Five exabytes of data is produced every day, and 463 exabytes of data will be generated daily by people across social media, communication, and video sharing channels by 2025. Still, many companies struggle to effectively measure and report on the business value of their investment in and analysis of data.
More businesses are recognizing the opportunities for growth and improvement hidden within the data they collect. Still, too many organizations are not leveraging data analysis to its full potential. This is by no means trivial, but the ROI on reaching data maturity is worth the investment.
Healthcare is an industry driven by emerging technologies such as telemedicine, smart wearable devices, and EHR (electronic health records) that provide better access to health data and help patients and physicians communicate.
Healthcare’s technological revolution has gone into overdrive, as healthcare embraces big data and other data management technologies with the hope of overcoming treatment obstacles during the pandemic and preventing another pandemic.