Efficient Multi-Modal Vector Embeddings Framework for Resource-Limited Settings
- United States
- Nonprofit
Our project addresses the lack of access to high-performing medical AI technologies in Low- and Middle-Income Countries (LMICs) due to limited computational resources and a lack of robust local evaluations to guide decision-making in low-resource settings. This challenge is exacerbated by the high-dimensional nature of medical data, which requires specialized computing resources for processing. The scale of the problem is significant, as it affects healthcare systems and medical teams in LMICs, where the majority of the global population resides. These limitations hinder the ability of medical professionals in these regions to leverage advanced AI technologies for automating medical diagnoses, thereby impacting the quality of healthcare delivery.
Globally, the problem affects billions of people living in LMICs who may not have access to accurate and timely medical diagnoses. The lack of robust local evaluations and the recent introduction of AI in these settings further complicate the adoption of these technologies [1-3]. Factors contributing to the problem include the scarcity of labeled datasets, limited computational power, and the absence of AI expertise in these regions.
Our solution addresses these factors by developing an efficient multi-modal vector embedding framework that utilizes self-supervised learning coupled with data and computation-efficient techniques. This framework is designed to be applicable in environments with limited resources, enabling the generation of high-quality embeddings without the need for large datasets or extensive computational power. By focusing on vector embeddings, we aim to alleviate computational constraints and make advanced AI technologies more accessible to medical teams in LMICs.
The relevance of our solution is highlighted by the fact that approximately 3.5 billion people, nearly half of the world's population, live in LMICs [3]. The healthcare systems in these regions often struggle with limited resources, making the need for efficient and accessible AI solutions critical. Our project aims to bridge this gap, potentially impacting the lives of millions by enhancing the capabilities of medical AI in resource-limited settings.
[1] “Generalizability Assessment of AI Models Across Hospitals: A Comparative Study in Low-Middle Income and High Income Countries | medRxiv.” Accessed: Jan. 26, 2024. [Online]. Available: https://www.medrxiv.org/conten...
[2] H. Alami et al., “Artificial intelligence in health care: laying the Foundation for Responsible, sustainable, and inclusive innovation in low- and middle-income countries,” Glob. Health, vol. 16, no. 1, p. 52, Jun. 2020, doi: 10.1186/s12992-020-00584-1.
[3] “Medical AI could be ‘dangerous’ for poorer nations, WHO warns.” Accessed: Jan. 26, 2024. [Online]. Available: https://www.nature.com/articles/d41586-024-00161-1
[4] Schoch, M. et al. (2024) 'Half of the global population lives on less than US$6.85 per person per day,' Accessed: Jan. 26, 2024. [Online]. World Bank Blogs, 16 March. https://blogs.worldbank.org/en/developmenttalk/half-global-population-lives-less-us685-person-day.
Our solution is a self-supervised vector embedding extraction framework that leverages a suite of data and computation-efficient techniques. This innovative approach is specifically tailored to address the challenges faced by environments with limited access to AI expertise, scarce labeling resources, and hardware and internet connectivity constraints. By circumventing these obstacles, our framework is particularly suited for settings where traditional AI methodologies encounter limitations.
Vector embeddings offer a promising solution, especially in low-resource settings where computational resources are scarce. Vector embeddings learn latent representations through neural networks by representing data points in a continuous, lower-dimensional space and capturing semantic relationships. Unlike traditional methods that rely on handcrafted features, they adaptively learn from data, leading to more effective and efficient learning. This adaptability makes vector embeddings suitable for various tasks, including classification, clustering, and similarity retrieval, across domains such as medical imaging, thus helping to alleviate computational constraints. [1]
The essence of our framework lies in its multimodal compatibility, which enables it to handle a diverse range of visual data types, including satellite images, fundus photos, and chest X-rays. This versatility is crucial for applications in medical AI, where different modalities can provide complementary information for diagnosis and treatment planning.
