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Transforming Healthcare with AI: YiduTech's Gong Rujing at Summer Davos

Business

Transforming Healthcare with AI: YiduTech's Gong Rujing at Summer Davos
Business

Business

Transforming Healthcare with AI: YiduTech's Gong Rujing at Summer Davos

2024-07-01 10:17 Last Updated At:14:15

DALIAN, China, July 1, 2024 /PRNewswire/ -- "AI in healthcare is extremely challenging. For companies, it requires not only solving scientific problems but also understanding AI technology and respecting the complexity of the healthcare industry." At the 15th Annual Meeting of the New Champions, also known as Summer Davos, in Dalian, Ms. Gong Rujing (Yingying), Chairwoman and Founder of Yidu Tech, was invited as a distinguished representative of the healthcare technology sector. She shared her unique insights into the future of AI in healthcare during the thematic dialogue on "Healthcare Analytics, Not Moving Fast Enough."

This year marks the 10th anniversary of Yidu Tech and Ms. Gong Rujing's decade-long dedication to the healthcare industry. "I will continue this mission for decades to come and strive to do even better," she stated. From the inception of her entrepreneurial journey 10 years ago, she has been driven by the mission to leverage the power of technology to deliver precise healthcare to every individual.

Ms. Gong described the past decade as a journey filled with miracles and achievements. During this period, Yidu Tech has progressively established close collaborations with key stakeholders in the healthcare industry, including government agencies, hospitals, pharmaceutical companies, insurance firms, experts, and clinicians. As of March 31, 2024, Yidu Tech's "AI Medical Brain" YiduCore has been authorized to process and analyze over 5 billion medical records, covering more than 2,500 hospitals. Leveraging YiduCore's accumulated understanding of AI technology and medical knowledge, Yidu Tech and its partners are jointly driving innovation and progress in the healthcare field.

In regional population health management, Yidu Tech has assisted in constructing urban "health brains," with several benchmark projects implemented in cities such as Beijing and Ningbo. In AI-powered clinical research, Yidu Tech has supported researchers and clinicians in producing over 240 high-level papers, accelerating the application of research outcomes. Additionally, Yidu Tech provides clinical trial services to globally renowned pharmaceutical companies, helping them optimize trial processes, reduce costs, and bring new drugs to market more swiftly, ultimately benefiting patients. In healthcare management, Yidu Tech's AI technology plays a crucial role by analyzing vast amounts of medical data to provide comprehensive decision support to healthcare administrators, helping them optimize resource allocation and improve service efficiency. The number of active users on Yidu Tech's health management platform, each completing at least one transaction, has reached nearly 27.6 million. "These achievements are all empowered by medical data analysis and AI technology."

"We are now entering a new era of AI technology." The development of large language model technologies has opened up new possibilities across various industries. Yidu Tech has independently developed a large model specific to the medical field and is advancing its application across the entire healthcare industry chain, including medicine, pharmaceuticals, insurance, and patients. The goal is to promote further progress and innovation through new AI technologies. However, Ms. Gong also emphasized that the healthcare industry is professional, complex, and sensitive, and the application of new technologies must address challenges such as data security, privacy protection, and ethics.

"Data security and privacy protection are fundamental to the development of AI technology and medical big data technology. We must ensure that all stakeholders are satisfied with compliance, security, accessibility, and privacy protection." She illustrated this point with a vivid example: "If a patient is in a coma and in critical condition, unable to express their wishes, should the doctor immediately access their medical records without the patient's consent? This requires deep consideration and balance."

"AI technology still has a long way to go." She called on policymakers, healthcare institutions, and technology companies to work together to realize the immense potential of healthcare data. Ms. Gong highlighted that building trust is key, and enhancing data operability is essential to fully unleash the power of data. "It's not just about better data quality; it's about a better future for health."

