Analytics

We are excited to welcome the first release of 2020 which provides greater value through enhanced capabilities across our data analytics platform.

When a market grows as quickly as implantable medical devices, set to top a staggering $153.8 billion by 2026, the potential risk to patients can rise as well. As implantable medical devices proliferate, so do the number of costly, life-threatening, and reputation-tarnishing recalls. A single large recall can account for millions of device units.

“If you can’t measure it, you can’t improve it” …this quote by Peter Drucker and the philosophy behind it is a key driving force behind modern management and the introduction of BI solutions to support the scaling and increased complexity of businesses. Analytics tools were developed to enable metric measurement and business monitoring across large scale, complex systems and to enable continuous improvements of business performance.

We are continuing our blog series about implementing real-time log aggregation with the help of Flink. In the first part of the series we reviewed why it is important to gather and analyze logs from long-running distributed jobs in real-time. We also looked at a fairly simple solution for storing logs in Kafka using configurable appenders only. As a reminder let’s review our pipeline again

Last September, the revised Payment Services Directive 2 (PSD2) went into full effect, shifting open banking from futurism to a regulatory requirement for retail banks. But the EU is not alone in wanting to open up consumers’ financial data via APIs (application programming interfaces) to trusted Third Party Providers (TPPs). Neobanks and fintechs have been marrying technology and customer data as a market-grabbing strategy, thus increasing their competitive edge.