Novartis wants to become a data science company with Microsoft's help - Business Insider

This story requires our BI Prime membership. To read the full article,Swiss drugmaker Novartis wants to become a data science company and use artificial intelligence to solve some of the industry's most intractable problems.

The partnership is still very young, but is strategically important to both companies: Novartis wants to prove itself as a tech company, and Microsoft is striving to establish itself as a good partner to healthcare companies.When Bertrand Bodson became digital officer of Novartis – one of the world's largest pharmaceutical companies – in 2018, he found the healthcare industry was rife with problems that could be helped by technology.

agreed that the Swiss drug maker would have learn to behave like a tech company. To solve its most intractable problems, he said, it would have to figure out how to apply artificial intelligence, data science, and other cutting-edge techniques."My sense is its non-negotiable," Bodson told Business Insider on the concept of digital transformation. "But we cannot do this alone.

Nadella in 2018 unveiled a new vision for Microsoft customers – something he calls "tech intensity" – which is the idea companies can get the most out of technology if they not only adopt the latest and greatest products and services, but build on top of them. Nadella has called healthcare AI's "most pressing" application.Bodson and Novartis sought out Microsoft, and met with Lee.

The other side of the partnership is research. The companies, Lee said, takes the "very best researchers from Microsoft Research" and integrates them with some of Novartis' top scientists to establish joint teams to work on "moonshot" projects including macular degeneration, cell and gene therapy, and drug design.

Microsoft also wants to be part of the second half of the equation, too. The company is investing in educational resources, including recently building at any technical level on how to get the most out of its Azure cloud-computing business.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Facebook CEO Mark Zuckerberg: I wouldn't start a new company in Silicon Valley today - Business InsiderFacebook CEO Mark Zuckerberg is the latest to say that Silicon Valley is the last place to launch a new startup. Good. You’ve done enough damage. Zuckerberg ...good? Mark is extremely wealthy but has no taste. He has a $2 haircut and sucks Donald’s weapon of terror... or weapon of laughter which ever the case may be.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Books consultants should read to become better leaders and negotiators - Business Insider'Quiet' by Susan Cain is just one of the bestsellers a Yale School of Management professor requires all of her students to read. nice way to sell the books haha ;) 1) for shame, no mention of Covey's The Eighth Habit 2) no book, written by anyone, can substitute for EXPERIENCE
Source: BusinessInsider - 🏆 729. / 51 Read more »

Warren Buffett could soon become the S&P 500's most veteran CEO - Business InsiderBerkshire Hathaway's boss would be the index's longest-serving CEO if Les Wexner resigns as head of L Brands.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Kids and adults named Alexa are being bullied and Amazon won't help - Business InsiderKids and adults named Alexa are being teased and bullied mercilessly and Amazon won't even acknowledge their cries for help, parents say Alexa, change my parents name to The Snowflakes Oh yeah... They should sue Amazon... What a BS article 😔 Having had a last name that exposed me to lots of bullying I'm not sure you can do about it except to not name your kids 'Alexa'.
Source: BusinessInsider - 🏆 729. / 51 Read more »

A 'snowbird' retirement is expensive, but planning ahead helps - Business InsiderFrom pricing out the costs of owning your second property to preparing for all the surprise expenses that come with it, being a snowbird isn't cheap. Goals...
Source: BusinessInsider - 🏆 729. / 51 Read more »

9 business books that are almost as helpful as getting an MBA - Business InsiderA business degree helps with networking and prestige, but these books cover almost everything else. These are some successful entrepreneurs' picks. RobinMadell This seems like a PR Campaign. https://youtu.be/4lNSLxTBs6g https://youtu.be/0NfF5KluGPQ https://youtu.be/H59WjbUoDNQ https://youtu.be/tjfGR9o_cXE https://youtu.be/p_QjqT8QPao https://youtu.be/ClwXewCiSG0 https://youtu.be/6wpfx-u8eUg https://youtu.be/tXxr1XsSZeg https://youtu.be/auoN5MhIMy0 https://youtu.be/vfjMOLOQQn4 https://youtu.be/vIpGD5Y1rEA
Source: BusinessInsider - 🏆 729. / 51 Read more »