Remove Analytics Remove Machine Learning Remove Pharmaceuticals
article thumbnail

What is predictive analytics? Transforming data into future insights

CIO

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. from 2022 to 2028.

Analytics 361
article thumbnail

US port strike has CIOs prepping for supply chain implications

CIO

And while analysts expect a somewhat swift resolution to the work stoppage, “CIOs need to stay tuned into what’s happening around the globe and be thoughtful how it might affect their ability to operate,” said Bob McCowan, CIO at Regeneron Pharmaceuticals. Unfortunately, that’s a preemptive measure that must already be in place.”

article thumbnail

Regeneron turns to IT to accelerate drug discovery

CIO

For pharmaceutical companies in the digital era, intense pressure to achieve medical miracles falls as much on the shoulders of CIOs as on lead scientists. Rigid requirements to ensure the accuracy of data and veracity of scientific formulas as well as machine learning algorithms and data tools are common in modern laboratories.

article thumbnail

ODAIA raises $13.8M for its AI-powered commercial insights platform for pharma companies

TechCrunch

Toronto-based ODAIA , an AI-powered commercial insights platform for pharmaceutical companies, has raised $13.8 The platform combines data analysis, process mining and AI to offer predictive analytics to pharmaceutical and life sciences commercial teams. million in Series A funding led by Flint Capital.

article thumbnail

A CIO’s first rule for automation: Have a clear business case

CIO

One of the biggest things I’ve learned is you can’t do automation to the business; you have to do it with the business.” Plus, Adani Electricity this year is continuing with advancements in the areas of distribution management, customer experience, the metering ecosystem, and consumer data analytics, says Tandon. million consumers.

article thumbnail

10 Key Trends of Digital Transformation in Healthcare in 2022

OTS Solutions

At the heart of this shift are AI (Artificial Intelligence), ML (Machine Learning), IoT, and other cloud-based technologies. Modern technical advancements in healthcare have made it possible to quickly handle critical medical data, medical records, pharmaceutical orders, and other data. On-Demand Computing.

article thumbnail

Machine learning development for business

InfoBest

Machine learning development. In the case of companies looking to improve their workflows and to become more digital it is usually machine learning development, a branch of A.I. Machine learning development, compared to more classic A.I., Machine learning development, compared to more classic A.I.,