Google’s vision for the future of analytics

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UCSF, Fortanix, Intel, and Microsoft Azure Utilize Privacy-Preserving Analytics to Accelerate AI in Healthcare

UC San Francisco’s Center for Digital Health Innovation (CDHI), Fortanix, Intel, and Microsoft Azure today have formed a collaboration to establish a confidential computing platform with privacy-preserving analytics to accelerate the development and validation of clinical algorithms.

The platform will provide a “zero-trust” environment to protect both the intellectual property of an algorithm and the privacy of healthcare data, while CDHI’s proprietary BeeKeeperAI will provide the workflows to enable more efficient data access, transformation, and orchestration across multiple data providers.

Gaining regulatory approval for clinical artificial intelligence (AI) algorithms requires highly diverse and detailed clinical data to develop, optimize, and validate unbiased algorithm models. Algorithms that are used in the context of delivering healthcare must be capable of consistently performing across diverse patient populations, socioeconomic groups, geographic locations, and be equipment agnostic. Few research groups, or even large healthcare organizations, have access to enough high-quality data to accomplish these goals.

“While we have been very successful in creating clinical-grade AI algorithms that can safely operate at the point of care, such as immediately identifying life-threatening conditions on X-rays, the work was time consuming and expensive,” said Michael Blum, MD, associate vice chancellor for informatics, executive director of CDHI and professor of medicine at UCSF. “Much of the cost and expense was driven by the data acquisition, preparation, and annotation activities. With this new technology, we expect to markedly reduce the time and cost, while also addressing data security concerns.”

The organizations will leverage the confidential computing capabilities of Fortanix Confidential Computing Enclave Manager, Intel’s Software Guard Extensions (SGX) hardware-based security capabilities, Microsoft Azure’s confidential computing infrastructure, and UCSF’s BeeKeeperAI privacy preserving analytics to calibrate a proven clinical algorithm against a simulated data set. A clinical-grade algorithm that rapidly identifies those needing blood transfusion in the Emergency Department following trauma will

Predictive Analytics Software from Ctrl2GO Helped Industrial Companies Cut Costs by 20% in 2020

HOUSTON, Oct. 5, 2020 /PRNewswire/ — Ctrl2GO, the global provider of predictive analytics and maintenance services, has helped its clients cut equipment maintenance costs by 20% in 2020. Such figures were attained on average by enterprises in the machine-building, oil and gas, energy and other industries, which have implemented Ctrl2GO PMM software  (Predictive Maintenance and Monitoring) in their operational processes.

The solutions developed by Ctrl2GO are designed to efficiently process and analyze big industrial data, assessing the technical condition of the equipment and predicting its potential behavior. Such an approach allows companies to streamline maintenance processes, extend overhaul intervals, and prevent up to 80% of equipment malfunctions.

Over the past year, companies using PMM software packages have reduced downtime by 20%, unplanned repairs by 20%, and cut direct repair costs by 5-8%. Diagnostics lead times have been reduced by 90%, while the technical productivity of staff rose by 15-22%.

A definitive case that illustrates the effectiveness of the PMM solution is the servicing of a metals mining and processing giant that saved $510,000 due to higher reliability of the equipment. The issues faced by the client involved the insufficiency of reliability of the equipment that caused unplanned failures in the operation of boilers and turbines, leading to a loss of revenue due to downtime. The solution developed by Ctrl2GO provided technical condition tracking, which was integrated into a single maintenance and repair process of the enterprise equipment. This resulted in a unified approach to monitoring heterogeneous equipment fleets and a transfer of existing technologies to previously unfamiliar equipment. As a result, the client managed to reduce repair costs by $50,700, and increased revenues while reducing equipment downtime to $455,000.

Another example of successful integration of Ctrl2GO solutions can be found in the oil and gas sector,

NAB to give businesses access to real-time analytics

National Australia Bank (NAB) has announced it has partnered with cloud-based platform Pollinate to provide small businesses access to real-time sales analytics to help them better manage their businesses.

Through Pollinate, businesses will be able to view their sales data, track average transaction value, compare day periods, and filter by payment type.

“Real-time data that delivers greater insights into what customers want, when and how they want it, can be transformative to a small business,” NAB group executive business and private banking Andrew Irvine said.

“Leveraging Pollinate’s platform, NAB will give businesses the information they need to make decisions about their daily sales at their fingertips.”

Pollinate, which NAB will also be a minority investor in, is scheduled to be rolled out across its customer network next year, following a pilot that will run in March.

Read more: How NAB is taking Australia’s skills shortage into its own hands (TechRepublic)

Additionally, NAB has also announced it will roll out merchant choice routing for business customers later this year.

Merchant choice routing will enable contactless payments to be processed via a merchant’s network of choice — whether that’s Eftpos, Mastercard, or Visa — for a flat price of 1.15%.

The bank boasted that the introduction of merchant choice routing would replace 10 separate pricing plans, while also bringing savings to businesses that process contactless payments.

“Contactless payments are part of our daily lives with more than 400,000 ‘tap and go’ transactions taking place every day in Australia. Automating least cost routing ensures competition in the market while giving small businesses greater control over their expenses,” Irvine said. 

Earlier this month, the red and black bank announced the migration of its NAB Connect platform to Amazon Web Services (AWS) cloud.

NAB Connect is touted by the bank as a solution for businesses