BIG DATA ANALYTICS CAPABILITIES, THE BUSINESS VALUE OF INFORMATION TECHNOLOGY, AND HEALTHCARE ORGANIZATIONS: THE NEED FOR CONSENSUS IN EVIDENCE-BASED MEDICAL PRACTICES
BIG DATA ANALYTICS CAPABILITIES, THE BUSINESS VALUE OF INFORMATION TECHNOLOGY, AND HEALTHCARE ORGANIZATIONS: THE NEED FOR CONSENSUS IN EVIDENCE-BASED MEDICAL PRACTICES

Summary/Abstract: Employing recent research results covering the relationship between big data analytics capabilities, the business value of information technology, and healthcare organizations, and using data from Dresner Advisory Services, IBM, Knowledgent, McKinsey Global Institute, and Rock Health, I performed analyses and made estimates regarding adoption of big data by vertical industry, value potential from use of big data, how smart money is fueling digital health, and the importance of big data in healthcare organizations. Empirical and secondary data are used to support the claim that in conjunction with cutting edge machine learning, clinical data sources facilitate the swift propagation of prediction patterns for numerous comparable clinical issues.

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