Big Data Analytics

How This Analytics Startup Expanded To 500 Locations In Just Four Years With $1 Mn Seed Fund

Innovaccer Inc, a healthcare data platform is passionately focused on delivering efficient and effective with extensive use of analytics. Analytics India Magazine got in touch with this San Francisco-based startup founded in 2014. Co-founded by Abhinav Shashank, Kanav Hasija, who were batch mates in IIT Kharagpur, and Sandeep Gupta, who worked with Shashank at Ingersoll Rand, the co-founders realised that data across industries was growing, and it would soon assume a central role in developing smart strategies to innovate, but there was only one problem.

This data was distributed across multiple large siloes and had to be combined, crunched, and analysed in real-time, to deliver an in-depth understanding of looming problems and driving innovation. And that’s exactly what Innovaccer’s big data platform enables today.

Analytics At The Core Of It
As the co founders believe, be it the lab results in a hospital made for 100 people, or analysing the state of healthcare across the country, data can deliver crucial insights. “As healthcare is moving towards prioritising quality of care over plain numbers, predictive data analytics in healthcare has become more important”, says Shashank. “However, most of the care settings in the developed world are using multiple variants of data repositories from different vendors which makes it tough to create an integrated data infrastructure, hence reducing the operational efficiency”, he adds.

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