Deriving Value from Big Data Analytics in Healthcare: A Value-focused Thinking Approach

With the potential to generate more insights from data than ever before, big data analytics has become highly valuable to many industries, especially healthcare. Big data analytics can make important contributions to many areas, such as enhancements in the quality of patient care and improvements in operational efficiencies. Big data analytics provides opportunities to address concerns such as disease diagnoses and prevention. However, it has posed challenges such as data security and privacy issues. Also, healthcare institutions have concerns about deriving the greatest benefit from their big data analytics endeavors. Therefore, identifying actionable objectives that can help healthcare organizations derive the maximum value from big data analytics is needed. Using the value-focused thinking (VFT) approach, we interviewed individuals associated with data analytics in healthcare to identify actionable objectives that one needs to consider to derive value from big data analytics, which practitioners can use for their own endeavors and provide opportunities for future research

Preterm Birth Prediction: Deriving Stable and Interpretable Rules from High Dimensional Data

Preterm births occur at an alarming rate of 10-15%. Preemies have a higher risk of infant mortality, developmental retardation and long-term disabilities. Predicting preterm birth is difficult, even for the most experienced clinicians. The most well-designed clinical study thus far reaches a modest sensitivity of 18.2-24.2% at specificity of 28.6-33.3%. We take a different approach by exploiting databases of normal hospital operations. We aims are twofold: (i) to derive an easy-to-use, interpretable prediction rule with quantified uncertainties, and (ii) to construct accurate classifiers for preterm birth prediction. Our approach is to automatically generate and select from hundreds (if not thousands) of possible predictors using stability-aware techniques. Derived from a large database of 15,814 women, our simplified prediction rule with only 10 items has sensitivity of 62.3% at specificity of 81.5%.Comment: Presented at 2016 Machine Learning and Healthcare Conference (MLHC 2016), Los Angeles, C

Big data academic and learning analytics: connecting the dots for academic excellence in higher education

Purpose Although big data analytics have great benefits for higher education institutions, due to lack of sufficient evidence on how big data analytics investment can pay off, it is tough for HEIs practitioners to realize value from such adoption. The current study proposes a big data academic and learning analytics enabled business value model to explain big data analytics potential benefits and business value which can be obtained by developing such analytics capabilities in HEIs. Design/methodology/approach The study examined 47 case descriptions from 26 HEIs to investigate the causal association between the big data analytics current and potential benefits and business value creation path for big data academic and learning analytics success in higher education institutions. Findings The pressure of compliance with all legal & regulatory requirements and competition had pushed higher education institutions hard to adopt BDA tools. However, the study found out that application of risk & security and predictive analytics to higher education fields is still in its infancy. Using this theoretical model, our results provide new insights to higher education administrators on ways to create big data analytics capabilities for higher education institutions transformation and suggest an empirical foundation that can lead to more thorough analysis of big data analytics implementation. Originality/value A distinctive theoretical contribution of this study is its conceptualization of understanding business value from big data analytics in the typical setting of higher education. The study provides HEIs with an all-inclusive understanding of big data analytics and gives insights on how it helps to transform HEIs. The new perspectives associated with the big data academic and learning analytics enabled business value model will contribute to future research in this area

Towards the Use of Big Data in Healthcare: a literature review

The interest in new and more advanced technological solutions is paving the way for the diffusion of innovative and revolutionary applications in healthcare organizations. The application of an artificial intelligence system to medical research has the potential to move toward highly advanced e-Health. This analysis aims to explore the main areas of application of big data in healthcare, as well as the restructuring of the technological infrastructure and the integration of traditional data analytical tools and techniques with an elaborate computational technology that is able to enhance and extract useful information for decision-making. We conducted a literature review using the Scopus database over the period 2010-2020. The article selection process involved five steps: the planning and identification of studies, the evaluation of articles, the extraction of results, the summary, and the dissemination of the audit results. We included 93 documents. Our results suggest that effective and patient-centered care cannot disregard the acquisition, management, and analysis of a huge volume and variety of health data. In this way, an immediate and more effective diagnosis could be possible while maximizing healthcare resources. Deriving the benefits associated with digitization and technological innovation, however, requires the restructuring of traditional operational and strategic processes, and the acquisition of new skills

