ABL-Tech Member News & Industry Trendletter * November 16, 2022
    In December's ZOOM Tables, we'll be discussing "Where Am I Typically "Blind"? Why?"

  • 12/01 - ABL-Tech OC ZOOM Table - featuring Ken Neeld, President & CEO, Delphi Display Systems, Inc.
  • 12/02 - ABL-Tech SGV ZOOM Table - featuring Miranda Su, Co-Founder & EVP, The Joy Factory Inc.
  • 12/09 - ABL-Tech WLA ZOOM Table - featuring Jim Meyers, CEO, T&C LLC and President, UiTV

ABL's (TECH) Innovations in Healthcare Awards
ABL's Innvoations In Healthcare Awards Logo

via ZOOM 9 AM to Noon (Set up 8:45)

Membership-wide ZOOM Event
Featuring TECH Keynoters & 3 "Innovator in Healthcare" Awardees

For 25 years, ABL has celebrated Industry Innovators in the country's largest - and most expensive - industry. This year, we're proud to honor five health tech leaders who are bringing innovative products to market that will reduce the cost of providing quality care.

This Year's Keynoters:

Dennis Boyle, Partner, Founding Team Member and a Senior Leader in IDEO's Health Domain, has spent half of his 40+ year IDEO career working with clients from startups to Fortune 100 companies in medical and healthcare industries, developing innovative products, services and strategies. Over the years, he has been named on 50+ patents and helped shape IDEO's "Design Thinking" methodology. In his "Design for Healthy Behaviors" course, which he co-teaches at Stanford's d. school, his student-teams work directly with individual patient-volunteers to use the design thinking process to promote healthy behaviors and to manage long-term chronic illness.

Robin Farmanfarmaian - Silicon Valley-based entrepreneur, author, investor and professional speaker, has been involved with over 20 early-stage startups, from curing cancer to medical devices and digital health. Her books include The Patient as CEO: How Technology Empowers the Healthcare Consumer and How AI Can Democratize Healthcare: The Rise in Digital Care.

ABL's Tech "Innovator in Healthcare" Awardees

Our three awardees will share inspiring stories about the PROBLEMS they identified, the SOLUTIONS they developed, their SUCCESS to date, the Big Picture OPPORTUNITY their invention/s can create, and invite you to PROVIDE THEM WITH INSIGHTS as they take their NEXT STEPS into a smarter, healthier future.

Dean Hovey, CEO of 8B Medical, has founded 12 design-engineering firms, the latest stemming from COVID's early days, when $50,000 ventilators were scarce. With a mission to build more affordable Smart ICU vents, the 8B Medical team built the first prototype within five months - for $1,000. 8B's suite of four Respiratory Assist Devices make breathing effortless and safe.

Eliott Jones, Co-Founder and CEO of Biospectal SA, provides biosensing technology that allows anyone to turn their smartphone into a cuffless, optical device capable of medical-grade blood pressure measurement - anytime, anywhere - without peripherals or accessories. They expect to improve the lives of over 1.3 billion hypertensives worldwide.

Ed Buckley is President and CEO of Select Data Inc., and visionary behind SmartCare(TM), which leverages AI to "read and convert" hundreds of pages of home health records into accurate two-page summaries in seconds, enabling clinicians and coders to quickly zero-in on the most relevant data to improve patient care - and bill appropriately for it.

RSVP Above for this Inspiring and Very Special Event!

1p.org Featured in Los Angeles Times

The recent Los Angeles Times article - No-interest micro loans: Philanthropist's new tool in preventing homelessness - spotlights 1p.org's creation of a fund to make interest-free loans to people facing imminent eviction.
ALSO, read recent blog posts from companies where Adam Miller is a Co-Founder and Executive Chairman: Remote recruiting: 8 challenges - and solutions! from Clovers; plus 6 Ways to Modernize Your Corporate Giving Program this Holiday Season and 68% of Nonprofits Say This About Donations vs Volunteers - "Show us the money!" - both from Groundswell. (Adam Miller, JD, WLA)