To ensure the framework's efficiency, we prioritize optimizing its computational footprint. This is achieved through various techniques, such as the utilization of efficient data structures that minimize memory usage, the development of resource-efficient machine learning models that require less computational power, and the implementation of efficient parallel computing strategies that speed up processing times. Furthermore, we focus on algorithm design, incorporating strategies like model pruning, which reduces the number of parameters in neural networks; quantization, which lowers the precision of numerical values to save computational resources; and architecture optimization, which tailors the model structure to the specific requirements of the task.
In addition to these technical aspects, our framework also aims to reduce the effort required by developers. By exploring automated code optimization techniques using machine learning, we seek to streamline the development process and enable more efficient deployment of AI solutions in resource-limited settings.
In summary, our solution is a comprehensive framework that combines self-supervised learning with advanced computational efficiency techniques. Its multi-modal compatibility, focus on reducing computational footprint, and commitment to easing the development process make it a powerful tool for overcoming the challenges faced by medical teams in low-resource environments. By enabling the generation of high-quality embeddings from medical images with minimal computational resources, our framework has the potential to revolutionize the field of medical AI, especially in settings where traditional approaches are not feasible.
[1] Z. Che, Y. Cheng, Z. Sun, and Y. Liu, “Exploiting Convolutional Neural Network for Risk Prediction with Medical Feature Embedding.” arXiv, Jan. 25, 2017. doi: 10.48550/arXiv.1701.07474.
Our solution is specifically designed to serve medical teams and healthcare providers in Low- and Middle-Income Countries (LMICs), where resources for deploying advanced AI technologies are often limited. These populations are currently underserved in terms of access to high-quality medical AI tools due to constraints in computational resources, lack of AI expertise, and scarcity of labeled datasets. As a result, healthcare professionals in these regions face challenges in leveraging AI to automate medical diagnoses, which can lead to delayed or inaccurate medical decision-making.
The target population for our solution includes medical professionals working in various healthcare settings, such as hospitals, clinics, and research institutions in LMICs. These individuals often operate in environments with limited access to the latest technologies and may lack the necessary training to implement complex AI models. Additionally, the healthcare systems in these regions may struggle with internet connectivity issues and inadequate hardware infrastructure, further exacerbating the challenges faced by medical teams.
Our solution addresses the needs of this target population by providing an efficient and accessible framework for generating high-quality vector embeddings from medical images. By utilizing self-supervised learning and computation-efficient techniques, our framework enables the generation of meaningful representations of medical data without the need for extensive computational resources or large labeled datasets. This approach allows healthcare providers in resource-limited settings to harness the power of AI for tasks such as disease detection, patient monitoring, and treatment planning.
The impact of our solution on the lives of the target population is multifaceted. Firstly, it enables medical professionals in LMICs to improve the accuracy and efficiency of medical diagnoses, leading to better patient outcomes. Secondly, by reducing the computational requirements for AI deployment, our solution lowers the barriers to entry for healthcare providers in these regions, making advanced AI technologies more accessible. Finally, the framework's versatility in handling different types of visual data ensures its applicability across various medical domains, further enhancing its utility for the target population.
In summary, our solution directly and meaningfully improves the lives of medical teams and healthcare providers in LMICs by offering an efficient and accessible AI framework that addresses the challenges of limited resources and expertise. By enabling the use of AI for medical diagnoses in these settings, our solution has the potential to significantly enhance the quality of healthcare delivery and positively impact the lives of millions of people in underserved regions.
MIT Critical Data is an organization dedicated to developing local AI capacity in healthcare by building open data and software, fostering community engagement through datathons, and advocating for AI equity in research. We have a strong track record of working with and developing multidisciplinary teams worldwide to build local capacity. Our mission aligns closely with the needs of the target population, as we aim to revolutionize healthcare in a democratized, decentralized, and equitable way. We have developed and shared open-source health data and software to foster healthcare innovation, with our PhysioNet platform being a prime example. This platform has facilitated sharing open health datasets, leading to thousands of new publications and advancements in healthcare research. Our team has also organized datathons in 21 countries, bringing together clinicians, researchers, and engineers to leverage open health data within local communities and build AI capacity globally. The design and implementation of our solution are meaningfully guided by the communities' input, ideas, and agendas. Through our datathons and collaborations, we engage diverse communities in AI development, ensuring that the solutions we create are tailored to their specific needs and challenges. This participatory approach helps us address AI bias in healthcare and ensures that our solutions are relevant and effective in the real world. Our proximity to the communities we serve and our expertise in AI and healthcare positions us to make a meaningful impact on the lives of medical teams and patients in LMICs.
