eBook - ePub

The Rise and Fall of Explorys and IBM Watson Health

Name: The Rise and Fall of Explorys and IBM Watson Health
ISBN: 9781040399842

A Personal Memoir of a Healthcare Moonshot that Misfired

Doug Meil,

English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

The Rise and Fall of Explorys and IBM Watson Health

A Personal Memoir of a Healthcare Moonshot that Misfired

Doug Meil,

About this book

In 2015, Explorys was a healthcare intelligence cloud company that had built one of the largest clinical data sets in the world, representing more than 50 million lives. It provided secure cloud-based solutions for clinical integration, at-risk population management, cost-of-care measurement, and pay-for- performance. The acquisition of Explorys complemented and strengthened the IBM Watson Health Cloud platform and empowered IBM's vast ecosystem of clients, partners, and medical researchers to surface new connections among diverse and previously siloed healthcare data sets. The combination of both Explorys and IBM Watson Health was expected to spur the creation of a new generation of data-driven applications and solutions designed to advance health and wellness. So, what went wrong?

IBM Watson Health is a massive case study in healthcare innovation gone awry. IBM was one of the oldest and largest technology companies in the world and was riding a tailwind with IBM Watson's Artificial Intelligence success on Jeopardy in 2011. The Watson Health division was seeded with multiple healthcare acquisitions, one of them being Explorys. Explorys had a portfolio of hosted population analytic solutions and the largest clinical dataset in the United States at the time, at approximately 50 million de-duplicated patients. The newly created division was loaded with potential and seemed destined for success. Yet Watson Health went from being founded in April 2015 to imploding in May 2018 in a little over three years and took Explorys down with it.

IBM Watson Health's ascent and descent were covered by both healthcare and mainstream media. Watson Health was self-described as IBM's "Moonshot" in healthcare. This venture failed, and it cost IBM billions of dollars. These were expensive lessons on managing innovation in healthcare, but also on managing innovation in general. This book chronicles the story of Explorys and IBM Watson Health and what led to its downfall in just three short years. Written by one of Explorys' founding engineers, the book relates the rise and fall of both Explorys and IBM Watson and provides a message for future tech entrepreneurs and IT managers alike.

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.

At the moment all of our mobile-responsive ePub books are available to download via the app. Most of our PDFs are also available to download and we're working on making the final remaining ones downloadable now. Learn more here.

Perlego offers two plans: Essential and Complete

Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.

Both plans are available with monthly, semester, or annual billing cycles.

We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.

Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.

Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.

Yes, you can access The Rise and Fall of Explorys and IBM Watson Health by Doug Meil in PDF and/or ePUB format, as well as other popular books in Negocios y empresa & Historia empresarial. We have over one million books available in our catalogue for you to explore.