Word of the week: big data

By Word of the Week on August 28th, 2015

Big data has become a popular term used to describe the growth and availability of data that companies can analyze in order to make better business decisions. These decisions based on accurate analyses of big data can lead to greater efficiency, productivity and cost reductions which positively impact the company’s bottom line. In particular, the healthcare industry is becoming extremely interested in big data to predict epidemics, find cures, and improve quality of life of their patients.

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