Tag: technology

Webit.Festival Europe 2017 shaped the milestones for all things digital in healthcare

The topic will be continued in 2018 with a separate 2-day event called Webit.Health co-chaired by Plamen Russev, the Chairman of Webit Foundation and Prof. Shafi Ahmed, Co-founder and surgeon of Medical Realities. Make sure to book your tickets now, at the Super earlybird price here. 2017 health Summit saw some of the biggest companies’ representatives in the world sitting together in a panel discussion - Rumyana Trencheva, Managing director SAP SountEast Europe, Mr Omer Saka, Partner at Deloitte, Dr Stamen Popov, General Manager Oncology of Novartis and Milena Stoycheva, CEO of JA Bulgaria, moderated by Dr. Rosen Dimitrov, Public Affairs Manager at Novartis. You have a vast experience in healthcare and innovations and wish to tell us about it - apply for speaking here. Ms Trencheva gave a good start of the discussion assuring that megatrends all over the world are not something selected, they are not happening in selected, VIP, countries - they are spreading. The contemporary consumer is demands more and more from the pharmaceuticals, from the technology companies and it is becoming ever more challenging to make sure consumers’ needs are met.

The change of our perception on what healthcare is

Another megatrend that was clearly stated by Mr Saka is the change of our perception on what healthcare is do we mean a pill, a medical device of some kind or a hospital bed. The key solution is finding a way for these three elements to work together in the modern healthcare system. Furthermore, the matter of how much we, as consumers, pay for healthcare came to forefront. It is expected that in the next 10 years or less patients will be treated and will be provided with solutions that go beyond the pill - and this is for the mass, not only for the selected ones who can afford it. Dr Popov clearly stated that pharmaceutical companies no longer rely on the pill as a method of treatment - they broaden their vision using the digital technologies and these solutions will very soon come to patients who need them. This gives a huge advantage - transparency. Each of us, as human beings, is a data center, based on the choices we make every single day. In fact, transparency in healthcare system is a major block each of the technology companies all over the world are trying to achieve.

With this follows one of the most important Megatrends - prevention as the form of treatment

It is considered that people nowadays take more and more care of themselves - in the form of wellness. We will have a huge number of population taking great measurements to maintain their health; in order to survive, people will take ownership on one’s health, environment and the ecosystem as well as putting efforts into changing the ecosystem. Finally, all these megatrends are impossible to happen without collaboration of technology companies, startups to bring fresh ideas and doctors. There’s no need for an engineer to develop an app by himself when they clearly don’t know specifics, rather, it is the healthcare industry to develop and change the ecosystem. Going out of the pharmaceutical industry, the biggest companies are also working on building connections with physicians and to use these relations to  integrate new type of companies into this world. Webit.Health will continue this kinds of discussions in 26th - 27th June with ever more interesting guests who will show in action and demonstrate the modern healthcare - something that is happening now, not some time in the future. If you have an interesting idea and your company is less than 5 years old  - show it by applying here.  

When we think for a minute about mobility and transportation, it is a thing so ordinary and habitual to our lives that we don’t even realize how essential it is. If we think about what our lives would have been without access to mobility and transportation, to say we’ll have quite a challenging day wouldn’t be enough to portray what a day without these facilities would look like. Even more, to the present-day, so accommodated to technology generation. The Managing Partner at New Mobility Consulting Alexander Renz presented his vision on the future of mobility at Webit.Festival 2017 in Sofia. One of the trends in mobility is connected vehicles. Vehicles become connected, these connected vehicles become part of the Internet of Things, which implies quite a lot of  security risks, but also opportunities to deliver new services to the vehicle and customers. Another trend is autonomy, the role of AI self-driving cars, drones, and who knows where it’ll end. A future of cars driving around looking for passengers to pick up or to deliver goods from town to town is not unimaginable at all. Thanks to Elon Musk we’re on the way to accomplish zero emission mobility, enabled by electric cars and infrastructure. It doesn’t only concern about creating the vehicle but a complete system with energy generation, electric charging infrastructure and the vehicles adapted to the new system. The major problems in cities - parking, deliveries, ticketing, faster and better transportation and infrastructure are all on the table of resolving. The key thing is, that this is no longer a world where technology plays a role in making things better but it’s a complete technology driven transformation of a critical sector.

This transformation of mobility will impact a lot of different industries.

