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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. As such it can help adopters find ways to save and earn money.

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How Graph Analytics is Helping Improve Personalized Healthcare

CIO

This same solution, graph databases and graph analytics, proved crucial at the height of the Covid-19 pandemic. Why Graph Analytics is Important for Healthcare Hospitals deal with stockpiles of data. As a tool set, graph analytics prioritizes the relationships between the data—an arena where relational databases fall short.

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10 Key Trends of Digital Transformation in Healthcare in 2022

OTS Solutions

Modern technical advancements in healthcare have made it possible to quickly handle critical medical data, medical records, pharmaceutical orders, and other data. In addition, pharmaceutical businesses can generate more effective drugs and improve medical research and experimentation using machine learning.

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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.

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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.”

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Quantori is building an app development platform focused on life sciences

TechCrunch

Life science businesses like big pharmaceutical companies have a singular set of needs when it comes to building applications. They are still building out the platform components, but it will eventually include a discovery engine, a high-performance computing component, data engineering and finally data analytics.

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AI startup Sorcero secures $10M for language intelligence platform

TechCrunch

and Cambridge, Massachusetts, sees increased demand for its advanced analytics from life sciences and technical companies. One of the first things they did was track medical resources and turn them into a hook for pharmaceutical companies. The latest funding round comes as the company, headquartered in Washington, D.C.