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Top 10 Benefits of Big Data

Knowledge Hut

This, in turn, can ultimately aid in cost-cutting by lowering unneeded medical expenses or hospital stays. The higher insights that analytics data provide to doctors typically result in more effective patient treatment. This data also identifies their shorter hospital stays and fewer admissions or readmissions in some situations.

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Natural Language Processing in Healthcare: Using Text Analysis for Medical Documentation and Decision-Making

AltexSoft

billion (Microsoft’s biggest purchase since LinkedIn), provides niche AI products for clinical voice transcription, used in 77 percent of US hospitals. But a lot of data (by different estimations, 70 or 80 percent of all clinical data) remains unstructured , kept in textual reports, clinical notes, observations, and other narrative text.

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Serving the Public Through Data

Cloudera

Through processing vast amounts of structured and semi-structured data, AI and machine learning enabled effective fraud prevention in real-time on a national scale. . Among the use cases for the government organizations that we are working on is one which leverages machine learning to detect fraud in payment systems nationwide.

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Top 10 Generative AI Use Cases in 2023

Knowledge Hut

It ensures accurate payment, supports compliance, aids in making data-driven decisions, and, thus, helps hospitals manage their operations more efficiently. Automated research reporting With the use of AI, we can generate reports from research data, improving efficiency and accuracy.

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Details About Data Architect Salary for 2023

Knowledge Hut

As a result, most companies are transforming into data-driven organizations harnessing the power of big data. Here Data Science becomes relevant as it deals with converting unstructured and messy data into structured data sets for actionable business insights.

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Short-Term and Vacation Rental Data: Sources and Analysis

AltexSoft

Buy ready-to-use, structured data from providers such as Airbtics , AirDNA , AllTheRooms , Rabbu , or Mashvisor. Key performance metrics in most cases coincide with those used throughout the hospitality business. Airbnb instantly purchasable datasets. organized in the form of csv files.

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Top 16 Data Science Specializations of 2024 + Tips to Choose

Knowledge Hut

Data Mining Data science field of study, data mining is the practice of applying certain approaches to data in order to get useful information from it, which may then be used by a company to make informed choices. It separates the hidden links and patterns in the data. Data mining's usefulness varies per sector.