As noted here recently, technology is completely revolutionising the healthcare industry.
And that was brought home to us forcefully when we attended SAP’s 2014 Sapphirenow conference last week. I had fifteen meetings scheduled at the event, and while there wasn’t much mention of healthcare during the keynotes, seven of my fifteen meetings were healthcare related. In previous Sapphirenow conferences, there might have been one.
The meetings were with a range of organisations. Some were larger organisations like MKI, Stanford University (specifically their Center for Computational, Evolutionary and Human Genomics (CEHG)), and unsurprisingly SAP. MKI talked about their use of HANA, R, and Hadoop for genomic analysis. Stanford’s Carlos Bustamante talked about the research being done by the CEHG, in conjunction with SAP, on understanding different genomes and their health-related phenotypic consequences, while SAP discussed their Care Circles initiative, as well as their Genome Sciences projects.
One interesting data point that emerged from Prof Bustamante was that one dataset of 2534 individual genomes contained in excess of 20 billion records and it consumed 1.2 terabytes of RAM. This is big data. Especially when you consider you are interrogating it against matrices of other data points (such as age, nationality, gender, etc.).
Three of the companies I met were part of the SAP Startup Focus program. This is a program aimed at start-up companies with offerings in the big data, realtime or predictive analytics spaces. The program helps them develop their product on SAP’s in-memory HANA database platform, and also helps them with go to market strategies.
The three healthcare startups were Convergence CT, Phemi, and Core Mobile. ConvergenceCT makes software for hospitals which can take in data from multiple data sources (EMR systems, labs, radiology, etc.) and produce insights via predictive analytics, and reporting dashboards. Phemi, similarly takes in healthcare info from the various disparate hospital data sources, and then has a number of apps sitting on top of the data delivering results and outcomes. While Core Mobile has mobile apps for doctors, patients, and carers to help optimise care processes, and share patient information with authorised recipients.
So lots of interesting things happening in this sector right now and much of the innovation is down to SAP’s decisions to 1) turn it’s HANA database into a platform, and 2) to initiate the Startup Focus program. Now that IBM is going the platform route with it’s Watson cognitive computing engine, we’re likely to see a lot of healthcare innovation emerging there too.