Cloud providers are key to mid-market success

The Key to Data-Driven Success for Mid-Market Companies Starts Here

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The Key to Data-Driven Success for Mid-Market Companies Starts Here

Partnering with an experienced cloud provider is a great strategy for mid-market companies to employ for their data center management needsWhat’s the #1 pain point for IT professionals? According to the business knowledge resource Insights for Professionals, it’s data center management. With this reality in mind, the foundation of digital transformation success for a data-driven business must begin at the data center level, where servers store your data, CPUs power your computations, and your systems are ideally kept stable, operational, and secure for all users, including those accessing company systems and data from multiple remote locations. Competitive mid-market companies rely on data center engineers who specialize in uptime by proactively preventing downtime, as well as connectivity, storage, security, and monitoring.

 

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Lowering Cybersecurity Insurance Premiums

Lowering Cybersecurity Insurance Premiums with Managed Security Services

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Lowering Cybersecurity Insurance Premiums with Managed Security Services

Midmarket organizations face the threat of cyberattacks that put every organization at great risk. As a result, a greater number of IT professionals are turning to managed security services to lower cybersecurity insurance premiums.

Lowering Cybersecurity Insurance Premiums
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Lowering Cybersecurity Insurance Premiums

Lowering Cybersecurity Insurance Premiums with Managed Security Services - PDF

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Lowering Cybersecurity Insurance Premiums with Managed Security Services

Midmarket organizations face the threat of cyberattacks that put every organization at great risk. As a result, a greater number of IT professionals are turning to managed security services to lower cybersecurity insurance premiums.


Data Scientists Need Usable Data

Data Scientists Need Usable Data

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Data Scientists Need Usable Data

It is a well-known industry problem that data scientists typically spend at least 80% of their time finding and prepping data instead of analyzing it. Learn how a data platform can help mitigate this issue.


Cloud providers are key to mid-market success

The Key to Data-Driven Success for Mid-market Companies Starts Here

Article

The Key to Data-Driven Success for Mid-Market Companies Starts Here

Partnering with an experienced cloud provider is a great strategy for mid-market companies to employ for their data center management needsWhat’s the #1 pain point for IT professionals? According to the business knowledge resource Insights for Professionals, it’s data center management. With this reality in mind, the foundation of digital transformation success for a data-driven business must begin at the data center level, where servers store your data, CPUs power your computations, and your systems are ideally kept stable, operational, and secure for all users, including those accessing company systems and data from multiple remote locations. Competitive mid-market companies rely on data center engineers who specialize in uptime by proactively preventing downtime, as well as connectivity, storage, security, and monitoring.

Effectively managing data to support accessibility and security requires consistent monitoring and up-to-date solutions. Yet the latest research shows that investing in on-premise infrastructure for data management, compliance, and analytics is too pricey for most mid-market companies — and from the view of many IT directors, on-premise solutions have already morphed into old relics. In 2022, Insights for Professionals reported that nearly two-thirds (63 percent) of senior IT leaders and company executives aren’t planning to attempt to maintain servers on-premise. Instead, the majority of leaders surveyed plan to invest in cloud infrastructure as a service.

 

Moving into the Future

Cloud providers provide value to the mid-marketIn short, entire businesses are migrating to the cloud, not just the technology. The infinite growth of data, applications, connections, and workloads will only further exacerbate businesses’ ability to adapt to new lines of business applications and platforms, meet security and governance requirements, and seamlessly orchestrate and analyze data for business outcomes. As a result, a growing number of mid-market companies are recognizing the value of working with partners to transition storage, computing, backup, and hosting services to cloud-based platforms to leverage the scale and compute power they can provide.

Gartner reports that by 2025, the vast majority — 85 percent — of enterprises will have already shifted over to a cloud-first approach. How did this changing of the guard occur so quickly? According to Gartner, it can be traced in part to the COVID-19 pandemic, which has accelerated cloud adoption since 2020, ushering it in as the “de facto new normal.” Gartner analysts including Gregor Petri even go so far as to state that “enterprise architecture and technology leaders should reject any new product that does not follow ‘cloud first’ as a guiding principle.”

 

Mid-Market Essentials

Aunalytics Enterprise Cloud

There are solid reasons behind mid-market businesses moving their data out of on-premise environments, particularly due to the efficiencies obtained from cloud-based business applications in multi-cloud and hybrid environments. This brings us back to data center vendors, who must then be ready to absorb the responsibility and cost of infrastructure capital expenses and maintenance — and it looks like many are already prepared to do so. In 2022 alone, nearly one-third (32 percent) of those surveyed by Insights for Professionals were planning to invest heavily in cloud management, to the tune of $500,000, while nearly 30 percent plan to spend even more. The largest part of this cloud management investment is being channeled toward security, with enterprises intending to spend 82 percent of this budget on data protection.

