At some point, all of us have been frustrated by U.S. transportation systems: waiting on a subway platform for a late train; standing at the bus stop watching the next bus go cruising past without room for more passengers. In these situations, we’ve all asked, “Isn’t there a better way to do this?” Soon, there will be, and it is thanks in large part to data-driven innovations.
Technology is changing more rapidly than ever before—and changing everything, upending old social mores. The world is “flatter” too, as people urbanize, travel costs fall, and instantaneous communication becomes nearly ubiquitous.
Thanks to smart technologies and cloud storage, patients can take advantage of medical services anywhere (such as in the home) and share their records and diagnostics in real time. Medical decision-making is less beholden to the physical and figurative medical bureaucracy.
The excitement over healthcare Big Data is not just about improving length and quality of life; there are also big potential economic benefits.
With the forthcoming release of the long-awaited Big Data report by White House Counselor John Podesta, it’s easy to get lost in the politics and other distractions that come from any type of Washington report. Regardless of what the report ultimately says, it touches on the largest unfolding economic frontier this country (and the world) has discovered in generations: the data-driven economy.
Data, no matter how massive, will not produce any results by itself. The fruits of intellectual property make that happen.