The model of owning a car has been already challenged since the birth of Uber, Lyft and other examples of the sharing economy. Once we're ready and sit in our self driving vehicles, the monetization model of the future would be very different from today - the use of Internet services, the  type of content we'll consume in in our added spare time while we don't have to drive. Mobility and transportation is an industry being heavily disrupted and has yet to be disrupted, still.    

“Some technology solutions may not only erase physical or mental deficits but leave patients better off than ‘able-bodied’ folks. The person who has a dis-ability today may have a super-ability tomorrow.”

Stephen Hawking

What are the “assistive technologies”?

check the upcoming 👉 Webit.Festival 2018

  Simply put, this is a technology that is used to increase, maintain, or improve the functional capabilities of people with disabilities. To give you a quick glimpse into understanding, the name Stephen Hawking would help. Hawking has experimented with numerous technologies of this kind. He has communicated using a spelling card, indicating letters and forming words with a lift of his eyebrows. Then, with the help of a computer program allowing him to select words and commands using a hand clicker linked to a speech synthesizer, he has obtained a voice. By moving a single muscle on his cheek and selecting characters from a software screen keyboard, he is able to deliver his thoughts. Normally, one would say that such technology is good for people with disabilities. That way they can:

• continue learning or
• be able to maintain a profession.

But what is more important is the chance to communicate so they can be in touch with their surroundings or to be informed about their options, make decisions and express their opinion.

Technology has played an immense role in helping scientists invent different devices in order to help people with disabilities.

There are hearing devices already put in use, eye tracking and brain controlled interfaces that help to communicate with a computer. Developments towards making artificial retinal implant that can restore lost vision, cars for blind people, exoskeletons assisting people with movement difficulties, enhanced learning for people with learning disabilities that measures and stimulates the brain’s activity. And the big top: brain computer interfaces - a direct communication pathway between an enhanced or wired brain and an external device. The use and progress of Artificial Intelligence is a big stake in improving people’s lives but the thing is that these technologies are being constantly developed and people have benefited from this but these same people are not so many at all 60% of the people are afraid of the progress in AI and robotics. How much will they develop? Will the scenarios from almost all Hollywood movies on the theme shift to reality?  We will just have to wait till 2045 and see if Ray Kurzweil’s prediction about the Singularity Point will turn up to be true and whether AI will be developed to such an extent that we’ll be able to merge with it. Watch the full keynote of Maurice Grinberg, Director of HiLab for getting a wider perspective on what AI is here: [embed]https://www.youtube.com/watch?v=ZYPrwZqE9vo[/embed]      

Do your friends ever talk about blockchain, fintech, transactions, etc.. and you just sit there not knowing what to say? Alexander Shulgin is here to bring some light and educate us on these terms. Bitcoin, he explains, is not a currency, although we use it like that. It is in fact a decentralized distribution data based technology based on trust, used for transactions, agreements, etc.

Do you believe that blockchain affects only banks and banking institutions? Well, you are wrong.

The first companies to use this technology were not banks, nor are the ones that use it today - companies like Apple, Alphabet, Microsoft, Exxon Mobile. It will disrupt firstly intellectual property, for example, as well as other intangible assets. Nowadays, a priority of all the businesses is to establish a global database for intangible assets. Without them, businesses cannot do any IoT, anything that is based on blockchain. It became clear that blockchain and Intangible assets go hand in hand, but they also create a platform for

• knowledge economy and
• creative economy

on which every single sector in the future will be based on. The infographic shows the starts of tomorrow and they are based on patent IP and full copyright. A case study that Alexander presents can be seen here: [embed]https://www.youtube.com/watch?v=ZScSjPjPEqg[/embed] Keep up with Webit.Festival 2018 agenda with a series of startup events such as the Founders Games, Startups & Investors Summit, nurturing the connection between these two intertwined parties. And more.

At Endeavour's Dare to Scale Rosen Plevneliev - the president of Bulgaria 2012-2017, Fernando Fabre - president of Enveavor Global, Vassil Terziev - Co-founder of Telerik Acacdemy had a panel discussion about the value about Entrepreneurial Ecosystem, moderated by Plamen Russev - Chairman of WEBIT Foundation.

