Thalasar Ventures

Category : Big Data

Medstreaming Introduces Radiology Structured Reporting Upgrades for Clinical Data Management Platform at RSNA

Chicago, IL (PRWEB) December 01, 2014

Medstreaming, a leading medical informatics company, announced the release of structured reporting upgrades for its Clinical Data Management platform (CDM) at the annual Radiology of North America (RSNA) congress being held November 30 – December 4, 2014. The CDM is a revolutionary software solution which incorporates innovative technologies aimed at increasing the productivity of different clinical workflows in the acute care and ambulatory setting.

The CDM productivity workflow layer fuses data from a multitude of fragmented data sources such as EMR, PACS, imaging devices, and non-imaging devices. The CDM’s productivity workflow layer is designed to greatly enhance efficiencies in enterprise radiology, cardiology, and women’s health service lines as well as most sub-specialty, clinical workflows, in the ambulatory markets.

Through the CDM productivity workflow layer, the Medstreaming CDM platform structures data and creates specialty-based data models. The platform also supports data warehousing as well as big data analytics. This is accomplished with unique visual analytic technology that fully integrates medical imaging with structured data in one unified platform.

As part of the CDM platform, Medstreaming is showcasing its latest structured reporting platform technology, Graphic Fusion Workflow ™ (GFW), along with its latest upgrade to GFW, Graphic Fusion Waveform Icons. “Graphic Fusion Workflow is fundamentally a digital convergence of the functionality of traditional table based exam worksheets and the anatomical context and improved efficiency provided by sketches,” said Wael Elseaidy, CEO of Medstreaming. “Through DICOM structured reporting, measurements are auto-populated to appropriate locations within the anatomical digital sketch. A major component of GFW is bi-directional communication between the table and the sketch, with textual input into the table prompting graphical input into the sketch and vice versa. All inputted data resides in a clinical and minable database.”

In addition to GFW, the new Graphic Fusion Waveform Icons upgrade provides a means for visually communicating blood flow hemodynamics detected within a particular vessel segment, and when viewed collectively, the patterns of blood flow within the entire vessel or system. Requiring only a common understanding of blood flow hemodynamics, their utilization is not dependent on the use of standardized terminology for describing waveform morphology (which currently does not exist). Used in combination with the graphics fusion sketch, the icons provide a clearer and more efficient means of communicating findings and results.

Medstreaming also announced an agreement to implement Medstreaming at Massachusetts General Hospital (MGH), a world-renowned academic medical center and a founding member of Partners HealthCare. The MGH Department of Radiology will be adopting the Medstreaming CDM for 3D ultrasound workflow, and will work with Medstreaming on expanding the structured reporting concept into 3D ultrasound.

“Medstreaming’s structured reporting for radiology platform is not only for workflow automation and efficient reporting – it also builds valuable data assets. Our CDM platform uses these data to create business intelligence from fragmented data sources. The data is displayed in a way that’s easy to understand and use for administrators, clinicians and researchers,” said Elseaidy. “This is revolutionary as the information can be looked at in new ways, across many perspectives, using visual analytics tools tailored for every clinical specialty. We’re thrilled to work with the team at MGH!”

About Medstreaming

Many challenges confront the medical industry due to an extremely fragmented data management structure. To address this fragmentation, Medstreaming created a Specialty-Based Radiology, Vascular, Cardiovascular, and Women’s Health Workflow Application which functions as a “best of breed” performance layer in the inpatient workflow on top of inpatient electronic medical records (EMR). Using this clinical workflow expertise, Medstreaming has also developed the industry’s first “All in One” integrated platform application that runs as an outpatient EMR, image management & reporting, and practice management workflow solution. All Medstreaming solutions act as an aggregator for structuring clinical data which in turn creates powerful data service offerings for multi-purpose, web based, data mining and data analytics. Medstreaming is headquartered in Redmond, WA. For more information, visit http://www.medstreaming.com.

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New Research Illustrates Fast-Growing Hispanic Businesses in Greater Austin and Central Texas


Austin, TX (PRWEB) November 25, 2014

On Monday, November 24th, the Greater Austin Hispanic Chamber of Commerce (GAHCC) released its findings of the 2014 GAHCC Central Texas Hispanic Business Research Study. The goal of the study was to provide an accurate description of Hispanic-owned businesses in Central Texas. Austin-based Zpryme served as the primary research lead for the GAHCC initiative.

The GAHCC study findings correlate to national trending. According to the Hispanic Businesses & Entrepreneurs Drive Growth in the New Economy 2nd Annual Report 2014 by Geoscape and the United States Hispanic Chamber of Commerce, the combined annual revenue of U.S. Hispanic-owned businesses is projected to exceed $ 486 billion in 2014, an increase of $ 18 billion in the past year. Hispanic-owned businesses in the GAHCC study posted revenues of $ 4.8 billion in 2013. This is a 90% increase over 2007 revenues reported by Hispanic-owned businesses in Central Texas according to the 2007 Census Survey of Business Owners.

