Editor’s note: To hear more about the power of computing in analytics, listen to a free podcast here. Google Analytics, Microsoft Azure, Amazon’s Elastic Map and Reduce – these systems now enable entities to act very nimbly to do research and to run analytics on data without a lot of overhead. Right now it’s less expensive to use a thousand computers in a single day then to run one computer for a thousand days. And this model is starting to shift many paradigms, especially in research. Essentially, it’s infinite capacity. This type of computing power underscores a dramatic breakthrough in different algorithms. There are a multitude of calculations that you can solve related to predictive models. Can we, for example, perform a thousand analyses in one day for a patient rather than have that patient come in for an annual […]
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