NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Monday, March 20, 2017

Eyeing the burgeoning need to build innovations, scale up quickly and accelerate growth, IBM is empowering the next generation of healthcare start-ups that develop solutions to solve the most complex health problems in the country.

The primary focus for IBM is to recognize start-ups in various domains and help them to scale-up. In 2016, through its IBM Smartcamp for Health Tech challenge, an exclusive programme it identified for start-ups in the B2B and B2C space.

“We see the need to redefine the healthcare industry in India through start-up technology innovations. Among our various initiatives is the IBM Global entrepreneur program where start-ups are given IBM Cloud credits worth USD $12,000 to leverage IBM cognitive , IBM Cloud and business mentorship to scale their business”, Seema Kumar, Country Leader, Developer Ecosystem & Startups, IBM told Pharmabiz in a email.

At the IBM Smartcamp for Health Tech challenge in 2016, the winner was Oxyent Technologies, a start-up working on IoT, Cloud and Big Data technology to improve doctor-parent engagement through continuous and personalized child health monitoring. UE Life Sciences and DailyRounds emerged as runner ups.