Asian shares hit 4-week low before Bernanke speechReuters
Asian shares fell to four-week lows on Friday as investors cooled expectations that U.S. Federal Reserve Chairman …
Article source: http://finance.yahoo.com/news/visionary-integration-professionals-hires-business-121200999.html
NEW BRUNSWICK, NJ–(Marketwire -08/29/12)-
Connotate, the leading provider of solutions that help organizations automate data collection from the Web, today announced it is partnering with Systech Solutions, Inc., a leading provider of business intelligence, to develop new best practices at the intersection of Big Data and digital strategy.
“Systech has deep expertise in applying analytics to reveal business opportunities across the enterprise,” said Arun Gollapudi, CEO and co-founder of Systech Solutions, Inc. “With Connotate, we are now well positioned to apply those capabilities to real-time Web data for making continuous, fact-based decisions to improve client revenue and create value.”
With over 100 clients in key industry sectors, Systech has extended its technology and business capabilities through a powerful partnership network. As the newest member of this network, Connotate will work with Systech to help clients tap into the vast trove of data sources outside the firewall.
“We see tremendous synergy in Systech’s track record for unlocking the value of internal Big Data for clients and Connotate’s ability to deliver real-time data from Deep Web and surface Web sources,” said Keith Cooper, CEO of Connotate. “Systech can now help clients take their digital strategies to the next level by using Connotate to enable more timely and comprehensive analysis of the competitive landscape.”
Connotate and Systech share several key target vertical market segments including financial services, retail, automotive, healthcare and digital media providers. Customers in these markets are using Connotate’s solution today to sharpen their digital strategies in a variety of use cases including competitive intelligence, pricing intelligence, financial intelligence, online advertising creation and spend reporting, credentialing and background check.
About Connotate
Connotate puts the power of Web data monitoring and collection into the hands of the business user. Connotate delivers the scalability, reliability and resiliency necessary to drive strategic value from dynamic, Web sources. With benefits ranging from increased productivity, competitive advantages and dramatic operational cost savings, Connotate’s growing customer list includes global businesses such as McGraw-Hill, Associated Press and Thomson Reuters. Connotate has been named a KMWorld “Trend-Setting Product” for the past seven years. Connotate announced the acquisition of Fetch Technologies in March 2012. For more information, please visit www.connotate.com.
About Systech
Systech Solutions, Inc. is a leading Business Intelligence Services provider, delivering complete and custom solutions / implementations. Systech leverages the power of data and information to eliminate sources of inefficiency in your business process, reducing time and increasing revenue. Founded in 1993, Los Angeles-based Systech Solutions has grown internationally with bases in the United States and in India. This incredible growth story has resulted in Systech being named one of the Fastest Growing Companies in America for two consecutive years by Inc. Magazine. To offer its clients cost-effective solutions, Systech established an Offshore Technology Center as well as Systech Academy in Chennai, India — focused in building quality resources in Data Warehousing, Data Integration and Business Intelligence. For more information, please mail us at info@systechusa.com or visit http://www.systechusa.com/
Article source: http://finance.yahoo.com/news/connotate-systech-partner-leverage-data-123000575.html
FRANKLIN, Tenn.–(BUSINESS WIRE)–
Parallon Business Solutions℠, one of the nation’s leading providers of
best-in-class healthcare business solutions, has received the “Best in
Business Intelligence” Editor’s Choice Award from Computerworld.
Parallon is one of only 10 organizations in the country to be recognized
by the magazine’s editorial panel for enabling better business decisions
through enhanced business intelligence.
Parallon was cited for work conducted within its Business Performance
Group, a business unit that provides revenue cycle services and
consulting to approximately 250 hospitals nationwide, that improves the
usefulness and accessibility of more than 20 key revenue indicators
stored in its Teradata Patient Accounting data warehouse. Based on
client insights, Parallon partnered with developers and consultants from
Pandera, a business intelligence services company in Tampa, Fla., to
create a series of mobile-friendly dashboards that quickly pull data
from a centralized location and translate the information into
easy-to-use summaries and graphic displays that healthcare executives
can then analyze and customize based on specific metrics.
“We listened to our clients’ needs to develop a better way for them to
conveniently retrieve and analyze data,” said Dr. Michael Taylor,
manager of business intelligence at Parallon. “Our dashboards make the
experience easier and more efficient, minimizing the time it may have
taken to review data from several hours to several seconds.”
