Cognizant And Microsoft Collaborate To To Infuse Generative AI Into Healthcare Administration
Portfolio Pulse from Benzinga Newsdesk
Cognizant and Microsoft have announced a collaboration to integrate generative AI into healthcare administration through the TriZetto platform, which is powered by Azure OpenAI Service. This initiative aims to reduce hidden costs and improve patient outcomes for millions of Americans.
March 06, 2024 | 1:14 pm
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Cognizant's collaboration with Microsoft to use generative AI in healthcare administration could enhance its market position and potentially increase its revenue through the TriZetto platform.
The collaboration with Microsoft positions Cognizant favorably in the healthcare technology market, potentially leading to increased adoption of the TriZetto platform and higher revenues. The focus on reducing costs and improving patient outcomes is likely to attract more clients.
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IMPORTANCE 80
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POSITIVE IMPACT
Microsoft's partnership with Cognizant to deploy generative AI in healthcare via Azure OpenAI Service could strengthen its presence in the healthcare sector and drive Azure's growth.
By partnering with Cognizant, Microsoft leverages its Azure OpenAI Service to penetrate the healthcare market further. This move could enhance Azure's attractiveness to other healthcare providers and payers, driving growth in this sector.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80