5 Key Stories From The Digital Worlds

June 4

BY NABYL CHARANIA

1. 

WALMART JOINS PHARMACEUTICAL-TRACKING BLOCKCHAIN CONSORTIUM MEDILEDGER

  • A consortium building a blockchain for tracking the provenance of pharmaceuticals.
  • Unlike Food Trust, MediLedger uses an enterprise version of the ethereum blockchain, built with a modified version of the Parity client and a consensus mechanism called proof of authority.
  • MediLedger initially focused on the verification of drugs that are returned to be resold – a sliver of the pharma market, but one that’s still worth over $6 billion.

2. 

DAM MARKET SET TO TOP $1 BILLION IN 2019

  • More than 75% of global software decision makers are implementing or planning to implement DAM.
  • Provides a central repository that is a single source of truth, and it integrates into downstream technologies to deliver content to omnichannel endpoints.
  • AI can help categorize large libraries of content with metadata that wouldn’t otherwise exist or that simply takes too long to enter manually.

3. 

CUSTOMER CENTRICITY IN THE DIGITAL AGE

  • AI is helping retailers customize their offerings, create personalized experiences, and make shopping more convenient.
  • AI helps companies know which customers are more receptive to their message — and, just as important, which ones aren’t.
  • Machine learning and deep learning via AI-powered tools can parse vast troves of customer data in seconds.

4. 

AI GENERATES ORTHODONTIC PLANS TO EASE DENTIST BURDEN

  • Dentistry is expected to face a workforce shortage in certain parts of the United States.
  • Organizes each condition mentioned in the treatment protocol, taking into account around 400 types of condition labels, and then performs machine-learned ranking of each extracted medical condition.
  • Researchers compiled a data set of 990 documents written by dentists, with the conditions and problems in each organized into 423 classes.

5. 

EVERYTHING YOU NEED TO KNOW ABOUT HYBRID CLOUD, THE $63 BILLION MARKET THAT EVEN AMAZON IS EMBRACING AFTER YEARS OF SHUNNING IT

  • Hybrid cloud computing enables businesses to use combinations of both public cloud platforms and their own in-house data centers.
  • The hybrid cloud market is now worth around $63 billion, and could grow to $155 billion by 2025.
  • 2018 Frost & Sullivan survey of US companies found that 68% of respondents said they were planning to embrace a hybrid cloud strategy, up sharply from 29% in 2012.