Analytics always played a pivotal role in the life sciences industry. Owing to the dynamic and complex nature of drug development and marketing, pharma decision-makers rely heavily on data to decide on the future course of action. According to a Worldwide Health Industry 2020 predictions report, the next decade will be defined by healthcare data […]
In recent years, the pharma industry has witnessed a noticeable rise in the number of small and medium-sized pharma companies (SMBs) in drug development. However, many SMBs face operational issues and competitive pressures which are major roadblocks to showcasing their full potential. Digitalization innovation in SMB pharma could be the answer to some of these issues, as it can help SMBs to achieve not only operational efficiencies but also assist in making informed decisions, better data management, and cost-cutting. In this blog, we will tell you about the various areas where digital […]
Business Intelligence has given a whole new meaning to the decision-making process of organizations worldwide. Enterprises across the globe are now leveraging the technology-driven solution to make better decisions by quick data mining, data collection, migration, analysis, and interactive data visualization. And when we talk about the most versatile BI tools, we can’t miss one such leader in Gartner’s Magic Quadrant for Analytics and Business Intelligence Platforms for the past 12 years. Power Bi, a self-service analytics tool that helps businesses make powerful decisions. […]
Do you know that more than 2.5 quintillion bytes of data are being generated every single day? With the advancement of technology, the rapid increase of social media use, advanced networks, and communication, we are incredibly fueling data creation. There are over 40,000 Google searches every second. Each minute Instagram is sharing 46,500 photos, while […]
Data is the new currency in the healthcare and life sciences industry. A huge amount of data is being generated in this industry every day. Each year the volume of data being generated increases at over 45% and would amount to 2314 exabytes of data (1 exabyte = 1 billion gigabytes) by 2020.[1] How to […]
Power BI vs Tableau If you are looking for a Business Intelligence or data visualization solution, chances are you have come across Power BI and Tableau. Founded in 2003, Tableau is often regarded as the gold-standard in data visualization and has been so for a long time. With intuitive data exploration capabilities, Tableau makes a […]
Digitization led to big data which by 2020 will have 44 trillion gigabytes of data. We are in a position where we have access to masses of data, but our ability to effectively use this data for competitive advantage is a constraint. The reason being most of this data is unstructured and scattered across multiple […]
Data visualization has an important role in the field of information management. In order to make good decisions, you have to be able to understand and analyze available data. Sound data visualization techniques will help in achieving the desired results. And to stay ahead of the game, you need to know about the latest tools […]
There is a vast amount of data available when it comes to collating data about a certain subject. Also, there are many ways in which this data can be presented. Data could be input in a textual form in a spreadsheet or presented visually in the form of a table, pie-chart or infographic. Based on […]