Unlocking the Promise of AI in Member-Centric Care

HARBINDER RAINA | June 5, 2019 | 75 views

Artificial intelligence holds much promise across the healthcare industry, from helping physicians with administrative tasks to increasing efficiency during clinical trials. For health plans, in particular, AI can help them increase operational efficiency, predict and manage risk, and provide member-centric care. However, a few key challenges—especially when it comes to data and developing expertise—could prevent health plans from unlocking the complete potential of AI.

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Quest Software

We are more than just a name – we are on a quest to make your information technology work harder for you. Our solutions simplify the IT operations at more than 100,000 organizations worldwide. Rely on us to help you turn data into insights quicker, modernize your infrastructure faster for the cloud, optimize the application experience and get control of every device that touches your network.

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8 Epic App Innovations that Help Your Business Stand Out

Article | July 13, 2022

Contents 1. The Market for Mobile Application Development 2. Innovations in Mobile Application Development 2.1 In-App Paid Features: Android and iOS Development 2.2 Augmented and Virtual Reality 2.3 Beacon Technology 2.4 Al and Ml 2.5 Wearables 2.6 Predictive Analytics 2.7 Blockchain Technology 2.8 On-Demand Applications 3. Long-Term Benefits of Mobile App Development Innovations for Your Small Business: 4. Tying Everything Together Increased use of the internet and smartphones demands better mobile applications be developed. Innovation is the key driving force that can make or break the market regarding mobile app development. A fantastic team of mobile app developers and smart innovation employing the latest technology produce a huge hit app. Let us learn more about how the mobile app development market grows. 1. The Market for Mobile Application Development The mobile application development market is projected to grow at a 13.4% CAGR from 2023 to 2030, with a value of $187.58 billion recorded in 2021. This is due to the increased use of the internet and smartphone platforms, as well as artificial intelligence and machine learning. The app's algorithms learn and understand user interests to deliver refined results that generate better user engagement. As Ericsson and the Radicati Group forecasted, 6.64 billion people own a smartphone today, which is around 83.32% of the world population, and by 2025, 7.33 billion people will own a smartphone. As a result, there is a substantial rise in demand for better smartphone apps, for which creative and innovative mobile application development is the need of the hour. Innovation will give your business a competitive edge it's never had before. It will also open up new ways to grow your business. Discover the top innovations in mobile app development. 2. Innovations in Mobile Application Development Some of the technological breakthroughs in mobile app development will greatly improve the user experience in the future. These focus mainly on the implementation of the latest technological innovations to realize functionality that has never been seen or done before. Let us now delve into their specifics. 2.1 In-App Paid Features: Android and iOS Development While Android has a market share of 70%, iOS has grabbed a market share of around 28% in the mobile operating systems market as of 2022. In-app advertising and in-app purchases generate the major ROI from mobile applications on both mobile operating platforms. A great UI and UX go a long way toward boosting your app and business, and they also help you rank highly in the respective app markets, i.e., the Google Play Store and the App Store. Rolling out constant updates and adhering to the security standards of the marketplace keeps your business app ranking at the top. 2.2 Augmented and Virtual Reality With the AR kit, you can design and make 3D mobile apps for your customers that use virtual reality. AR and VR are constantly changing the business of making mobile apps. You can use these trends to give mobile users really great experiences. A few of the sectors making successful use of these technologies include gaming, e-commerce, retail, interior design, real estate, tourism and travel, education, training, healthcare, manufacturing and construction, advertising and marketing, and entertainment. Your AR and VR mobile apps are more valuable if you can meet your expectations for maximum ROI with a minimum budget. You can do this by making constant improvements to your minimum viable product. 2.3 Beacon Technology The beacon technology uses a smartphone's Bluetooth to identify any store, museum, or other business in the vicinity. As mobile devices get more powerful, IoT and edge sensors will be used more and more. Because of that, beacon technology will change the way we interact with the world. This technology sends notifications to your customer’s phone about your product when the customer passes by, sends content and descriptions about an ongoing event at your location to your customers, and more. Proximity marketing and indoor navigation notifications are the few ways retail is using this technology. With the help of beacon technology, your business can track assets, keep track of contacts, offer access to loyalty programs, gather advanced data, and send mobile tickets. 2.4 Al and ML The versatility and power of innovations in Al and ML keep them relevant. For example, they let you turn pictures into animations that look real. These animations provide real-time analytics and other valuable insights. As an AI learns from its own experience, providing a better customer experience based on the data you feed it helps create intelligent chatbots. Personalized shopping assistance, fraud prevention, task automation, smart content, voice assistants, and autonomous vehicles are a few of the examples where you will see AI implemented. An AI trains itself through machine learning, or ML. ML forecasts future data trends using available historical data. This invaluable addition to your existing apps transforms the way they interact with customers. We are one step closer to a super-personalized experience. 