“I am pleased that the GAHCC has diversified its business model and is now offering Hispanic business research data on over 9,000 Hispanic-owned businesses in the region,” said Thomas Miranda, Founder and CEO of Sparkovation IT, LLC and 2014 Chair of the GAHCC Board. “Our initial study has revealed a number of insights about the rapid growth of the Hispanic-owned business segment in the Austin region. Our study projects that the Austin area is well on its way to see over 50,000 Hispanic-owned businesses by 2020. While this is the initial study, the plan is to regularly refresh and possibly diversify this data of the Greater Austin Hispanic demographic and be the leader in the region in quality Hispanic business research insights.”

The study explored a variety of topics related to the Central Texas Hispanic 2013 business landscape, including not only size and revenues of the businesses, but also top areas of concern and challenges faced by the Hispanic business owners.

The study painted a compelling portrait of Central Texas Hispanic-owned businesses. Top findings were:

-Under scenario projections in the study, Hispanic-owned businesses could top 51,000 in number and contribute over $ 12.8 billion in revenues to the Central Texas economy by 2020.

-Transportation and warehousing; information; administrative support; finance and insurance; and the professional and technical services industries experienced the fastest growth over the past five years.

-Total employment by Hispanic-owned businesses in Central Texas is projected to grow from 48,793 in 2013 to 127,500 in 2020.

-Nearly nine out of ten (87%) Hispanic businesses surveyed in our study reported that they started their business themselves and—of those surveyed—third generation Hispanics made up one out of three Hispanic businesses in Central Texas.

-42.4% of Hispanic-owned businesses in Central Texas made less than $ 100K in 2013 and 47.1% made between $ 100K and $ 499K. Hispanic-owned businesses remained relatively small (four employees) on average.

-65% of Hispanic businesses surveyed reported having an undergraduate degree or higher.

The research was possible due to the support of the City of Austin Economic Development Department, Seton Healthcare Family, State Farm, United Heritage Credit Union, Austin Community College, IBC Bank and Capital Metro. “We value our ongoing collaboration with the Greater Austin Hispanic Chamber,” said Kevin Johns, Director with the City of Austin’s Economic Development Department. “It is through these partnerships that we will continue to leverage Austin’s cultural diversity as an economic asset, locally and internationally, furthering cultural innovation within Austin’s economy.”

“We believe small business is big business, and the strength of our economy in Central Texas will be directly related to the success of our Hispanic-owned businesses,” stated Mark Madrid, President and CEO of the GAHCC. “Through our breakout study, not only do we have a gauge on the size and scope of Hispanic businesses, but also the top business concerns of those businesses in personnel management, business operations, finance, marketing and IT. Now, we are working hard to strengthen partnerships to deliver business programming that aligns with those top business concerns. We are committed to catalyzing business growth and profitability for these businesses, which will create wins across the board for our economy.”

***

About the Greater Austin Hispanic Chamber of Commerce (GAHCC)

Established in 1973, the mission of the GAHCC is to increase its members’ personal, business, educational and financial wealth. The GAHCC vision is to be the Center of Excellence for businesses and entrepreneurs in the Central Texas Hispanic market. The Chamber continues to stand by its mission to build its members’ wealth through business education, comprehensive economic development, networking, advocacy and community engagement. For more information, visit http://www.gahcc.org. For more information on opportunities related to the GAHCC study, please call (512) 476-7502.







AvePoint Showcases Future of Enterprise Collaboration as Bronze Sponsor of Share-The-Point Southeast Asia 2014


Singapore (PRWEB) November 25, 2014

AvePoint, the established leader in enterprise-class big data management, governance, and compliance software solutions for next-generation social collaboration platforms, today announced it is a Bronze Sponsor of Share-The-Point Southeast Asia 2014, taking place November 25-26, 2014 at Singapore Expo Convention and Exhibition Centre. AvePoint will showcase its solutions for enabling enterprise collaboration with confidence within their Microsoft SharePoint deployments.

Visit AvePoint for New Solutions

Attendees can meet the AvePoint subject matter experts to discuss topics surrounding SharePoint and enterprise collaboration as well as receive live demonstrations of AvePoint’s solutions, including:

Cloud: AvePoint Online Services, a fully Microsoft Azure-based SaaS platform for Office 365 and any other cloud-hosted SharePoint environments, helps 2 million business users, decision makers, and IT administrators seamlessly access resources and extend cloud computing as their needs dictate.

Compliance: AvePoint Compliance Guardian mitigates privacy, security, and compliance risks across your information gateways with a comprehensive risk management process, allowing organisations to document their policies, implement and measure them, and demonstrate conformance.

Innovative Business: AvePoint’s Citizen Connect Platform provides governments with a unified system to actively engage their constituents, drive transparency, as well as efficiently and accurately communicate citizen service requests with departments – from any device, anywhere, at any time. With AvePoint Citizen Connect, governments can harnesses the power of Microsoft technologies – such as Office 365, Azure, BizTalk, Dynamics, Lync, Project, SharePoint, and Yammer – to optimise their citizen-centric services.

Mobility: AvePoint Perimeter provides organisations with a robust mobile content management solution to mobilise their workforce by offering secure access to content from virtually any device – including smartphones, tablets, laptops, and desktop – without sacrificing security.

