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The business value of NLP: 5 success stories

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Data is now one of the most valuable enterprise commodities. According to CIO.com's State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year, and 58% say their involvement with data analysis will increase over the next year. While data comes in many forms, perhaps the largest pool of untapped data consists of text. Patents, product specifications, academic publications, market research, news, not to mention social feeds, all have text as a primary component and the volume of text is constantly growing. According to Foundry's Data and Analytics Study 2022, 36% of IT leaders consider managing this unstructured data to be one of their biggest challenges.


Healthcare 2030 Live – Reimagining HealthCare through the Pandemic Lens

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Gagan is a leader with 20 years of experience in Healthcare across Providers, Insurers, Pharma, Med Devices, and Digital Health. He thrives in growth focused Healthcare businesses that sit at intersection of healthcare and technology trends reshaping the industry. His is the Co-Founder and CEO of Exacta.Health, a digital health analytics company focused on enabling Providers, ACOs and Payers to predict and manage high risk patients with high quality, cost-effective care. Exacta is building a proprietary, patent protected intelligent health stack that unifies health data across multiple health facilities and patient generated sources, and uses AI, machine learning, cloud edge computing paradigms to provide predictive analytics and critical insights into patient, population level health. This helps healthcare entities provide right interventions at right setting of care to balance cost, quality and profitability.


Transforming The Insurance Industry With Big Data, Machine Learning And AI

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The business of ensuring protection from financial loss and mitigating risk is as old as human civilization. The Code of Hammurabi, King of Babylon, written in 1750-1755 B.C., specified the first provisions of what we would now know as marine insurance. In the wake of the Great Fire of London of 1666, Sir Christopher Wrenn included provisions for an "Insurance Office" in his new plan for the City of London. Today, the global insurance market is estimated to be a $5,050.31 billion industry, comprised of leading commercial life insurance, property and casualty, and health and medical insurance carriers. It is against this backdrop that an emerging wave of "Insurtech" solutions companies are seeking to transform the business of insurance through the introduction of Big Data, Machine Learning, and AI capabilities.


Global Big Data Conference

#artificialintelligence

The business of ensuring protection from financial loss and mitigating risk is as old as human civilization. The Code of Hammurabi, King of Babylon, written in 1750-1755 B.C., specified the first provisions of what we would now know as marine insurance. In the wake of the Great Fire of London of 1666, Sir Christopher Wrenn included provisions for an "Insurance Office" in his new plan for the City of London. Today, the global insurance market is estimated to be a $5,050.31 billion industry, comprised of leading commercial life insurance, property and casualty, and health and medical insurance carriers. It is against this backdrop that an emerging wave of "Insurtech" solutions companies are seeking to transform the business of insurance through the introduction of Big Data, Machine Learning, and AI capabilities.


Transforming The Insurance Industry With Big Data, Machine Learning, And AI

#artificialintelligence

The business of ensuring protection from financial loss and mitigating risk is as old as human civilization. The Code of Hammurabi, King of Babylon, written in 1750-1755 B.C., specified the first provisions of what we would now know as marine insurance. In the wake of the Great Fire of London of 1666, Sir Christopher Wrenn included provisions for an "Insurance Office" in his new plan for the City of London. Today, the global insurance market is estimated to be a $5,050.31 billion industry, comprised of leading commercial life insurance, property and casualty, and health and medical insurance carriers. It is against this backdrop that an emerging wave of "Insurtech" solutions companies are seeking to transform the business of insurance through the introduction of Big Data, Machine Learning, and AI capabilities.


Maximize The Promise And Minimize The Perils Of Artificial Intelligence (AI)

#artificialintelligence

How businesses can use artificial intelligence (AI) to their advantage, perhaps even in a ... [ ] transformative way, without turning the pursuit of AI advantage into a quixotic quest Frankly, I was hoping an artificial intelligence (AI) algorithm would write this column for me, because who knows more about AI than the mysterious little gremlins that make "machine learning" possible? That, alas, didn't happen; so I'm on my own. Like most people in business, I don't need any convincing that artificial intelligence (for most companies in many areas of their operations) will become a game-changer. Still, it remains a fluid, if not amorphous, concept in many respects. What, exactly, can we expect AI to do for us that we're not already doing--or how will it improve what we're doing by doing it better, faster, cheaper, with greater insight or fewer errors?


This Health Insurance Giant Wants to Pay for Your Apple Watch

TIME - Tech

In a partnership with Apple, health insurance company Aetna announced Tuesday a new app and wellness program that will track and offer personalized health recommendations to its customers, and grant them the option to redeem points for gift cards or toward payments for an Apple Watch by meeting activity goals and other health-related challenges. In short, you can expect a free Apple Watch as long as you're taking care of yourself. To participate in Aetna's program, which kicks off later this spring, users will need either an iPhone 5S or newer, or an Apple Watch Series 1 or newer. The announced Attain app -- which resembles Apple's in-house apps -- will provide personalized activity goals based on your age, sex, and weight, and challenge you to engage in activities like getting more sleep. It turns your activity and challenges into points, which can be redeemed for items like gift cards should you not want to put them toward the payment of your Apple Watch.


How health-care companies are using AI to beat hackers

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In 2017, the world witnessed a cyberattack of hideous proportions. The WannaCry ransomware attack infected hundreds of thousands of computers in more than 150 countries, throwing a wrench in the digital gears of many businesses and bringing several industries to their knees with malicious software designed to block access to files until a "ransom" was paid. One industry that was hit particularly hard was health care, including organizations such as the National Health Service (NHS) in the U.K. and Merck in the U.S. One study found that last year, 78 percent of health-care providers reported a ransomware or malware attack. And perhaps we shouldn't be surprised: Patient records are filled with valuable and private information, and ineffective cybersecurity measures make it far too easy to hold those records hostage. Health care is an easy target for malware.


Digital health trends and predictions for 2018, part 1

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In 2018, both social and technological trends will drive the transformation of healthcare. MobiHealthNews spoke to a range of stakeholders in the field to ask what they saw coming down the tracks. And watch this space next week for part two, including predictions about telemedicine, the FDA, and remote patient monitoring. News that CVS-Caremark and Aetna were considering a merger took many by surprise. But experts on health, health tech, and health policy say the move made a lot of sense -- and looking ahead we may well see more like it.


Aetna replacing security passwords with machine learning tools

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Aetna has launched a new security system for its consumer mobile and web apps that, in something of a twist, makes passwords optional. Instead of a password or fingerprint being the only barrier to entry, Aetna's new behavior-based security system monitors user devices and how and where a consumer uses that machine. Consumers can add biometric protection available on their devices. "Passwords are a mainstay of conventional online authentication and are considered to be a binary control - if a consumer has the user ID and password, they are enabled to use the application," said Jim Routh, chief security officer at Aetna. "Binary authentication controls work well when the assumption is that only the consumer has the password and remembers it. That assumption, however, is no longer valid."