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Becoming a Data-Driven Healthcare Organization: Info-Tech Releases New Blueprint for Maximizing Data Insights in a Complex Environment

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As healthcare organizations confront the complexities of managing vast amounts of data, Info-Tech Research Group has published a blueprint that will provide IT leaders in the healthcare industry with essential strategies to overcome challenges such as data silos, compliance issues, and cybersecurity threats. The comprehensive resource outlines a clear roadmap for healthcare organizations to position themselves to unlock the value in their data and drive more effective decision-making. The firm advises that by adopting a unified data strategy, healthcare providers can leverage insights to drive informed decision-making and ultimately improve patient care outcomes.

TORONTO, Nov. 4, 2024 /PRNewswire/ – Info-Tech Research Group has published new industry insights for IT leaders in the healthcare sector. The global research and advisory firm explains in Build a Holistic Data Strategy for Your Healthcare Organization that as healthcare organizations face a rapid surge in data, they will encounter critical challenges such as fragmented data silos, stringent compliance mandates, and increasing cybersecurity risks. These issues can limit the industry’s ability to leverage data for strategic insights and data-driven decision-making. Info-Tech Research Group’s recently published blueprint was developed in response to help IT leaders in healthcare navigate complex data landscapes and transition toward optimized, insight-driven patient care.

“The lack of integrated systems and data silos, coupled with regulatory compliance requirements, often hinder effective data management in healthcare,” says Sharon Auma-Ebanyat, research director at Info-Tech Research Group. “Additionally, competing priorities, cybersecurity threats, and limited data literacy further complicate the ability to harness data’s full potential. These obstacles highlight the need for a cohesive strategy to optimize data assets, particularly in the context of AI applications and health information exchanges.”

The firm’s newly released resource emphasizes the urgent need for healthcare organizations to adopt a unified data strategy to navigate today’s complex data environment. Info-Tech advises that by prioritizing essential areas such as data integration, compliance, and data literacy, healthcare providers can use data more effectively for strategic insights and informed decision-making. This structured approach, when aligned with core business objectives, enables healthcare organizations to become truly data-driven, maximizing data assets to enhance operational efficiency and patient care outcomes.

In its Build a Holistic Data Strategy for Your Healthcare Organization blueprint, Info-Tech outlines the following as key drivers for IT leaders to consider when building a data strategy for their healthcare organizations:

Enhancing patient care: Use analytics to provide personalized care plans, predict patient risks, and improve treatment outcomes.

Operational efficiency: Apply data analytics to streamline hospital operations, reduce wait times, and improve patient flow and throughput.

Financial performance: Use analytics to manage costs, optimize resource allocation, and improve billing accuracy.

Quality improvement: Focus on outcome measures like mortality rates, readmission rates, and variable costs per case to drive quality improvements.

Strategic decision-making: Leverage predictive analytics for informed decision-making and strategic planning.

Regulatory compliance: Ensure that analytics help you meet healthcare regulations and standards.

Technology integration: Integrate advanced analytics tools with existing healthcare IT systems for seamless data analysis.

Innovation and research: Harness the power of data to fuel research and development, leading to new treatments and technologies such as AI and ML adoption in analytics.

By implementing the insights and recommendations from Info-Tech’s data-backed industry resource, IT can help healthcare providers address the complexities of data management, maximize the value of their data assets, and support AI applications like AI and health information exchanges. A strategic and structured data approach enables seamless integration of clinical and claims data, which is essential for early illness prediction, streamlined hospitalization processes, and, ultimately, higher-quality patient care and better health outcomes.

For exclusive and timely commentary from Sharon Auma-Ebanyat, an expert in the healthcare industry, and access to the complete Build a Holistic Data Strategy for Your Healthcare Organization blueprint, please contact pr@infotech.com.

About Info-Tech Research Group

Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights.

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.

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SOURCE Info-Tech Research Group

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China-Africa photo and video competition holds award ceremony, welcomes African winners to Beijing

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BEIJING, Nov. 7, 2024 /PRNewswire/ — A Report From GLOBAL TIMES ONLINE:

The award ceremony of the “My Chinese Story” China-Africa Photo and Video Competition was held in Beijing on Nov. 1.

Diplomatic envoys from nearly 30 countries to China, such as Egypt, Republic of the Congo, and Central African Republic attended the ceremony and gave high credit to the competition.

“The friendship between China and Africa needs no elaborate words; our bond is growing deeper and stronger,” said Kenneth S. Rabale, Ambassador of the Kingdom of Lesotho to China.

Twenty prize winners of the competition from South Africa, Egypt and Madagascar were invited to a five-day Beijing visit on the sidelines of the award ceremony from Oct. 30 to Nov. 3.

