Growing demand for big data skills will see companies looking to outsourcing to plug the gap, presenting opportunities for India. But, it must first address several fundamental challenges.
See on www.zdnet.com
Real-time feedback from VigiLanz software helps clinicians quickly address issues to optimize therapy. VigiLanz automatically monitors every patient in the hospital so clinicians can spend more time improving patient care instead of gathering and monitoring data. Actionable alerts driven by each hospital’s own workflow – combined with quality surveillance, robust analysis, and expedited reporting to meet state and federal requirements – allow hospitals to improve clinical outcomes and deliver more cost effective care.
Rob McEwen was a banker and now turned gold miner.
He takes over this gold mine, and his geologists can’t tell him where the gold is. He gives them more money for geological data, they come back, they can’t tell him where to go into production…
He wonders, “If my geologists don’t know where the gold is, maybe somebody else does.” So he does a “radical” thing. He takes his geological data, he publishes it and he holds a contest on the Internet called the Goldcorp Challenge. It’s basically half a million dollars in prize money for anybody who can tell me, do I have any gold, and if so, where is it?
He gets submissions from all around the world. They use techniques that he’s never heard of, and for his half a million dollars in prize money, Rob McEwen finds 3.4 billion dollars worth of gold. The market value of his company goes from 90 million to 10 billion dollars
The 4 Principles for the Open World
1. Openness is about collaboration.
2. Openness is about transparency.
3. Openness is about sharing.
4. Openness is about empowerment.
[B]y all means, encourage your people to embrace technology, get great at business analytics, and otherwise ramp up the efficiency of everything they do. But just make sure all their efficiency doesn’t come at the expense of their humanity. Small gestures can send big signals about who we are, what we care about, and why people should want to affiliate with us. It’s harder (and more important) to be kind than clever.
See on blogs.hbr.org