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Data Analytics – Understand the world around you through “Data”

by BusinessDigitalTechnology

I think from the title, you might have the idea about what we are going to read about. Exactly, we are going to read about Data Analytics. 

What is Data Analytics? It is the process of gathering all the raw data and analyzing it to determine the pattern and making decisions. However, knowing just this is not enough to understand the whole concept. So, let us dive into the entire concept of Data Analytics.

Concept of Data Analytics: Data Analytics is a wide term as any type of information can be used in Data Analytics, it helps determine the taste and trends of the market. Analyzed information can be used to help make better decisions and growth of business. 

For example: 

  1. Manufacturing Company gathers machine run time and down time. Through that information, they can analyze and determine the hours of workload so the machine works at its full capacity.
  2. Marketing companies use Data Analytic to figure out the demand, supply, taste, trends, and season of the market and then help accordingly to introduce products and services in the market.
  3. Gaming companies use data analytics to determine the need to make changes in game. Such as, to reward schedules for players who play for a particular time which keeps them active in the game.

How to Analyze Data? What is the process?

  1. Determine the data requirement according to the group, such as, by age, by education, by experience, etc.
  2. Collect data through different sources such as, online, agency, existing surveys, or personnel questionnaires.
  3. After collecting data, organize it accurately to analyze it.
  4. Then clean up before data analytics. This process helps ensure there is no error or duplicate data. After cleaning up, it is then used to analyze Data.

 Types of Data Analytics:

  1. Descriptive Analytics: This type, describes the data in the particular period and helps compare it to the past. For e.g. – Comparison of sales between last month and present month.
  2. Diagnostic Analytics: This type focuses on why something occurred. For e.g. – Did the winter season affect ice cream sales?
  3. Predictive Analytics: This type focuses on determining what will likely happen in future. For e.g. – How will an IPL match affect the environment of Covid lockdown?
  4. Prescriptive Analytics: This type suggests a course of action. For e.g. – this summer we should take this action and sales will increase by 15%.

What are the benefits of Data Analytics:

  1. Optimize and improve business performance.
  2. Helps reduce cost.
  3. Helps make better decisions.
  4. Helps analyze trends, taste, and demand of the market.

 Who uses Data Analytics?

Several sectors have adopted Data Analytics. But to name a few, almost every travel, marketing, accommodation, and almost every service industry uses Data Analytics. Manufacturing industries also use Data Analytics to grow business. Health care industries use it to determine the number of patients and revenue of the particular financial year to compare with previous years.

 We @Cloudploys provide accurate information for you to understand the concept. We @Cloudploys provide service of Data Analytics. Data Analytics is crucial for every business and helps grow and reduce cost. Now, it is on you to decide whether to acquire such effective technique or not. Stay tuned for more!

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Tech- Ruling the Medical World

by BusinessDigitalTechnology

 Tech- Ruling the Medical World        

As it is rightly said, “Every coin has two sides” in the same manner. The pandemic showed us how powerful technology can be by ruling the medical world in the times of crisis. It not only propelled several promising medical technologies but many of them were also tested on a massive scale. Not only that but also it helped transform the unsustainable healthcare system into a sustainable one by improving communication channels between the medical professionals and the patients. Also, providing them with cheaper, faster and effective solutions.

 

“With the rapid advancement in healthcare, we now live in a world where the gadgets which were once only a dream are now a reality!”

Let’s have a look at how technology revolutionized the healthcare system:

 

1. Revolutionary Medical Devices

When it comes to gadgets, every healthcare professional has a dream to have that one powerful instrument that can diagnose and analyze any medical condition. There is a palm-sized device available in the market, which can assess ECG, heart rate, oxygen saturation, temperature, blood pressure, and more. Other firms are working on comparable devices to track multiple vital factors, and have a camera for telemedicine. Although the currently available instruments are quite far from the anticipated medical instrument, which is a scanning device used by consumers to self-diagnose medical conditions  within seconds  and take basic vital measurements. Although, we do not have them available in the market yet but we will get there soon. We will also witness high-power microscopes with smart cell phones to analyze the swab samples and many more.

 

2. Revolutionizing drug development

Developing the new drug has never been easier, it is a lengthy and costly process including various phases of trials. However, methods ranging from silico trials to artificial intelligence can be used to improve medication development. Many companies are using artificial intelligence to develop new drug candidates and novel therapeutic solutions in record time, reducing costs and saving lives. Imagine being able to test thousands of new potential medications in minutes on billions of virtual patient models. This may be the situation in the not-too-distant future.

 

3. Nanotechnology

We aren’t far from the day when nanoparticles and nanodevices will be used as precise drug delivery systems, cancer treatment tools or tiny surgeons. We can say that we are at the beginning of the nanomedicine era, as many researchers have developed scallop-like microbots that could swim through your physiological fluids in the recent past. Smart small tablets are already being used for non-invasive, patient-friendly colon inspections. Not only that but also, researchers developed a remotely controlled electronic pill that can communicate diagnostic information or release medications in response to smartphone orders. We will see more practical examples of nanotechnology in medicine as technology advances.

 

 4. 3D-Printing  

Undoubtedly, 3D- Printing has the potential to bring wonders to the medical world in every way. We can now print bio tissues, artificial limbs, medications, blood vessels, and the list goes on, and it is likely that we will continue to do so in the future. A group of researchers have devised a method to 3D-print living skin and blood arteries recently. Furthermore, This technique also benefits the pharmaceutical business, since 3D-printed medications were approved. 

 

5. Virtual Reality

VR is not only transforming the lives of patients but the doctors too! You may be able to see surgeries as if you were the surgeon in the future, or you may be able to go to Iceland or back home while lying in a hospital bed. Virtual Reality is being used widely to teach future surgeons as well as to practice surgeries by current surgeons. Many companies have created and delivered such software programmes, which are currently in use with promising results. Talking about patients, many women have been made to wear the virtual reality headsets while in labor and it has shown to be beneficial in pain management.  

 

6. Augmented Reality

The distinct feature about Augmented reality is that users do not lose touch with reality and it puts information into eyesight efficiently. Also it proves to be beneficial for the medical practitioners as it may assist medical students better prepare for real life surgeries while also allowing surgeons to improve their skills. Medical students can learn the subject without using real bodies by using this technology, which gives them access to comprehensive and precise, but virtual, models of the human anatomy. 

 

7. Robotic Surgery

Robotic have had the influence on medical care since long, but the technology underlying it has developed tremendously. Robotic surgery is likely the most noticeable because it is less intrusive, more accurate, less prone to infection, and heals faster than traditional surgery. Image-guided robots can now see inside brain lesions without causing any damage to the surrounding tissue. They can mold a bone to suit a prosthesis with greater precision than a person could. Also the arrival of ultrafast 5G has increased the number of robotic surgeries significantly. 


We at CloudPloys make sure to provide our clients with the latest technological advancement with a vision to bring a revolution. We believe the medical revolution is a universal advancement of the human race and any innovation will be a “greater good” than one’s imagination and CloudPloys will be thrilled to be a contributor of this positive externality.