AI, MD: How artificial intelligence is changing the way illness is diagnosed and treated

Medicine doctor working with modern computerAfter IBM’s Watson cruised to victory on the game show Jeopardy!, the company decided the first area where the ‘cognitive computing’ system would be put to work was healthcare — a field of sprawling data, intense privacy concerns, and life and death outcomes.

Since IBM began targeting healthcare as a sweet spot for AI back in 2011, the market for artificial intelligence in the industry has grown: in 2014, it was thought to be worth $600m, and is expected to reach $6bn by 2021, according to analyst Frost & Sullivan.

Venkat Rajan, global director of the Visionary Healthcare Program at Frost & Sullivan, says AI in healthcare has “moved from nascency and pilots and proof of concepts, to more early stage commercialisation, adoption, and utilisation”.

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About Peter Coffaro 1426 Articles
A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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