Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Bruce Markets obtains strategic investment from Apex Fintech Solutions, Robinhood, and Tastytrade.

July 23, 2025

The London-based Fintech Platform Secures Significant Funding for Currency Exchange Solutions

July 23, 2025

The field of fintech engineering is a fast-growing profession that values curiosity.

July 23, 2025

CSUF Business Graduate Launches Finch Startup

July 23, 2025
Facebook X (Twitter) Instagram
Trending
  • Bruce Markets obtains strategic investment from Apex Fintech Solutions, Robinhood, and Tastytrade.
  • The London-based Fintech Platform Secures Significant Funding for Currency Exchange Solutions
  • The field of fintech engineering is a fast-growing profession that values curiosity.
  • CSUF Business Graduate Launches Finch Startup
  • How financial services firms leverage agency AI to enhance productivity, efficiency, and security
  • The FRA authorizes Endtech’s expansion and the establishment of three new startups.
  • Finxtex Middle East 2025 offers exclusive opportunities to access fintech markets through a visit to three cities.
  • Trends in Fintech and Key Safety Considerations
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    This Week in Fintech: Biweekly News Summary for June 24

    July 19, 2025

    Fintech and Global Expansion as Russia’s National Center Hosts a Major Session at SPIEF 2025 in Salt Lake City News, Weather, and Sports Updates

    July 15, 2025

    Alona Shevtsova emphasizes the importance of connection at the recent London Fintech Club event – London Business News

    July 15, 2025

    Unicorn Bank Zero represents the final achievement of his fintech journey.

    July 9, 2025

    Fintech Company Pine Labs Submits Documents to SEBI for IPO Fundraising

    July 4, 2025
  • AI

    How financial services firms leverage agency AI to enhance productivity, efficiency, and security

    July 23, 2025

    The evolution of AI-driven financial content creation and its influence on investment research.

    July 22, 2025

    How AI Developments will Transform Global Financial Services

    July 21, 2025

    Sounds, Explosions, and Hazardous Zones in Safety

    July 21, 2025

    Cetera introduces a new AI platform for financial advisors.

    July 20, 2025
  • Acquisitions

    African fintech leaders are shaping the industry through worldwide acquisitions.

    June 30, 2025

    Acrisure obtains significant funding to enhance its fintech strategy.

    June 14, 2025

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025

    Wealthsimple hires multiple teams to enhance family financial management.

    May 31, 2025

    The HPS of Morocco plans to acquire a Fintech company by 2027, referred to as CEO – TradingView News.

    May 3, 2025
  • Trends

    Trends in Fintech and Key Safety Considerations

    July 22, 2025

    Market size, share, trends, and business profiles in the Fintech industry

    July 10, 2025

    Overview of the FINCH 2025 Market and Participant Profiles

    July 5, 2025

    Key Trends and Focus Areas in Fintech Payments for 2025

    June 22, 2025

    Overview of the Singapore Fintech Market: Market Size, Trends, and Growth Potential

    June 18, 2025
  • Insights

    Bruce Markets obtains strategic investment from Apex Fintech Solutions, Robinhood, and Tastytrade.

    July 23, 2025

    ICAPITAL Fintech Achieves a Valuation Exceeding $7.5 Billion in Recent Fundraising Amid Surge in Private Markets

    July 10, 2025

    Alphalésaka Technologies: The Potential Transformative Impact of Recent Fintech Acquisition

    July 9, 2025

    Surge Continuation Funds in Europe Prepared for the 2025 Records – Fintech Schweiz Digital Finance News

    July 7, 2025

    Schaeffer Investment Research Scholarships Break Through Significant Resistance Levels

    June 27, 2025
  • Rumors

    Fast Track Group refutes $37 million in direct supply allegations and responds to market speculation.

    July 21, 2025

    Pro-Ripple attorney addresses XRP and Circle speculation on TradingView News

    July 19, 2025

    Exploring the Enigmatic Surge of 7.5% in Semiconductors: An In-Depth Technical Analysis

    July 18, 2025

    The dollar is affected by speculation about Powell in the markets.

    July 17, 2025

    Tesla has announced that the new six-seat YL model will launch in China later this year.

    July 17, 2025
  • Startups

    The London-based Fintech Platform Secures Significant Funding for Currency Exchange Solutions

    July 23, 2025

    CSUF Business Graduate Launches Finch Startup

    July 23, 2025

    The FRA authorizes Endtech’s expansion and the establishment of three new startups.

    July 22, 2025

    Finxtex Middle East 2025 offers exclusive opportunities to access fintech markets through a visit to three cities.

    July 22, 2025

    The co-founder of Monzo and Starling is backing the British fintech company Monet.

