Topic "Industry"

The Essential Role of Data in Healthcare: Managing the COVID-19 Crisis and Recovery

We hear every day from virtually every one of our hospital customers and prospects that “If it’s not COVID related, we’re not doing it.” This is an understandable response when confronted by a crisis like we have never seen before. Healthcare providers are seeing massive decreases in revenue as they suspend elective procedures and routine... more

Chief Data Officer (CDO): One Job, Four Roles

In my last blog, I wrote about how chief data officers are now being recognized as business leaders, as shown in IDC’s survey, “Chief Data Officers: The New Business Leaders,” commissioned by Informatica. In this blog, I will dive deeper into the survey results; specifically, the discovery that a CDO’s job consists of four roles,... more

Chief Data Officers (CDOs): The New Business Leaders

IDC’s State of the Chief Data Officer (CDO) survey commissioned by Informatica found that CDOs are the new business leaders. (Traditionally, CDOs are senior executives who are responsible for data governance and management.) In the survey, nearly 60 percent of CDOs report to a business leader, and the most common organizational hierarchy structure is reporting into the... more

Build Your Healthcare Cloud Data Lake With a Data Governance Foundation

We’ve all heard the cautionary tale across healthcare (and beyond) that poorly deployed cloud data lakes run the risk of becoming data swamps, where untrusted volumes of data deliver limited-to-no value or insights to the organization. This is not a myth. While most healthcare organizations, providers, and payers have embraced the need to deliver real-time,... more

COVID-19’s Impact on Data Governance and Risk Management Across Financial Services

Managing and monitoring credit, market, liquidity, and operational risk across financial markets was hard enough with ongoing geopolitical tensions, international trade wars, and of course the occasional hurricanes and earthquakes. The current pandemic is forcing chief risk officers and their teams to recalibrate old assumptions and models used to manage and monitor risk. Innovations in... more

Rein in Improper Government Payments With Data Management

Improper payments have been a growing challenge for government entities as they work to support citizens in times of crisis. In 2019, over $175 billion in improper payments were issued by the Federal Government. That’s a 15% increase from 2018. Underlying factors around improper payments are not always due to fraud—inaccurate citizen data, coding errors,... more

Higher Education Needs Data-Driven Contact Tracing to Reopen

The COVID-19 pandemic has disrupted the lives of higher education students, faculty, and staff that depend upon these colleges and universities. While many of these schools have demonstrated resilience and innovation by embracing distance learning, guidance, and support for their students, the financial viability of these schools will remain at risk if they can’t clear... more

Healthcare Consent Management Demands Newfound Respect for the Checkbox

We are all familiar with the endless and repetitive paperwork required at each doctor’s office visit. We complete them as quickly as possible and check the boxes with often just a brief scan. However, those little check boxes on the forms are about to play a much bigger role in how payer and provider organizations,... more

AI-Powered Data Management Is the Key to Vaccine Discovery

As pharmaceutical and clinical research organizations around the world race to discover and inoculate the global population with a vaccine for COVID-19, artificial intelligence (AI) will play a key role in ensuring that trustworthy, relevant, and timely drug-discovery data can be used to understand and eradicate this global threat. Drug discovery has traditionally been a... more