By Indrajit Belgundi
The driving force behind AI is its potential to accelerate human progress and enhance our experiences in all areas of our lives, and in no area is this more significant than healthcare. Over the past decade, the healthcare sector has seen unbelievable progress, including the rapid, cross-border innovation that saw us through the Covid-19 crisis. However, factors such as rising population, growing burden of new diseases, and increased healthcare costs are key challenges that need to be addressed.
The silver lining is that the industry is in a strong position to face these challenges, thanks to rapid technological adoption and public-private partnerships aimed at harnessing the power of data to improve patient outcomes. As the industry continues to transform healthcare service delivery, advanced computing technologies, such as AI algorithms running on high performance computing (HPC) systems, will be critical to unlocking the true value of medical data, thereby improving overall health.
AI in both large and smaller models, can significantly improve healthcare outcomes. By leveraging data, these tools can enhance patient care. The aim is to provide infrastructure needed for healthcare organisations to harness the power of AI.
A data-driven approach
AI paired with HPC enables clinicians to craft personalised treatment plans by analysing datasets, uncovering unique patterns, and deriving insights surpassing human processing capabilities.
Whether utilising ML or AI for medical image analysis, population pattern detection, medical device design, rapid computation is essential. Initiatives like the Ayushman Bharat Digital Mission (ABDM) are transforming healthcare delivery and transparency. Through ABDM, policymakers can leverage the large amounts of patient data to generate real time insights. This enables targeted monitoring based on geography, facilitating effective implementation of health programmes and policies.
Better outcomes
There are many exciting healthcare AI examples in practice within cancer diagnostics and treatment. From diagnostic tools to advanced patient treatment techniques, AI is delivering high-quality care.
The future of AI-powered healthcare, underpinned by HPC, is exciting. Yet, a question arises: is the medical community prepared for this revolution? India saw a surge in AI investment in 2018, soaring by more than 109%, to reach $665 million. Projections indicate a staggering growth trajectory, with anticipated expenditures reaching $11.78 billion by 2025.
Realising the potential, the industry is making significant investments in technology. The AI in healthcare market is projected to grow from $14.6 billion in 2023 to $102.7 billion by 2028. This is where joining forces with technology partners and vendors will be key, as they will be able to bring their AI skills and scale AI projects.
The author is senior director and GM, CSG, Dell Technologies India
