An article was written on the website Open Minds “Spending on Data Makes Sense When Leads to Competitive Advantages” by Athena Mandros. Last week, Earl Lipphardt, Chief Residential Officer at Integrity House presented at the 2016 OPEN MINDS California Management Best Practices Institute. His presentation focused on the challenges of using data for competitive advantages, Why Health Care Is Not Like Google Or Amazon: The Challenges Of Fitting Ideal Data Models Into The Real World.
Earl Lipphardt shares that driving competitive advantages in large organizations and in many industries takes places by hiring professionals to process and analyze data. We here at Visual Data Group find that professionals such as Data Scientist have been hired throughout large organizations as well to take data management to the next level. Data Scientist practice an interdisciplinary field focused on processes and systems to extract knowledge or insights from data in various forms. Statistics, data mining, and predictive analytics, similar to Knowledge Discovery in Databases (KDD), provides organizations with a disciplined approach to building a system that encourages fosters better decisions.
We encourage you to read Athena Mandros article as well as to download Earl Lipphardt’s presentation.