As the businesses gets smarter, competitive, preparing for future not just an advantage but a survival necessity. Analysis of the past data in predicting the future or get an insight requires careful study and application variety of statistical and mathematical techniques from data mining, modelling, game theory and machine learning and other analytical techniques over the past and current data.
With the advancement in the hardware capabilities and development of interesting algorithms, processing of already available historical data to make meaningful insight leads business to identify various risks and opportunities. Use of different model, after thoroughly evaluating adaptability, forms the relationships among different criteria and conditional factors in guiding the decision making.
Predictive analytics are used in every business domain including health care and health insurance.In healthcare and health insurance fields there are several areas where predictive analytics that come in handy to maximize the business or optimizing the resources.
The list of possible analytics includes but not limited to the following:
With the prominance of the Data Analytics and Analytics in whole in modern day Healthcare solutions, allows the user to the make systems more competent and reliable. Nous with its CoE (Centre of Excellece) has provided solutions that exceeds the customer expectations. Nous believes predictive analytics provides the solution that are optimized and appropriate.
Nous developed a custom ETL tool to a health informatics company, providing Business Intelligence dashboard and reporting solution that enables access to real-time actionable information on spends and performance.
Nous Infosystems is a CMMi Level 5 SVC + SSD v1.3, ISO 9001:2008, and ISO/IEC 27001:2013 certified global Information Technology firm providing software solutions across a broad spectrum of industries. Major offerings include Digital Transformation, Application Development & Maintenance, Enterprise Application Integration, Product Engineering, Business Intelligence, Independent Testing and Infrastructure Management Services.