I started Amtex over two decades ago and as the CEO and Chairman I’ve witnessed a sea of change in the landscape of tech and I’m incredibly proud to say that Amtex has held its own in a market dominated by other heavy-weights and in some cases gone toe-to-toe with them, symbolized by our sprawling Siruseri campus. Amtex has had the fortune of adding several jewels to its crown – we helped the State of Connecticuit build their official health insurance marketplace – Access Health CT. We also helped the state of Tamil Nadu in building their official Police Responder app Kavalan and Fire Emergency app Thee both run away successes. Amtex has been working with Lazard Asset Management, one of the largest fund managers in the world –$200 Bn AUM to act as the center of excellence; in other words, we are building their AI platform. Amtex has always been striving and helping people and organization alike in their quest of building world class products that would have a meaningful and lasting impact on their stakeholders.
But despite all my other triumphant ventures, I’ve had this insatiable hunger to build a product/company that will influence of millions of lives for the better directly, hence my double duty as the Chief Ideating Officer of Securra for the past twelve months. I’ve been fortunate enough to learn the intricate workings of internet and technology fairly early on in my career, just as it was emerging into this unstoppable force in the late 90’s and early 2000’s. I’ve had a front row seat to witness, just how much people’s lives have changed for the better, from the time of Azharuddin’s captaincy to that of Dhoni’s; a substantial amount of my life if you think about it, but an infinitesimal speck in the history of humanity. Just to put things into perspective, my dad’s political leanings were determined by the stark contrast in charisma of two dravidian men from cine field rocking black sunglasses, whilst mine and that of my family’s are being shaped in some way by Mark and Jack. The imprint tech and its furious evolution has had on our lives is undeniable and it is part of the very fabric of life now.
But, for all the technological progress we’ve seen in the last twenty years, the healthcare industry is woefully behind the curve, with improvements only being visible in silos – e-mailed blood test results, online pharmacies and proxy home check devices; to put it mildly, forget inventing a better engine, we’ve only put a band-aid on a really old tyre. It needs to be changed and for that we must reimagine the whole system of healthcare delivery. Think about this, I can transfer a million dollars at the click of a button to any part of the world in seconds, yet if the common man were to fall sick today, he will have to stand in long queues to get quality healthcare (you can’t see a renowned specialist over tele-consult immediately either). The world still hasn’t shrunk for a sick person, it’s still highly localized and far from being global – signs of primitive and not progressive technologies.
To be fair, this isn’t for lack of a trying. The long and unpredictable arc of any disruptive technology starts one or two decades before it becomes visible to a common consumer, so did that of healthcare. There have been companies hidden in plain sight, trying to address healthcare problems – AccuChecks, pedometers, EMRs, clinic management softwares, what have you. The problem is, everyone has been trying to fix problems in healthcare delivery in silos. The word integrated is probably one of the most bastardized and unsurprisingly, no company has ever come close to integrating the entire spectrum of healthcare delivery.
If you’re unwell the process is pretty straightforward, you need medical attention from a doctor to be diagnosed. Hospitals are still a mainstay and you can count your blessings if your city has some good ones more so, if you can see a doctor without a long agonizing wait. What else can be done.
I believe the problem lies in lack of scalability of that the healthcare delivery – must shift from a profession to a scalable organization. And it has been proven time and again that companies and organizations solve problems not individuals. I know now, that the solution to fix this glaring issue is to scale the precious knowledge humanity (read doctors) have accumulated and discovered thus far – an AI engine, a personalized Jarvis if you will, which will alert you of the warning signs, well before you fall sick.
Incumbents somehow always fail to zoom in and zoom out at once and look at the problem and more importantly novel technologies objectively without a confirmation bias. History is flush with examples, from IBM losing its crown to Microsoft, Microsoft losing its to Google and Google seemingly to Facebook, Amazon and Elon Musk now. So how is Securra going to achieve this goal and set itself apart?
Some problems can only be solved at scale. Building a truly integrated, data-driven, Remote Patient Monitoring platform that standardizes healthcare delivery, is one such problem. One needs more than structured data to solve this problem – a live continuous stream of actionable data (Securra Devices), able minds to look at the data from a clinical use case perspective, a monitor (Securra monitor) which would stream the data, a store (Securra Store) that would sell such monitors, a doctor-patient interface (Securra Connect), which would be the starting point and a concrete GTM strategy (Securra EMR, PHR, CMS) to reach out to the doctors. In essence we will be the first healthcare company to infuse network effect into data itself rather than building network effect of people aided by data – meaning, each additional piece of patient data adds value to the existing database and the cherry on top – all data will be anonymized.
Securra’s goal is to deliver not just a standardized healthcare, but to deliver connected continuous collaborative care. Securra is Healthcare at the Edge – Securra Predict, a one-of-a-kind cognitive AI engine, which will not just solve the problem of scalability, but also move healthcare from reactive to proactive.
LONG STORY SHORT :
- We help the doctor help his patients with tech offerings and smart IoT devices
- Collect live and relevant data through wearables
- Build a data base which benefits from network effect (each new data point is value accretive)
- Use the data to build a predictive AI
- Doctors can leverage the predictive AI to intervene and course correct before it is too late. With a data driven approach one could treat/consult more people than they could before
That simple. With Securra, you won’t fall Sick, atleast reduce the frequencies.
Let me remind you technology always gets cheaper with time, so we will eventually cover most of humanity and effect more change with our tech, than any regime, NGO or healthcare operator combined. We can change the face of healthcare for everyone, whilst working quietly in the background.
Sshh, just between you and me.