Holger Mueller, an analyst at Constellation Research, says it’s a strange deal on its face, but if Koch leaves Infor alone, it might work out. “When you think you have seen it all, something new comes along: A regular enterprise buys a top-five ERP vendor. Now [we’ll have to see] if Koch can ensure Infor keeps building market leading software, using Koch as showcase, or becomes the Koch software affiliate.
Companies of all sizes are implementing AI, ML, and cognitive technology projects for a wide range of reasons in a disparate array of industries and customer sectors. Some AI efforts are focused on the development of intelligent devices and vehicles, which incorporate three simultaneous development streams of software, hardware, and constantly evolving machine learning models. Other efforts are internally-focused enterprise predictive analytics, fraud management, or other process-oriented activities that aim to provide an additional layer of insight or automation on top of existing data and tooling. Yet other initiatives are focused on conversational interfaces that are distributed across an array of devices and systems. And others have AI & ML project development goals for public or private sector applications that differ in more significant ways than these.
The secret to cloud success is finding the right software and creating integrated systems. Cloud migration doesn’t require you to unplug legacy systems, but you will want to ensure you have access to legacy data. You also will want to choose extensible platforms that you can build on as your operation grows.
During their meeting on Thursday, the ASAP group revealed that there was a second software “anomaly” detected during the mission, which was corrected while the capsule was in flight, Space News reports. Had the issue not been noticed and corrected, the result would’ve been misfired thrusters that could’ve ultimately led to a “catastrophic spacecraft failure,” per panel member Paul Hill via Space News.
Boeing is also still working with Collins Aerospace, one of its major subcontractors, to fix lingering issues with updates to the computers that control MCAS, the software that contributed to both crashes. Changes to the software have introduced new complications, such as the issue with the indicator light. Another irregularity, related to the software that monitors the plane as it powers up, is also being worked through.
Separately, Twist announced this week that it has obtained ISO 27001 certification. The ISO27001:2013 standard provides best practices for information security management systems covering privacy and compliance of software applications as well as intellectual property and other sensitive customer information.
A pair of companies in San Francisco’s SOMA neighborhood and Tel Aviv are positioning themselves as the “Wintel” of the bio-hacking era. One company, called Genome Compiler, builds software for designing synthetic life forms, while the other, Cambrian Genomics, is experimenting with ways to cheaply laser print DNA.
“At the time there was a lot of discomfort around the marrying of software and genomics,” says Mangubat, a member of Forbes’ 30 Under 30 list for Science and Healthcare in 2012. It was difficult to find investors with expertise in both areas, she says, or one who was willing to make a bet in an sector they didn’t understand. Spiral Genetics raised $5 million in venture capital before genomic data software firm Omicia, now Fabric Genomics, bought it in 2017 for an undisclosed amount.
Genome editing software company Desktop Genetics and Imperial College London's cancer epigenetics unit have received a £300,000 ($430,000) grant from Innovate UK, which they will use to develop software tools that selectively design CRISPR/Cas9 targets against cancer cell lines that are characterized at the epigenetic level.
TeselaGen, which makes middleware for biotech labs that want to quickly design and iterate on new DNA constructs, is building tools that will help researchers set up and manage wetware experiments and interpret data from lab equipment. They and other startups like Genome Compiler, Transcriptic and SV Angel-backed Benchling are trying to make biotech software more elegant and speed up the development process.
Precision medicine software firm LifeOmic has named Ed Simcox as its new chief strategy officer. Simcox joins LifeOmic from the US Department of Health and Human Services, where he served as chief technology officer and acting chief information officer. Prior to this, Simcox was director of US health care strategy, partnerships, and product development for AT&T. He also served as healthcare practice leader at Logicalis US, a global IT firm.
GE is not alone in upping its bet on software-driven innovation. Today, a Tesla car has more lines of code than macOS or the Windows Vista operating system. However, the fact is that many companies that have made their fortunes outside of high tech—in medical devices, retail, and other analog industries—have been slow to catch on to this game-changing shift in what drives sustainable innovation, the shift from creating physical goods and experiences to smart software development.
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