Roman Chernyshev, the leader of Healthcare & Life Sciences practice, shares his view on medical wearables, “smart artificial limbs”, conservatism of the industry and Big Data in medicine.
– Who are the leaders in the medtech market – start-ups or corporations?
– It’s quite a difficult question to answer. Medicine is very slowly adapting to new technologies due to the inevitable conservatism. There is huge potential here, a collection of new ideas and technologies promising to turn everything upside down and modify medicine, however this updating will take a lot of time. All innovative ideas tend to pass through a series of long stages. From origin in startups and academic institutions where they are formed, but have no great influence on the industry, to acknowledgement of their potential by big players, who have the resources for a change of a visual environment and transfer of innovations to the mainstream.
DataArt’s Travel & Hospitality Practice’s team, represented by Greg Abbott, Charlotte Lamp Davies, Roman Peskin and Alex Shchedrin, exhibited its latest technology solutions at the annual Phocuswright travel Conference in Hollywood, Florida. With a record 1700 of the most influential leaders from 30+ countries in attendance, The Phocuswright Conference consisted of The Battleground, Travel Innovation Summit, Center Stage, workshops, and the exhibitor showcase. The theme for the 2015 Conference was – I, Traveler: Embracing Post Mobile.
Speaking at the center stage, Expedia CEO, Dara Khosrowshahi talked of the new breed of competition from alternative accommodations, as a “fact of life” and Expedia’s response to it by a 4 billion acquisition of HomeAway. Khosrowshahi said “We believe in home vacation rentals, we believe in taking that from a listings business to a transactional business”. A major deal with SilverRail to power Expedia’s global entry into the growing rail sector, was announced at the Conference. Khosrowshahi commented on Expedia’s intention to invest in air and rail is key to differentiation from other competitors and would allow the company to up- sell related products like hotels and activities and boost consumer purchase frequency.
Data warehousing is not a new thing today. The concept was first introduced in the 1970s and its key terms “dimension” and “fact” appeared even earlier – in the 1960s. Since then, many businesses have successfully implemented and adopted various data warehouse solutions. Though they were using a great variety of technologies, processes, and ways of thinking, their goals were alike – consolidating data from scattered operational systems, making data clean and trustworthy, extracting the information, and unlocking hidden knowledge. All this was necessary to improve business decisions, to make them knowledgeable, rather than based on blind-guesses.
Many organizations from various industries – from finance to hospitality, from healthcare to gambling – leverage the benefits provided by this several decades old concept. But technologies evolve and brings new methods of data processing, new algorithms and implementations, new features and new possibilities. The amount of data available for analysis grows dramatically. The speed of communication increases. Thus businesses face new challenges – they need to cope with a highly competitive environment which is much faster than before, they need to evaluate the situation in a much more accurate manner, they cannot wait.
DataArt, in partnership with Microsoft and Canonical, hosted its first annual Open Source IoT Summit in New York City. On November 12, 2015, six dozen technology innovators gathered at Microsoft’s New York Conference Center on Times Square to learn how they can develop their own in-house IoT solutions.
DataArt has always been supporting open innovation movement, which is at the heart of new technology development, and our open source IoT device-management platform DeviceHive is a testament to that. DeviceHive runs on Canonical’s Ubuntu, is available on the Microsoft Azure Marketplace and provides the tools to solve any smart manufacturing or smart home challenge in-house, without costly investments in software solutions. At the summit, we showed how DeviceHive accelerates IoT product development, allows for creating a solution prototype in a matter of hours, and then deploying and scaling it to a limitless number of devices or control variables with no additional software or investments requirements.
DataArt’s Healthcare & Life Sciences practice had a strong showing at the 7th annual mHealth Summit that took place on November 8-11, 2015 in Washington, DC. A great place to explore health innovations, industry insights and trends, mHealth drew thousands of industry executives. DataArt’s exhibition booth sparked a vivid interest among attendees as the team showcased several of our our mHealth apps.
At the heart of everything we do at DataArt is our vision of creating tailor-made solutions for the specific requirements and business demands of our customers. For our healthcare & life sciences practice this often means serving the special needs of a particular segment of the population, whether it is a particular demographic or a group of patients with specific health conditions. Our thinking is shaped by research into these needs, the intricacies of health conditions and dedicated to overcoming the challenges patients may face in managing their condition. We keep our focus patient centric by turning these insights into quality user experience.
On 4th of November 2015, DataArt held a financial roundtable event at the Armourer’s Hall in the City of London. The event brought together senior financial services executives to discuss the nature of change in the industry.
On 6th of November, 2015, DataArt partnered with HypoVereinsbank for the UniCredit’s international 24-hour hackathon, which was held at HVB Forum in Munich, Germany. The challenge of the event was to develop apps and solutions that make up the banking of the future.
UniCredit Group has been focused on innovation as the top leadership priority, encouraging experimentation throughout all levels of the group, opening a large innovation center in Milan and planning to invest a further 1.2 billion euros on innovations before 2018.
The health care industry is evolving, driven by policy changes, societal shifts and technological advances. Health care policy experts, government officials, health care trade associations and C-level executives from hospitals and health care systems gathered on the 20th of October at the U.S. News Hospital of Tomorrow Conference 2015 in New York to examine the challenges facing the industry, and to discuss how health care must change to face the future.
One insightful speaker was Dr. Elizabeth McNally, director of Northwestern University’s Center for Genetic Medicine. She talked of the promise and challenge of precision medicine – using high-throughput sequencing to decipher mountains of genetic information quickly and at a lower cost than before and tailoring of medical treatment to the individual genetic characteristics of each patient. Although some hospitals have established footholds, particularly in cancer, they are discovering many complexities of such targeted approaches including logistics, ethics and high costs.
Edinburgh. Innovators, Entrepreneurs. Designers. Software Engineers. Gin and Whisky Tasting. Massage. Kilts. Bagpipes. Children. Workshops. Pitches. Mentor sessions. Awards. Cocktails. Mix these ingredients together and out comes the inspiration for the future of banking.
Royal Bank of Scotland (RBS) teamed up with Open Bank Project (OBP) to host its banking Hackathon, Hack (Make) the Bank at the RBS Technology Solutions Centre in Edinburgh, October 9-11. The event provided the stage for innovators, designers and software engineers to come together and create applications to improve the banking sector, be it by masterminding complementary digital offerings or by providing alternatives to traditional banking.
Hearing a lot about IoT lately? Want to learn everything from home automation to Industrial IoT? Want to try enterprise IoT solutions yourself? The Open Source IoT Summit is about open source IoT and Azure IoT solutions that anybody can use. Join Microsoft, Ubuntu / Canonical and DataArt to learn all about it and jointly start creating IoT solutions.