AfterNow Announces Prez Beta 2.0

AfterNow recently announced that they are opening Prez Beta 2.0, with many improvements and new features, including new object manipulation, 3D environments, notes recording, new home page, emojis, and more. It's first available on the Meta Quest and more platforms will follow soon.
ALSO, on AfterNow's LinkedIn page you can see a variety of recent examples of the company's data visualization capabilities. (Philippe Lewicki, WLA)

Alvaka Networks Celebrates 40th Anniversary & Comments on Cybersecurity Labor Shortage

On the afternoon of November 16, Alvaka Networks will celebrate its 40th anniversary with a party at its Irvine facility that will feature various product presentations, food, drinks, and more. MEANWHILE, read the recent article - Cybersecurity Labor Shortage Grows Worse in U.S. And Worldwide: Report, published by The Channel Co.'s CRN, which features quotes from Alvaka Networks. (Oli Thordarson, SGV)

Coherent Intro's 30 KW Laser Cutting Heads & Machine Vision System for Laser Welding Heads

Coherent Corp. has unveiled its next-generation flat sheet cutting laser head series with ultrahigh-power ratings reaching 30 kW. Industrial lasers with output power reaching into the tens of kilowatts are enabling faster cutting of thick sheet metal and driving the demand for cutting heads that match the evolving requirements.
AND, Coherent announced HIGHvision, a machine vision system for laser welding heads, that greatly improves the efficiency of manufacturing electric vehicle batteries and motors. HIGHvision is a turnkey system consisting of advanced machine vision hardware and software that enables laser welding heads to align to software-defined features on the workpiece in milliseconds and with ultrahigh accuracy. (Randy Heyler, SGV)

Eckert & Ziegler: PENTIXAFOR in Phase 2 Trial + Signs Agreement with Alpha-9

The University Hospital Aalborg (Denmark) has imaged the first patient with Eckert and Ziegler (EZ)'s Gallium (68Ga) boclatixafortide (PENTIXAFOR) in an international phase 2 trial. Code named PTF202, the clinical examination tries to measure the predictive potential of the CXCR4 receptor targeting radiotracer for the treatment of central nervous system lymphoma. If successful, PENTIXAFOR could change the way that chemotherapy will be prescribed in the future.
AND, EZ and Alpha-9 Theranostics have signed an agreement for the preferred supply of GMP grade Actinium-225. The reservation gives Alpha-9 priority access to EZ's high-purity, non-carrier-added Actinium-225, a radionuclide used for the next generation of therapeutic radiopharmaceuticals. (Frank Yeager, SGV)

Optimum Info Achieves Success with Kia Italy

Eight months ago, Kia Italy started using Optimum Info's flexible and cost-effective NOVA solution to improve their Network Planning and Performance Management. In this success story - Kia Italy Improves Network Planning and Performance Management with New Solution - Kia Italy reflected on the evolution from tender process, implementation, launch phase, and working with the NOVA system daily. (Arvind Verma, OC)

Parasoft Announces Upcoming Releases + Webinar on AI Innovations

Parasoft has announced the upcoming 2022.2 releases of Parasoft Jtest, the JUnit testing tool, and DTP, the intelligent reporting and analytics dashboard. They will include advanced unit testing for Java and static analysis with extensive rules and standards, such as HIPAA, VVSG, PCI DSS, and CWE, to help ensure on-time delivery and eliminate security vulnerabilities to protect customers from security risks.
AND, on December 1, Parasoft will present a webinar - AI Innovations That Improve Software Quality. (Elizabeth Kolawa, Ph.D., SGV)

Project Insight Names Thomas Leffler as President

Project Insight, the award-winning project and portfolio management software company, has announced its partnership with Thomas Leffler as President of Metafuse, Inc. DBA Project Insight (PI). PI software centralizes work, tasks, projects, and collaboration all into one easy-to-use online platform. PI has provided project portfolio management to 10,000+ companies since 2001. Thomas is an accomplished SaaS leader with achievements in corporate and entrepreneurial roles, spanning a variety of industries from startups to Fortune 500 companies. Most recently, he was President at Rivers Edge Pharmacy, where he was Co-Founder of Next eHealth and launched a disruptive and successful telemedicine technology platform. Earlier he was Co-Founder and CEO of iMatrix Software.
MEANWHILE, on November 17, Project Insight will present a webinar - The Top 5 Communication Pitfalls for Project Managers. (Thomas Leffler, OC)

