Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

IBM’s Watson Ventures Dermatology, Adding Game-Changing Abilities to EMA

by Eileen McNulty
October 14, 2014
in Healthcare, News
Home Industry Healthcare
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on e-mail

In collaboration with a small group of other companies, Modernizing Medicine, a company developing electronic medical record systems out of Boca Raton, Florida, is working on an app supported by IBM’s Watson. The new program will be an enhanced version of their Electronic Medical Assistant (EMA), already in use in a quarter of dermatology practices in the US. By combining EMA’s existing qualities with cognitive computing and natural language processing, schEMA will be able to support doctors through answering medical questions in a more holistic manner.

The CEO of Modernizing Medicine, Daniel Cane says: “We are one of the first in the world to get access to this cognitive computing capability,” and wants the product to hit the market this year. Considering that after getting access to Watson it took Modernizing Medicine a mere two weeks to build a ready-to-go prototype, this seems quite realistic. The company, which is already 180 employees strong, 4years after its launch and brings home $17.5 million in annual revenue, recently won the eMerge Techweek Launch competition. The prize of $100,000 in cash and services will be donated to several regional institutions that support entrepreneurial endeavours such as Florida Atlantic University’s Tech Runway and Florida International University.

SchEMA combines different sources of published healthcare information in order to help physicians make more resourceful assessments about possible diagnoses. The advantage this system has over classical diagnosis strategies, is that it is evidence-based, the sources of medical information can be directly cited on the patient’s medical chart. “This is an entirely new era of computing … where the machine is able to do a lot of that reasoning itself, and to understand the context of the question, what the possible answers in the known universe are and to instantaneously choose the best answer. It is almost mind boggling where this can lead.” says Cane.

But this is only one part of IBM’s ambitious program of introducing Watson to a bigger share of the general public. With a very successful appearance on Jeopardy and several other company partnerships, Watson is out there making a name for himself, a project that IBM is financing with an impressive investment of $1 billion. But apart from marketing its abilities the super-computer is also being introduced to the future generation of workers through various partnerships with universities all over the country. Once again, Watson’s cognitive abilities prove their applicability in a new field, setting out to revolutionise healthcare, one specialty at a time.

Read more here.


Join the Partisia Blockchain Hackathon, design the future, gain new skills, and win!


(image credit: Michael Cote)

Follow @DataconomyMedia


Interested in more content like this? Sign up to our newsletter, and you wont miss a thing!

[mc4wp_form]

 

Tags: ibmIBM Watson

Related Posts

How did ChatGPT passed an MBA exam

How did ChatGPT passed an MBA exam?

February 2, 2023
Google code red: ChatGPT and You.com like AI-powered tools threatening the search engine. Moreover, latest Apple Search rumors increased the danger.

Google code red: ChatGPT, You.com and rumors of Apple Search challenge the dominance of search giant

February 2, 2023
T-Mobile data breach 2023 explained: Learn how did the leak happen and explore T-Mobile data breach history. It is not the first time of the company

T-Mobile data breach 2023: The telecom giant got hacked eight times in the last six years

January 20, 2023
Microsoft layoffs 2023: Amazon job cuts that affect 11,000 employees explained. Big tech layoffs continue... Learn why and what will happen next.

Microsoft layoffs will affect more than 11,000 employees

January 18, 2023
Medibank Data Breach Class Action: Compensation can reach up to $20,000 per person

Medibank Data Breach Class Action: Compensation can reach up to $20,000 per person

January 16, 2023
What is DoNotPay AI Lawyer? The world's first robot lawyer ready to give $1 million to represent you. How does it work? Keep reading.

DoNotPay AI lawyer is ready to give $1 million for any case in US

January 12, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST ARTICLES

Cyberpsychology: The psychological underpinnings of cybersecurity risks

ChatGPT Plus: How does the paid version work?

AI Text Classifier: OpenAI’s ChatGPT detector indicates AI-generated text

A journey worth taking: Shifting from BPM to DPA

BuzzFeed ChatGPT integration: Buzzfeed stock surges after the OpenAI deal

Adversarial machine learning 101: A new cybersecurity frontier

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy
  • Partnership
  • Writers wanted

Follow Us

  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.