The award-winning Parallon dashboards streamline the number of metrics
reports on key revenue indicators, centralize the information from
multiple locations and create a more user-friendly and timely experience
for clients. The result is a tool that allows healthcare executives to
analyze changes in a wide variety of performance indicators in one
location, and whenever and wherever needed via iPads and other mobile
devices.
For more information about Parallon Business Solutions, visit www.parallon.net
or call 615-807-8000.
About Parallon Business Solutions
Parallon Business Solutions, LLC, headquartered in Franklin, Tenn., is
committed to transforming the business of healthcare. Over the last 12
years, Parallon’s shared services solutions have been proven in 250
hospitals and 2,000 non-acute care providers across the country. Through
its five business units, Parallon provides revenue cycle and business
process expertise, workforce management solutions, supply chain
services, complete information technology services and purchasing
expertise of HealthTrust Purchasing Group, which serves approximately
1,400 hospitals and 11,000 non-acute care providers. Operating with a
“patients first” philosophy, Parallon has a team of over 21,000 people
dedicated to continuous process improvement through practical,
impact-oriented solutions. Learn more at www.parallon.net.
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Article source: http://finance.yahoo.com/news/parallon-business-solutions-receives-best-143300382.html
The continued pressure for public sector organisations to do more with less means executives must find new ways to create efficiencies across existing areas of service provision.
That requirement sounds straightforward enough but there is a snag, says Kent county council ICT director Peter Bole. Public sector CIOs cannot target the right service areas to address without good business intelligence, which in itself requires good information that can be easily located – and that is no easy task.
The amount of data in all organisations continues to expand. Researcher IDC and technology company EMC report the amount of information created and replicated around the globe was more than 1.8tn gigabytes in 2011. The amount of information is expected to grow by 50 times during the next 10 years.
Sifting and sorting that huge amount of information is becoming harder all the time, providing context to Bole’s call for tools, such as business intelligence, that can help public sector CIOs understand underlying trends.
“Think about what you’re trying to achieve,” says Bole, who suggests the aim in the public sector is often to create knowledge that can help drive service improvement. Organisations, for example, might aim to aggregate and reduce silos of information to a smaller number of consolidated locations.
Such consolidation is often a precursor to the implementation of analytical tools. Data aggregation and business intelligence can help executives collate knowledge and identify trends, but only if the requirement for service improvement is well defined.
“To make money go further, identify sections of the community that really benefit from your services and use business intelligence to make sure citizens are receiving the benefits,” says Bole. “Services must be more tailored – organisations should aim to move away from a broad-brush approach, and use business intelligence to understand where the demand for services really resides.”
Bole gives the example of a small number of families in each local authority who have higher than average requirements for access to public services from a broad range of agencies. Understanding the specific needs of each family through business intelligence, and tailoring services accordingly, would help improve quality and reduce costs.
Work continues in other areas of information management, too. Bole is about to implement Collaborative Planning, Advanced Business Solutions’ budgeting and forecasting system. Allied to other business intelligence technology, the system will allow Bole and his colleagues to make smarter spending decisions. “It’s about trying to harness more of the information the council has on its systems to improve operational efficiency,” he says.
Bole also recognises the importance of security, which he says must be an underlying concept for all information management strategies. CIOs have distinct requirements under the Data Protection Act and other areas of associated legislation. Such requirements are clearly understood by Steve Fraser, a relationship partner at accountant Monahans.
He splits his time between advising clients and managing the firm’s internal IT systems and is currently concentrating on the development of a new technology strategy for his firm. Fraser’s work leads him to suggest IT professionals in his own business, and at client organisations, must prioritise information security as they seek to develop more intelligent forms of analytics.
“Data is everything – information really is the most valuable commodity of the modern organisation,” says Fraser. “People won’t steal your money, they’ll steal your data instead.” Data security, and the requirement to stay in-line with an ever-increasing range of rules and regulation, must be core to the public sector CIO’s strategy for information governance.
Bill Limond, CIO at the City of London, says IT leaders need to pay attention to organisational standards. “You have to have common data definitions and that takes an awful lot of effort,” he says. “You must be able to deal with issues around compliance and report across the broad spectrum of concerns. “
Creating an information management governance board can help. Limond warns that organisations tend to lose control if they do not put the right type of information governance in place. His own experience leads him to conclude that good business intelligence really does require senior level buy-in.