2.5 Wearables Wearables let you make calls, find your way to your destination, measure and analyze your vital signs in real time, and look at your own personal insights. So, app developers and businesspeople should focus on making apps that give people who use wearables a great digital experience. Getting better apps for wearable devices can greatly enhance their functionality and the user experience. From listening to your favorite music to tracking your fitness goals, taking notes, finding a parking spot, and adhering to your health and fitness regimen, a wearable device does it all. If developing your company’s wearable app delivers more value, this technology is not just a game changer but a lifesaver for many. 2.6 Predictive Analytics Predictive analytics is essential to e-commerce. When it comes to making mobile apps, predictive analysis can help improve both the process and the user experience. By putting together information from many developers, it can help predict problems and suggest solutions. Your predictive analytics will be better if you use artificial intelligence (AI), data mining, machine learning, modeling, and statistics. The data that your small and medium-scale businesses have gathered over a period of time becomes one of the most valuable sources of information that helps predict and forecast future market trends. Unexplained market rises and falls will now have an explanation, as will mobile apps that can precisely tell what, when, and where needs to be changed, replaced, or repaired. Using constants and variables that are already known, predictive analytics and data modeling can help make accurate predictions about the future. 2.7 Blockchain Technology The world of blockchain has innumerable possibilities. Applications backed by blockchain technology benefit from end-to-end encryption. This means no one but you can retain data ownership rights. Blockchain technology is used for a lot of important communication and financial transactions because it is safe and private. Blockchain holds promise for better efficiency, productivity, and performance, as well as for elevating the user experience. Blockchain is more secure and reliable, offers better transparency in financial transactions, makes you go password-free using an SSL certificate (Secure Sockets Layer), promotes simplicity, protects your identity, safeguards access to your digital data and information, and helps transmit and receive accurate data with the help of balanced data transfer using several nodes at once. 2.8 On-Demand Applications As lockdowns and quarantines went on for a long time, many delivery apps started to appear. There were apps for taxis, grocery stores, and even medicine delivery. The on-demand model is likely to grow as more service-based companies shift their focus towards on-demand apps. Technology is always changing, and every year, new versions of technology hit the market. That's why we need to keep up with the latest updates and use them to make applications that are both new and full of features. That's a must for a successful launch of a mobile app. Making the software development process easy for the developers reduces the time it takes to develop applications using the software. There are options like rapid application development software, no code, and low-code application development software. These can include mobile app development, SaaS (software as a service), cloud apps, on-premise standalone apps, desktop apps, and web-based apps for many devices, including IoT devices. Using AI to power the application development process speeds up development, testing, and deployment, which helps a lot with scaling from small to medium to large and beyond. 3. Long-Term Benefits of Mobile App Innovations for Your Small Business: Creating a winning product doesn’t have to be a long process. Improvements on the product offered by competitors and finding competitor product shortcomings, along with using innovative technologies, help add value to your mobile app as a product. Mobile app development innovations help in many ways, such as: Improve your brand's relationship with your customers Offer 24/7 access to your business Get excellent customer insights Efficiently market your product online Save on additional marketing costs Boost employee efficiency by increasing engagement Improve communication shreds down the busy work and Streamline the data Generate a new revenue stream from ads targeted at in-app purchases. As a result, you meet customer expectations efficiently, allowing you to expand your business and attract potential customers. Your customers and potential customers are always looking for something new and exciting to experience and adopt. Sooner or later, they make habits of seeing something, and then they start thinking of that mobile app as a standard benchmark to look up to. Talking about the scalability of a mobile application, there is a lot of scope to improve using innovative technologies, and all minor to major updates take you from where you are to where you want to be. Finding the right mix of technologies will help your business grow and expand. 4. Tying Everything Together Business growth for small-scale businesses starts with new inputs and strategic technological investments in mobile app development. Although they sound promising, striking the right balance to implement innovative technologies relies heavily on rigorous predictive analysis. Tools and technologies help meet customer expectations at scale and grow the business beyond imagination with the power of innovation.

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FUTURE TECH

Empowering Industry 4.0 with Artificial Intelligence

Article | July 26, 2022

The next step in industrial technology is about robotics, computers and equipment becoming connected to the Internet of Things (IoT) and enhanced by machine learning algorithms. Industry 4.0 has the potential to be a powerful driver of economic growth, predicted to add between $500 billion- $1.5 trillion in value to the global economy between 2018 and 2022, according to a report by Capgemini.

