Strategic advice to leverage new technologies
Technology is at the heart of nearly every enterprise, enabling new business models and strategies, and serving as the catalyst to industry convergence. Leveraging the right technology can improve business outcomes, providing intelligence and insights that help you make more informed and accurate decisions. From finding patterns in data through data science, to curating relevant insights with data analytics, to the predictive abilities and innumerable applications of AI, to solving challenging business problems with ML, NLP, and knowledge graphs, technology has brought decision-making to a more intelligent level. Keep pace with the technology trends, opportunities, applications, and real-world use cases that will move your organization closer to its transformation and business goals.
Insight
In this Executive Update we look at taxonomies and common vocabulary in EA. In particular, we look at whether a common language is necessary for communicating and reconciling critical business issues across a wide variety of stakeholders.
Last January, I discussed important new developments in IBM's Watson natural language-based analytics question-and-answering system (see "IBM Bets the Future on Watson").
Social media, mobile, analytics, and the cloud (SMAC) is a quartet of technologies that builds on the interconnected (and even inseparable) nature of human endeavors. These technologies operate in a much broader and dynamic ecosystem of the business than a singular system. Therefore, Agile appears to be the right glue to bind these technologies together in order to produce value to the business. This Executive Update outlines how balanced Agile ensures the successful utilization of SMAC, as well as a few caveats in its usage.
In this issue on healthcare IT, we explore the field’s potential and examine how we can address the issues and challenges that IT and the healthcare industry face in realizing the promise of healthcare IT.
Enabled with the Internet of Everything (IoE), smart services gather and share information directly with each other through onsite and virtual cloud solutions, making it possible to collect, record, and analyze new data streams faster and more accurately. The emerging IoE is a game changer for healthcare.
In this article, we present the promises and challenges of big data and analytics (BD&A) in healthcare, informed by our observations of and interviews with healthcare providers in the US and European Union (EU). We then provide a set of recommendations for capitalizing on the extraordinary innovation opportunities available through big data.