BIG DATA MANAGEMENT

HealthWorksAI™ Unveils the First Healthcare Data Platform using xAI technology

HealthWorksAI | December 30, 2021

Data Platform
HealthWorksAI™, an industry-leading Healthcare analytics company, announces the launch of the 2nd generation of their state-of-the-art xAI program. It's an advanced analytical approach that collects and processes data, generating in-depth market analysis which standard models do not uncover. Allowing data scientists an efficient way to measure the impact of various plan attributes/factors, xAI provides a better understanding of the correlation between plan features and beneficiary preference. It also provides insights into the influence of multiple verticals at the market level. The models are then combined with the human-computer interface (HCI) features capable of translating models into practical explanations for end users.

"We use a combination of Rule-based algorithms, Random Forest, and Artificial Neural Networks to develop our proprietary prediction, classification, and performance metrics. Advanced analytics & xAI comes to play in the modeling and evaluation phases of data mining. To achieve this, we use LIME and DeepLIFT, as an example, to achieve far superior results."

Shreya, Data Scientist of HealthWorksAI™

The xAI program, released in early 2021, has been a huge success for HealthWorksAI, leading as their most subscribed platform module in its first year. The 2nd generation, which will see releases begin in early Q2, includes multiple platform enhancements as well as new approaches to xAI methodologies.

"We're excited to announce the expansion of our xAI program for MA Payors," noted Jereme Ayers, Chief Growth Officer of HealthWorksAI. "One of the defining aspects of our company is the partnership our clients provide. We appreciate their faith and confidence and look forward to delivering even more for them in 2022!"

About HealthWorksAI
HealthWorksAI™ is a privately held healthcare data analytics company in the US that provides healthcare payors with rapid access to very efficient and insightful Medicare Advantage market data, accurate predictions, and a reliable single source of truth for strategic decision-making.

Spotlight

This is my first video in my YouTube series.  I know it is short, but I wanted to see how it would be presented on Youtube.  Business Intelligence is a growing field.

Spotlight

This is my first video in my YouTube series.  I know it is short, but I wanted to see how it would be presented on Youtube.  Business Intelligence is a growing field.

Related News

BIG DATA MANAGEMENT

Equifax Partners with Snowflake to Make Differentiated Data Available Through Snowflake Data Marketplace

Equifax | August 17, 2021

Equifax (NYSE: EFX) has partnered with Snowflake to make select differentiated data assets rapidly and securely available through Snowflake Data Marketplace. Snowflake Data Marketplace offers a frictionless data sharing experience with no data transfer or integration requirements, enabling data scientists, business intelligence and analytics professionals access to live and ready-to-query data from Equifax for smarter decision making. Customers can now leverage Snowflake's Data Cloud to rapidly obtain anonymized Equifax Analytic Dataset™ consumer and loan-level credit data, U.S. Consumer Credit Trends macro-level information, B2bConnect™ commercial marketing data, IXI™ economic data, and unique property and housing data for new decision intelligence. "Equifax understands that to be successful and to achieve repeatable, profitable and sustainable business growth, our customers need to be able to make predictive and informed decisions quickly," said Joy Wilder Lybeer, United States Information Solutions (USIS) Chief Revenue Officer and Senior Vice President of Global Partnerships at Equifax. "By bringing our unique data to Snowflake Data Marketplace, we're meeting organizations with the insights they need through their channels of choice - making critical insights more easily available to more customers in a highly secure environment. " Equifax participation in Snowflake Data Marketplace is enabled by the Equifax Cloud™, the foundation of the Equifax business. The Equifax datasets now available on Snowflake Data Marketplace include: U.S. Consumer Credit Trends, for unique perspective from Equifax into anonymous, time-series credit data, specifically attributed for trending, market analysis, benchmarking and research purposes. Insights available on the Snowflake platform include consumer auto loan and lease activity, first mortgage originations and delinquencies, and student or personal loan trends. Analytic Dataset, an unbiased, anonymized statistical sample of loan-level credit data representing the U.S. credit active population, enabling users to better model delinquency, default, loss severity and prepayment. B2bConnect commercial marketing data, including verified firmographic information on more than 30 million U.S. businesses, such as vertical industry coding, revenues, number of employees, corporate hierarchy, and many other valuable attributes for better targeting of revenue-generating activities. IXI economic data from our exclusive network of more than 95 leading financial institutions. Equifax directly measures about $20 trillion in anonymous U.S. consumer assets and investments, representing over 45 percent of all U.S. consumer invested assets. IXI data available through Snowflake includes Affluence Index™ consumer spending estimates and Income360™ household income estimates. Property and housing data, including National Property Insights for a comprehensive look at public record data on residential properties across the U.S. and Housing Characteristics from County Assessor offices. "Equifax and Snowflake share the understanding that more data enables better decisions," said Matt Glickman, VP of Customer Product Strategy, Financial Services, at Snowflake. "Snowflake Data Marketplace is designed to deliver data at scale in the Data Cloud without compromising data privacy and security. Inclusion of Equifax datasets supports Snowflake customer demand for differentiated data across industries that drives decision intelligence." Rigorous data security, compliance and governance standards are the hallmark of Equifax participation in data marketplaces. ABOUT EQUIFAX INC. At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by more than 12,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region.

