Yellowfin Case Studies Prometheus, A Titan in Health Fund Analytics

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	Prometheus, A Titan in Health Fund Analytics Yellowfin

Prometheus, A Titan in Health Fund Analytics

Yellowfin

Technology Category	Application Infrastructure & Middleware - Data Visualization Analytics & Modeling - Predictive Analytics Platform as a Service (PaaS) - Data Management Platforms
Applicable Industries	Healthcare & Hospitals
Applicable Functions	Business Operation Quality Assurance
Services	System Integration Software Design & Engineering Services Training
Challenge	By 2012, Prometheus had established itself as a major provider of analytic tools to Australia's health funds. However, the company recognized that the information needs of health funds were evolving, and it was time to enhance its offerings. The competitive landscape was shifting, with data utilization for decision support becoming a critical differentiator. Prometheus needed to adapt to these changes to maintain its market position. The company had a solid user base with its WIZ OLAP engine, which was already integrated into several health funds and industry-managed applications. Despite this success, Prometheus realized that the growing demand for data visualization and advanced reporting capabilities required a new approach. The challenge was to find a solution that could complement their existing OLAP engine without diverting their focus from their core expertise in data analysis and health fund operations. Read More
About Customer	Prometheus Information is an Australian company specializing in business intelligence (BI) solutions for the Health Fund and Healthcare market. Founded over 25 years ago by mathematicians and computer scientists, the company boasts a diverse team with expertise in statistics, artificial intelligence, business IT strategy, advanced algorithms, and bio-informatics. This multidisciplinary approach allows Prometheus to tackle complex problems from unique perspectives, leading to optimal solutions for their clients. The company has a long history of working closely with the health industry, developing specialized tools like the WIZ OLAP engine for the Federal Department of Health. Prometheus has built a reputation for its deep understanding of the health sector's data needs, enabling them to provide tailored BI solutions that address the specific challenges faced by health funds and healthcare providers. Read More
Solution	Prometheus decided against building its own visualization tool despite having the technical capability. Instead, they sought a partner with a strong focus on visualization technology. After preparing a list of requirements, they selected Yellowfin's reporting and visualization platform. Yellowfin was chosen for its strategic vision, web and mobile-based software, low footprint, and strong service and R&D capabilities. The integration of Yellowfin with Prometheus' OLAP engine resulted in the creation of Prometheus Business Intelligence for Health Funds. This solution combines Yellowfin's ad-hoc reporting capabilities with pre-made dashboards, a Prometheus OLAP tool, a data library, and a health fund-specific data warehouse and ETL setup. The result is a comprehensive BI environment that offers strategic and operational reporting in a highly visual, mobile-ready, and web-enabled format. This platform is cost-effective and suitable for both analysts and business users, providing a dashboard presentation of key performance indicators. Read More Log in to view content
Contents

Technology Category

Application Infrastructure & Middleware - Data Visualization

Analytics & Modeling - Predictive Analytics

Platform as a Service (PaaS) - Data Management Platforms

Applicable Industries

Healthcare & Hospitals

Applicable Functions

Business Operation

Quality Assurance

Services

System Integration

Software Design & Engineering Services

Training

Challenge

By 2012, Prometheus had established itself as a major provider of analytic tools to Australia's health funds. However, the company recognized that the information needs of health funds were evolving, and it was time to enhance its offerings. The competitive landscape was shifting, with data utilization for decision support becoming a critical differentiator. Prometheus needed to adapt to these changes to maintain its market position. The company had a solid user base with its WIZ OLAP engine, which was already integrated into several health funds and industry-managed applications. Despite this success, Prometheus realized that the growing demand for data visualization and advanced reporting capabilities required a new approach. The challenge was to find a solution that could complement their existing OLAP engine without diverting their focus from their core expertise in data analysis and health fund operations.

About Customer

Prometheus Information is an Australian company specializing in business intelligence (BI) solutions for the Health Fund and Healthcare market. Founded over 25 years ago by mathematicians and computer scientists, the company boasts a diverse team with expertise in statistics, artificial intelligence, business IT strategy, advanced algorithms, and bio-informatics. This multidisciplinary approach allows Prometheus to tackle complex problems from unique perspectives, leading to optimal solutions for their clients. The company has a long history of working closely with the health industry, developing specialized tools like the WIZ OLAP engine for the Federal Department of Health. Prometheus has built a reputation for its deep understanding of the health sector's data needs, enabling them to provide tailored BI solutions that address the specific challenges faced by health funds and healthcare providers.

Solution

Prometheus decided against building its own visualization tool despite having the technical capability. Instead, they sought a partner with a strong focus on visualization technology. After preparing a list of requirements, they selected Yellowfin's reporting and visualization platform. Yellowfin was chosen for its strategic vision, web and mobile-based software, low footprint, and strong service and R&D capabilities. The integration of Yellowfin with Prometheus' OLAP engine resulted in the creation of Prometheus Business Intelligence for Health Funds. This solution combines Yellowfin's ad-hoc reporting capabilities with pre-made dashboards, a Prometheus OLAP tool, a data library, and a health fund-specific data warehouse and ETL setup. The result is a comprehensive BI environment that offers strategic and operational reporting in a highly visual, mobile-ready, and web-enabled format. This platform is cost-effective and suitable for both analysts and business users, providing a dashboard presentation of key performance indicators.

Impact #1	The integration of Yellowfin into Prometheus' health fund solution has provided the visualization capabilities that users were seeking.
Impact #2	Yellowfin's reports and interactive dashboards make it easier for health funds to understand and utilize their data in everyday decision-making.
Impact #3	The solution supports various aspects of health fund operations, including profitability, membership, claims, and fraud detection.

Impact #1

The integration of Yellowfin into Prometheus' health fund solution has provided the visualization capabilities that users were seeking.

Impact #2

Yellowfin's reports and interactive dashboards make it easier for health funds to understand and utilize their data in everyday decision-making.

Impact #3

The solution supports various aspects of health fund operations, including profitability, membership, claims, and fraud detection.

Benefit #1	Almost half of Australia's health funds use Prometheus BI solutions in their reporting and decision-making.

Benefit #1

Almost half of Australia's health funds use Prometheus BI solutions in their reporting and decision-making.

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Overview

Prometheus, A Titan in Health Fund Analytics

Operational Impact

Quantitative Benefit