“The CIO has to be strategic,” says Limond “There’s a lot of choice and it’s giving IT leaders more options with regards to flexibility and capability. We’re in a fast-moving world.” Not that the City is shying away from change. Limond says the organisation is helping employees to share business intelligence through collaboration and has already implemented Microsoft SharePoint.
Executive support has allowed Limond to make progress in three areas: management, collaboration and efficiency. He says the organisation is on a mission to facilitate the smarter management of information. Such business intelligence, he says, promotes the sharing of knowledge within the City and the potential streamlining of business processes.
“It’s a journey; we’re not there yet,” says Limond, referring to continued progress towards dealing with the challenges associated to big data. “You can’t boil the ocean in one go. You need to make steps towards your goal and the progress we’ve made is encouraging.”
This article is published by Guardian Professional. Join the Guardian Government Computing Network free to receive regular emails on the issues at the top of the professional agenda.
Article source: http://www.guardian.co.uk/government-computing-network/blog/2012/aug/30/data-business-intelligence-services-public-sector?newsfeed=true
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Kalpita98
Al Bawaba Ltd.
Connotate, the leading provider of solutions that help organizations automate data collection from the Web, today announced it is partnering with Systech Solutions, Inc., a leading provider of business intelligence, to develop new best practices at the intersection of Big Data and digital strategy.
Systech has deep expertise in applying analytics to reveal business opportunities across the enterprise, said Arun Gollapudi, CEO and co-founder of Systech Solutions, Inc. With Connotate, we are now well positioned to apply those capabilities to real-time Web data for making continuous, fact-based decisions to improve client revenue and create value.
With over 100 clients in key industry sectors, Systech has extended its technology and business capabilities through a powerful partnership network. As the newest member of this network, Connotate will work with Systech to help clients tap into the vast trove of data sources outside the firewall.
We see tremendous synergy in Systech s track record for unlocking the value of internal Big Data for clients and Connotate s ability to deliver real-time data from Deep Web and surface Web sources, said Keith Cooper, CEO of Connotate. Systech can now help clients take their digital strategies to the next level by using Connotate to enable more timely and comprehensive analysis of the competitive landscape.
Connotate and Systech share several key target vertical market segments including financial services, retail, automotive, healthcare and digital media providers. Customers in these markets are using Connotate s solution today to sharpen their digital strategies in a variety of use cases including competitive intelligence, pricing intelligence, financial intelligence, online advertising creation and spend reporting, credentialing and background check.
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Article source: http://www.equities.com/news/headline-story?dt=2012-08-30&val=433296&cat=tech
Following on last week’s unstructured data management product launch, Quest has just announced a new business intelligence tool that aims to build a bridge between business analysts who create data, and data consumers that use that data to make decisions.
So maybe that’s a fancy way of saying Quest has launched a new suite of business intelligence tools that aim to take meaning from data, but it also highlights the huge gap that has emerged between those who are developing data and those that need to use it.
The new tools, which are built around Quest’s Toad suite, aim to provide enterprises with the ability to leapfrog the gap between IT and business users securely and without having to pay out a small fortune for it.
The Toad concept is not new. Toad has been around for a while in the shape of Toad for Oracle, for database administrators for Oracle products, and is available for Microsoft’s SQL Server, IBM’s DB2 and Sybase as well.
According to Quest, the new BI Suite is a collection of three separate existing tools from Quest that, combined, will enable organizations to access, integrate, cleanse and distribute data across the enterprise. The three tools consist of:
The BI Suite also helps technical and non-technical users understand data by offering new interfaces. With it, technical users have all the tools needed to provision and deliver complex data, while non-technical business consumers can access this data through visualizations or existing business intelligence systems.
It also provides automated dataflow processes that enable self-service data integration with agile access to data located in different repositories across the enterprise. By enabling enterprises to connect all data sources and cutting out manual processes, Quest offers the ability to analyze data over longer timeframes that provide more accurate pictures of what’s happening.
Toad Business Intelligence Suite is available now, with North American pricing at US$ 1,295 per named user with a minimum of five seats. If you’re interested in more on this, check out the video below.
