New innovation partnership with HealthBeacon
Leading Irish medtech company HealthBeacon unveiled its pioneering ‘Innovation partnership’ with Dublin City University earlier today at the official opening of ‘HealthBeacon Labs’ - a new research and development facility at their recently expanded Dublin headquarters.
The partnership, designed to accelerate cutting edge innovation within the healthcare arena, underscores HealthBeacon’s commitment to innovation in medical technology and healthcare. Both parties will work together to build predictive patient behaviour models based on real world insights, recognising the importance of data analytics in improving patient care.
To celebrate the venture, HealthBeacon hosted a "Business Breakfast Bytes" event. Guests heard from keynote speakers: Professor Tomas Ward, AIB Chair in Data Analytics at DCU and Funded Investigator, Insight Centre for Data Analytics; Kieran Daly CTO and co-founder and Jim Joyce, CEO HealthBeacon.
Speaking at the launch DCU Professor Tomas Ward said; “As Ireland’s University of Enterprise, DCU is delighted to partner with one of Ireland’s most exciting and impactful health companies. We both share a recognition of the importance of data analytics in helping us better understand human health and behaviour. We are very excited to work together with HealthBeacon to realise new science in this area”.
The partnership recognizes that the fusion of internet of things, technologies, artificial intelligence and large amounts of good quality data presents significant opportunities to meaningfully empower health care providers and their users, with insights which can lead to real improvements in healthcare delivery and patient-empowerment.
“HealthBeacon is dedicated to identifying new pathways to improve healthcare challenges through collaborative partnerships. Our partnership with DCU will nurture critical innovation within the healthcare arena to assist the acceleration and creation of better solutions. This work will ultimately result in better health predictions for improved health outcomes and quality of care” Kieran Daly CTO & Co Founder, HealthBeacon commented at the event.
Enterprise Ireland’s Innovation Partnership Programme supports the HealthBeacon and DCU initiative. Outlining the benefits of the programme and newly launched partnership, Eileen Bell, Senior Development Advisor, Enterprise Ireland speaking at the event said;
“The life sciences sector accounts for a significant level of Ireland’s export revenue and the ‘HealthBeacon and DCU Innovation Partnership’ is an opportunity to further build on our strong international reputation for excellence and innovation in healthcare and ICT companies. Through the programme new and emerging enterprises will have the opportunity to access expertise and resources to develop new and improve products, processes and services and will benefit through direct collaboration and co-ordination with Irish research institutes on opportunities within the marketplace”.
Eileen added; “Furthermore, this project will enable both HealthBeacon and the DCU group to develop new data analytics approaches potentially building a basis to investigate other health related routine and variation aspects that could qualify for future research. Enterprise Ireland is delighted to support the initiative, which will ultimately go towards improving our own health service and further elevate Ireland’s status as a global leader in healthcare solutions.”
At the event, the HealthBeacon team offered industry guests guided tours of their new “HB Lab” facility. The new Data Analytics Lab & User Experience Lab, collectively called "HealthBeacon Labs" signals the next phase in growth for HealthBeacon. The HealthBeacon Data team expects to double in size by June this year and is ready for the next phase of expansion. The opening of ‘HB Labs’ marks a pivotal point for HealthBeacon to understand data driven and evidence-based patient needs.