#AIEye #Podcast Episode 483: GE Healthcare (NYSE: $GE) Announces #AI Solution for ETT Placements and DXC (NYSE: $DXC) Teams with Infinia ML for #MachineLearning Solutions
Global
AI in Diagnostics Market to Witness CAGR of 35.5% from 2018-2028
Point Roberts WA, Vancouver BC – November 25, 2020 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of The AI Eye- watching stock news, deal tracker and advancements in artificial intelligence
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this in full at https://www.investorideas.com/news/2020/artificial-intelligence/11251GE-DXC.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:GE) (NYSE:DXC)
GE Healthcare, the healthcare division of General
Electric Company (NYSE:GE), has announced an AI algorithm to help clinicians
assess Endotracheal Tube (ETT) placements – something crucial to ventilating
critically ill COVID-19 patients – as one of five AI solutions included in
GE Healthcare’s Critical Care Suite 2.0. Jan Makela, President and CEO, Imaging
at GE Healthcare, commented:
"Today,
clinicians are overwhelmed, experiencing mounting pressure as a result of an
ever-increasing number of patients. The pandemic has proven what we already
knew – that data, AI and connectivity are central to helping those on the front
lines deliver intelligently efficient care. GE Healthcare is not only providing
new tools to help hospital staff keep up with demand without compromising
diagnostic precision, but also leading the way on COVID-era advancements that
will have a long-lasting impact on the industry, long after the pandemic
ends."
DXC Technology Company (NYSE:DXC)
is teaming up with Infinia ML “to further advance
machine learning and data analytics to help customers manage and drive stronger
performance and value from their IT estates.” This will see Infinia ML’s
machine learning capabilities leveraged to automate document processing, boost
performance of mission-critical IT systems, guide enterprise decision making,
enhance customer service/support, and audit AI systems. Vinod Bagal, executive
vice president, DXC, explained:
"Infinia
ML has a proven ability to bring machine learning out of the lab and into the
real world, and its capabilities align well with the ‘new DXC’, which is
focused on our customers and our people. Through advanced machine learning and
analytics capabilities, we will deliver new data-driven experiential
opportunities, including information-rich teaching and training programs, to
improve business impact and performance for our customers and everyone they
serve."
Global
AI in Diagnostics Market to Witness CAGR of 35.5% from 2018-2028
A report published by Adroit Market Research finds that the global AI
in Diagnostics market, which was valued at $336 million in 2019, will exhibit a
compound annual growth rate (CAGR) of 35.5 percent in the forecast period 2018
to 2028. An excerpt from the report’s Analyst
Commentary section reads:
The
increasing quantity of data being processed can affect how images are
interpreted by radiologists, i.e. from inference to identification and
interpretation. When radiologists examine so many images in a day, the odds of
error rise, whereas a radiologist is reduced to a simple "data
analyst." AI has the ability to eliminate much of the repetitive
diagnosis, characterization, and quantification functions typically conducted
by radiologists using cognitive ability and to combine electronic health
records with data mining in the process.
The
introduction of this AI platform is expected to improve the development of
clinical diagnosis by ramping up healthcare facilities internationally, leading
to improved patient protection, result monitoring, and data collection.
Sam Mowers, Investorideas.com
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