IT and DevOps Archives - AiThority https://aithority.com/category/it-and-devops/ Artificial Intelligence | News | Insights | AiThority Tue, 13 Aug 2024 15:24:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://aithority.com/wp-content/uploads/2023/09/cropped-0-2951_aithority-logo-hd-png-download-removebg-preview-32x32.png IT and DevOps Archives - AiThority https://aithority.com/category/it-and-devops/ 32 32 GroupBy Launches Enrich AI: Revolutionizing Product Data Attribution with Advanced AI and Proprietary Global Taxonomy https://aithority.com/machine-learning/groupby-launches-enrich-ai-revolutionizing-product-data-attribution-with-advanced-ai-and-proprietary-global-taxonomy/ Tue, 13 Aug 2024 15:11:19 +0000 https://aithority.com/?p=575197 GroupBy Launches Enrich AI: Revolutionizing Product Data Attribution with Advanced AI and Proprietary Global Taxonomy

GroupBy Inc., a leading provider of AI-first Search and Product Discovery solutions for B2C and B2B retail, today unveiled Enrich AI, a cutting-edge product data enrichment platform designed to revolutionize product information management. Leveraging sophisticated generative AI algorithms and GroupBy’s years of deep retail expertise, Enrich AI empowers retailers to create rich shopping experiences with […]

The post GroupBy Launches Enrich AI: Revolutionizing Product Data Attribution with Advanced AI and Proprietary Global Taxonomy appeared first on AiThority.

]]>
GroupBy Launches Enrich AI: Revolutionizing Product Data Attribution with Advanced AI and Proprietary Global Taxonomy


GroupBy Inc., a leading provider of AI-first Search and Product Discovery solutions for B2C and B2B retail, today unveiled Enrich AI, a cutting-edge product data enrichment platform designed to revolutionize product information management. Leveraging sophisticated generative AI algorithms and GroupBy’s years of deep retail expertise, Enrich AI empowers retailers to create rich shopping experiences with enhanced product data – driving substantial revenue growth. “Enrich AI represents a quantum leap in data enrichment and product data management,” stated Roland Gossage, CEO at GroupBy. “By seamlessly integrating advanced AI with our deep domain expertise in retail, we are delivering a solution that addresses the critical challenges retailers face in managing and optimizing their product data. This sophisticated self-serve platform enables B2C and B2B retailers to achieve unprecedented levels of data accuracy, consistency, and completeness, ultimately optimizing search relevance, merchandising effectiveness, and overall business performance.”

Also Read: AiThority Interview with Kunal Purohit, President – Next Gen Services, Tech Mahindra

“Enrich AI represents a quantum leap in data enrichment and product data management”

Enrich AI harnesses the power of AI to revolutionize product data management. By automating complex data enrichment tasks, Enrich AI accurately extracts, standardizes, and enriches product data based on attributes, descriptions, and images at scale. This streamlined process minimizes costly errors, accelerates time-to-market, and frees up valuable resources for strategic initiatives, while making it easier for retailers to manage their catalogs.

Moreover, Enrich AI leverages GroupBy’s extensive proprietary Global Taxonomy Library to ensure consistent and accurate product categorization. By applying a robust, industry-specific taxonomy, developed by GroupBy’s breadth and years of experience working with various retail verticals, retailers can enhance product discoverability, improve search relevance, and optimize merchandising efforts. This granular level of product classification empowers retailers to deliver highly targeted attributes and values for product recommendations and personalized shopping experiences.

To further enhance data reliability and integrity, Enrich AI employs advanced algorithms to detect and correct errors, inconsistencies, and missing information within product data. By improving data quality, retailers can reduce costly returns, enhance customer satisfaction, and build trust in their brand.

Ultimately, by optimizing product discoverability and driving business growth, Enrich AI enables retailers to improve the quality of their data, personalize customer experiences, and increase customer satisfaction. With enriched product data, retailers can unlock new revenue streams, gain a competitive advantage, and thrive in today’s dynamic retail landscape.

Also Read: AiThority Interview with Seema Verma, EVP and GM, Oracle Health and Life Sciences

Key technical features of Enrich AI include:

  • Advanced AI Algorithms: Utilize state-of-the-art generative AI models for accurate and efficient data enrichment.
  • Product Attribute Intelligence: Fast and efficient attribute enrichment from product image and text data in a single step.
  • Deep Retail Expertise: Built on a foundation of industry knowledge and best practices across retail verticals.
  • Taxonomy Enrichment: Manage taxonomies tailored to specific product categories based on business needs.
  • Product Catalog Management: Automated management of catalogs to maintain enrichment for products that churn.
  • Robust PIM/PXM Integration: Seamlessly integrate with existing product information management systems.
  • Quality Assurance: Automated data quality checks ensure data accuracy and consistency through continuous monitoring and validation.
  • Product Transformations: Involve humans in the loop to quickly curate and edit product values across the catalog.
  • User-Friendly Interface: Empower users with intuitive tools for easy data management and enrichment.
  • Simplified Integration: Seamlessly access Enrich AI functionality directly from the GroupBy Command Center, eliminating the need for manual data injection and streamlining the enrichment process.
  • Expert support: Access professional services for seamless catalog implementation and data enrichment aligned with the proprietary Global Taxonomy Library.

By combining AI-powered precision with GroupBy’s deep retail expertise, Enrich AI delivers unparalleled product data enrichment capabilities. Retailers can now unlock the full potential of their product data, gain a competitive edge, and drive long-term business success.

Also Read: AiThority Interview with Yair Amsterdam, CEO of Verbit 

[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]

The post GroupBy Launches Enrich AI: Revolutionizing Product Data Attribution with Advanced AI and Proprietary Global Taxonomy appeared first on AiThority.

]]>
Foundry Launches New Platform to Boost AI Compute Access and Efficiency for Developers https://aithority.com/machine-learning/foundry-launches-new-platform-to-boost-ai-compute-access-and-efficiency-for-developers/ Tue, 13 Aug 2024 15:08:02 +0000 https://aithority.com/?p=575196 Foundry Launches New Platform to Boost AI Compute Access and Efficiency for Developers

Foundry Cloud Platform democratizes AI development and solves the GPU shortage with the first real-time compute market purpose-built for AI  Foundry—an emerging cloud provider founded by alumni from Google DeepMind’s core Deep Learning team–launched Foundry Cloud Platform, a real-time market and orchestration engine for GPU compute that simplifies access to the infrastructure required to build and […]

The post Foundry Launches New Platform to Boost AI Compute Access and Efficiency for Developers appeared first on AiThority.

