Health providers generate roughly 137 terabytes of data daily - that's over 68.5 million books! However, 80% of that data is unstructured and largely underutilized.
From doctor’s notes and medical imaging to clinical trial reports, unstructured data holds immense potential to transform patient care, accelerate research, and improve operational efficiency. Yet, most organizations struggle to make sense of it.
The Impact of Activating Unstructured Data
With the rise of wearable devices, telemedicine, AI-assisted clinical notes, and ambient listening technology, the volume of unstructured health data is skyrocketing. Activating this data means:
Clinical trial costs could drop by 70%, reducing barriers to life-saving treatments
Trial timelines could shorten by 40%, accelerating drug discoveries
Doctors could save over 15 hours per week, allowing more time for patient care
Errors in prescriptions and treatment plans could significantly decrease, improving outcomes
However, it's a balancing game. As much as AI and Big Data have the power to change the game when it comes to harnessing Critical Data, it also comes with challenges and trust concerns like the complexity of data ownership and risk management.
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