Microsoft Dynamics CRM: AvePoint solutions for Microsoft Dynamics CRM provide role-targeted, purpose-driven interfaces empower sales teams for improved productivity, deeper insights, and more control over records – resulting in less time searching and compiling information, leaving more time for building customer relationships.

AvePoint-led Speaking Sessions & Activities

Multiple AvePoint subject matter experts will lead sessions during Share-the-Point 2014 on topics relevant to the global SharePoint community, including:

Randy Williams, Director of AvePoint Client Services

“An IT Pro Guide for Managing SharePoint’s BI Infrastructure”
“The Future of Social Collaboration”

Dr. Tianyi (TJ) Jiang, AvePoint Co-CEO and Co-founder

“Implementing Effective Business Solutions in the Cloud-first, Mobile-first World”

AvePoint will host a book signing featuring Randy Williams at 11:15 a.m. on Tuesday, November 25, 2014 near the registration desk. Williams will briefly discuss his book, “Microsoft SharePoint 2013 Administration Inside Out,” and conduct a meet-and-greet with attendees.

“AvePoint is excited to join the SharePoint community in Asia and provide the best practices, knowledge, and tools necessary to help enterprises enable collaboration with the confidence their data is safe and secure,” said Dr. Tianyi (TJ) Jiang, AvePoint Co-CEO and Co-Founder. “Whether it’s on-premises Microsoft SharePoint, Microsoft Office 365, Azure, or other line-of-business applications, AvePoint can help organisations meet their dynamic business and technology needs by stitching together a better enterprise solution story.”

For more information on dates, times, and locations of all AvePoint activities at Share-The-Point Southeast Asia, please visit the event website.

About AvePoint

AvePoint is the established leader in enterprise-class big data management, governance, and compliance software solutions for next-generation social collaboration platforms. Focusing on helping enterprises in their digitisation journey to enable their information workers to collaborate with confidence, AvePoint is first to market with a unique solution that centralises access and control of information assets residing in disparate collaboration and document management systems on-premises and in the cloud. AvePoint solutions and services aim to bring together business, IT, as well as compliance and risk officers to serve key business objectives such as big data, cloud integration, compliance, enterprise content management, and mobile data access monitoring.

Founded in 2001 and based out of Jersey City, NJ, AvePoint serves more than 13,000 organisations in five continents across all industry sectors, with focused practices in the energy and utilities; financial services; healthcare and pharmaceuticals; and public sector industries. AvePoint is a Microsoft Global ISV Partner, Gold Certified Collaboration and Content Partner and winner of 2014 Microsoft Partner of the Year Award in Public Safety and National Security, as well as a US Government GSA provider via strategic partnerships. AvePoint is privately held and backed by Goldman Sachs and Summit Partners.

All product and company names herein may be trademarks of their registered owners.







PYA Publishes Definitive Glossary of Terms for Payment and Delivery System Reform


(PRWEB) November 20, 2014

Health insurance reform, payment and delivery system reform, accountable care organizations, clinical integration, evidence-based medicine, value-based purchasing, telehealth, and big data— these buzzwords are working their way into news reports, board rooms, and day-to-day operations. But what do all of these terms mean? How can we be sure two people using the same term intend the same thing?

In an effort to get everyone on the same page, PYA has released a new reference tool providing straightforward, no-frills definitions for dozens of key terms.

“What’s It All Mean? A Glossary of Terms for Payment and Delivery System Reform” is PYA’s latest reference tool for healthcare providers, including governing bodies, management, clinicians, and front-line staff. The glossary covers dozens of terms, grouped into five subject areas: (1) big concepts; (2) clinical practice; (3) provider organizations and arrangements; (4) payment models and related concepts; and (5) technology.

Compiled from hundreds of resources, the information used in developing the definitions has been run through a rigorous review process to help determine the best way to introduce each term. The glossary aims to provide “a common starting point for discussions and decision-making regarding reform.”

In addition to serving as a ready-to-use desk reference, the white paper is also a work in progress. Its authors plan to revise and update the glossary on a regular basis and invite future submissions of terms to include.        

PYA assists health systems in meeting challenges by providing education for governing bodies, leadership teams, and medical staffs; facilitating dialogue in the board room; performing governance effectiveness reviews; and identifying, developing, and implementing strategic initiatives.

About PYA

For over three decades, Pershing Yoakley & Associates (PYA) has provided timely insight and strategic support, helping clients thrive in the midst of rapid change. PYA is ranked by Modern Healthcare as the nation’s twelfth largest privately held healthcare management consulting firm. For more information, visit http://www.pyapc.com/.







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iCare Announces Partnership with ZirMed

San Francisco, CA (PRWEB) November 15, 2014

iCare, the enterprise cloud EHR provider, today announced it will be partnering with ZirMed®, the premier cloud-based enterprise business and clinical performance solution for healthcare. With the partnership, iCare plans to integrate ZirMed’s suite of revenue cycle solutions within its cloud-based EHR, beginning with ZirMed’s clearinghouse capabilities. iCare’s EHR is embedded with big data capabilities, which gives its clients a modern and adaptive technology foundation to focus on patient care.