]]>
Foundry Launches New Platform to Boost AI Compute Access and Efficiency for Developers

Foundry Technologies

Foundry Cloud Platform democratizes AI development and solves the GPU shortage with the first real-time compute market purpose-built for AI 

Foundry—an emerging cloud provider founded by alumni from Google DeepMind’s core Deep Learning team–launched Foundry Cloud Platform, a real-time market and orchestration engine for GPU compute that simplifies access to the infrastructure required to build and deploy AI. Foundry’s platform reduces operational complexity and improves compute cost efficiency by up to 6x, putting AI development within reach of more organizations and accelerating global AI innovation.

Also Read: AiThority Interview with Seema Verma, EVP and GM, Oracle Health and Life Sciences

The AI boom has made GPU servers one of the world’s most strategic commodities. Surging demand has outpaced the capacity of traditional public clouds, prompting tech giants and AI startups alike to spend billions to independently secure essential hardware for AI development. Industry-standard long-term contracts and unreliable infrastructure fuel overprovisioning to guarantee capacity and redundancy, further reducing broader access. This arms race for GPU compute ownership has masked a critical issue and opportunity: existing GPUs are vastly underutilized due to the unique compute requirements of AI development.

“The GPU compute market as it exists today is one of the most inefficient commodity markets in history, and it’s directly limiting critical AI innovations that will benefit society,” explains Jared Quincy Davis, founder and CEO of Foundry. “The majority of AI research and development teams struggle to access affordable and reliable compute for their workloads, while exceptionally well-funded organizations are forced to purchase long-term GPU reservations that they rarely utilize to maximum capacity. Foundry Cloud Platform addresses this market failure by aggregating and redistributing idle compute capacity to enable faster breakthroughs while improving return on GPU investments.”

Foundry Cloud Platform offers AI teams of every scale a more efficient and approachable way to access GPU compute, optimizing performance, cost efficiency, and reliability.

Foundry Cloud Platform aggregates compute into a single, dynamically-priced pool that offers GPU capacity in two ways, optimized for the specific and unique needs of different AI workloads:

  • Resellable reserved instances. AI teams have self-serve access to reserve short-term capacity from Foundry’s pool of GPU virtual machines. Rather than pay for fixed, long-term contracts, customers can guarantee compute for predictable workloads by reserving interconnected clusters from the pool for as little as three hours. Customers can further increase cost-efficiency by reselling any idle capacity from their reservations. For example, if a customer reserves 128 NVIDIA H100s and sets aside 16 as “healing buffer” nodes, they can temporarily relist those 16 nodes on the market, where they generate credits until the customer recalls them or the initial reservation period ends. Reserved usage is optimal for pre-planned workloads like training runs and critical day-to-day developer tasks like verification and debugging.
  • Spot instances. All unreserved and relisted compute on the platform is available as spot instances that users can bid on for interrupt-tolerant workloads like model inference, hyperparameter tuning, and fine-tuning.

Foundry Cloud Platform uses auction theory to set market-driven prices for reserved and spot compute based on real-time supply and demand. Whenever prices become too high, Foundry increases the overall GPU capacity of the platform, stabilizing the market.

The platform also offers Kubernetes workload orchestration, which eliminates manual scheduling by programmatically adding reserved and spot instances to a managed Kubernetes cluster. Leveraging Kubernetes clusters through Foundry Cloud Platform allows AI development teams to optimize price-performance and minimize inference latency during traffic spikes by quickly scaling capacity horizontally.

Infinite Monkey, an AI startup developing architectures for AGI, uses Foundry Cloud Platform to access a variety of state-of-the-art GPUs without overprovisioning. “With Foundry Cloud Platform, we made  actionable discoveries in hours, not weeks,” says Matt Wheeler, Research Engineer at Infinite Monkey. “When we believe we could benefit from additional compute, we just turn it on. When we need to pause to study our results and design the next experiment, we turn it off. Because we aren’t locked into a long-term contract, we have the flexibility to experiment with a variety of GPUs and empirically determine how to get the b*********-performance for our workload.”

Also Read: AiThority Interview with Kunal Purohit, President – Next Gen Services, Tech Mahindra

“Foundry Cloud Platform has accelerated science at Arc,” notes Patrick Hsu, Co-Founder and Core Investigator at Arc Institute –  a nonprofit research organization studying complex diseases, including cancer, neurodegeneration, and immune dysfunction. “Our machine learning work brings demanding performance infrastructure needs, and Foundry delivers. With Foundry, we can guarantee that our researchers have exactly the compute they need, when they need it, without procurement friction.”

Foundry is building its platform to meet the highest standards for security and compliance to ensure maximum protection for customer data, achieving SOC 2 Type II certification earlier this year.

Also Read: AiThority Interview with Yair Amsterdam, CEO of Verbit 

[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]

The post Foundry Launches New Platform to Boost AI Compute Access and Efficiency for Developers appeared first on AiThority.

]]>
deepset Launches Studio for LLM App Development with Cloud and NVIDIA AI Integrations https://aithority.com/machine-learning/deepset-launches-studio-for-llm-app-development-with-cloud-and-nvidia-ai-integrations/ Tue, 13 Aug 2024 10:03:48 +0000 https://aithority.com/?p=575119 deepset Launches Studio for LLM App Development with Cloud and NVIDIA AI Integrations.

deepset Studio empowers AI developers to design and visualize custom AI pipelines for deployment in mission-critical business applications deepset, the mission-critical AI company, today announced an expansion of its offerings with deepset Studio, an interactive tool that empowers product, engineering and data teams to visually architect custom AI pipelines that power agentic and advanced RAG […]

The post deepset Launches Studio for LLM App Development with Cloud and NVIDIA AI Integrations appeared first on AiThority.

]]>
deepset Launches Studio for LLM App Development with Cloud and NVIDIA AI Integrations.

deepset Studio empowers AI developers to design and visualize custom AI pipelines for deployment in mission-critical business applications

deepset, the mission-critical AI company, today announced an expansion of its offerings with deepset Studio, an interactive tool that empowers product, engineering and data teams to visually architect custom AI pipelines that power agentic and advanced RAG applications. AI teams are now able to more easily build top-tier composable AI systems, and immediately deploy them in cloud and on-premises environments using deepset Cloud and NVIDIA AI Enterprise software.

“Enterprises across industries are seeking ways to effectively integrate AI into their core operations while maintaining security and scalability”

“deepset is a leader in enabling custom AI development – powering many of the world’s most trusted, high-value use cases,” said Milos Rusic, CEO and co-founder of deepset. “The addition of deepset Studio now enables developers at the thousands of companies worldwide to architect the next generation of custom LLM applications. This new tool, combined with native integrations to NVIDIA AI Enterprise, provides a robust platform for enterprise developers to safely and reliably develop mission-critical generative AI products and features.”

