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Showing posts from September, 2019

Big Data Analytics in Healthcare Market to Reach $22,743.1 Million

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Under the Health Information Technology for Economic and Clinical Health (HITECH) Act, in the U.S., healthcare organizations and physicians are rewarded for adopting electronic health records (EHR). The program was initiated by the federal government to push the adoption of this technology. Similarly, the governments of various other countries are also trying to encourage public and private healthcare organizations to implement this digital database. Governments have established bodies, including National e-health Authority in India, which is meant for developing standards and rules for developing EHR. Since the data on paper is being digitized rapidly, software such as EHR have become important for big data analysis. It enables healthcare providers to gain qualitative and useful insights of patients’ data. Through the use of services such as predictive and descriptive analytics, big data analytics helps in providing patient-centric personalized medicine, decreasing patients’ health...

Self-Checkout Systems Helping Customers Avoid Long Waiting Lines

The global self-checkout systems market is being driven by numerous factors, such as their ease of use and faster check-out speed as compared to manual handling and the fact that these solve the issue of labor shortage. In 2017, the market was valued at $2,522.1 million, and it is expected to grow at a CAGR of 10.7% during the forecast period (2018–2023). Self-checkout systems scan products, provide their details and take payments, thus leading to a complete transaction at a retail store. One of the factors driving the self-checkout systems market is the smooth user experience that these systems offer in terms of being less time-consuming by helping people avoid long queues at the billing counter and keeping human interaction to the minimum. Such systems offer a well-rounded experience in terms of services that consumers expect from store attendants. This results in a faster shopping experience, as customers can simply generate the final bill themselves without having to w...