VCP's Parent Covetrus is Successfully Acquired

Covetrus, parent company of VCP, has announced the successful completion of its previously announced acquisition by funds affiliated with Clayton, Dubilier & Rice and TPG Capital, the large-scale US and European private equity platform of global alternative asset management firm TPG. As a result of the transaction, Covetrus is now a private company, which will continue to operate under its current brands. (Bob Richardson, OC)

Dave Berkus on: Advice to Startups, Bottlenecks & Work vs. Job

The Keiretsu Forum has published an article featuring Dave Berkus and his "The Best Advice Startups Will Never Follow." Dave elaborates on the following: Don't accept money from family members; Don't take money from unsophisticated investors; Get investors to purchase equity; Don't talk yourself into high valuations; Don't take "Dumb Money;" and Don't walk away from rejection by experienced investors.
AND, in Your eye of the needle: Do you worry over bottlenecks?, Dave acknowledges that you should worry over quality and speed of service, and over bottlenecks that reduce the speed of completion of the total task. But the worst way to do that is to micromanage, to become the bottleneck in the process, to discourage individual creative thinking by others.
Other recent blogs from Dave include: How to avoid "death by meeting"; Is your WORK interfering with your JOB?; and Simplify your commission structure. Please. (Dave Berkus, SGV & WLA)

Get Visible on: SEO Tips & Other Business Hacks

Recent posts from GetVisible's Always Thinking Blog include: Top Reasons Your Website Isn't Reaching the First Page; Why Can't I Raise My Rankings?; and Top 4 Differences in Ads Between Facebook and Instagram.
MEANWHILE, in his own newsletter, CEO Jason Ciment continues to offer a variety of business tips and hacks, including:
>> Speed up wifi at home with this PC hack.
>> Play a fun game online for co-worker bonding purposes.
>> Scrape Twitter for emails; Then verify the emails you just scraped using this tool. (Jason Ciment, WLA)

Greenlight Information Services Participates in Webinars on Cybercrime & Updated FTC Safeguards Rule

Jason Makevich, CEO of Greenlight Information Services, recently partnered with Milestone Risk Management on a webinar - Keeping Cyber Criminals Out Of Your Bank Account - now available to watch on-demand.
ALSO, Jason was a speaker at another recent webinar - Does The Updated FTC Safeguards Rule Affect Your Business - which covered what you need to be aware of from a compliance security standpoint, and why MFA is now required for all businesses that are subject to the rule. (Jason Makevich, OC)

Half Past Nine on: Best AI Writing Software & Upgrade Your Online Ad Strategy

In Does AI Copywriting Work? We Tested 6 Of The Best AI Writing Softwares So You Don't Have To, Half Past Nine tries out and reviews six of the best AI writing software programs, with a primary focus on the comparative quality of content generated rather than testing out multiple features for every content format.
AND, in Upgrade Your Online Advertising Strategy; The Best Advertising Platforms In 2023, Half Past Nine has created a guide exclusively for brands that want to expand the impact of their paid advertising strategy, applicable for both B2B and B2C brands. They've included a quick summary of why you might use each option, which should help you pick out the most relevant ad platforms to investigate further. (Kenneth Shen, WLA)

LookinLA on: the Great Reset; Building Mobile Apps; Hybrid-Remote Biz Models; the Metaverse; and B2B Digital Marketing Trends
Profi on: Automating Corporate Training & Building an Online Wellness Community

Profi was recognized as a "Top Performer" in Capterra's 2022 Shortlist for Best Coaching Software, an "Emerging Favorite" in Capterra's 2022 Shortlist for Training Software, and more recently as "Category Leaders" in both Coaching and Course Authoring Software categories.
ALSO, read recent blog posts from Profi: 5 Ways to Automate Training Your Corporate Service Team with a Corporate Training Platform and Community-Building Strategies: How to Build an Online Health & Wellness Community. (Alina Trigubenko & Adam Miller, WLA)

ProProfs on: How to Conduct Assessments of Customer Service & Corporate Training

In How to Conduct a Customer Service Assessment, ProProfs discusses assessments of hard and soft skills, personality, how to create such an online assessment, and more.
AND, in How to Conduct Corporate Training Assessments to Boost Your ROI, ProProfs covers when and how to create such as assessment, benefits of doing so, and more. (Sameer Bhatia, WLA)

Marshall Toplansky on: If Gov. Newsom Runs for President, What Does That Mean for California Businesses?