This is not a passing trend and is expected to have long-term consequences for purchase decisions in mid-market companies. By 2023, as scalability and cohesive cloud ecosystems join the ranks among the top three buying considerations for IT, Gartner anticipates that cloud architects will become key stakeholders when choosing tools for analytics and business intelligence. Here’s another surprising statistic to show the direction we’re heading in: while hyper-scale cloud providers (hyper-scalers) delivered and managed less than 1 percent of installed edge computing platforms in 2020, Gartner predicts this number to balloon to 20 percent by the end of 2023.

 

Different Needs for Mid-Market Players

There’s a catch, though, about hyper-scalers: most are not built for the mid-market. Therefore, mid-market companies won’t be able to reap the maximum benefit from the ability of traditional hyper-scale cloud providers to bring global business solutions, outsourcing, and consulting capabilities that can help other types of organizations migrate to, adopt, and build cloud-native offerings. It’s true that traditional hyper-scalers excel in leveraging the expertise of their cloud professionals to consult for platform re-architecture, application development, data migration, and transitioning services from technology stacks into macro- and microservices hosted in a data center on-premise, private cloud, public cloud (or any multi-cloud or hybrid combination thereof) — but not generally for mid-market companies.

Let’s drill down into some specific problems for mid-market players around hyper-scale cloud providers:

  • It can be cost-prohibitive to obtain the level of help that most mid-market companies require, since most hyper-scalers are priced for large enterprises. Mid-market companies tend to need “white glove” services, which carry the highest price tag.
  • Greater needs. Enterprises are more likely to already have in-house teams with the necessary skillsets to work with traditional hyper-scalers, compared to mid-market businesses that often have higher needs for expert help.
  • No data analytics. While many enterprise hyper-scalers help migrate data to third-party cloud vendor platforms, their services end there, as they don’t offer data analytics.

Mid-market companies need technical experts to help build solutions on a mid-market budget — specifically, they require a hyper-scaler capable of providing an end-to-end solution focused on the mid-market sector. The goal in evaluating potential solutions providers should be for the cloud foundation to operate seamlessly with end-to-end data management and analytics solutions. With an end-to-end solution, mid-market businesses have the opportunity to obtain the results they desire without wasting time on a “Frankenstein” approach, assembling parts and pieces of multiple technologies and tools in an attempt to construct a reliable system that actually works. It’s only by going the end-to-end route that mid-market companies can receive the greater level of assistance they need on the technology front, as well as benefit from the robust data and analytics skillsets necessary to achieve meaningful business outcomes, without paying enterprise prices.


Why Mid-Market Organizations Need Digital Transformation Solutions that Combine the Right Technology and Talent to Achieve Business Value

Why Mid-Market Organizations Need Digital Transformation Solutions that Combine the Right Technology and Talent to Achieve Business Value

At Aunalytics, we know that an organization’s everyday data holds value, yet is a resource that often remains untapped. This is especially true for the mid-market—this market segment has been underserved and often lacks access to data management and analytics technologies and expertise. Our mission is to empower the mid-market with solutions that enable digital transformation so they can compete and stay relevant.

Digital transformation calls for mid-market companies to shift away from operational silos and work across the company to harness the power of data. This requires the integration of diverse technology across all functional business areas to enable convergence, promote a positive cultural change, drive customer value, and facilitate operational agility. Gartner’s report “Over 100 Data and Analytics Predictions Through 2025” asserts that by 2024, 75% of organizations will have established a centralized data and analytics center of excellence to support federated data and analytics initiatives and prevent enterprise failure. By 2023, organizations with shared companywide data management goals, including stewardship, governance, and semantics to enable inter-enterprise data sharing, will outperform those that don’t.

There is a recipe for successfully transforming massive amounts of corporate and third-party data created and used daily in your lines of business into a valuable asset. But to achieve business outcomes, organizations need to implement digital transformation solutions that include the right technologies/tools combined with the right talent.

 

Aunalytics End-to-end platform

The Right Tools and Technology

Mid-market companies generally do not currently have the tools needed to find value in their data through advanced analytics and AI. An enterprise data warehouse is only one piece of the puzzle. Successful mid-market digital transformation requires the appropriate storage and compute infrastructure, data management platform, and analytics software. It can be difficult to piece together each of these components into a single, unified system—it is expensive, time-consuming, and inefficient.

