3 Ways Big Data and Artificial Intelligence Revolutionize Drug Discovery

The Internet media is trending now with numerous mentions of "big data", "machine learning" and "artificial intelligence" all together destined to revolutionize pharmaceutical and biotech industries and the way drugs are discovered. These new technologies are believed to make drug discovery cheaper, faster, and more productive. First, let's review briefly some of the basic concepts in the heart of new technologies. The term "big data" by itself is more of a marketing nature. It describes an abstract concept of having large volumes of data obtained from various channels in multiple formats, which needs to be arranged in such a way, that it can be possible to quickly access, search, update, and analyze it to output useful information.