Strengths to focus on and weaknesses to work on

The discussion went through 3 stages - Bulgaria, Region and Global. Vassil Terziev took over the first stage going through the last 10 years of developing an entrepreneurial spirit in Bulgaria and bringing all the components of a working Ecosystem together. They include people, events which gather several thousand people together talking about the future. New and new formats are coming to Bulgaria every year. "The growth is a function not only of time, but also of communication and aligning the economic interests. In order something to be sustainable it has to make sense for everybody involved. And this is what is still missing."  - mr. Terziev said, but staying still optimistic about what the Technology Ecosystem that's being built can do for the other sectors in Bulgaria.

It's a kind of magic

"I believe in magic big time. We need the magic of giving back."  mr. Plamen Russev We already have the Ecosystem startups and they are growing but do we need to focus on scale ups more? "They will make Bulgaria a better place, Through WEBIT, through Enveavor and other formats we will build those scale ups who will give back to the community." We need an ecosystem where every single person grows within the idea that he or she has to give back to the community – like the Israerli ecosystem. “You can’t say “I’ve done enough, now it’s time to give back” – no, you give back all the time. ”

The Local Heroes

Mr. Rosen Plevneliev talked about the ambition of Bulgaria and how he shared his thoughts with several entrepreneurs in the Silicon Valley. “You are as big as your dreams are, not as big as your territory is. And to be globally strong, we need to be locally strong. This is what you, the local heroes are doing right now.”

A map of ecosystems

Mr. Fernando Fabre took the audience on a world tour of the Ecosystems – from Buenos Aires, Mexico City, Silicon Valley, New York to Tel Aviv, Beirut and so on. He shared his opinion that it all goes down to inspiration. Big entrepreneurs inspire others – they grow and do the same – thus multiplying the mindset. “You call it giving back, Local heroes, I call it multiplying effect these are three terms that are exactly the same.” Webit Foundation commits its annual funds to foster the development of the startup and innovation ecosystems in the regions our global events take place. Founders Games is the startup competition in the program of Webit.Festival Europe. During the event we not only provide free grant for startups to get a free expo table, free festival tickets and opportunity to meet unparalleled selection top enterprise leaders from all around the world + investors, but also an opportunity to WIN €200 000 seed investment! Find out more about the Founder games here.

Raj Samani is the Chief Scientist of McAfee. He is an active member of the Information Security industry, through involvement with numerous initiatives to improve the awareness and application of security in business and society. He was inducted into the Infosecurity Europe Hall of Fame in 2012. At Webit.Festival Europe’17 he was talking about cyber criminals, who are having a pretty good life, living like celebrities, but their money is not from hard work, this is stolen money! He wants us to know what are we up against - a brutal individuals, who have more money than we do and they are investing and growing every minute. Some of the targets of cyber criminals are hospitals - for example, in the UK they attacked a hospital via email and the result was that every emergency patient was no longer treated! These crimes don’t affect random individuals, they affect the whole world. The most disturbing thing is that ransomware could be done by 11-year-old children. It is simple like that! Nowadays children have online access to guns, drugs and could run campaigns, which is very worrisome on so many levels. Today with ransomware you have 3 ways - neutral data, paid criminals and now you can have your data back. Raj said that until July they have provided 10,000 successful decryptions free of charge - that’s 4 million US dollars, who haven’t gone to the criminals and people got their data back. You can watch his presentation  [youtube https://www.youtube.com/watch?v=Ts1FttnxQEI] Webit.Festival Europe 2018  will gather again top speakers, policy makers and enterprise leaders Visit our website and book our Super Earlybird tickets. Feel the Webit vibe with some of the best photos from this year’s event! [easingslider id="4954"]  

