SMC-Microsoft deal to remarkably impact Korea healthcare AI market

Samsung Medical Center in collaboration with Microsoft Korea has announced to construct a Korean AI precision healthcare system, which would employ Microsoft’s Azure cloud computing platform and services. Under the agreement, Microsoft Korea is reported to provide IT infrastructure for medical data analysis, whereas SMC would be promoting three of its artificial intelligence pilot research projects based on image data, sleep data, and genome data. Undoubtedly, this is one of the biggest scoops in healthcare artificial intelligence market, where both the giants are planning to analyze medical data in the cloud.Allegedly, the healthcare and medical devices industry space, of late, has observed a transformational shift with respect to its value chain, from a volume based model to an outcome based patient centric approach. Tapping maximum opportunities in this revolutionized landscape, the agreement between SMC and Microsoft Korea, seems to be highly strategic, where both the organizations are aiming to establish a strong customized disease-specific prediction models, claims experts.

For the uninitiated, Samsung Medical Center and Microsoft Korea have always been at the forefront with regards to technological developments in healthcare and medical devices market, considering the research investment by these two giants in healthcare artificial intelligence industry. The two companies, reportedly, have developed artificial intelligence models for disease-specific AI diagnosis and early detection of cancer disease.

The teaming up would integrate Microsoft’s massive cloud infrastructure with SMC’s big systematic data, which ultimately would enhance healthcare space with an optimized clinical data model. As per the reports, the joint project would remarkably improve the survival rates of cancer patients through deep learning algorithm and predictive modeling of sleep apnea outcomes.

Microsoft, under this agreement, would also provide a systematic education to SMC’s medical professionals, to enhance their AI utilization capacity. Allegedly, the education curriculum would include basic as well as advanced level courses to SMC’s medical fraternity, which comprise the largest number of gene researchers and data among the regional medical institutes.