AI Isn't the Problem—Fragmentation Is

Yeah, yeah, that's really helpful.

And, you know, to build on that a little bit, you know, we're talking about solving the wrong problem first, right? And AI is very topical these days.

So, you know, many companies are just rushing towards an AI solution.

So, you know, what kind of led you to believe they're solving the wrong problem first? Can you help us understand that a little better?

First of all, let me talk a little bit about AI.

You know, AI is really a transformative and AI really is a tool, right? And this is really important, right? And AI in a regulated industry cannot be bolted in.

Of course, you know, needs to be built inside there.

But a couple of data points for you.

You know, I was at this event just actually this week.

And they were saying last year in the US alone, there was 30, I'm sorry, $11 billion spent on AI for enterprise.

And this year it's up to 37.

So it jumped up like 3X.

Also, nine out of 10 workers now are using AI.

So AI is here and it's going to change things, right? Now, interesting enough in health tech, we're seeing that 70% of companies are now using AI.

And it has jumped a lot.

And actually, they now start seeing really benefit out of it, right? So, which is fantastic.

So, again, AI, we think, is going to really help automate a lot of tasks, which is done today mechanically by people, right? Putting documents together, aligning things together, generating reports and so on, right? It's not going to replace humans yet, but, you know, a lot of this work is being automated and AI is really helping with that.

And I can get into AI in a second, but really what we see is that AI is doing three things for us.

Number one is answering questions, right? So for example, how many products did I ship in the last 30 days, right? Just one example, right? The other one is generating reports for me.

It could be reports, it could be tests.

you know, look at my spec and generate test protocol for me.

But the piece which is very exciting, and I'm sure we're going to get into it, Tom, is what we call the agenting AI.

Agenting AI, think about it as a co-worker on his own sitting in the background and looking at things and automatically does things for you, right? And I think that's really what's going to help MedTech to come in, you know, to a 21st century and even beyond.

So that's a lot of excitement around the agenting AI here.