Pushing the boundaries of customized AI-driven business applications

deepset Studio is a drag-and-drop visual environment for building customized AI pipelines. Its intuitive interface accelerates the AI development process with a user-friendly drag-and-drop UX for AI teams to architect a wide range of LLM use cases, from RAG to agentic applications. Key benefits of deepset Studio include the ability to:

  • Design AI pipelines with a drag-and-drop visual editor that automatically validates component relationships and pipeline structure.
  • Leverage Haystack’s comprehensive library of integrations and components to create flexible and composable application architectures like RAG and agents.
  • Jumpstart the development process with proven pipeline templates, component configurations, and shareable visual representations of simple to complex AI systems.
  • Go to production faster with native cloud and on-premises deployment options for deepset Cloud and NVIDIA AI Enterprise.

Extending the power of Haystack, deepset Cloud and NVIDIA

deepset Studio is available as a free standalone tool for users of the popular Haystack open-source framework and is built into the deepset Cloud platform and integrated with NVIDIA AI Enterprise for cloud or on-premises deployments of production AI. With this,

  • Haystack users can build and visualize AI pipelines for “cloud-to-ground” environments, speeding development time and simplifying collaboration. Haystack is the leading open-source AI framework for developing production-ready applications and is the choice for thousands of developers due to its quality codebase, flexible framework, and wide library of components and integrations.
  • deepset Cloud customers gain a powerful and intuitive visual editor as a platform feature to facilitate the creation of AI pipelines in the platform. deepset Cloud provides a complete set of development tools – from data management and LLM choice to prompt configuration and evaluation – empowering AI teams at companies such as Airbus and YPulse to develop and deploy enterprise-grade applications within a secure and scalable environment.
  • NVIDIA AI Enterprise users can optimize their deployments through deepset Studio’s integration with NVIDIA NIM microservices and the NVIDIA API catalog. Users can configure NIM microservices deployments and LLM inference directly in Studio. The tool provides deployment guides for setting up NIM and Haystack pipelines on Kubernetes, streamlining deployment to any cloud or data center.

What customers are saying:

“Enterprises across industries are seeking ways to effectively integrate AI into their core operations while maintaining security and scalability,” said Anne Hecht, senior director of product marketing for enterprise software at NVIDIA. “The integration of the NVIDIA AI Enterprise software suite with deepset Studio will help simplify and accelerate the deployment of AI applications, supporting both cloud and on-premises environments.”

“deepset is our trusted partner for launching high-quality AI applications quickly, said Dan Coates, President of YPulse. “Our customers love what we’ve built with deepset. We’re excited about deepset Studio, which simplifies AI development and showcases deepset’s rapid innovation. This tool allows us to visually transform AI ideas into customized product offerings with even more speed and ease as AI applications become increasingly sophisticated.”

Reserve a spot for deepset Studio beta

  • Sign up to use deepset Studio for free, unlocking an interactive visual environment to learn, explore, and build LLM applications with Haystack.
  • Developers can accelerate AI deployments with NVIDIA NIM microservices, available for free on the NVIDIA API catalog.
  • deepset Cloud customers have access to the Studio functionality in Beta now

Also Read: AiThority Interview with Yair Amsterdam, CEO of Verbit 

[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]

The post deepset Launches Studio for LLM App Development with Cloud and NVIDIA AI Integrations appeared first on AiThority.

]]>
AiAssistWorks Launches a New AI Google Sheets Add-On to Enhance Efficiency in Spreadsheet Tasks https://aithority.com/machine-learning/aiassistworks-launches-a-new-ai-google-sheets-add-on-to-enhance-efficiency-in-spreadsheet-tasks/ Tue, 13 Aug 2024 08:31:31 +0000 https://aithority.com/?p=575113 AiAssistWorks Launches a New AI Google Sheets Add-On to Enhance Efficiency in Spreadsheet Tasks

AiAssistWorks unveils a cutting-edge AI add-on for Google Sheets, offering seamless and complete AI integration for users of all skills levels. AiAssistWorks has launched a powerful AI Google Sheets add-on, crafted to seamlessly integrate cutting-edge AI technology into Google Sheets for streamlined filling tasks and comprehensive data analysis, enabling both novice and expert users to […]

The post AiAssistWorks Launches a New AI Google Sheets Add-On to Enhance Efficiency in Spreadsheet Tasks appeared first on AiThority.

]]>
AiAssistWorks Launches a New AI Google Sheets Add-On to Enhance Efficiency in Spreadsheet Tasks

AiAssistWorks unveils a cutting-edge AI add-on for Google Sheets, offering seamless and complete AI integration for users of all skills levels.

AiAssistWorks has launched a powerful AI Google Sheets add-on, crafted to seamlessly integrate cutting-edge AI technology into Google Sheets for streamlined filling tasks and comprehensive data analysis, enabling both novice and expert users to enhance their productivity.

Also Read: AiThority Interview with Seema Verma, EVP and GM, Oracle Health and Life Sciences

In recent years, the proliferation of AI tools has reshaped various aspects of daily life and work, with companies, from startups to major corporations, developing their own AI models to optimize operations and decision-making. AiAssistWorks capitalizes on this trend by embedding a versatile AI solution within Google Sheets, one of the most widely used tools for data analysis and management.

Unlike typical AI integrations requiring complex setups and specialized knowledge, AiAssistWorks offers a unique approach that eliminates the need for writing custom formulas like “=GPT.” Users can interact with the add-on through a straightforward, user-friendly interface, allowing them to save and reuse AI prompts without the hassle of complex formula configurations. This feature not only simplifies the user experience but also enhances productivity by reducing the time and effort spent on repetitive data tasks.

The AiAssistWorks add-on supports connections to numerous AI providers, including industry leaders such as OpenAI, Anthropic, and Gemini, using individual API keys. This flexibility enables users to employ a wide range of AI models, making it possible to leverage nearly all available large language models (LLMs) directly within their spreadsheets. This level of integration is unprecedented in the realm of Google Sheets AI tools.

Also Read: AiThority Interview with Kunal Purohit, President – Next Gen Services, Tech Mahindra

“Our product stands out because it democratizes access to advanced AI functionalities, allowing users to enhance their Google Sheets experience without the need for extensive technical knowledge or financial investment,” explained a spokesperson for AiAssistWorks. “By making our tool affordable and easy to use, we are opening up a world of possibilities for utilizing advanced AI models in daily life that were previously only available to specialists.”

As businesses continue to embrace AI technologies to gain competitive advantages, tools like AiAssistWorks are becoming essential for anyone looking to incorporate AI into their daily workflows efficiently and affordably. This add-on is not just a tool; it’s a bridge to the future of work, where AI and human ingenuity combine to create unprecedented opportunities for innovation and efficiency.

Also Read: AiThority Interview with Yair Amsterdam, CEO of Verbit 

[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]

The post AiAssistWorks Launches a New AI Google Sheets Add-On to Enhance Efficiency in Spreadsheet Tasks appeared first on AiThority.