A recent episode of the "Feudal Future Podcast," hosted by Marshall Toplansky and Joel Kotkin - entitled A Newsom Nation: Is Gavin Next? - discusses if Governor Gavin Newsom is angling for a presidential run, what does that mean for California businesses, and more. Dan Walters, author and Sacramento journalist, and Lori Cox Han, Chapman professor of Presidential Studies, share their predictions with the hosts. (Marshall Toplansky, OC)

Biospectal Partners with Amref Health Africa to Extend Global Access to Blood Pressure Management

Biospectal SA and Amref Health Africa, the largest health NGO in Africa, have announced the launch of a Mobile Remote Patient Monitoring hypertension management pilot program in Kibera (Nairobi), Kenya, the largest informal settlement in Africa.
AND, Biospectal is a finalist for the 2022 Europas as one of the Hottest HealthTech startups in Europe.
PLUS, Innovaud has published an interview with Biospectal's Executive Chairman about the Swiss startup ecosystem and our plans for the future. (Eliott Jones, ABL-Health SV)

El Camino Health Earns Top Honors in the 2022 Digital Health Most Wired Survey

El Camino Health (ECH) has earned Level 9 honors in the 2022 Digital Health Most Wired Survey from The College of Healthcare Information Management Executives (CHIME). The survey identifies and recognizes healthcare organizations that exemplify best practices through their use of information technology. CHIME surveyed 38,000+ organizations, and those certified as Level 9 and 10 are considered health IT leaders who have shown the most innovative use of technology and leveraged IT to improve patient safety and outcomes. (Cecile Currier, ABL-Health SV)

Elemeno Health Spotlighted in Docuseries from Emergency Nurses Association

The new docuseries, Emergency Nurses of the Future, from the Emergency Nurses Association, features Elemeno Health leaders discussing the importance of improving the mental health of emergency nurses as individuals, teams or a networked community, and how it leads to better care for patients. Elemeno also talks about their app invention and the impact on supporting emergency nurses worldwide by giving them access to important resources that help reduce medical errors and improve patient outcomes. (Arup Roy-Burman, MD, ABL-Health Bay Area)

FOMAT Medical Research CEO Interviewed on LATAM Medtech Leaders Podcast

Nick Focil, CEO of FOMAT Medical Research, participated in a recent episode of the LATAM Medtech Leaders podcast, which is a conversation with medtech leaders who have succeeded or plan to succeed in Latin America. Nick shares his and his company's background, clinical research trends in Latin America, FOMAT's current involvement in the region, the importance of cultural understanding, challenges they've faced, recommendations for others considering the region, and more. (Nick Focil, ABL-Health LA)

MEDA Angels FUND 1 Launches

MEDA Angels has announced the launch of its first fund, MEDA Angels FUND 1, which comes on the heels of 14 investments made over a 3.5-year period (since 2019) that has yielded a superior performance to date. MEDA says this is a great opportunity for investors to benefit from a diverse portfolio of MedTech and Life Science startup companies, all vetted by providers, payors, other relevant healthcare experts. To learn more, please contact Greg Buchert, General Partner. (Greg Buchert, MD, ABL-Health OC)

Select Data Offers "Spotlight On: Timely Initiation of Care"

The Spotlight Series from Select Data provides fast, on-demand education on topics that are immediately actionable by home health teams. Check out its recent short video: Spotlight On: Timely Initiation of Care. (Ed Buckley, ABL-Health OC)

