I do a lot of talk about data mining and especially as relates to the healthcare business and I talk about watching what is going on with subsidiary actions with companies and this just seems to be a bit of software that might help that effort as I watch. Obviously the CIA and Google are giving it a thumbs up. As mergers and acquisitions occur today we don’t always remember who owns who and what companies they fund and do business with. Data bases and queries are being connected to work together like you may not have ever imagined and it does create intelligence. In writing this blog I am beginning to see more and more with the research I do.
I signed up for a free account to see what it delivers and granted for free I’m not going to get the as much as a subscriber would but watch the videos and see how the mining brings together social networks and everything else on the web. The visuals below show pharmaceutical companies as an example in data mining and predictions so if this is correct and offers what the public is looking for, investors and others having interest may have found a new tool.
Recorded Future uses no plug ins, just a browser. We shall see how it works and shoot maybe this is a future model of an EHR with patient care!
From the website:
“Recorded Future is bringing a new category of analytics tools to market. Unlike traditional search engines which focus on text retrieval and leaves the analysis to the user, we strive to provide tools which assist in identifying and understanding historical developments, and which can also help formulate hypotheses about and give clues to likely future events. We have decided on the term “temporal analytics” to describe the time oriented analysis tasks supported by our systems.”
“We believe the future focus of business intelligence will be all about looking outside corporations and generating data and analytics for decision making based on the world, not just historical enterprise data. This is Recorded Future.”
I recently pointed out to watch United Health Group as an example with a ton of subsidiary action going on and guess they are in this business with Ingenix, their data base mining, analytics, and transaction software people, that is what they do to create bit profits with software.
UnitedHealth Group 2nd Quarter Profits for 2010 Rose 31% – Expects Revenues of 93 Billion for the Year
You can also read more here about the movements of investments and I mention all of this as it will help make sense and create an understanding of what is going on out there as things have changed a lot with the level of business intelligence created and available today. I don’t say that I like all of it either, but again the awareness before someone “out techs” you and takes your money. This is partly why I put the word “algorithms” in the center of this blog to create that awareness of what is happening with the use of computer language and code, it’s getting very smart and knows how to make transactions that create profits.
Private Equity Firms And Hospital Buy Outs – More Projected to Come Along And Payer Technology Firms Too
They have an API so it can be developed for inclusion with other dashboards of information and as I understand here the software scours feeds, documents, you name that is one the web where others miss out.
The investment arms of the CIA and Google are both backing a company that monitors the web in real time — and says it uses that information to predict the future. I know I have said this many times but there are those with the algorithms that have all the money and go to battle with machine guns while the rest of us are still dragging around swords and daggers, and there’s little to debate on who wins.
Healthcare intelligence is moving this direction too so if you have been living under a rock and haven’t seen what is occurring lately, read up everywhere and tune in as it may not make you any happier, as it doesn’t do that for me either, but at least you will know what processes are creating the algorithmic shift of money and who’s at the helm. The video below has nice music and shows a mock up with terrorism analytics for another example. BD
The company is called Recorded Future, and it scours tens of thousands of websites, blogs and Twitter accounts to find the relationships between people, organizations, actions and incidents — both present and still-to-come. In a white paper, the company says its temporal analytics engine “goes beyond search” by “looking at the ‘invisible links’ between documents that talk about the same, or related, entities and events.”