Posts tagged healthcare
Inconsistent Definitions Wreak Havoc on Analytics

Everyone who has lived within the world of analytics has seen cases where different parts of a business have made use of slightly differing definitions of core business metrics. Sometimes these differences lead to only minor and non-material disagreement. At other times, the differences in definition can cause massive divergence of reported results and related actions taken. When is the last time your organization took the time to really examine the strengths and weaknesses of the metric definitions being used on a daily basis?

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How Analytics is Evolving Like the Medical Field

It used to be that a doctor was a doctor for the most part. Even a century ago, unless you lived in a large city, people likely had a town doctor who handled most every type of ailment and guided most any type of treatment. Given the limited medical knowledge and lack of sophisticated treatment options during this time, these generalists could often provide a level of care that was comparable to the best available. Today, that is no longer true in medicine and a similar trend is playing out in analytics.

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Cognitive Computing In Healthcare: Early Adopters Of IBM's Watson

IBM’s Watson is one of the most appealing new technologies of the 21st century, and the most prominent example of the new category of “cognitive computing.” It burst upon the scene with a dramatic Jeopardy! win in 2011, and has now been adopted by a variety of business and health care organizations since then. For several months I have been speaking with the firms and organizations that signed on to Watson deals at a relatively early stage. Since most of the earliest adopters of the technology were health care organizations, I’ll focus on that industry in this column.

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A Brief History of Big Data Analytics

I had the opportunity back in June to attend IIA’s CAO Summit in Chicago, where I sat on a panel discussing the topic “Creating an Analytics Culture.” The session was kicked off by Tom Davenport, the recognized ‘guru’ of analytics who has written several books and many articles on the subject. Tom founded the International Institute of Analytics, and I work with him and his team as a lead faculty specializing in Manufacturing for IIA.

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