When the U.S. Food and Drug Administration announced in April that it would let 23andMe market its Personal Genome Service Genetic Health Risk tests directly to consumers, it was seen as a victory for consumers to be more proactive in their healthcare and lifestyles.
Indeed the tests would assess the patient’s likelihood of inheriting 10 different diseases, like Parkinson’s and Alzheimer’s.
But there’s one major problem.
Germany has always been a place for industrial invention and innovation, reflected by the creation of the concept of “Industrie 4.0” by the German Government.
Last week saw Europe’s leading technologists involved in the digitalization of industry bought together at Hannover Messe to showcase their answers to the key question faced by industrial enterprises everywhere: How can I best get my company into shape for the digital future?
The Xconomy San Diego Forum on the Human Impact of Innovation offered a window into how information technology and science, marching hand-in-hand, will shape healthcare. “IBM’s Watson is not the only breakthrough game in healthcare,” was the best summary of the afternoon.
Today’s unpredictable markets demand that as you maximize performance from your current business model, you must in parallel be designing and developing new business models to disrupt the current cash generators. Otherwise, start-ups will turn your company into a dinosaur.
Big Wall Street companies are using a complicated technology called blockchain to further increase the already lightning-fast speed of international finance. But it’s not just the upper crust of high finance who can benefit from this new technology.
Most simply, a blockchain is an inexpensive and transparent way to record transactions. People who don’t know each other – and therefore may not trust each other – can securely exchange money without fear of fraud or theft. Major aid agencies, nonprofits and startup companies are working to extend blockchain systems across the developing world to help poor people around the world get easier access to banks for loans or to protect their savings.
Have you ever seen your nieces or nephews or a high school friend after a ten year hiatus? You are amazed at how much they have changed. You wonder when did they grow up? It seemingly happened overnight and that is slightly disconcerting.
Time and absence can play that trick on science too. In April 2008, I reported in these “pages” on the Stem cell frontier on display at Promega. In that conference, UW Scientist, Jamie Thomson, gave an update on his recent discovery on how to turn fully differentiated, mature cells into new stem cells that could, via biological magic, turn into any different mature tissue cell type.
Wearables are now a significant part of corporate wellness and remote patient monitoring programs. However, long-term investment from seniors remains a challenge, despite an increasing need for seniors to have better healthcare options.
Garmin and Tactio Health Group, two major companies involved in telehealth and wearable technology, are combining forces to provide a telehealth solution specially designed to monitor the daily health and well-being of seniors.
Chinese internet giant Baidu has said it will share much of the technology it has created for its self-driving cars.
The firm predicted that the move would help drive the development of autonomous vehicles.
Called Apollo, the project will make a range of software, hardware and data services available to others, especially carmakers.
Agriculture, manufacturing and tourism are the holy trinity of the Wisconsin economy and may always be so, given the state’s rich traditions in all three sectors.
Technology increasingly drives each of those sectors, however, and is slowly building an impressive standing of its own in terms of the jobs and value it adds to the Wisconsin economy. A recent national report makes the case.
The 2017 “Cyberstates” report from CompTIA, the nation’s largest leading tech association, showed Wisconsin cracking the 100,000-job barrier in 2016 for the first time. The report, which draws upon a mix of public and private data, counted 101,542 state tech workers last year compared with 97,633 in 2015.
Most of the world’s largest banks and financial institutions have already allocated billions of dollars to the development of Blockchain technology. The question remains, will Blockchain technology revolutionize the finance and legal industries in the same way the Internet changed the media industry, once and for all?
The industrial Internet of Things (IIoT) is a major part of the “fourth industrial revolution”, but only 26 percent of decision makers have a well articulated digital transformation strategy.
That’s according to a 2017 Survey Report conducted at the Industry of Things World, which surveyed 1,124 decision makers. It found that most knew the importance of IIoT deployment, but were taking a ‘wait-and-see’ approach to the new technology.