Big data and AI: How cutting-edge technology can change the healthcare industry

Google, Amazon, and IBM joined forces with Microsoft, Salesforce, and Oracle to pledge to speed up the progress of health data standards and interoperability. This historical collaboration between the biggest artificial intelligence (AI) players will lead to enormous advances in AI, which itself will lead to earlier diagnoses and better treatments at lower cost, according to GlobalData. The companies claim that this project will lead to better outcomes, higher patient satisfaction, and lower costs--a so-called'Triple Aim'. GlobalData CVMD Director Valentina Gburcik comments, "This big new alliance's pledge will have a very positive impact on healthcare as it will become easier to share medical data among hospitals. "Both physicians and patients will have easier access to information, which will lead to faster diagnosis and treatment.