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Article source: http://www.cmswire.com/cms/information-management/quest-leapfrogs-business-it-gap-with-toad-business-intelligence-suite-017193.php
DUBLIN–(BUSINESS WIRE)–
Research and Markets (http://www.researchandmarkets.com/research/jlgjjl/healthcare_busines)
has announced the addition of John Wiley and Sons Ltd’s new book
“Healthcare Business Intelligence. A Guide to Empowering Successful Data
Reporting and Analytics + Website” to their offering.
Increasing regulatory pressures on healthcare organizations have created
a national conversation on data, reporting and analytics in healthcare.
Behind the scenes, business intelligence (BI) and data warehousing (DW)
capabilities are key drivers that empower these functions. Healthcare
Business Intelligence is designed as a guidebook for healthcare
organizations dipping their toes into the areas of business intelligence
and data warehousing. This volume is essential in how a BI capability
can ease the increasing regulatory reporting pressures on all healthcare
organizations.
– Explores the five tenets of healthcare business intelligence
– Offers tips for creating a BI team
– Identifies what healthcare organizations should focus on first
– Shows you how to gain support for your BI program
– Provides tools and techniques that will jump start your BI Program
– Explains how to market and maintain your BI Program
The risk associated with doing BI/DW wrong is high, and failures are
well documented. Healthcare Business Intelligence helps you get it
right, with expert guidance on getting your BI program started and
successfully keep it going.
Key Topics Covered:
Chapter 1 Business Intelligence: An Introduction
Chapter 2 The Tenets of Healthcare BI
Chapter 3 Data Quality
Chapter 4 Leadership amp
Chapter 5 Technology and Architecture
Chapter 6 Providing Value
Chapter 7 Gauging Your Readiness for BI
Chapter 8 Future Trends in Healthcare BI
Chapter 9 Putting it all together
For more information visit http://www.researchandmarkets.com/research/jlgjjl/healthcare_busines
Source: John Wiley and Sons Ltd
Article source: http://finance.yahoo.com/news/research-markets-healthcare-business-intelligence-121600495.html
Wall Street up after housing data; volume lowest of yearReuters
Stocks edged higher on Wednesday in the lightest trading of the year as investors waited for a key speech by Federal …
Article source: http://finance.yahoo.com/news/wci-consulting-launches-youtube-channel-191100331.html
ALISO VIEJO, Calif.–(BUSINESS WIRE)–
Quest Software, Inc. (QSFT):
In today’s IT landscape, organizations struggle to build a bridge
between monolithic Business Intelligence (BI) platforms and the
distributed data layers that have emerged with Big Data and cloud
computing. A further gap exists between business analysts who provision
data, and data consumers who use data to make real-world business
decisions. Building on the legacy of Toad®, its industry-leading
developer productivity solution, Quest Software solves both challenges
by bridging the gap between IT and business with a suite of tools that
enables organizations to perform self-service data integration and
attain the business insight needed to improve decision-making, while
lowering costs and risks.
Tweet This: New @Quest_Toad #BI Suite enables self-service data
integration leveraging existing infrastructures http://bit.ly/Qu3k3s
via @Quest
News Facts:
Toad Business Intelligence Suite Blends Personal BI with Enterprise BI
Transforming Data into Valuable Business Intelligence
Pricing and Availability:
Supporting Quotes:
“Toad Business Intelligence
Suite seamlessly delivers capabilities that meet the needs of both
data provisioners and data consumers, bringing data sources together
and sharing them in views most relevant to each user. By opening
access to organizational data in a manner that conserves data
governance and security controls, Toad BI lets companies unlock the
value within their existing IT and BI investments, saving both time
and money.”
“In my role as an information strategist, I deal
with countless organizations that struggle to connect disparate data
sources so they can create an all-encompassing view of their data
infrastructure. With Toad for Business Intelligence, these companies
will finally be able to cross the divide between what the business
side needs and what IT delivers with a much clearer picture of their
entire environment and business direction.”
Supporting Resources:
About Quest:
Established in 1987, Quest Software (QSFT) provides simple and
innovative IT management solutions that enable more than 100,000 global
customers to save time and money across physical and virtual
environments. Quest products solve complex IT challenges ranging from database
management, data
protection, identity
and access management, monitoring,
user workspace
management to Windows
management.
RSS Feeds:
Quest, Quest Software, Toad, and the Quest logo are trademarks or
registered trademarks of Quest Software in the United States and certain
other countries. All other names mentioned herein may be
trademarks of their respective owners.
