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Tag: Analytics

Survey: 95% of Healthcare CEOs Are Exploring Big Data Strategies and Solutions

Survey: 95% of Healthcare CEOs Are Exploring Big Data Strategies and Solutions

 

Survey: 95% of Healthcare CEOs Are Exploring Big Data Strategies and Solutions.

Other key findings include:

  • 89 percent of healthcare CEOs are planning to improve their ability to innovate.
  • 94% plan to alter their customer growth and retention strategies, while 84% plan to alter their channels to market. Few have embarked on these changes, though, let alone completed them.
  • More than four-fifths of healthcare CEOs identified technological advances such as the digital economy, social media, mobile devices and big data as key trends in healthcare transformation.
  • Only 25% have already started or completed the changes they’re planning to make their companies more innovative.
  • Only 33% have altered their technology investments
What Is Hadoop Exactly? A Cynic’s Theory

What Is Hadoop Exactly? A Cynic’s Theory

 

What Is Hadoop Exactly? A Cynic’s Theory.

The thing about Hadoop, per se, is that it’s not a packaged solution by any means. Rather, it’s a complex collection of modules that enable high-quality programmers to leverage massive parallel processing algorithms to do very specific things. But there’s no fancy user interface, and the manuals are brutal.

Add to that challenge this critical hurdle: you also need business people who have at least a general understanding of what it can do. Those folks must be able to conjure up ideas of how it can be used, then communicate to the developers, who must subsequently produce, test, implement and support applications.

Open Source Vendors Blaze a Trail in Advanced Analytics – Enterprise Apps Today

Open Source Vendors Blaze a Trail in Advanced Analytics – Enterprise Apps Today

 

Open Source Vendors Blaze a Trail in Advanced Analytics – Enterprise Apps Today.

Until now, Gartner’s review has tended to focus on the traditional query and reporting capabilities of the various BI vendors. But as data visualization, predictive and prescriptive analysis have risen in popularity and sophistication, there has been a tendency for organizations to deploy multiple tools, for example a full-fledged business intelligence platform from an established vendor supplemented by analytics tools from a startup.

Gartner defines advanced analytics as: “the analysis of all kinds of data using sophisticated quantitative methods (for example, statistics, descriptive and predictive data mining, simulation and optimization) to produce insights that traditional approaches to business intelligence (BI) — such as query and reporting — are unlikely to discover.”

The Magic Quadrant for Advanced Analytics Platforms seems to show companies frequently look to companies other than the traditional BI vendors for advanced analytics capabilities.