Cloud and AI continue to be the top area of innovation investment for companies

Cloud and AI top the list of innovation investments by companies according to the latest Transforming Business poll.Racial and gender biases in AI applications are issues no company can ignore. Companies continue to prioritize AI and cloud as key investment targets as they strive to innovate and drive growth into the future, according to the most recent Transforming Business poll.

But the insights available via tools like AI and the cloud can do much more than some companies have figured out."No matter how important customer experience is, however, it is a mistake to believe it is the only operational area that can be transformed using technologies like these," Urquizu wrote.

is one of this year's Transformers, used its technology to analyze vast quantities of scientific research, ultimately surfacing a drug treatment that has been used to treat moderate-to-severe COVID patients. "One positive outcome of COVID-19 is that it has united science and tech for good, accelerating data-sharing agreements and encouraging the open publication of research results." Shields told Insider.

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