    July 22, 2025
  • finjobsly
fintechbits
Home » Addressing Healthcare Gaps with Artificial Intelligence – Technology News
AI in Finance

Addressing Healthcare Gaps with Artificial Intelligence – Technology News

3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Fotojet 2025 06 15t013635.982.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Philips Innovation Campus: Redefining Health Care through AI

Imagine a cutting-edge AI-driven electric razor that tailors your shaving experience based on the unique characteristics of your hair and skin. Now consider Philips Lumea, a revolutionary home hair removal device utilizing intense pulsed light technology (IPL) that gradually diminishes hair growth. These advancements exemplify the groundbreaking innovations emerging from the Philips Innovation Campus (PIC) in Bengaluru.

A Hub of Technological Innovation

Established in 1996, the Philips Innovation Campus serves as a microcosm of the company’s global operations, encompassing various commercial units and functional divisions. With a vast 650,000 square feet facility in Yelahanka, the campus has seen an investment of ₹500 crore as of November 2023, employing approximately 4,500 professionals dedicated to pioneering advancements in health technology.

AI and the Future of MRI Technology

Arvind Vaishnav, Head of the Philips Innovation Campus, emphasizes that it has become the largest innovation center for Philips, particularly in the realm of software expertise and AI applications. The campus harbors the world’s leading R&D team for Magnetic Resonance Imaging (MRI), focusing on innovations like helium-free technology and imaging powered by AI. These advancements aim to enhance diagnostic precision, operational efficiencies, and promote environmentally-friendly practices in the healthcare sector.

Enhancing Diagnostic Processes

According to Vaishnav, AI significantly revolutionizes MRI technology, reducing scan times by up to 50% while simultaneously enhancing image clarity. AI-driven algorithms facilitate real-time analysis, providing more accurate diagnostics for complex conditions like neurological disorders and cancers. Recently, the introduction of Smartspeed precise technology has markedly improved both scanning speed and diagnostic image quality, extending AI efficiencies across the entire Philips MRI portfolio.

Revolutionizing Minimally Invasive Treatments

Minimally invasive treatments have advanced due to two key medical innovations over the last century. First, endoscopy facilitated access to and treatment of internal organs. The integration of real-time imaging with therapeutic procedures further transformed diagnostics. By converting traditional black-and-white X-ray images into 3D visuals almost instantly, technologies like computed tomography and fluoroscopy allow medical professionals to perform procedures with unmatched accuracy.

Smart Solutions for Healthcare Workflow

Additionally, Philips has developed a range of AI-driven “precise” software solutions that streamline CT workflow processes. These innovations alleviate the burden of routine tasks for technicians and radiologists, enabling them to spend more time focusing on patient care. AI is utilized to enhance diagnostic imaging quality, optimize movement corrections, and improve workflow efficiency.

Pioneering Surgical Robotics

In the realm of surgical robotics, the Philips Innovation Campus is at the forefront, developing platforms like Azurion. These platforms combine robotics, AI, and augmented reality to facilitate minimally invasive surgical procedures. The campus also works on the company’s comprehensive workflow suite, which integrates AI applications to enhance radiology practices, ultimately aiming to better patient outcomes.

Philips’ Expanding Ecosystem in India

The Innovation Campus is an integral component of the larger Philips ecosystem in India, which also includes a Health Care Innovation Center in Pune, focusing on integrated R&D and manufacturing. The Chennai facility serves as the global capability center, while the headquarters in Gurgaon houses the majority of the sales team. Recently, Philips announced plans to establish a new health innovation center in Pune, further solidifying its commitment to advancements in healthcare technology.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

How financial services firms leverage agency AI to enhance productivity, efficiency, and security

July 23, 2025

The evolution of AI-driven financial content creation and its influence on investment research.

July 22, 2025

How AI Developments will Transform Global Financial Services

July 21, 2025
Leave A Reply Cancel Reply

Latest news

Bruce Markets obtains strategic investment from Apex Fintech Solutions, Robinhood, and Tastytrade.

July 23, 2025

The London-based Fintech Platform Secures Significant Funding for Currency Exchange Solutions

July 23, 2025

The field of fintech engineering is a fast-growing profession that values curiosity.

July 23, 2025
News
  • AI in Finance (1,389)
  • Breaking News (158)
  • Corporate Acquisitions (65)
  • Industry Trends (179)
  • Jobs Market News (294)
  • Market Insights (192)
  • Market Rumors (253)
  • Regulatory Updates (151)
  • Startup News (932)
  • Technology Innovations (155)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,389)
  • Breaking News (158)
  • Corporate Acquisitions (65)
  • Industry Trends (179)
  • Jobs Market News (294)
  • Market Insights (192)
  • Market Rumors (253)
  • Regulatory Updates (151)
  • Startup News (932)
  • Technology Innovations (155)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.