IBM emerge as Broker of Health Data
It is wonder that an unlikely domain of partners now teamed up to grow capital to do business with health related personal information. IBM partners with Apple, Johnson & Johnson and Medtronic to form Watson Health Data venture. The partnership was unveiled by IBM on last Monday which also features the acquisition of two medical data software firms.
IBM will utilize its experience in data processing for health sector, and is a part of planning to bundle up and analyze data from other organizations of which health channel and Twitter are just an example.
IBM will focus to boost the health care software to new heights by developing new and improved app series that will help and assist patients and providers.
The partnership enlightens growing view among Tech suppliers and Pharmacists as the patient information is something valuable for both patients and for business as well.
The new service by IBM focuses the real time data gained by personal electronic devices including fitness trackers, implantable devices and some other connected medical devices.
IBM is building a dedicated business center in Boston with title IBM Watson Health that will include about 2000 professionals including medical practitioners, consultants, researchers, and developers with main aim to develop Watson Health. To aid the current project, IBM has also acquired two companies which are known for their state of art healthcare technology, i.e. Phytel and Explorys, to expand analytical capabilities.
The Apple SVP of Operations, Mr. Jeff Williams said that, “With Apple’s groundbreaking ResearchKit, researchers can easily create apps that take advantage of the power of mobile devices to give them rich data from a diverse global population.”
He added that, “Now IBM’s secure cloud and analytics capabilities provide additional tools to help accelerate discoveries across a wide variety of health issues.”
In short, the new partnership between techs giants will empowers doctors and researchers to access real time insights and behavioral data from health consumers on a larger scale that was never possible in past.