Author: user
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Emergence of Virtual Reality (VR) in healthcare
Introduction According to World Health Organization (WHO), Medication errors alone cost an estimated US$ 42 billion annually. Unsafe surgical care procedures cause complications in up to 25% of patients resulting in 1 million deaths during or immediately after surgery annually. Also, WHO is urging countries and global partners to take immediate action to diminish patient harm within…
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Transforming Retail: Harnessing the Power of Augmented Reality
Introduction Augmented reality, or AR, is not merely a buzzword anymore; it’s a transformative technology that’s reshaping the retail landscape. Augmented reality (AR) offers countless opportunities to improve the retail experience and spur company growth by seamlessly merging digital and physical aspects. Let’s delve into how augmented reality is revolutionizing the way we shop and…
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The Role of Generative AI in Shaping the Future of Healthcare
Overview According to Allied Market Research, Global generative AI in the Healthcare market is projected to experience lucrative growth with a CAGR of 34.9% from 2023 to 2032. Generative AI in Healthcare is expected to reach $30.4B by the end of 2032. Gen-AI technology utilizes advanced deep-learning algorithms to generate various types of content, including text, audio,…
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Transformative Effects of Artificial Intelligence (AI) on Financial Services.
Introduction According to a global survey conducted by McKinsey in 2021, 56% of financial institutions have embraced artificial intelligence (AI) in various operational aspects. This survey has shown a profound evolution within the industry, where AI is increasingly recognized as a catalyst for innovation and efficiency. The rapidly evolving financial services sector has embarked on the Artificial…