To solve this challenge, Aunalytics has developed a robust, cloud-native data platform built for universal data access, powerful analytics, and AI. Mid-market businesses benefit from using an end-to-end, cloud-based platform as it moves the burden of infrastructure procurement and maintenance to a third-party vendor in the data industry. An end-to-end platform is secure, reliable, and scalable while including the added benefit of being deployed and managed as a service. This is especially important for mid-market businesses because finding the right talent to execute digital transformation initiatives is extremely challenging in the current market.

 

The Right Talent and Expertise

Most IT departments do not currently have the skill sets needed for getting business value out of data. At the same time, for most mid-market companies, it does not make business sense to hire an entire division of highly compensated data experts to achieve digital transformation goals. Even if a mid-market company can find and hire these scarce resources—they were hard to come by even before the Talent War of 2022.

Experts by your sideEstablishing a side-by-side partnership with a data platform company is the key to gaining the benefits of working with experts including cloud engineers, data engineers, security experts, data scientists and other highly skilled technical resources to achieve true business value. By getting expert help, you can devote your company’s time, resources, and innovation to your business and focus on what you do best.

Aunalytics provides a team of experts who assist every step of the way. Mid-market businesses will have access to the right tools, resources, and support throughout our end-to-end process. Our team also includes industry experts who help businesses identify areas in which data can provide the most value, and guidance on how to work toward achieving these goals.

 

Aunalytics’ Digital Transformation Solution Gives Mid-Sized Businesses Answers

 

Tools + Talent = Business Outcomes

 

With Aunalytics, you get the technology and expertise required to complete the journey from data to actionable business results. This combination accelerates digital transformation, which allows businesses to realize the value of their investment quickly. By taking advantage of the experienced data professionals at Aunalytics, organizations can save time and avoid making costly mistakes while also maximizing the value currently hidden in their data.


eBook: What Mid-Market Companies Need for Data-Driven Success and How to Get It

eBook

What Mid-Market Companies Need for Data-Driven Success and How to Get It

Using your data as an asset to drive competitive business growth and achieve cost cutting operational efficiencies is imperative for a company to compete, survive, and thrive. Increasingly, data and analytics have become a primary driver of business strategy and the potential of data-driven business strategies is greater today than ever.

eBook - What Mid-Market Companies Need for Data-Driven Success
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What Mid-Market Companies Need for Data-Driven Success and How to Get It

eBook

What Mid-Market Companies Need for Data-Driven Success and How to Get It

Using your data as an asset to drive competitive business growth and achieve cost cutting operational efficiencies is imperative for a company to compete, survive, and thrive. Increasingly, data and analytics have become a primary driver of business strategy and the potential of data-driven business strategies is greater today than ever.


IDC Award 22

Michiana Hematology Oncology Named an IDC Future of Intelligence Award Winner

Oncology practice digitally transforms and simplifies healthcare business complexities with state-of-the-art technology from AC3 and Aunalytics

South Bend, IN (March 31, 2022)Michiana Hematology Oncology, which delivers world-class cancer care to local communities, has been named an IDC Future of Intelligence winner based on its use of AC3’s oncology practice intelligence platform, powered by Aunalytics’ advanced data management platform and revenue cycle analytics. The award program acknowledges organizations that have demonstrated outstanding capabilities related to increasing enterprise intelligence and as a result, improved business outcomes.

IDC commends those with forward thinking initiatives that span across four key capabilities of enterprise intelligence – Ability to Synthesize Information, Capacity to Learn, Delivery of Insights at Scale, and Data Culture – and those who excel in any one of these four areas. Michiana Hematology Oncology (MHO) was named a winner in the Capacity to Learn category and will be recognized at an awards ceremony in May 2022.

MHO implemented AC3’s oncology practice intelligence platform, powered by Aunalytics’ advanced data management platform and revenue cycle analytics, to digitally transform and simplify healthcare business complexities. Oncology care often involves multiple providers, treatments and newly emerging drugs that are added to patient care as cancer science continually advances. The billing process is particularly complicated and often riddled with cumbersome manual processes. The alliance between AC3 and Aunalytics offers MHO advanced analytics and valuable business insights to improve operations and collect revenue in an accurate and timely manner. This is key to driving the overall health of an oncology practice.