They visited the Palace Museum, also known as the Forbidden City on the central axis of the Beijing city, stepped onto the Badaling Great Wall, and experienced Beijing culture at the Qianmen Gate and the Laoshe Teahouse.

They also went to a new energy vehicle development center to witness the rapid development of Chinese technology, and joined seminars with students of Tsinghua University and journalists to look into the future development of China and Africa.

During the Beijing visit activity, a video of RUCHINGA CHERUBALA HUGUES, a young man from the Democratic Republic of the Congo, performing Kung Fu and playing cucurbit flute, or hulusi, on the Great wall, went viral on short video platforms.

Prize winners joining the Beijing visit activity noted that they would keep serving as envoys of ChinaAfrica cultural exchanges, and spread what they saw and felt in China to every corner of the world.

The “My Chinese Story” China-Africa Photo and Video Competition was co-hosted by the Secretariat of the Chinese Follow-up Committee of the Forum on China-Africa Cooperation and the China Public Diplomacy Association, and organized by Global Times Online.

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Evercomm and CTBC Bank Announces the Joint Development of its AI-powered Green Finance Management Platform, Aimed at Enabling Southeast Asian Businesses’ Decarbonisation Efforts

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The announcement marks Evercomm’s appointment as a key partner in CTBC Bank’s suite of Science-Based Transition Financing Solutions

SINGAPORE, Nov. 7, 2024 /PRNewswire/ — Evercomm, a leading provider of digital sustainability solutions, and CTBC Bank, Taiwan’s largest privately owned bank, today announced their strategic partnership to leverage artificial intelligence (AI) in advancing green financing and enabling science-based transition planning, based on the two companies’ shared vision of empowering Southeast Asian businesses to realise their transition to a low-carbon economy. The region is acutely vulnerable to the effects of impact change, but it also holds a massive opportunity for businesses in the region to pursue low-carbon economic growth. [1] As part of this partnership, Evercomm and CTBC Bank will jointly develop an AI-powered Green Finance Management Platform, which is based on the Monetary Authority of Singapore’s AI in Green Fintech initiative.

The partnership was commemorated at a signing ceremony held at the Singapore Fintech Festival 2024, and was attended by Mr. Tony Yang (CEO, CTBC Bank), representatives from key Taiwanese authorities, including the Kaohsiung City Government and the Industrial Technology Research Institute (ITRI), as well as ecosystem partners from Singapore, such as Capital Quantum and Metaverse Green Exchange (MVGX).

Urgency for Southeast Asia to Transition to a Low-Carbon Economy

In addition to Southeast Asia’s climate vulnerabilities, in the areas of rising sea levels, extreme weather events, and loss of biodiversity, the region’s economy is heavily dependent on natural resources and agriculture, which are also threatened by climate change. A low-carbon transition is urgently necessary to enhance economic resilience and ensure sustainable growth for its 675 million population. By leading the way in sustainable development, Southeast Asia can set an example for other regions and contribute significantly to the global green transition.

Says Ted Chen, CEO of Evercomm, “Through our partnership with CTBC Bank, we are bringing robust digital solutions to businesses across Southeast Asia, empowering them to achieve their decarbonisation goals and contribute to the global green transition. More importantly, this collaboration highlights that sustainable transformation knows no borders, and with Singapore as a launchpad, we are excited to extend CTBC’s influence in the Southeast Asia region in its widely-awarded and industry-leading efforts to apply sustainable finance to support real-world decarbonisation efforts.”

Tony Yang, CEO of CTBC Bank, remarked, “Through the AI-powered Green Finance Management Platform, made possible through our partnership with Evercomm, we are now able to more accurately assess the impact of loan approvals on carbon reduction commitments, and monitor changes in the finance portfolio in real-time, thereby strengthening our capability to ensure businesses achieve their decarbonisation goals. Ultimately, this enables CTBC Bank to better facilitate sustainable transformation of industries, promote the implementation of sustainable finance projects that align with international standards, and better leverage the potential of what sustainable finance can achieve to enhance the competitiveness of many industries.”

Leveraging the power of AI to Green Finance Management

The platform leverages Evercomm’s advanced AI technology aligned with CTBC Bank’s international standards and framework to assess and manage landing portfolios for the financial institutions, spanning commercial real estate, power-generation financing, and mid-to-long-term corporate loans. By providing real-time insights, the platform enables banks to evaluate the carbon impact of its financing decisions and to track its sustainability targets across various operating branches.

