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Healthcare Big Data Venture Funding Grows Q1
Venture capitalists poured more than $1 billion into the healthcare IT sector during the first quarter of 2016 as investors look to target data analytics and telemedicine for growth. The first three months also saw several large big data acquisitions as key players like IBM’s Watson Health unit continued their buying sprees. Market researcher Mercom […]
6 Ways Analytics And The Internet Of Things Will Transform Business
At IBM’s Insight conference, Bob Picciano, senior vice president of IBM Analytics, talked about the rise of the “cognitive business”, or an enterprise that engages with analytics to improve its customer relations, business processes, and decision-making capabilities. There are dueling predictions over how ubiquitous the Internet of Things will be, but most indicate that the […]
Ten Commandments of Business Intelligience
by Shant Hovsepian-The 10 Commandments of Business Intelligence in Big Data. Organizations today don’t use previous generation architectures to store their big data. Why would they use previous-generation BI tools for big data analysis? When looking at BI tools for your organization, there are 10 “Commandments” you should live by. First Commandment: Thou Shalt Not […]
Connected Assets, Big Data and Better Decision-Making
by Eddie Amos New power does not come from data itself, but from the evolution of connectivity. First we connected computers, then we connected 2.3 billion people annually and then we connected sensors and machines. There is no doubt that our lives as humans are evolving. New technologies, including everything from our refrigerators and Fitbits […]
Beyond Social: How Text Analytics Can Improve Business
By Alex Woodie: There’s been a lot of time and attention dedicated to mining social media with big data techniques. With more than 400 million tweets a day, you’re almost certain to find a trending Twitter topic that’s relevant to you. But text analytics’ potential is much bigger than social media, and some of its […]
What’s Your Strategic Intent for Big Data?
Like many new information technologies, Big Data can bring about dramatic cost reductions, substantial improvements in the time required to perform a computing task, or new product and service offerings. Which of these benefits are you seeking? The technologies and concepts behind Big Data allow organizations to achieve a variety of objectives, but you are […]
Big Data and the Brain: Keeping the Cognitive Load in Check
Having a large amount of data is not useful by itself, it has to be easy to find and retrieve the data for later use. Part of what makes this challenging is the human brain. In this post, we will review how the limits of the brain have helped to shape the file systems we […]
Healthcare Unstructured Data
By George Leopold: Unstructured data is estimated to account for nearly 80 percent of health care information, a hodge-podge of physicians’ notes, sensor data from medical devices, lab results, X-ray and MRI images along with clinical and financial data. Add to the mix several layers of patient privacy and medical IT regulations and you get […]
DOD Health Care Competition Attracts Big Data Players
By George Leopold A pending Defense Department solicitation for a massive health care management system is touching off a scramble among federal contractors and medical IT specialists who would have to find ways to apply data analytics techniques to a huge Pentagon health records database. The massive military program called Department of Defense Healthcare Management […]
Texas Children’s Hospital Contains Cost with Big Data
Hospitals have been using data warehouse software for decades, but such systems are difficult to tune for healthcare data, which is constantly changing. They fail to integrate and assimilate information in a timely manner, which can lead to unnecessary treatments or diagnostics. This can be troublesome as Medicare and Medicaid shifts from reimbursing hospitals based […]