3D printing has become a hot topic in recent years, and is being used in a variety of industries such as healthcare, engineering, architecture, and more. However, there is one key tool that 3D printing relies on that could make or break its future: big data.
Without the existence of this advanced data, some of the functions used in 3D printing would not be possible. But how do big data and 3D printing work together? Let’s examine. (more…)
Many economists say we are overdue for a recession. Despite a low unemployment rate and the economy’s longest expansion on record in the United States, experts in America and the World Bank point to trade wars and other globally financially risky situations as reasons for a dim forecast.
Analytics may not be able to tell you exactly when the economy might shift. However, data can certainly help an organization mitigate the impact of a recession by giving you the right information to better target the right market, save money, and increase profits.
Data analytics is no longer a trend – it is a necessity for organizations to stay relevant in their fields. Big data has been sweeping across every industry, from healthcare to the food and beverage industries, and it has been making analytics skills more and more necessary in every industry it touches.
Data analytics is a segment sure to showcase many fascinating developments in the new year. As businesses harness the power of data analytics, 2020 use cases are both varied and compelling.
Here are five outstanding examples: (more…)
It was not long ago that companies and organizations had to rely on their “gut instincts” and often unreliable data to make decisions big and small.
Now, with the advancement of applications such as big data and business intelligence, companies can incorporate a data-driven culture, optimizing their success in multiple areas. But what does it really mean to be “data-driven?” Let’s examine. (more…)
In the 21st century, ads are getting smarter. The classic approach—trying to get an ad seen by as many people as possible—is no longer the most efficient or effective way to go. There are simply too many messages competing for everyone’s attention.
That’s why so many advertisers have turned their focus towards targeted advertising. By doing some research on potential consumers, businesses can direct their ads solely towards those who are likely to be interested in them. Having access to more customer data by using new methods like image recognition can boost your brand’s marketing and give you a crucial edge over your competition. (more…)
Healthcare interoperability initiatives have been going on for quite some time now, with varying degrees of success. While some interoperability efforts have been successful and are expanding reach, others have shut down completely.
So what is the state of healthcare interoperability in 2019? New England HIMSS examined this topic in its annual HIE Conference – a day devoted to exploring some of the issues around interoperability and health exchanges. Let’s examine some of the takeaways from the event. (more…)
Healthcare organizations know there’s value in data and value in analyzing it. But many times, they don’t know how to practically implement analytics in their organizations to make real change.
Here’s proof: while two-thirds of organizations have an executive dashboard to support strategic decision-making, only one-third of those that have a dashboard use it on a daily basis to make decisions. That means that in aggregate, less than 1 in 4 healthcare organizations leverages its data at an executive level daily.
So how do you move from theory to practice when it comes to analytics? It can be a journey, so it’s important to take it one step at a time. Here are 3 projects that delivered healthcare analytics ROI that you can emulate at your organization. (more…)
Around 2004, the term “Web 2.0” began to take off as a way of describing a foundational shift in the way that users interacted with the Internet. Web 1.0 describes the static interface of the 1990s with its lack of interoperability and sites mostly connected by hyperlinks. This was turned on its head with the rise of sites that were interoperable, easy-to-use, and promoted user content. This transformation, in conjunction with hardware changes like 2005’s iPhone, stimulated the growth of social media sites and apps. (more…)
Many colleges and universities are using higher ed analytics in one form or another, as they figure out how to best improve student performance or the school’s bottom line. For the most part, this is an individual venture on the part of the school, figuring out what data it can use to make a difference on its campus.
The United Kingdom is working on a different approach. It has spent the past year using a national learning analytics service. Institutions in England, Scotland, Wales, and Northern Ireland pool their resources and have opportunities to learn together about how to best use learning analytics. Here’s what collaboration around learning analytics through a diverse group of schools looks like.
As time goes by, we find ourselves exhibiting three behaviors: collecting, letting go, and welcoming change. It’s easy to become a collector and tuck away objects without realizing the inevitable cluttered chaos that will slowly emerge into our lives. We do it at home with knick-knacks that we stuff in our kitchen drawers, and we also do it at work with data that collects and never gets used. Whatever it is that you’re collecting, at some point you recognize that there is simply too much of it and it’s finally time to part ways.
In the Netflix show, “Tidying Up with Marie Kondo,” decluttering professional Marie Kondo talks about the KonMari method of cleansing. She encourages tidy hopefuls to keep “only those things that speak to the heart.” In other words, one should strive to become more mindful as to what they invest their time and dollars into and that we must truly re-think what we welcome into our living spaces. So how can you cleanse and reorganize your organization? Here’s how your team can use the six KonMari rules to tidy up your data.