Microsoft is investing heavily in AI for healthcare
Earlier this month, healthcare artificial intelligence (AI) company Paige announce A new partnership with the technology giant Microsoft.
Paige describes itself as a company at the forefront of technology and healthcare, particularly in the field of cancer diagnostics and pathology. The company explains its mission: “Led by a team of experts in the fields of life sciences, oncology, pathology, technology, machine learning, and healthcare…[we strive] To convert a cancer diagnosis. We are not only making it possible to provide additional information from digital slides to help pathologists perform their diagnostic work efficiently and with confidence, but also to go beyond this by extracting new insights from digital slides that cannot be seen with the naked eye. These unique tissue fingerprints have the potential to help guide treatment decisions and enable the development of new biomarkers from tissue for diagnostic, pharmaceutical and life sciences companies.”
The company offers a variety of solutions. On the clinical front, Paige AI tools enable advanced in vitro diagnostics with computational pathology, which can be leveraged to identify complex tissue patterns. On the pharmaceutical front, the company’s tools offer new ways to identify and analyze tissue biomarkers, driving forward diagnostic and predictive capabilities.
With its new partnership with Microsoft, the goal will be to use the latter’s incredibly strong resources in healthcare and technology to unlock more value in Paige’s tools. Andy Moy, CEO, Paige explained: “At Microsoft, we’ve really found a partner who shares our vision of how we can change healthcare… For us, the vision that we’ve been talking about with Microsoft is, How can we help create the digitization of pathology? How do we ensure that these tools are used for better patient care, for better patient care, for Better patient outcomes?
SAN FRANCISCO, CA – MARCH 30: Microsoft CEO Satya Nadella delivers the keynote address during … [+]
That’s right, Microsoft’s healthcare business has grown exponentially in the past few years. The company has invested billions in developing important tools such as HoloLens, which has real potential applications in the future of caregiving. Moreover, the company has also invested significant time and resources on the software side. Strong company Cloud view in healthcare It is the backbone of some of the largest healthcare organizations in the world. Through these services, Microsoft has helped unlock significant value in areas of “improvement[ing] Patient engagement and empowerment[ing] Health team cooperation, improve[ing] Patient provider experiences, and enhancing them[ing] Doctor productivity, improve[ing] Health data insights and protection[ing] health information.”
This partnership also comes at a time when the entire world is turning its attention to artificial intelligence. The world’s largest technology companies, ranging from Google to Amazon and Apple, have unequivocally agreed that AI is the next frontier in technological innovation. Health care is just one of the many sectors that AI could disrupt in a positive way. At the very least, AI is likely to enable new ways to analyze, learn, and use the terabytes of healthcare data that are generated annually.
Of course, AI technology is still pretty immature for the most part, especially when it comes to applications in healthcare. Innovators still need to invest a lot of time and effort into creating safe, ethical, and patient-centered technology use cases. However, if the technology is developed properly, it could change the face of healthcare for generations to come.