Microsoft is forging alliances with the likes of Walgreens and a massive hospital system in its own backyard to win a bigger piece of an $11 billion market

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Microsoft's Peter Lee said that the partnerships have helped the company develop the right cloud and platform technologies for the healthcare industry.

In its partnership with Walgreens, Microsoft came across the challenge of dealing with retail data coming from the purchases consumers made at the pharmacy, as well as with data coming from health providers, insurers and the pharmacy itself.The head of healthcare at Microsoft lays out the 3 ways AI will actually transform healthcareOver the past five years, Providence St.

Alphabet, Google's parent company, has a number of bets in healthcare, ranging from Verily, its life-sciences arm that's developing surgical robots, to Calico, its life-extension spin-off. It also owns a stake in the insurer Oscar Health. The way Lee sees it, there are three parts to the strategic partnerships. The first two have to do with modernizing how the companies store data and giving employees of those companies tools like Microsoft's productivity software.

 

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