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Microsoft is acquiring artificial intelligence AI speech recognition tech company Nuance Communications in a $19.7 billion deal to advance its cloud products for healthcare. The deal is anticipated to close before the end of this year. Nuance provides the AI layer at the healthcare point of delivery and is a pioneer in the real-world application of enterprise AI, Microsoft CEO Satya Nadella said in a Monday April 12 press release. AI is technologys most important priority, and healthcare is its most urgent application. Together, with our partner ecosystem, we will put advanced AI solutions into the hands of profession
stanley cup als everywhere to drive better decision-making and create more meaningful connections, as we accelerate growth of Microsoft Cloud for Healthcare and Nuance, Nadella said.The acquisition will help Microsoft step up its strategy to expand its product offerings for industry-specific cloud tech. The overall aim of the combined entity is to provide further technical support for its customers going through fast-paced digital disruptions. Microsoft Cloud for Healthcare was launched last year to tackle the comprehensive needs of the rapidly changing healthcare industry. Over the past three years, Nuance has streamlined its
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The spectrum of corporate technological disruption is vast. Large, multinational organizations have the resources to embrace disruption and invest in the tools that will bring it, but often find themselves too large to change quickly. Small busines
stanley termosy ses, while they may struggle to have the resources to invest in the tools they want, can be more agile and flexible to handle changing markets.Where does the middle market fit in this spectrum A new report from Capital One examined this question, focusing on how technological disruption will affect its finances.Do middle-market companies feel vulnerable to disruption Or do they see disruption as an opportunity, hoping to benefit by adopting new technologies or by becoming disruptors the financial institution FI asked in its recent publication, Innovation in the Middle Market: Staying a Step Ahead of Disruption.Surveying 300 U.S. middle-market executives, Capital One inquired about how these companies 鈥?which the firm defines as businesses with between $100 million and $3 billion in revenues 鈥?navigate disruptive innovations, and what that disruption means for their financial management and banking relationship strategies. According to Capital One, the middle market is feeling quite comfortable gearing up for technological disruption, but relationships with financial services providers will be instrumental in ensurin
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