kloudtrack, Cisco And University Of Maryland Launch Innovation Sandbox For Healthcare, Medical And Life Sciences

Grazed from PRNewsWire. Author: PR Announcement.

kloudtrack®, a leader in cybersecurity and cloud computing (cyber|cloud) technologies and solution services for sensitive data, process management and Governance, Risk and Compliance (GRC), will team up with the University of Maryland’sRobert H. Smith School of Business and Cisco Systems CSCO -0.04% to establish the first Innovation Sandbox™ exchange catering to the innovation, workforce development and technology roadmapping needs of public and private sector healthcare, and medical and life science (HealthTech) organizations.

The project was announced as part of today’s Maryland Economic Development Association Summer Conference at UMD, themed "Health Innovations: Impact on Economic and Workforce Development." The HealthTech Innovation Sandbox, which will be available via both physical and virtual data hosting platforms, is being developed jointly by kloudtrack and Cisco in partnership with the Center for Health Information and Decision Systems (CHIDS) — a research center at the Smith School. The project will allow healthcare, medical and life science organizations to test, research, teach and learn various innovative technologies and/or methodologies in a proof-of-concept "sandbox" environment…

As with all Innovation Sandbox environments, the HealthTech sandbox will be provisioned in tandem with selected vendor partners that offer technologies and solutions in a variety of innovation categories, including:

• Cloud Computing | Cloud Migration | Cloud 2.0™
• Innovation Roadmapping
• Cyber | InfoSecurity
• Data Driven Innovation™ (Data Analytics | Big Data | Reporting)
• Mobility (Wireless | BYOD | Cross-platform | Device Independence)
• Platform Integration | Legacy Data Migration | Portability
• Hosting (IaaS, SaaS, PaaS | Co-Location | Virtualization)
• Secure Collaboration | Safe Sharing
• Business Process Management | Workflow
• Solution Services (IT Assessments, ROI Metrics, Benchmarking, Cloud Broker, Certifications)

"Healthcare as an industry has developed over the past 100 years to become perhaps the most pervasive citizen service in most developed countries," said Kenyon Crowley, deputy director of CHIDS. "During that same period innovations and technical advances have often outpaced the sector’s ability to efficiently implement and integrate these technologies across this complex sector. The Innovation Sandbox offers a low-cost, low-risk approach that allows practitioners and health stakeholders from any specialty area to test new innovations against key bottom-line and patient care objectives and foster a learning community."

Now, more than ever, the driving factors behind IT deployments have become more economic than technical. The advent of innovations such as cloud, virtualization and mobility mean the vendor landscape is much more diverse.

"The economic drivers around innovations – particularly IT – afford practitioners a rare opportunity to consider best-of-breed offerings when considering and procuring IT solutions," said Michael P. Binko, president and CEO of kloudtrack. "Furthermore, with incentives such as the HITECH act and increased regulatory enforcements healthcare, medical and life sciences organizations must now be keenly in tune with patient care outcomes as they are now the primary driver for reimbursement. The vendors recruited for the HealthTech Innovation Sandbox are all proven leaders in tune with industry requirements such as interoperability standards and cyber-security certifications."

The Innovation Sandbox environments are designed to give organizations the opportunity to test waters with a Start Small … and Scale™ approach with keen sensitivity to limited resources and measurable results. Deployments are expected to run on sandbox systems for a period of weeks or months at small costs. During these test-bed deployments academia teams will evaluate the viability and return on investment for selected innovations. Then, decisions can be made about contracting and scaling the deployments with a solid base of results-oriented information.

"Organizations will be able to utilize the Innovation Sandbox to test sample-sets of data, users, processes and measure value metrics against real-world use case scenarios," said Michael Shepherd, principal for Public Sector Cloud Computing, Cisco Systems. "This concept and approach is consistent with Cisco’s efforts to cultivate vendor ecosystems. With tightened budgets and a much more diverse environment of innovations available, CIOs have a rare opportunity to test the waters. These Innovation Sandbox environments offer an on-ramp to next-generation technologies that could have a dramatic impact on bottom-line results."

The HealthTech Innovation Sandbox is the latest in Cisco and kloudtrack’s similar efforts that include projects in public sector/government/education, cybersecurity, property and asset management, financial services, energy, manufacturing and retail. By the end of 2014, three Innovation Sandbox environments are expected to be operational with a broad community of partner organizations serving diverse customer needs.