Unlocking the Power of AI in Healthcare & Life Sciences
Leading insights for bridging the gap between AI ambition and maturity for the healthcare & life sciences sector.
Our latest research reveals that the Healthcare & Life Sciences (H&LS) industry is leading other sectors in terms of AI adoption and maturity, often surpassing them in terms of financial and business impact.
Key research insights
H&LS is leading the charge in multi-model AI:
- H&LS organizations have deployed over 170 models in production on average
- That number is expected to grow to 182 in the next year, compared to 174 for all other sectors
AI maturity is the new competitive weapon:
H&LS enterprises performed better than other sectors in 2023 compared to 2022 across core business outcomes:
- 68% did moderately or significantly better in terms of customer support
- 67% did moderately or significantly better in terms of revenue
- 66% did moderately or significantly better in terms of marketing indicators of conversion rates, ROAS, and cost per customer acquisition
AI maturity is setting the foundation for accelerated innovation:
- 93% of AI-mature H&LS organizations anticipate spending more on AI in 2025
- The vast majority (83%) of H&LS enterprises expect to move their AI models to the distributed edge in the near future
AI transformation is within reach for H&LS
H&LS organizations are poised to reap massive benefits from AI investments in the coming years. However, those pursuing transformational AI face two primary obstacles: data and AI Governance, compliance, and Security.
What does the path forward look like? H&LS organizations are evaluating alternatives to the hyperscaler providers and embracing multicloud architectures in to scale their AI applications at the edge efficiently, address security, compliance, and governance concerns, and build a future-proof approach to AIOps.
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Unlocking the Power of AI in Healthcare & Life Sciences
Leading insights for bridging the gap between AI ambition and maturity for the healthcare & life sciences sector.
Our latest research reveals that the Healthcare & Life Sciences (H&LS) industry is leading other sectors in terms of AI adoption and maturity, often surpassing them in terms of financial and business impact.
AI transformation is within reach for H&LS
H&LS organizations are poised to reap massive benefits from AI investments in the coming years. However, those pursuing transformational AI face two primary obstacles: data and AI Governance, compliance, and Security.
What does the path forward look like? H&LS organizations are evaluating alternatives to the hyperscaler providers and embracing multicloud architectures in to scale their AI applications at the edge efficiently, address security, compliance, and governance concerns, and build a future-proof approach to AIOps.