|[March 22, 2013]
Research and Markets: Healthcare Decision Support and IBM Watson: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/dh47dg/healthcare)
has announced the addition of Wintergreen Research, Inc's new report
"Healthcare Decision Support and IBM (News - Alert) Watson: Market Shares, Strategies,
and Forecasts, Worldwide, 2013 to 2019" to their offering.
Worldwide healthcare cognitive computing markets are poised to achieve
continuing growth as the healthcare delivery system responds to new
products. Growth is achieved in response to changing technology, better
analytics, and new information systems that leverage natural language,
and changing market conditions.
Healthcare decision support markets consist of traditional market
participants led by McKesson and Watson from IBM. IBM Watson offers
structured and unstructured data in combination. This represents a major
breakthrough in what kind of decision support can be offered.
IBM Watson can provide a far more differentiated testing assessment.
Watson knows what tests are relevant to further characterize a
particular patient condition and what tests are not. It isa great help
to physicians to have an assistant that is able to have read the latest
journal articles and is loaded with medical information to recommend
what tests may be relevant in a particular situation. Wrong tests, tests
that are not useful in a particular situation, account for 30% of the
costs of healthcare delivery in the US. This is a lot. To have a new
system available that addresses these issues is great.
IBM Watson is initiating a new era of cognitive computing that extends
the tabulator and application program intensive enabling new market
opportunities based on cognitive performance. Watson is so powerful and
so new that the uses for it are not even defined yet. The tools and
methods released by natural language computing systems are remarkable.
They are very exciting.
Watson is comprised of a core engine. This engine is more powerful than
anything that has been designed by humans before. To the credit of IBM,
the first purpose that Watson has been put to is to improve healthcare
delivery. To those analysts following Watson, there is tremendous
promise in the offing.
IBM concentrates on building end to end systems that are able to adapt
of market changes. While this may make the IBM product set seem overly
heavy in the short run, in the long run, this is of enormous value to
clients as proved by the company market leading position in innovation
- Accenture (News - Alert)
- Boehringer Ingelheim
- Deutsche Telecom
- eCardio Diagnostics
- Eliza Corp
- Intel (News - Alert)
- Mayo Clinic
- Operating Revenues
- Partners Healthcare
- Sorin Group
- VA Department of Veterans Affairs
- Verizon (News - Alert)
For more information visit http://www.researchandmarkets.com/research/dh47dg/healthcare
Source (News - Alert): Wintergreen Research, Inc
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