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Data Analytics May Change the World Featured

Data Analytics May Change the World Greg Rosenke

Data analytics is proving to be an excellent tool, not only for business but for the planet as well, going by how it is helping fight climate change and helping society in general. While many have associated it with its uses in the business environment, it is proving to be the change that the world needs at a time when the fight against climate change is taking shape. In addition to helping in climate change initiatives, big data analytics will help improve other areas such as entertainment and health and research, among other fields. Here are some of the biggest areas that data has on the world.

Data is revolutionizing climate forecasts

An initiative by the European Union called Destination Earth has been earmarked to stimulate natural and human activity while also helping monitor the planet. This initiative will capture continuous, real-time data and offer a highly accurate forecast related to the planet’s weather events and natural disasters such as fires, hurricanes, floods, droughts and others, as well as climate change and the earth’s resources. This initiative, known as Destination Earth or DestinE, will be implemented gradually over the next decade with the goal of helping scientists and users means of evaluating different scenarios and enhancing support for sustainable developmental policies.

Data helps in curation

Data Analytics May Change the World

Data analytics is proving to be an excellent tool, not only for business but for the planet as well, going by how it is helping fight climate change and helping society in general. While many have associated it with its uses in the business environment, it is proving to be the change that the world needs at a time when the fight against climate change is taking shape. In addition to helping in climate change initiatives, big data analytics will help improve other areas such as entertainment and health and research, among other fields. Here are some of the biggest areas that data has on the world.

Data is revolutionizing climate forecasts

An initiative by the European Union called Destination Earth has been earmarked to stimulate natural and human activity while also helping monitor the planet. This initiative will capture continuous, real-time data and offer a highly accurate forecast related to the planet’s weather events and natural disasters such as fires, hurricanes, floods, droughts and others, as well as climate change and the earth’s resources. This initiative, known as Destination Earth or DestinE, will be implemented gradually over the next decade with the goal of helping scientists and users means of evaluating different scenarios and enhancing support for sustainable developmental policies.

Data helps in curation

Curation is one of the most important data innovations in the day-to-day lives of individuals. An example is when using music apps like Apple Music or Spotify. In such a scenario, machine learning algorithms personalize the experience depending on your preferences. The algorithms learn what the user likes and personalize music for each 406 million users that use Spotify. This is a massive impact on music curation and streaming services. It helps customers personalize their experiences and make big business decisions. Companies like Netflix, Amazon and Disney use data to enhance the platform’s experience and make critical production decisions.

Data helps save human lives

With the world increasingly going digital, big data has been useful in improving research and patient outcomes. However, it is historically expensive, slow and inaccessible for non-experts. Despite the challenges, data has various impacts on the medical field. One of the areas is medical research, where big data is helping researchers in labs leading to breakthroughs in how diseases are understood and treated. Hospital operations have also been enhanced. Hospitals use data like other businesses to manage staff, and supplies, reduce waiting time and asses insurance claims. Furthermore, data is analyzed using analytics to improve individual patients' treatment and enhance overall outcomes. It can also help answer big picture questions.

One of the key achievements in recent years in the medical sector is the advancement of wearable technology. Patients can monitor various conditions like heart rate constantly in a non-intrusive manner and gather massive amounts of data daily. By collecting such critical data and gaining an understanding of patients' health, medical professionals can provide recommendations for preventive care and stop diseases. The challenge is that this type of information is sensitive, and healthcare institutions must improve their data security to counter the security issues.

Data helps in business operations

Data is proving to be an important aspect of running businesses. With unique datasets coming from different areas, data analytics is needed to inform the decision-making and running of operations. Data analysis is needed to identify the customer demographics to inform marketing and advertising decisions. Furthermore, product usage data informs user interface decisions and helps different teams build better digital experiences. For instance, big tech launch new features to improve their existing products and launch innovations with the help of data from customers. With this, it is evident that data is necessary for innovation across different industries.

 

 

Source

https://www.ironhack.com/en/data-analytics/data-analytics-is-changing-the-world-here-s-why-you-should-care

Data helps save human lives

With the world increasingly going digital, big data has been useful in improving research and patient outcomes. However, it is historically expensive, slow and inaccessible for non-experts. Despite the challenges, data has various impacts on the medical field. One of the areas is medical research, where big data is helping researchers in labs leading to breakthroughs in how diseases are understood and treated. Hospital operations have also been enhanced. Hospitals use data like other businesses to manage staff, and supplies, reduce waiting time and asses insurance claims. Furthermore, data is analyzed using analytics to improve individual patients' treatment and enhance overall outcomes. It can also help answer big picture questions.

One of the key achievements in recent years in the medical sector is the advancement of wearable technology. Patients can monitor various conditions like heart rate constantly in a non-intrusive manner and gather massive amounts of data daily. By collecting such critical data and gaining an understanding of patients' health, medical professionals can provide recommendations for preventive care and stop diseases. The challenge is that this type of information is sensitive, and healthcare institutions must improve their data security to counter the security issues.

Data helps in business operations

Data is proving to be an important aspect of running businesses. With unique datasets coming from different areas, data analytics is needed to inform the decision-making and running of operations. Data analysis is needed to identify the customer demographics to inform marketing and advertising decisions. Furthermore, product usage data informs user interface decisions and helps different teams build better digital experiences. For instance, big tech launch new features to improve their existing products and launch innovations with the help of data from customers. With this, it is evident that data is necessary for innovation across different industries.

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Scott Koegler

Scott Koegler is Executive Editor for Big Data & Analytics Tech Brief

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