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Big Data Can Save Millions – in Surprisingly Simple Ways

Francine Bennett
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Keith.Grinsted
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Keith.Grinsted, User Rank: Petabyte Pathfinder
2/28/2013 | 8:57:55 PM


Re: Yes, Keep It Simple
@alvb one of the keys to this is how the information that is created from the data is presented to the end user.

If a good enough job is done then more people will buy in to the whole big data concept.

We need to see examples of something in action to stand the very best chance.

deastman
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deastman, User Rank: Bit Player
12/31/2012 | 10:56:01 PM


Re: big darta savings
Ariela,

  I don't think they needed this type of article to come to the realization as you mentioned before.  I feel it's just one more of a slick marketing campaign by drug companies .  I've been in a Drs office when a pharmacutical rep comes in.  They go on great fancy lunches, trips you name it no price is too high.  As long at that doctor agrees to push the drug the rep wants. 

So to flip the argument of how collecting so much data may be useful.  So much of this 'innacuous' information can be collected eventually the plans can become clear that in fact now the unsuspecting person/people will get flodded with ads junk mail and so on.

technetronic
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technetronic, User Rank: Exabyte Executive
12/31/2012 | 3:34:19 PM


Re: Yes, Keep It Simple
Where are the consumers and citizens in that equation?  I think that's where all power ultimately derives from but consumers are generally presumed to be reactionary to marketing and lobbied policies, instead of being seen as the actors that they could be.

What role do consumers play in UK healthcare?  In the US, I feel that consumers are powerful but equally powerfully influenced by marketing and pharma-inspired news articles.

alvb1227
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alvb1227, User Rank: Petabyte Pathfinder
12/31/2012 | 11:48:19 AM


Re: Yes, Keep It Simple
I think the biggest issue with analyzing big data is that many see it as a "big complicated issue." As a result, they often forget what the primary focus should original was - why do this? What was the original goal? Many times, if everyone is constantly reminded of the original goal, it helps to keep the project on track. Yes, simplicity is definitely key.

technetronic
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technetronic, User Rank: Exabyte Executive
12/29/2012 | 3:35:11 PM


Re: Yes, Keep It Simple
Yes, agreed, and glad that you pointed out that this kind of processing can be fun and exciting, once it's boiled down to a simple starting point.

With all new technologies, especially those digital, I hear inklings of the holy grail, when in reality there is never going to be a holy grail of a technology because they're just tools.

Does anyone have good writeups on how advertising networks learn to target ads?  Those are (I hope) good examples of machine learning in a big data age.

netcrawl
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netcrawl, User Rank: Exabyte Executive
12/29/2012 | 6:57:41 AM


Re: Yes, Keep It Simple
We can't make real-time analytical decisions because we don't have the right tool or interface that provide actionable information, without those tool we can't tame the data deluge and drive profit, big data is amazing, that's true only if we have the tool to handle it.

Keith.Grinsted
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Keith.Grinsted, User Rank: Petabyte Pathfinder
12/29/2012 | 6:49:53 AM


Re: Yes, Keep It Simple
Unfortunately it is one thing using data to identify a problem - it is another to then rectify that issue.

We have known for years in UK that proprietary drugs cost us £millions and successive governments have tried to do something about it but it is the old pyramid again.

At the top is the single piece of data that says we are wasting £££s.

Then there are the government depts with programmes sponsored by the pharmacy industry.

Then the managers / administrators.

Then the doctors who are being courted by the pharmaceutical companies to prescribe their drugs.

And Doctors' Surgeries now have the final say as they are run as independent trusts, so are they going to listen to the data or the powerful pharmaceutical industry?

I'll leave you to answer that one!!

Saul Sherry
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Saul Sherry, User Rank: Blogger
12/28/2012 | 5:34:26 AM


Re: Yes, Keep It Simple
Where to find those humans though @netcrawl? Francine's input here is great as it seems her specific skillset was brought in to tackle a specific NHS problem... imagine what could be done for healthcare throughout the world with a similar approach.

Anna Young
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Anna Young, User Rank: Exabyte Executive
12/26/2012 | 8:33:43 AM


Stubborn Privacy Issue
There's always a snag in this type of analysis and that's the unknown reaction of the people who are the sources of Big Data. I enjoyed your analysis but found something missing. Yes, "Big Data Can Save Millions - in Surprisingly Simple Ways" as you made the case so carefully. However, what does the public think of the usage of Big Data and will there be an uproar if they weren't consulted? If we don't address privacy concern in every analysis, we may find that the savings from Big Data may turn into huge losses when the public fights back.

netcrawl
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netcrawl, User Rank: Exabyte Executive
12/26/2012 | 3:35:05 AM


Re: Yes, Keep It Simple
We need to use some business analytics tools, data comes from everywhere, they need to captured, stored, analyzed and processed, before we can use nad harness its power. But the result of this big data analysis could mean something big for company, of course there's always some human intervention. data can't just stand alone without human. 

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