To start a blog post with such a phrase in order to introduce the finalization of a 4-year project might sound a bit pathetic. Still I think that LOD2 has opened a new door for Wolters Kluwer and for the industry as a whole to better cope with the fundamental transformation process we already face and will be facing in the coming years.
Expanding the use of telemedicine under Medicare is the goal of a recently proposed piece of bi-partisan legislation. The bill, known as the Medicare Telehealth Parity Act of 2014, is designed to create more parity between telemedicine and traditional in-person care. U.S. Representatives Mike Thompson (D-CA) and Gregg Harper (R-MS) introduced the bill. In reference to their motivation, Thompson said, “By expanding telehealth services, we can make sure the best care and the best treatments are available to all Americans, no matter where they live.” Read further >
Three years ago on this blog, I commented on the importance of design in alerting systems, citing a study that indicated that the most important factor in alert acceptance was the quality of the display of the alert. This factor had an odds ration of 4.75, far outweighing the level of the alert (high, moderate or low risk), which had an odds ratio of 1.74. Read further >
Legal knowledge management (KM) has been through many phases with mixed success. It goes through phases of being fully funded but later subject to budget cuts. Read further >
One of my recent posts received various comments on the blog, and also sparked some animated discussions with my colleagues and friends about the fact that intellectual workers like lawyers will be replaced by robots quite soon. Someone tried to guess how many years will it takes, while others believe that this will never happen. Read further >
As I was traveling across the Atlantic and looking out the window at the GE logo on the jet engine of the Boeing 747, I was reminded of this story in Wired about how GE spent $7,000 in prize money on a competition to redesign a very specific piece of that engine to reduce weight. The winning solution from a young engineer in Indonesia resulted in millions of savings for GE. That’s a pretty amazing return. Read further >
Data vs. Information:
Raw data by itself is not very interesting. However, by applying purposeful processing with analytic algorithms to your data you can turn the unattractive bundles of characters and numbers into information and patterns, thus exposing the beauty and value of the data. But wait, there’s more. Information that is merely explanatory is less valuable than information that leads to action. So the promise from data science is that the value for your data is in the analytics and that the highest value is in the analytics that leads to action. Do you agree? Let us examine the value chain of analytics together.
One of the biggest sport events has just ended and Germans like myself are currently live in some sort of fairy tale. Since sports are all about emotion, devotion and people, it is all about us and this “One moment in time.”
Our annual Wolters Kluwer Technology conference took place in July in both Boston and Amsterdam. Over the last 3 years, we’ve moved from “Technology and Business,” towards “Technology supports Business,” to “Technology is Business.” Read further >