Consumers today interact with brands and make purchasing decisions on a variety of platforms. This has increased the amount of consumer behavior data available to retail manufacturers to maintain. Marketing campaign management is now more complex. Budgeting, planning, predicting consumer behavior and providing superior customer service all play a huge role in maintaining customer satisfaction.
Making it Manageable
By providing retailers with easy and direct access to data for reporting, analysis, planning and decision support, business intelligence analyzes make the complex process more manageable. Data is converted into executable information that helps retailers make faster decisions based on facts – before, during and after marketing campaigns.
Most retailers know who their target customers are with the tools already available, such as the CRM system and / or e-commerce database. However, the proliferation of social media platforms such as Facebook, Twitter, Instagram and Pinterest has dramatically increased the identification and understanding of target markets.
By combining social media data, fans, followers, comments, and “hits”, with customer demographics from CRM, Business Intelligence Consultant in saudi-arabia provides a more complete picture of consumers. Embedding the data set on a map creates segment segmentation graphs to help the marketing team effectively target a specific audience and drive improved results for future marketing campaigns.
Generating a Competitive Advantage
The perception of consumer behavior is invaluable in today’s highly competitive technological world. After integrating social media data and CRM, take a step forward and connect your social data to financial systems, catalogs, inventory, and supply chains. BI Teradata Consultant in saudi-arabia will produce comprehensive reports to help determine consumer behavior patterns. In addition, it also has the ability to track the success of offline campaigns. Knowing the channels that produced the desired result creates a competitive advantage.
Analyzing Activity to Engage Consumers
This tool provides a wealth of knowledge about consumer behavior, marketing techniques or business messaging responses, and the overall effectiveness of a marketing campaign. Using BI Microstrategy Consultant in saudi-arabia dashboard capabilities, a number of schemes can link the likelihood of preferred customers interacting with your brand on social networks or making purchases online. This BI mode will help identify and reward your brand ambassadors. In addition, it can help identify the least engaged consumers in your brand so you can target them to participate.
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BI#1 BI Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA is the collection of strategies and tools used to analyze business information. Business intelligence projects are significantly more effective when they combine external data sources with internal data sources for actionable insight.Overall, the role of business intelligence is to improve all parts of a company by improving access to the firm’s data and then using that data to increase profitability.
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What are applications of BI Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in banking during covid-19?
Technology is transforming the banking and finance industry. Thanks to the Internet and the proliferation of mobile devices and apps, today’s financial institutions face mounting competition, changing client demands, and the need for strict control and risk management in a highly dynamic market.
At the same time, technology has given rise to powerful business intelligence tools. Tools that the banking and finance industry can use to leverage customer data for insights that can lead to smarter management practices and better business decisions. To that end, here’s a look at some of the ways banking and finance institutions are using BI Solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA to drive profitability, reduce risk, and create competitive advantage.
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Improved Operational Efficiencies:
In today’s ultra-competitive marketplace financial institutions need to be as lean and efficient as possible. Using BI Consulting Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA to analyze operational processes, organizations can reduce ongoing costs and maximize existing resources and expertise. For example, by analyzing the performance of customer-facing employees, such as sales personnel, tellers, and account managers, organizations can discover ways to improve and enhance the customer experience at the point-of-contact.
Improved Products and Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA:
Business Intelligence solutions also enable financial organizations to analyze vast amounts of customer data to gain insights about customer needs and sentiments regarding banking that can be used to improve products and services. As an example, perhaps it is learned that customers want a quicker, easier way to track and analyze their earning and spending patterns. Institutions may be able to send more timely alerts to customers. Or they are looking for a smoother and less complicated application and funding process. Armed with these kinds of insights, organizations can develop new and improved financial products and services to better meet customer needs, and in turn create a competitive edge.
Improved Marketing:
Using BI Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA, marketers can analyze CRM data based on a range of criteria to uncover the most profitable customer profile. In addition, the customer base can be analyzed to identify and develop new cross-sell and up-sell opportunities, and to carry out more targeted online marketing campaigns. This presents a major advantage, as research shows that it costs five times more to sell financial products and services to new customers than to existing customers.
Improved Customer Retention:
As previously discussed, BI applications can help financial institutions identify and pursue those customers that are the most profitable.BI Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA also plays an important role in improving customer retention and loyalty. Using business analytics tools and techniques, organizations can discover the reasons why customers switch to a competing institution. They can then implement new processes to help reduce customer churn. The ability to track customer habits, preferences and behaviors also allows organizations to tailor their products and services in ways that meet needs, solve problems, and promote customer retention and loyalty.