Using AC3’s oncology intelligence solutions with advanced analytics from Aunalytics, MHO understands its business more quickly, makes better decisions that are data driven, and achieves greater results, such as getting new leadership up to speed quickly based on a more accurate picture. In addition, the practice can manage cash flow more efficiently with visibility into ever changing data, with a clear picture of its actual allowed rate is vs. billed rate. As a result, MHO gains a keener view of the true health of the practice, based on data accuracy - more data is collected, and collected more precisely.

“Michiana Hematology Oncology demonstrated that enterprise intelligence can help achieve operational efficiencies regardless of the size and the industry of an organization. MHO strives to deliver the best care to its patients across the Midwest region while reducing the administrative burden on its employees,” said Chandana Gopal, Research Director, Future of Intelligence at IDC. “The organization is recognized as a winner in the Capacity to Learn category because it implemented initiatives that were continuously improved and fostered collaboration between its administrative team, clinical staff, and other entities that ultimately improve patient care."

To learn more about IDC’s Future of Enterprise Awards Program, visit here.

 

About Michiana Hematology Oncology

Established in 1968, Michiana Hematology Oncology is the largest cancer care organization of its kind in northern Indiana, with offices in Crown Point, Chesterton, Elkhart, Hobart, Mishawaka, Plymouth, Valparaiso and Westville. The organization consists of 11 Medical Oncologists, three Radiation Oncologists and four Advanced Practice nurses who provide integrated and comprehensive medical and radiation oncology services for patients throughout the region. For more information, visit www.TheHeartOfCancerCare.com.

 

About AC3

AC3’s practice intelligence platform digitally transforms oncology practices into modern and sustainable operations that reduce the overall cost of care. Through its oncology data model which unites practice management, healthcare data and innovative technology intelligence into a single environment, AC3 delivers full transparency and automated actionable insights to simplify workflows, increase efficiency, and secure revenue integrity. Guided by a dedicated side-by-side client success team, AC3 simplifies oncology business complexities empowering practices to spend more time on what matters – fighting cancer. To learn more, visit https://ac3health.com/

 

About Aunalytics

Aunalytics is a data platform company delivering answers for your business. Named a Digital Innovator by analyst firm Intellyx, and selected for the prestigious Inc. 5000 list, Aunalytics provides Insights-as-a-Service to answer enterprise and mid-sized companies’ most important IT and business questions. The Aunalytics® cloud-native data platform is built for universal data access, advanced analytics and AI while unifying disparate data silos into a single golden record of accurate, actionable business information. Its DaybreakTM industry intelligent data mart combined with the power of the Aunalytics data platform provides industry-specific data models with built-in queries and AI to ensure access to timely, accurate data and answers to critical business and IT questions. Through its side-by-side digital transformation model, Aunalytics provides on-demand scalable access to technology, data science, and AI experts to seamlessly transform customers’ businesses. To learn more contact us at +1 855-799-DATA or visit Aunalytics at https://www.aunalytics.com  or on Twitter and LinkedIn.

 

PR Contact:
Denise Nelson
The Ventana Group for Aunalytics
(925) 858-5198
dnelson@theventanagroup.com


Automating Data Management Significantly Improves Efficiency for an Oncology Business Intelligence Platform

The Aunalytics Daybreak™ data platform improves the performance of technology solutions by automating data management, ingestion, and cleansing to provide a single source of truth that is updated daily. AC3, an oncology business intelligence company, experienced this efficiency upgrade firsthand.

AC3 logoAC3’s platform automates billing processes and provides revenue cycle insights to oncology providers. The platform unites practice management, healthcare data, and innovative technology intelligence into a single environment that delivers full transparency and automated actionable insights to simplify workflows, increase efficiency, and secure revenue integrity. Realizing that current fee schedule management processes can be cumbersome and continued to involve manual tasks that posed some areas of vulnerability, AC3 determined its solution needed increased automation to close the gap and protect against such vulnerabilities.

Therefore, AC3 decided to look for more efficient ways to take charge of data and better prepare it for reporting and analytics. The company selected the Daybreak platform to aggregate data from siloed systems and lay the foundation for their solution that enables healthcare practice groups to avoid manually building billing systems and avoid costly data errors. Aunalytics provides features that enable analytic solutions like fee schedule generation and the ability to build master records of accurate patient data. The platform cleanses data for accuracy and governance and transforms disparate data into a golden record for a single source of truth ready for analytics and reporting.

To learn more about how Daybreak has enriched the AC3 oncology solution, download the case study here.