Optum Global Solutions (India) Pvt Ltd, an IT Consultancy, recently announced the launch of ‘Optum Startup Studio’ in India in partnership with International Institute of Information Technology, Hyderabad (IIITH). Optum Startup Studio aims to identify innovative ideas and startups that can help accelerate value delivery in the search for solutions to some of healthcare’s toughest problems, the company claimed in its press release.
Optum has partnered with IIITH as its innovation partner in this endeavour. In addition to the Optum Startup Studio program, this partnership will also research specific challenges in the healthcare sector, with a focus on learning and applying specific abilities to provide people with the opportunity to lead healthier lives.
The program was launched by Jayesh Ranjan, Principal Secretary, Industries and Commerce (I&C) and Information Technology (IT) departments of Telangana Government, Virtually and Phil McCoy, Chief Information Officer, Optum.
As part of this partnership, ideas submitted by participating teams will be independently assessed by industry and functional experts from Optum and IIITH for further discussion and potential funding. Optum Executive will also be available to consultant in all areas including technology, business strategy, design and product development. Concurrently, IIITH will leverage its deep technical research capabilities and vast experience in incubating startups to provide research and business advice to selected startups.
Phil McCoy, Chief Information Officer, Optum, said, “The growing startup ecosystem in India presents a great opportunity for collaboration to develop multiple innovations in the health technology sector. We plan to support this through our Optum Startup Studio program.”
PJ Narayanan, Director, IITH, said, “As a top research university in India, we are excited to collaborate with Optum as both organizations share a commitment to advancing and supporting India’s healthcare ecosystem “
Manoj Kapoor, VP, Technology, Optum Global Solutions (India) Pvt Ltd said, “We are excited to launch this healthcare innovation program in partnership with IIITH and its pioneering efforts to address some of the most complex healthcare technology issues. Focus on programs and technology. Our partnership will not only help us drive innovation with the IIITH community, but will allow Optum employees to give back to startups by providing them with invaluable advice, access to cutting-edge technologies.”
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