Every week we feature different industry news stories via our social media channels. Last month, we shared articles that explained Big Data. This month we shared articles with you surrounding patient safety and bar coding in healthcare, Gartner’s top 10 tech trends and Open Data.
Are you wondering what we mean by Open Data? Open Data—using previously private information in a more real-time and public way—has been estimated to generate $3 trillion annually in additional value across seven industries, including Transportation and Healthcare.
You may have already read that Gartner named cloud, mobile computing and Internet of Things as top 10 tech trends for 2015. But did you know that Business Insider estimates the amount of internet devices today compared to those around by 2018 will increase from 1.9 to 9 billion? That’s almost a fivefold increase, and we’re just four years away.
If you missed any of these exciting news pieces or want to learn more, you can check them out below. Here are some of our favorite quotes from this month’s articles:
"To truly turn the tide on patient safety, hospitals need to expand the adoption of bar coding technology - even if it's the most basic 1-D - into all areas of the hospital…” – Bar coding earning its stripes in middle age, TMCnet.com
“The convergence of cloud and mobile computing will continue to promote the growth of centrally coordinated applications that can be delivered to any device.” – Gartner's Top 10 Strategic Technology Trends for 2015, Forbes
“The IoT will be a diffuse layer of devices, sensors, and computing power that overlays entire business-to-business, consumer-facing and government industries.” – 'The Internet Of Things' Will Change Virtually Everything About How Large Companies Operate, Business Insider
“These ‘smart, connected products’—made possible by vast improvements in processing power and device miniaturization and by the network benefits of ubiquitous wireless connectivity—have unleashed a new era of competition.” – How Smart, Connected Products Are Transforming Competition, HBR
“Arne Strauss, analytics professor at the Warwick Business School, says retailers are developing ways of monitoring customers as they enter physical stores, allowing them to optimize store layout and even change on-shelf promotions depending on which customer is walking by…” – Moneyball: How businesses are using data to outsmart their rivals, CNN
“The economic impact of big data will take a number of forms…improved use of data could generate $3 trillion in additional value each year in seven industries.” – Big Data Means Big Opportunities for Consumers, Businesses, National Journal
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