Developing New Investment Strategies:
Asset managers are utilizing new data sets to develop new strategies for investing. By developing models around social media, investors can gain specific insight on sentiment and develop trading signals. Other research analysts are using satellite imagery to understand global supply of commodities like oil & gas or triangulating consumer spend based on the number of cars in shopping center parking lots. Whole new categories of investing are emerging from leveraging analytics and BI Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA.
The ability to track customer transaction histories allows institutions to quickly detect and reduce the incidents of fraudulent activities, the most notable being credit card fraud. The ability to track the communications and behavior of internal employees in trading securities helps institutions comply with new regulation frameworks brought on by the 2008 financial crisis and recent insider trading cases. Unlocking data from siloed asset class systems could help global banks predict credit risk for counterparties across all asset classes.
Accurately estimating the risk of customer loans based on key criteria such as the borrower’s earning capacity and current financial assets—while factoring in new data sets and the prevailing economic climate—is another risk mitigation benefit that BI can provide. BI tools can also be used to analyze credit portfolios, detect potential delinquency cases early, and take quick preventative action.
Technology is transforming the banking and finance industry, and it’s not done yet. Going forward, those institutions that adopt and fully utilize BI solutions to manage risk, increase operational efficiency, and provide products and services that meet real customer needs will be better positioned to enjoy sustained growth, profitability and a competitive edge for years to come.
Bilytica # 1 خدمات هادوب في السعودية Even if the discussion is a little swordplay, each side of the debate has agreed to a portion of the evidence presented by the other side. Hadoop is a relatively new technology that has been generally acknowledged as a useful solution that will provide enormous value to businesses. However, it is not yet developed, and it will take a lot of work to execute it properly. Personally, I like the latter, who believes that EDW would not vanish in decades. The following are some of the reasons why I believe in my position:
Many businesses have spent heavily in conventional EDW in the present IT market, and they are continuing to do so. They do not anticipate to see a significant return on investment in the next few years خدمات هادوب في السعودية. The data and analysis will provide value for the organization in 5 years or longer. Changing the EDW design to a new architecture based on emerging technologies entails risk, additional expenditure, and uncertainty.
Developed And Evolved Continually
EDW is also being developed and improved on a regular basis. We all know that DW was born and raised in the Bill Inman way hadoop Services in Saudi Arabia. And it’s currently being adapted for other types, like the Kimball and data vault models, which I’ll discuss in future postings. All of this suggests that EDW will not go away, but will become more widely used and embraced in system engineering.
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Powerful Machine learning algorithms demonstrate value through three ways that can be easily implemented in your business today.
Reveal and optimize processes in ways
Automated learning can effectively help in processing data that has been too complicated or expensive to analyze before. This gives insights into processes that can be improved in new ways.
Predictive maintenance: Use detailed sensor data and algorithms to deter the first real signals of problems in parts or machines. BI Consultant in saudi-arabia this can save huge sums of money compared to changing them on a regular schedule regardless of whether they are worn or not – worse – wait until the parts fail and production stops. These techniques are even used for expensive human assets such as professional athletes.
Text analysis and classification: Machine learning can be used to extract texts and images from electronic documents, and then classify that information so that it can be analyzed more easily than ever before. Microstrategy Consultant in saudi-arabia uses include analysis of insurance claims texts for potential fraud and emotion analysis for customer retention and drug interactions based on research documents and much more.
Process Automation
Machine learning requires a lot of high-quality data. In most enterprises, this is found in current business applications such as finance, logistics and sales. The data in these systems has already been collected, cleaned and stored over a long period of time, so there is a lot of data available to create useful and useful predictive models.
Machine learning works best when there is a precise decision, thousands of times a day, using a few variables, where the errors are obvious and can be corrected quickly to improve the SAP BO Business Objects Consultant in saudi-arabia For example, “Which of these bank payments corresponds to this invoice?” Much easier than “How can we improve lung cancer survival rates over the long term?”
Few Examples of automatable processes:
Classification of transactions for tax compliance
Predict when needed to renew contracts based on use
Forecasting and delays in transit stock delays
Calculate the optimum length of time between actual inventories to ensure their compatibility with automated systems
Direct customer service requests to the most appropriate teams
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BI #1 Business Intelligence Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA get two pieces of mail from your business – one for you and the other for your accomplice – with an examination offer? Since you have this, you realize how the story unfurls: one of the mailers is meaninglessly destroying or reusing it, and you’re wondering why a bank copy highlight asset Will squander All things considered, when one of them comprehends the trademark thing, then, at that point you realize the need to gather the house.
