AI to expand medtech portfolios, revenue streams: Moody's [Yahoo! Finance]
Smith & Nephew SNATS, Inc. (SNN)
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Source: Yahoo! Finance
The report, which Moody's published Monday, anticipates AI will start to have a positive impact on medical device companies in the next two years. Large companies are best placed to harness AI, the report states, but all companies will need to invest. Moody's sees data management and cybersecurity risk as key credit challenges, noting that companies may need to collect and protect large amounts of sensitive data to succeed in AI. Dive Insight: Moody's, a provider of credit ratings, research and risk analysis, created the report to help understand how AI may affect the credit quality of companies in the medical device, pharmaceutical and healthcare services industries through 2030. In trying to answer that question, the report provides an overview of the ways AI could affect the medical device industry in the coming years. The analysts see AI supporting improved product offerings at medical device companies and cites examples of how companies are already using AI. The report l
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SNN
Sec Filings
- 4/23/24 - Form 6-K
- 4/2/24 - Form 6-K
- 4/2/24 - Form 6-K
- SNN's page on the SEC website