The Trends Boston Tech Leaders Are Watching in 2020

by Alton Zenon III
January 17, 2020

There’s a common belief that new technology is disrupting industries. But what about existing technology? 

Joe Menzin, founder and CEO of the health analytics company BHE, said he prefers to think that developments — not necessarily disruptions — in technology, like analytics and machine learning, are transforming healthcare. 

Peter Gillooly, head of strategic partnerships at supply chain security company DUST Identity, shares a similar sentiment. Gillooly said that by using nanotechnology, manufacturers can add transparency to their supply chains and ensure that the goods consumers purchase are legitimate, safe and trustworthy.

In 2020, Menzin and Gillooly are looking toward trends that share a common denominator: evolving technology can improve peoples’ lives and shape industries.

 

BHE Team member working
bhe

BHE’s platform allows organizations to quickly analyze and collaborate on data across multiple data sets. Founder and CEO Joe Menzin said life science analytics teams are growing, so the BHE team is working on improving their platform by applying user feedback to assist those expanding squads. 

 

What are the top tech trends you’re watching in 2020?

Digital health has transformed healthcare, fueled by the growing availability of data, faster computer processing and powerful analytics. We have seen the use of analytics mature in life sciences and healthcare over the last few years and interestingly, it is expanding outside of the typical analyst realm. Life science organizations are building bigger analytics teams across the product life cycle because they are looking to make data-driven decisions sooner and more widely. 

In terms of trends we are watching, we will see an uptick in machine learning being adopted more as its value is recognized. It has the potential to not only evolve how we evaluate the efficacy and safety of drugs but also how we value them in the marketplace and deliver them at the point of care. 
 

We are working with our clients to help them scale their in-house analytics capabilities.”


How are you applying these trends in your work in the year ahead?

First, we are working with our clients to help them scale their in-house analytics capabilities so they can make better, faster, data-driven decisions that impact their bottom line. We do this by continually enhancing our platform, Instant Health Data, with user feedback. We provide a support team that ensures users are optimizing the platform and getting the assistance they need to be successful. 

We will also be rolling out a data science module that will allow users to apply sophisticated machine learning techniques to projects built in our core analytics platform. We want to help companies do more with the data they already have and unlock potential new sources for novel insights.

 

DUST identity Team chatting
dust identity

In 2020, DUST Identity’s Head of Strategic Partnerships Peter Gillooly said his team will be fighting through the ongoing “trust crisis” in the consumer world. The company plans to use machine learning and nanotechnology to help clients ensure their products are always authenticated.  

 

What are the top tech trends you’re watching in 2020?

Increased digitization, IoT connectivity and automation are creating what the Wall Street Journal refers to as the “trust crisis.” This goes beyond privacy and social networks. Automobiles, airplanes, medical devices, electronics and luxury goods have all been in the headlines for counterfeits, dangerous recalls or false regulatory claims. The erosion of trust in corporate institutions means companies are under greater scrutiny from investors, employees and customers.

We will see companies in both consumer and industrial sectors invest heavily in technology geared toward building trust into their products. Tools that allow total transparency into a product’s lifecycle will become incredibly valuable. 
 

We are partnering with industry leaders to address the trust crisis head-on.”


How are you applying these trends in your work in the year ahead?

We are partnering with industry leaders to address the trust crisis head-on by integrating unique DUST fingerprints on individual components and products in supply chains. By leveraging cross-disciplinary technologies such as nanotech, cybersecurity and machine learning, we are enabling trust by realizing a security tool for the provenance of products. 

Traceability provides organizations of all sizes the power to shed significant supply chain risks, boost efficiency and tighten quality control. But most of all, it lets them regain confidence across the value chain.

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