Araxid ensures that you can trust your data and subsequently your analysis
“Big Data is only as good at the inputs they are analyzing. If you have bad data going in, you will have bad analysis coming out,” says Brent Williams, Araxid CEO. Araxid has developed Big Data tools that solve not only the data challenges of healthcare and finance but also those of supply chain security, critical infrastructure and marketing. They use Polydimensional Analysis to ensure the inputs can be trusted which in turn, enables larger analysis to be used with confidence. Fundamentally, Araxid’s services are all about enabling better decisions through trusted data, collaboration and analysis. Be it linking banking, business and health records, or securely exchanging data with their clients’ partners; or the desire to have a better understanding of the analysis outcomes—Araxid‘s suite of services is unique in its capability and integrated approach.
Today, healthcare is challenged with not only costs but also the quality of outcomes, and it is important for them to be able to accurately match patient data between multiple entities. When patient data such as test results, are not accurately matched, tests often tend to be repeated, impacting the treatment. By using Araxid’s MATCH service, a healthcare provider was able to improve the matching rate on their records. Their matching rate saw a significant rise from less than 63 percent to over 97 percent.
With Big Data becoming bigger by the minute, Araxid is well positioned to meet the challenges of tomorrow. The continued development of their products and platforms will help in filtering the data noise and enabling an unprecedented level of analysis and collaboration while ensuring privacy and security.