Startups, Investors Bet on Remote Work Future

Even as more employers signal an end to remote work, tech startups and their investors are betting that it's here to stay, offering a range of digital tools designed to support a permanent workforce outside of the office. And those bets appear to be paying off. Later-stage remote-work startups are fetching hundreds of millions of dollars in investing rounds, drawing high-profile Silicon Valley investors. Corporate spending on remote-work technology is expected to reach $352.6 billion this year, up from an estimated $332.9 billion in 2021, according to IT consulting and research firm Gartner Inc. Spending is forecast to reach $381.5 billion by the end of next year, Gartner said. (https://www.wsj.com/articles/startups-investors-bet-on-remote-work-future-11667436359)

What COOs Will Need to Succeed in 2023 & Beyond

How many of us can name a famous COO? The role of the COO was low profile to begin with, and in the early 2000s, a trend toward flatter organizations and more hands-on CEOs took hold. But COOs are making a comeback. As of 2022, 40% of leading companies had a COO, with the financial and energy sectors leading the way at 48%. Furthermore, the role itself has changed - it's bigger, bolder, and more transformative than ever.
The COO job description has never been a fixed one: it varies by industry, organization, and need. Some COOs may see their role as that of a mentor, whereas others may be partners or heirs apparent to the chief executive. Managing day-to-day operations and executing the strategies of the top management team are only part of the job. In an uncertain post-pandemic environment, the COO role is evolving from its roots in the back office into a catalyst for technology-driven growth, strategic expansion, and employee empowerment. As chief executives increasingly become the public face of organizations and deal with external constituencies and stakeholders, it often falls to COOs to provide internal leadership and direction. And as operations face extraordinary disruptions, COOs are now key players in boosting organizational resilience and value creation.
McKinsey spoke with several current and former COOs from various sectors about what skills they see as necessary to operate effectively in the years to come. (https://www.mckinsey.com/capabilities/operations/our-insights/stepping-up-what-coos-will-need-to-succeed-in-2023-and-beyond)

5 Execs Share the Hardest Tech Jobs to Hire for Right Now

In October, companies were hiring for 317,000 open technology positions, up 10,000 from the previous month and undoing a five-month run of decreased tech role openings, a CompTIA review of U.S. Bureau of Labor Statistics data found. But some positions are harder to fill than others, depending on the novelty of a specific technology, the general availability of those skills, and even outside factors certifications a role requires. In a recent article, CIO Dive shared what 5 technology executives say are the hardest jobs to hire for: https://www.ciodive.com/news/tech-jobs-hiring-CIO/636316/

Some Companies Finding Humans Can Do the Job Better

Companies have been trying out automatons to serve food in restaurants, make home deliveries or do chores in stores, partly in hopes of easing the worker shortage. But some of those consumer-facing robots aren't passing probation. Among the disenchanted, FedEx Corp. said last month it was powering down Roxo, its last-mile delivery robot, to prioritize several "nearer-term opportunities," a spokeswoman said. Also in October, Amazon.com Inc. said it was ending field tests of Scout, its home-delivery robot, after learning that some aspects of its "unique delivery experience" weren't "meeting customers' needs," a company spokeswoman said. And over the summer, DoorDash Inc. said it was shutting down its Chowbotics business - best known for Sally, the salad-making robot - roughly 18 months after buying it.
Companies have entertained hopes that the growing variety of robots could help them not only weather the worker shortage, but speed up labor-intensive tasks, improve customer service by reducing the number of things the human workers have to do, and as an added bonus, position their brands as innovative and forward-leaning. Some of those efforts have been successful, at least partly. Others have ground to a halt, sending companies back to technology that is less sci-fi, but can be deployed more quickly and cost-effectively.
Despite the mixed reviews, around 121,000 service-sector robots were sold last year to carry out tasks from transportation to surgery to vacuuming, according to the International Federation of Robotics, an industry organization that conducts a yearly robot census based on global vendor data. (https://www.wsj.com/articles/robots-some-companies-find-only-humans-can-do-the-job-11667508854)

