrupting the healthcare sector in incredible ways. The market for data solutions in healthcare is expected to be worth $67.8 While stories about the sudden growth of big data in healthcare make for great headlines, they don’t always delve into the details.

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Smart Data Collective

NOVEMBER 20, 2022

One example is evident in the actions of the 3D printing community, which also wouldn’t have evolved without advances in AI and big data technology. Throughout the pandemic, one of the major issues confronting the healthcare system was a lack of tests and medical supplies such as Personal Protective Equipment (PPE).

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GAVS Technology

JUNE 17, 2021

A recent analysis from the Office of the Actuary at CMS, reports that the national healthcare spending reached a total of USD 3.8 To curb the mounting expenditures in the healthcare industry, healthcare CXOs are shifting focus to cost optimization strategies. trillion before the pandemic hit the world.

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Analysts Corner

FEBRUARY 23, 2023

They use tools like Excel, SQL, and Python to manipulate and analyse data, and they often work with large datasets. Data analysts may work in a variety of industries, including healthcare, finance, and marketing. Data scientists may work in a variety of industries, including healthcare, finance, and technology.

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Smart Data Collective

AUGUST 22, 2021

Data analytics has been very important for the FDA. They have used big data in many of their regulatory approaches. Big data has been instrumental in the software development process. The FDA has used data analytics technology to streamline their process and drastically reduce the risk of missing anything pertinent.

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Data Pine

OCTOBER 21, 2020

Big data has changed the way we manage, analyze, and leverage data across industries. One of the most notable areas where data analytics is making big changes is healthcare. In this article, we’re going to address the need for big data in healthcare and hospital big data: why and how can it help?

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Smart Data Collective

MARCH 19, 2020

Of course, one of the industries we might expect to see leading the way in AI research and implementation is the healthcare industry. The global market for big data in healthcare is estimated to be worth nearly $69 billion.

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Smart Data Collective

APRIL 13, 2020

They detailed a number of the benefits of using data to improve customer satisfaction. According to their analysis, 58% of brands notice a significant improvement in customer retention after turning to data analytics. How big data is changing the face of customer service. Big data is putting those misconceptions to rest.

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Smart Data Collective

JULY 10, 2019

Big data is changing the nature of healthcare. One of the biggest developments was the implementation of the Medical Information Mart for Intensive Care , which took data from 50,000 patients dating back to 2001. Big data will have an even more profound impact in the near future. How will this revolution be set in motion?

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Smart Data Collective

FEBRUARY 2, 2021

However, some industries have more to benefit from Big Data than others and have reached impressive milestones because data science and data analytics have helped them streamline their operations. Healthcare.

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Astera

JANUARY 23, 2023

The healthcare industry has evolved tremendously over the past few decades — with technological innovations facilitating its development. Billion by 2026 , showing the crucial role of health data management in the industry. and administrative data (insurance claims, billing details, etc.) trillion in 2020, making it 19.7

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Analysts Corner

SEPTEMBER 25, 2023

Healthcare: Researchers and practitioners in healthcare employ regression analysis to model the relationship between patient characteristics, treatments, and outcomes, informing diagnosis, prognosis, and treatment planning.

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Analysts Corner

OCTOBER 17, 2023

Healthcare: In healthcare, correlation analysis can be applied to study the relationships between various health factors, such as lifestyle, diet, and medical conditions. This information can be used to optimize marketing strategies, allocate resources effectively, and target the right audience segments.

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Analysts Corner

OCTOBER 17, 2023

Fraud Detection: Data mining can be used to detect fraudulent activities by analyzing transactional data for unusual patterns or behavior. Healthcare: Data mining can help healthcare organizations analyze patient data to improve patient care, streamline operations, and optimize resource allocation.

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Smart Data Collective

APRIL 11, 2019

Big data is playing a monumental role in economic development in 2019. It is being used in every industry from healthcare delivery to insurance modeling to political science. According to economic analysts, the market size for big data is currently estimated to be $203 billion. Big data is incredibly important in many fields.

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