Your business is probably using analytics to predict trends and plan for the future. But don’t forget about prescriptive analytics, which leads to concrete decisions.
In response to the COVID-19 emergency, over 500 clinical trials of potential COVID-19 treatments and interventions began worldwide. The trials use a living database that compiles and curates data from trial registries and other sources. This helps medical and public health experts predict disease spread, find new treatments and plan for clinical management of the pandemic.
Big data analytics is what has already transformed the way we do business as it provides an unprecedented insight into a vast amount of unstructured, semi-structured, and structured data by analyzing, processing, and interpreting it.
Data and AI specialists and researchers are likely to have a field day in 2020, so here are some of the most important trends in this industry.