Job Opportunities In 10B Healthcare Analytics Market
In the coming months and years there will be an increase in job opportunities focused on Healthcare Data Analytics. There’s been a lot of talk and discussion regarding cloud computing in Healthcare I.T. Companies and competing to store and manage exabytes of data.
Although this is a great market, I believe there’s even a bigger market in mining all of that data. There is a trend with regionalizing and consolidating healthcare data.
Within all of that data is a gold mine of health information and analytics. Having the right tools and expertise to make use of this data is important in order to leverage what is being collected.
Being able to effectively mine all of this data will create a new range of I.T. specialists and software tools.
But what can you do with all that information? How can we move from gathering information for more effective billing to gathering and processing information for more effective healthcare itself?
Assuming we get past the privacy issues (by anonymizing data appropriately), if we can can gather and process enormous streams of health data, and if we can possibly do that in real-time or even near real-time, we might have the opportunity to get ahead of disease vectors and outbreaks.
If you want to learn more about how big data works in real-time, our own David Gewirtz did a webcast on the subject last week. Go ahead and watch Data go vroom! How to keep up with the volume, velocity, and variety of big data in real-time. It’s free and definitely worth a view.
But what about the opportunity for jobs and IT industry growth? Well, that’s where it gets interesting. Industry analysis firm Markets and Markets recently published a report detailing the growth of healthcare analytics.
The bottom line is pretty amazing. The global healthcare analytics market is growing at a Compound Annual Growth Rate of 23.7% from 2012 to 2017. That puts just the analytics segment of the healthcare market at $10.8 billion within four years.
So, if I were you, I’d make sure I spent some time learning about big data, real-time analytics, and take a few statistics classes. Odds are, it will be worth it.