Datafoundry Wins NASSCOM’s AI Gamechangers Award 2022
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Jun 23rd, 2022

Datafoundry Wins NASSCOM’s AI Gamechangers Award 2022

 

We are delighted to announce that our product DF mSafety AI has won the prestigious NASSCOM AI Gamechangers Award 2022. The award was presented to Datafoundry at the flagship NASSCOM event AI Parley Summit held virtually on 23rd June, 2022.

Audience members from diverse backgrounds attended the summit: Government, practitioners, AI experts, industry leaders, academicians, startups and researchers, bringing at one time a diverse pool of AI stakeholders to celebrate best use cases of AI in India.

There were over 350+ applications and 5 months of selection process across industries and sectors such as Retail & CPG, BFSI, Life sciences and Healthcare, Agriculture, Manufacturing & Industrial Automotive, Education, Technology, Media & Telecommunications, Energy and Natural Resources, Transport & Logistics, and Travel, Tourism and Hospitality.

The Winning Use Case for Life Sciences and Healthcare

DF mSafety AI – Automated & AI-powered Safety Platform 

Our product DF mSafety AI utilizes AI-driven automation and digitalization capabilities to deliver the core functionalities of the Safety system. 

Case intake from multiple sources is automated using the ML models for OCR, NLP & text analysis. The solution utilizes: 

•  RPA to create automated case workflows

•  NLG for automated narrative writing

•  Automation of Seriousness Prediction, Causality Assessment and Expectedness 

•  ML assisted medical coding using WHO-DD & MedDRA drug dictionaries 

•  Usage of ML models for signal detection from Real World Data (RWD) 

•  Usage of OCR and NER models for monitoring medical literature articles for Safety Vigilance 

We built an integrated solution – DF mSafety AI, which is based on secure, scalable, resilient and compliant cloud services with advanced machine learning and deep learning capabilities that enable pharma companies and CROs (Contract Research Organizations) overcome the challenges they face with legacy Safety systems. The AI components enable both process automation and deliver analytics/insights to create efficiencies in the entire process – more gets done with least human intervention. The solution allows medical reviewers to focus on serious cases and their causality, follow-up actions required instead of administrative tasks. 

 

About AI Gamechangers

An Initiative to Accelerate India’s AI Excellence 

The AI Gamechangers Awards program is a crucial initiative under NASSCOM’s AI for India Mission that was launched to drive AI adoption in India.  

Artificial intelligence is now transforming every walk of life like never before. As the world faced the unprecedented crisis of COVID-19, India reported a 45 per cent increase in AI usage among businesses and organisations (according to a report published by PwC), the highest of all the countries. This rapid adoption of AI in the country makes it an emerging hub for innovative and transformational AI solutions and investments.  

To bring these unexplored possibilities to the fore, NASSCOM introduced the AI Gamechangers program last year to promote and encourage AI adoption in India, which recognised innovative and impactful ideas coming from 300+ applicants. The applications submitted underwent rigorous screening by the panel consisting of eminent personalities in the AI sphere such as Abhishek Singh, President & CEO of NegD; Leena Walavalkar, Chief Innovation Evangelist, Business and Technology Services, TCS; Rishikesha Krishnan, Director of IIM Bangalore; Dr. Rohini Srivasthava, National Technology Officer of Microsoft India; Srikanth Velamakanni, Co-founder, Group Chief Executive and Vice Chairman of Fractal Analytics. Sreekanth Menon Global Lead – Data Science, Artificial Intelligence and Machine Learning Practice at Genpact, and Sanjay Kukreja, Principal/ Global Head of Technology at eClerx were the technical advisors for the event. The nominations were then evaluated on parameters such as innovation, impact and scalability. 

AI Gamechangers 2022 with the theme “Realizing India’s AI Promise” aimed to recognize AI Innovations from grass roots to large enterprises that are impactful and scalable. Applicants from Enterprises, Startups, Government bodies, Academic Institutes and NGOs came together and to showcase their innovative ideas to the world and, the award-winning entries were feature in the annual AI Gamechangers compendium at NASSCOM’s annual flagship AI event.  

 

About Datafoundry

Datafoundry is a company with a vision to bring the power of AI/ML to Life Sciences and Healthcare industry for better health outcomes. We are a team of domain experts, data scientists and software developers building best-in-class AI models to deliver insights and process automation to key business processes to enable digital transformation of Life Sciences companies. Our current focus areas include Pharmacovigilance, Literature Research, Labelling, and Real-World Studies. 

Contact:Priyanka Chakraborty

corporate@datafoundry.ai

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