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AI for business study : healthcare
Tata Consultancy Services ( TCS ) has released significant new insights from its inaugural AI for Business Study , revealing how healthcare providers are finally beginning to grapple with the challenges and opportunities emerging amid the AI revolution .
In one of the largest surveys of its kind , speaking with over 1,200 executives worldwide , key findings regarding the healthcare industry include :
• More than half ( 52 %) of healthcare businesses expect productivity to at least double in the next few years
• Many healthcare providers aren ’ t ready for AI , with 24 % of firms still cleaning up data and migrating it to the cloud , with a further 28 % not moving beyond the initial exploration phase of AI
• Just under half of healthcare businesses ( 46 %) plan to create healthcare-specific AI large language models ( LLMs )
• Seventy-four percent of healthcare business leaders are deploying AI for innovation , while 27 % are focusing its abilities on optimisation
Healthcare executives say they are excited – or at least cautiously optimistic – about the potential Artificial Intelligence holds for their business . And they ’ re already using it – but do they know why ? x
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