Globant Unveils Report to Tackle AI Myths in Healthcare to Unleash Industry's Full Potential

• The company shares its latest insights on the synergy between professionals and AI in the healthcare system, the enhancement of operational efficiency through AI, and the complexities of data management.
• The report's significance is underscored by projections that global investments in AI for the healthcare sector will experience a tenfold increase by 2030.

SAN FRANCISCO – September 25, 2024 — Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, has launched its new 'Move Your But' report to drive AI adoption in the healthcare industry, showcasing AI's potential to transform patient care and operational efficiency.

This new report delves into the impact of AI in the Healthcare industry and marks the inaugural release in a series of industry-focused reports titled "Move Your But." With this initiative, Globant aims to tackle the common excuses—or "buts"—that organizations use to justify not implementing AI.

The study addresses beliefs that may hinder AI adoption and provides Globant's solutions to these challenges. For instance, despite the belief that 'Healthcare is Personal', and may seem at odds with AI adoption, AI can actually serve as an ideal partner, enhancing personalization by automating routine tasks, thus enabling healthcare providers to concentrate more on patient care. By minimizing human errors, artificial intelligence promises safer healthcare and improved outcomes. An example of this is Globant's collaboration with an organization dedicated to glucose monitoring for diabetes management, which has resulted in a 78% increase in click-through rates, thereby enhancing adherence and management of diabetes."

"Artificial Intelligence possesses a remarkable ability to transform established paradigms, and the healthcare sector is not exempt from its transformative impacts. It’s overcoming hurdles like complex data management and time constraints. The potential of AI in healthcare is crystal clear and is beginning to have a tangible impact. It's revolutionizing billing, operations, and patient safety—raising the bar for quality and accessibility. And there’s more to come," said Lucas Najún Dubos, MD & Healthcare & Life Sciences Partner at Globant.

Addressing 'Data Management Challenges', the report recognizes the complexity of navigating healthcare data. Nevertheless, it acknowledges AI can break down data silos by integrating the data into an efficient navigation system. With AI-driven analytics, Globant has helped healthcare organizations achieve data processing speeds that are 50% faster, along with marked improvements in data management and patient care through solutions like centralized data platforms.

Regarding 'Regulatory Compliance', the report highlights that AI can simplify compliance by adjusting to new regulations while safeguarding data security and patient privacy. Globant’s Navigate Digital Twin platform aids organizations in maintaining compliance and increasing operational efficiency, with results such as 20% cost savings by pinpointing inefficiencies, tripled supply chain flow speeds, and 25% higher productivity through process automation.

The report also delves into the 'Fast-Paced AI Market', highlighting the challenges of keeping up-to-date with AI advancements; 'Change Management', discussing how resistance to change can impede AI adoption; and other pressing issues.

AI: An Expanding Investment for the Healthcare Industry

In terms of market growth and savings, the global AI in healthcare market was valued at USD 15.1 billion in 2022 and is forecasted to surpass USD 187.95 billion by 2030. AI's role in claims processing, overuse, and fraud detection could potentially save the US Healthcare System more than $1 trillion annually.

Globant remains dedicated to maximizing AI's potential to transform patient care and operational efficiency in healthcare, under the supervision of responsible employees. With an AI-centric approach, healthcare organizations can anticipate a future where technology not only complements but also enhances their work, leading to healthier patients worldwide.

You can access the full report here.

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About Globant

At Globant, we create the digitally-native products that people love. We bridge the gap between businesses and consumers through technology and creativity, leveraging our experience as an AI powerhouse. We dare to digitally transform organizations and strive to delight their customers.

 

• We have more than 29,100 employees and are present in 33 countries across 5 continents, working for companies like Google, Electronic Arts, and Santander, among others.

• We were named a Worldwide Leader in AI Services (2023) and a Worldwide Leader in CX Improvement Services (2020) by IDC MarketScape report.

• We are the fastest-growing IT brand and the 5th strongest IT brand globally (2024), according to Brand Finance.

• We were featured as a business case study at Harvard, MIT, and Stanford.

• We are active members of The Green Software Foundation (GSF) and the Cybersecurity Tech Accord.

Contact: pr@globant.com  

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Globant launches Move Your But report