In today’s technology world, data generated on a day to day basis from different sources is enormous. This data can have valuable information that can help executives to take effective decisions. Organizations use Business Intelligence (BI) to cater to this but only a proper utilization of business intelligence can help organizations to improve the productivity and ultimately […]

In today’s electronically interconnected world, the amount of data generated by business operations can have an inundating effect on enterprise systems. In this age of connectivity, businesses are flooded by a mountain of data which floods enterprise systems. To tackle this deluge, a number of big data technologies have emerged and businesses have deployed a […]

Advances in the arena of pharmaceutical development have suffered from declining success rates for some time now, due to a number of critical factors such as decreased R&D, as well as multiple challenges to growth and profitability, and the increasing cost of regulatory compliance. But there are a number of bright spots on the horizon, […]

Speculation around the future of retail often tends to drift into visions of drones flying through the skies and delivering packages within minutes of a consumer clicking a few buttons on a site. In this projection, the bricks and mortar retail stores are old fashioned, out of date and a relic of the past. Yet […]

Today, multiple sources are generating loads of data than before, but many still struggle with how to turn this data into actionable business insights. In fact, business leaders report they only use 30 percent of the data that exists within their companies. Historically, users were able to analyse their data using tools such as Microsoft […]

More and more organizations are coming to understand that there are valuable insights hidden in the data which they generate during the course of their work that could transform their business operations. The science of data analysis is growing fast around the world, and it’s becoming more and more predictive in the way that it’s […]

Earlier, pharmaceutical companies would invest in expensive, broad-scale product promotion via lengthy doctor visits. A recent survey suggests that 87% intend to increase their use of analytics to target spending and drive improved ROI. Some of that money is likely to go into monitoring doctors’ therapeutic tastes, geographic trends, peak prescription rates – anything that […]

For all kinds of organizations, whether large multi-national enterprises or small businesses, developing a big data strategy is a difficult and time-consuming exercise. In fact, big data projects can take up to 18 months to finish. While a few within an organization may be very well aware of what Big Data is and what the possibilities of […]

Retail organizations generate massive amounts of data. Strangely enough, not many retail players are putting all this big data to its use. However, a Retail Store Chain did that and with their big data strategy, managed to take a refreshing approach in exploiting that data and deriving value from it. Never have we seen such […]

Over the last five years, there has been a growing understanding of the role that Big Data can play in delivering priceless insights to an organization, revealing strengths and weaknesses and empowering companies to improve their practices. Big data has no agenda, is non-judgmental and non-partisan – it simply reveals a snapshot of activity. Yet […]

Once in a while, a technology comes along that is so disruptive and so unique that it often takes a few years before applications to make the most effective use of that technology are sufficiently developed. So it is with the advent of cloud computing and its application as a service to analyze big data. […]

Traditionally, the claims processing center is an insurance payer’s largest administrative expense. Often, it’s also the most procedurally and technologically encumbered functional area. With economic and regulatory pressures escalating, insurers need solutions that drive the time and cost out of claims processing. Leading payers know they cannot wait for years-long IT projects to deliver the […]