MANAMA: A US-based firm that’s disrupting the healthcare solutions market using artificial intelligence (AI) and robotics wants to use Bahrain as the launchpad for its Middle East foray.
Anilkumar Jayaprakash, the founder of Cyber Healthcare, believes the kingdom is the ideal gateway to the GCC as it “always embraces development and opens the door to people with unique business ideas”.
Speaking to the GDN on the sidelines of the Royal Investment Summit hosted by the Shaikh Abdulaziz bin Duaij Al Khalifa Private Office last week, he said the plan is to set-up a regional development centre in Bahrain, under the guidance of the parent company, Cyber Chasse, which already has an established IT staffing vertical.
“This hub will benefit Bahrain in creating 100+ job opportunities for highly skilled technology professionals. Alongside this centre, we are also planning to set up research and development, and marketing divisions as well.”
The tech entrepreneur feels this would bring even more jobs to the country, by fostering technologies like AI, machine learning (ML), and Internet of Things (IoT).
Multiple reports show that the pandemic has accelerated tech-driven disruption in the region’s healthcare sector.
According to ... (please mention the source), the telehealth market in the GCC region is expected to reach over $24 billion in less than 5 years, driven by a growing young population and increasing reliance on technology.
“Covid-19 and the social distancing practices that have come with it has put tremendous strain on the healthcare industry, making it so much more difficult to reach and treat the patients that need care the most,” said Mr Jayaprakash.
Cyber Pharmacy and ChasseRx – the two divisions of Cyber Healthcare – address this by letting patients consult doctors online, test for Covid-19 infection, avail necessary treatments, and get medicines and medical devices delivered to their doorstep.
“By partnering with local and regional pharmacies, doctors’ offices, delivery services, and making the highest possible use of AI technology, we strive to bridge the gap between the modern digital age and the healthcare industry,” he added.
“All of these features keep sick patients inside and away from spreading the virus. This puts less strain on hospitals and allows them to focus on treating the patients who need the most attention. Our AI technology has the necessary capabilities to take on the growing demand for healthcare, and is an efficient and safe way to stop the spread of Covid-19.”
The venture was started with the goal of connecting patients with local pharmacies and healthcare providers more easily and conveniently just with a touch on their smartphones.
It has since developed into an end-to-end healthcare solutions provider.
At its heart is a digital software as a service (SaaS) technology platform built using advanced AI and ML, which make it possible for patients to receive virtual face-to-face advice from medical professionals.
“Doctors can analyse and diagnose different conditions remotely and more accurately, which has external benefits such as lowering hospital wait times, whereas patients can get prescriptions refilled automatically and access their health records quickly.”
While Cyber Healthcare is not the first to the market, Mr Jayaprakash is confident it will do well.
“Our competitors offer only a part of what we offer, and they don’t use the niche technologies and service capabilities that we do.”
The entrepreneur is also enthused by the response from investors during the summit.
“I found that businesses here are looking for shift to technology that will dominate the GCC economy for years to come, which aligns exactly with the motto of Cyber Healthcare.
“It was really great to speak to so many talented investors who want to fund companies that are making an impact in the tech industry.”
avinash@gdn.com.bh