BIG DATA MANAGEMENT

Zoho Transforms Relationship Between Businesses and Their Data by Introducing New Self-Service Platform

Zoho Corporation | July 14, 2021

Zoho Corporation today launched its Business Intelligence (BI) Platform- an AI-driven data analytics solution that empowers businesses to surface precise and actionable insights via self-service data preparation and augmented analytics. The newly launched Zoho DataPrep when combined with an upgraded version of Zoho Analytics, Zoho’s end-to-end self-service BI Platform enables organizations to cleanse, unify, and analyze cross-departmental data, obtain an encyclopedic view of the company, and ultimately move toward a more competitive business strategy based on real-time insights.

The BI platform brings together pre-built visual dashboards, comprehensive data integrations, data preparation, augmented and embedded BI, security and privacy capabilities, flexible deployment models (cloud or on-premise), and scalability. The four standout pillars of this platform which allows businesses to perform better and remain competitive in their industries have been listed below:

1. Augmented Data Prep and Management – A new application called Zoho DataPrep is an AI and machine learning-driven self-service data preparation tool. This addition to the BI Platform allows business users to create and manage data pipelines easily that allows them to integrate, model, cleanse, transform, enrich, and catalogue data before making it ready for analysis.

2. Data Stories- The Zoho BI platform offers an integrated enterprise portal builder (Zoho Sites) and presentation software (Zoho Show). Embedding live reports and dashboards into a website or presentation allows administrators to wrap additional context around data and foster more immersive discussion on business matters. Data Stories reduces friction within an organization so that businesses can be data-driven without needing to learn new tools.

3. Augmented Analytics- Zoho conversational AI, Zia, allows business users to surface data through natural language querying, with or without technical know-how. In addition to that, the all-new Zia Insights provides textual narration of key insights from reports and dashboards that significantly reduces the time and effort that is required to explore data and glean insights. It also includes what-if capability, enabling scenario analysis for effective decision-making.


4. Marketplace- Through the Zoho marketplace, Zoho is enabling partners to develop and publish analytical apps and integrations to complement Zoho Analytics users, thereby strengthening the BI and Analytics platform. Another dimension is the launch of deep native analytical apps, with domain-specific advanced analytics, in third-party marketplaces such as Shopify, ServiceNow and Atlassian.


The new BI platform is built for scale and is extensible to more than 250 data sources which include Zendesk, HubSpot, Microsoft, Mailchimp, Stripe and Google, thus allowing businesses to integrate and analyze data sourced from diverse third-party systems. Data sources that blend with outside have always been the strength of Zoho Analytics, and a value demonstrated by the fact that 60% of existing users have chosen it as their BI tool while solely running on non-Zoho applications and data sources. 

This platform gives users on-demand insight into operational data to inform critical business decisions with the support of Zia. The AI assistant augments data preparation and visualization by utilizing natural language querying and generation, text narration of key insights from reports and dashboards, and cognitive and advanced analytics. These capabilities make it easier to capture actionable data insights to boost operational efficiency and productivity.

More than 50,000 organizations are already using Zoho Analytics. It has steadily been one of the company’s fastest-growing products. Zoho Analytics has grown by 30% YoY with a 40% YoY increase in the enterprise segment within the last two years. The application has seen a 10% jump in customers switching from competitive platforms. Also, 50% of the customers have chosen Zoho Analytics after evaluating multiple competitive BI products. With this new BI Platform, Zoho expects above 45% YoY revenue growth.

About Zoho
Zoho Corporation is one of the world's most prolific software companies with more than 50 apps in nearly every major business category, including sales, marketing, customer support, accounting and back-office operations, and an array of productivity and collaboration tools,

It is privately held and profitable with more than 9,000 employees. Zoho is headquartered in Austin, Texas, with international headquarters in Chennai, India. Additional offices are in the United States, India, Japan, China, Singapore, Mexico, Australia, the Netherlands, and the United Arab Emirates.