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AI TECH

How Artificial Intelligence Is Transforming Businesses

Article | July 20, 2022

Whilst there are many people that associate AI with sci-fi novels and films, its reputation as an antagonist to fictional dystopic worlds is now becoming a thing of the past, as the technology becomes more and more integrated into our everyday lives. AI technologies have become increasingly more present in our daily lives, not just with Alexa’s in the home, but also throughout businesses everywhere, disrupting a variety of different industries with often tremendous results. The technology has helped to streamline even the most mundane of tasks whilst having a breath-taking impact on a company’s efficiency and productivity

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The advances of AI in healthcare

Article | February 11, 2020

With the Government investing £250 million into the project, the Lab will consider how to use AI for the benefit of patients – whether this be the deployment of existing AI methods, the development of new technologies or the testing of their safety. Amongst other things, the initiative will aim to deliver earlier diagnoses of cancer. It is estimated that in excess of 50,000 extra patients could see their cancer being detected at an early stage, thus boosting survival rates. More specifically, a study has shown that AI is quicker in identifying brain tumour tissue than a pathologist.This would have a positive knock-on effect in other areas, such as enabling money to be saved (that otherwise would have been spent on further treatment) and reducing the workload of staff (at a time when there is a crisis in NHS workforce numbers).

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Spotlight

Quest Software

We are more than just a name – we are on a quest to make your information technology work harder for you. Our solutions simplify the IT operations at more than 100,000 organizations worldwide. Rely on us to help you turn data into insights quicker, modernize your infrastructure faster for the cloud, optimize the application experience and get control of every device that touches your network.

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AI TECH,GENERAL AI,AI APPLICATIONS

causaLens Introduces the First Decision-making OS Powered by Causal AI

causaLens | January 25, 2023

On January 24, 2023, causaLens, the London-based deep tech firm and a leader in Causal AI, announced the release of decisionOS, the first operating system to leverage cause-and-effect reasoning for all aspects of an enterprise's decision-making. Causal AI is a technology that recognizes the underlying web of causes in order to provide essential decision-making insights that current machine learning fails to deliver. The technology is rapidly gaining traction, with 'big tech' businesses such as Amazon, Microsoft, Meta, Google, Spotify, Netflix, and Uber investing extensively in its research. It was recently highlighted in multiple Gartner hype cycles. decisionOS optimizes business decisions by incorporating Causal AI models into decision workflows at any organizational level. Now, enterprise users across all industrial sectors will be able to comprehend cause and effect relationships to generate actionable insights that take consider company objectives and resource constraints instead of just relying on past patterns and correlations to make predictions. Retailers, for example, can utilize decisionOS' recommendations and insights to determine the optimum pricing for individual products across specific locations while keeping the current business environment in mind. decisionOS can integrate all of an enterprise's decision workflows serving as a unique one-stop system, including product pricing and promotion, customer acquisition, retention, optimizing manufacturing processes, marketing spending optimization, demand forecasting, supply chain risk management, inventory and order management, and many more. About causaLens Founded in 2017, causaLens builds Causal AI powered products that empower organizations to make superior decisions. Leading enterprises across a wide spectrum of sectors rely on its Causal AI-powered technologies. Through an intuitive user interface, its no-code Causal AI platform enables all kinds of individuals to make better decisions. It is working towards the goal of building a world in which people can trust machines with the most challenging problems in the economy, society, and healthcare.

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GENERAL AI,AI APPLICATIONS

Market Logic Software to Develop New Generative AI Solutions for Consumer Insights Products

Market Logic Software | January 20, 2023

On January 19, 2023, Market Logic Software, a global insights management solutions provider, announced the development of a new range of Artificial Intelligence for Consumer Insights (AICI) products aimed at enterprise market research and consumer insights teams. The first product in the portfolio, scheduled for release in Q2 2023, will help break through the use of an AICI assistant that can be embedded within standard applications to support interactive decision-making for consumer businesses 24/7 and will benefit from the OpenAI Large Language Model (LLM). This new product complements Market Logic's expertise in managing market and consumer information within enterprise organizations by introducing generative AI capabilities. Rather than a list of search results, this technology will provide corporate users with complete, natural language answers to market and consumer intelligence quiries. Market Logic's announcement builds on its long history of innovation in the insights industry. Companies like Nike, L'Oréal, Mercedes-Benz, Phillips, and Unilever are among the users of the award-winning insights engagement platform. It helps to unify all internal and external knowledge assets, undertake new research, and connect with business stakeholders through a single hub. Market Logic has already enrolled several Fortune 500 companies in its AICI assistant product limited beta program. The product will be released globally later this year, according to the company. About Market Logic Founded in 2006, Market Logic Software is a leading insights management solutions provider. It empowers insights and analytics teams to turn data and information into actionable consumer and market knowledge. Its award-winning insights engagement platform assists the world's leading brands in generating and capitalizing on insights. Market Logic works for clients all over the world across various sectors, including CPG, healthcare, retail, automotive, finance, and telecom. It allows firms to access 600+ research agencies and 1000+ industry sources to develop memorable, actionable insights in a fraction of the time and cost.