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How To Use Business Intelligence Solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA To Improve Sales Development During The Crisis Of COVID-19?
What is the Business Sector?
Business Intelligence Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA alludes to a housing system by which banks have isolated client accounts into “family units”, considering past affiliations. For instance, a family unit may comprise of wedded couples, or families with more kids despite everything at home, each with a relatively financial equilibrium. It expects to engage banks to perceive a critical extent of client interactions, for instance, bank stores, credit, and experience, just as to do and design things at the family unit level. Reasonable outcomes are found. The nuclear family is essentially identical to getting information about administrators, yet more redesigns are made to homes.
What are the Benefits of the Business Sector?
We have just got a portion of the advantages of incorporating homegrown work into the Business framework. Different advantages include:
Neighborhood banks permit clients to recollect exact information about the record relationship for client profiles.
Purchasing home books makes it simpler for banks to distinguish between the following smash hit ideas, relying on the connection between the following interaction and client records.
Occupant banks are caught up with sorting out notification and sheets in associations that update the client experience.
Business Intelligence Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA, Grace’s arrangement of test courses of action advances broad development by providing information to banks through clients and web-based media.
Detecting possible dangers within the affiliation saves income with the assistance of relatives, which influences authorities and the non-existent danger of its elimination.
Property holders, as it’s anything but a smooth-running interaction, set a recent fad for onboarding and blueprints, bringing information from existing client records.
Families keep a client from a similar family unit from tolerating different near offers, which can be outgoing and outcast.
What are the financial troubles?
Despite the different advantages of neighborhood records, it is pragmatic for banks to comprehend the progressions that are not without ideal turn of events. For instance, social heritage structures offer just restricted guidelines or affiliations to propel client information reports (MCIFs) or limited time data sets, for instance, assemblages by address or family name. This restricts banks’ capacity to store and supply their units.
Different difficulties related with heritage frameworks include:
Numerous inheritance structures can’t reinforce the robotized division at the business level, relying on them to become manual stores for banks.
The inheritance structure is routinely isolated from the Business Intelligence Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA, which makes it amazing – and at times unimaginable – for its friends and other huge partners of the degree of record information.
BI Company in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA utilizes an assortment of solicitations to offer its different common point of view to some finish of-inheritance customers in request to move in an opposite direction from the human mistake and discipline approach in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA. ۔
Cultural inheritance frameworks regularly utilize manual strategies, which are moderate, ineffective, and compelling. Gather information This manual procedure further expands reaction times, which can eliminate chiefs, progressive client viability, and customer insecurity.
For these and an assortment of different reasons, it is significant that banks invest in existing games designs that offer the capacity to have a declining client division limit and fundamental by and large edges.
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How Might You Keep Your Data Clean?
Somewhat, the product of any home structure includes information cleaning. Disputable information – that is, information that is inaccurate, inconsistent, lacking, copy or obsolete – can likewise eliminate such uncommon programming courses, so it is significant for the data warehouse solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA to guarantee that the bank doesn’t utilize this information. Surrender prior to joining the new framework. Keeping their information clean.
BI#1 Data Warehouse Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSAhas a competitive business environment, large companies have operations in many places within their home country and other parts of the world. Each of their branch offices may generate huge volumes of data on a daily basis, and corporate decision makers require access to those data sources. This is where data warehouses come in. The data warehouse is one of the most important business intelligence tools a business needs to have. It turns the massive amount of data generated from multiple sources into a format that is easy to understand. Here’s some background information about data warehouses and their key benefits for businesses.
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Importance of Data warehouse services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA during covid-19 pandemic
BI Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA has a centralized store of all data generated by the departments of a large organization. It is specially designed for data analysis, generating reports, and for other ad-hoc queries. A data warehouse extracts the huge streams of data from a company’s operational and external databases and turns them into meaningful data, so business decisions can be made based on this information.
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The purpose of a BI Solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA is to record and store current data from users. A database is suitable for the traditional type of data storage method. For instance, a bank ATM uses a database to record their customers’ money transactions in real-time. A data warehouse, on the other hand, is a type of database but specifically designed for data analysis. It is used to store and summarize large volumes of historical data.