Joining Ms. Gong in the dialogue were Professor Chong Yap Seng, Dean of the Yong Loo Lin School of Medicine at the National University of Singapore; Dr. Brandon Suh, CEO of Lunit; and Dr. Angela Wang Nan, Senior Vice President and Chief Investment Officer of Neusoft Group, and Chairman and President of Neusoft Europe.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Transforming Healthcare with AI: YiduTech's Gong Rujing at Summer Davos

Transforming Healthcare with AI: YiduTech's Gong Rujing at Summer Davos

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Outsized expands into ANZ offering innovative solutions to flexible talent needs

2024-07-03 07:10 Last Updated At:07:25

The company will address critical agility and specialisation shortages facing enterprises and consulting firms

SYDNEY, July 3, 2024 /PRNewswire/ -- Outsized, a global leader in the high-end independent talent market, has announced its strategic expansion into the Australian and New Zealand (ANZ) region. With a network of over 30,000 independent consultants and skilled contractors, Outsized is as the only on-demand talent platform specialising in high-end roles.

In 2023 alone, Outsized grew it's platform by over 50% in terms of talent members. Off the back of very strong year-on-year revenue growth since its inception in 2016, Outsized closed its Series A fundraising round in Q4 2023, and is on an expansion journey across the Asia-Pacific region.

The local Outsized team will be led by Sara Kahlau, a seasoned expert in talent models and innovation. Sara, previously at Booz & Co and icare NSW, and most recently a leader in the global on-demand talent market, brings a wealth of experience to her role as Managing Director, ANZ.

Outsized differentiates itself by taking a unique "human-first" approach, in contrast to the highly transactional model prevalent in the talent industry which traditionally serves to benefit clients only, albeit without long-lasting partnerships. This includes role scoping support, contracting, and relationship management, ensuring mutual benefits for clients and talent. This approach has been pivotal to Outsized's success, as evidenced by client reviews[1], across the wider APAC region, Africa, and the Middle East, and is set to redefine talent engagement in Australia and New Zealand.

"With Outsized, our customers in ANZ can expect a tailored approach that aligns talent solutions with strategic business objectives," Sara affirmed. "Our model ensures clients have access to all the skills they need whenever they need them, without the fixed costs, through our unique talent pool and virtual bench products, giving clients on-tap access to pre-vetted, highly skilled talent curated to their individual needs.

"In ANZ, demand for flexible, independent talent solutions is growing rapidly," noted Sara Kahlau. "Outsized fills a critical gap in the market by offering an intuitive platform that not only meets business needs for agility and expertise but empowers talent to shape their careers on their terms."

The ANZ expansion coincides with a trend where businesses increasingly turn to independent talent for agility, innovation and efficiency. In 2023, Outsized experienced an increase of 154% in the number of independents on contracts, up from an increase of 45% the year prior. Some of the key growth areas Outsized expects to see in the ANZ market includes Data, AI, Digital Transformation, Technology, Cybersecurity, and Sustainability/ESG.

Recent studies indicate that 88% of Australian businesses need talent with the right skills, especially in areas like Project Management, Business Analytics, and Digital Transformation[2].

Outsized's expansion strategy is bolstered by its existing relationships with major consulting firms and its specialisation in sectors including financial services, insurance, healthcare, and government.

"As we expand our footprint in ANZ, Outsized remains committed to delivering unparalleled value to our clients and talent partners," concluded Anurag Bhalla, co-founder of Outsized. "We are excited to embark on this journey, redefining the future of work through innovative talent solutions."

About Outsized

Outsized is a talent-on-demand platform for highly-skilled independent professionals. It enables large enterprises and consulting firms in Asia-Pacific, Africa, and the Middle East to implement flexible workforce models by providing access to vetted talent from a host of professional disciplines. With a focus on experienced professionals, and full-time contracts, Outsized empowers and supports both the people and the businesses that use its platform. Outsized has local teams based in Australia, Singapore, Malaysia, South Africa, India, Dubai, Saudi Arabia, and Bahrain, and is committed to creating a sustainable, win-win ecosystem for clients and talent.

[1] https://www.trustpilot.com/review/outsized.com
[2] Labour Market Update - December 2023 | Jobs and Skills Australia

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Outsized expands into ANZ offering innovative solutions to flexible talent needs

Outsized expands into ANZ offering innovative solutions to flexible talent needs

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