]]>
AI-Powered Wound Care: Enhancing Accuracy and Efficiency https://aithority.com/machine-learning/ai-powered-wound-care-enhancing-accuracy-and-efficiency/ Tue, 13 Aug 2024 07:47:33 +0000 https://aithority.com/?p=574653 AI-Powered Wound Care: Enhancing Accuracy and Efficiency

The integration of artificial intelligence (AI) in wound care shows promise of transforming the field, enabling more precise diagnostics, personalized treatment plans, and significantly improved healing outcomes. Providers face many challenges, including time constraints, regulatory demands, and electronic health record (EHR) input. Though progress has been made, information sharing across colleagues and departments has continued […]

The post AI-Powered Wound Care: Enhancing Accuracy and Efficiency appeared first on AiThority.

]]>
AI-Powered Wound Care: Enhancing Accuracy and Efficiency

The integration of artificial intelligence (AI) in wound care shows promise of transforming the field, enabling more precise diagnostics, personalized treatment plans, and significantly improved healing outcomes. Providers face many challenges, including time constraints, regulatory demands, and electronic health record (EHR) input. Though progress has been made, information sharing across colleagues and departments has continued to be a barrier to optimal care delivery, and without the correct data available, informed clinical decisions cannot be made. Considering these factors, the wound care industry requires technological advancements to help alleviate common hurdles and enhance care delivery and the patient experience. AI has the opportunity to play a role in this movement, but wound care is experiencing parallel adoption challenges with other healthcare sectors as technology progresses. Grandview Research estimates that the global wound care market will increase at a compound annual growth rate of 4.17% between 2024 and 2030, justifying the need to expand technology capabilities in this sector. Additionally, the aging population is causing an increase in patients with chronic health issues, further driving the need for more advanced care methods.

Also Read: AI Inspired Series by AiThority.com: Featuring Bradley Jenkins, Intel’s EMEA lead for AI PC & ISV strategies

Effective wound care requires careful attention and an in-depth understanding of the numerous factors that can influence healing. By incorporating AI in wound care technology to expand knowledge bases and gather insights, providers may be able to better identify needs to address challenges and provide the best treatment options. The use of AI could enable providers to minimize guesswork and deliver more targeted treatments to increase recovery success. Advancements in wound care technology can transform care delivery and streamline clinical operations, creating a new standard for care in the industry.

Expanding wound care treatment options

As an industry that has lacked robust options for treatment, especially for more complex wounds, ensuring accuracy and personalization for individual patients is a crucial step in implementing modern technology. From the start, an accurate diagnosis can make or break the subsequent steps and outcomes of a patient’s treatment plan. AI shows potential to play an influential role in wound care, from measurement and analysis to assisted clinical decision-making for treatment plans. For example, AI algorithms could reference previous patients’ data to identify wound types and stages, increasing accuracy and improving treatment planning. Wound measurement is another essential component of this identification process. Conventional ruler-based measurement practices have a  44% error rate, but AI imaging and measurement can significantly reduce this statistic by measuring a wound accurately through automated digital planimetry. With more accurate measurements, courses of action and outcomes may look drastically different.

More personalized treatment plans are another potential benefit of AI integration in wound care. Utilizing AI to analyze an individual patient’s electronic health record data, providers could take more tailored steps to ensure the best chances of recovery. They may also be able to reference a wider range of data to determine the next best course of action, such as dressings and medications to prescribe as the wound heals.

AI may also be able to offer enhanced monitoring and feedback on treatment plans and progress. With the availability of wound monitoring applications and devices, real-time data collection and analysis can enable ongoing treatment adjustments. In the U.S., approximately 2.5 million individuals develop a pressure injury in acute care facilities every year. AI integration could help reduce the number and severity of hospital-acquired pressure injuries (HAPIs) and prevent needless amputations due to diabetic ulcers by assisting with monitoring, especially in understaffed facilities. The average HAPI costs a hospital up to  $70,000 per case, and HAPIs are the second most common hospital lawsuit claim after wrongful death. For diabetic ulcers, with the rate of diabetes increasing, especially among younger and disadvantaged populations, the rate of amputations has increased over the past several years, further representing the demand for AI’s assistance in addressing chronic wound conditions.

Also Read: Extreme Networks and Intel Join Forces to Drive AI-Centric Product Innovation

Improved quality of life and long-term outcomes

Positive outcomes are always the goal at the end of a treatment plan. A patient’s quality of life in both the short and long term could be improved with the use of AI through reduced healing time, minimized complications, and improved patient engagement and compliance. AI-driven care can potentially accelerate healing by using accurate insights to inform care decisions, but more research needs to be done to validate the impact of AI in improving clinical outcomes. Predictive analytics may help spot potential problems early on and help avoid infections or other wound-related issues. For chronic wounds that take more time to heal, AI’s ongoing role in the care plan and process could be pivotal to improving patient outcomes.

AI and its accompanying tools may also drastically increase patient engagement and compliance. With solutions now available to support patient education and engagement, individuals can be more involved in their care journeys with expanded knowledge of their condition and treatment plan. Patient engagement is increasingly recognized as an integral part of health care and a critical component of safe, people-centered services. Informed patients are more likely to feel confident enough to report positive and negative experiences and have increased compliance with established care management plans.

Also Read: More than 500 AI Models Run Optimized on Intel Core Ultra Processors

 Enhancing clinical workflow

Aside from patient-centric benefits, provider organizations can also benefit from implementing AI solutions into their practices. A more streamlined workflow is a primary benefit of integrating AI into practices because it can automate routine tasks. In November 2023, 56% of nurses reported burnout, so finding ways to reduce tedious administrative tasks and allow clinicians to focus on care delivery and patient engagement can help better maintain or even improve the health care workforce. Clinician time is valuable, so allocating resources correctly is essential to a provider organization’s success.

AI has the potential to be a catalyst for the transformation of wound care and beyond. Showing promise of enabling more informed care delivery with transparency and efficiency will positively impact wound care treatment, patient outcomes, and clinical processes that can propel this sector into the future. While hesitancy remains around the adoption of AI in health care, the positives almost certainly outweigh the risks. Engaging with AI technology will help set clinical practices up for success in care delivery and operations, but most importantly, open new doors for patients in need of treatment.

[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]

The post AI-Powered Wound Care: Enhancing Accuracy and Efficiency appeared first on AiThority.

