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Telehealth (or Telemedicine) is a growing sector of the healthcare industry which has steadily gained traction and formed a profitable sector, according to Transparency Market Research. The market research firm projects that total US revenue will hit $19.5 billion in 2025 up from $6 billion in 2016.

In a study from Researchscape International, 74 percent of 300 marketers surveyed said personalization in this field has strongly helped their clients or companies in advancing customer relationships. It also found that 54 percent said their clients or companies experienced a 10 percent increase in sales, while 13 percent of marketers surveyed reported a more than 30 percent lift.

Back at the beginning of the year, I set out to get a feel for a city in the longitudinal center of the country, between two coastal tech hubs in San Francisco and NYC: Austin. I wanted to find out what made Austin an attractive AI and tech hub the way I had in Boston, Atlanta, Montreal, and Bangalore before it. It turns out the AI startup community in Austin is measurably different than those on the east and west coast, and it stood out to me in the way it was able to offer a quality of life that's rare for fresh-out-of-college talent on the coasts. 

This article is based on a panel discussion facilitated by Emerj (Techemergence) CEO Dan Faggella on the state of AI in the healthcare industry. The panelists were Just Biotherapeutics Chief Business Officer Carolina Garcia Rizo (representing healthcare startups) and Senior Manager for A.I./Machine Learning at Bayer Kevin Hua (representing big pharma). This session was part of the Applied Artificial Intelligence Conference by Bootstraps Labs held in San Francisco on April 12, 2018. The video of the panel is provided below:

Episode Summary: In this episode of the podcast, we interview AIG’s Chief Data Science Officer, Dr. Nishant Chandra, about natural language processing (NLP) for internal and team communication. Dr. Chandra talks about how NLP can help with sharing documents with specific team members whose roles warrant viewing those documents.

With an ongoing nurse shortage in the United States and other areas, startups and global companies have begun developing methods for handling time-consuming responsibilities traditionally held by nurses, ranging from daily operations to diagnosis.

In 2013, a McKinsey report noted that over 85 percent of Amazon sales revenue was generated from personalized recommendations. Since then, the use of personalized recommendations has grown. On average, today’s personalized recommendations account for 27-percent of retail site revenue, according to a recent Salesforce report. 

Rather than coming up with completely new processes or products that involve deep learning, companies say they are using this AI technology to expand on functions or tasks that already existed at their organization, according to a new report published by O’Reilly.

Virtual assistants operating in response to voice or text interactions have steadily gained traction and formed a profitable sector, according to Research and Markets. The market research firm projects that total revenue will hit $15.8 billion in 2021 up from $1.6 billion in 2015. The firm also estimates that total global consumers will reach 1.8 billion by 2021.

For large eCommerce, media and travel companies, running huge campaigns requires substantial effort and human oversight. Translating and laying out ads for dozens of languages is a challenge that one day machines may master — but they’ll do so with the help of constant human guiding and adjustments.