The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results
In most emergency departments, beds are a hot commodity. But some patients don’t actually need a bed for their treatment – and accurately identifying those people is a low-lift but effective way to increase efficiency without sacrificing care quality, finds a study recently published in the journal Management Science.
The researchers developed a simple decision tree, informed by mathematical and machine learning models, to help staff decide whether a patient truly needs a bed or can be routed to a “vertical processing pathway” – that is, an area where they can be treated sitting up. Many hospitals already have such an area but don’t necessarily have a systematic way to decide which patients are treated there.
The artificial intelligence (AI) boom has ignited the demand for data centers. Goldman Sachs predicts a doubling of the power demand to run the data centers in just two years.
Generative AI tools such as ChatGPT, Gemini, and Preplexity require a significant amount of computing power to train large language models so they are able to answer user queries coming from the average person who is doing a search about basketball game statistics to investment bankers who are looking for nuggets of information that will help them invest in high return stocks.
An audio journey of how data and analytics save lives, save money and solve problems.
Jeff Cohen
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During the heights of the pandemic, COVID-19 outbreaks were frequently reported among fire departments, with one Johnston County department hit by the death of a firefighter as well as several hospitalizations.
Many who resist COVID-19 vaccination insist they have a say over what goes into their bodies. An individual’s freedom to choose is the foundation for their position. Yet, there are times when such freedom to choose takes a back seat to what is required to protect our nation’s freedoms for all to live safely and securely. This provides one basis for President Biden’s blanket vaccination mandates for millions of Americans.
The Biden Administration’s recent executive order designed to boost competition across the economy has served to highlight the fact that this administration and Congress do not appear to be fans of freight rail. In the last six months they have tried to roll back innovations designed to improve productivity, re-regulate prices, and scuttle even minor acquisitions.
It’s basically over already. It will end this October. Or maybe it won’t be over till next spring, or late next year, or two or three years down the road.
Have you ever worked in a large organization where the data team(s) are perfectly structured to deliver efficient, harmonious, and meaningful results to the business with ‘nary a gap nor a redundancy? If you answered “yes,” then we’ll go ahead and report you to HR for being a LIAR! From high growth startups to staid enterprises, figuring out how to organize the data and data-adjacent teams is always chock full of tradeoffs. And that’s the topic of this episode.
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Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
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