]]>
HumanFirst and Infobip Announce a Partnership to Equip Enterprise Teams with Data + Generative AI https://aithority.com/machine-learning/humanfirst-and-infobip-announce-a-partnership-to-equip-enterprise-teams-with-data-generative-ai/ Fri, 09 Aug 2024 06:36:47 +0000 https://aithority.com/?p=575068 HumanFirst and Infobip Announce a Partnership to Equip Enterprise Teams with Data + Generative AI

With a one-click integration to Conversations, Infobip’s contact center solution, HumanFirst helps enterprise teams leverage LLMs to analyze 100% of their customer data. HumanFirst, a prompt and data platform, and Infobip, a global cloud communications platform, today announced a collaboration that connects HumanFirst directly to Infobip’s communications suite. The partnership helps enterprise teams leverage large language […]

The post HumanFirst and Infobip Announce a Partnership to Equip Enterprise Teams with Data + Generative AI appeared first on AiThority.

]]>
HumanFirst and Infobip Announce a Partnership to Equip Enterprise Teams with Data + Generative AI

HumanFirst Raises CAD$5M in Seed Funding

With a one-click integration to Conversations, Infobip’s contact center solution, HumanFirst helps enterprise teams leverage LLMs to analyze 100% of their customer data.

HumanFirst, a prompt and data platform, and Infobip, a global cloud communications platform, today announced a collaboration that connects HumanFirst directly to Infobip’s communications suite. The partnership helps enterprise teams leverage large language models (LLMs) to work collaboratively with unstructured data; for small tasks like support call summaries, and complex initiatives like contact center topic modeling.

Companies across the globe have adopted an omnichannel approach to customer engagement. Last year, 473 billion company-to-customer interactions took place on Infobip’s CPaaS platform, representing a 91% increase in conversational messaging across sales, support, marketing, and more.

Also Read: Humanoid Robots And Their Potential Impact On the Future of Work

Conversational data contains critical business signals but remains inaccessible to most teams; unstructured feedback is messy, and teams lack the tools they need to interact with it at scale. Gartner predicts that by 2028, 80% of enterprises using CPaaS platforms will also employ generative AI-based conversational strategies. But the opportunity for GenAI goes far beyond conversation design.

“We believe large language models (LLMs) will be the primary way customer-facing teams make sense of their data,” says Alex Dubois, SVP Strategic Growth and Partnerships at HumanFirst. “We’re committed to enabling any and every team with the skills they need to do that work.”

Infobip recognized HumanFirst as one of the complementary partners bringing performant genAI strategies to customer-centric teams. HumanFirst has worked with industry leaders like Google, Deloitte, and HomeServe to manage data-driven transformations 90% faster and 80% cheaper, increasing the number of non-technical experts working with data by 7-fold.

“At Infobip, we value innovation and customer-centricity,” shares Ivan Ostojić, Chief Business Officer at Infobip. “HumanFirst helps us with both. We believe companies around the world will be able to show up for their customers in new and powerful ways with Infobip and HumanFirst.”

Working with HumanFirst themselves, Infobip generated 220+ knowledge articles with genAI to address repetitive support requests occupying their agents’ time.

Don’t miss this out: More than 500 AI Models Run Optimized on Intel Core Ultra Processors

“Within a week of working with HumanFirst, we found two categories of support tickets comprised 30% of our agents’ workload,” says Ostojić. “We saw a significant cost-savings opportunity, and started building self-service automations based on our real customer-agent conversations. We want to bring that capability to our customers to help them achieve the same results in transforming their customer experience using HumanFirst & Infobip AI Hub.”

Also Read: Humanoid Robots And Their Potential Impact On the Future of Work

Infobip helps household name companies like Uber, Hubspot, Meta, and Microsoft communicate with their customers. With a low-code LLM playground connected to that data source, customer-facing teams will be able to extract the insights they need to be more effective across support, sales, marketing, and more.

“Infobip is unmatched not only in their vision of bringing AI to market, but also in their ability to act on that vision,” says Dubois. “We’re thrilled to be in partnership.”

HumanFirst is currently available on Infobip Exchange. The integration is free of charge; Infobip customers can activate their HumanFirst account by scheduling a meeting with the HumanFirst team.

[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]

The post HumanFirst and Infobip Announce a Partnership to Equip Enterprise Teams with Data + Generative AI appeared first on AiThority.

]]>
CoreWeave Announces Key Senior Hires to Fuel Growth Plans https://aithority.com/machine-learning/coreweave-announces-key-senior-hires-to-fuel-growth-plans/ Fri, 09 Aug 2024 06:31:37 +0000 https://aithority.com/?p=575067 CoreWeave Announces Key Senior Hires to Fuel Growth Plans

New senior hires come on the heels of significant momentum for the business, having raised $12 billion from top tier equity and debt investors, announcing a London office and European expansion efforts. Chen Goldberg, Senior Vice President of Engineering, hails from Google where she played an instrumental role in building, deploying, and managing the innovative Kubernetes platforms. Sachin Jain, Chief […]

The post CoreWeave Announces Key Senior Hires to Fuel Growth Plans appeared first on AiThority.

]]>
CoreWeave Announces Key Senior Hires to Fuel Growth Plans

CoreWeave Acquires Conductor Technologies, Enhancing Its Offerings to VFX  Studios | Business Wire

  • New senior hires come on the heels of significant momentum for the business, having raised $12 billion from top tier equity and debt investors, announcing a London office and European expansion efforts.

  • Chen Goldberg, Senior Vice President of Engineering, hails from Google where she played an instrumental role in building, deploying, and managing the innovative Kubernetes platforms.

  • Sachin Jain, Chief Operating Officer, comes from Oracle Cloud where he led AI infrastructure and has spent more than 20 years in senior roles at Google Cloud and Amazon.

  • This announcement follows recent additions to the leadership bench with top-tier talent including Chief Accounting Officer Jeff Baker from Rivian; Chief Product Officer Chetan Kapoor from Amazon Web Services; and Chief Financial Officer Nitin Agrawal from Google Cloud.

CoreWeave, the AI Hyperscaler, today announced the appointment of Chen Goldberg as Senior Vice President of Engineering, as well as Sachin Jain as its new Chief Operating Officer.

Goldberg and Jain are technology veterans with long, accomplished histories at the largest technology companies in the world.

Also Read: Humanoid Robots And Their Potential Impact On the Future of Work

Goldberg has more than 25 years of expertise leading global engineering teams, product R&D initiatives, and high-profile customer engagements with Fortune 500 enterprises. She joins CoreWeave from Google, where she worked across several roles at Google Cloud, most recently as General Manager & VP of Engineering, leading the Kubernetes and Serverless team and product portfolio. She will join the CoreWeave executive team to lead and grow engineering functions, as well as accelerate CoreWeave’s world-class product development and offerings.

Jain most recently served as Senior Vice President at Oracle Cloud, where he led the company’s AI infrastructure, data center capacity and infrastructure product teams. Prior to that, Jain held roles as Vice President at Google Cloud and Amazon. At Google, he managed the capacity planning and optimization and supply chain engineering teams, and played a central role in driving Google Cloud to profitability. At Amazon, he held leadership roles across pricing, fees, marketplace technologies, AWS  and supply chain teams – setting the strategic direction for top and bottom line growth across various businesses.

