Yet, it’s easier to drown in such turbulent data volumes than it is to swim. Various estimates over the past decade have projected that 80% of healthcare data are unstructured. “There’s a huge amount of information that’s not standardized,” said Jane Reed, director of life sciences with Linguamatics, an IQVIA company.…
How AI-based technologies improve clinical trial design, site selection and competitive intelligence
In the past, uncovering actionable insights from this unstructured text meant that documents such as clinical trial reports had to be searched and read individually, a process that can be time-consuming and subject to human error. It is estimated that 80% of clinical data is unstructured and difficult to analyze.
To overcome these limitations, life sciences companies are using natural language processing (NLP), an artificial intelligence-based technology that extracts and synthesizes high-value information hidden in unstructured text. NLP-based text mining solutions can an…