“We feel that today’s legacy, on-premise EHR solutions are not flexible enough to help provider organizations navigate the complex and ever-changing challenges of the industry,” said Don Cook, chief marketing officer at iCare. “Our solution helps healthcare organizations achieve cost-savings by significantly cutting the time and resources traditionally spent on technology upgrades. This was one of the main drivers in our decision to partner with ZirMed, as it is another organization that values the same cutting-edge, cloud-based technology that we do.”

ZirMed optimizes fee-for-service healthcare business performance for more than 200,000 providers, helping them enhance their revenue cycle and drive bottom-line results. ZirMed offers clients a complete solution that solves key problems ranging from coding issues and claims rejections, to payer and patient reimbursement challenges, revenue leakage, data analysis challenges, and more.

“ZirMed’s business and clinical performance platform and iCare’s enterprise EHR have great synergy as both are native to the cloud and provide highly complementary functionality,” said Kim Labow, vice president of marketing at ZirMed. “We’re pleased to team up with a forward-looking company like iCare to help enterprise-level health systems navigate constant regulatory change and focus on patient care.”

“We’re pleased to team up with a forward-looking company like iCare to help enterprise-level health systems navigate constant regulatory change and focus on patient care,” said Kim Labow, vice president of marketing at ZirMed. “Our two organizations have great synergy as both of our platforms originated in the cloud and provide a complete user-friendly offering with in-depth analytical capabilities.”

iCare’s enterprise-level EHR enables the systematic collection of electronic health information for individual patients or populations, which can be shared across various healthcare settings and facilities. The technology helps health systems improve clinical documentation and data-capture while streamlining clinical workflow. iCare shares data by utilizing a secure cloud architecture that enables on-demand, enterprise-wide information systems and other information networks or exchanges to call on real-time data.

About iCare.com LLC

iCare is the leader in cloud-based enterprise applications for Health Systems. iCare provides a unified Electronic Health Record designed for today’s hospitals and the way people work. Delivered in the cloud and leveraging a modern technology platform, iCare offers a fresh alternative to traditional solutions. With the iCare Enterprise Cloud EHR, healthcare providers can focus on patient care, not software. To learn more, visit: http://www.icare.com.

About ZirMed®

Founded in 1999, ZirMed is the nation’s only company delivering proven cloud-based business and clinical performance management solutions to meet the challenges of managing population health and optimizing fee-for-service and fee-for-value reimbursements. ZirMed combines innovative software development with the industry’s most advanced transactional network and analytics platform to improve the business and process of healthcare, give organizations a clearer view of their financial and operational performance, and streamline critical connections between providers, patients, and payers. ZirMed’s industry-leading technology and client support have been recognized with awards from KLAS®, Healthcare Informatics, Best of SaaS Showplace (BoSS), and Black Book Rankings. Our nationwide network facilitates, manages, and analyzes billions of healthcare transactions, driving bottom-line performance with population health management, clinical communications, comprehensive analytics, eligibility, claims management, coding compliance, reimbursement management, and patient payment services—including credit card processing, online payments, statements, estimation, and payment plan management. To learn more, visit http://www.ZirMed.com.

iCare, CareLine and CloudVista are registered trademarks of iCare.com LLC. All other trademarks are respectfully acknowledged.

Media Contacts:

Don Cook

Chief Marketing Officer

iCare.com LLC

800-784-8045 x5200

don(at)icare(dot)com

Katie Schur

Aria Marketing for ZirMed

Telephone: (617) 332-9999 x214

E-mail: kschur(at)ariamarketing(dot)com







FierceWireless, FierceTelecom, and FierceCable Announce Second Annual Fierce Innovation Award Winners

WASHINGTON, DC (PRWEB) November 12, 2014

FierceMarkets (http://www.fiercemarkets.com) announced today the winners of its third annual Fierce Innovation Awards: Telecom Edition. The Fierce Innovation Awards is an operator-reviewed awards program from the publishers of FierceWireless, FierceTelecom, and FierceCable.

Jason Nelson, Publisher of FierceWireless, FierceTelecom, and FierceCable, says, “As the Innovation Awards program grows each year so does the level of innovation we see from our entrants. To that end, we are thrilled to be able to offer applicants a unique channel to share their products and services with such an esteemed panel of judges from major global operators.”

Honorees were selected by an exclusive panel of carrier-only judges including Ralph Brown, Chief Technical Officer, CableLabs; Cameron Coursey, VP of Product Development, AT&T’s Emerging Devices Organization; Mattias Fridstrom, VP and Head of Technology, TeliaSonera International; Daniel Gurrola, Vice President, Strategy and Business Development, Orange; Andrew Ip, Senior Vice President of Infrastructure and Wireless Technology Management, Cablevision System Corporation; Ron Marquardt, Vice President of Technology, Sprint Innovation and Architecture; Dan Murphy, Director, Verizon Innovation Program; Tom Nagel, SVP and GM of Wireless, Comcast ; and Marci Saaijenga, Vice President, Technology Quality and Control Office, Cox Communications, Inc.

Judges evaluated submissions based on the following criteria: technology innovation, financial impact, market validation and end-user customer experience.