Walmart Adds More AR, Focusing on Speed & Ease

Walmart is adding new augmented reality tools to its app to make the site easier to shop - and help it win more sales in the upcoming holiday quarter. 'View in your home' lets users see potential home furnishing and décor purchases in their living space. It recognizes walls and includes haptic feedback, ensuring shoppers can see what the purchase looks like and that it fits. Shoppers feel the vibrations as they move the 3D models around their homes, stopping them from dragging items past the room's boundaries, making the experience more real. Compared to early AR efforts, it has improved realism and lighting. (https://www.mediapost.com/publications/article/379307/walmart-adds-more-ar-focusing-on-speed-and-ease.html)

10 Gartner Tech Trends to Watch in 2023

In Gartner's top strategic trends for 2023, a new, choose-your-own-adventure approach to key shifts in technology emerges, one that shows how businesses can use specific strategies and products to mirror overarching goals. Some businesses are keen on cost-cutting next year, while others are expecting skyrocketing growth levels. A third group is simply reinventing themselves, said Frances Karamouzis, distinguished VP analyst at Gartner, who added, "The three ways that you're going to achieve this is by optimizing, scaling and pioneering."
Here is a summary of Gartner's top strategic technology trends for 2023: Sustainability; Metaverse; Superapps; Adaptive AI; Digital immune system; Applied observability; AI trust, risk and security management; Industry cloud platforms; Platform engineering; and Wireless value realization. (https://www.ciodive.com/news/gartner-tech-trends-symposium/634251/)

EV Batteries Could be Repurposed for Energy Storage

Over time, lithium-ion batteries lose their capacity. So, just as smart phone users start thinking about swapping out their batteries once they've been forced to walk around with a charger to keep their phone working throughout the day, electric vehicle owners want a new battery once their range has been noticeably curtailed. With EV sales growing exponentially - and California's coming ban on gas-powered cars - there are soon to be a lot of used batteries on the market.
Meanwhile, sustainable energy has yet to solve the problem of how to get electricity to people when they want it. Solar is now cheaper than coal, but, unfortunately, the sun has already set when people use electricity most. And wind power, also cheaper than ever, remains intermittent. So, solar and wind still only produce a small percentage of our electricity. It may seem obvious to use those used batteries to save our sun- and wind-generated power for the night, doing so is not a simple matter of plugging solar cells into EV batteries. One company that's tackling this is B2U Storage Solutions. Their energy storage facility in Lancaster, California, uses electric vehicle battery packs to store energy from solar panels and sell it to the grid when it's needed most. The facility has over 1,000 batteries with a current storage capacity of 20 megawatt-hours, and continues to expand. (https://www.asme.org/topics-resources/content/ev-batteries-have-a-second-life)

US Government Looks at Ways of Limiting Impact of Ransomware Across World

The White House recently united dozens of nations, the European Union, and representatives from big tech companies for the Second International Counter Ransomware Initiative (CRI) Summit - aimed at figuring out how to tackle the global ransomware problem. According to the Associated Press, companies participating in the meeting include Crowdstrike, Mandiant, Cyber Threat Alliance, Microsoft, Cybersecurity Coalition, Palo Alto, Flexxon, SAP, the Institute for Security + Technology, Siemens, Internet 2.0, Tata -TCS, and Telefónica. The U.S. links the rise of ransomware more closely with cryptocurrencies and said it's seen a "huge jump" in ransomware because money could move more fluidly across borders due to cryptocurrencies. (https://www.zdnet.com/article/ransomware-is-a-global-problem-and-getting-worse-says-us/)

According to a post-Summit White House release, in the next year, the CRI will (in summary): Establish an International Counter Ransomware Task Force; Create a fusion cell at the Regional Cyber Defense Centre in Kaunas; Deliver an investigator's toolkit including lessons learned and strategies for responding to significant ransomware events and proactively tackling major cybercriminal actors; Institute active and enduring private-sector engagement; Publish joint advisories outlining TTPs for key identified actors; Coordinate priority targets through a single framework; Develop a capacity-building tool to help countries utilize public-private partnerships to combat ransomware; and Undertake biannual counter ransomware exercises. (https://www.whitehouse.gov/briefing-room/statements-releases/2022/11/01/fact-sheet-the-second-international-counter-ransomware-initiative-summit/)

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