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BUSINESS STRATEGY

Netsmart Announces the Skilled Nursing Industry’s Only Data Analytics Solution with a Complete View of Claims, MDS and Staffing

Netsmart | August 09, 2022

Netsmart announced today it has acquired CORE Analytics, the industry-leading skilled nursing facility (SNF) claims data analytics offering from Zimmet Healthcare. With the addition of Core Analytics, Netsmart Simple™ is now the only solution suite in the market capable of calculating quality measures and Five-Star ratings leveraging Minimum Data Set (MDS), Payroll-Based Journaling (PBJ) and UB-04 claims data. This new offering will enhance the Netsmart CareFabric® platform to expand data solutions and services for post-acute care organizations in the areas of quality measures reporting, benchmarking, assessment data and scrubbing, while increasing the quantity and quality of required data for health plans, Medicare and Medicaid. Through this acquisition, Netsmart now offers the most comprehensive SNF data analytics solution to integrate clinical, staffing and financial data to provide better intelligence and reimbursement optimization, with the aim of saving time for clinical and reimbursement staff. The acquisition further establishes Netsmart as a leader in the SNF market by providing technology and services to more than 50% of SNFs across the nation. Analytics are needed more than ever in the rapidly evolving and complex ecosystems of value-based care for post-acute providers, and Netsmart plans to continue to extend this same approach to all community care providers beginning with home health and hospice providers. CORE brings three new solutions into the CareFabric platform. CORE Reimbursement identifies Patient-Driven Payment Model (PDPM) revenue opportunities through logic testing and benchmarking. Value-Based Post-Acute eXchange (VPAX) measures clinical and financial outcomes necessary to demonstrate value to at-risk referral partners. Additionally, Medicare Advantage Post-Acute eXchange (MAPAX) quantifies clinical and financial performance, delivering the healthcare industry’s first claims-based intelligence and meaningful utilization data on current SNF-MA reimbursement, outcomes and value-proposition. “The integration of the CORE solutions within the Netsmart CareFabric platform, specifically with the Netsmart Simple data solutions, will change the way we support providers by connecting all of the solutions needed to unlock the full potential of claims data. “Through this collaboration with Netsmart, we can expand the capabilities of our comprehensive tools to unite the clinical, claims and staffing data to provide a holistic view of an organization. Our clients will be able to rely on the same tools and support they’ve come to expect, with the ability to leverage solutions across the Netsmart CareFabric platform.” Zimmet Healthcare President & CEO Marc Zimmet In addition to this acquisition, Netsmart and Zimmet Healthcare have entered into a collaboration to offer consulting services and referrals for the clients and communities they serve. Through this relationship, the organizations will continue to collaborate on ways to utilize the CareFabric technology portfolio and the Zimmet Healthcare domain expertise to develop and enhance each party’s solution. “The Netsmart and CORE teams share a mutual dedication to providing data solutions to inform and equip business decisions,” said Netsmart CEO Mike Valentine. “This commonality of values will further scale the Netsmart data suite to better support and help skilled nursing facilities thrive with transforming payment models. In the pursuit of organizational excellence, by combining the claims and MDS data set we can help our clients tell a complete story of the value of the care they deliver. This partnership combines the solutions to do just that.” About CORE: Z-CORE Analytics, LLC CORE Analytics is a scalable data intelligence software as a service solution providing market insights, reimbursement optimization, comparative analytics and risk management to the post-acute care industry. The company was developed by Zimmet Healthcare and automates elements of longstanding proprietary, proven consulting services. CORE builds a facility-specific, accretive claims database with current utilization as the foundation. For more information, visit www.zcoreanalytics.com. About Netsmart Netsmart, a leading provider of Software as a Service (SaaS) technology and services solutions, designs, builds and delivers electronic health records (EHRs), health information exchanges (HIEs), analytics and telehealth solutions and services that are powerful, intuitive and easy-to-use. Our platform provides accurate, up-to-date information that is easily accessible to care team members in the human services and post-acute care (which is comprised of skilled nursing, home care, hospice, palliative and senior living) markets. We make the complex simple and personalized so our clients can concentrate on what they do best: provide services and treatment that support whole-person care.

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BUSINESS INTELLIGENCE

Dresner Advisory Services Study Rates Pyramid Analytics as a Business Intelligence Leader

Pyramid Analytics | July 28, 2022

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DATA SCIENCE

Deepnote Launches to Make Data Science & Analytics Collaborative

Deepnote | May 27, 2022

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