“Both Chen and Sachin are exciting and critical additions to the CoreWeave team,” said Mike Intrator, co-founder and CEO of CoreWeave. “Their vision for the future of the AI cloud is strongly aligned with what we’re building at CoreWeave – in terms of a customer-centered development philosophy and the power of automation – and their expertise is unmatched. Their contributions to our platform will take CoreWeave’s industry-leading products and operations to the next level.”

“I’ve been watching the incredible growth and customer success that CoreWeave has accomplished in such a short amount of time, and am thrilled to join this team with tremendous technical excellence,” said Chen Goldberg. “CoreWeave is light years ahead and delivering what others cannot – its modern infrastructure with unbeatable performance sets the company apart. I look forward to building the next generation of cutting-edge cloud technology alongside some of the best in the business.”

“I have been amazed and inspired by the phenomenal team at CoreWeave and what they have accomplished,” said Sachin Jain. “The fact that some of the largest enterprise companies and fast growing AI labs are choosing CoreWeave as their cloud partner is a testament to their unparalleled innovations and relentless focus on customer success. I am excited by the opportunities ahead of us and am eagerly looking forward to being part of this incredible journey.”

Also Read: Humanoid Robots And Their Potential Impact On the Future of Work

Today’s news comes on the heels of significant momentum. Between May 2023 to May 2024, CoreWeave raised a total of $12 billion from top-tier equity and debt investors. Recently, the company also announced its new London office and subsequent European expansion – creating over 120 new jobs across engineering, operations, finance and go-to-market, and a commitment to invest a total of $3.5 billion across Europe. The company also continues to grow its leadership bench with top-tier talent. Last week, CoreWeave announced its new Chief Accounting Officer, Jeff Baker, who joined from Rivian and played an essential role in its landmark initial public offering. In June, CoreWeave announced Chief Product Officer, Chetan Kapoor, who joined from Amazon Web Services where he was part of the Compute leadership team and managed the Hardware Accelerated Compute business. Earlier this year, the company welcomed Nitin Agrawal as Chief Financial Officer, who most recently served as VP of Finance for Google Cloud. With these additions, CoreWeave is fueling its next phase of growth and pushing the frontier of AI infrastructure forward. In 2023, CoreWeave more than quadrupled its data center presence, and anticipates doubling that figure globally by the end of 2024.

Don’t miss this out: More than 500 AI Models Run Optimized on Intel Core Ultra Processors

[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]

The post CoreWeave Announces Key Senior Hires to Fuel Growth Plans appeared first on AiThority.

]]>
Nobl Q Expands its AI and Digital Solutions Offerings and Strengthens Client Impact with Strategic Acquisition of Propel https://aithority.com/machine-learning/nobl-q-expands-its-ai-and-digital-solutions-offerings-and-strengthens-client-impact-with-strategic-acquisition-of-propel/ Fri, 09 Aug 2024 06:21:24 +0000 https://aithority.com/?p=575065 Nobl Q Expands its AI and Digital Solutions Offerings and Strengthens Client Impact with Strategic Acquisition of Propel

  Nobl Q, a leading global AI- and cloud-based solutions provider, announced today the acquisition of Propel, a renowned software developer that specializes in advanced technology solutions. This strategic acquisition is set to amplify Nobl Q’s proficiencies and its reach across multiple verticals, as it brings together some of the sharpest minds in the industry. […]

The post Nobl Q Expands its AI and Digital Solutions Offerings and Strengthens Client Impact with Strategic Acquisition of Propel appeared first on AiThority.

]]>
Nobl Q Expands its AI and Digital Solutions Offerings and Strengthens Client Impact with Strategic Acquisition of Propel
ERP Logic rebrands as Nobl Q and acquires Jeevan Technologies

 

Nobl Q, a leading global AI- and cloud-based solutions provider, announced today the acquisition of Propel, a renowned software developer that specializes in advanced technology solutions. This strategic acquisition is set to amplify Nobl Q’s proficiencies and its reach across multiple verticals, as it brings together some of the sharpest minds in the industry.

Also Read: Humanoid Robots And Their Potential Impact On the Future of Work

The integration of Propel’s advanced capabilities and innovative solutions into Nobl Q’s comprehensive suite of services is anticipated to provide unparalleled value to clients, fostering enhanced digital transformation initiatives and business growth beyond the traditional scope, all designed to drive client success.

“We are excited to welcome Propel into the Nobl Q family,” said Caldwell Velnambi, CEO and Founder of Nobl Q. “Just as grammar is the backbone of literature, ensuring its integrity and clarity, the culture at Propel embodies the essence for successful software development. This acquisition is a significant milestone in our mission to deliver innovative and impactful technology solutions. Propel’s business focus, expertise in software development, and their commitment to excellence align perfectly with our vision and, together, we will drive transformative change for our clients.”

This is the third major acquisition made by Nobl Q in the past twelve months, tripling both its revenues and employee base, and bolstering its offerings significantly, making Nobl Q one of the fastest-growing AI and cloud solutions companies in the US.

As part of the acquisition, Propel’s CEO, Bala Chandra, will take on the role of Chief Operations Officer at Nobl Q, and Propel’s COO and CHRO, Malar Chandra, will assume the role of Nobl Q’s Chief Integration and Transformation Officer. These leadership placements underscore the strategic importance of this acquisition, positioning Nobl Q to leverage Propel’s strengths, drive future growth, and integrate their competencies into Nobl Q’s business model. These appointments follow suit with the corporate transformation Nobl Q has made this year, adding tremendous experience and technology prowess to an already stellar leadership team.

Also Read: Humanoid Robots And Their Potential Impact On the Future of Work

“Joining forces with Nobl Q presents a tremendous opportunity for Propel and our clients,” said Bala Chandra. “Our combined expertise and shared dedication to innovation will enable us to deliver even greater value and support to our customers. We are thrilled to embark on this new chapter together.”

The combined entity will operate under the Nobl Q brand, creating a one-stop-shop for digital transformation for companies across industries and around the globe.

Propel’s robust portfolio and experienced team will enhance Nobl Q’s service offerings, providing clients with an even broader range of advanced solutions tailored to meet their specific needs. It is through the acquisition of remarkable assets like Propel which exemplifies Nobl Q’s commitment to staying at the forefront of technological advancements and delivering outstanding client outcomes.

Don’t miss this out: More than 500 AI Models Run Optimized on Intel Core Ultra Processors

[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]

The post Nobl Q Expands its AI and Digital Solutions Offerings and Strengthens Client Impact with Strategic Acquisition of Propel appeared first on AiThority.

