TECHNOLOGY
volume . And that is where big data comes into play .
Steven Escaravage and Joachim Roski of Health Affairs Blog have spent some time working on big data projects with federal health agencies and other departments and what they have found is an overall lack of discipline , “ unexpected in taking full advantage of big data ’ s potential .”
Many healthcare organizations are eager to get started on a big data project , and in their haste , do not consider what problems to focus on when compiling analytics . Additionally , organizations tend to stick with the data that is easily accessible and
‘ It ’ s all about balance : understanding where one ’ s data comes from and an approach that starts with a problem , not a solution ’ familiar , the duo reported , providing only a partial picture .
“ Health organizations will get the most from big data when everyone sees the value and participates ,” wrote Escaravage and Roski . “ Too often though , initial analytics projects may be so self-contained that it is hard to see how any of the results might apply elsewhere in the organization .”
The healthcare industry has the potential to realize $ 300 billion in annual value by leveraging big data , according to a 2011 McKinsey report , but getting there will take trial and error .
This is where baseball comes into play .
Lessons from the Field At this point in time , the baseball industry has big data locked down . Baseball can gather all sorts of data from the field – the type of
22 December 2014