In the healthcare industry, surgical capacity management is one of the biggest issues organizations face. Hospitals and surgery centers must be efficient in handling their resources. The margins are too small for waste, and there are too many patients in need of care. Data, particularly real-time data, is an essential asset. But it is only […]
How to Leverage Data Management for Efficient Patient Billing
Better transparency of expenses gives great insights to patients. It also helps healthcare organizations in managing patient billing processes. But how to get this transparency in the system has always been a question for many. After thorough research, I found that proper management of patient data can do wonders for the healthcare sector. Do you want to […]
MongoDB Launches Atlas for Manufacturing and Automotive Initiative
According to a new press release, MongoDB has launched MongoDB Atlas for Manufacturing and Automotive, an initiative aimed at assisting organizations in harnessing real-time data and connected technologies. It is designed to help businesses optimize processes and enhance user experiences with intelligent, connected technology. As the manufacturing and automotive industries undergo a transformation driven by […]
Fundamentals of Real-Time Analytics
In the evolving world of business, the emergence of new technologies is aiding organizations to make agile and accurate decisions. Real-time analytics – which involves collecting and analyzing data as it happens – is one such technology that is changing the business landscape. With superfast identification of trends and patterns, businesses can leverage real-time analytics […]
9 Best Practices for Real-Time Data Management
In the era of digital transformation, data has become the new oil. Businesses increasingly rely on real-time data to make informed decisions, improve customer experiences, and gain a competitive edge. However, managing and handling real-time data can be challenging due to its volume, velocity, and variety. This article will guide you through nine best practices […]
Architecting Real-Time Analytics for Speed and Scale
In today’s fast-paced world, the concept of patience as a virtue seems to be fading away, as people no longer want to wait for anything. If Netflix takes too long to load or the nearest Lyft is too far, users are quick to switch to alternative options. The demand for instant results is not limited […]
Fundamentals of Prescriptive Analytics
Prescriptive analytics uses historical data to find the best course of action for the future. In a way, prescriptive analytics combines elements from both descriptive and predictive analytics to arrive at actual solutions. The increased preoccupation with everything “data” is now a mainstream trend. The analytics market is expected to reach $190 billion in 2023, growing […]
AI and ML to Become Critical for Procurement Teams in 2023
The procurement technology (ProcureTech) industry has come a long way since its humble beginnings. Just think, procurement professionals used basic tools like pen and paper and – at least more recently – long, winding spreadsheets. Today, the sector has transitioned to using highly cutting-edge technologies that drive strategic decision-making. These solutions have created a higher […]
Building a Data Analytics Strategy to Understand Your Supply Chain
We’ve all heard and seen the realities of the increase in shipping rates. In 2021, the domestic shipping rates for moving goods by road and rail in the U.S. was up 23% from 2020. The real problem, though, is that even if you can afford that increase, the product and capacity might not be available. […]
Real-Time Analytics: Examples and Benefits
Technology behemoths like Netflix, Uber, and Meta set the standard for how application users experience data. Users expect data to be integrated into the application, making it easier to find relevant content, track deliveries, provide a spam-free internet experience, and make quick, informed operational decisions. Up until this point, the speed and scale of real-time analytics […]