Amazon seems to read our minds, often predicting what we want even before we even know it. Predicting customers’ orders is vital to increasing sales while reducing inventory and supply chain costs. Simply put, that is what predictive analysis for e-commerce is all about. Can you risk being wrong-footed when others in the industry are…
Whether you love or hate spreadsheets, we all need them. Spreadsheets have revolutionized data since the 1980s when they were the “new kid on the block.” Every accountant swears by them and business analysts spend hours trying to make sense of the rows and rows of numbers. But, for the human mind, a picture is…
Artificial intelligence (AI) provides actionable solutions to common problems in various industries. It is especially useful in the world of healthcare, as AI is helping to solve a number of roadblocks that the industry has been facing for decades. AI is furthering the goal of more accurately diagnosing patients, providing treatment options with higher success…
Hundreds of hospitals and other healthcare organizations have started to realize the benefits of custom software development. After all, generic healthcare software is incapable of handling the demands of a modern organization, and they create operational inefficiencies that slow companies down. With custom software development, though, healthcare organizations can implement solutions that are tailored to…
In 2019, the national per capita healthcare expenditure in the U.S. was recorded to be about $11,582. This number has been steadily growing over the years. What’s most alarming about this figure is that it’s double what other ‘rich’ countries are spending per person. Surprisingly, this high expenditure does not come with better health outcomes and…
With supply chains becoming larger and more complex, it is becoming more difficult to improve service through a reduced order-cycle time while enhancing inventory availability and reducing operating costs at the same time. Big data is revolutionizing the optimization of supply chain and inventory management by improving visibility. It is telling a compelling story that…
Have you ever gotten caught up on Facebook clicking one after another on the videos and articles it throws up on your page? Or possibly on Amazon where you end up buying something you didn’t even know you needed 10 minutes ago? Many online sites are using predictive analysis to target and retain customers by…
What is enterprise software? Such an application or platform should contain functionalities that enhance the lives of the company’s employees and solve problems across the organization. The enterprise software development process is complex because the developer must understand an enterprise’s needs from top to bottom. The software may have tools to improve the role of…
Despite the introduction of more secure chip technology, credit card fraud is still one of the biggest concerns of banks and credit card companies. After all, fraudsters continually change their tactics to get around any security measures that are put in place. A recent Nilson report projects that global total loss due to credit card…
James and his friends at college love traveling. They travel at least once a year, and they love fast cars. Predictive analysis can tell us they would be interested in car insurance of about $700 a year and that they respond better to instant messaging. If you have never heard of James before, this process…
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