If hindsight is 20/20 for businesses, what is the value of laser-focused foresight? For companies like Amazon, it could mean beginning to ship customers’ packages before they even order them, giving the retailer an unparalleled advantage in shipping speed. Today, the value of predicting the future of markets and consumers is on the rise, but the trend isn’t based on anything as mystical as tea leaves or palm reading: Simply put, it’s all about the data.
Dartmouth-Hitchcock Health System is using Microsoft’s Cortana Analytics Suite and Microsoft Dynamics to create a new type of healthcare. It will use predictive analytics to focuses on prevention, better care and cutting costs.