Healthcare

Microsoft launches AI and cloud powered healthcare solutions 

Microsoft is releasing a set of new cloud and AI services to meet the needs of doctors and healthcare professions. It had announced Healthcare NExT last year, which was an initiative to speed up the healthcare innovation using AI and cloud computing. Microsoft worked with leading players in healthcare industry to help healthcare providers, biotechnology companies, and organizations. The tech giant announced general availability of Microsoft Genomics on Azure, providing cloud-based genomic processing services to healthcare professionals. Microsoft collaborated with St. Jude Children’s Research Hospital, which treats and cures childhood cancers and other life-taking diseases. Microsoft said that Genomics is its most ambitious project which can decode the human immune system. Azure Security a...

Dell’s partnership with Meta to enable enterprises innovate and adopt augmented reality applications 

Dell has partnered with Silicon Valley based company, Meta, becoming the first reseller to deliver Meta 2 Augmented Reality (AR) Development kit to commercial customers. It will help them innovate and leverage AR technology to advance their business practices. The Meta 2 is a robust optical engine which can overlay photorealistic content and virtually employ holographic 3D content just with touch. The partnership will expand the distribution reach of AR, making it more accessible for business deployment, especially in healthcare, manufacturing and construction industries. It will address the unique needs of these industries by providing tools to create immersive experiences.   “We’re excited about this new partnership with Meta and the opportunity to further transform industries with AR,” ...

Microsoft working on brain sensing system for applications   

Microsoft now has applied to get a brain control interface patented which will enable users to launch and operate applications and web browsers just with their minds. The patent application called “Changing an application state using neurological data”, was filed in May 2016, and published last week. This brain sensing system works on the principle of electroencephalography (EEG) electrodes, which are typically used in healthcare to monitor sleep patterns and to diagnose epilepsy. However, Microsoft is exploring its potential in the commercial realm as well. The system will sense the neurological intent data from user’s mind, enable the execution of specific operation, and change the state of an application as envisioned by the user. The brain sensing system is a computer-implemented metho...

Healthcare Cloud Computing Market Revenue to reach $25.7 Billion By 2024: Esticast Research and Consulting 

A recently released report from ‘Esticast Research and Consulting’ reveals that global healthcare cloud computing market will touch $25.7 billion by 2024. In 2016, the cloud healthcare market was valued at just $4.9 billion, where infrastructure as a service (IaaS) model segment generated the highest market share. It is supposed to grow at a CAGR of 23.4% during the forecast period 2016 to 2024, as per the report “Healthcare Cloud Computing Market Estimation and forecast 2016-2024”.  Picture archiving and communication system (PACS), the digital imaging communication tool, has transformed how cloud computing works in healthcare. It accounted for 3/7th of the market share in 2016, and is predicted to grow at a CAGR of 29.8%. “Cheap and easy to use technology is continuing to push the envelo...

Emotion AI to read emotional state of mobile device users by 2022 

AI is treading further, it won’t be limited to being an assistant through Apple Siri, Microsoft Cortana and Google Assistant. It will soon become a best friend to mobile device users with emotion artificial intelligence.  As per the research firm Gartner, by 2022, the personal devices like mobile phones and wearables, will know more about the emotional state of an individual than his/her own family.   Although we already have the emotion AI technology implemented in virtual personal assistants (VPAs), the step forward will add value to more customer experiences. The emotion AI systems will be able to detect the emotions in verbal and facial expressions of the users.   It will be used in various educational software, video games, autonomous cars, diagnostic software, athletic and health per...

Artificial intelligence market will touch $43.2 billion by 2024: Variant Market Research 

Artificial Intelligence (AI) is growing at a breakneck speed. Its applications are being increasingly used across various industries including healthcare, media and advertising, retail, and automotive. Researchers from ‘Variant Market Research’ recently predicted the future of artificial intelligence, and reported that it might reach $43.2 billion by 2024; exhibiting a CAGR of 59.8% during 2016-2024.  The key factors behind the growth in global AI market are the increased need for aerial vehicles, autonomous cars, civil aviation for vehicle tracking, etc. The researchers also pointed to the rapid adoption of intelligent tutoring systems (ITS) in learning process, for enhancing the demand of AI. ITS is a system that provides instructions and feedback to learners, without the need of any hum...

Accenture joins ‘Partnership on AI’ to benefit people and society with artificial intelligence

Accenture, on Monday announced that it has joined hands with PAI (Partnership on AI), the alliance of businesses, researchers, academics and policy makers that work to advance the understanding of artificial intelligence (AI) technology, to address few of the important global challenges like health, education, food, and economic opportunity. Accenture will share its insights, research and capabilities in Responsible AI, a practical approach to benefit human life using AI, and join other prominent industry leaders who also contribute to AI field for benefits of the society. “We are thrilled to join the Partnership on AI. We believe businesses, governments and academia have a critical role in co-innovating and applying AI to invent new educational, workforce and business models that are both...

IBM investing $240 million in MIT-IBM Watson AI Lab

IBM is planning to make a 10-year, $240 million investment in artificial intelligence through the MIT-IBM Watson AI Lab it’s creating in partnership with MIT. The aim of this lab will be to unlock the potential of artificial intelligence for the industries, such as health care and cybersecurity, and explore the economic and ethical implications of AI on society. MIT-IBM Watson AI Lab is one of the largest long-term university-industry AI collaborations, mobilizing the talent of more than 100 AI scientists, professors, and students to pursue joint research at this lab in Cambridge, Massachusetts. This collaboration will bring together leading computer, brain, and cognitive scientists to tackle some of AI’s greatest challenges. The focus of the scientists and engineers of this lab will be on...

Wearable Technology – Myriad Aspects You Need To Know

At one point of time wearable simply meant something that can be worn but the term has changed its definition in the recent years. In the present era, wearable is any functioning digital technology that can be worn over the body. It could be a belt that can monitor the flow of your blood or a bracelet that monitors and collects your pulse rate. In many cases, the wearables are used for monitoring and managing the health. Once a privilege of rich people the wearables are now making fast inroads to reach the lower middle class too. There are several benefits offered by wearables, like: Data driven healthcare There is a close relation between healthcare and data. The timely availability of vital data like pulse rate, BP and heartbeat can reveal some vital information about one’s health....

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