Month: November 2021

The Future of Data Science

There’s no question that innovation leads to success. Blockchain technology has business leaders hurriedly analyzing and considering how it might optimize their operations. Is blockchain the future of data science?
To help you get a handle on this emerging technology, here’s a quick summary of blockchain and its potential impact on data science.

What is Blockchain?

York Solutions defines blockchain as “a decentralized database – an electronically distributed ledger or list of records that is accessible to various users.” In other words, it is an automated record keeper that can be commonly used for transactions. Today and future businesses will be exploring how to implement blockchain technology into other record-keeping-required activities.

Why Use Blockchain?

Blockchain advocates have boasted about the many benefits of blockchain. According to Matthew Hooper, former VP of Open Innovation at Barclays and head of Rise New York, businesses will see “greater transparency, enhanced security, improved traceability, increased efficiency and speed of transactions, and reduced costs.”

Who Will Be Using Blockchain?

Many professionals may find blockchain to be helpful in their operations. For data analysts, blockchain will be a powerful tool. By updating records and providing information more efficiently, they will be able review data, apply knowledge and give insight on actions to take and improve businesses.

What’s Next?

Businesses are seeing the potential in this technology and have started to invest. Many companies are already implementing blockchain to take advantage of its benefits. With the addition of investment, blockchain will only see more growth and implementation into expanded operations. In the future, transactions and many more activities are likely to have underlying blockchain technology because of its utility.

Is Data in Your Future?

You can be part of the future of data science. Learn the latest data science practices and new technologies by registering the Data Science Certificate Program. Data science has been ranked as one of the fastest-growing professions with demand for analysts booming. Empower your career!

SOURCES:
IBM. “Top five blockchain benefits transforming your industry.” Matthew Hooper. February 22, 2018.
York Solutions. “The Future of Blockchain Technology.”

Writing/Research Credit: Benjamin Kopetsky, UW-Green Bay Marketing Intern

A New Healthcare Paradigm Reshapes Senior Living

As industries develop recovery plans in the wake of COVID-19, they are informed by the lessons learned in the past year and half.

The balance has especially shifted for owners and operators in the assisted living industry. They have been used to walking the line between healthcare and hospitality, but COVID-19 is refocusing them on health- and safety-first strategies and innovations.

COVID-19 has changed consumers forever in that they can no longer trust the future. This creates anxiety as consumers seek to be assured.

Especially the families of populations vulnerable to infectious diseases, with significant care needs.

As one operator puts it, “COVID-19 shifted the value proposition completely.”

The foundation of care must be protecting the well-being of assisted living residents, and providers are adapting the lessons learned from the pandemic to feature:

  • More outdoor access
  • Ways to isolate residents more comfortably
  • More touchless technology
  • More intensive air purification systems
  • Dedicated telehealth spaces
  • On-site clinics

These changes will herald a new era in assisted living.

SOURCE:
Senior Housing News. “Top Senior Housing Trends for 2021.” Tim Mullaney, January 2, 2021

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Far-seeing assisted living providers are also ensuring they provide opportunities for their caregiving staff, administrators and consultants to gain the necessary and developmental training they need and want. Personnel are more engaged if allowed to grow in their roles, which contributes to the compassion and care residents receive. Wisconsin Caregiver Academy supports the industry with quality instruction, including Train-the-Trainer, Caregiver, Client Group and Specific Task courses.

Celebrate the Rich Culture of Native Americans

November is Native American Heritage Month! The observation was established to celebrate the culture, history and contributions of First Nations people.

As you honor the day, recognize that First Nations lived on this land long before Europeans and others arrived with a long relationship and strong connection to this land. At UW-Green Bay, we are aware that the ground on which we built was land of First Nations people, and we are thankful to enjoy it. You can read UW-Green Bay’s Land Acknowledgement here. Other companies and organizations are making similar acknowledgements.

You may also want to research First Nations history and culture, starting with the cultures that call our region home. Hearing their stories may bring you new perspectives and create a deeper understanding of the people and land around you. If you spend time with First Nations people directly, you are likely to learn a lot about their culture and history. UW-Green Bay offers a fantastic resource through the Center for First Nations Studies Oral Scholars in Residence program. You can find more information here!

Finally, we hope you’ll be an ally. All peoples and cultures deserve respect, so be sure to support one another whenever possible acknowledge the sovereign rights held by the First Nations and their people and appreciate that we all have ties to this area and that we all share its land and resources. We are community and positive change happens when we work together!

WANT TO DO MORE?

Develop a deeper understanding of diversity, equity and inclusion and ensure your business or organization protects and elevates now and future generations. UW-Green Bay is now enrolling in the Diversity, Equity and Inclusion Certificate Program, designed for HR professionals, business and government executives and leaders, managers and team leaders, parents and nonprofit and community leaders. Starting in January for eight weeks. Learn more and register.

Writing/Research Credit: Benjamin Kopetsky, UW-Green Bay Marketing Intern