OIL & GAS 5.0 (ESTATION 5.0)

Our solutions focus on providing our clients with capabilities to optimize operations at Service Stations and Plants.

Big Data and the Pitfalls of Spurious Correlations

In Spain, it is estimated that around 68% of industrial companies are considered “digital novices” or “digital followers,” indicating that they have not yet fully adopted digitalization in their businesses and need to do so to improve their competitiveness. When analyzing large datasets, there is a warning about the danger of finding spurious correlations, where variables may appear to be related without any real sense or where a third variable might be influencing the results. Therefore, it is crucial to interpret data with caution, remembering that correlation does not imply causation, and to be aware of how graphs and visualizations are constructed to avoid incorrect conclusions.

Big Data Applied to Healthcare: A Revolution for the Entire Health System

The application of Big Data strategies in the healthcare sector offers numerous benefits, including precise decision-making, improved patient experience, and cost reduction. Collecting and analyzing data can help medical professionals and healthcare administrators make informed decisions about treatments and services. Integrating patient data into a single record allows for integrated medical care, and solutions like electronic data exchange facilitate interoperability and secure clinical information transfer. Additionally, technologies like chatbots, augmented reality, and robotics in healthcare provide further benefits, improving patient admission, surgical practice, and home care. In summary, Big Data has the potential to transform healthcare, enhancing quality and reducing costs.

ZENPOINT

The Evolution in Document Management.

Big Data and Insurance: Towards a Risk Prediction and Prevention Industry

The entire insurance business concept is based on risk assessment. Whether it is property and casualty insurance or any other type of life, home, or auto policy, the main task is to assume the potential relevant risks for each client and predict the likelihood that the policyholder will file a claim.

Big Data, Small Data: It All Depends on How You Look at It

Big Data refers to large volumes of complex data that cannot be processed by traditional software tools. It is characterized by the three V’s: Volume, Velocity and Variety. Small Data is a subset of Big Data, referring to smaller and more easily accessible data. The term Big Data emerged in the 1980s with the massive growth of the internet and the increase in generated data. However, the perception of whether it is manageable or not depends on the context and human capacity to process it. Starting with Small Data can be an initial step into the world of Big Data, especially in commercial or production areas, as it provides gradual learning and training.

Telehealth as a Strategy

Solving Hard Things: How Medifé Built Stable Telehealth Services Amid a Global Crisis

Problem Definition: A Shared Responsibility in Data Management

In a data science strategy, the precise definition of the problem is crucial. Asking the right questions enables us to obtain insights, predictions, and useful knowledge for businesses in a big data environment. It is important to involve all stakeholders within the organization and use direct methods to frame the problem, integrating perspectives from different areas. Collaboration between data scientists and business users is fundamental to the success of the project.

Data as the Engine for a New Robotics

Compared to other fields, robotics has particular characteristics because its goal is to enable a physical agent to interact with the real world.

Industry 4.0: Long Live the Reign of Data

Businesswoman networking using digital devices

Industrial Revolutions have transformed society and economy throughout history. The Fourth Industrial Revolution is characterized by the use of data and artificial intelligence, with a high level of information exchange. Companies must migrate to a data-centric relationship model, organizing and understanding information to meet customer needs and optimize information flows. Before digitalizing, it is necessary to organize the data.