Artificial intelligence and UK national security: Policy considerations

RUSI was commissioned by GCHQ to conduct an independent research study into the use of artificial intelligence (AI) for national security purposes. The aim of this project is to establish an independent evidence base to inform future policy development regarding national security uses of AI. The findings are based on in-depth consultation with stakeholders from across the UK national security community, law enforcement agencies, private sector companies, academic and legal experts, and civil society representatives. This was complemented by a targeted review of existing literature on the topic of AI and national security. The research has found that AI offers numerous opportunities for the UK national security community to improve efficiency and effectiveness of existing processes. AI methods can rapidly derive insights from large, disparate datasets and identify connections that would otherwise go unnoticed by human operators. However, in the context of national security and the powers given to UK intelligence agencies, use of AI could give rise to additional privacy and human rights considerations which would need to be assessed within the existing legal and regulatory framework. For this reason, enhanced policy and guidance is needed to ensure the privacy and human rights implications of national security uses of AI are reviewed on an ongoing basis as new analysis methods are applied to data

A Critical Evaluation of Business Improvement through Machine Learning: Challenges, Opportunities, and Best Practices

This paper presents a critical evaluation of the impact of machine learning (ML) on business improvement, focusing on the challenges, opportunities, and best practices associated with its implementation. The study examines the hurdles faced by businesses while integrating ML, such as data quality, talent acquisition, algorithm bias, interpretability, and privacy concerns. On the other hand, it highlights the advantages of ML, including data-driven decision-making, enhanced customer experience, process optimization, cost reduction, and the potential for new revenue streams. Furthermore, the paper offers best practices to guide businesses in successfully adopting ML solutions, covering data management, talent development, model evaluation, ethics, and regulatory compliance. Through real-world case studies, the study illustrates successful ML applications in different industries. It also addresses the ethical and social implications of ML adoption and discusses emerging trends for future directions. Ultimately, this evaluation provides valuable insights to enable informed decisions and sustainable growth for businesses leveraging machine learning

Leveraging Big Data Analytics to Improve Quality of Care In Health Care: A fsQCA Approach

Academics across disciplines such as information systems, computer science and healthcare informatics highlight that big data analytics (BDA) have the potential to provide tremendous benefits for healthcare industries. Nevertheless, healthcare organizations continue to struggle to make progress on their BDA initiatives. Drawing on the configuration theory, this paper proposes a conceptual framework to explore the impact of BDA on improving quality of care in health care. Specifically, we investigate how BDA capabilities interact with complementary organizational resources and organizational capabilities in multiple configurations to achieve higher quality of care. Fuzzy-set qualitative comparative analysis (fsQCA), which is a relatively new approach, was employed to identify five different configurations that lead to higher quality of care. These findings offer evidence to suggest that a range of solutions leading to better healthcare performance can indeed be identified through the effective use of BDA and other organizational elements

Big Data Research in Information Systems: Toward an Inclusive Research Agenda

Big data has received considerable attention from the information systems (IS) discipline over the past few years, with several recent commentaries, editorials, and special issue introductions on the topic appearing in leading IS outlets. These papers present varying perspectives on promising big data research topics and highlight some of the challenges that big data poses. In this editorial, we synthesize and contribute further to this discourse. We offer a first step toward an inclusive big data research agenda for IS by focusing on the interplay between big data’s characteristics, the information value chain encompassing people-process-technology, and the three dominant IS research traditions (behavioral, design, and economics of IS). We view big data as a disruption to the value chain that has widespread impacts, which include but are not limited to changing the way academics conduct scholarly work. Importantly, we critically discuss the opportunities and challenges for behavioral, design science, and economics of IS research and the emerging implications for theory and methodology arising due to big data’s disruptive effects

Empowering remittance management in the digitised landscape: A real-time Data-Driven Decision Support with predictive abilities for financial transactions

Blockchain technology (BT) revolutionised remittance transactions recording, banks and remittance institutes have shown growing interest in exploring blockchain\u27s potential advantages over traditional practices. This paper presents a data-driven predictive decision support approach as an innovative artefact designed for blockchain-oriented remittance industry. Employing theory-generating Design Science Research (DSR) approach, the transaction Big Data (BD) driven predictive emerged. The artefact integrates Predictive Analytics (PA) and Machine Learning (ML) to enable real-time transactions monitoring, empowering management decision-makers to address challenges in the uncertain digitized landscape of blockchain-oriented remittance companies. Bridging the gap between theory and the practice, this research safeguards the remittance ecosystem while fostering future predictive decision support solution with its PA advancement in other domains. Additionally, the generation of theory from the artifact\u27s implementation enriches the DSR approach and fosters grounded and stakeholder theory development in the Information Systems (IS) domain