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Disrupting Markets is your window into how companies have digitally transformed their businesses, shaken up their industries, and even changed the world through the use of data and analytics. The use of big data analytics and cloud computing has spiked phenomenally during the last decade. In the healthcare sector, McKesson Corp. —
The steady growth of medical data is outpacing many health providers’ ability to make use of it. Datamining and analytics tools previously used for commercial data are being applied to medical data in various forms. Embedded patient analytics analyze medical data from many sources in one place.
While Big Data analytics will continue to grow in enterprises to provide more insights to businesses, we have spotted a different trend. From Big to Small & Wide Data. In their annual report of “Data And Analytics Trends for 2021”, leading analyst firm Gartner has featured the trend – “From Big to Small and Wide Data”.
In the recently announced Technology Trends in Data Management, Gartner has introduced the concept of “Data Fabric”. Here is the link to the document, Top Trends in Data and Analytics for 2021: Data Fabric Is the Foundation (gartner.com).
billion by the end of 2021. Despite these findings, the undeniable value of intelligence for business, and the incredible demand for BI skills, there is a severe shortage of BI-based data professionals – with a shortfall of 1.5 The BI industry is expected to soar to a value of $26.50 million in the USA alone.
Now that we’ve put the misuse of statistics in context, let’s look at various digital age examples of statistics that are misleading across five distinct, but related, spectrums: media and politics, news, advertising, science, and healthcare. 2) Examples of misleading statistics in healthcare. 3) Data fishing.
By Industry Businesses from many industries use embedded analytics to make sense of their data. In a recent study by Mordor Intelligence , financial services, IT/telecom, and healthcare were tagged as leading industries in the use of embedded analytics. Healthcare is forecasted for significant growth in the near future.
The healthcare industry was dominated by the pandemic last year, to the point that people suffering from other conditions were essentially pushed aside. Following is an overview of the critical areas in which changes are likely to impact the healthcare system network this year and beyond.
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