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SOFTWARE,FUTURE TECH

Altair Announces Simulation 2022.2 Latest Software Update

Altair | January 10, 2023

Altair, a pioneer in computational science and artificial intelligence (AI), has released the latest updates of its simulation portfolio, Simulation 2022.2. These updates are built on the enhancements brought by Simulation 2022.1, which will bolster Altair's cloud elasticity, scalability, electrification, and product development capabilities. Simulation 2022.2 provides a better Altair One experience, offering users flexible access to solutions, applications, data, and computing, allowing the launch of leading tools like HyperView, Altair HyperMesh, Inspire, and SimLab in browsers or on the desktop or laptop. Altair One is a turnkey marketplace that lets users connect to their solutions, data, teams, and computing infrastructure from any device, anytime. With the latest software updates, product teams can now collaborate on all aspects of electronic systems, printed circuit board (PCB), firmware, and 5G connectivity development in a connected and end-to-end environment to reach their goals faster. In addition, Simulation 2022.2 features better integration between Altair Flux, FluxMotor, SimLab, and the Material Data Center to facilitate improved and streamlined workflows. It also provides advanced modeling capabilities, electrical system design exploration, optimization, faster acoustic and thermal flow analysis. Debugging and post-production servicing updates are also available with Altair EEVision for electronic system design. With the recent enhancements to Simulation 2022.2, businesses and teams can create comprehensive workflows from concept to production in a unified environment to lower development costs, organizational friction, time-to-market, waste, and material usage. Altair's integrated software solutions enable users to make confident, well-informed decisions across the entire product lifecycle. Simulation 2022.2 enhances integration amongst Altair simulation products, allowing for streamlined project management and lead-time reduction. Simulation 2022.2 substantially improves HyperWorks, HyperMesh, Altair Pulse, and HyperWorks CFD. These enhancements enable better modeling analysis through low- and no-code design and engineering tools, reduced pre- and post-processing lead times, improved surface modeling, integrated solver and dashboard capabilities, expanded fluid topology optimization coupled with AcuSolve and EDEM, and more. About Altair Altair is a global technology company that offers software and cloud solutions in simulation, high-performance computing (HPC), and artificial intelligence (AI), helping organizations in nearly every industry compete more effectively in an interconnected world and helping create a more sustainable future. For more than 35 years, it has assisted businesses in their digital transformation efforts to make smarter decisions, save costs, reduce waste, accelerate time-to-market, improve corporate performance, and evolve into a data-driven culture.

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AI TECH,GENERAL AI,AI APPLICATIONS

causaLens Introduces the First Decision-making OS Powered by Causal AI

causaLens | January 25, 2023

On January 24, 2023, causaLens, the London-based deep tech firm and a leader in Causal AI, announced the release of decisionOS, the first operating system to leverage cause-and-effect reasoning for all aspects of an enterprise's decision-making. Causal AI is a technology that recognizes the underlying web of causes in order to provide essential decision-making insights that current machine learning fails to deliver. The technology is rapidly gaining traction, with 'big tech' businesses such as Amazon, Microsoft, Meta, Google, Spotify, Netflix, and Uber investing extensively in its research. It was recently highlighted in multiple Gartner hype cycles. decisionOS optimizes business decisions by incorporating Causal AI models into decision workflows at any organizational level. Now, enterprise users across all industrial sectors will be able to comprehend cause and effect relationships to generate actionable insights that take consider company objectives and resource constraints instead of just relying on past patterns and correlations to make predictions. Retailers, for example, can utilize decisionOS' recommendations and insights to determine the optimum pricing for individual products across specific locations while keeping the current business environment in mind. decisionOS can integrate all of an enterprise's decision workflows serving as a unique one-stop system, including product pricing and promotion, customer acquisition, retention, optimizing manufacturing processes, marketing spending optimization, demand forecasting, supply chain risk management, inventory and order management, and many more. About causaLens Founded in 2017, causaLens builds Causal AI powered products that empower organizations to make superior decisions. Leading enterprises across a wide spectrum of sectors rely on its Causal AI-powered technologies. Through an intuitive user interface, its no-code Causal AI platform enables all kinds of individuals to make better decisions. It is working towards the goal of building a world in which people can trust machines with the most challenging problems in the economy, society, and healthcare.

