The adoption of IT in healthcare systems has, in general, followed the same pattern as other industries. In the 1950s, when institutions began using new technology to automate highly standardized and repetitive tasks such as accounting and payroll, healthcare payors and other industry stakeholders also began using IT to process vast amounts of statistical data. Twenty years later, the second wave of IT adoption arrived. It did two things: it helped integrate different parts of core processes (manufacturing and HR, for example) within individual organizations, and it supported B2B processes such as supply-chain management for different institutions within and outside individual industries.
Oracle announced Monday it will buy Datalogix, the Westminster, CO-based data broker used by companies such as Facebook and Twitter to understand the offline consumer activity of their users. The price of the acquisition was not disclosed, but one media report puts it at several hundred million dollars.
The leaders of big corporations are learning to think more like entrepreneurs to bring innovative designs to market faster.
Strategies corporations use to act like start-ups include cultivating smaller companies as technology incubators; offering prizes; and paying equal attention to both the design and the market potential of new products.
To meet the challenge of producing products while developing new ones, companies have to simultaneously support old, new and speculative business lines.
When Regina Dugan, former director of DARPA, took to the stage at the 2013 All Things Digital conference in California, it was to explain how she planned to bring fre
Winners of the European Institute of Innovation and Technology’s (EIT) call for strategic partnerships to boost innovation and tackle health and raw materials challenges in Europe announced
Today, the EIT announced the winners of the call for EIT Health and EIT Raw Materials, integrated European partnerships of higher education, business and research aiming to tackle societal challenges across Europe.
The Internet of Things refers to the networking of physical objects through the use of embedded sensors, actuators, and other devices that can collect or transmit information about the objects. The data amassed from these devices can then be analyzed to optimize products, services, and operations. Perhaps one of the earliest and best-known applications of such technology has been in the area of energy optimization: sensors deployed across the electricity grid can help utilities remotely monitor energy usage and adjust generation and distribution flows to account for peak times and downtimes. But applications are also being introduced in a number of other industries.
Does money really make the world go round? Well, I’m not sure about that, whatever Liza Minnelli says, but what I do know is that getting money from pocket A to pocket B is a key area of focus in the global financial technology (fintech) scene right now.
Of the four main fintech segments that investors are most actively looking at (lending; personal finance; payments; and bitcoin/blockchain technologies), payment businesses are the most prolific.
The global security market was little more than a cottage industry in 2002, when it was an insular $3.5 billion market dominated by just five vendors. Fast-forward to today and there is — I estimate — $87 billion being spent in 2014, while that number should increase to $120 billion by 2017, according to AGC Partners (.pdf).
Google today announced it has completed the first build of its self-driving vehicle prototype. This is the first fully functional self-driving car from the company.
It’s one thing to modify an existing car to give it self-driving capabilities. It’s another thing to build a self-driving car from the ground up.
The first fully functional prototype can be seen in the image above. For the sake of comparison, here is the mockup unveiled in May:
With a recent boom in healthcare IPOs, who are healthcare’s top institutional investors? Using our Investor Mosaic predictive algorithms, which consider factors such as past performance, network strength (who they know), selection aptitude and brand among other factors, we wanted to offer a statistical assessment.
For this analysis, we looked at all VC and PE investors with investments in at least 10 healthcare companies since 2008 and where the firm made more than 50% of their investments in the healthcare sector.
An experimental lithium-ion battery based on materials developed at a U.S. Department of Energy lab stores twice as much energy as the batteries used in most electric cars.
If the technology can be commercialized, it could give affordable electric cars a range of over 200 miles per charge, says Hal Zarem, CEO of Seeo, a startup that’s working on the technology. Today the cheapest electric cars, which cost around $30,000, typically have a range of less than 100 miles.
Alternatively, the improved storage capacity could be used to cut the size of battery packs in half while maintaining the current driving range, making electric vehicles considerably cheaper. A conventional battery pack with a range of 100 miles costs roughly $10,000.
