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What are the Challenges of Applying Machine Learning in Economics and Business?

Analysts Corner

These models do not inherently explain which features influence predictions, limiting their use in business and economics. Regulatory and Compliance Requirements : In industries like finance and healthcare, regulations require that decisions be explainable.

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Critical Components of Big Data Architecture for a Translation Company

Smart Data Collective

Big Data Analytics News has hailed big data as the future of the translation industry. You might use predictive analysis-based data that can help you analyse buying trends or look at how the business might perform in a range of new markets. That’s the data source part of the big data architecture.

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What to Know Before Recruiting an Analyst to Handle Company Data

Smart Data Collective

Data analysts are in demand in nearly every industry nowadays, from sales, marketing, and even healthcare. Skills Sets to Look For When entering into the hiring process for a data analyst there are a few skills that are recommended to look for when narrowing down the pool of options.

Big Data 262
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Health Information Exchanges in Post-Pandemic Healthcare

GAVS Technology

HIE enables electronical movement of clinical information among different healthcare information systems. The goal is to facilitate access to and retrieval of clinical data to provide safer and more timely, efficient, effective, and equitable patient-centered care. This brings us to the important discussion of HIE data models.

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The Benefits of Using a Data Warehouse for Healthcare Data Management

Astera

In the world of medical services, large volumes of healthcare data are generated every day. Currently, around 30% of the world’s data is produced by the healthcare industry and this percentage is expected to reach 35% by 2025. The sheer amount of health-related data presents countless opportunities.

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Future of Power BI | Is it worth learning?

The BAWorld

Healthcare and Pharmaceuticals – Power BI is applied for the patient’s data analysis, tracing treatment outcomes, and resources optimization within the healthcare sector. Responsibilities: Creating basic reports and dashboards, connecting to data sources, and assisting in data modeling.

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Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

Combined, it has come to a point where data analytics is your safety net first, and business driver second. As a result, finance, logistics, healthcare, entertainment media, casino and ecommerce industries witness the most AI implementation and development. These industries accumulate ridiculous amounts of data on a daily basis.