]]>
AtScale Unveils Breakthrough in NLP with Semantic Layer and GenAI https://aithority.com/machine-learning/atscale-unveils-breakthrough-in-nlp-with-semantic-layer-and-genai/ Thu, 08 Aug 2024 13:39:16 +0000 https://aithority.com/?p=575048 AtScale Unveils Breakthrough in NLP with Semantic Layer and GenAI

Innovative Integration Yields Unprecedented 92.5% Accuracy in Text-to-SQL Tasks AtScale, a pioneering leader in data management and analytics, announces a significant breakthrough in Natural Language Processing (NLP). By integrating AtScale’s Semantic Layer and Query Engine with large language models (LLMs), AtScale has set a new standard in Text-to-SQL accuracy, achieving an impressive 92.5% across all […]

The post AtScale Unveils Breakthrough in NLP with Semantic Layer and GenAI appeared first on AiThority.

]]>
AtScale Unveils Breakthrough in NLP with Semantic Layer and GenAI
Innovative Integration Yields Unprecedented 92.5% Accuracy in Text-to-SQL Tasks

AtScale, a pioneering leader in data management and analytics, announces a significant breakthrough in Natural Language Processing (NLP). By integrating AtScale’s Semantic Layer and Query Engine with large language models (LLMs), AtScale has set a new standard in Text-to-SQL accuracy, achieving an impressive 92.5% across all combinations of question and schema complexities.

Also Read: AiThority Interview with Seema Verma, EVP and GM, Oracle Health and Life Sciences

“By feeding the LLM with relevant business context, we can achieve a level of accuracy previously unattainable, making Text-to-SQL solutions trusted in everyday business use.”

As enterprises generate and store increasing volumes of data, the demand for quick, accurate data analysis has never been higher, outpacing traditional methods reliant on human analysts. AtScale’s integration of Generative AI transforms natural language queries into precise SQL commands, dramatically improving efficiency and decision-making speed. While LLMs excel at generating human-like text, they often struggle with complex database schemas and business logic. AtScale’s Semantic Layer bridges this gap by providing LLMs with comprehensive business-side metadata, eliminating the need to create metrics from scratch or generate complex joins, and significantly enhancing result consistency and accuracy.

“Our integration of AtScale’s Semantic Layer and Query Engine with LLMs marks a significant milestone in NLP and data analytics,” said David Mariani, CTO and Co-Founder of AtScale. “By feeding the LLM with relevant business context, we can achieve a level of accuracy previously unattainable, making Text-to-SQL solutions trusted in everyday business use.”

Also Read: AiThority Interview with Kunal Purohit, President – Next Gen Services, Tech Mahindra

In rigorous testing, AtScale’s integrated solution outperformed traditional methods by a wide margin. Across a diverse set of 40 business-related questions, the solution achieved a 92.5% accuracy rate, compared to just 20% for systems without the Semantic Layer. These results underscore the system’s capability to handle a wide range of query complexities with superior precision.

Key Benefits of AtScale’s Solution:

  1. Enhanced Accuracy: Achieves 92.5% accuracy in translating natural language questions into SQL queries.
  2. Simplified Query Generation: Removes the need for LLMs to generate joins or complex business logic, reducing errors and improving efficiency.
  3. Business Context Integration: Provides LLMs with essential business metadata, ensuring consistent and accurate results.

AtScale is committed to continuously advancing its AI-driven solutions. The company plans to enhance the integration further by optimizing prompt engineering and expanding training datasets, aiming to tackle even more complex queries with greater precision and efficiency. By doing so, AtScale seeks to empower businesses with increasingly robust and reliable data analysis tools.

Also Read: AiThority Interview with Yair Amsterdam, CEO of Verbit 

[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]

The post AtScale Unveils Breakthrough in NLP with Semantic Layer and GenAI appeared first on AiThority.

]]>
AiThority Interview with Seema Verma, EVP and GM, Oracle Health and Life Sciences https://aithority.com/machine-learning/aithority-interview-with-seema-verma-evp-and-gm-oracle-health-and-life-sciences/ Thu, 08 Aug 2024 07:42:50 +0000 https://aithority.com/?p=574850 AiThority Interview with Seema Verma, EVP and GM, Oracle Health and Life Sciences

The post AiThority Interview with Seema Verma, EVP and GM, Oracle Health and Life Sciences appeared first on AiThority.

]]>
AiThority Interview with Seema Verma, EVP and GM, Oracle Health and Life Sciences

Seema Verma, EVP and GM, Oracle Health and Life Sciences, in this Q&A talks about strategic use of AI and technology to enhance healthcare efficiency, security, and patient care through innovations and collaborative partnerships and more about transforming healthcare by improving data interoperability.

————–

Hi Seema, welcome to our AiThority Interview series; walk us through your journey at Oracle and your learnings from being in the B2B SaaS industry

After spending four years as chief administrator of the Centers for Medicare & Medicaid Services (CMS), the largest payer in the world, I joined Oracle in April 2023 as senior vice president and GM of Oracle Life Sciences. In January 2024, I also became EVP and GM of Oracle Health, one of the largest EHR providers in the world, which marked a strategic shift for the company as we further strengthen the connection between these industries for the betterment of patients.

I’m about eight months into my new role, and there is still so much to be done as we continue to evolve our offerings, but I’m energized about the path forward. The opportunity to create a more effective, efficient, and secure healthcare system is immense – but achievable. What is unique about Oracle’s approach is that we are not just dipping our toe in the water. We have a breadth and depth of technology – the enterprise applications and cloud infrastructure, as well as the clinical trial applications and the EHR – that enables us to address the entirety of the industry’s challenges. We’re delivering leading technology and AI coupled with a long history of understanding how healthcare works to help health organizations worldwide reduce costs, increase efficiency, and improve patient care.

Also Read: Want to Beat FOIA Backlogs? Embrace AI

Oracle is known for its autonomous database. How is this technology being utilized today within the health and life sciences sector to improve data security?

Oracle is the only healthcare technology provider that uses autonomous databases and operating systems to automatically patch and minimize any threat. At a time when cybercriminals are getting more sophisticated, this is game changing for the health and life sciences sector.

Given the impact that hacks can have on the delivery of care, cybersecurity should really be considered a subset of patient safety and receive similar levels of attention and investment.

The Oracle Autonomous Database is the first automated data management solution that helps eliminate cybersecurity’s biggest weakness – human error and delay. With our solution, healthcare organizations can take advantage of reliable security and compliance for sensitive data.

This includes leveraging AI and machine learning to transform operational reporting and get deeper insights into patients’ needs, helping enable quicker resolutions to critical health problems.

Also Read: AI and Big Data Governance: Challenges and Top Benefits

How is Oracle leveraging AI to enhance interoperability and streamline care coordination among different healthcare providers?

Allowing patient data to flow with the patient through their healthcare journey, no matter where they are, is a priority for Oracle. To this end, we are making significant investments in interoperability and AI and doing so in a way that supports security and safety to create efficiency and cut costs in the healthcare system. With our complete suite for hospital automation, patient engagement systems, and everything in between, we are bringing all of these elements together: clinical, patient, enterprise, and data.

