The rally for innovation
It is critical to understand the pain points in the healthcare and pharma value chain to spot opportunities for emerging technologies such as artificial intelligence (AI), Blockchain, and quantum computing. Over the last few years, AI has been trialed and employed at an unprecedented scale to solve some of these issues. IBM have been quite vocal about their Watson-enabled healthcare capabilities.
Yet, there is a lot of work to be done to make healthcare seamless, cost effective and inclusive across the world. Even in developed economies such as the US and the UK, healthcare is one service where consumers (patients) would like to see major transformations.
There are several innovative trends like remote consultation using apps like Babylon, or clinical decision support using IBM Watson, or drug discovery using AI applications. IBM Watson have tried to create the Robo Doctor, but they have big challenges due to the lack of...