Mark Benjamin will remain CEO of Nuance, reporting to Scott Guthrie, executive vice president of Cloud & AI at Microsoft. Once the deal is done this calendar year, Nuance’s financials will turn up as part of Microsoft’s Intelligent Cloud segment. The cloud component in healthcare grew annualised revenue run rate by 29 per cent to $386m. Nuance reported a drop in revenue to $1.478bn from $1.521bn in fiscal 2020 ended 30 September 2020. “AI is technology’s most important priority, and healthcare is its most urgent application.”Īs, to be fair, are revenues.
“Nuance provides the AI layer at the healthcare point of delivery and is a pioneer in the real-world application of enterprise AI,” said Microsoft CEO Satya Nadella. It introduced Microsoft Cloud for Healthcare in 2020, and today’s announcement is the latest expensive step in its industry-specific cloud strategy.ĪI is technology’s most important priority, and healthcare is its most urgent application Handy, because Microsoft is keen to sink its claws into the healthcare industry. The company also deals in the dark art of Interactive Voice Response (IVR) as well as virtual assistants, which will doubtless find their way into Teams and Dynamics 365, but healthcare is very much the name of the game. Dragon Medical One can be installed on any Windows-based clinical workstation or laptop. Its software, the company said, can also be found in 77 per cent of US hospitals and makes use of the speech recognition for which it is famed as well as integration with Electronic Health Records (EHR) to ease the burden of clinical documentation. Nuance Dragon Medical One can quickly and painlessly bring your practice into the present and allow you to convert to an EHR with ease.
Nuance lays claim to usage by over 55 per cent of physicians in the US and 75 per cent of radiologists. Now built on Microsoft Azure, the company’s products include the Dragon Ambient eXperience, Dragon Medical One, and PowerScribe One for radiology reporting. Back in 2018, Nuance enraged Apple loyalists by dropping Mac support for Dragon Professional.
Register readers might be more familiar with Nuance’s Dragon line of speech recognition products, which were first acquired by Lernout & Hauspie Speech Products and later folded into Nuance.
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Mac users burned after Nuance drops Dragon speech to text software
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