Data and Analytics: Report Card and Future Direction
The good news is that there is tremendous potential for business disruption by building a competence in data and analytics. The bad news is that almost everybody sees the same thing and everybody is trying to do it. Even worse, data availability and technology changes are making it possible for new entrants to leapfrog the traditional barriers to entry. The one thing nobody else has is your data and the ability to combine that with internal data to delivery better services, better experiences, better patient outcomes etc. Start with your strategy. Make sure that you have a distinct competence in data management.