The Ledger

Curated content for
analytical business leaders

How Data Analytics is Transforming the Pharmaceutical Industry

Data analytics and artificial intelligence will have a huge impact on how pharmacies operate. Pharmacies that are early adopters of data analytics technology will have strategic advantages over those pharmacies that choose to stick with their legacy systems. Pharmacies that embrace data analytics will benefit from better decision-making, optimized innovation, improved efficiency of research/clinical trials, and new tool creation for physicians, consumers, insurers and regulators.

Read More at Forbes Magazine >

 

Agility: The New Normal For CFOs

CFOs know that finding innovative ways to create new value requires disrupting their own business. But they also know that they have markets, customers, and revenue streams to protect, which means that maintaining controls, efficiencies, and stability within organizations are still critical. In order to accomplish this, their business must be agile because change comes even more quickly and unpredictably than ever before. Agility enables large companies to thrive on uncertainty. They can move more quickly than they have in the past, while maintaining and building on their current strengths.

Read More at The Digitalist by SAP >

 

Deriving Analytical Value from Real-Time Data

“The amount of data generated by devices and machines continues to rise. Exponential data growth places an enormous amount of pressure on systems that must keep that information moving at high speeds from machines to data lakes or warehouses and into analytics platforms. Data storage and management are only a subset of today’s data-driven requirements — deriving analytical value is also extremely important. That value is difficult to show without systems that can analyze streams of information in real time. In particular, organizations are trying to enable non-technical users to elicit value from their data using off-the-shelf visualization tools.”

Read More at Forbes Magazine >

 

How Technology is Changing the Retail Industry

Retail today continues to change at lightning speed, and technology is helping leaders rewrite all the rules. Taking into account shifting consumer expectations and an unrelenting flood of data, a single digital core is essential to executing a winning consumer experience strategy (no matter where or how they shop), which is the key to driving future growth and market share. Technology is fundamentally redefining the way consumers live, work, and communicate with one another. As a result, consumers prefer to interact with brands and retailers in new ways – and every aspect of retail should also be reimagined with technology in mind.

Read More at The Digitalist by SAP >