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Data Science in Pharmaceutical Industry [Use Cases + Examples]

Knowledge Hut

The pharmaceutical industry is one of the most innovative and competitive industries in the world. The pharmaceutical industry according to report has made a jump from $40 billion in 2021 to an expected $130 billion in 2030, with projections hitting $450 billion by 2047. which help improve decision-making processes.

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Data Analytics in Pharma: How Pfizer, Moderna, and Others Innovate Drug Development

AltexSoft

According to McKinsey’s analysis , the wider adoption of data-driven technologies could increase the business operating performance by 15 to 30 percent of EBIDTA (Earnings Before Interest, Taxes, Depreciation, and Amortization) in just five years. Improvements data analytics promises to bring for pharma. Clinical trials.

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Data Science vs Artificial Intelligence [Top 10 Differences]

Knowledge Hut

Experts have also suggested that, by the year 2030, AI and Data Science will see a 31.4 The field of Artificial Intelligence has seen a massive increase in its applications over the past decade, bringing about a huge impact in many fields such as Pharmaceutical, Retail, Telecommunication, energy, etc. SQL for data migration 2.

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Data Science in Healthcare: Applications, Roles and Benefits

Knowledge Hut

Application and Use Cases of Data Science in Healthcare The healthcare industry is revolutionizing by applying advanced-level machine learning and data analytics.

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Top 11 Programming Languages for Data Scientists in 2023

Edureka

Overall, SQL enables data scientists to quickly access and modify massive databases, making it easier to extract useful information and promoting the manipulation, analysis, and decision-making processes that are informed. It can be used for web scraping, machine learning, and natural language processing.

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10 Real World Data Science Case Studies Projects with Example

ProjectPro

The secret to this massive growth and popularity of Netflix is its advanced use of data analytics and recommendation systems to provide personalized and relevant content recommendations to its users. The data is collected over 100 billion events every day. The success of Spotify has mainly depended on data analytics.

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Recap of Hadoop News for November 2017

ProjectPro

IBM will not provide any further new instances for the basic plan of its data analytics platform. British aircraft engine maker Rolls-Royce is expanding its partnership with TCS to exploit the future of data innovation opportunities. Source : [link] ) Rajasthan selects Big Data firm Teradata to enhance citizen services.

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