We’re embedding AI across all of these applications. This provides hospitals and life science companies with more intelligence and helps automate entire processes, enabling hospital systems to be more efficient, more secure, and more effective. Recent product innovations we’ve rolled out that are leveraging AI to help connect the healthcare ecosystem include:

  • Oracle Health Data Intelligence, which stands at the forefront of the next generation of healthcare interoperability – capable of integrating data from over 2,000 sources and generating insights that are infused directly into the provider’s workflow to help close care gaps and improve quality measures.
  • Oracle Clinical Digital Assistant, which takes advantage of generative AI to participate in patient appointments, capture patient-clinician interaction details, and draft structured clinical notes that doctors can quickly review and approve or edit. The offering dramatically reduces the amount of time clinicians spend interacting with the EHR and increases the amount of time they are focusing on patients. This is a game-changer that is helping to bring the joy back to practicing medicine for our customers.

Can you share some insights on the collaborative partnerships Oracle has formed to drive innovation in the healthcare sector?

We are committed to working with companies across the healthcare and life sciences industries to make healthcare more efficient, less expensive, and more effective. In some cases that means delivering new and deeply integrated APIs so customers can extract more value from our technology. For example, NetHealth (formerly known as Tissue Analytics), is focused on improving wound care documentation workflows. Its technology integrates advanced wound management and photo analysis directly within our EHR.

In other cases, we are enabling our partners to easily take advantage of Oracle Cloud Infrastructure (OCI) to deploy and scale their innovative healthcare offerings and services. For example, Imagene runs its AI inference on OCI, providing rapid AI-based molecular profiling from biopsy images to help transform cancer diagnosis and care.

We also join forces with like-minded organizations to expand our capabilities in accelerated computing and AI, so our customers and partners have access to the solutions they need to help solve the industry’s most complex and critical healthcare challenges. This includes enhancing our collaboration with Cohere to develop powerful, generative AI services for organizations worldwide. With Oracle’s comprehensive portfolio of cloud applications, data management expertise, and best-in-class AI infrastructure, combined with Cohere’s state-of-the-art large language models, we are deploying new models for healthcare and embedding generative AI throughout our healthcare-specific applications. We also team with NVIDIA to power healthcare solutions with accelerated computing in the cloud to help enable breakthroughs in research and advance the future of medicine.

Also Read: The Role of AI and Machine Learning in Streaming Technology

What are the key areas where AI can significantly impact drug pricing and pharmaceutical research, and how is Oracle’s product team contributing to these areas with new enhancements?

We expect AI to play a huge role in the life sciences industry. Obviously, the ability to recognize patterns and analyze vast amounts of data quickly is critical pharmaceutical research. The advances in AI are going to make it easier to pinpoint potential therapies faster and with greater accuracy. In turn, this will help companies to bring products to market more quickly and cost effectively. We are really just scratching the surface in terms of the impact AI will have on this industry. For example, we recently announced new capabilities in our AI-supported Oracle Argus and Safety One Intake solutions to help life science organizations meet evolving regulatory requirements and the rising volume of adverse event case workloads. And we are working to harness the full potential of AI to break down the silos between clinical care and research.

With your extensive experience in healthcare policy, how does Oracle ensure its AI solutions comply with stringent healthcare regulations and standards?

Policy experts around the world are grappling with how to regulate AI. It’s our job to work with our customers and comply with the regulations, which will vary by industry. With personal health information, there will be more conversations between medical providers and governments about how AI is applied. The requirements will likely be more extensive for healthcare than for something like menu management in the restaurant business. We will adjust the technology to meet those requirements and to make the technology easy to apply, even in highly regulated industries.

Before we conclude, can you talk about the future initiatives or advancements we can expect from Oracle in the healthcare and life sciences sector and how these efforts will continue to shape the landscape of healthcare technology?

So much of our work at Oracle is focused on putting patients first and supporting providers and caregivers by reducing the burden of tedious, manual administrative tasks that often overwhelm them and divert their time away from patients. This focus will continue to shape the future direction of our innovations and solutions across Oracle Health and Life Sciences.

The challenges facing our industry are vast and complex, but it’s also an incredibly exciting time. It’s a moment ripe for radical transformation that can propel us toward a genuinely value-based and more innovative healthcare system – the kind of healthcare system that we all want for ourselves, our families, and our communities. One where providers are measured based on the clinical outcomes they achieve and the cost of those results. Where teams of providers are encouraged to keep patients well rather than waiting for them to become sick. Where we connect clinical research to clinical care to get solutions to expedite solutions where none existed.

We have the technology to make this happen. We can create a healthcare system where we reduce the cost of administration, and those dollars can be reinvested into delivering cutting-edge treatments, improving care quality and accessibility and the health of the population. Seeing the work that Oracle is doing and the innovation that is coming from our team, I’ve never been more optimistic about the industry.

[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]

Seema Verma is the executive vice president and general manager of Oracle Health and Life Sciences, where she’s responsible for Oracle’s clinical and clinical trials applications portfolio.

Seema was the administrator of the Centers for Medicare & Medicaid Services (CMS) from 2017 to 2021. In this role, she developed and implemented the federal administration’s healthcare strategic plan to advance value-based care, innovation, interoperability, and price transparency while reducing drug prices and regulations through her historic Patients over Paperwork initiative. Prior to her role at CMS, Seema founded and sold a national consulting company and worked as a vice president for policy and planning for a public hospital, public health department, and health system.
She is currently a director on the board of behavioral health company LifeStance and serves on the USC Price School Board of Councilors. She holds degrees from the University of Maryland and Johns Hopkins University School of Public Health.

We’re a cloud technology company that provides organizations around the world with computing infrastructure and software to help them innovate, unlock efficiencies and become more effective. We also created the world’s first – and only – autonomous database to help organize and secure our customers’ data.

Oracle Cloud Infrastructure offers higher performance, security, and cost savings. It is designed so businesses can move workloads easily from on-premises systems to the cloud, and between cloud and on-premises and other clouds. Oracle Cloud applications provide business leaders with modern applications that help them innovate, attain sustainable growth, and become more resilient.

The work we do is not only transforming the world of business–it’s helping defend governments, and advance scientific and medical research. From nonprofits to companies of all sizes, millions of people use our tools to streamline supply chains, make HR more human, quickly pivot to a new financial plan, and connect data and people around the world.

At work, we embrace diversity, encourage personal and professional growth, and celebrate a global team of passionate people developing innovative technologies that help people and companies tackle real-world problems head-on.

The post AiThority Interview with Seema Verma, EVP and GM, Oracle Health and Life Sciences appeared first on AiThority.

]]>