Analytics
Top 10 Healthcare Analytics Use Cases & Challenges in 2024
Healthcare-providing companies rely on analytics for clinical, financial, and operational improvement. Statistics suggest that by 2025 the market for health-related analytics will increase to ±$28 billion. We’ve explained before the benefits that healthcare companies gain by applying healthcare analytics, such as reducing analytics cost and improving patients outcomes.
The Ultimate Guide to Customer Intelligence in 2024
We are all customers of different services. Imagine you are facing a problem with a product/ service and want to talk to customer service. You explain the issue but they are reluctant to understand or help. You would probably lose trust in the company and stop interacting with the same brand.
Top companies in AI-powered medical imaging in 2024
Around 75% of all medical malpractice claims against radiologists are related to diagnostic errors. According to research, five factors that are responsible for radiology errors are: AI algorithms can be trained to analyze medical images and identify patterns and abnormalities that may be missed by human eyes.
In-Depth Guide Into Web Analytics in 2024
Web analytics is not a new concept for organizations. It has been a relevant topic for organizations since the mid-90s. Starting with usage patterns, organizations applied analytics and tracked key metrics in their business functions such as sales and marketing. However, modern web analytics tools have stronger capabilities now and they are regulated more stringently.
Top 20 Analytics Case Studies in 2024
Although the potential of Big Data and business intelligence are recognized by organizations, Gartner analyst Nick Heudecker says that the failure rate of analytics projects is close to 85%. Uncovering the power of analytics improves business operations, reduces costs, enhances decision-making, and enables the launching of more personalized products.
Complex Event Processing in 2024: Use cases & Top tools
Some events caused by manual mistakes or glitches, disrupt an organization’s process flow, leading to significant losses. Identifying root causes after these catastrophic results occur does not prevent future events since processes can be impacted in numerous ways.
Self-Service Reporting in 2024: The Ultimate Guide
Self-service reporting tools enable business users direct access to data which leads to a faster access to it, reduced workload for technical personnel, and alignment across different business units, as those units rely on a single source of truth.
How Do Businesses Democratize Analytics With AI in 2024?
AI capabilities such as machine learning, natural language processing and computer vision and to some degree other technologies like AR and VR are poised to augment analytics activities like preparing data and identifying insights.
Demand Forecasting in the Age of AI & Machine Learning [2024]
Businesses face different inventory challenges when they are dealing with supply chains. Especially in the current climate, addressing supply chain issues is paramount. Demand forecasting helps businesses reduce supply chain costs and bring significant improvements in financial planning, capacity planning, profit margins, and risk assessment decisions.
Top 7 AI Use Cases to Transform Retail Businesses in 2024
AI is transforming various industries including retail. We have identified several common artificial intelligence use cases in retail. We grouped these applications by the business unit served by the use case.