Certain industries have found a select few number of different applications for big data and analytics in their day-to-day operations. The companies in such sectors experience notable benefits as a result, but may not necessarily go beyond those specific uses. By contrast, some other fields have found a wide variety of purposes for their big data and the business intelligence platforms they use to aggregate and apply it, and are continuing to find new uses for it on a fairly regular basis.
The health care industry can be considered to fall into the latter category. Recent industry news and reports have found that as big data becomes more prevalent in the health sector – particularly because of the now-proven inefficiency of relying heavily on paper documents for registration and other essential record-keeping tasks – the applications of this data are starting to become more numerous and varied. With this fact in mind, health care organizations that have not yet made the jump to BI and analytics software platforms should inform themselves regarding the benefits of these products.
Registration- and document-related benefits
According to Cloud Tweaks, many health care systems and providers are moving their patient information to the cloud using big data. This trend even applies to organizations that may have been skeptical at first. Traditional IT networks within the field have been shown to not be up to snuff in terms of handling information-related needs at the levels of speed and efficiency that the cloud – and big data – can offer.
In a recent infographic, Bottomline Technologies pointed out the competitive disadvantage at which health care organizations operate if they stick to paper for their registration processes. Specifically, they could potentially lose up to $45 billion in revenue that would be much less likely to fall by the wayside if they went to the cloud. Comparatively, cloud adoption could lead to savings of approximately 670 man-hours per year and 4,000 less paper documents scanned per day.
Potential security boosts
As Network World reported, security issues can be considerable among institutions within the health care industry. The sensitivity of patient information makes any potential security breach that much more dangerous, so the utmost protection must be a priority.
Automated big data and analytics processes can help negate such risks. The source stated that big data tools are capable of analyzing network traffic and identifying suspicious patterns in a way that simply isn't possible if handled solely by individuals within the IT department.