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 4Sight Technologies - Newsroom

4Sight BI Perspective: Health Care Published on: 07/09/2014

BI Keeps Health Care Healthy

 

Most discussions about health care tend to focus on who pays for it and how much it costs. But there are many other areas of rapid change in the industry, and Business Intelligence is playing an important role in helping physicians, hospitals, payers, and compliance officials get the most out of...

4Sight-BI Perspective, May, 2014 Published on: 07/05/2014

Activity-Based Costing, Business Intelligence, and Profitability

If your company sells a wide variety of products or services, it can be hard to tell which offerings are the most profitable and which aren’t pulling their weight.  Accounting tries to address this by establishing costs for each product or service. But cost assignment is a notoriously difficult problem, because although it’s pretty straightforward to measure the...

4Sight BI Perspective, April, 2014 Published on: 07/05/2014

BI Strikes Out the Status Quo

Last month’s MIT Sloan Sports Analytics Conference featured an intriguing research paper revealing that baseball umpires show a strong statistical tendency to avoid making “pivotal” calls. When there are two strikes on the batter, the umpire’s strike zone “shrinks,” and he is less likely to call a strike. By contrast, when there’s a three-ball count, the strike zone expands,...

4Sight BI Perspective, March, 2014 Published on: 07/05/2014

BI improves auditors’ vision

In previous months, we’ve looked at how BI and data analytics are useful for detecting fraud. A related BI application gaining wider currency is internal audit. Managing risk and improving internal audit effectiveness are two ways a BI system can pay for itself.

Or, looked at another way, BI can help internal audit pay for itself. According to the PwC 2013 State of the...