New this week: big growth for big data; HIT moves patient data to the cloud
Diagnostic Reading summary includes: expect growth for big data and analytics; researchers are learning better ways to harness the power of predictive analytics; new vaccine that doesn’t require refrigeration could save children’s lives in developing countries; facial recognition software diagnoses rare diseases; and healthcare organizations move patient data to the cloud.
Big data, analytics to see double digit revenue growth through 2020 – Health Data Management
Worldwide revenues for big data and business analytics will reach $150.8 billion in 2017, an increase of 12 percent over 2016, according to a report from IDC. And these products and services are expected to maintain a compound annual growth rate of 12 percent through 2020, when revenues will be more than $210 billion, IDC said. Healthcare is among the industries that will experience the fastest growth in spending. Continue reading