23 November 2020
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Monday, November 23rd
Keep up-to-date with the latest data analytics news in our Monday Digest summary snippets, and get more insight to make your data talk!
Moving healthcare analytics beyond visualisation. Viewing problems in healthcare is only the first step with analytics. Organisations that move beyond descriptive analytics begin to generate real value. To uncover value-generating actions, organisations require diagnostic, predictive, and eventually prescriptive analytics.
- See more on using predictive analytics to improve business planning.
Vizlib advanced analytics enables simple product analysis in Qlik Sense
Shifting enterprise analytics into the cloud. Finally, the migration of enterprise analytics into the cloud has begun. And those businesses leveraging cloud analytics benefit from the speed and agility to remain competitive. Further business advantages include cost savings and the ability to pivot quickly. Discover which areas are the most ready for cloud transformation in this Forbes article.
Towing the finance line with technology. There’s a growing pressure on accounting departments brought on by ever-changing regulatory requirements and the need to provide real-time scenario analysis. Many practitioners are learning to use technology to cope better. And their critical focus areas ideally include: automation, tax technology, collaboration and reporting and analytics. Discover more accounting and tax insights in this CPA Practice Advisor article.
- Fast-track your financial reporting in Qlik Sense with our free writeback demo app.
Write back your financial data without leaving your app with Vizlib’s writeback capabilities
4 tips to kickstart data democratisation. Using data to make decisions is a business imperative. Knowing your business and its processes, and having quality data are two key steps to improve the use of enterprise data. Discover more tips to leverage data usage in this Analytics Insight article.
Mitigating security risks in the oil sector. Technology, such as AI and video analytics, is not only boosting efficiency and revenue in Oil and Gas, but also helping to manage the increase in cyber attacks. Real-time video analytics aids in proactively managing equipment. And AI, in improving data encryption, for instance. Read further in this Analytics Insight article.
And our quote of the day:
“…businesses need the freedom to explore and experiment with data without the burden of lengthy transformations and ETL processes that can add weeks or months for any change to be made. This type of speed and agility is available in the cloud, and the role for CIOs is to identify which workloads in their organizations can yield competitive advantage by taking advantage of a cloud model.” Osama Elkady, Co-Founder and CEO of Incorta
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