In addition to our efforts with MIT Critical Data, our team is actively involved in a National Institutes of Health (NIH) initiative to build capacity in Low- and Middle-Income Countries (LMICs) for data science. This initiative underscores our commitment to empowering healthcare providers in these regions with the tools and knowledge necessary to harness the potential of AI and data science for improving patient outcomes. As part of this initiative, we are already in the process of converting medical images into vector embeddings, which are essential for enabling efficient and effective AI-driven analyses in resource-constrained environments. This work directly contributes to our overarching goal of making advanced AI technologies accessible and practical for use in LMICs.
Furthermore, our team publishes evaluations and frameworks in prestigious journals and conferences. These publications disseminate our findings and methodologies to the broader scientific community and provide evidence-based guidance for implementing AI solutions in healthcare settings. By sharing our research and insights, we aim to foster a collaborative ecosystem that drives innovation and equity in global health. Our engagement with this partnership, combined with our ongoing efforts to convert embeddings and publish our work, strengthens our ability to deliver impactful solutions to our communities. Our team's proximity to these communities, coupled with our expertise in AI and healthcare, positions us to make a meaningful impact on the lives of medical teams and patients in LMICs, ultimately contributing to the democratization and decentralization of healthcare innovation.
- Increase access to and quality of health services for medically underserved groups around the world (such as refugees and other displaced people, women and children, older adults, and LGBTQ+ individuals).
- 3. Good Health and Well-Being
- 5. Gender Equality
- 9. Industry, Innovation, and Infrastructure
- 10. Reduced Inequalities
- 11. Sustainable Cities and Communities
- 12. Responsible Consumption and Production
- 13. Climate Action
- Prototype
Our project is currently at the Prototype stage. We have primarily focused on publishing our research findings in academic journals and demonstrating the efficacy of our vector embedding framework in controlled studies. While we have shown promising results in these academic settings, we have not yet developed our framework into a fully-fledged Pilot/ product or service that has been deployed in real-world healthcare environments.
So far, we have built and tested a self-supervised vector embedding extraction framework that utilizes data and computation-efficient techniques. This framework, focusing on resource-limited settings, has been designed to generate high-quality embeddings from medical images, such as satellite images, fundus photos, and chest X-rays. Our research has demonstrated the potential of this framework to improve the efficiency and accuracy of medical AI applications in such environments.
In terms of beneficiaries served our primary audience has been the academic and research community, as our efforts have been concentrated on publishing our findings and contributing to the scientific discourse on AI in healthcare. We have not yet reached the stage where we serve customers or beneficiaries outside this community. However, our research has laid the groundwork for future development and deployment of our framework in healthcare settings, where it has the potential to impact the lives of medical professionals and patients in Low- and Middle-Income Countries.
In summary, our accomplishments so far have been in the realm of academic research and publication, demonstrating the efficacy of our vector embedding framework in controlled studies. We have not yet developed our framework into a product or service for real-world deployment, and as such, we have not served customers or beneficiaries outside of the research community.
We are applying to Solve with the hope of receiving support in the following key areas:
Business Model: As we transition from a research-focused initiative to a more product-oriented approach, guidance on product-market fit, strategy, and development is crucial. We seek support in refining our business model to ensure that our vector embedding framework is not only technologically advanced but also economically viable and scalable in the healthcare markets of Low- and Middle-Income Countries.
Financial: Our team has a strong technical background but would benefit from expertise in accounting practices and pitching to investors. Financial mentorship could help us develop a robust financial plan, attract investment, and ensure the sustainability of our project as we scale our solution.
