July 27, 2017
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Every year, Americans spend more than $3 trillion on healthcare, a figure that is projected to rise to $5 trillion in the next decade. With healthcare spending approaching 20% of the U.S. GDP, a huge effort is underway to control costs. Not surprisingly, many believe that technology has a key role to play in increasing efficiency and reducing unnecessary expenditures, and significant investments in technology are creating opportunities for healthcare technology businesses.
Amazon has announced the general availability of AWS Lake Formation. Lake Formation is a managed service that eases developers' ability to build, secure, and manage data lakes. Amazon achieves its goal through automation of functions such as collecting, cleaning, cataloging and securing data.