Corporate decision makers will no longer have to make important business decisions based on limited data and hunches. Data Warehouse Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA store credible facts and statistics, and decision makers will be able to retrieve that information from the data warehouse based on their personal needs. In addition to making strategic decisions, a data warehouse can also assist in marketing segmentation, inventory management, financial management, and sales.
Because the investment decisions were made a long time ago, the systems bind high resources for both IT and the department and are now reaching their limits, recently I noticed a clear change of opinion. While the statement used to say, “We need a monitoring system,” we hear more and more often: “We want to see better and, at the same time, reduce costs.” When designing the options, different approaches are chosen:
Replacement of the existing system:
A common goal here is to find a system that is easy to use, which facilitates the operation and configuration of the system for non-IT-related specialist users. The departments want to be able to adapt workflows of the system to their own processes, to independently analyze large amounts of data without statistical know-how and to simulate new rules in the combination of scorecards by hand, without having to initiate complex IT processes Artificial intelligence solutions in saudi-arabiaprovides you the assistance in your task . The banks that choose this path have usually reached their threshold with the existing system, and the decision makers at the time have thankfully left the area or the bank.
Optimization of the existing system:
This is mostly about optimizing the rule logic to reduce the false positive rate. One speaks also of “Tuning”. In the first step, the generic rule set is replaced by an individual that more closely matches the bank’s product and customer profile, and then, in a second step, uses statistical methods that define the characteristics and corresponding expressions in the construct of a scorecard meet more precisely. This procedure is only recommended if it is ensured that the necessary statistical know-how is available in the bank and a stable process is established so that it does not remain a one-time exercise AI Solutions in saudi-arabia solve this for you. It is only a matter of time before providers emerge on the market who offer this ongoing optimization of rule logic as a service model.
Complete abolition of classical detection methods:
A new trend that has recently been seen in the press in the context of a leading UK bank is the abandonment of the traditional way of transactional monitoring. The reasons are the ones described above: The classical systems produce too many false positives, and the complex cases do not recognize them at all. Instead, the bank is talking about expanding analytics teams to use artificial intelligence and machine learning to identify money laundering patterns and identify individual cases with Artificial intelligence solutions in saudi-arabia .
Should retain the agility with Artificial Intelligence:
Meanwhile, banks in our language area, at least in part, seem to follow this trend. I am seeing more and more banks building new teams with young scientists who work exclusively with newer technologies in parallel with traditional monitoring. Here’s the challenge of keeping these young teams working outside of the mills of business and IT so that they retain the agility they need in the dynamics of money laundering and fraud. Furthermore, close coordination with the external auditors and supervisory authorities in such a project is essential.
AI Solutions in saudi-arabiarecognized these developments at an early stage and positioned itself as a market-leading supplier of analytical software for optimizing and supplementing existing prevention systems.
Dashboards allow even less professional users to make better business decisions. But when you create a control panel, it is not enough simply to list all the relevant data.
After you create a solid foundation to determine which metrics a user should track, you’ll need to identify the most effective scenarios. The ideal BI Consultant in saudi-arabia dashboard requires a balance between psychology and best practice.
Principles of Interpretation
Proximity: Our brains can combine multiple elements or models together near each other.
Similarity: When objects are similar in shape, size, color or orientation, our brains will link them even when they are not grouped together.
Enclosure: realize that objects are part of a set if they are surrounded by borders.
Closure: When the number is incomplete, our brains will create areas and fill the missing elements.
Continuity: We recognize that parallel objects are a continuous body or chain.
The more you understand how the brain interprets information, the more obvious you can create data scenarios on your dashboard.
How Dashboard Design Best Practices?
In the visual presentation of quantitative data, Data ink is any visual element that cannot be erased without losing important content or content. Ink without data is defined as any element that does not contribute anything of value to the goal Qilkview Consultant in saudi-arabia. The well-designed dashboard will increase the ink-to-data ratio.
Overuse color: it is not necessary to use each rainbow color. Lots of colors can be distracted and confusing. Also, do not use very similar colors. If you use different shades of the same color, make sure the shadows are different enough to differentiate at a glance.
Logos: Unless the control panel is shared with external partners, users should know their company. Including the company logo only takes the space can be used for something more important.
Navigating: If you need to split information into multiple windows or use scroll bars to display a full graph Teradata Consultant in saudi-arabia, you risk losing users to the background. Have you chosen the most important metrics? Do you create a data leak?