Eric Klinker, former CEO of Bittorent and now Chief Executive Officer of Resilio Inc, was again among the top speakers at Webit.Festival Europe 2017 in Sofia. Mr Klinker now heads Resilio, spin-off of Bittorent, aiming to empower the IT administrator with world leading technologies to handle the ever expanding demands of moving big data reliably and fast over any network to any number of endpoints. Cloud computing is now a huge part of our personal lives as we use it for storing pictures, documents and other data. Huge companies also use it to store all of their data, but according to Klinker, and with the help of IoT, edge computing could soon overtake the cloud. Edge computing refers to data, being processed in the edge of a network instead of holding it in a cloud or a data warehouse. This reduces the communications bandwidth needed between sensors and the central datecentre and also, could eliminate a lot of security and privacy issues, because of its closeness to the edge of the data. "I start with the notion that IT is really good at one thing - it reliably produces cheap metaphors and buzzwords to help explain the things that we have always been doing. So in this way putting a bunch of computers in a room, called a Data Center is suddenly the Cloud. And the Cloud is easily the most successful IT buzzword we have ever seen. It is pure marketing genius", Mr Klinker said at the beginning of his speech. But he believes the pendulum is swinging. "While Mobile very much lives at the edge of the network, the processing power of the average early mobile device was so low, that it had to be combined with Cloud Computing to be useful. So all the processing of the web apps lives in the Cloud and in reality mobile computing is really a centralized computing exercise. But again, I think we can see the pendulum swinging. We can see IoT coming and we can see a world, where edge computing may finally come to life. And we will probably have more computing power and more computers on the edge of the network than we will have in data centers", the CEO of Resilio predicted. Mr Klinker explained that world of computing is driven by Moore’s law, which says that computers are going to get cheaper and more powerful and that they are going to do it exponentially over time. That means that there is going to be a lot more computers at the edge. But it also means that they will consume much more data than they could before and that is going to create much more data. And here edge computing can help. "A data by itself is not useful if you can’t network it to other computers to do useful things with it. The network is more like infrastructure. It is built with tools called back codes. They don’t obey Moore’s Law, they don’t double in productivity every 18 months. So what you are going to see in the next years is the diverging gap between the amount of data we can generate at the edge of the network and the capacity of the network to deliver that data to the places we needed. And that stress will be felt very acutely in the Cloud. Computing power is obviously going to grow on the edge. Other thing that drives challenges is the need to centralize all the computing in one place. We could put enough computers and data centers at great expense and effort for a while if we have the budget of Google to support computing trends like Mobile. But IoT will add two or three orders of magnitude more computers into the internet. Can we really continue to scale data centers like we do now?", Mr Klinker asked.

We often think about innovation and science as a one whole thing. But in the age of connectivity and information sharing most of the science-based organizations remain disconnected from the Cloud computing and its amazing capabilities. Fortunately this is going to change fast because of the fast development of IoT solutions that are going to cut the research and development costs of companies and help them invest more into amazing science discoveries that will benefit all of us. During the IoE Summit of Webit.Festival Europe the Founder and CEO of Elemental Machines Sridhar Iyengar took us on a journey through the process of making science in the Digital Age and shared his vision about overcoming the obstacles that science-based companies face today. Sridhar also founded AgaMatrix, a blood glucose monitoring company that made the world’s first medical device connecting directly to the iPhone and shipped 15+ FDA-cleared medical products, 2B+ biosensors, 6M+ glucose meters, with partnerships with Apple, Sanofi, and Walgreens. He is a holder of over 30 US and international patents. His presentation showed our guests how the IoT technologies are accelerating science-based work and are helping for the development of new drugs and products that are crucial for our common future. Iyengar explained that for investing in science-based organizations is often perceived as too risky for venture capitalists and angel investors. The main reason is that such activity requires serious initial capital and is still full of unknowns.

“I’m from Boston and biotech companies here raise $40 million as their first round of investment. And most companies don’t raise that much money through the entire process of their existence. Yet if you are going to develop a drug it is going to cost you tens, or even hundreds of millions of dollars”, the expert explained.

People who work in technology fields understand Moore’s Law and the fact that the processing power of computers is growing exponentially. But what most of us don’t realize is that in biotech world it is quite the opposite. Eroom’s Law (Moore’s Law spelled backwards) says that as the years goes on the amount of money needed to produce new a single drug is growing. So for every $1 billion dollars that is invested into making a new drug, you get less and less ROI. One of the main obstacles before making science is the fact that every activity is done in the physical world. This creates hundreds of factors that influence and cause variations in the end result. According to Iyengar doing science is very similar to writing code. Working in a laboratory or a manufacturing facility requires following a procedure and a protocol. Code is nothing more than a set of procedures and steps that machine executes. When things co wrong in code, developers have tools, called debuggers. But in science there are no such tools and the debugging process is much harder.

“It is pretty much like baking a cake. You follow recipe, you bake it and supposedly you should get the cake out. If each of us took home the same recipe for chocolate cake and we came back tomorrow, we will probably have dozens of slightly different kinds of cakes, even that we followed the same procedure. In cooking it is okay, but when you are making a drug, it is no”, he said.

