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Microsoft, Redmond, Washington, United States: Prerak Garg, Product Strategy and Innovation Leader

Company: Microsoft, Redmond, WA
Company Description: Founded in 1975, Microsoft Corporation is the worldwide leader in software, services, devices, and solutions that deliver new value for customers and help people and businesses realize their full potential. Microsoft employs approximately 221,000 individuals worldwide. Revenues for the most recent fiscal year were $211.9 Billion with net earnings of $72.4 Billion.
Nomination Category: Management Categories
Nomination Sub Category: Tech Innovator of the Year - Software
2024 Stevie Winner Nomination Title: Prerak Garg, Product Strategy and Innovation Leader
  1. Which will you provide for your nomination in this category, an essay of up to 650 words describing the achievements of the nominated management team, group, or individual since January 1 2022, OR a video of up to five (5) minutes in length describing the same? CHOOSE ONE:
    An essay of up to 650 words
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video:

     

  3. If you are providing an essay of up to 650 words, place it in this space:

    Total 648 words used.

    Introduction

    Prerak Garg currently serves as Senior Director [REDACTED FOR PUBLICATION] at Microsoft in the Cloud & AI unit. His >10-year tenure in technology is marked by pioneering software products, guiding Fortune 500 executives through digital transformations, and leading industry-shaping initiatives.

    Before joining Microsoft, Prerak held impactful roles at McKinsey as Manager [REDACTED FOR PUBLICATION], where he helped Fortune 500 companies innovate and improve their performance with these solutions. An alumnus of the Wharton School, Prerak also holds a bachelor's degree from the Indian Institute of Technology.

    DAX Copilot Innovation

    His award candidacy is based on his leadership and pioneering work at Microsoft, where he developed DAX Copilot, the first fully automated, cloud-based clinical documentation solution using large language models to address physician burnout in healthcare.

    U.S. physicians spend ~2 hours daily on documentation outside work hours, a practice dubbed as late-night "pajama time." Owing to this burden, ~42% of physicians feel burnt out and want to leave the occupation.

    Prerak Garg wrote an internal whitepaper outlining the vision for using Generative AI to tackle this challenge, detailing market opportunity, technical feasibility, and product strategy. [REDACTED FOR PUBLICATION]

    Subsequently, Prerak led [REDACTED FOR PUBLICATION] team to develop and launch DAX Copilot in October 2023 [REDACTED FOR PUBLICATION].

    DAX Copilot has seen tremendous success, with rapid adoption by major US health systems like Atrium Health, Mass General Brigham, UPMC, and hundreds more. [REDACTED FOR PUBLICATION]

    DAX Copilot is currently estimated to save U.S. doctors > 1.5 hrs/day, markedly diminishing their administrative load. 97% of doctors who have used the product state they would be disappointed to go without it. A few customer quotes:

    I am about to leave town for a week with a cleaner desktop than ever! Honestly, I might end up saving more than 8 hours a week” - Medical Director at Atrium Wake Forest

    I will add that adding DAX has changed my life. I use DAX with all of my patients now. I have not touched Epic on the weekends. Such sweet freedom.”- Physician at Providence

    This radical innovation has attracted significant attention, recognized at conferences like HIMSS 2023 and by major media outlets such as CNBC and CBS as a major advancement in healthcare. It marks healthcare's first successful SaaS implementation, setting a precedent for future innovations.

    Prerak Garg’s Wider Industry Recognition

    As a result of his work on DAX Copilot and other contributions to the field, Prerak has been widely recognized in the field, and identified as a top innovator:

    1. Fellow Memberships: He has received the highly prestigious Fellow Membership at British Computer Society (BCS) and Institute of Engineering and Technology (IET) given to top 1%
    2. Media Coverage: TechTimes, Entrepreneur, and Benzinga have exclusively featured his work [REDACTED FOR PUBLICATION]
    3. Judging: He has been invited to judge at prominent industry awards, such as Mass Challenge, Cloud Awards, Webby, Globee, Edison, Conrad, and others
    4. Speaker Invitations: He has received unsolicited invitations to speak at prominent conferences and forums, e.g., World AI Cannes, Network Capital, Wharton Business School, and Berkeley University
  4. In bullet-list form, provide a brief summary of up to ten (10) of the chief accomplishments of the nominee(s) since January 1 2022. This is required whether you are submitting a video or an essay:
    • Illustrious >10-year journey in technology marked by pioneering software products, guiding Fortune 500 executives through digital transformations, and leading industry-shaping initiatives.
    • Senior Leader in an exclusive group that directly advises Microsoft [REDACTED FOR PUBLICATION] Leadership Team on major strategic, path-shaping decisions
    • Innovated DAX Copilot that transcribes patient and physician conversations into medical notes, saving physicians 2 hours/day, reducing their burnout, and improving patient outcomes.
    • DAX Copilot has been identified as the most significant innovation in healthcare space by major media (CNBC, CBS, NYTimes) [REDACTED FOR PUBLICATION]
    • Led integration of $19B Nuance and $500M RiskIQ acquisitions into Microsoft
    • Led GitHub’s expansion into areas like CI/CD, and directed significant changes in their product, go-to-market strategy, and business model, doubling growth rate in 2 years
    • Earned widespread recognition, including prestigious fellowships (BCS and IET), media features (Tech Times, Entrepreneur), and roles as a judge and speaker at major industry events (World AI Cannes, Webby, Wharton, etc.)
    • [REDACTED FOR PUBLICATION]
Attachments/Videos/Links:
Prerak Garg, Product Strategy and Innovation Leader
URL CNBC coverage of DAX Copilot (earlier called DAX Express)
URL Entrepreneur Inc Article on Prerak Garg's Contributions
URL Tech Times Interview of Prerak Garg
URL World AI Cannes Keynote
URL IADAS membership / Webby Judge
URL LinkedIn Profile
URL Network Capital Masterclass
URL Globee Judge
URL Fierce Healthcare Coverage of DAX Copilot