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The future of health lies in unlocking the power of data to deliver a personalized experience and improved outcomes: EY report

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National, 24 February 2022: The pandemic has demonstrated that health care organizations can become more resilient, agile and innovative if they shift to digitally enabled business models with data at the core, according to an EY report, "Getting future ready", released at BioAsia 2022 - Asia's largest Life-sciences and Health-Tech convention. The report highlights how healthcare organizations need to create the right data environment to support a more human-centered approach. Hitesh Sharma, National Tax Leader -Life Sciences, EY India said, "Healthcare delivery is moving outside the four walls of the traditional health system. Health care providers who take the lead in engaging with users across the health care value chain will be best placed to integrate the physical and the virtual world. Healthcare delivery in India, predominantly recognised for sick care delivery, will have to innovate in the coming decade to build next-gen capabilities, and unlock the power of data to enhance the overall healthcare experience."


Impact of AI on Cybersecurity of E&Y

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As network protection turns out to be significantly more essential amid COVID-19 pandemic, man-made brainpower and AI sponsored arrangements are helping a few insurance agencies tackle these dangers, an EY report said. In an ongoing case, EY had helped an insurance agency tackle the network protection danger, and we could repeat this throughout the business. An Indian insurance agency was hoping to expand its inner security to ensure its information, frameworks, and foundation from potential network protection dangers. The organization verified that it required a 24 7 security log checking framework that could work 365 days every year alongside the capacity to direct investigation, danger profiling, connection and alarming, EY report said. The organization is presently ready to forestall dynamic dangers, yet additionally lead examination on expected weaknesses.


Artificial Intelligence and Machine Learning helping insurance companies with cybersecurity: EY

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As cyber security becomes even more crucial amidst Covid19 pandemic, artificial intelligence and machine learning backed solutions are helping several insurance companies tackle these threats, an EY report said. In a recent case, EY had helped an insurance company tackle the cybersecurity threat and this could be replicated throughout the industry. An Indian insurance company was looking to augment its internal security to protect its data, systems, and infrastructure from potential cyber security threats. In addition, the company determined that it needed a 24 7 security log monitoring system that could operate 365 days a year along with the capability to conduct analytics, threat profiling, correlation and alerting, EY report said. The company is now not only able to prevent active threats, but also conduct analysis on potential vulnerabilities.


Artificial Intelligence and Machine Learning helping insurance companies with cybersecurity: EY

#artificialintelligence

As cyber security becomes even more crucial amidst Covid19 pandemic, artificial intelligence and machine learning backed solutions are helping several insurance companies tackle these threats, an EY report said. In a recent case, EY had helped an insurance company tackle the cybersecurity threat and this could be replicated throughout the industry. An Indian insurance company was looking to augment its internal security to protect its data, systems, and infrastructure from potential cyber security threats. In addition, the company determined that it needed a 24 7 security log monitoring system that could operate 365 days a year along with the capability to conduct analytics, threat profiling, correlation and alerting, EY report said. The company is now not only able to prevent active threats, but also conduct analysis on potential vulnerabilities.


EY Reports on Alternative Investments and Artificial Intelligence

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A charitable assessment might have called it an experiment, really; an experiment to find out if the headwinds on the hardware and infrastructure services side of the house could be mitigated to some meaningful extent by perceived tailwinds on the software side of the house. A less charitable assessment might have called it a gamble... [...]


Global Bigdata Conference

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The relentless drive to digital transformation among tech and non-tech companies pushed mergers and acquisitions to record levels over the past year, the latest analysis finds. Now, artificial intelligence and machine learning loom as the next wave of hot targets for companies seeking new market leverage. EY, which tracks M&A activity quarter-by-quarter and year-by-year, puts aggregate 2016 deal value at $466.6 billion, exceeding 2015 levels by two percent -- and establishing the highest level ever recorded. However, the actual volume of M&A deals has colled somewhat, to 3,076 deals, a five-percent decline. At the core of this deal-making frenzy is interest in the Internet of Things (IoT), in which deal value tripled to $103.4 billion through 2016.


Artificial Intelligence, IoT Will Fuel Technology Deal-Making In Year Ahead

Forbes - Tech

The relentless drive to digital transformation among tech and non-tech companies pushed mergers and acquisitions to record levels over the past year, the latest analysis finds. Now, artificial intelligence and machine learning loom as the next wave of hot targets for companies seeking new market leverage. EY, which tracks M&A activity quarter-by-quarter and year-by-year, puts aggregate 2016 deal value at $466.6 billion, exceeding 2015 levels by two percent -- and establishing the highest level ever recorded. However, the actual volume of M&A deals has colled somewhat, to 3,076 deals, a five-percent decline. At the core of this deal-making frenzy is interest in the Internet of Things (IoT), in which deal value tripled to $103.4 billion through 2016.