AI is impacting every aspect of our lives, and the healthcare industry is no exception.
With digital transformation a perennial focus for the sector, AI is increasingly being adopted to accelerate and enhance initiatives. From cost reduction to improved disease detection to personalized medicine, there are a wealth of benefits that the technology is unlocking, including supercharging digital twins.
Digital Twins and Healthcare
Digital twins have been around for several decades and are
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digital twin technology
Unlearn Raises $50M to Accelerate AI-Powered Clinical Trials with Digital Twins
What You Should Know:
- Unlearn®, a leading AI company using digital twins to revolutionize clinical trials, announced today a $50M Series C funding round led by Altimeter Capital. This investment, bringing Unlearn's total funding to over $130M, will fuel its mission to eliminate trial and error in medicine through faster, smaller, and more ethical clinical trials.
- Unlearn collaborates with pharmaceutical companies, biotechs, and academic institutions to optimize and streamline clinical
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Digital Twins: What Healthcare Organizations Can Learn from Other Industries
Digital twins are helping organizations make more informed decisions. These analytical tools use real-time data to represent a product or process, creating a realistic simulation that can be used to test, monitor, or predict outcomes for its real-world counterpart.
Over the last few years, digital twins of a product (DToP) have grown popular in the manufacturing industry, where creating virtual models and simulating business processes allow manufacturers to better predict
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Accenture Invests in Digital Twin Solution Virtonomy
What You Should Know:
- Today, Accenture Ventures announced it has made a strategic investment in Virtonomy, a provider of data-driven simulations that use existing patient data and digital twin technology to bring life-saving medical devices to market more quickly.
- Virtonomy’s digital twin simulation solution enables medical device manufacturers to build model patient virtual environments for device testing at a reduced cost and with less regulatory complexity.
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Twin Health Secures $140M to Expand Whole Body Digital Twin Precision Health Service
What You Should Know:
- Twin Health, Mountain View, CA-based makers of the Whole Body Digital Twin™ precision health service, today announced $140 million in Series C funding as it scales its service in the U.S. and globally from investors ICONIQ Growth, Sequoia Capital India, Perceptive Advisors, Corner Ventures, LTS Investments, Helena and Sofina.
- Powered by artificial intelligence, the Whole Body Digital Twin™ is a dynamic representation of each individual’s unique
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Digital Twin Technology: Should Healthcare Jump on the Bandwagon?
While healthcare is known for not jumping to conclusions very fast when investing in new technology, the industry starts to pick up the pace. Such “newcomers” as blockchain, IoT, VR, and AR get a well-deserved appraisal and become an integral part of next-gen custom healthcare software aimed at supporting personalized treatment and predictable patient outcomes across a wide range of conditions.
We anticipate that the digital twin technology has good chances to become the next addition to the
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