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Harnessing the power of big data

Submitted by on July 6, 2018 – 5:57 amNo Comment

Big data is revolutionizing the world as we know it, and data scientists are now part of one of the fastest growing industries worldwide. Harnessing the true power of data analytics can deliver life-saving insights and billions of dollars’ worth of cost and efficiency savings, so how are different industries using data to drive this?

Big data

As one of Australia’s fastest growing sectors, the healthcare industry is sitting on an unfathomable amount of data – accounting for almost 30% of the world’s stored data. Analysts have stated that a single patient can generate around 80 megabytes of medical data per year, and this number will only keep growing.

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