1 IDC, Worldwide Database Development and Management Tools
2010 Vendor and Segment Analysis, Doc # 232122, December 2011.
Article source: http://finance.yahoo.com/news/quest-bridges-gap-between-business-120000056.html
Business intelligence (BI) has become a hot topic in healthcare, fueled by payers, provider and even patients collecting ever-increasing amounts of data. But what’s the best way to make use of it?
That was the focus of a panel discussion titled “Analytics in Healthcare: Leveraging Data for Organization-wide Improvements” at last week’s Institute for Health Technology Transformation summit in Seattle.
The trend toward BI is being driven by payers, according to Lynn Dunbrack, program director for IDC Health Insights, the panel’s moderator. Recent surveys, she said, have indicated that three-quarters of payers think analytics is vital, and more than half have a BI strategy in place. Conversely, she said, about 44 percent of providers see the value in analytics, and only 26 percent have a BI program in place.
Thomas Yackel, MD, MPH, an associate professor at Oregon Health Science University and chief health information officer at OHSU Healthcare, said data analysis is underappreciated at the provider level. While OHSU Healthcare may have been the first hospital in Oregon to attest for meaningful use, he said, “a lot of people don’t know what [BI] is.”
“We’re building our own data warehouse now, but [in seeking funding for the project], we were behind people who wanted to put new carpet in waiting rooms,” he said.
Steve Barlow, CIO and co-founder of Healthcare Quality Catalyst, a Salt Lake City-based developer of quality improvement solutions, said he helped launch a national data warehousing association in the 1990s while at Intermountain Healthcare. “We’ve been at this for two decades-plus and we’re still not making progress,” he said.
[See also: Mobile's future looks bright due to forecast growth in underlying technologies.]
But data analytics and BI are showing up on the radar, the panelists said. With healthcare reform poised to make accountable care and improved clinical outcomes more vital, payers – and, eventually, providers – will see the value in taking collected data, analyzing it and drawing conclusions to affect future decision-making. Payers will use it to drive population-based outcomes through preventive healthcare and wellness programs, and to justify healthcare expenses, while providers will see its value in improving clinical outcomes and reducing waste and re-admissions.
To do that, however, they need to get beyond the simple act of collecting data.
“It’s not about just putting the data in there – it’s about engaging in a conversation about that data,” said Yackel.
There are also security concerns. Thomas Payne, MD, medical director of IT services for UW Medicine, said the problem isn’t getting the data, but regulating how it’s used and who uses it.
“The problem is to take this incredible technical capability and match it with the appropriate insight,” he said.
Among the providers diving into the data stream is the Everett Clinic, a physician-owned, 12-location medical center in Everett, Wash., and the largest independent medical group in the state. Becky Hood, MBA, the center’s CIO, said she’s been overseeing a BI plan for the past three years, has hired the clinic’s first-ever BI administrator and “can now say the words ‘data warehouse’ without being shunned.”
In an interview conducted with SearchHealthIT.com and published in the online agenda for the summit, Hood said the clinic is using business analytics in several areas, ranging from reducing emergency room visits in the Medicare Advantage population to better budgeting to staffing and scheduling.
“Part of that is making sure we’re offering hours that patients want to be seen in,” she said in the interview. “We have evening and weekend hours, and the analytics to support it. This could impact clinical quality and hospital admissions, too; if patients feel they have access to their physician offices, they won’t need to visit the ED.”
“In terms of some of the comparative analytics portion of Stage 2 [of meaningful use requirements], it’s a tricky thing to know what’s useful and valuable to compare,” Hood added. “I don’t know that organizations have seen the value they hope will come out of those endeavors, but now that more physicians are on electronic records we can start looking for data in more consistent formats. What will be really powerful is when vendors begin integrating analytics applications into workflow.”
The panelists pointed out that physicians “are inundated with data right now” and need to be given the tools to make that data useful to them at the point of care. Too much data, or a lack of analysis, said Payne, threatens to “break the camel’s back.”
“There’s pressure all the time to ask providers to enter one more data element,” he pointed out. “And they come back with, ‘How is this going to help the patient in front of me?’”
Article source: http://www.physbiztech.com/news/healthcares-radar-picks-increased-business-intelligence-activity
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