Disruptive Data in Future Care
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Presented at the Digital Care Surgery in Birmingham, this presentation highlights the potential data based disruptions to the future health care industry in the form of data bases products and services. Digital Care Surgery was host by Digital Birmingham (@DigiBrum), supported by Innovate UK (@innovate_uk), setup to support and accelerate SMEs in the health care industry.
![DISRUPTIVE DATA IN FUTURE CARE
Chandan Rajah [ @ChandanRajah ]
“The price of light is far less than the cost of darkness”](https://image.slidesharecdn.com/cdecdisruptivedatainhealth20141016-141020041644-conversion-gate02/85/disruptive-data-in-future-care-1-320.jpg)
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Disruptive Data in Future Care
- 1. DISRUPTIVE DATA IN FUTURE CARE Chandan Rajah [ @ChandanRajah ] “The price of light is far less than the cost of darkness”
- 2. CONDITION ASPECTS OF CARE PEOPLE PROCEDURE REMEDY
- 3. Potential for Disruption PEOPLE CONDITION PROCEDURE REMEDY “£80 billion spent on care in the UK ~ 7% GDP $1.1 trillion spent on care in the US ~ 10% GDP” - WHO “$300 billion of value locked in health care data 6 – 8% unlocked today” – McKinsey & Co.
- 4. What is the Big Idea ? CARE DATA FUTURE OF CARE
- 5. Today, Tomorrow, RIKUP & Beyond R REPORTING I INFORMATION K KNOWLEDGE P PREDICTION U UNDERSTANDING PAST FUTURE CARE RECORDS PROACTIVE FUTURE CARE CARE MONITORING IDENTIFY WRONG CARE CLINICAL PATHWAYS REACTIVE HEALING COMPLEX INTERACTIONS TREATMENT EFFICIENCY CARE SIMULATION PREVENTIVE REMEDY
- 6. AFFINITY CLUSTER DIMENSIONS OF INNOVATION SENTIMENT HOLISTIC
- 7. COST SPEED VALUE DRIVERS AGILITY CAPABILITY
- 8. What’s the Buzz ? Peer Network Care Presence Predictive Care & Intervention Active Remote Care & Support Self Monitoring & First Action Adaptive Auto Intuition Personal Care Network Care Network Optimization
- 9. TIME VALUE OF DATA KNOWLEDGE IS POWER LAST WORDS OF WISDOM NOT ALL ROADS LEAD TO ROME I AM AN INDIVIDUAL
- 10. “The price of light is far less than the cost of darkness”
Notes de l'éditeur
- WHAT - What is Big Data Science? WHY - Why is it needed? WHERE - Where is it being used? HOW - How will it evolve?
- WHAT - What is Big Data Science? WHY - Why is it needed? WHERE - Where is it being used? HOW - How will it evolve?
- COST – 20x less per TB v/s Teradata, Netezza, Oracle – 75% less average marginal cost per capacity SPEED – 10x faster than Teradata, Netezza AGILITY – 115% lesser average cost per data source v/s Oracle SCIENCE – Machine learning, prediction
- TIME VALUE - Yesterday’s data is less valuable than today’s data - Historical data is more valuable than just now alone POWER - Get from unknown unknowns to known unknowns or known knowns is powerful LEAD TO ROME - Exploring with no direct business impact is not a bad thing INDIVUDUAL - Treat every customer as an individual not an aggregate and analyse - Aggregate only individual insights