Economic Transformation Technologies/ETT: Who Are They and What Do They Do?
Economic Transformation Technologies/ETT: Who Are They and What Do They Do?
I recently had the honor of interviewing Christopher Condon, the Chairman and CEO of ETT, and David B Smith, the Chief Technology Officer.
Recently, I received an intriguing call from the esteemed J (Aryeh) Czelusniak, MBA, MPA. He reached out to me with an enticing proposition: the opportunity to conduct an interview with none other than Christopher Condon, the Chairman and CEO of ETT, along with the illustrious David B Smith Wicked Problem Solver, the Chief Technology Officer at ETT.
Without hesitation, I eagerly accepted the opportunity to interview Chris Condon, and David Smith.
A few days later, I had the pleasure of engaging in a direct conversation with them, gaining valuable insights into their remarkable endeavors. Our discussion illuminated the significant contributions ETT was making in the healthcare industry and beyond.
So what is ETT?
ETT (Economic Transformation Technologies) was founded as a group of Platform Technology Companies focused on improving a nation's economic performance. Their platform, built over almost a decade, serves sectors like healthcare, education, real estate, hospitality, supply chain/manufacturing, smart cities, renewable energy, automotive, and avionics.
"ETT's multi-level secure platform not only provides real-time integration of systems and data but allows clients to draw upon embedded services such as advanced Artificial Intelligence (AI), Machine Learning (ML), and Data Science." - ETT's Chief Technology Officer (CTO) David Smith
Using advanced technologies like AI, ML, NLP, and data science, their secure platform generates real-time, predictive, and meaningful data through over 1,600 APIs. ETT aims to apply "New Age" technologies to enhance human existence and has assembled a team of top executives from various sectors to implement their vision.
How does ETT help the healthcare industry?
ETT (Economic Transformation Technologies) assists the healthcare industry in several ways:
Interoperable Platform: ETT has developed an Intelligent Interoperable Ecosystem Platform that integrates various healthcare systems and databases, enabling seamless data exchange among healthcare providers and stakeholders.
Real-Time Analytics: By leveraging AI, ML, and Data Science, ETT's platform analyzes healthcare data in real-time, providing valuable insights for accurate diagnoses, personalized treatment plans, and proactive interventions.
Enhanced Patient Experience: ETT simplifies administrative processes, offers user-friendly interfaces, and facilitates telemedicine and remote monitoring, improving the overall patient experience.
Overall, ETT's involvement in healthcare brings technological advancements, data-driven insights, streamlined processes, and improved patient care.
According to David Smith, one of the notable figures associated with ETT, he describes the company in the following manner:
The ETT platform can be likened to an iOS platform for healthcare, offering a range of intelligent and common services. It ensures enhanced interoperability with major components of healthcare and has been an early adopter of innovations like fire FHIR.
Our mission at ETT is to lead the worldwide path for Digital and Economic Transformation in sectors ripe for positive disruption.”— ETT's Chairman & CEO, Christopher Condon
The platform boasts exceptional security measures and includes multiple AI engines, natural language processing, workflow generators, business process tools, and a lexicon management system. ETT employs a unique approach to databases, matching the type of database to the data configuration, such as relational, NoSQL, unstructured text, time series, geospatial, and high computational databases.
Each database has its own encryption scheme. This approach allows for efficient handling of different data types. For instance, unstructured text is stored in an unstructured text database, optimizing its management. Similarly, time series data finds its place in a dedicated time series database. These features and functionalities collectively make up ETT's intelligent, interoperable platform for the healthcare industry.
Who is your ideal customer?
Our ideal customers are organizations seeking seamless integration and data exchange between multiple systems and applications. They value interoperability and recognize the importance of accelerating innovation.
With our platform, they can achieve these goals by utilizing common data, structured databases, and shared services, resulting in significant time savings during application development.
What is the primary challenge you face?
Our main challenge lies in managing the high level of interest and demand we receive from organizations wanting to utilize and purchase our platform. As a central component that connects information and applications within a company, implementing our platform requires a strategic and incremental approach.
