Quality Care for Patients: IBM Watson Hard At Work
New York, NY - IBM, WellPoint, Inc., and Memorial Sloan-Kettering Cancer Center have unveiled the first commercially developed Watson-based cognitive computing breakthroughs. These innovations stand alone to help transform the quality and speed of care delivered to patients through individualized, evidence-based medicine.
The IBM Watson system gained fame by beating human contestants on the television quiz show Jeopardy! almost two years ago. Since that time, Watson has evolved from first-of-a-kind status to a commercial cognitive computing system, gaining a 240 percent improvement in system performance.
Using advances in natural language processing and analytics, the Watson technology can process information similar to the way people think, representing a significant shift in the ability for organizations to quickly analyze, understand, and respond to vast amounts of Big Data. The ability to use Watson to answer complex questions posed in natural language with speed, accuracy, and confidence has enormous potential to improve decision making in healthcare, as well as other industries.
The American Cancer Society projects that 1.6 million new cancer cases will be diagnosed in the United States this year alone. Studies suggest that the complexities associated with healthcare have caused one in five healthcare patients to receive a wrong or incomplete diagnosis. These statistics, coupled with a data explosion of medical information that is doubling every five years, represent an unprecedented opportunity for the healthcare industry and next-generation cognitive computing systems to combine forces in new ways to improve how medicine is taught, practiced, and paid for. Continue>
Posted in: Featured Technology | March 5, 2013