Creating Business Insights from Data: Moving Beyond Dashboards with Power BI
In today’s data-driven business landscape, organisations are flooded with more data than ever before. From transaction histories to customer behaviour patterns, data can drive decision-making at all levels. However, the mere collection...
Risk Stratification: A Tool Falling Short in Real-World Impact
Risk stratification has long been heralded as a promising approach in healthcare, aiming to identify patients at varying levels of risk for adverse health outcomes. The fundamental idea is that by accurately...
Streamlining AI Development: A Vertically Integrated Approach for Seamless Model Deployment
Vertically integrated artificial intelligence (AI) development model, which breaks down the traditional barriers between different supply chain components, aiming for a more streamlined and cohesive approach. The model is structured in layers,...
Overcoming Challenges in NHS Procurement with Data-Driven Strategies
NHS procurement is fraught with challenges ranging from complex regulatory frameworks and budget constraints to supply chain disruptions and technological limitations. The introduction of the new Procurement Act 2023 adds another layer...
Ethical Considerations of AI and ChatGPT in Procurement
Introduction The National Health Service (NHS) is a cornerstone of the United Kingdom’s public sector, providing healthcare services to millions. As the NHS faces increasing demand, budget constraints, and the need for...
Harnessing Data to Enhance Market Engagement in UK Public Procurement
Data has become a cornerstone in almost every sector, and public procurement is no exception. In the UK, public procurement is heavily regulated, with an emphasis on transparency, fairness, and efficiency. The...
Bayesian Probability Theory and Its Relevance to Public Sector Procurement in the UK
Bayesian probability is a fascinating and powerful concept within the world of statistics and decision-making. Named after the 18th-century mathematician Thomas Bayes, this theory offers a unique way of thinking about probabilities,...
Process Mining Using Power BI
Power BI is a versatile business analytics tool that can be used for process mining when combined with event logs and process mapping techniques. This guide will walk you through how to...