Our client, a financial insurance organization, envisioned having a next-generation data platform to make data analysis and innovation faster, easier, and more streamlined. Our client had previously evaluated big data technologies and wanted to craft a strategy that would make them a “data-driven enterprise.”
As part of this initiative, they sought a technical evaluation of their solution architecture, a cross-organizational readiness assessment, and an impact evaluation of their initial big data analytics use cases. They also needed a tactical action plan and a multi-year implementation roadmap following executive buy-in and plan approval.
Continue reading Case Study: How a Financial Insurance Company Executed a Big Data Strategy to Become a Data-Driven Enterprise
Biotechnology organizations frequently outsource early discovery to multiple contract research organization (CRO) sources, generating massive but loosely structured research files to support scientific discovery of next-generation medicines.
Our client, a large BioTech firm, engaged our big data experts to find a solution to the burgeoning internal demand for this data that also facilitated sustainability. The increasing scale and complexity of their data significantly impeded data acquisition, slowing business momentum. Rapid, easy, and controlled access to data was a strategic imperative; it could not be compromised by the needs of traditional operating models nor technologies.
Continue reading Case Study: How a Large BioTech Firm Enabled Fast and Easy Self-Service Big Data Discovery
Nowadays, it’s hard to find an organization that isn’t using big data in some form or another. But while some organizations are capable of leveraging big data at the highest level of advanced analytics, others are struggling to evolve their big data initiatives into something more useful and competitive than basic reporting and proofs-of-concepts (POCs).
We at Knowledgent believe that advancing big data capabilities is critical for organizations to get the most value out of their data. After all, the higher your level of big data capability, the more effectively you are able to use data to your competitive advantage, and the greater your ROI on your big data investments.
Here are five tips to help you grow and improve your big data capability: Continue reading 5 Tips for Growing Your Big Data Capability
A major Healthcare Payer client was struggling to digest, evaluate and analyze the large data sets required to provide better care management to members. As a long-term objective, our client’s primary goal was clear: to operationalize the ability to quickly ingest data and provide analytics to help grow the business and increase innovation. The organization also sought opportunities to be more descriptive with physicians as related to ICD codes to ensure higher rates of accurate diagnoses.
Continue reading Case Study: How a Healthcare Payer realized $100M ROI on a Hadoop-Based Business Information Architecture
As part of our info2insight service offering, we recently utilized contract semantic analysis to develop a “contract refinery” for a financial services corporation. Our client had a massive repository of indexed, scanned documents that would be processed by off-shore document specialists. We stepped in to help them streamline their processes and improve their system for faster and more accurate indexing and search.
In this video, our Big Data Engineer Arpan Bhattacharya discusses the contract semantic analysis and optical character recognition (OCR) techniques our team used to help a major financial services client revamp their contract management repository and processes.
Continue reading Video Case Study: Contract Semantic Analysis for Financial Services
Believe that big data holds the key to accelerating R&D in the life sciences and healthcare? You’re not alone. Recently, Knowledgent shared insights into how life sciences and healthcare companies are using big data tools and technologies during a free webinar. Titled “Leveraging Big Data in the Life Sciences and Healthcare,” the webinar featured thoughts from Justin Sears, Industry Specialist at Hortonworks, Drew Holzapfel, Executive Director from the Global CEO Initiative on Alzheimer’s Disease, and our very own Tom Johnstone and Chris Young.
Missed the webinar? Watch the video recording of the webinar after the jump.
Continue reading Video: Leveraging Big Data in the Life Sciences and Healthcare Webinar
We are pleased to announce our new Big Data Maturity Assessment, a free, online assessment that helps CDOs, Data Architects, and other data-focused professionals get the insights they need to accelerate big data development in their organizations. Continue reading Want to Know Your Level of Big Data Maturity? Take Our FREE Big Data Maturity Assessment.
This month’s infographic features big data use cases that organizations might find interesting regardless of industry. We decided to focus on industry-agnostic use cases because, based on our experience, some of the best big data innovation happens when organizations look at how the major players in other industries are using big data and think about how they can use similar methods, tools, and/or technologies in their own industries.
Check out the infographic for big data use cases that can be applied in any industry:
Continue reading Infographic: 5 Big Data Use Cases With Cross-Industry Impact
Knowledgent’s Life Sciences team had a great time at Bio-IT World in Boston earlier this month. Bio-IT provides the ideal environment for organizations across the pharmaceutical, clinical, healthcare, and IT industries to share insights and discuss how emerging technologies are impacting research and development. In fact, our very own Chris Young presented with Drew Holzapfel of the CEOi on the potential of applying big data to finding a cure for Alzheimers. (In case you missed it, you can view the slides from their presentation here.)
With significant changes in both technologies and the R&D landscape, Bio-IT was buzzing with a wealth of new information. Here are three of our key takeaways from the event:
Continue reading Event Recap: Three Key Takeaways from Bio-IT World