|By Business Wire||
|July 24, 2014 08:09 AM EDT||
PhysIQ has announced the company launch based on its proprietary predictive analytic technology for human physiology. PhysIQ is the first patient-centered predictive analytics platform for both the regulated Healthcare and unregulated Health & Fitness markets. This novel platform is designed to reliably detect subtle changes in vital signs and other health indicators helpful to both clinicians in managing patients who are suffering from chronic illness, as well as consumers interested in tracking their own health and fitness levels. The PhysIQ platform constructs a personalized baseline norm for each person monitored, rather than simple trending or comparison to population-based statistics. It can also be embedded into patient monitoring devices from other manufacturers who are seeking to design “smarter” products.
“Many technology companies today are delivering health information through medical or consumer devices. However, they are all missing an essential step, which is giving the person monitored real-time health updates based on their own health background. The PhysIQ platform is different from all other analytical approaches currently being used in the emerging Digital Health space because it compares you to you, and not you to what might be normal for the broader population,” explains Gary Conkright, CEO, PhysIQ. “Our transformational predictive analytic technology is designed to bring new insights to physiology vital-sign monitoring for applications ranging from helping doctors to better understand their patients with chronic medical conditions to empowering the informed consumer to take greater control of their health.”
Proven through millions of hours in highly complex industrial applications
Formerly known as VGBio, PhysIQ founders previously worked to commercialize predictive analytic solutions originally developed at the Argonne National Laboratory to monitor complex, mission-critical machine applications, including commercial jet engines, oil and gas, and nuclear reactors. Predictive analytics has proven to be highly effective at reducing unplanned outages and minimizing operating and maintenance costs in these and other mission-critical applications. Boasting an extensive patent portfolio, the PhysIQ team now brings the same personalized analytics technology and commercialization expertise to monitor physiological changes in the human body.
“Today’s healthcare system is optimized for an acute, reactive care delivery model. Expensive and often scarce resources are mobilized to stabilize and attend to patient needs, and all too often these patients soon return to the hospital for another acute admission. This traditional model is inefficient and unsustainable. Innovations in remote monitoring devices, combined with data analytics technology from PhysIQ, will make it possible to provide higher quality, proactive care at a lower cost to the system,” states PhysIQ clinical advisor Dr. Steven Steinhubl, Scripps Translational Research Institute.
Enabling connective health across multiple platforms
The patented PhysIQ advanced personalized health data analytics platform is a device-agnostic platform designed to work with any wearable Digital Health device or other sensor-based physiology monitoring equipment. Recent announcements by major market leaders like Samsung, Apple and Google on plans to create new and less obtrusive, wearable devices make remote monitoring more practical than ever before. For example, it was recently showcased at the Samsung “Voice of the Body” announcement of SAMI (Samsung Architecture Multimodal Interactions), the company’s cloud-based data broker platform, demonstrating how the PhysIQ platform uses multiple streams of biometric data to create a numerical Wellness Index.
Today’s wireless networks, non-invasive sensors and ultra-low power consumption chips are now being combined to enable the continuous collection of physiological data from ambulatory patients and health conscious consumers alike. However, this will create a tsunami of data that can quickly overwhelm users and prove to be difficult to interpret.
The power of the PhysIQ platform is that it analyzes numerous data streams originating from any sensor or wearable device to gather key data about a patient’s physiology, including heart rate, blood pressure, oxygenation of the blood, respiration rate and many other biological signals. It then readily converts this physiological data into meaningful information that can be used by clinicians or consumers to make informed decisions and change behavior.
Turning human data into intelligent, actionable insights
“The challenge of remote monitoring is to identify subtle precursors against a backdrop of normal variation. PhysIQ provides exceptional insight by processing and synthesizing multiple data streams in real-time to create an individualized patient profile,” explains Dr. Martin Burke, University of Chicago Medical Center. “A holistic baseline profile makes it possible to pinpoint discreet changes that might otherwise go undetected, yet represent significant clinical departures from the patient’s normal baseline. This provides an invaluable diagnostic tool to help physicians improve patient quality of life and reduce the cost of care.”
Dr. Burke is overseeing clinical studies involving the PhysIQ platform. PhysIQ has conducted two clinical studies on heart failure patients at the University of Chicago Medical Center, and is preparing for a third study, while in the process of adding several new study sites. The PhysIQ platform is also the brains behind the company’s VitaLink remote patient monitoring product that recently completed a paid pilot study with the United States Department of Veteran Affairs. VitaLink uses an Android smartphone app to transmit vital signs in real-time to PhysIQ’s data center, where data is analyzed and made available for clinical use.
The company plans to submit a 510(k) to the FDA later this year. PhysIQ also recently closed on a $4.6 million Series A funding round led by the LionBird investment firm. The funds will be used to accelerate PhysIQ corporate growth via additional clinical studies and regulatory filings.
Based in Naperville, IL, PhysIQ is a company dedicated to making a difference in people’s lives through its proprietary personalized predictive analytics technology. PhysIQ is a proven, first-of-its-kind data analytics platform designed to process multiple data streams to create a personalized normal baseline for each individual, then monitor and detect clinically significant departures from the norm to enable timely corrective action in the regulated healthcare and unregulated health and fitness markets.
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Mar. 23, 2017 12:30 PM EDT Reads: 1,009
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Mar. 23, 2017 12:30 PM EDT Reads: 878
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
Mar. 23, 2017 12:30 PM EDT Reads: 356
SYS-CON Events announced today that Addteq will exhibit at SYS-CON's DevOps Summit at Cloud Expo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Addteq specializes in creating innovative solutions to solve business processes through the use of DevOps automation. Addteq was founded on the firm belief that automation is essential for successful software releases. Addteq's products and services are centered around the fundamental approach of understanding the pr...
Mar. 23, 2017 12:30 PM EDT Reads: 2,591
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Mar. 23, 2017 12:00 PM EDT Reads: 682
Peak 10 has announced that it has completed a 20,000 square foot expansion of its Cincinnati-area data center, a 6,000 square foot expansion of its data center campus in Charlotte’s University Research Park, and added a pair of seasoned executives to its leadership team. This further propels the company on its aggressive growth trajectory to meet the rising demand for flexible hybrid IT strategies and solutions across its enterprise customer base. Cincinnati is home to companies like Kroger, Pr...
Mar. 23, 2017 11:00 AM EDT Reads: 2,291
VeriStor Systems has announced that CRN has named VeriStor to its 2017 Managed Service Provider (MSP) 500 list in the Elite 150 category. This annual list recognizes North American solution providers with cutting-edge approaches to delivering managed services. Their offerings help companies navigate the complex and ever-changing landscape of IT, improve operational efficiencies, and maximize their return on IT investments. In today’s fast-paced business environments, MSPs play an important role...
Mar. 23, 2017 11:00 AM EDT Reads: 1,866
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
Mar. 23, 2017 10:45 AM EDT Reads: 1,289
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
Mar. 23, 2017 09:30 AM EDT Reads: 2,418
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
Mar. 23, 2017 08:30 AM EDT Reads: 2,586
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
Mar. 23, 2017 08:00 AM EDT Reads: 1,993
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Mar. 23, 2017 08:00 AM EDT Reads: 3,669
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Mar. 23, 2017 08:00 AM EDT Reads: 3,226
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
Mar. 23, 2017 05:30 AM EDT Reads: 1,305
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
Mar. 23, 2017 05:30 AM EDT Reads: 3,079