Product / Service Distribution: As we aim to deploy our framework in diverse global healthcare settings, assistance in delivery, logistics, and expanding our client base is essential. We hope Solve can connect us with partners and experts who can help us navigate the complexities of distribution in different regions, ensuring that our solution reaches the intended beneficiaries effectively.
Public Relations: Building a strong brand and marketing strategy is key to our project's success. We seek guidance in developing a compelling narrative around our solution, engaging with social and global media, and raising awareness about the importance of accessible AI technologies in healthcare. Support in this area would help us amplify our impact and reach a wider audience.
By receiving support in these areas through Solve, we aim to strengthen our project's foundation, enhance our capacity to deliver our solution, and ultimately contribute to the democratization and decentralization of healthcare innovation.
- Business Model (e.g. product-market fit, strategy & development)
- Financial (e.g. accounting practices, pitching to investors)
- Product / Service Distribution (e.g. delivery, logistics, expanding client base)
- Public Relations (e.g. branding/marketing strategy, social and global media)
Our solution is innovative in several ways, offering a new and significantly improved approach to addressing the challenges of deploying medical AI technologies in resource-limited settings:
Self-Supervised Learning for Vector Embeddings: Our framework leverages self-supervised learning (SSL) to generate vector embeddings from medical images without requiring extensive labeled datasets. This approach is particularly innovative in low-resource environments where labeled data is scarce and expensive to obtain. By utilizing SSL, we can extract meaningful representations from medical images, enabling efficient and accurate AI analyses with minimal data requirements.
Computation-Efficient Techniques: We incorporate data and computation-efficient techniques such as model pruning, quantization, and architecture optimization to reduce the computational footprint of our models. This innovation is crucial for deploying AI technologies in settings with limited computational resources, making advanced AI tools more accessible to healthcare providers in Low- and Middle-Income Countries.
Multi-Modal Compatibility: Our framework is designed to handle various types of visual data, including satellite images, fundus photos, and chest X-rays. This multi-modal compatibility is innovative because it allows our solution to be applied across different medical domains, increasing its utility and impact.
Scalability and Adaptability: Our framework's modular design ensures scalability and adaptability, allowing it to be customized and expanded to meet the evolving needs of different healthcare environments. This flexibility is innovative, as it enables our solution to be tailored to specific regional challenges and integrated into existing healthcare systems.
Our solution has the potential to catalyze broader positive impacts in the medical AI space by demonstrating the feasibility and effectiveness of self-supervised learning and computation-efficient techniques in resource-limited settings. This could encourage other researchers and developers to explore similar approaches, leading to a wave of innovation that makes medical AI more accessible and sustainable globally.
Furthermore, our solution could change the market landscape by lowering the barriers to entry for deploying AI technologies in healthcare. By reducing the reliance on large labeled datasets and extensive computational resources, our framework opens up new possibilities for healthcare providers in underserved regions to leverage AI for improving patient outcomes. This democratization of medical AI could lead to more equitable healthcare delivery, with advanced technologies being available to a wider range of populations, regardless of their economic status.
In summary, our solution is innovative in its approach to vector embedding generation, computational efficiency, multi-modal compatibility, and scalability. It has the potential to catalyze broader positive impacts in the medical AI space and change the market landscape by making advanced AI technologies more accessible and sustainable in resource-limited settings.
Goal: To improve healthcare delivery and outcomes in Low- and Middle-Income Countries (LMICs) through accessible and efficient AI technologies.
Activities:
Developing a Self-Supervised Learning Framework: Creating an SSL framework that generates vector embeddings from medical images without extensive labeled data.
Implementing Computation-Efficient Techniques: Incorporating techniques such as quantization and architecture optimization to reduce the computational requirements of our models.
Ensuring Multi-Modal Compatibility: Designing the framework to handle various types of visual data, making it versatile across different medical domains.
Tailoring the Framework for Resource-Limited Settings: Optimizing the framework to be adaptable and scalable in environments with limited computational resources and AI expertise.
