February 2020
Portland State University Streamlines Budgeting and Controls Costs
Answers in Analytics: Portland University Success Study
Problems:
- How to streamline budgeting
- How to control costs
- How to increase student retention
Solution
Portland State University implemented IBM Cognos BI and TMI for control over finances and student retention.
Results
- Portland State University now has deeper insight into budgeting and student performance;
- It can manage finances to keep tuition costs low.
The role of Prolifics
- Prolifics helped PSU structure and automate the university-wide budgeting process;
- Prolifics automated integration of Ellucian banner data;
- Prolifics extended the solution to include enrollment and tuition revenue planning.
“Prolifics was able to take a budgeting system which was inadequately designed and turned it into a fully functional system which is user friendly, much easier to maintain and incorporates best practices.”
– Robert Naranjo, Business System Analyst/Programmer, Portland State University
Verus Financial: Innovating the Life Insurance Industry
Description
Verus Financial is innovating the way insurance companies are measured to meet the expectations of their policies and, most importantly, their clients. Trust comes at a cost, and when you are purchasing life insurance, you want to be sure that the money you leave behind falls in the right hands.
Enter Verus Financial, who developed a sophisticated approach to ensure that a life insurance policy is paid appropriately, and that if no heir remains, the funds are paid back to the state where the policy is held. This approach, which began as a small grassroots effort, has ballooned into a profitable business model. Verus is now planning to partner with each state to ensure that taxes are being corrected accurately. Verus is creating a new business to measure businesses and individuals and audit taxation records to ensure each state is collecting taxes in an optimal fashion.
Transcription
Peter Lee, CTO/CIO of Verus Financial:
The name of the game for us is really to detect, identify, document and follow up all the compliance events so we’re sort of doing forensics work if you will. We actually analyze millions and millions of records. So the only way we can do that is using data analytics IBM has been the business enabler and the foundation for Verus Financial and that is not a…that’s really not a commercial statement. That’s the truth.
We use the IBM software to prepare the data, we run through the statistics, we analyze the data, we detect patterns, we detect abnormal situations or simply normal events or data and so all of those capabilities allow our analysts being able to do their job better and we also can do a much deeper analysis. Prolifics, really I can’t say enough good things because they’re very responsive, they deliver what they say they would and are very helpful. Really, we see them as an integral part of our business planning. For me for example, every technical purchase, every project we, do we involve them.
Prolifics Places 13th in World HRD Congress’s 2017 “Dream Companies to Work For” Rankings
Mumbai, IN — Prolifics has been named one of the elite “Dream Companies to Work For” at the 25th annual Times Ascent World HRD Congress.
Prolifics was one of 15 companies honored with this recognition and trophy, out of over 750 India-based nominees. The award cements Prolifics’ place as a preeminent employer that utilizes a global delivery model to create top-quality solutions for clients around the world.
“I am delighted that Prolifics has received this well-deserved award,” said Mark Nechita, Head of Global Human Resources for Prolifics. “This is a testament to our people, who are the key to our success. Without their passion for our clients, we would not be able to achieve the consistent results that have made Prolifics a leading solutions provider.”
The World HRD Congress, sponsored by human resource development and employment opportunity periodical Times Ascent, celebrated its 25th anniversary this year. The event, which encompasses all elements of human resources, saw 208 speakers across 90 sessions, with over 1,400 business leaders in attendance. The awards honor organizations that produce tangible business results through innovative initiatives that promote better HR practices.
About Prolifics
Prolifics creates a competitive advantage for organizations around the world by implementing customized, end-to-end IT solutions that achieve business success, leveraging leading technologies in a global delivery model. For more than 35 years, the company’s technology expertise, industry-specific insights and certified technology accelerators have transformed organizations around the world by solving complex IT challenges. For more information, visit https://www.prolifics.com/.
Prolifics Receives IBM Cloud Transformation Innovation Business Partner Award at InterConnect 2017
Calabasas, CA — Prolifics, an award-winning global technology solutions provider, has been honored once more with the IBM Cloud – Cloud Transformation Innovation Business Partner Award. This recognition, which highlights an IBM Business Partner’s outstanding growth and performance, solutions, and deep expertise, was presented at the IBM InterConnect 2017 Conference in Las Vegas, Nevada.
“Prolifics is honored to receive this important award,” said Sam Ourfalian, President of Prolifics. “The Cloud is a powerful enabler in the technology landscape today. As early adopters, we embraced the Cloud and the role it can play in innovation with our clients. Prolifics is proud to be recognized by IBM as leaders in Cloud and we look forward to building many more industry leading Cloud based solutions for our clients in the future.”