Evercomm’s software tools, in conjunction with the AI Green Finance Management Platform, allow financial institutions to accurately measure, track, and simulate carbon footprint reduction efforts, ensuring alignment with global net-zero ambitions. By offering comprehensive decarbonisation data and end-to-end carbon reduction advice, the partnership enables CTBC Bank to expand its portfolio of sustainable finance products, including ESG Portfolio Lending and the Corporate Decarbonisation Rating framework.

Additionally, by leveraging Singapore’s advanced ecosystem and service expertise, the partnership offers key digital solutions that enable enterprises to thrive in a low-carbon economy, including:

GHG Inventory Reporting and Verification ServicesTarget Setting and Verification ServicesEmission Reduction Strategy Planning and Verification Services

These solutions will support businesses in aligning with global climate standards, meeting sustainability targets, and credibly report on progress, which can significantly contribute to businesses’ “virtuous cycle” of obtaining financial support to their decarbonisation efforts, thereby promoting an ecosystem growth in cross-border collaborations in sustainable finance.

About Evercomm

Headquartered in Singapore, Evercomm is a carbon neutral digital planning and management company with European and Asia-Pacific offices.  Their enterprise solutions enable businesses to automate carbon footprint calculations down to the activity level. Evercomm empowers businesses to set and track progress towards carbon emissions reductions with simulations and verified technologies based on GHG protocols with assured reporting.

www.evercomm.com.sg
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[1] Asian Development Bank, 22 March 2023, “When it Comes to Fighting Climate Change, Green is Golden

 

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SOURCE Evercomm

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World’s largest battery cell manufacturers report against harmonised sustainability performance expectations developed by the Global Battery Alliance

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BRUSSELS, Nov. 7, 2024 /PRNewswire/ — Ten consortia, led by the world’s leading battery cell manufacturers, successfully complete the largest pre-competitive effort to establish harmonised battery passports achieving a new milestone towards more transparent and sustainable battery value chains.

 

 

The pilots were coordinated by the Global Battery Alliance (GBA), the leading multi-stakeholder platform committed to scaling a responsible and circular battery value chain by 2030. Building on the successful battery passport proof of concept in 2023, the consortia worked with seven digital solution providers to determine provenance and flow of seven materials – lithium, graphite (artificial), aluminium, cobalt, copper, iron phosphate and nickel.

Cell manufacturers representing over 80% of global electric vehicle battery market share mobilised their supply chains from mining companies to refiners, manufacturers and recyclers to participate in the pilots, including: Contemporary Amperex Technology Limited (CATL), CALB Group Co. Ltd, Circularize, Circulor, FinDreams Battery, EVE Energy Co. Ltd, Glassdome, Gotion High-tech Co., Ltd., LG Energy Solution, Li Auto, Minviro, Minespider, Nanjing Fuchuang Intelligent Manufacturing Technology Co., Ltd. Samsung SDI, Shenzhen Dianlian Technology, Shenzhen Precise Testing Technology Co., Ltd., and Sunwoda Electronic Co., Ltd.

Building on existing regulations and voluntary standards, seven rulebooks were developed through a multistakeholder process by the GBA, covering: Greenhouse Gas emissions; Environmental and Human Rights Due Diligence; Forced Labour; Child Labour; Biodiversity; Indigenous Peoples’ Rights and Circular Design. The rulebooks define baseline expectations and leading practices to help guide company efforts in addressing risks and sustainability impacts within their supply chains. Participating in the pilot allowed companies to benchmark their preparedness against the due diligence requirements of the EU Batteries Regulation, which will be implemented from 2025.

Over 200 sustainability reports were gathered, and five pilots participated for the first time in independent data verification, marking a major step towards establishing the GBA Battery Passport as a trusted source of sustainability indicators. The GBA also trialled a system to score company efforts with the aim to issue a product level sustainability certification in the future. Leveraging digital product passports for data collection, aggregation, scoring and verification, the GBA Battery Passport provides companies with globally harmonised expectations for reporting, guidance for continuous improvement, and recognises efforts beyond compliance. This allows investment, procurement and purchasing decisions to apply globally comparable metrics on battery value chain sustainability. In the future, the GBA Battery Passports will yield comparable data across 20+ environmental, social and governance categories in a trusted format.

Commenting on the launch, Inga Petersen, Executive Director of the GBA said, “We are thrilled with the results of the 2024 Battery Passport pilots and congratulate all participating organisations for this major achievement. Having the world’s leading cell manufacturers mobilize their supply chains, work pre-competitively and report on harmonised sustainability expectations represents an unprecedented commitment to greater transparency and sustainability in the battery industry as captured in the 2030 GBA Vision.”

www.globalbattery.org

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