Outputs:
High-Quality Vector Embeddings: Generated embeddings accurately representing the underlying medical data, facilitating efficient and effective AI analyses.
Reduced Computational Footprint: Significantly lowered computational resources required for AI deployment in healthcare.
Versatile Framework: A framework that can be used for various medical applications across different domains.
Immediate Outcomes:
Enhanced Diagnostic Accuracy: Improved accuracy of medical diagnoses due to high-quality vector embeddings in AI analyses vs Humans.
Increased AI Accessibility: More healthcare providers in LMICs can access and use AI technologies for medical diagnoses and treatment planning.
Broader Application of AI: The framework's versatility allows it to be applied in multiple medical domains, leading to a wider impact.
Intermediate Outcomes:
Improved Healthcare Delivery: Enhanced quality of healthcare services due to the integration of efficient AI technologies in diagnostic and treatment processes.
Empowered Healthcare Providers: Medical professionals in LMICs are equipped with advanced tools to make informed decisions, leading to better patient outcomes.
Ultimate Outcome: Improved healthcare outcomes and quality of life for populations in LMICs, with a particular focus on enhancing accessibility and efficiency in medical AI applications.
Evidence to Support Links:
Research on Self-Supervised Learning: Studies have shown that SSL can effectively learn from unlabeled data, making it suitable for environments with scarce labeling resources [REF]
Findings on Computation-Efficient Techniques: Research demonstrates that techniques like model pruning and quantization can significantly reduce the computational footprint of AI models without compromising performance [REF].
Current partnership: Our active 5 year partnership with teams in Africa are already collecting local imaging data and building AI capacity which this project will build upon.
Our theory of change outlines a clear pathway from the development of our innovative framework to the ultimate goal of improving healthcare outcomes in LMICs. It is a living document that will be regularly revisited and refined based on ongoing research, feedback from target populations, and the evolving context of the program.
Our solution, an innovative vector embedding framework, targets specific impact goals designed to improve healthcare in Low- and Middle-Income Countries (LMICs). These goals focus on expanding access to advanced AI technologies, enhancing healthcare outcomes, and fostering innovation in medical AI. We track our progress towards these objectives using measurable indicators aligned with the United Nations Sustainable Development Goals (SDGs), particularly SDG 3 (Good Health and Well-being) and SDG 9 (Industry, Innovation, and Infrastructure).
Access to AI Technologies: Our primary metric is the adoption rate of our framework by healthcare providers in LMICs, which reflects the framework's accessibility and relevance.
Healthcare Delivery and Outcomes: We assess enhancements in healthcare delivery by comparing the accuracy of medical diagnoses before and after implementing our framework. An increase in diagnostic accuracy indicates an improvement in healthcare quality.
Innovation in Medical AI: Innovation is gauged by tracking the number of new research projects, publications, and technologies that our framework has inspired. This indicator measures our impact on advancing the medical AI field.
Computational Efficiency: We measure the reduction in computational resources required to deploy AI in healthcare, which is crucial in resource-constrained settings like LMICs. This efficiency is a key indicator of the practical applicability of our technology in these regions.
We continuously monitor and evaluate these indicators, adjusting our strategies as needed to ensure we are effectively meeting our impact goals. This technical and systematic approach ensures that our framework not only advances healthcare technology in LMICs but also contributes to global health and innovation targets.
The core technology behind our solution is based on vector embeddings, a sophisticated yet efficient method for representing medical images. These embeddings are created using a self-supervised learning (SSL) framework, which facilitates the development of predictive models and supports various analytical tasks. Here’s an overview of the key components of our technology:
Vector Embeddings: At the heart of our technology are the vector embeddings, which are condensed representations of medical images. These embeddings capture crucial image features while substantially reducing data size, making them suitable for environments with limited computational and storage resources.
Self-Supervised Learning for Embedding Generation: We generate these embeddings using self-supervised learning. SSL is a type of machine learning that derives insights directly from data without requiring annotated labels. This approach is particularly beneficial in medical settings where labeled data may be sparse. SSL allows our system to produce meaningful embeddings from a range of medical images, including satellite imagery, fundus photographs, and chest X-rays, without extensive labeled data.