The Cloud Business Partner Award is just one of many accolades Prolifics has received from its valued partners at IBM. In 2017 alone, Prolifics achieved Platinum Partner Status as part of IBM’s Cognitive-focused PartnerWorld program, which honored Prolifics’ proven capabilities in guiding digital transformations, as well as the 2017 Beacon Award win for Outstanding Software as a Service Solution and Beacon Finalist for Outstanding Solution Developed on Bluemix.
About Prolifics
Prolifics creates a competitive advantage for organizations around the world by implementing customized, end-to-end IT solutions that achieve business success, leveraging leading technologies in a global delivery model. For more than 35 years, the company’s technology expertise, industry-specific insights, and certified technology accelerators have transformed organizations around the world by solving complex IT challenges. For more information, visit http://www.prolifics.com/.
Prolifics Receives Telangana’s Best Employer Brand Award for Talent Cultivation and Human Resources Excellence
Hyderabad, IN — The World HRD Congress, in partnership with CHRO Asia, has named Prolifics the recipient of the 2017 Telangana’s Best Employer Brand Award.
The award recognizes companies in the Indian region of Telangana that effectively attract, retain, and develop talent while displaying exemplary human resources approaches. Prolifics proved itself by combining its vision with action when it comes to HR and business strategies, as well as building on its competencies to ensure that it is ready to conquer the challenges that the future holds.
“As an organization with a significant history and footprint in Hyderabad, we are honored to be recognized as a human resources leader,” said Sam Ourfalian, President of Prolifics. “We’re always pursuing new frontiers in human resources approaches and technologies to ensure that Prolifics is a great place to work that attracts the best minds in the industry.”
The World HRD Congress, sponsored by human resource development and employment opportunity periodical Times Ascent, celebrated its 25th anniversary this year. It issues a range of awards that honor organizations that produce tangible business results through innovative HR initiatives.
About Prolifics
Prolifics creates a competitive advantage for organizations around the world by implementing customized, end-to-end IT solutions that achieve business success, leveraging leading technologies in a global delivery model. For more than 35 years, the company’s technology expertise, industry-specific insights and certified technology accelerators have transformed organizations around the world by solving complex IT challenges. For more information, visit https://www.prolifics.com/.
Prolifics Named 2016 IBM Worldwide Information Integration and Governance Business Partner of the Year
Calabasas, CA — Prolifics announced today that it has been named the winner of an IBM Analytics Business Partner Award, which recognizes a Business Partner that has consistently demonstrated exceptional accomplishments in a single area. Prolifics was selected for its achievements in the Worldwide Information Integration and Governance category.
“Prolifics is honored to be selected for this prestigious award,” stated Mark Rowan, Prolifics’ Head of Global Sales. “It highlights our commitment to offering top-of-line integration and governance solutions. We’re proud of our partnership with IBM and plan to continue to foster that connection.”
Prolifics’ Worldwide Information Integration and Governance Business Partner of the Year Award was announced at the IBM World of Watson 2016 Conference in Las Vegas, Nevada. The conference explores the future of cognitive analytics.
At the IBM World of Watson Conference, Prolifics showcased its comprehensive IM&A solutions for Analytics, Data Management, Governance, MDM, and Financial Planning & Analysis, as well as its Cloud and Cognitive abilities. Prolifics’ demos, speaking sessions, and Subject Matter Expert meetings cover some of the hottest topics in the tech industry.
Prolifics creates a competitive advantage for organizations around the world by implementing customized, end-to-end IT solutions that achieve business success, leveraging IBM, Microsoft and Open Source technologies in a global delivery model. For more than 35 years, the company’s technology expertise, industry-specific insights and certified technology accelerators have transformed organizations around the world by solving complex IT challenges. For more information, visit https://www.prolifics.com/.
Prolifics Named One of World HRD Congress’s 2018 “Dream Companies to Work For”
Prolifics placed 9th in the “Dream Companies to Work For” rankings at the 26th annual Times Ascent World HRD Congress.
Prolifics was one of over 1,500 India-based nominees to be honored with this recognition. The award cements Prolifics’ place as a preeminent employer that utilizes a global delivery model to create top-quality solutions for clients around the world.
“This award showcases our greatest strength,” said Partha Patnaik, Global Head of Global Human Resources for Prolifics. “Our people are integral to our business success. Prolifics’ consistent results as a leading solutions provider can be attributed to the dedication our employees show toward every client and every project.”
