No doubt, the healthcare industry needs humans to provide empathetic care that the patients need. It seems rather unsettling at first to think about chatbots and conversational AI in healthcare. But we do come across multitudes of benefits (if and when) we look closer. According to Juniper Research, chatbots will facilitate annual savings of $3.6 Bn by 2022, globally. Furthermore, Zion Market Research predicts that the market is currently valued at $ 123 Bn.
This ebook, based on the latest ZDNet / TechRepublic special feature, looks at how the industry cloud has taken off and big businesses have been built by the likes of Veeva, Rootstock and others. Healthcare delivery organizations are still worried about security, but not so much that hospital CIOs and CTOs are avoiding cloud technology. In a recent research report on cloud services in the healthcare sector, Gartner analyst Gregg Pessin reports that, "Healthcare CIOs are becoming more comfortable with the public cloud as an option than in the past, and have begun to adopt cloud-based solutions where the benefits are clear and the risks are acceptable." The idea of the cloud as an extension of internal infrastructure has helped healthcare CIOs understand the best uses of cloud technology and increased adoption rates in the sector. The healthcare sector is under tremendous pressure to operate in real time and to provide easy access to data in multiple locations.
At its virtual Build conference today, Microsoft announced it is launching industry-specific cloud offerings, starting with one designed for healthcare. Microsoft Cloud for Healthcare is now available in a public preview and as a free six-month trial. In general, the Industry Clouds are sets of tools that bring together Microsoft's existing services like chatbots, Teams and Azure IoT. The company also promised that a "robust partner ecosystem" will be available to make the platform more useful. Think of Microsoft Industry Clouds as something like Google's G Suite for businesses, except with access to far more Microsoft tools and catering specifically to designated industries.
Announced at Build 2020 in May, the Microsoft Cloud for Healthcare is generally available today, October 28. The cloud computing race in 2020 will have a definite multi-cloud spin. Here's a look at how the cloud leaders stack up, the hybrid market, and the SaaS players that run your company as well as their latest strategic moves. Microsoft officials said the Microsoft Cloud for Healthcare "makes it faster and easier to provide more efficient care and helps customers support end-to-end security, compliance, and interoperability of health data." The offering works with both structured and unstructured data and provides customers with options for everything from AI health bots to conducting virtual visits.
By 2021, the growth of artificial intelligence will have reached $6.6 billion in the US. Global estimates are being forecast at a massive $19.3 billion by the year 2025. This is attributed to the fact that AI is solving a wide range challenges for patients, care providers, and the healthcare industry overall. Yet, the prospects and full benefits of AI has not been fully utilized. There are many reasons why health providers should embrace AI.