Big Data and AI solutions for Drug Development

The healthcare sector, that contains a diverse array of industries with activities ranging from research to manufacturing to facilities management (pharma, medical equipment, healthcare facilities), generated in 2013 something like 153 exabytes (1 exabyte 1 billion gigabytes). It is estimated that by year 2020 the healthcare sector will generate 2,134 exabytes. To put that into perspective data centres globally will have enough space only for an estimated of 985 exabytes by 2020. Meaning that two and a half times this capacity would be required to house all the healthcare data. Big data have four V's volume, velocity (real time will be crucial for healthcare), variety and veracity (noise, abnormality, and biases). Poor data quality costs the US economy $ 3,1 trillion a year.