Transcript Healthcare and Life Sciences Sales Leader

Big Data: Challenges and
Opportunities for Healthcare
Joe Paxton
Healthcare and Life Sciences
Sales Leader
© 2012 TeraMedica, Inc.
Course Presenter Bio Overview
•
Joe Paxton - Healthcare and Life Sciences Sales Leader, General
Business North America.
•
Joe is responsible for leading IBM's sales resources to 1400 Providers and
400 Life Sciences clients in the United States and Canada working with IBM
Account Teams, Business Partners and ISV‘s
•
He has 28 years sales and management experience working primarily with
Healthcare and Life Sciences Industry Clients throughout the United States.
•
Prior to his current assignment, Joe was the Territory Director responsible
for sales in the Mountain West Region including Colorado, Nevada, Utah,
Wyoming and Montana.
© 2012 TeraMedica, Inc.
Course Overview
• What are the challenges facing healthcare today?
• What is Big Data?
• What’s the value of addressing Big Data in healthcare?
• How can healthcare organizations address the
challenges of Big Data?
© 2012 TeraMedica, Inc.
What are the challenges facing healthcare
today?
Effectively
use IT
Comply
with
Lower
costs
government
regulations
Shift to
proactive
care
Deliver
better care
Convert to
electronic
medical
records
© 2012 TeraMedica, Inc.
The effective
use of
information
will transform
healthcare
What is Big Data?
• INSERT COPY AND/OR
PHOTOS
• CAN DUPLICATE SLIDE
• CAN CHANGE SIZE OF
IMAGE, ETC.
© 2012 TeraMedica, Inc.
Big data spans three dimensions:
Volume, Velocity and Variety
Velocity
Often timesensitive, data
must be analyzed
as it’s streaming in
to maximize its
value to patient
care (e.g. patient
monitoring)
Variety
Structured and
unstructured data:
clinical notes, audio
transcription,
imaging, click
streams
Volume in petabytes
Electronic medical records, images, digital
pathology, email, web communications
© 2012 TeraMedica, Inc.
What’s the value of addressing Big Data in
healthcare?
Bringing big data to the enterprise
Examples of value:
• Access medical images from
across the organization to speed
patient diagnosis
• Capture and analyze physiological
data in ICU’s in real time to detect
problems before they happen
• Integrate patient health information,
patient preferences and insights
from best practices and evidence
generation.
McKinsey Global Institute – May 2011:
Big Data: The next frontier for innovation, competition and
productivity
© 2012 TeraMedica, Inc.
• Continuously aggregate and
analyze public health data to detect
and manage potential outbreaks
How can healthcare organizations
address the challenges of Big Data?
Smarter Computing for healthcare
© 2012 TeraMedica, Inc.
Designed for Data:
Extending beyond traditional sources of data and
generating insights from new forms of information
Traditional Approach
New Approach
Structured, analytical, logical
Creative, holistic thought, intuition
Structured
Repeatable
Linear
Standard reporting
Operational metrics, KPI’s
Quality core measures
Clinical/business insights
© 2012 TeraMedica, Inc.
Health
Information
Unstructured
Exploratory
Iterative
Clinical notes
Medical imaging
Consumer behavior and
preferences
Compliance management
All forms of information can be incorporated into an enterprise’s
information supply chain and storage infrastructure
Transactional &
Collaborative
Applications
External
Information
Sources
© 2012 TeraMedica, Inc.
Business
Analytics
Applications
Questions:
1. Is your healthcare organization getting the most out
of your data?
2. Are you able to collaborate on and extract insight
from your data quickly?
3. Can your data react to clinical and operational
requirements in ‘real-time’?
Mine Data in Motion
Harness the
information
explosion
© 2012 TeraMedica, Inc.
Combine
‘in the moment’
with large-scale
‘after the fact’
Virginia Commonwealth University
Medical Center
VCU needed to transform its IT
infrastructure to better support its
growing information environment
Enabled patient care at any time, from anywhere
• Consolidated, deduplicated and eliminated
redundant data, recovering storage capacity
• Integrated information for a single version of the truth
• Automated system configurations for better efficiency
• Supported information access through the Cloud
• Reduced security threats and improved IT security
by consolidating disparate devices
• Added stability and resiliency and reduced system
overhead and downtime and business risk
To transform economics and enable innovation:
Reduced cost per
terabyte by 50-55%
© 2012 TeraMedica, Inc.
Decreased data backup time
from 23 to 2.5 hours
Boosted storage capacity, targeting a
five-to-eight-time increase, avoiding
additional hardware investments