Privacy Preservation: Vector embeddings enhance data privacy since they are abstract representations of original datasets. Sharing and analyzing these embeddings does not compromise sensitive patient information, addressing critical privacy concerns in medical applications.
Effectiveness in Medical AI Applications: Despite their reduced size, vector embeddings effectively retain essential diagnostic information. They serve as inputs for various machine learning models, supporting efficient and precise disease detection, patient monitoring, and treatment planning.
Models Utilizing Embeddings: Our focus extends to both the generation of these embeddings and the development of models that leverage them for downstream applications. By refining machine learning models to work seamlessly with vector embeddings, we enhance the practicality and effectiveness of our technology across a spectrum of medical AI applications.
In essence, our solution's core technology employs vector embeddings generated through self-supervised learning to provide a privacy-conscious, efficient, and effective tool for medical AI, especially suited to settings with limited resources.
- A new application of an existing technology
- Artificial Intelligence / Machine Learning
- Big Data
- Imaging and Sensor Technology
- United States
- Uganda
Our solution team consists of 2 full-time postdoctoral researchers, one based in MIT and the other in Uganda. Additionally, we have part-time contributions from one lecturer in each location. The team is further supported by local students and healthcare workers who participate in various capacities. The project also incorporates data collected from an NIH-funded project, enhancing the breadth and depth of our research and development efforts. This structure allows for a rich blend of local engagement and international collaboration, leveraging diverse expertise to drive the project forward.
Our team has been working on the specific technology of vector embeddings for 1.5 years. In collaboration with the NIH, we have been building capacity at this location for 2 years. Our broader experience extends significantly further, as we have been involved in fair AI and capacity building for many years. Notably, we developed MIMIC, the first open ICU database of its kind, 20 years ago, showcasing our long-standing commitment to advancing medical informatics and AI research.
Our team is deeply committed to fostering a diverse, equitable, and inclusive environment, directly informed by our extensive experience and long-standing partnerships in the regions we serve. This commitment is crucial not only for the richness it brings to our project but also for ensuring that our solutions are culturally relevant and sustainable.
Diversity: We emphasize geographic diversity, drawing team members from both our home base and partner locations in Low- and Middle-Income Countries (LMICs). This approach ensures that our solutions benefit from local insights and expertise, which are critical for the contextual applicability of our AI technologies.
Equity: Our equity efforts are focused on capacity building within these partnerships. By leveraging our collaborations, especially with local educational institutions and healthcare facilities, we provide tailored training and development opportunities. These initiatives are designed to equip local team members with advanced skills, thus reducing educational and technological disparities.
Inclusion: Inclusion is practiced through engaging local stakeholders as integral members of our project teams. We ensure that these team members are not only contributors but also key decision-makers in the research and development processes. This inclusive approach helps us to address local needs more effectively and fosters a sense of ownership and commitment among all participants.
Actions Taken:
- Strengthening Partnerships: Our long-term collaborations with local institutions have been central to our strategy. These partnerships have allowed us to build a foundation of trust and mutual respect, which is vital for effective teamwork across different cultural contexts.
- Capacity Building: We focus on building local capacity by providing access to advanced technological training and resources. This has been particularly effective in empowering local healthcare workers and researchers, thereby enhancing the local healthcare infrastructure.
- Advocacy and Leadership: Through our leadership in open science and public advocacy for diversity and equity, particularly in LMICs, we continually promote these values within the global research community. Our track record in projects like the development of the MIMIC database exemplifies our commitment to these principles.
Our business model for the vector embedding service is strategically crafted to deliver significant value to healthcare institutions in Low- and Middle-Income Countries (LMICs). We focus on transforming their medical data into actionable insights using our state-of-the-art vector embedding technology. This model is designed to enhance local medical capabilities while also establishing a sustainable revenue stream.
