article thumbnail

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.

article thumbnail

Leveraging Data Analytics in the Fight Against Prescription Opioid Abuse

Cloudera

Every day in the US thousands of legitimate prescriptions for the opioid class of pharmaceuticals are written to mitigate acute pain during post-operation recovery, chronic back and neck pain, and a host of other cases where patients experience moderate-to-severe discomfort.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Global Impact of Cloudera in Our Daily Lives

Cloudera

Cloudera customers understand the potential impact of data, analytics, and AI on their respective businesses — reducing costs, managing risk, improving customer satisfaction, and generating new business opportunities that help to increase market share. These are just a couple of the stories we highlight in our interactive tour.

article thumbnail

Webinar Summary: Driving Data Analytic Team Excellence Through Agility, Efficiency, and Aphorisms

DataKitchen

He drew from his twenty-five years of experience in business analytics, pharmaceutical brand launch strategy, and project management. He also highlighted the importance of agility and adaptability in data analytics. Iterating and quickly addressing customer questions or concerns improves outputs and conversations.

article thumbnail

Cloudera at BioData World Congress 2020 – Use Cases at Top 5 Pharmaceutical Organizations

Cloudera

I’m excited to be presenting at BioData World with Mark Ramsey, PhD , Managing Partner, Ramsey International, about Cloudera’s role in life sciences and use cases at top 5 pharmaceutical organizations on November 11, 2020, at 9:50 am ET. . If you plan to attend, w e look forward to speaking with you next week.

article thumbnail

Insights from the Gartner Data & Analytics Summit in London: Embracing Data Leadership and Strategy

Precisely

Leaders from various sectors shared their experiences aligning data teams with business strategies while managing the overwhelming demands placed on their teams. Upskilling initiatives and managing employee churn are key to building robust data science teams – as emphasized by a data leader from the pharmaceutical industry.

Food 94
article thumbnail

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.