3D Elements: 3D charts look good to add some bazas. However, colors, shadows and axial tilt can easily interpret the data. It is best to keep it simple and stay bilaterally.
Guide lines and border: These should be used sparingly, when the context is absolutely required.
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Power BI alerts support key aspects of business intelligence by improving the value and speed of information. You’ll be aware of data changes instead of receiving a report the day after the big switch. Increase BI’s value, and restore precious resources.
Return Time:
Information of anything having too much value if this information is fresh than they have most value. The faster you respond to a new opportunity, the less competition you face on resources. Often, the first enterprise will notice an opportunity is the only profit. Conversely, the faster you deal with a problem, the less damage it will cause. To minimize losses and increase profits, you need information that is not only accurate but also fast. Data-Driven Microsoft Power BI Consulting Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in saudi-arabia alerts give you faster updates than any human engine that you can create manually. This precise level of statistics and control gives you the opportunity to change results and shape your organization’s future.
Saving Time:
There may be restrictions as useful as scheduled reports. This is why Power BI offers multiple features, including data-driven alerts. Changes to these numbers affect your entire organization, and you should know what happens when it happens. This leads to interruption of frequent work flow and unnecessary deviations.
Data-Driven alerts react faster than the human mind to provide the latest information as they develop. Once the alarm is set up, it monitors the selected data independently. You can save time and access your information faster. This feature allows you to focus on what is important while monitoring the system itself.
Strategies:
Many users find business intelligence tools that consume too much time to use frequently. Unfortunately, this harms the overall performance and reduces the value of their investments. However, the last point shows how data-based Power BI Consultant in saudi-arabia alerts change the way you receive new statistics. With your system doing all the work, you can devote more time to planning and execution. You need frequent updates to stay ahead of trend development, and data-driven Power BI alerts provide the fastest information.
If the basic data set changes during the layout, you’ll know instantly. This prevents lost hours assigned to a new schema based on outdated information. Data-Driven alerting can also confirm the value of your course of action. The system helps all stages of planning and helps you avoid unnecessary losses along the way.
In the end, you can control what you get from any BI tool. However, features like Power BI-based data alerts help you get more. Tableau Consultant in saudi-arabia they provide time with faster and more valuable information, and meet the fast pace of today’s business world. If you make these alerts, you will earn a lot more than your initial investment.
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High priority is given to treating patients and patient safety on the health care agenda. As a result, demand for quality measurement has increased, followed closely by some special demands for documentation and data quality. If not handled intelligently, this may be a new burden for healthcare workers.
What I still see is some restraint and slow use of data and advanced analysis to reach better results in the healthcare sector for the benefit of patients. It is time to build analytical structures, and therefore the health care sector should aim to become an analytical organization.
BI Consultant in saudi-arabia It is time to build analytical structures, and therefore the health care sector should aim to become an analytical organization.
SAS has a deep vision in the healthcare sector around the world, and our customers benefit from it. We know that advanced analytics can enable hospitals and regions to work smarter with their data.
Resolving Patient Safety and Quality Challenges
In the area of patient safety and quality, SAS addresses the following challenges:
Automated checks for diagnostic diagnosis.
Automatic journal checks for specific quality indicators.
Automated Journal of Patient Damages.
Automated Infection Analysis.
Prediction of infection.
The following section explains our analytical model of patient safety and quality. The analytical model is easy to implement Microstrategy Consultant in saudi-arabia. Data is reused from existing hospital data sources, for example, patient management system, medical data, microbiological data, biochemistry data, X-ray data and medical records.
Analytical approaches to patient safety and quality allow health care professionals to use accurate data to support their management decisions. Advanced analytics and data accessibility mean that many different analyzes are easily managed and implemented.
The Patient Safety and Quality Solution from SAS Unique
Structured data has been used for many decades; however, unstructured data has not, and has been, used on a small scale. The structure of patient safety and the quality of the solution changes. Common aspirations for all patient safety and quality solutions are:
Dumping manual consumption of resources.
Increased possibilities for timely, reliable, valid and high-quality health care data.
Stop working with samples and perform complete population analysis.
Create management decisions based on population – not sampling.
Can be used to measure clinical quality and patient safety, etc.
Can be used to manage proactive risk.
The patient safety and quality solution is a general framework that allows you to reuse rules and algorithms developed by other organizations. It is accomplished in close collaboration between the client and SAS. SAP BO Business Objects Consultant in saudi-arabia engages deeply and works closely with clients throughout the project and throughout the process.
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