The healthcare industry is transforming and it is happening at a fast pace. With the advent of artificial intelligence (AI) and various other technologies, the healthcare sector is gradually modernizing. While accessibility was an issue a couple of years back, advanced healthcare has now reached to several remote locations, thanks to the entry of remote monitoring technologies and artificial intelligence in the industry.
To capitalize on the available opportunities several companies are looking to expand investment in the healthcare sector. For instance, IBM Watson Health is planning to invest a couple of million dollars in research collaboration with academic institutions. Currently they are focusing on collaborating with two as a part of their ten years plan to develop technologies impelling the use of artificial intelligence in the healthcare sector.
As per reports, IBM business unit will work with Vanderbilt University Medical Centre, located in Nashville, Tennessee and Brigham and Women’s Hospital of Harvard Medical School in Boston, Massachusetts.
In one of his interviews, Kyu Rhee, M.D., M.P.P., chief health officer, and vice president at IBM Watson Health has said that the collaboration is intended to demonstrate the company’s belief in working with leading institutions to advance best solutions that solve the biggest health challenges that the world is currently facing.
The company has further revealed that that at the start their projects will focus on exploring the practical applications of artificial intelligence to improve patient care. There will be focus on improving the overall team workflow and helping them to better understand, human-machine interfaces.
Mary Lopez holds a Graduate degree as well as a Post Graduate degree from the University of Pennsylvania. She is a Tech Enthusiast as well as writes content related to new possibilities and discoveries in the Technology sector. She possesses various skills like- Operations-defined strategy, software-defined strategy, manufacturing, supply chain management, software services, business, and social optimization via technology, entrepreneurship. She loves to write about latest trends in science and technology.
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