Microsoft Nuance Purchase Reveals The Next Tech Battleground

Share post:

While the pandemic helped showcase healthcare’s potential as a growth area for tech companies, the recent Microsoft’s $16 billion deal for Nuance Communications Incorporation shows that the next battleground for technology giants will be in healthcare. According to analysts and healthcare executives, the acquisition will help Microsoft tap into Nuance’s big business selling its software to healthcare systems one of which includes the Speech-recognition software developed by Nuance.

According to Microsoft’s chief executive, Satya Nadella, “This coming together is about empowering healthcare. It’s now very clear that healthcare organizations that accelerate their digital investments can improve patient outcomes and reduce cost at scale”. For some analysts, what the recent deal means is that Microsoft will have the ability to use Nuance as a means to sell healthcare customers its more lucrative product and services one of which includes cloud computing.

For more information, read the original story in Wall Street Journal 

Featured Tech Jobs

SUBSCRIBE NOW

Related articles

AI presents an “extinction level threat” – US Gov’t Report: Hashtag Trending for Tuesday, March 12, 2024

A new US government report warns that AI presents an “extinction level threat to the human species. Elon Musk is outsourcing his Grok AI code. Hackers have breached the Cybersecurity and Infrastructure Security Agency in the US and a researcher shows how to steal a Tesla by leveraging a feature of the Tesla charging stations.

Robot startup uses ChatGPT to enhance its communications and reasoning skills

Humanoid robot startup Figure has secured a significant $675 million investment from a group of high-profile investors, including...

Lawsuit requires Pegasus spyware to provide code used to spy on WhatsApp users

NSO Group, the developer behind the sophisticated Pegasus spyware, has been ordered by a US court to provide...

OpenAI claims New York Times manipulated ChatGPT “fabricate data”

OpenAI has challenged the New York Times' copyright lawsuit, asserting the newspaper manipulated ChatGPT to fabricate evidence. The...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways