The world of big data in the healthcare sector is vast and growing exponentially. Tools that leverage artificial intelligence (AI) and machine learning (ML) are critical to organizing, correlating, making sense of, and generating useful discoveries from this avalanche of healthcare and medical data. Analysts suggest that 30% of the world’s data now comes from healthcare and this is growing faster than any other industry, with a CAGR (compound annual growth rate) of 36%. In genomics and biomarker-driven drug development, the growth rate of data is even higher, with analysts suggesting that it is doubling every 24 months.
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