IDC estimates that big data and advanced analytics will be a $200b market by 2020[i] . Revenue from ‘data-driven’ products will double revenue from traditional products for 1/3rd of the Fortune 500 according to New Vantage Partners’ latest executive survey. Fifty percent of the world’s GDP will be digitized within the next three years[ii]. The economy seems fully dependent on data-driven innovation – and companies are investing at break-neck speed. Continue reading Are You Getting Real Value from Analytics? Can You Prove It?
A new collaboration between top-rated data analytics leaders will provide deeper insight into patient health risks – which promises to improve patient experiences while reducing costs. Continue reading New White Paper with Teradata – Risk Scoring: Big Data and Advanced Analytics Further Evolve the Healthcare Model
A small and rapidly growing film company built its success on doing more with data than the competition; however, these analytic capabilities were largely informal. Determined to continue its differentiation through data-driven decisions, the film company sought to scale and extend its analytic capabilities. Initial goals were to achieve greater insight into how past film sales and rental performance correlate to future films and integrating social media data. “Lean” IT meant business users had to feel comfortable managing the data directly. Continue reading Case Study: How an Independent Film Company Empowered Continued Rapid Growth Through Data-Driven Decisions
Editor’s Note: This is the second post in our new series introducing our rockstar summer interns! This post is from Rachel Sholder, Data Science intern for Health and Life Sciences.
I am excited to be working as a Data Science Intern at Knowledgent. I just completed my junior year at Lehigh University in Bethlehem, Pennsylvania, where I am pursuing a Bachelor’s Degree in Mathematics with a Probability and Statistics concentration (along with a minor in Actuarial Science and a minor in Psychology). Continue reading Meet the Interns: Rachel Sholder, Health and Life Sciences Data Science Intern
Our client, a global biotechnology organization, was struggling to perform basic-level analysis and script analysis. They also needed to build patient timelines to understand treatment pathways and disease progression across their product portfolio and areas of interest.
To accomplish these goals, they wanted to use big data analytics to leverage real-world evidence and observational medical outcome information. The insights gleaned from this data would support commercial and clinical operations, medical affairs and, ultimately, expand coverage to drug safety (and resource and learning development). Continue reading Case Study: How a Global BioTech Organization Leveraged RWE to Enhance Commercial and Clinical Operations
Editor’s Note: This week, we’re launching our new series: “Ask the Informationist.” Every month, one of our Informationists will answer relevant and thought-provoking questions on a wide range of topics in data and analytics. Continue reading Ask the Informationist: 5 “New” Types of Advanced Analytics