The World HRD Congress, sponsored by human resource development and employment opportunity periodical Times Ascent, celebrated its 26th anniversary this year. The awards honor organizations that produce tangible business results through innovative initiatives that promote better HR practices.
About Prolifics
Prolifics creates a competitive advantage for organizations around the world by implementing customized, end-to-end IT solutions that achieve business success, leveraging leading technologies in a global delivery model. For more than 40 years, the company’s technology expertise, industry-specific insights and certified technology accelerators have transformed organizations around the world by solving complex IT challenges. For more information, visit https://www.prolifics.com/.
Prolifics Named IBM Analytics Global Elite Partner
Prolifics has been named an IBM Analytics Global Elite Partner. This carefully curated program, which will invite only a handful of partners to participate, connects its exclusive roster of members with the highest level of engagement from IBM. This, in turn, empowers Prolifics to provide exceptional service to its clients.
“When you put this into context and think about our business unit’s humble beginnings only 10 short years ago, we have accomplished a lot in that time,” says Mark Rowan, Prolifics’ Global Head of Sales for Information Management and Analytics. “We can now say that with IBM’s support and validation, Prolifics is one of the top information management and analytics consultancies in the world.”
As part of the IBM Analytics Global Elite Partner program, Prolifics will receive prioritized support and development engagement from IBM on reported technical issues. It also grants greater access to IBM Analytics University Live events and IBM’s education and technical resources, promoting enhanced and accelerating learning that better arms our experts to create the best solutions to meet customer needs.
About Prolifics
Prolifics creates a competitive advantage for organizations around the world by implementing customized, end-to-end IT solutions that achieve business success, leveraging leading technologies in a global delivery model. For more than 40 years, the company’s technology expertise, industry-specific insights and certified technology accelerators have transformed organizations around the world by solving complex IT challenges.
APIs on FHIR: Are We Close to Reaching Global Healthcare Interoperability?
Connecting Healthcare Across Supply Chains
API technology is the disrupter-in-chief of many sectors, especially retail and banking. Some of this disruption is driven by regulation that will inevitably be replicated: from open banking to open insurance, open pensions, and so on. The healthcare industry is one of the latest to expand its traditional reach and create new ways to connect across supply chains by opening up APIs.
Healthcare’s digital transformation has been spurred by FHIR (Fast Healthcare Interoperability Resources), the industry standard for exchanging healthcare data. As PSD2 is to banking, these regulations ensure a standard structure of information, making data accessible and readable outside of a central system. First trialed in the United States, FHIR has quickly expanded as an international specification to resolve administrative and clinical challenges in healthcare networks around the globe, making a notable impact in the UK.
FHIR Solutions In Practice
Some of the solutions already in practice from an open healthcare platform include authenticating healthcare providers and referring patients to both clinical and community-based care. The NHS is in the beta stage of building a national API network where registered patient records can be located and accessed by any authorized physician, care worker, or healthcare administrator with the right consents from the patient.
The implications for such a network are huge. Consider walking into any treatment facility and having a physician who is not your primary care provider being able to access your entire medical history with one API call. A second API call could allow that same physician to share information on prescription type and dosage amount with a pharmacy, reducing the risk of human error or miscommunication.
Better Patient Experience
As we’ve witnessed in industries such as banking, open APIs in healthcare serve the patient (or customer) experience and allow them to make informed decisions on their treatment based on the availability of aggregated personal data. The use of APIs in this field is not limited to patient care. Researchers, university scientists, and policy makers can now access large pools of patient data for pathology studies and population management. There is enormous cross-industry potential as well: both private and public healthcare institutions can leverage existing insurance APIs to verify with a provider that a patient has the appropriate coverage and is billed accurately.
FHIR’s quick expansion and steady growth shows that healthcare providers are eager to adopt APIs as a low-cost solution to the industry’s complex challenges. FHIR is completely free, open, and earns its “fast” descriptor by being implementation-focused. Designed with developers in mind, the serialization format is human-readable, allowing many interfaces to be created in a single day.
Prolifics Can Help
Prolifics has a number of healthcare customers in North America and the UK, including BMI Healthcare and GSK. We’ve now commenced a project to re-purpose some of our open banking assets to address the business opportunities for the healthcare industry, leveraging our knowledge of API architectures and platforms, security (OAuth), and cloud deployments. FHIR sandbox, anyone?
Business Development Representative
Hannah Leslie is a Business Development Representative working with integration and API technologies within the finance and banking sectors.
Hannah’s experience includes digital transformation, open banking, containerization and automation. She assists clients with creating innovative solutions leveraging market-leading technology from partners such as IBM and Red Hat.