Key Customers and Beneficiaries: Our primary customers are healthcare institutions in LMICs, such as hospitals, clinics, and research facilities. These institutions often struggle with access to advanced computational resources and AI technologies. The ultimate beneficiaries are the healthcare providers and patients at these institutions who gain from enhanced diagnostic accuracy and improved treatment outcomes.
Products and Services:
- Vector Embedding Conversion Service: We convert medical images and waveform data into vector embeddings using our proprietary self-supervised learning framework. These embeddings are lightweight, maintain privacy, and retain critical medical information.
- Model Recalibration Support: We offer support to recalibrate existing AI models to be compatible with our vector embeddings, ensuring these models remain effective with the newly formatted data.
- Tools for Utilizing Embeddings: Our suite of tools and software facilitates the use of vector embeddings in various medical AI applications, including disease detection and patient monitoring.
- Training and Capacity Building: We provide comprehensive training for healthcare professionals and researchers to enhance their proficiency in using AI technologies and vector embeddings, supported by workshops, online courses, and personalized support.
Value Proposition:
- Accessibility: Our services enable healthcare institutions with limited resources to employ advanced AI technologies, breaking down barriers to technology adoption.
- Privacy Preservation: The nature of vector embeddings ensures that sensitive patient data is kept secure and private.
- Efficiency: Our technology reduces the computational load and storage needs, making it feasible for resource-constrained settings.
- Improved Healthcare Outcomes: Enhanced diagnostic tools and research capabilities lead to better patient care and health outcomes.
Revenue Streams:
- Service Fees: Institutions pay per dataset for the vector embedding conversion service.
- Subscription Model: Customers can subscribe to our software tools for continuous access and updates.
- Training Program Fees: We charge for enrollment in our specialized training programs, which are essential for capacity building and effective utilization of our services.
Delivery Channels: Our services are delivered through a cloud-based platform, enabling easy and scalable access for institutions. This platform allows customers to upload their data and utilize the necessary tools and embeddings remotely, ensuring a smooth and efficient process.
In summary, our business model leverages a platform-based approach to deliver transformative services to healthcare institutions in LMICs, enhancing their medical capabilities while ensuring our operations are sustainable and scalable. Through this approach, we aim to democratize access to advanced AI technologies, contributing to improved healthcare outcomes and broader social impact.
- Organizations (B2B)
Our strategy for achieving financial sustainability incorporates a diversified revenue model, combining service fees, subscription revenue, training programs, grants, and investment capital. Here’s how each component contributes to our financial health:
Service Fees: We generate revenue primarily through service fees for converting medical data into vector embeddings. This service targets healthcare institutions, research organizations, and others needing advanced AI capabilities for medical data analysis.
Subscription Model: We offer subscription-based access to our software tools and platform. This model ensures a consistent revenue stream as institutions continue to use our tools for various applications, from disease detection to patient monitoring.
Training Programs: We charge fees for training and capacity-building programs aimed at healthcare professionals and researchers. These programs not only foster wider adoption and effective utilization of our technology but also represent a direct source of revenue.
Grants and Donations: We actively pursue grants and donations from entities like government agencies, foundations, and philanthropic organizations focused on healthcare innovation and technology. These funds support our research and development activities and subsidize our services in low-resource settings.
Investment Capital: We are also engaging with impact investors and venture capitalists interested in supporting socially impactful technology solutions. This capital is intended for scaling our operations and expanding our geographical footprint.
Evidence of Success:
Grants Received: We have secured grants from prominent organizations, including the National Institutes of Health (NIH). This funding underscores the credibility of our technology and the potential impact of our solution on global health.
Revenue Generation: The initial uptake of our vector embedding conversion service has been promising, with several institutions using our service and contributing to our revenue. The feedback has been overwhelmingly positive, reflecting the high value and effectiveness of our service.
Subscription Growth: Our subscription-based platform has experienced consistent growth in user numbers, indicating strong market demand and satisfaction with our service.
Training Program Engagement: Our training programs have seen robust participation, generating revenue and enhancing the technological capabilities of participants, which in turn drives further adoption of our technology.