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What is predictive analytics? Transforming data into future insights

CIO

Hotels, restaurants, and other hospitality industry players can use the technology to forecast the number of guests on any given night in order to maximize occupancy and revenue. The technology helps adopters in fields as diverse as finance, healthcare, retailing, hospitality, pharmaceuticals, automotive, aerospace, and manufacturing.

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IT leaders weigh up AI’s role to improve data management

CIO

Gen AI in practice is a special case of Euronics’ strategy that concerns data and analysis , and the task of those who direct it — the CIO or the CDO — is to understand when to apply it, and when not to. We have a positive effect on sales thanks to the analysis of data on the consumer’s search intent provided by the Criteo platform.”

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How Aster DM Healthcare used federated learning to better secure AI analysis of sensitive data

CIO

Although AI-enabled solutions in areas such as medical imaging are helping to address pressing challenges such as staffing shortages and aging populations, accessing silos of relevant data spread across various hospitals, geographies, and other health systems, while complying with regulatory policies, is a massive challenge.

Learning 368
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Healthcare’s long road to digitization gets an AI boost

CIO

An AI first at Penn The AI-based CT scan analysis system is one of the first to be deployed into a clinical practice, in part because research-driven academic medical practices can build and run their own tools without going through the rigorous process that healthcare product manufacturers face to get approval from the FDA.

Hospitals 505
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What is data analytics? Analyzing and managing data for decisions

CIO

It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. It is frequently used for risk analysis.

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4 Ways Predictive Analytics Will Improve Healthcare

Smart Data Collective

Diagnoses accuracy will improve, and this will occur with the help of predictive algorithms. Algorithms could, potentially, use this information to determine if the patient should be sent home or if the patient is having a heart attack. Changes for Hospitals and Insurance Providers. Diagnoses Accuracy Will Improve.

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Importance of Data-Driven Cybersecurity for Medical Device Companies

Smart Data Collective

This is why hospitals should not use the outdated device for collecting and storing data. Scarily enough, the FDA found that many US hospitals were using outdated medical devices. The hospitals should train their employees on online threats and ways to deal with them. These devices were especially vulnerable to cyber-attacks.

Hospitals 336