The five “Best in Show” Winners are:

        Best Green Installation

        Procera Networks, Inc.: RAN Perspectives

        Best Cost-Saving Innovation

        Guavus: CareReflex™

        Best New Revenue Creator/Enhancer

        Payfone, Inc.: Payfone Signature

        Best Technological Problem Solver

        Arbor Networks: Peakflow Threat Management System

        Overall Best New Product/Service

        Openet: Real-time Offer Manager

The Fierce Innovation Award Winners are:

Cable TV/Advanced TV & Video Networks:

Cable & Video Network Architecture

Edgeware: Edgeware Video Consolidation Platform (VCP)

Set-top Boxes & Related Devices

Sling Media, Inc.: Slingbox M1

Over-the-top Services

Kaltura: Kaltura OTT TV

Multi-screen

Adobe: Adobe Primetime

Wireless Networks:

Next-Gen Deployment

Avvasi, Inc.: Q-SRV

Cell Sites

Nextivity: Cel-Fi Duo

Traffic Offload

Nitero: NT4600

Metrocell Backhaul

AOptix: Intellimax

Wireline Networks:

Data Communications

Guavus: CareReflex™

Core/Transport

Ciena: 8700 Packetwave Platform

Last Mile/Edge/Access

California Eastern Laboratories: MeshWorks™

Data Centers

BTI Systems: BTI Cloud Networking Solution

Network Support, Software, Service Delivery

Conditional Access, Digital Rights Management and Authentication

Payfone, Inc.: Payfone Signature

Cloud Services

Voxox: Voxox

Service/Session Creation, Orchestration & Delivery

Stream: IoTx

B/OSS

Openet: Real-time Offer Manager

Network & Device Security

Arbor Networks: Peakflow Threat Management System

Network Test & Measurement

Procera Networks, Inc.: RAN Perspectives

About FierceMarkets

FierceMarkets, a wholly owned subsidiary of Questex Media Group, is a leader in B2B emedia, providing information and marketing services in the telecommunications, life sciences, healthcare, IT, energy, government, finance, and retail industries through its portfolio of email newsletters, websites, webinars and live events. Every business day, FierceMarkets’ wide array of publications reaches more than 1.3 million executives in more than 100 countries.

Current publications include: Energy: FierceEnergy; FierceSmartGrid; Smart Grid News Healthcare: FierceEMR; FierceHealthcare; FierceHealthFinance; FierceHealthIT; FierceHealthPayer; FierceHealthPayerAnti-Fraud; FierceMedicalImaging; FierceMobileHealthcare; FiercePracticeManagement; Hospital Impact Telecom: FierceWireless; FierceCable; FierceDeveloper; FierceOnlineVideo; FierceTelecom; FierceWirelessTech; FierceWireless:Europe / TelecomsEMEA, Telecom Asia; Life Sciences:FierceBiotech; FierceBiotechIT; FierceBiotech Research; FierceCRO; FierceDiagnostics, FierceDrugDelivery; FierceMedicalDevices; FiercePharma; FiercePharmaMarketing; FiercePharmaManufacturing; FierceVaccines; FierceAnimalHealth Enterprise IT: FierceBigData; FierceCIO; FierceCIO:TechWatch; FierceContentManagement; FierceMobileIT; FierceEnterpriseCommunications; Finance: FierceCFO; FierceFinanceIT; Government: FierceGovernment; FierceGovernmentIT; FierceHomelandSecurity; FierceMobileGovernment; Marketing & Retail: FierceCMO; FierceMobileMarketer; FierceMobileRetail; FierceRetail; and FierceRetailIT.







Channel Mark Ventures Increases Its Stake In Cognitive Code’s SILVIA Technologies

New York (PRWEB) November 05, 2014

Cognitive Code Corporation announced that it has approved a major equity add-on growth investment from existing investor Channel Mark Ventures. This is Channel Mark’s second such equity investment in Cognitive Code since 2012. Specific financial terms were not disclosed.

The transaction allows Channel Mark Ventures to progress towards its declared strategic objective of owning larger stakes in a network of technology and e-commerce based companies. The funding also marks another strong validation of Cognitive Code’s technology and growth trajectory. Their SILVIA platform is a complete system for the development and deployment of artificial intelligent applications to almost any platform, with a technological core that allows humans to interact with computers in completely natural and intuitive ways.

“We believe Channel Mark Ventures investment speaks to two themes: Their continued confidence that we are the industry’s leading conversational intelligence platform, and the fact that both business enterprise and consumer demand for our SILVIA technology is seeing rapid acceleration and Channel Mark wants to be part of it, now and into the future,” said Leslie Spring, CEO and founder of Cognitive Code. “Today you have many major tech companies like Google, Facebook, Twitter and IBM all hard at work in their labs trying to develop and crack the AI space with their own solutions. We on the other hand already have our sales force on the playing field and delivering our patented SILVIA artificial intelligence technology solutions to a broad base of clients, from the private sector all the way up to major Fortune 500 companies. The demand for our technology just in the past 6 months has been absolutely explosive. We’ve been scaling out our sales teams, support, and services. We are doing our best to keep up with the demand. But we’re certainly not complaining.”

