Artificial Intelligence or AI has become one of the mainstay technologies of the healthcare industry. AI refers to the use of automated algorithms to perform tasks which conventionally count on human intelligence. The use of AI has not been so extensively accepted in the pharma industry. However, its rapid rate of development suggests that it will surely establish in the near future. AI has the potential to benefit the healthcare sector to a great magnitude and very much of it is quite apparent in the existing set-up.

The pharmaceutical regulatory environment is becoming more challenging, and drugs must go through extensive testing before they hit the market. As a result, there are major incentives for drug companies to reduce R&D spending in order to free up funds for additional ventures and offer lower prices for their products. By adopting sophisticated data science, and machine learning, pharmaceutical researchers can save money and time on R&D. On top of that, machine learning technology provides new ways for drug companies to streamline nearly every other aspect of their businesses. To outline how machine learning can be best applied, data science software company, Dataiku, has recently released a whitepaper titled "How Machine Learning is Transforming Pharmaceuticals".

In our previous post of this blog post series about knowledge graphs and AI in the pharmaceutical and healthcare industry, you got an overview of the challenges knowledge-intensive organizations face to be able to support data-driven innovation and improve healthcare outcome. In this blog post, you will learn by the hand of a use case about how connecting your siloed departmental data with external authoritative resources will leverage the value of your content assets. Visit us at PhUSE EU Connect 2018, where we will introduce the innovative approach of PoolParty Semantic Suite to make the most out of your data with semantic data integration. Stay tuned for upcoming blog posts that will help you understand how knowledge graphs and AI can leverage your organization. Our partner Findwise, global experts in search-driven solutions for the pharmaceutical and healthcare industry, are bringing all their expertise in information management and knowledge engineering into this blog post series. A smart semantic information engine will connect a variety of information systems relevant within the pharmaceutical and healthcare industry.