Recent news from the world of higher education has been a real mixed bag. There was the feel-good story from Morehouse College, where billionaire tech investor Robert F. Smith shocked everyone with the surprise pledge in his graduation speech to pay the student debt of that school’s class of 2019.
The month before, the news was more sordid, as high-profile celebrities became the public face of a college admissions scandal. The two stories seem starkly different at first glance, but what they have in common is the fact that they shed light on the economic situations faced by students and families when it comes to higher education. These are the types of situations that colleges and universities are using data to try and manage.
So you have a lot of data. And you’ve heard a lot about the importance of being a “data-driven organization.” But your company just can’t seem to connect the dots between the data at hand and making better decisions.
I wrote before about 4 best practices to creating a data-driven culture. But what if your organization doesn’t embrace any of the practices I discussed? Don’t worry – you can become more data-driven. Here are 5 things to focus on to improve your success with gaining insights through data. (more…)
Big data has already become a focal point for professionals in a wide variety of industries. One place where it promises to make a big impact is in healthcare.
Big data and analytics are becoming critical factors in everything from clinical trials to everyday tasks for professionals in the healthcare industry. Let’s examine.
The process of implementing a data analytics solution into an organization can be time-consuming and costly. Once an analytics platform is in place, employees must learn to use the technology. However, it seems the largest stumbling block in the data integration process is not so easily defined.
A surprising development arose from the 2019 Big Data and AI Executive Survey conducted by NewVantage Partners. While many organizations are increasing their investments in analytics, there are many stumbling blocks. And the biggest challenge to analytics success: people.
According to an Ernst & Young survey, more than 90% of healthcare executives were planning to undertake at least one technical adoption project in 2018, with the majority of initiatives directly related to making better use of data. As a result, providers will be exposed to a number of different sales strategies — and they will need to develop the business savvy to choose vendor partnerships that will lead to the best possible outcome for their organization.
Choosing a healthcare analytics tool is a major decision with long-term implications for the success of any provider group. Every health IT selection process must be considered as one part of an overall business strategy that combines input from clinical, financial, executive, and administrative stakeholders. What are the factors that providers need to consider as they evaluate software vendors? Let’s take a look.
B2B payment structures have been thrown into flux by recent developments in transaction technology. Most notably, blockchain algorithms offer a safe and efficient way of trading goods and their recent rise in popularity speaks to their viability in this space going forward.
Blockchain algorithms supplant the role of a central bank or government backing to support the virtual coins that they create. This technology has been a rapidly expanding field for major corporations, especially B2B distributors. A 2018 study found 82 of the Fortune 100 companies have begun researching or investing money into blockchain technology. Mastercard, Visa, and J.P. Morgan have launched blockchain networks to ease B2B transactions, especially cross-border payments. With the technology becoming more available, let’s dive into the benefits of blockchain technology for B2B distributors.
We are all unique individuals. But despite our differences, we share one thing in common: we are all patients. At every stage in our lives, we place our trust in our healthcare system to be there for us to provide safe and quality care. But have you ever experienced a time where you received anything but that?
Many colleges and universities are focused on using data and analytics to help students succeed. But what does that look like in practice?
The answer is different depending on the schools. One thing they have in common, though, is that they rely on data that shows them which classes students are struggling in the most. Here are a few ways institutions of higher education have found success intervening on behalf of students who need help.
Over my last several blog posts on artificial intelligence, I’ve taken a look at the massive upside for distributors that the technology promises. But with these steps forward in business efficiency comes huge steps back in labor and employment.
The robotics and cognitive automation spoken of by Sergi Mesquida will be the largest contributor to job loss for distributors in the future. This label encompasses the robots used in car manufacturing, telemarketing, and the driverless cars threatening the trucking industry. These concerns are existential for many areas of the country and have been garnering serious attention in the upcoming debate for the 2020 election. Let’s take a look at some of these concerns.
Last week I joined my colleagues in Orlando, Florida at HIMSS19. HIMSS19 is the largest healthcare information and technology event in the world, and comparing this event to anything back home in the Netherlands is almost impossible. The only thing that comes close in size to the Orange County Convention Center is the entire “Jaarbeurs,” a convention center of 100,000 square meters in Utrecht.
What did I think of my first visit to HIMSS? Here’s a look.