ADVFN - Advanced Financial Network.
HOME» NASDAQ » N » NUAN Stock Price » NUAN Stock News

Nuance Communications Share News

 Nuance Communications (mm) Stock Price
NUAN Stock Price
 Nuance Communications (mm) Stock Chart
NUAN Stock Chart
 Nuance Communications (mm) Stock News
NUAN Stock News
 Nuance Communications (mm) Company Information
NUAN Company Information
 Nuance Communications (mm) Stock Trades
NUAN Stock Trades

IBM Moving Watson Supercomputer Beyond 'Jeopardy' To Health-Care

By Shara Tibken Of DOW JONES NEWSWIRES After trouncing "Jeopardy!'s" best and brightest, International Business Machines Corp.'s (IBM) Watson supercomputer is on to a new challenge--health-care. IBM said it has reached a research agreement with Nuance Communications Inc. (NUAN), a provider of speech-recognition technology, to "explore, develop and commercialize" the Watson computing system's advanced analytics capabilities in the health-care industry. Columbia University Medical Center and the University of Maryland School of Medicine will be providing their medical expertise and research. Watson, powered by 90 servers and 360 computer chips, was built over the past four years by a team of IBM researchers who set out to develop a machine that could quickly answer complex questions involving puns and wordplay. The room-sized system competed against former "Jeopardy!" champions Ken Jennings and Brad Rutter for three nights this week, finally winning the challenge Wednesday with a score of $77,147. Jennings finished with $24,000 and Rutter had $21,600. The victory nets Watson a total prize of $1 million, which IBM will be donating to charity. Jennings and Rutter get $300,000 and $200,000, respectively, with plans to donate half to charities. After optimizing Watson for "Jeopardy!" play, IBM researchers are working to apply the system to business uses, such as helping physicians and nurses find answers within huge volumes of information. A doctor considering a patient's diagnosis could use Watson's analytics technology along with Nuance's voice and clinical language understanding offerings to rapidly consider all the related texts, reference materials, prior cases and latest knowledge in medical journals to gain information from more potential sources then previously possible, making the physician more confident in the patient's diagnosis, IBM said. "Combining our analytics expertise with the experience and technology of Nuance, we can transform the way that health-care professionals accomplish everyday tasks by enabling them to work smarter and more efficiently," Dr. John E. Kelly III, senior vice president and director of IBM Research, said in a press release. IBM and Nuance expect their first commercial offerings to be available in 18 to 24 months. Katharine Frase, one of the IBM researchers working on business applications for Watson, said in an interview with Dow Jones Newswires that IBM is considering expanding Watson to other uses such as call centers, knowledge management and training of new employees in technical fields, financial sector applications and law--though she noted it is uncertain if there's a business model to support the law application. "First we figure out the characteristics of uses that need the technology," Frase said. "Then we figure out a business model, how we deliver the service and who's the customer...Not every business problem needs Watson." She said IBM has been fielding calls from clients, asking if Watson can help with their problems. IBM expects some customers will want to build versions of Watson behind their own firewalls, while others will want to access its capabilities as a cloud-delivered service. "There's a lot we don't know right now," Frase said. "We'll start with the medical realm and learn as we go along." -By Shara Tibken, Dow Jones Newswires; 212-416-2189; shara.tibken@dowjones.com

Stock News for Nuance Communications (NUAN)
DateTimeHeadline
05/07/201518:04:45Nuance Sounds a Lot Better After Its Latest Earnings Report
05/07/201516:32:27Current Report Filing (8-k)
05/07/201516:01:00Nuance Announces Second Quarter Fiscal 2015 Results
05/05/201522:07:08Why Nuance Communications Needs Earnings Growth Now
05/01/201517:05:26Statement of Changes in Beneficial Ownership (4)
05/01/201517:00:00Nuance Appoints Robert Finocchio to its Board of Directors
05/01/201516:30:45Statement of Changes in Beneficial Ownership (4)
05/01/201516:28:09Statement of Changes in Beneficial Ownership (4)
04/28/201520:13:46Nuance Communications Cut to "Hold" at Vetr Inc. (NUAN)
04/28/201508:00:00Nuance Voice Biometrics Chosen by SK Telecom to Offer Easy and...
04/23/201508:00:00Nuance to Release Q2 FY 15 Results on May 7, 2015
04/14/201500:13:08Nuance unveils mobile dictation app, smartwatch integration
04/13/201508:03:00Nuance, MEDITECH, IMO Collaboration to Automate Patient Problem...
04/13/201508:00:00Nuance to Showcase New Clinical Documentation Tools for Mobile...
04/02/201516:13:18Statement of Changes in Beneficial Ownership (4)
03/30/201508:00:00Nuance Survey Reveals Patients Value Technology, but not at the...
03/26/201516:24:48Statement of Changes in Beneficial Ownership (4)
03/20/201516:23:44Statement of Changes in Beneficial Ownership (4)
03/04/201516:19:14Statement of Changes in Beneficial Ownership (4)
03/03/201508:00:00Acer Ships Swype across Its Global Android Smartphone Portfolio

Nuance Communications and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad