March 27, 2025

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AI Revolutionizes Industries with Breakthroughs in Healthcare, Payments, and Space Exploration

The past year has seen significant advancements in artificial intelligence (AI) across various industries, with many companies and organizations adopting AI technologies to enhance productivity, automate workflows, and accelerate decision-making. From the healthcare sector to the payments industry, AI has been transforming the way businesses operate and making a meaningful impact. However, with the increased adoption of AI, there are also concerns about the security and risks associated with it. As AI continues to evolve, it's essential to stay informed about the latest trends, applications, and challenges in the field.

AI Scribes Reduce Burnout but Have Limited Financial ROI

A recent assessment of AI scribe technologies found that these tools decrease burnout and cognitive load for clinicians but have not proven a financial return on investment. The AI scribe market has grown rapidly, but the healthcare industry lacks standardized metrics to determine the value of this technology. The study, which compiled existing evidence alongside eight health systems, 10 vendor companies, and outside experts, categorized the measures into process metrics, clinician experience metrics, financial metrics, and quality metrics. While AI scribes have not achieved significant return on investment to date, they have been shown to reduce physician burnout, with some organizations reporting a 40% relative reduction in reported burnout.

AI-Powered Assistant to Simplify Global Trade for SMEs

Beebolt has announced a new platform designed to help small and medium enterprises navigate international trade complexities. The solution aims to democratize access to global trade expertise, enabling businesses of all sizes to compete effectively in international markets. The platform, powered by AI technology, addresses common challenges in the international trade process through four integrated components: the AI Trade Assistant, Trade Calculators, Trade Alerts, and Knowledge Hub. With this platform, companies will be able to predict, plan, and prevent disruptions more effectively and increase both their capabilities and collaboration opportunities.

Ortto Unveils AI-Powered Automation

Ortto has launched an advanced suite of AI-powered features designed to help businesses work smarter, optimize campaigns faster, and make better decisions with ease. The new features, known as Ortto AI, include AI Filters, AI Decision Shapes, and AI Enrichment, which can automate complex processes, reduce manual effort, and improve decision-making across marketing and sales functions. Beta testing has already demonstrated that customer lifecycle journeys and granular cohorts can be created 26% faster within Ortto's marketing automation tools.

How Lab Leaders Can Maximize AI Investments

A research briefing from the MIT Center for Information Systems Research (CISR) offers critical insight into maximizing AI investments in laboratory environments. The report identifies three key principles that laboratory managers and scientific leaders should consider when making AI investments: investing in practices that build AI-ready capabilities, involving the entire lab in the AI journey, and focusing on realizing tangible value from AI projects. By following these principles, labs can develop the underlying capabilities that make AI successful, engage staff at all levels to brainstorm real-world lab challenges, and align AI projects with business or research objectives.

AI in the Enterprise: 5 Key Findings

A recent report examines the intersection of enterprise AI usage and security, drawing insights from 536.5 billion AI/ML transactions. The report reveals that AI/ML usage surged exponentially, with transactions increasing 36x year-over-year, and that enterprises blocked a large proportion of AI transactions due to concerns over data security. The report also found that the US and India drive the most AI/ML traffic and that finance and insurance, and manufacturing dominate AI adoption. Additionally, AI-driven cyber risks are escalating, with threat actors leveraging AI to enhance phishing campaigns and create realistic deepfake content.

Lenovo Study: ASEAN+ Leads in Hybrid AI Adoption

A study by Lenovo has found that ASEAN+ leads in hybrid AI adoption, with 68% of organizations in the region using hybrid or on-prem GPUs and CPUs for AI. The study also found that business leaders and IT decision-makers confirm the accelerating shift toward return of investment (ROI)-driven-AI investments, with organizations increasing AI spending by 3.3 times in AP and 2.7 times in ASEAN+. Despite the gradual rise in AI spending, AI adoption in ASEAN+ remains in the early stages, with 47% of organizations either evaluating or planning to implement AI within the next 12 months.

Payments Has Embraced Artificial Intelligence

The payments industry has widely adopted artificial intelligence, with many companies using AI to enhance productivity, automate workflows, and accelerate decision-making. However, the next step beyond generative AI is now emerging, in the form of agentic AI, which has the potential to deliver much of the promise of artificial intelligence. Agentic AI is about autonomy, with AI agents intended to act independently, making complex real-time decisions and learning dynamically in the process. This technology has the potential to transform enterprise workflows and is expected to have a significant impact on the payments industry.

Data and Artificial Intelligence: The Fuel Behind Space Discovery

Data and artificial intelligence are playing a critical role in space exploration, with AI tools such as machine learning algorithms being used to facilitate and enable real-time decision-making. The goal is to develop spacecraft capable of real-time situational analysis, enabling them to make autonomous decisions and further optimize space missions. However, there are several challenges to implementing AI-enhanced spacecraft, including limited onboard computing power, bandwidth limitations, and communication delays. Despite these challenges, the use of AI in space exploration is expected to continue to grow, with private sector collaboration key to helping transform space missions.

Image Recognition Artificial Intelligence Startup Selected in Top-20 Explainable-AI Startups

Z Advanced Computing, Inc. (ZAC) has been selected as one of the top-20 Explainable-AI (XAI) startups in the world. ZAC has developed and demonstrated the detection of complex 3D objects from any view angle, with less than 10 training samples, and has also demonstrated learning the concept of an object in one domain/mode and later finding the same object in another domain/mode with no additional training samples. ZAC's Cognitive Explainable-AI (CXAI) algorithms have many major advantages over other AI/ML algorithms, including the industry's state-of-the-art, such as Deep Convolutional Neural Networks (CNN).

TCS Partners Air New Zealand for AI

Technology giant TCS has entered into a five-year partnership with Air New Zealand to upgrade the airline's digital infrastructure and lead in AI-driven innovation. The collaboration focuses on boosting Air New Zealand's digital capabilities, enhancing customer experience, and improving operational efficiency across areas such as fleet management, crew scheduling, and ground services. The partnership comes as New Zealand's Prime Minister, Christopher Luxon, discusses a free-trade agreement with India and expanding bilateral trade, with research, scientific connections, technology partnerships, and innovation being an essential pillar of the bilateral partnership.

Key Takeaways

  • AI is being widely adopted across various industries, including healthcare, payments, and space exploration.
  • AI scribes are reducing burnout and cognitive load for clinicians, but have not proven a financial return on investment.
  • Agentic AI is emerging as the next frontier of artificial intelligence, with the potential to deliver much of the promise of AI.
  • Data and artificial intelligence are critical to space exploration, with AI tools being used to facilitate and enable real-time decision-making.
  • The use of AI in space exploration is expected to continue to grow, with private sector collaboration key to helping transform space missions.
  • AI adoption in ASEAN+ remains in the early stages, with 47% of organizations either evaluating or planning to implement AI within the next 12 months.
  • The payments industry has widely adopted artificial intelligence, with many companies using AI to enhance productivity, automate workflows, and accelerate decision-making.
  • Image recognition artificial intelligence startup ZAC has been selected as one of the top-20 Explainable-AI (XAI) startups in the world.
  • TCS has partnered with Air New Zealand to upgrade the airline's digital infrastructure and lead in AI-driven innovation.

Sources

Artificial Intelligence AI Adoption AI Applications AI in Healthcare AI in Payments AI in Space Exploration Explainable AI