The Heat Now Pings From Text Radar October 12 to October 18
October 23, 2012
This week Text Radar published some informative content regarding the practical applications of big data analytic technology and content intelligence in an increasing number of industries.
One example of this can be seen in “Applying Big Data Analytics to Improve Hospital Emergency Departments.” The article discusses how applying analytics to aid financial pressure, clinical quality pressure, service and timeliness pressure, and staffing and skill deployment pressure can make workloads more bearable.
The article states:
“For example, the authors analyzed financial measures, such as total monthly charges, average payment per ED visit, and average work relative value units per ED visit. This information allowed for comparisons on the patient level so outliers could be identified and staff could be educated on better practices. The insightful article may be worth the read if you work in the health care industry.”
Another industry that can greatly benefit from big data analytics is the government sector. “Big Data Can Benefit the Federal Government According to Tech America Foundation” explains how big data analytics can help fight fraud and cut down on waste.
The article elaborates:
“New computer systems to track and identify much larger amounts of data inside a computer cloud are making Big Data analysis with accurate results possible. Along with solving fraud and waste issues, technology experts are counting on the government to embrace this new technology for improvements that target grant fund allocations and services.”
Big data is primarily discussed in developed countries like the United States and Asia, however, it can also be useful in less developed countries. “DataKind and aWhere Show How Big Data is Valuable to Developing Countries” explains how nonprofits, charities, and non-governmental organization are seeking the same benefits from big data that have been found in the private sector.
The article states:
“The article quotes Jake Porway, the head of DataKind, an organization whose goal is to use data for the common good. DataKind frequently hosts events that bring together nonprofits and data scientists working pro-bono. Porway emphasizes that it is not the events themselves that produce the most good for the organizations but that the events bring together people who make long-lasting connections. The article also mentions Dave Lundberg of aWhere, produces a location intelligence platform that integrates agricultural, environmental and public health data into local, actionable insight. For example, using satellite imagery analysis of abandoned swimming pools to draw conclusions that apply to malarial bodies of water in the third world.”
While big data technology is abundant, it is important that organizations find a solution that is the right fit. Smartlogic has provided taxonomy, content classification and search software to many kinds of organizations around the world. Its Semaphore Content Intelligence Platform is affordable and creates an enhanced information management experience.
Jasmine Ashton, October 23, 2012