What if “electronic health records” could become “electronic health oracles” – not just recording the past, but helping to predict and influence the future? Thanks to a proliferation of data, “electronic health oracles” are well on their way to reality. In his book Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or
A week after November’s United States presidential election and Nate Silver was everywhere. Already an established member of the American political commentariat via his blog FiveThirtyEight.com, Silver’s name went into the stratosphere after he correctly predicted the...
The National Security Agency probably isn’t spying on you. It’s just measuring you for risk, according to two experts on the science of predictive analytics and data mining. The NSA’s Prism program, it has now been revealed,...
Today, data is BIG: It disrupts, defines, and determines a spate of outcomes, from elections to medical treatments. Data “embodies a priceless collection of experience from which to learn,” according to Siegel. “Every medical procedure, credit application,...
Analytics and big data are becoming business imperatives. One big element that separates them from unstructured data pools or BI drill-down reports is that analytics can be used to “tell a story,” typically with visualizations. The...
The travel company cuts costs, improves pricing accuracy and speeds page loads. Travel booking and comparison shopping web site Orbitz Worldwide is making a case for hiring staff with math skills. With a statistical analysis, its hotels...
In our world of rising costs and shrinking funds, a rising number of colleges are in real financial trouble. Institutes are deep in debt as they’ve borrowed heavily to fix aging infrastructure, keep up with competitors and...
In the future, doctors will be better able to help us ward off illnesses by analyzing information buried in medical records. That effort will be greatly enhanced by the ability to access electronic medical records in...
Predictive analytics is a hot topic. It has certainly created quite a buzz recently. In fact, a quick look at Google Trends reveals that there has been an over 300% spike in worldwide searches for predictive analytics...
Midsize Insider :: Every department within a midsize business needs for data analysis tools. Whether one is considering IT, sales, customer service, or any other grouping, the collection and interpretation of data can improve products, interaction...
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