Healthcare IT Today September 22, 2021
Creating healthcare data is easy. Wrangling it so that it is sharable, useable, and valuable is challenging. In fact, it may be the one thing that prevents healthcare organizations from utilizing advanced technologies like AI, machine learning, and predictive analytics. The good news is that it can be done, you just have to choose the right data animal to tame.
Explosive Data Growth
RBC Capital Markets projects that “by 2025, the compound annual growth rate of data for healthcare will reach 36%” much higher than for most industries including manufacturing, financial services and media + entertainment. In 2018 Statistica estimated healthcare was producing 2,314 exabytes of data (1 exabyte is 1 billion GB).
Do the math and you end up...