Economic Times August 18, 2023
The most essential aspect of existence is health. The healthcare sector produces a significant amount of data from various healthcare organisations, including hospitals, healthcare service providers, insurance companies, etc. However, the healthcare sector has not yet properly explored the value of big data in generating significant insights from such large amounts of data at hand, unlike other sectors such as retail and banking that have already utilised the potentials of big data.
For instance, grocery businesses detect the patterns of their sales, make discounts and special offers, and have a mix of products that not only boosts their profits but also boosts customer happiness to evaluate the loyalty of their patrons. The pharmaceutical...
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