How AI is Transforming the Healthcare Industry | #JPMHC19 | J.P. Morgan

greetings from JPMorgan's 37th annual healthcare conference my name is Harlan sir Omni semiconductor semiconductor capital equipment analyst here for the firm and for the first time in the history of the healthcare conference we have a semiconductor company presenting Nvidia a leader in visual and computing silicon and systems and joining us here today from Nvidia is Kimberly Powell vice president for healthcare at Nvidia so thank you for joining us today Kimberly thank you it's a real honor to be here great thank you and the first question that I want to ask which is a high level question which is why did the Nvidia team make the decision to participate in our healthcare conference this year well we've been working in healthcare for over 10 years we've been heavily focused in in medical imaging and life sciences and drug discovery and with the the real burgeoning artificial intelligence community what we've seen is the last five six years the the research community in all facets of healthcare have really embraced artificial intelligence and we're seeing this make its way into all of the different practices of healthcare everything from you know reinventing how we're doing genomics and drug discovery to the clinical care process and even getting now into preventative care and all the different sensors that are entering this space so as an AI computing company it seemed like a you know a perfect time for us to come talk to this community connect with all of the leaders here I mean everyone in the industry is here there you know startups are here large companies are here the provider space is here the payer space is here and with artificial intelligence it's the time to connect with all of these all of these parts of the ecosystem in healthcare and really enable them to get on this AI track you know for a leader like Nvidia and the technology space you know and focusing on healthcare you know from your perspective what are some of the important technology transformations that are happening in healthcare more importantly how is Invidia set up to take advantage of those technology inflections yeah sure if you look at just in the last five years new devices and instruments are entering the marketplace that are allowing for new capabilities you wouldn't say that genomics was sort of mainstream five years ago but today I think it's going pretty mainstream it's become becoming part of the the clinical care process you're seeing new genomics devices that are being held in the palm of your hand and democratizing the ability to do genomics you see new instruments for drug discovery like electron microscopy that won the Nobel Prize allowing us to see the structure of proteins we were never able to see before and if you just look at it from the perspective of these are the instruments that are going to drive the journey towards precision medicine and if you think about how difficult and complex the data that they're generating the size that it is and the fact that you know biology is one of our biggest you know data challenges this is the time that artificial intelligence and NVIDIA has it as an AI computing company can make the contribution to the entire pipeline from the acquisition of this data to the analysis of this data and all the way into the integration of the data to really really find our way towards more and more precision medicine to technologies and the one thing that that I've always appreciated about Nvidia and Jensen the CEO and founder of Nvidia is that he's always very forward-thinking always thinking about the next five to ten years and so as you think about your healthcare leadership in your health care franchise thinking out longer-term over the next five to ten years what are you most excited about what do you think is going to be that next big inflection point for your franchise looking out to that time period yeah sure they the radiology industry is it's kind of on the short-term we hit an inflection point in 2018 we're seeing hundreds of AI applications enter the medical imaging space and it's affecting everything from the operations of the radiology practice to the Diagnostics of the practice to even doing things we were never able to do before like detect biomarkers through the images so radiology is absolutely going to be one of the the fastest moving adopters of artificial intelligence and it's going to transform that entire industry and that's going to affect patients and clinical and the providers so that that space is is really going to benefit rapidly some of the other areas that I think are incredibly interesting is it's absolutely drug discovery we just talked about new instruments new amounts of data and we know that there is a challenge a major major challenge and drug discovery and the time that it takes and the cost that it takes to introduce drugs to the market so being able to employ high performance computing accelerated computing and AI technologies to start doing things more in silico than it is always done you know in the web lab to accelerate that process all the way through the clinical trial process that's where I can see huge data problems and an absolute need to employ techniques like artificial intelligence and then thirdly you know as a benefit of being today a healthy person and having young children I really look to the future of preventative medicine with all of the technology we're building in in the world today with digital wearables and the fact that genomics is becoming mainstream connecting your genetic disposition to what's happening in your everyday life so that we can prevent illness from happening that's where I see the future and then I think lastly I'm always interested and I think the audience is always interested for very very successful executives like yourself you know the career path you know you've got a background in engineering and tech did you always know that this is something that you wanted to do no I didn't I really enjoyed math and science in high school I actually started as an international business student but as soon as I got into calculus for business I really started to miss my math roots and and I decided to take a look at Electrical Engineering because we were in that era of computers we're going to create new capabilities for all areas of science engineering and technology and I thought if there's one place I should be it should be in engineering and so I chose the electrical engineering path and and started my internship in a medical imaging diagnostic medical imaging company and immediately then I realized being being able to help people through technology was a real real honor to be a part of if you can't help people directly if I'm not a trained doctor directly how could we take this technology and then indirectly affect the care of patients and so from then on I just never looked back and and it's just been an honor to be able to start the practice here at Nvidia well we really want to thank you for your insights in your participation in the healthcare conference this year thank you very much thank you for inviting us and letting us be the first tech company to present it's been a real honor and a great great conference great thank you thank you you

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