Artificial Intelligence: Saudi Arabia Ties With Philips To Advance National AI Agenda In Healthcare

February 10, 2021 | Artificial Intelligence, News
https://dailyalts.com/wp-content/uploads/2021/02/KFMC_Main_Hospital.jpg

Saudi Arabia’s National Strategy calls for integrating Data & AI into healthcare.

On Monday, the Saudi Data and Artificial Intelligence Authority (SDAIA) announced a partnership with Dutch technology company Philips (NYSE: PHG) to advance the use of artificial intelligence in Saudi Arabia’s healthcare sector.

Saudi Arabia recently established the Saudi Data & AI Authority (SDAIA) to support and drive the KSA Data & AI agenda incorporated in the Kingdom’s Vision 2030 blueprint. The country is seeking to diversify the economy and improve public service sectors, including healthcare, through the use of modern technology.

Philips and SDAIA

The tie-up with Philips could advance the Kingdom’s strategy to integrate data and AI into healthcare. The move will increase access, enhance preventative care, and accommodate growing demand.

According to a statement, Philips will improve the performance and productivity of healthcare systems through integrated solutions that combine AI with the company’s clinical and operational knowledge and experience.

“Today, this agreement is part of our efforts to promote advanced technologies in the health field, support expertise exchange, and develop national capabilities, which will enhance the quality of health services, create new job opportunities, and elevate our national economy to become a data and AI-driven economy,” said H.E. Dr. Abdullah bin Sharaf Alghamdi, President of SDAIA.

AI-based health technology solutions have great potential to improve patient outcomes and the efficiency of care delivery,” said Frans van Houten, CEO of Royal Philips. “Such solutions can for example free up valuable time for healthcare professionals to focus more on the patients. Getting every aspect of an AI-enabled solution right requires extensive collaboration between clinicians, data scientists, and other experts. That is why we are pleased to partner with the Saudi Data and Artificial Intelligence Authority (SDAIA) to enable AI across all healthcare facilities in the Kingdom of Saudi Arabia as part of Vision 2030.”

Focus areas

  • Establish dedicated AI Knowledge Hub
  • Philips IntelliSpace AI Workflow Suite will host and enable the deployment of multiple AI applications on a single platform in healthcare facilities. Philips’ IntelliSpace Discovery will facilitate the process of generating new AI applications by supporting data integration, training, and deployment in research settings
  • Knowledge exchange with Philips’ top-level partners
  • Establish a robust startup culture by creating new business opportunities around AI in healthcare.

Related Story:  Saudi Crown Prince Calls For AI To Tackle The “New Global Normal”

Image Credit: King Fahad Medical City

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2021/02/bitcoin-5927460_640.jpg
Digital Assets: Corporates Buy More Bitcoin – MicroStrategy $1B; Square $170M
February 24, 2021     Digital Assets, News

MicroStrategy describes bitcoin as “a dependable store of value.” In an announcement today, MicroStrategy (NASDAQ: MSTR) said it had invested an additional $1.026 billion in the purchase of 19,452 bitcoins…

https://dailyalts.com/wp-content/uploads/2021/02/download_url-0617_klarna_highres-25-1.jpg
Venture Capital: Klarna’s Funding Binge On Course For A $1B Raise
February 24, 2021     FinTech, Latest News, News

Bloomberg reports that Klarna Bank AB, the Swedish fintech startup that was valued at $10.65 billion in September, may raise another $1 billion. But this time its valuation could be…

https://dailyalts.com/wp-content/uploads/2021/02/screenshot-www.tyme_.com-2021.02.24-20_04_34.png
FinTech: Tyme Raises $110M For Its Bank In South Africa, ASEAN Expansion
February 24, 2021     FinTech, News

Tyme has partnered with JG Summit to Launch Digital Bank for the Philippines. Digital banking network Tyme announced Tuesday its raise of $110 million from new investors Apis Growth Fund…

https://dailyalts.com/wp-content/uploads/2021/02/china-5089721_640.jpg
Artificial Intelligence: Former Google CEO Schmidt Sounds The Alarm On China’s Prowess In AI
February 24, 2021     Artificial Intelligence, News

Eric Schmidt, who was CEO of Google (NASDAQ: GOOGL) from 2001 through 2011, warned Tuesday that the United States is “one or two years ahead of China, not five or…