healthcare, align pay with performance and help hold down growth in healthcare costs." healthcare industry, there's now additional pressure from patients who have increased service demands. Patients want more tailored medical solutions. The solution to this is to use Big Data to provide more tailored medical solutions. Data in the healthcare industry. A report based on the Intel Healthcare Innovation Summit 2012 reinforced the capacity of Big Data to deliver personalised medical solutions for patients. points to the need for a "Google-like search capability that allows natural-language searches, straight-text searches, image based searches, and structural searches". Leach envisages finding the data he needs from various sources, combining the data through a common data exchange. impact of Big Data on early drug discovery stage. According to Mike Miller, Senior Director of Pfizer Global Pharmaceuticals, "Merging disparate bits of data will help speed the process and development of personalised medicine." eventual product of Big Data will be event- driven medicine when the data combines to signal a potentially emergent situation, clinicians are alerted and the data drives an actionable event that keeps the patient well. healthcare industry is still at a very early stage, there are already examples of companies that have successfully used Big Data technology to develop healthcare applications. is a GPS-enabled tracker developed by Asthmapolis that monitors inhaler usage by asthmatics. The information gathered from the app is sent to a central database and used to identify individual, group and population- based trends. This information is then combined with existing information about known asthma catalysts to help physicians develop personalised treatment plans and spot prevention opportunities. patients are tracked through their mobile phones and assisted with behavioural health therapies. records calling information, texting information, location and even movement information. The application then integrates this information with public research of behavioural health data, which may give specialists a more accurate understanding of what triggers anxiety, enabling them to tailor treatments. that healthcare executives and industry stakeholders acknowledge the role Big Data can play in ensuring healthcare businesses remain competitive. Market dynamics and competitive pressures require enhanced understanding of underlying Big Data trends. |