Read More

GENERAL AI,AI APPLICATIONS

Market Logic Software to Develop New Generative AI Solutions for Consumer Insights Products

Market Logic Software | January 20, 2023

On January 19, 2023, Market Logic Software, a global insights management solutions provider, announced the development of a new range of Artificial Intelligence for Consumer Insights (AICI) products aimed at enterprise market research and consumer insights teams. The first product in the portfolio, scheduled for release in Q2 2023, will help break through the use of an AICI assistant that can be embedded within standard applications to support interactive decision-making for consumer businesses 24/7 and will benefit from the OpenAI Large Language Model (LLM). This new product complements Market Logic's expertise in managing market and consumer information within enterprise organizations by introducing generative AI capabilities. Rather than a list of search results, this technology will provide corporate users with complete, natural language answers to market and consumer intelligence quiries. Market Logic's announcement builds on its long history of innovation in the insights industry. Companies like Nike, L'Oréal, Mercedes-Benz, Phillips, and Unilever are among the users of the award-winning insights engagement platform. It helps to unify all internal and external knowledge assets, undertake new research, and connect with business stakeholders through a single hub. Market Logic has already enrolled several Fortune 500 companies in its AICI assistant product limited beta program. The product will be released globally later this year, according to the company. About Market Logic Founded in 2006, Market Logic Software is a leading insights management solutions provider. It empowers insights and analytics teams to turn data and information into actionable consumer and market knowledge. Its award-winning insights engagement platform assists the world's leading brands in generating and capitalizing on insights. Market Logic works for clients all over the world across various sectors, including CPG, healthcare, retail, automotive, finance, and telecom. It allows firms to access 600+ research agencies and 1000+ industry sources to develop memorable, actionable insights in a fraction of the time and cost.

Read More

SOFTWARE,FUTURE TECH

Altair Announces Simulation 2022.2 Latest Software Update

Altair | January 10, 2023

Altair, a pioneer in computational science and artificial intelligence (AI), has released the latest updates of its simulation portfolio, Simulation 2022.2. These updates are built on the enhancements brought by Simulation 2022.1, which will bolster Altair's cloud elasticity, scalability, electrification, and product development capabilities. Simulation 2022.2 provides a better Altair One experience, offering users flexible access to solutions, applications, data, and computing, allowing the launch of leading tools like HyperView, Altair HyperMesh, Inspire, and SimLab in browsers or on the desktop or laptop. Altair One is a turnkey marketplace that lets users connect to their solutions, data, teams, and computing infrastructure from any device, anytime. With the latest software updates, product teams can now collaborate on all aspects of electronic systems, printed circuit board (PCB), firmware, and 5G connectivity development in a connected and end-to-end environment to reach their goals faster. In addition, Simulation 2022.2 features better integration between Altair Flux, FluxMotor, SimLab, and the Material Data Center to facilitate improved and streamlined workflows. It also provides advanced modeling capabilities, electrical system design exploration, optimization, faster acoustic and thermal flow analysis. Debugging and post-production servicing updates are also available with Altair EEVision for electronic system design. With the recent enhancements to Simulation 2022.2, businesses and teams can create comprehensive workflows from concept to production in a unified environment to lower development costs, organizational friction, time-to-market, waste, and material usage. Altair's integrated software solutions enable users to make confident, well-informed decisions across the entire product lifecycle. Simulation 2022.2 enhances integration amongst Altair simulation products, allowing for streamlined project management and lead-time reduction. Simulation 2022.2 substantially improves HyperWorks, HyperMesh, Altair Pulse, and HyperWorks CFD. These enhancements enable better modeling analysis through low- and no-code design and engineering tools, reduced pre- and post-processing lead times, improved surface modeling, integrated solver and dashboard capabilities, expanded fluid topology optimization coupled with AcuSolve and EDEM, and more. About Altair Altair is a global technology company that offers software and cloud solutions in simulation, high-performance computing (HPC), and artificial intelligence (AI), helping organizations in nearly every industry compete more effectively in an interconnected world and helping create a more sustainable future. For more than 35 years, it has assisted businesses in their digital transformation efforts to make smarter decisions, save costs, reduce waste, accelerate time-to-market, improve corporate performance, and evolve into a data-driven culture.

Read More

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