In 2011, IDC predicted the that size of data or the “digital universe” would increase by 48% in 2012, accelerating the innovation of in-memory databases and analytic functionality. Since then, everyone’s been talkin’ about big data: what it means and how it will shape US industries like healthcare.
“Healthcare organizations around the world are challenged by pressures to reduce costs, improve coordination and outcomes, provide more with less and be more patient centric,” explains a recent report by IBM.
The solution? Building analytics competency which would allow these organizations to use “big data” to set goals and produce better outcomes more quickly.