The Evolve Technology and leadership Conference, hosted by
Trace3, will spotlight AI's revolutionary impact on healthcare.
This premier IT leadership event will delve into cutting-edge
trends like AI-driven personalized medicine, telehealth
innovations, and advanced anomaly detection. Key figures such as
Rich Fennessy, Joe Quaglia, Tony
Olzak, and Asher Lohman will
share their expertise, joined by Enterprise IT leaders and health
services professionals.
IRVINE, Calif. , July 31,
2024 /PRNewswire-PRWeb/ -- AI in the healthcare
market has been skyrocketing over the last couple of years. Since
2021, its value has increased by more than 155%, now valued at
$28.24 billion, with projections
reaching $187.95 billion by 2030. (1)
As exciting as this revolution is for key players in the sector,
this rapid growth is leaving many decision-makers struggling to
stay abreast of the latest trends. "That's why this year's Evolve
Technology Conference is set to tackle these issues head-on," says
Asher Lohman Vice President, Data
& Analytics of Trace3, a leader in emerging technologies for
over 20 years. "Since 2008, Evolve has provided an unparalleled
platform for gaining firsthand insights from industry experts and
pioneers on the practical application of cutting-edge
technologies."
"Evolve has provided an unparalleled
platform for gaining firsthand insights from industry experts and
pioneers on the practical application of cutting-edge
technologies," explains Asher
Lohman, Vice President, Data & Analytics of
Trace3.
An invite-only, closed-door media event will take place during
the first day of the conference. In this exclusive space, media
will gain access to keynote speakers, with a special focus on the
AI and healthcare track. This interactive opportunity will also
engage leading media outlets with Trace3's clients, showcasing
their cutting-edge technology and the innovations they are
developing to lead the way in a rapidly evolving landscape.
Navigating the Future of Healthcare with AI
Just last week, the U.S. Department of Health and Human Services
(HHS) reorganized its structure to streamline and enhance its
technology, cybersecurity, data, and AI strategy and policy
functions. This pivotal change is anticipated to accelerate federal
regulation of health data and AI, highlighting the sector's dynamic
evolution. (2) This is just an example of why healthcare
enterprises must strategically plan their next moves to adapt to
these shifting regulations and stay competitive.
The Evolve Conference will delve into some of the most relevant
trends shaping the sector, such as:
- AI-Driven Personalized Medicine: Tools in this area are set to
revolutionize patient care by customizing treatments based on
individual genetic profiles and health data. Recent advancements,
such as using deep reinforcement learning (DRL) to create adaptive
therapy schedules for prostate cancer, have shown potential to
significantly improve outcomes. (3)
- Telehealth and Remote Patient Monitoring: The rapid expansion
of telehealth since the COVID-19 pandemic includes AI-powered call
centers, telehealth platforms, wearable devices, and home
monitoring systems. These innovations have improved patient care
and accessibility but require informed decisions on build versus
buy strategies, operational sponsorship, and integration of
advanced hybrid and cloud capabilities. (4)
- AI in Anomaly Detection: This trend focuses on protecting
patient data amid rising concerns over breaches and privacy
violations. Advanced machine learning enhances anomaly detection
accuracy, reducing false positives from 90% to 30%, and
strengthening security posture. (5) Effective handling of growing
data volumes is crucial for maintaining optimal performance in an
evolving landscape.
"Healthcare as a whole is on the brink of a transformative era,"
explains Sarah Danielson, Senior
Director of Healthcare Strategy and Advisory at Trace3. "AI-driven
personalized medicine provides an opportunity to deliver health
outcomes more equitably, at scale, extending the reach of an
over-burdened clinical workforce. The advancements we're witnessing
today underscore the profound impact AI will have on patient
access, health outcomes, - care quality, and the cost of care for
populations."
With over 20 years of experience in the healthcare sector,
Danielson will be one of the spokespeople at the Evolve Technology
Conference and the exclusive media event. She will be joined by
Rich Fennessy (CEO), Joe Quaglia (President), Tony Olzak (CTO), and Asher Lohman (VP, Data & Analytics) from the
Trace3 team.
The Evolve Technology Conference, hosted by Trace3, will take
place September 11-13, 2024. Evolve
will feature general sessions, intimate breakout sessions, and
networking events, making it the premier IT leadership and
technology conference in the region. Attendees will have the
opportunity to build lasting partnerships, discover innovative
solutions, and unlock their organization's potential. Invited
reporters will be able to participate in the media event featuring
a closed-door briefing and Q&A session.
About Trace3:
Today there is a great deal of noise in the technology industry
around AI, but not much practical intelligence is offered. Trace3,
based in Irvine, California,
delivers over 20 years of expertise in delivering innovation in the
form of emerging technology, providing unique technology solutions
and consulting services to change this – and drive its
implementation across enterprises. Their elite engineering and
dynamic innovation provide convergent solutions that embrace
emerging technology and drive measurable value. Trace3 embodies the
spirit of a startup with the advantage of a scalable business.
Trace3 believes that ALL Possibilities Live in AI. For more
information, visit http://www.trace3.com.
References:
1. Duarte, Fabio. "AI Market Size Statistics (2023)." Exploding
Topics, 26 June 2023,
explodingtopics.com/blog/ai-market-size-stats.
2. Palmer, Katie. "Federal Regulation of Health Data and AI
Expected to Get a Boost after HHS Revamp." STAT, 25 July 2024,
statnews.com/2024/07/25/hhs-health-data-artificial-intelligence-federal-regulation/.
Accessed 25 July 2024.
3. Verma, Siddharth. "University of
Oxford Researchers Revolutionize Prostate Cancer Therapy
with AI." Educationpost.in, 17 June
2024,
educationpost.in/news/education/university-of-oxford-researchers-revolutionize-prostate-cancer-therapy-with-ai.
Accessed 25 July 2024.
4. Marr, Bernard. "The 10 Biggest Trends Revolutionizing Healthcare
in 2024." Forbes, 3 Oct. 2023,
forbes.com/sites/bernardmarr/2023/10/03/the-10-biggest-trends-revolutionizing-healthcare-in-2024/.
5. TRACE3. Artificial Intelligence Solution Design Case Study:
Protecting Patient Data with Machine Learning. 2024.
Media Inquiries:
Karla Jo Helms
JOTO PR™
727-777-4629
jotopr.com
Media Contact
Karla Jo Helms, JOTO PR™,
727-777-4629, khelms@jotopr.com, jotopr.com
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SOURCE Trace3