Read More

DATA SCIENCE

Torch.AI Acquires Leading Data Warehouse and Analytics Firm DataTech, Expands U.S. Department of Defense Support

Torch.AI | December 10, 2021

Torch.AI, the leader in artificial intelligence (AI) powered ultra-high speed data processing, announced today the acquisition of The DataTech Group (DataTech), a technology solutions provider that delivers software and technical expertise across data warehousing solutions, decision support systems, and enterprise architectures with a focus on complex IT environments and systems from Teradata, Oracle, Sybase, Informix, and more. Based in Illinois, DataTech provides government and private sector clients the ability to analyze, plan, and improve efficiencies through sophisticated data solutions. Organizations such as the Defense Information Services Agency (DISA) have benefited from DataTech's rapid deployment and sustained, cost effective, and impactful operational capabilities. "DataTech and the team have built a robust product catalog of capabilities, including Government off-the-shelf (GOTS) solutions that are deployed globally and instrumental in a variety of mission-critical applications. Like us, DataTech is obsessed with customer satisfaction," says Brian Weaver, Chairman and CEO of Torch.AI. "As we look to the future, Torch.AI is excited to support these customers with additional resources and technologies to enable better mission outcomes." Torch.AI and DataTech have symbiotic experience building out large-scale, complex data environment deployments for Federal clients. As Torch aggressively expands into the Federal market, our combined talents and expertise will further enhance our position as a leading provider of AI enabled, data intelligence solutions." David Kervin, Chief Executive, Federal "I was immediately impressed with DataTech's technical acumen and results-driven mindset," stated Josh Wellner, Vice President of Mission Success. "Combine those traits with an intimate knowledge of the Federal space, and you have a winning combination. Torch's best-in-class capabilities just got even better." About DataTech At The DataTech Group, we understand the importance of successful IT project deployment and its impact on your business' agility, responsiveness, and performance. At the center of our philosophy is "Sustainable Value." Our focused range of capabilities coupled with our emphasis on providing IT solutions with your users in mind sets us apart in achieving a high rate of project successes. Technologies change. Organizations change. Information changes. The need to make informed decisions does not change. With success deploying multi-billion-row active data warehouses and focused data marts, DataTech has the necessary public and private sector expertise to solve the toughest data challenges. DataTech effectively extracts and transforms our clients' raw data into cleansed information, which is then loaded into the best-in-class data warehouse platform for each unique enterprise requirement. DataTech complements its core offering by providing focused capabilities in Enterprise Architecture, Information Security, and a broad range of expert IT consulting services. About Torch.AI Torch.AI's Nexus™ platform changes the paradigm of data and digital workflows, forever solving core impediments caused by the ever-increasing volume and complexity of information. Customers enjoy a single unifying solution which begins by instantly deconstructing and describing any data, in real-time. Purpose built for massively scaled, ultra-high-speed data processing, the platform comes equipped with security features, flexible data workloads, compliance capabilities, and drag and drop functionality that is unrivaled in today's technology landscape. The company's solutions have helped to fight fraud, secure information, make better decisions of trust, evolve operational capabilities, and create better customer experiences.

Read More

BIG DATA MANAGEMENT

NTT DATA Services to Acquire Hashmap

NTT DATA Services | December 14, 2020

NTT DATA Services, a worldwide computerized business and IT services pioneer, has entered an agreement to acquire Hashmap, adding profound specialized mastery with current data stages to help analytics, man-made consciousness and AI. Together, the organizations will help customers pick up experiences from their cloud data and quicken advanced enablement. Hashmap is a Snowflake Premier Partner and has organizations with Databricks and a few other driving cloud, data and innovation suppliers. These organizations, along with NTT DATA's current associations with organizations like Snowflake and Dataiku, will enormously grow its capacity to quicken customers' advanced change travels and set up a confided in data establishment to operationalize and scale AI. “Data and analytics services are rapidly evolving as clients migrate to modern platforms and move quickly to make the most of their data in the cloud. Being at the forefront of this is a top priority for NTT DATA and we’ll continue to invest in this space to help our clients stay ahead,” said Eric Clark, Chief Digital Officer, NTT DATA Services. “That’s why we’re excited to add Hashmap to our family and bring an unparalleled level of expertise to help our clients understand and stay ahead of emerging trends and build a sustained competitive advantage.” NTT DATA keeps on scaling its cloud, data, analytics and AI answers for assist customers with overseeing expanding measures of data inside the cloud and as a component of more extensive change activities. In an ongoing report by NTT DATA, "The Big Pivot: From Data Islands to Data Insights," 79% of heads said they perceive the estimation of data yet just 10% are compelling at utilizing it to receive new plans of action and enter new business sectors. Hashmap adds to other late acquisitions finished by NTT DATA in the previous a year to help customers' advanced change endeavors, including: December 2019 acquisition of Flux7, an AWS partner that provides cloud implementation and migration, automation, and DevOps consulting services. Hashmap will help clients make the most efficient use of their data when moved to the cloud October 2020 acquisition of Acorio, a ServiceNow Elite Partner that helps clients enable automated and intelligent digital workflows with ServiceNow. Hashmap also helps clients advance digital transformation with trusted data and cloud consultants Hashmap was established in 2012 and has encountered critical development under the administration of Preetpal Singh, Prasad Mulaokar and Kelly Kohlleffel. It is organizer driven and settled in Atlanta, Georgia. Hashmap's solidarity in profound specialized skill across current cloud data conditions lines up with NTT DATA's solid advanced abilities in key verticals. Hashmap's customers length a scope of enterprises, including monetary services, medical care, innovation, and energy. About NTT DATA Services NTT DATA Services is a digital business and IT services leader headquartered in Plano, Texas. We are the largest business unit outside Japan of trusted global innovator NTT DATA Corporation, a top 10 provider and part of the $109B NTT Group. With our consultative approach, we leverage deep industry expertise and leading-edge technologies powered by AI, automation and cloud to create practical and scalable solutions that contribute to society and help clients worldwide. Our global team delivers one of the industry’s most robust and integrated portfolios. This includes consulting, applications, data intelligence and analytics, hybrid infrastructure, workplace, cybersecurity and business process services to help organizations accelerate and sustain value throughout their digital journeys.

Read More