Franklin-based Digital Reasoning Systems was founded 14 years ago and has steadily grown since into a global player in the artificial intelligence software arena, mostly by focusing on the war on terrorism. But founder Tim Estes has since 2011 been moving the company into the finance sector, focusing on compliance matters. Clay Dillow at Fortune sat down with Estes and his team to sketch the company's evolution and successes in building beyond military intelligence.
Estes calls the practice “proactive compliance.” With smart software to maintain constant vigilance over every email, instant message, media report, and memo sent within a company, financial firms can pinpoint a person’s intentions to engage in prohibited or illegal activity before they develop into infractions and the subpoenas start flying. In military intelligence work, “You’re basically trying to figure out who talked to who, who else knew about it, and did they act upon it,” Estes says. “That kind of forensic stuff is very similar to the investigations you might have at a bank.”
The clinical documentation software developed by Nashville-based Shareable Ink has been chosen by anesthesiologists who are part of University of Louisville Physicians. About 45 doctors across 20 operating rooms will use Shareable Ink's products as they transition to a pay-for-performance world.
University of Louisville Physicians anesthesiologists and their care teams will now use Shareable Ink’s pen to document data digitally by entering information directly onto electronic versions of forms they already are using. The data will then be immediately available to any of their providers who need access to treat a patient. University of Louisville Physicians will also participate in ShareMU, Shareable Ink’s Meaningful Use program for anesthesiologists.
The organizers of the Bonnaroo festival also are again organizing Hackeroo, a local hackathon where participants will build apps, services and technology that serve live events, in conjunction with sponsor Emma. The hackathon will take place at Emma's Bistro on Rolling Mill Hill on May 10 and 11. The winner will receive VIP access to Bonnaroo, where the winning product will be marketed to the festival's audience of 80,000 and to the Southland technology and entrepreneurship conference being held in Nashville just prior.
Travis Laurendine, who started Hackeroo last year, will once again host and mentor developers throughout Hackeroo. Also participating in Hackeroo will be Sarah Lacy, founder and CEO of PandoDaily, which is co-producing Southland with Launch Tennessee.
"Last year, we were empowered by Bonnaroo to test the concept of a hackathon that takes the technology developed and integrates it into the festival," Laurendine said. "Now, with the backing of Southland in addition to Bonnaroo producers Superfly and AC Entertainment, we are going to scale this event into the premier yearly music hackathon in Music City USA."
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Developers of the Nashville-based personal health management app Healthspek have been invited to pitch their product at AARP's national expo in May.
The expo, to be held in Boston, will showcase 10 startups in the "50 and over" health technology market, with access to consumers, venture capitalists and other investors. Healthspek is a free iPad tool that safely tracks, collects and disseminates personal health care information.
"Today's health care environment is putting the power back in the hands of the people, and we see that as very positive," Randy Farr, Healthspek CEO, said in a release. "Consumers now have an opportunity to manage their own care, working with their doctors to streamline the flow of information. The benefits in cost reduction, efficiency, disease prevention and peace of mind are significant, and we believe we're just scratching the surface of how this technology could revolutionize American health care."
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