Riya Pahuja

Unlike other industrial sectors, many healthcare systems and services are embracing the roadblocks in their technological adoption processes. Thoroughly vetting systems is far more critical for most forms of patient care than having the latest and greatest technology. 

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This interview analysis is sponsored by Pieces and was written, edited, and published in alignment with our Emerj sponsored content guidelines. Learn more about our thought leadership and content creation services on our Emerj Media Services page.

As technology advances, the lines between mobile applications and medical devices are blurring in ways that have healthcare leaders, software developers, and regulators alike facing new and unprecedented challenges.

Boeing, founded in 1916, is a global aerospace company and one of the largest aircraft manufacturers in the world. Headquartered in Arlington, Virginia, the company operates in commercial airplanes, defense, space, and security sectors. 

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This interview analysis is sponsored by Pieces and was written, edited, and published in alignment with our Emerj sponsored content guidelines. Learn more about our thought leadership and content creation services on our Emerj Media Services page.

Blue Cross Blue Shield (BCBS) is a federation of 35 independent health insurance companies that provide coverage to over 100 million Americans. The organization's national headquarters is located in Chicago, Illinois, while individual BCBS companies operate in various states across the country.

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GEICO (Government Employees Insurance Company) is one of the largest auto insurance providers in the United States. Founded in 1936, it has grown to become a significant player in the insurance industry under the ownership of Berkshire Hathaway.

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The Software-as-a-Service (SaaS) model has experienced remarkable growth in the fintech sector over the past decade. According to research from Boston Consulting Group, fintech revenues are projected to increase sixfold by 2030, reaching $1.5 trillion.

In managing public sector projects, success hinges on strategic planning and innovative practices. Challenges such as budget constraints, communication issues, and resource limitations must be addressed through effective communication, precise resource allocation, and the strategic use of technology. Implementing digital upskilling programs can bridge the skills gap, while cloud-based solutions boost efficiency. 

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Lilly and Company is a global pharmaceutical corporation founded in 1876 and headquartered in Indianapolis, Indiana. The company has offices in 18 countries and sells its products in approximately 125 countries worldwide. As of 2024, Lilly employs over 38,000 people globally and has an annual revenue of $34.12 billion. 

Explainable AI models are essential in pharmaceutical R&D because they provide transparency and understanding of how AI-driven predictions are made. In drug discovery and development, stakeholders, including researchers, regulatory bodies, and healthcare professionals, need to trust and understand AI models' outputs to make informed decisions. Without explainability, AI models can be seen as "black boxes," leading to skepticism and reluctance to adopt these technologies in critical decision-making processes. 

Fostering a culture of experimentation in AI and data science is crucial for organizations to stay competitive and drive innovation. In 2021, an MIT Sloan report found companies that prioritize AI experimentation are 2.7 times more likely to capture new value and improve their operations. By embracing a more experimental mindset, organizations can harness the full potential of AI-driven tools and unlock new opportunities for growth.

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