Companies are indeed investing billions to create applications in business intelligence systems, intelligent search, translators and many more. Such AI applications are intended to reduce costs, improve customer satisfaction and productivity and increase bottom-line revenues. Cognitive Code will use the additional funds to further advance its growth initiatives, the ongoing development of SILVIA core based applications and technology products.

“We meet with so many companies each year and we select only the very best to invest in. Cognitive Code was one such organization that hit our radar a couple of years ago. We noticed that they had that special matrix that demanded and captivated our attention. A a solid business team, a connected vision, an exciting company feel and a technology that was way beyond anything that we had ever seen before. We were thrilled with the original opportunity to invest with them. Now we are making a commitment to be on-board with them for the long haul” said Danny O’Shea, CEO of Channel Mark Ventures. He added, “Time has passed by quickly, and this has been a tremendously exciting ride. We are the benefactors of working with people of solid character, who just happen to be the best at what they do, and offering a technology that is simply game-changing. Needless to say this was not a very difficult decision for our company to make. Cognitive Code is clearly on a path to accomplishing some really special things and we are really fortunate to be part of this journey and we want to continue to add value as partners in this relationship.”

About Cognitive Code

Cognitive Code Corporation is a privately-held company specializing in the development and deployment of practical conversational artificial intelligence systems, based on their proprietary patented SILVIA technologies. SILVIA is a complete system for the development and deployment of intelligent applications to almost any computing platform or operating system, with a technological core that allows humans to interact with computers in completely natural and intuitive ways. For more information on Cognitive Code, please visit http://www.cognitivecode.com

About Channel Mark Ventures

Channel Mark Ventures is a seed and early-stage venture capital firm focused on investing in information technology start-ups and individual entrepreneurs. The firm targets companies that have a focus in the Information Technology, Internet and Consumer, Healthcare Information/ Big Data and Clean Energy sectors. Channel Mark Ventures invests in companies that use technology to change the way people experience the world. Advised by technology and product leaders, the Channel Mark team has the extensive operational and technical expertise to make smarter investments and help our portfolio companies succeed. For more information on Channel Mark Ventures, please visit http://www.channelmark.com







AgilePoint Wins Case Study of the Year Award from Business Intelligence Group

Mountain View, CA (PRWEB) October 30, 2014

AgilePoint (http://www.agilepoint.com) announced today that it has been named the winner of the 2014 BIG Awards for Business Case Study of the Year by the Business Intelligence Group for their nomination of Reed Exhibitions’ cloud-based RX-T2N application.

AgilePoint nominated Reed Exhibitions Australias’ implementation of their internally named RX-T2N – Reed Exhibition Transaction to NOVA Integration application. This system integrates and synchronizes (parallelizes) their flagship CMS system supporting exhibitor and event planner enviroments (NOVA), Salesforce.com, the Reed Exhibitions’ web site exhibitor registration system, and numerous external exhibition vendors’ web site registration systems along with a marketing automation system. The system runs on AgilePoint’s cloud platform-as-a-service (PaaS) system hosted on Microsoft’s Azure Cloud.

The RX-T2N system provisions data from various registration sites directly into the Salesforce.com data store for use in reporting, forecasting, and campaign management as well as integrating with a marketing automation system (Eloqua) by collecting both typical registration data and ten to fifteen marketing-question responses by attendees for use in future target marketing. RX-T2N also automates the enterprise workflows, prioritizes registrations according to business rules, manages record de-duplication, and has cut processing times from days to seconds. Additional features include automated resubmission of problematic registrations, error notifications and escalations, and full audit trails for all process steps.

The BIG Awards specialize in recognizing top-performing companies and organizations with a proprietary judging process scored by well-known and experienced leaders and executives from around the globe. “The winners this year epitomize what is going right with companies,” said Russ Fordyce, Managing Director of the Business Intelligence Group. “The sheer amount of innovation and the renewed attention to the customer experience was a common theme. According to the Business Intelligence Group, “Unlike other industry award programs, business people, those with experience and knowledge, judge the BIG Awards. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above their peers.”

“We are both proud and honored to work with Reed Exhibitions,” said George Barlow, AgilePoint’s Vice President of BPM & Cloud Solutions. “Reed Exhibitions is an innovative market leader that is transforming their business through the use of cloud-based, process-centric applications. We thank Reed Exhibitions for helping AgilePoint achieve this award and for partnering with us to show the world how leveraging process-centric enterprise applications and cloud services orchestration can produce remarkable business results.”

About Reed Exhibitions

Reed Exhibitions is the world’s premier exhibition organizer, with a network of 34 offices worldwide including offices in the UK, US, Europe, Asia and Australia, and a rapidly growing portfolio of events and partners in the economies of Brazil, Russia, India, China and the Middle East. This global perspective enables them to share local knowledge and world-leading expertise and resources for the benefit of their customers worldwide. They have over 50 years unrivaled experience in developing, marketing, selling and organizing exhibitions and events and excel in creating brand leading, highly targeted events where people from around the world can come together to do business, network and learn. With a unique network of offices and international sales promoters, Reed Exhibition’s market reach is extensive: in 2013 over six million participants attended their events. With a staff of 3500 exhibition specialists they have a growing portfolio of over 500 events in 40 countries including trade and consumer exhibitions, conferences and meetings, ranging across 43 industry sectors – from aerospace and aviation to beauty and cosmetics to sports and recreation. Reed Exhibitions delivers contacts, content and communities with the power to transform businesses. Reed Exhibitions is a division of Reed Elsevier, a world-leading provider of professional information and workflow solutions in the Science, Legal, Medical, Risk Management and Business sectors.

