June 4 – 5 Key Stories From The Digital World

By June 4, 2019 Insight

1. Walmart Joins Pharmaceutical-Tracking Blockchain Consortium MediLedger

  • a consortium building a blockchain for tracking the provenance of pharmaceuticals
  • Unlike Food Trust, MediLedger uses an enterprise version of the ethereum blockchain, built with a modified version of the Parity client and a consensus mechanism called proof of authority
  • MediLedger initially focused on the verification of drugs that are returned to be resold – a sliver of the pharma market, but one that’s still worth over $6 billion

2. DAM Market Set To Top $1 Billion In 2019

  • More than 75% of global software decision makers are implementing or planning to implement DAM
  • provides a central repository that is a single source of truth, and it integrates into downstream technologies to deliver content to omnichannel endpoints
  • AI can help categorize large libraries of content with metadata that wouldn’t otherwise exist or that simply takes too long to enter manually

3. Customer Centricity in the Digital Age

  • AI is helping retailers customize their offerings, create personalized experiences, and make shopping more convenient
  • AI helps companies know which customers are more receptive to their message — and, just as important, which ones aren’t
  • Machine learning and deep learning via AI-powered tools can parse vast troves of customer data in seconds

4. AI generates orthodontic plans to ease dentist burden

  • dentistry is expected to face a workforce shortage in certain parts of the United States
  • organizes each condition mentioned in the treatment protocol, taking into account around 400 types of condition labels, and then performs machine-learned ranking of each extracted medical condition
  • researchers compiled a data set of 990 documents written by dentists, with the conditions and problems in each organized into 423 classes

5. Everything you need to know about hybrid cloud, the $63 billion market that even Amazon is embracing after years of shunning it

  • Hybrid cloud computing enables businesses to use combinations of both public cloud platforms and their own in-house data centers
  • The hybrid cloud market is now worth around $63 billion, and could grow to $155 billion by 2025
  • 2018 Frost & Sullivan survey of US companies found that 68% of respondents said they were planning to embrace a hybrid cloud strategy, up sharply from 29% in 2012