Month: September 2022

PATENT THICKETS. " In a patent thicket, the existence of many overlapping patent claims can cause uncertainty about freedom to operate, impose multiple layers of transaction costs and stack royalty payments beyond levels that can be supported by the value of single innovations. By blocking pathways to market and dampening investor interest in commercialization, a patent thicket has the potential to slow and skew the overall development of new technical applications."" " http://www.nature.com/nbt/journal/v25/n4/full/nbt0407-419.html View in LinkedIn

SOURCES OF BIG DATA INFOGRAPHIC. " " http://lnkd.in/duapu2X View in LinkedIn

2013 = BIG DATA INFANCY. "Gartner Survey Reveals That 64 Percent of Organizations Have Invested or Plan to Invest in Big Data in 2013, 2013 is the year of experimentation and Adoption is still at the early stages with less than eight percent deployed". The Gartner survey of 720 Members worldwide and was conducted in June 2013)." " http://lnkd.in/dcF5Rvc View in LinkedIn

RETAIL IS BIG DATA FOCUS NOW. "In Gartner's 2012 and 2013 studies, business cases that improve process efficiency and business cases around customer experience dominate big data wish lists. In the 2013 survey, 55 percent of organizations said that they are currently addressing enhanced customer experience using big data, while 49 percent are using big data to address process efficiency."" " http://lnkd.in/dcF5Rvc View in LinkedIn

BIG DATA IN GENOMICS AND MEDICINE. "Genomics produces huge volumes of data; each human genome has 20,000-25,000 genes comprised of 3 million base pairs. This amounts to 100 gigabytes of data, equivalent to 102,400 photos. Sequencing multiple human genomes would quickly add up to hundreds of petabytes of data, and the data created by analysis of gene interactions multiplies those further." More than 2000 genes are linked with over 300 common human disease traits."" " http://lnkd.in/dNMe8Bq View in LinkedIn

SCIENCE DATA MEGA-OVERLOAD. “In the last five years, more scientific data has been generated than in the entire history of mankind,” says Winston Hide, associate professor of bioinformatics at HSPH. “You can imagine what’s going to happen in the next five.” And this data isn’t simply linear; genetics and proteomics, to name just two fields of study, generate high-dimensional data, which is fundamentally different in scale."" " http://lnkd.in/dqTPkTN View in LinkedIn

BIG DATA, BIG HEALTHCARE COST SAVINGS. "According to McKinsey & Company, with the right tools, big data could be worth $9 billion to U.S. public health surveillance alone and $300 billion to American health care in general, the former by improving detection of and response to infectious disease outbreaks, and the latter largely through reductions in expenditures."" " http://lnkd.in/dqTPkTN View in LinkedIn

TOO MUCH DATA. "Our ability to generate data far outstrips our ability to analyze it. To counter these trends, some scientists are venturing into crowdsourcing. Others are developing sophisticated algorithms to parse data in a keystroke. And still more are inventing ways to share massive, disparate datasets to yield surprising insights."" " http://lnkd.in/dqTPkTN View in LinkedIn

CROWDSOURCING SUCCESS STORY. "Medic Mobile, had built an emergency response system after the Haiti earthquake, calling on 2,500 Creole speakers to translate text messages. When the system was overwhelmed..., Nesbit turned to CrowdFlower, which has signed up more than 2 million people to perform micro-tasks, often for pennies a task. The volunteers used CrowdFlower’s website to translate, map, and organize nearly 100,000 messages, imploring rescuers for food, water, and help escaping from fallen buildings."" " http://lnkd.in/dqTPkTN View in LinkedIn

"CLINICAL BINNING" of patient genomic variant data for the medical staff at UNC-Chapel Hill. "This assigns a clinical relevancy to every one of the variants, allowing clinicians and patients to determine the types of variants they care about. Once variants are binned, we have a web site that delivers the information on the individual to his or her physicians." Processing just 30 genomes a week needs 200-300 terabytes of genomic data on the computer. " " http://lnkd.in/d7mETUu View in LinkedIn