About AgilePoint

AgilePoint, a leading provider of process-centric application development tools and Business Process Management (BPM) software products, has 1,300+ on-premise and cloud deployments in 25+ countries. AgilePoint customers use AgilePoint “Smart Steps” technology to build enterprise applications that connect people-to-people, people-to-systems and systems-to-systems. By leveraging tools they are already familiar with like Visio, SharePoint, Office 365, Salesforce, Oracle, NetSuite, Dropbox, Box, One Drive and Google Drive, AgilePoint customers build both mission-critical and everyday process applications in half the time of most BPM products while modernizing their IT experience and maximizing ROI for their enterprise. AgilePoint products are providing the power of process automation applications to manufacturing, energy, financial, insurance, healthcare, government and many other types of organizations. http://www.AgilePoint.com







North Shore-LIJ Health System Selects Explorys Big Data Analytics Platform to Support Research, Quality and Pay for Performance Initiatives


Cleveland, OH (PRWEB) October 28, 2014

Explorys, the leader in big data-driven healthcare transformation, today announced that the North Shore-LIJ Health System (North Shore-LIJ), one of the nation’s largest health systems, has selected Explorys to support its research and pay-for-performance programs, improve care quality, and reduce unnecessary costs across its enterprise. North Shore-LIJ will also take advantage of Explorys’ market leading risk models to accurately stratify patient and member populations for optimal allocation and direction of care management resources.

North Shore-LIJ’s health insurance plan, CareConnect, which is currently live on the New York State Health insurance exchange, will leverage the Explorys Platform to stratify patient populations and identify at-risk members for interventions that will ultimately improve quality and reduce the total cost of care. North Shore-LIJ will also use the platform to conduct more accurate and comprehensive pay-for- performance reporting and improve associated revenue streams.

“In looking for a big data analytics partner, Explorys stood out to us based on its scalable enterprise cloud architecture, which will allow us to get up and running quickly, so that we can start to analyze our data to support pressing research and quality-based initiatives,” said John Bosco, CIO, North Shore-LIJ. “Explorys’ ability to help us accurately stratify our patient population, including both our CareConnect members and the patients we serve at our 16 hospitals and more than 400 outpatient physician practices throughout the metropolitan area, will enable us to devise actionable care plans to ultimately provide our entire patient population with quality, coordinated care.”

North Shore-LIJ will leverage Explorys’ Hadoop-based big data and analytics platform to access and analyze clinical data to enable its renowned research organization, The Feinstein Institute for Medical Research, to compete for funding and more effectively recruit relevant participants for its studies. With this capability, the organization expects to significantly increase enrollment in research studies across a multitude of research areas.

“The shift from a fee-for-service to a value-based model of care and the convergence of payers and providers is accelerating rapidly. North Shore-LIJ is actively positioning itself to succeed in this new model of healthcare, which we firmly believe will result in improved care and reduced costs for everyone,” said Stephen McHale, CEO, Explorys. “We are excited to provide North Shore-LIJ with tools to obtain a better understanding of its entire patient population across the continuum of care, and support critical, innovative research initiatives.”

Inspired by physicians and informatics leaders, Explorys combines the most powerful healthcare-computing platform in the world with turnkey solutions for clinical integration, at-risk population management, cost of care measurement, and pay-for-performance solutions. Explorys’ cloud-based platform is currently serving 22 integrated healthcare systems, 340 hospitals, and over 300,000 providers to identify patterns in diseases, improve treatments, and outcomes.

About North Shore-LIJ

One of the nation’s largest health systems, North Shore-LIJ delivers world-class clinical care throughout the New York metropolitan area, pioneering research at The Feinstein Institute for Medical Research, a visionary approach to medical education highlighted by the Hofstra North Shore-LIJ School of Medicine, and healthcare coverage to individuals, families and businesses through the North Shore-LIJ CareConnect Insurance Co. Inc. North Shore-LIJ cares for people at every stage of life at 17 hospitals and more than 400 outpatient physician practices throughout the region. North Shore-LIJ’s owned hospitals and long-term care facilities house more than 6,000 beds, employ more than 10,000 nurses and have affiliations with over 9,400 physicians. With a workforce of about 48,000, North Shore-LIJ is the largest private employer in New York State. For more information, visit http://www.northshorelij.com.

About Explorys

Founded in 2009 as an innovation spinoff from Cleveland Clinic, Explorys provides the healthcare industry a secure, cloud-based analytics platform that leverages big data for clinical integration, predictive analytics, and business intelligence. Its platform enables the country’s leading provider organizations to more effectively leverage their data to improve care quality, patient satisfaction, and deliver value-based care. The Explorys solution supports Population Health Management and Accountable Care models while applying the power of massively-parallel data processing to save lives and make healthcare affordable. Since its inception, the Explorys platform has been adopted by 22 major integrated healthcare systems with 275 billion data elements, 48 million unique cared-for-lives, 340 hospitals, and 300,000 providers who collectively deliver $ 63B in care annually. For more information, visit http://www.explorys.com.

