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

Driving Innovation and Efficiency with Gen AI in Life Sciences

Snowflake

According to estimates, gen AI will create between $60 billion and $110 billion annually in economic value for pharmaceutical and medtech companies. Gen AI can analyze large data sets of pharmaceutical manufacturing processes and quality control data to improve production efficiency, minimize waste and optimize supply chain management.

Insiders

Sign Up for our Newsletter

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

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.

article thumbnail

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

AltexSoft

Now, that you know key areas where data analytics could bring additional value let’s move to real-life success stories. Revolutionizing cardiovascular trials: AstraZeneca AstraZeneca , a global pharmaceutical manufacturer and biotechnology company, has the ambition to revolutionize clinical trials with AI.

article thumbnail

20 Best Quality Management Certifications That Pay Well in 2023

Knowledge Hut

As Certified Quality Technicians, you will be responsible for performing various quality-related tasks, including inspection, testing, calibration, data collection, data analysis, and documentation. Certified Pharmaceutical GMP Professional (CPGP) a. You could earn anywhere between $39,000 USD to $120,000 USD.

article thumbnail

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.

article thumbnail

Business Analyst Jobs in the USA in 2023

Knowledge Hut

So, here is what responsibilities business analyst jobs in the USA entry-level and senior level have, Data collection Collecting data is the first step in business analysis. Though it sounds simple, data collection includes various sub-segments in it. Travel BAs make an average yearly salary of $75,611.