While some may envision an all-encompassing implementation, it is crucial to understand that this can be a significant undertaking, especially for healthcare enterprises.
However, our platform has the capability to bring together diverse resources and address the evolving healthcare landscape. From telehealth to genetics, immune therapy, internet-connected medical devices, and edge computing, our intelligent and interoperable platform provides the necessary support for these advancements and real-time activities.
How you see the future of the company?
The company recognizes the significant future prospects in the healthcare industry, which is characterized by its dynamic and transformative nature.
From the shift towards value-based medicine to advancements in genetic and immune therapy, healthcare is constantly evolving. The emergence of telehealth and telemedicine has also played a crucial role in reshaping the industry.
The company emphasizes the need for a real-time intelligent and interoperable platform to effectively manage these changes. As healthcare continues to evolve, the company remains committed to expanding its platform to accommodate new scientific discoveries, applications, and evolving standards and requirements set by the government.
"We're thrilled to introduce our new PaaS Intelligent Interoperability Platform solution to the healthcare industry, through our wholly owned subsidiary BioDatAi," said Chris Condon, ETT, Executive Chairman & CEO.
The platform serves as a central hub for sharing and integrating updated information across various applications within the healthcare ecosystem.
What else does ETT offer?
ETT, or Economic Transformation Technologies, offers industry-specific platforms that address data interoperability challenges and support economic growth. These platforms include:
BioDatAi Inc.: An Intelligent Interoperability Platform for the healthcare industry, enabling secure data sharing, adherence to standards, and rapid deployment of analytical tools.
Universal Tutor Inc.: A gamified educational ecosystem utilizing AI, machine learning, and 3D conversational avatars to deliver personalized learning experiences and mental health support.
Land Logic: A real estate technology platform leveraging federated data, blockchain, IoT, geospatial analytics, and AI to advance real estate infrastructure and economies of sovereign nations.
Supply Chain: An integrated platform connecting global supply chain applications, optimizing processes, reducing administrative work, and enhancing business partner relationships
Hospitality: AIOT Hospitality platform connects systems for reservations, administration, customer support, and utilizes AI and IoT for predictive maintenance and improved guest experiences.
Smart Cities: ETT's platform enables real-time IoT data integration and promotes sustainable development practices in urban environments.
Automotive: ETT's platform enhances transportation visibility, reduces costs, improves planning, and enables continuous improvement in the automotive industry.
Renewable Energy: The platform integrates IoT, sensors, and micro/mini grids to optimize point-of-use generation and align with environmental goals.
Utilities - Oil + Gas: ETT's PaaS Intelligent Ecosystem addresses fragmentation, lack of real-time visibility, maintenance inefficiencies, energy utilization, safety risks, and workflow challenges in the oil and gas sector.
Conclusion
In conclusion, ETT (Economic Transformation Technologies) is revolutionizing industries with their platform solutions. In healthcare, their intelligent interoperable platform enables seamless data exchange and real-time analytics, improving patient care and administrative processes.
But ETT doesn't stop there. They offer industry-specific platforms in education, real estate, supply chain, aviation, hospitality, smart cities, automotive, renewable energy, carbon credits, and utilities. These platforms leverage advanced technologies like AI, machine learning, and IoT to optimize processes, enhance efficiency, and drive innovation.
With a vision to apply "New Age" technologies for human betterment, ETT is shaping the future of industries. Their platforms address specific challenges, boost economic growth, and foster sustainable practices.
As the healthcare landscape evolves and new scientific discoveries emerge, ETT continues to expand its platform, keeping pace with industry advancements and evolving government standards. With ETT, seamless integration, data-driven insights, and economic transformation become a reality across multiple sectors.
- - -
📫 Sign up for my "HealthRun Insider" newsletter
📍Follow me on LinkedIn for future posts.
📱Follow me on Twitter (@OlehPylyp) for extra thoughts
- - - -
P.S. I hope you enjoy "HealthRun Insider" and please don't hesitate to reach out with any feedback or ideas for future articles. Happy running!🏃🏻
#softwaredevelopment #healthcare #telemedicine #digitalhealth #ETT