AI solutions have now been proven to be useful throughout the technology industry, most notably in HCIT and Life Sciences. In the last two years, the excitement surrounding artificial intelligence and its potential to transform businesses has rippled through every corner of the market. With automation simplifying time-consuming workflows and enhancing decision-making, businesses are expecting their investments in AI to complete tasks faster and more efficiently than ever before. The market size for AI in healthcare is estimated to be $5B in 2024, growing over 75% annually and surpassing $22B by 2027.
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