In software our operating system may be iOS, Windows, Linux or else. But in science-based industry the operating system is the physical world. Because every time doing experiment, every time you test something on a mouse, every time you do a sequence of a genome, the physical world changes. And if you are trying to do the same things in two different days, you have to make sure that all the conditions are the same. This is the most important thing about science - that everything is based on physical properties. When something goes wrong with your final product there are millions things that could have caused why it could went wrong. And finding that is actually really hard and takes a lot of time and resources. [caption id="attachment_5044" align="aligncenter" width="640"] The Founder & CEO of Elemental Machines Sridhar Iyengar[/caption] Right now pharmaceutical companies invest millions of dollars in research and development, but very little of this scientific world is actually connected to the Cloud. We already have smart homes and devices, and now is the time to develop smart laboratories and factories that are able to share their results and reap the power of cloud computing. Maybe the best example of that is the San Francisco company Emerald Cloud Lab (ECL), which Iyengar described as “the Amazon for science”. It has developed a fully robotized laboratory. If you have a science experiment you just have to go to their website and code the process and machines will execute it. The first cloud connected laboratory in the entire world gets the human error out of the equation and guarantees the same results in every execution of the process. In the long-term offering experimentation as service may revolutionize the science-based businesses by cutting their costs and removing the need to develop their own research in development facilities. Another example of great innovation is the Bay Area company VIUM, which have a digital mouse lab and removes the actual mice from the drug test process. It collect terabytes of data on mice with dozens of sensors.

“They know how much they sleep, how much they walk around, which direction is their nose pointed, how often they feed. And every single thing is captured, so that when something goes wrong you have a huge database where you can go through and debug what may have happened”, Iyengar said.

Тhese are two examples of how IoT, connected devices and cloud computing are being applied to drug discovery and science and research, but there are many more to come. You may watch Sridhar Iyengar’s full lecture here: If you want to keep up with the latest trend in the world of digital economy and technology, then Webit.Festival is the right place for you. Visit our website and book 2 of our Super Earlybird tickets for Webit.Festival Europe 2018 for just €100. Feel the Webit vibe with some of the best photos from this year’s event! [easingslider id="4954"]

Over the last few decades, the Information and Communications Technologies (ICTs) have become the modern economy’s greatest driver of innovation, productivity and growth. This industry managed to transform every element of business and society and to enable productivity and innovation in every sector of the economy. But to realize the full potential of this amazing opportunity, we first have to transform our education systems, so that they can create people with the right skill set to reap the benefits of the digital economy. This year, Webit.Festival will gather in Sofia Tech Park more than 300 speakers from every corner of the world. Within two days (25th and 26th of April) they will share invaluable experience from the largest enterprises in the digital industry and will explain to more than 5000 attendees from 90+ countries the key factors that will shape our future. During the IoE Summit you will get the chance to listen to the Director of Strategic and International Development at Wolfram Research Conrad Wolfram, among many others. The physicist, mathematician, and technologist, is uniquely operating at the intersection of computation, data and knowledge. Wolfram technology and consulting solutions drives innovation in data analytics, software development and modelling from startups to Fortune 500 companies, in industries as diverse as medicine, finance and telecoms. They include Mathematica software, the Wolfram|Alpha knowledge engine (powering knowledge answers for Apple's Siri), Enterprise Private Cloud and the Wolfram Language. Conrad is also recognised as a world authority on fixing maths education, including advocating a fundamental shift to focus on computer-based computational thinking rather than hand calculation. He founded computerbasedmath.org (CBM) to drive implementation of the change — now a worldwide force in re-engineering the curriculum with early projects in Estonia, Ireland, Sweden and Africa.Conrad attended Eton College and holds degrees in natural sciences and maths from University of Cambridge. On Webit’s stage, he will explain how the importance of quantitative understanding for jobs, society and management has exploded over the last few decades. He will also talk about the importance of understanding the changing role of computers and automation of knowledge is crucial. Conrad Wolfram will address these questions, explaining the fundamental shift needed in education, and describing the major project he's founded to build a dramatically new, problem-centric computational thinking curriculum. Here you can see a full list of the confirmed speakers at Webit.Festival, while here you can get all the information you need about the tickets for the event.