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Big Data - Advancing Technology for Small Business

The Latest offering of the EOCC to help your business

By DOROTHY HARDEE

In July, we discussed the evolution of telehealth as part of the protocol to reduce healthcare costs and address access to care by low-income families. Big data and sophisticated analytics have been critical in refining the science in personalizing remote patient monitoring. It is a widely used term for data, so large or complex that the traditional processing applications are inadequate. But as we discovered during the Orlando's Professional Technology & Innovation Collaborative (OPTIC) Big Data panel discussion series, Big data analytics is not only driving telemedicine, but advancing our ability to assess production results, focus on cost control, customer retention, optimizing operations, refining hiring and more for many local companies and physician groups.

Keeping up with the demand for the celebrated ski boats, wake boards and water crafts, Nautique Boat Company, a subsidiary of Correct Craft, gathers "big data" to identify how to improve timely production, engage employees and provide consistent quality. Drew Pope, industrial engineer and interim materials supervisor explained how they use information gathered to identify the production process of each boat part. A deep dive revealed not only areas of opportunity to increase production, but also identified teams driving solid results helping them to refine their onboarding process improving outcomes.

The data is analyzed and refined to examine the completion of each part, as well as the time any redoes cost a crew. The strong team environment with friendly competitive spirit of posted results engages employees to better their best without compromising quality.

Cedric Gaines, software architect with VHB, an engineering firm of engineers, scientists, planners and designers partnering with clients in transportation, real estate, institutional and energy industries, as well a federal, state and local governments, described their use of "big data" for predictive analytics. With more than 52,000 locations updated every 5 minutes, VHB can report average speeds, travel time, areas of congestion and originating site of the issue for their client FDOT.

Assessment of the data for a signal timing improvement project resulted in concrete return on investment. Moving into future development, VHB is working toward predictive analytics, drones enabled with remote data collection tools and autonomous vehicles. This along with historical data may allow transportation planners and engineers to respond to emerging events through known trends, "using algorithmic models to accurately forecast impacts as they occur and effectively position transportation professionals to proactively manage the impacts of incidents." Their effective use of big data won the VHB team recognition as the 2016 Orlando Business Journal's IQ Tech Award recipients. "Big data management principles developed by VHB are changing the world" and "building their reputation as a major player in the Big Data Management arena."

From manufacturing and transportation to recruiting technology for meaningful talent interactions, Talentify offers recruitment automation, screening and talent analytics for hiring managers. Andy France, A.I. Recruiting Marketing for the company explains that Talentify significantly reduces recruitment marketing costs and maximizes applicant conversation with mobile-first engagement and artificial intelligence. They generate and prescreen candidates from organic channels like Google and Facebook before using programmatic job ads on paid sources, helping companies exponentially increase their talent acquisition capabilities.

In HRTech Outlook, Othamar Gama Filho, Founder & CEO shared that "Talentify anticipates businesses' recruiting business needs and gathers information at different stages on each candidate, qualifying them and ranking them for interviews. When an employer has an open job, the platform finds people digitally, ranks applicants with a job-fit score, gets them into the Applicant Tracking System (ATS) and schedules interviews with the prospective employers." Their platform uses the power of AI and ML capabilities to optimize the recruiting process.

Big data is now, but for the small business it may seem overwhelming and unnecessary. According to Jeff Charles in Small Business Trends, if a small business isn't focusing on analytics and trends, they may be missing out on an opportunity ultimately hurting their business. Budget and lack of the in-house professional may be the deterrent making your business part of the 77 percent that have not yet developed a big data strategy. Small businesses find the presentation of the data offered too complicated or poorly designed making it impossible for a non-IT professional to use. However, there are solutions to help make data sets easier for the novice to use allowing them to make decisions based on data helping their company be more effective.

What is next for our OPTIC Big Data Series? November 8, we will explore Big Data: Information Security with a 4-hour workshop discussing end user security hygiene offering tangible takeaways for small to medium sized businesses as well as value to technology experts. We will address areas such as end user privacy, password policies/managers, MFA on existing SSO accounts and more. OPTIC is presented by The East Orlando Chamber of Commerce (EOCC) and hosted by Full Sail University.

The East Orlando Chamber of Commerce (EOCC) understands and works diligently to further the interest of businesses providing valuable benefits, industry focused programs and networking and connections to encourage growth in and around East Orange County.

Identifying this critical need to support small business, the EOCC offers health benefits to its members including Telehealth for $14 per month per household. EOCC members can offer our health benefits package of Telehealth, Allstate Accident, Allstate Cancer (& 23 specified diseases plan) plus Wellcard to their employees. Our insurance representative with Avalon Insurance Services does all the administration of the plan(s) selected by you and/or your employees.

Are you an independent physician seeking ways in which to increase exposure, revenue, and attract talent to grow with your practice? Joining the East Orlando Chamber, becoming actively involved in all it has to offer, is the perfect way to start. Give us a call at 407-277-5951 or visit our website at eocc.org. Your Business is Our Business.

Dorothy Hardee is the Chamber Administrator for the East Orlando Chamber of Commerce.

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Calendar of Aug'19 Events

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East Orlando Chamber of Commerce Calendar:

La Crema de Nona

Every Tuesday

8:30 - 9:30 AM

Dickey's BBQ Pit

9368 Narcoossee Rd., #101, Orlando, FL 32827

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EOCC Connect 4 Property Professional Networking

"The Sadowski Fund" with Frankie Elliott, VP of Government Affairs & Foundation Relations, ORRA

Thursday, August 15, 2019

4:30 - 6:00 PM

Bonefish Grill Lake Underhill

12301 Lake Underhill Road, Orlando, FL 32828

Free for EOCC Members - $10 for non-members

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Chamber Luncheon Featuring Dr. Sandy Shugart

"Valencia College Public Safety Village" sponsored by Orlando Health

Wednesday, August 21, 2019

11:30 AM - 1:15 PM

Valencia College East Campus

701 N Econlockhatchee Trail, Orlando, FL 32825

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Coffee Club Nona at Sam's Club

Coffee Club Networking Poker!

Thursday, August 22, 2019

8:30 - 9:30 AM

Sam's Club Lake Nona

11920 Narcoossee Road, Orlando, FL 32832

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EOCC Business Expo

Tuesday, August 27, 2019

5:00 - 8:00 PM

Double Tree Orlando Airport

5555 Hazeltine National Drive, Orlando, FL 32812

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Chef's Gone Wild Just Desserts

Just Desserts, specialty coffees & dessert wines

Thursday, September 12, 2019

5:00 - 9:00 PM

Lake Nona Pixon

7004 Tavistock Lakes Blvd., Orlando, FL 32827



 
 
 
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