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Phoenix Marketing International Reveals the Consumer Hurdles Ahead for Apple Pay


Rhinebeck, NY (PRWEB) October 22, 2014

Casting a light on the short interval between the Post-Apple Pay announcement and the Pre-Apple Pay launch, Phoenix Marketing International releases findings from a large-scale consumer survey on Apple Pay and currently marketed payment apps. About 2,700 smartphone owners were interviewed online as part of total sample of over 4,000 household financial decision makers that provided insights on the consumer payments market in general. More detail can be found here.

The survey quantified a huge reservoir of untapped usage potential for payment apps. There are currently some 9-million smartphone households that have used a smartphone payment app – but there’s an additional 8-million households that already have an app ready to use on their phone and don’t use it. Converting installation to usage would increase the user base by nearly 50%. Why the gap? What can Apple Pay and other app providers do to harness this hidden potential?


    Hurdle #1 links back to NFC itself. NFC credit or debit cards have a 13% penetration rate overall but a 48% rate among those who have used a smartphone payment app. NFC card users have largely driven the early adoption of NFC apps. “Despite industry efforts to communicate the security of NFC transactions, 40% of smartphone owners aren’t buying it”, said Greg Weed at Phoenix Marketing International. “This group thinks ‘tap and go’ is a barrier, not an inducement, to app trial. By a two-one margin, consumers give lower security ratings to an NFC transaction than a magnetic strip card transaction.

In this context, Apple Pay’s big coup was to focus on security and privacy as the consumer end-benefit itself by adding fingerprint, chip (secure element) and most, importantly, the benefits of tokenization. “Of all transaction types measured for consumer perception of security, the tokenized transaction benefit was rated the ‘most secure’. Apple has a positioning leg-up here but NFC concerns may still retard adoption for some.

    Hurdle #2 focuses on field execution. Non-app users with ready-to-use apps variously reported ease of set-up, merchant acceptance and customer support issues posing as barriers to use. Among users, 38% reported transaction problems at the point-of-sale. 64% of those with an installed app who haven’t used it have contacted customer service or technical support and a quarter of this group came away from the call still not knowing what to do.

“This presents an executional opportunity for Apple Pay and points to the need for improvement in how current app providers make themselves accessible and helpful to consumers,” added Mr. Weed. “Given the difficulty of finding the right phone number at the right time, it would make be logical for app providers to feature the technical support service number – or a chat number –right in the app itself. In the case of Apple Pay, the ease of set-up with Passbook and iTunes should not be taken for granted because the current research showed that 38% of iPhone users don’t have a payment method linked to an iTunes account and 71% don’t use Passbook.

    Hurdle #3 is Apple Pay’s strong stand on payment privacy at the expense of personalized retailer rewards. Apple made this move intentionally and it will likely earn the brand a large foothold in the payment app market. This positioning will hit home for many. As a result of security breaches, 51% of smartphone owners have become more worried about how much of their personal information is in the hands of merchants; and 39% have become less comfortable receiving personalized suggestions based on their past purchases. Yet, when push comes to shove, consumers love a deal: 37% of smartphone owners prefer a shopping-only app that provides rewards and improves the shopping experience. An additional 39% prefer a shopping app combined with a payment function and 23% are happy with a payments-only app. “This trade-off is certainly not lost on Apple, given their iBeacon technology, but it’s an issue Apple will need to work through in order to maximize Apple Pay’s market presence over the long term” Mr. Weed.

With the sales of iPhone6, the distribution of the Apple Pay app dwarfs the installed base of competitive apps. As Apple Pay goes live, the importance of executing the launch to maximize actual usage is the new priority.

The Phoenix report, ‘Apple Pay and the New Environment for Mobile Payment Apps’ is part of an ongoing research study, Consumer Payments Monitor. For more information, please contact:

Mark Sutin

mark(dot)sutin(at)phoenixmi(dot)com

609-261-6332

(or)

Greg Weed

greg(dot)weed(at)phoenixmi(dot)com

828-697-9192

About Phoenix Marketing International

Phoenix Marketing International is a premier global marketing services firm providing its clients with tailored, unique insight into their customers and markets via a wealth of existing proprietary data. Coupled with custom research products and the latest qualitative and quantitative techniques, Phoenix has extensive research experience across the Automotive, Financial Services, Healthcare, Converged Technology and Media, Restaurant, and Travel/Leisure sectors. From the strategic definition of consumer needs to effective marketing program implementation, PMI provides profit-driven market solutions and is committed to maximizing a client’s Return on Marketing Investment (ROMI) by leveraging the ability to attract and retain new business through cost efficient data acquisition and statistical modeling techniques. Founded in 1999 by Chairman and CEO, Allen R. DeCotiis and President, Martha Rea, Phoenix Marketing International has established its global presence with offices in major locations such as New York, New Jersey, Boston, Philadelphia, Raleigh/Durham, Detroit, and London.

Media Contact:

Marisa Katz

Marisa(at)LarkinVolpatt(dot)com

203 617 7228