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Optymyze CEO Discusses How To Use Data Analytics To Improve Your Business Processes

Business Analyst Learnings

Set Goals With Your Data Before you use data to make decisions, it's essential to clearly define what you're trying to achieve from an analytical standpoint. For example, if your goal is to reduce costs by 10%, you'll need to focus on finding areas where cost savings can be made.

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Workers’ Compensation Platform Uses Big Data For Better Outcomes

Smart Data Collective

The platform is using big data to determine the risks and benefits of drug therapy. The platform monitors the patient to be able to determine thresholds, when passed, indicate that a person is at “high-risk.” IBM is one of the companies that believes big data is going to have an even bigger role on the insurance industry in the future.

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Leveraging AI and Workflow Automation in Manufacturing

Argon Digital

By integrating AI and automation into various processes, manufacturers can unlock a myriad of benefits, leading to increased efficiency, reduced costs, and enhanced overall productivity. Inventory Management : AI-powered demand forecasting can help manufacturers maintain optimal inventory levels, reducing storage costs and avoiding stockouts.

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Health Data Management | Challenges and Best Practices

Astera

A comprehensive view of patients and relevant medical data allow healthcare providers to prepare care suggestions and counter rising health issues. Reduced costs The national health expenditures for the US healthcare system totaled $4.1 Storing and retaining healthcare records Healthcare data volumes are significantly rising.

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How to Run Successful Predictive Analytics Project for your Business

Marutitech

With the expanding pace of digital changes in business, most analysts are increasingly asking, “What more can we do with data to assist business decisions?” ” Thankfully, there is predictive analytics. Adopting data analytics solutions is a significant milestone in the development and success of any business.

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Advanced Data Analytics for the Smart Retailers

BizAcuity

Supply chain visibility: The capacity to track and monitor individual components, and finished goods from the source till it reaches the consumer is called Supply chain visibility. Current trends show retailers experimenting with emerging technologies like Predictive Analytics and IoT.

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How Data Management and Big Data Analytics Speed Up Business Growth

BizAcuity

Its effective data analytics that allows personalization in marketing & sales, identifying new opportunities, making important decisions and being sustainable for the long term. Competitive Advantages to using Big Data Analytics. It includes data generation, aggregation, analysis and governance.

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