Marketing and financial applications such as demand forecasting, risk assessment, financial growth assessment and other lead other applications of artificial intelligence. The rapid adoption of artificial intelligence in healthcare duplicating the retail industry is another positive sign of the market. The explosive growth of seed and venture funding coupled with interest of giants such as Google and Microsoft has resulted in large enthusiasm for the industry. Health IT companies were at the forefront of venture capital funding gathering a whopping USD 1.1 billion in 2016 alone! This coupled with the attractive economics of up scaling and expanding has resulted in flurry of investments in the sector.
Google, and Microsoft are data led artificial intelligence first companies with…
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