An indication by Microsoft about their seriousness in delivering healthcare.
Microsoft's Nuance Gambit Shows Healthcare Shaping Up as Next Tech Battleground
The Wall Street Journal, Rolfe Winkler; Aaron Tilley, April 14, 2021
Microsoft's $16-billion acquisition of Nuance Communications Inc. comes as the pandemic highlights the healthcare industry's potential as a growth area for technology companies. Analysts say the deal will enable Microsoft to use the speech-recognition software provider as a way to sell more lucrative products and services to its healthcare customers. In addition, Microsoft will be able to integrate the understanding of medical terminology in Nuance's language-processing engine into products like Teams. The Nuance deal follows Amazon’s announcement of plans to roll out telehealth services nationwide. Meanwhile, Apple is selling its iPhone and Apple Watch devices to healthcare providers, and Google is working with two medical systems to make health records searchable. Gartner Inc.'s Gregg Pessin said, "The pandemic response by the healthcare industry has proven the value of technology to healthcare delivery. All the digital giants are paying attention."
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