Archive for the 'Industry Expert' Category

Health Wildcatters – As the Seed Grows

So, you’re an entrepreneur with a bright idea around technology in the healthcare industry. You have the necessary technical and business knowledge and you’ve put together a small, dedicated team. You’ve planted your technology seed and you’re bootstrapping your business.

Everything at this point is relying on you. Whether you succeed or fail depends, arguably, on whom you know, what your cash flow situation is, the guidance available to you, having a competitive advantage, and even having a workplace environment conducive to development of your idea. Without these things, your technology seed may never take root.

To help meet these challenges, the Dallas-Texas-based Health Wildcatters organization, a spin-off of the Tech Wildcatters, a Forbes Top-10 Accelerator program, provides a mentorship-driven healthcare seed accelerator program for early stage healthcare startups.

Last year, I participated in the educational HIPAA presentation and one-on-one event hosted by Health Wildcatters and sponsored by Layered Tech. Since HIPAA compliant hosting is one of the services offered here at Layered Tech, I teach about the security practices necessary to meet healthcare regulatory standards and specifications.

At the event, there was a range of startups with technology ideas directed at the digital health, mental health, health IT, medical devices, and other areas applicable to the healthcare industry. I had the opportunity to meet with several of the entrepreneurs who gave me high-level overviews of their projects, to which I gave my opinion on the impact the HIPAA standards and specifications might have on their technology seeds and provided guidance on what security practices they might need to consider.

I came away from the event realizing that providing startups with access to the resources they need, including an understanding of the complex regulatory environment, is a win-win for everyone.

For the Health Wildcatters organization, which provides initial seed-money and resources to a limited group of entrepreneur applicants, they are well positioned to invest in the cream of the crop upon graduation from their 3-month program. For Layered Tech, there is potential for creating a HIPAA compliant secure hosting services relationship with these healthcare startups. And, for the entrepreneur, there is every opportunity to succeed and nurture the growth of his or her well-rooted technology seed.

With the healthcare IT space exploding,  programs like this 12-week accelerator platform are an ideal way to foster development of much needed technology. And, it’s gratifying to watch a seed of an idea bloom into a great business.

About the Author: Terry G. Raitt holds the CISSP certification and is the Information Security Risk Manager at Layered Technologies. His 15 years of experience in the Information Technology and Services industry includes roles as a policy enforcement manager, computer security incident manager, technical support manager, Linux/Unix system administrator, and network administrator.

Migration: One of the Most Overlooked Service Capabilities of a Cloud Provider

There has been a great deal of innovation around automated provisioning, scaling and decommissioning of cloud services in the past couple of years. The primary driver of this innovation is the ability to easily consume cloud services and pay only for the services that are being used. Creating cloud servers and appliances has become a remedial task to the end user with point-and-click provisioning being performed via slick web portals, while modern day cloud orchestration systems do the heavy lifting on the backend provisioning of the services that were ordered.

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Why Education and Certification Matters for Tech Service Providers

It seems obvious that better trained employees will have a positive impact in any business. Yet, a recent survey by Accenture found that 35% of executives say they have not invested enough in training to develop the skills they need, and 64% anticipate loss of revenue due to this skill gap

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10 Reasons Why Migrating to the Cloud Makes Sense

I had the opportunity to attend and speak at recent KANAConnect events in the US and Europe. I was surprised and delighted at the breadth of discussion and focus placed on cloud computing and the forward-thinking direction of many of the attendees.

One thing that was quite clear and different from what I’d experienced at past KANA events was the overall mindset towards the cloud playing a larger role in the future growth plans of the majority of the companies in attendance.

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Healthcare Startups, HIPAA Compliance, and Texas Hold ‘Em

Your healthcare startup has just secured its second or third round of funding as you prepare to move your apps out of beta testing and into the marketplace. It’s a heady time; your team is filled with anticipation over the impact your solutions could potentially have on the lives of millions. That is, if you last long enough to overcome all the pitfalls and obstacles that startups are subject to. You need to keep one eye on your burn rate and make sure that you’re prioritizing every dollar spent.

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Startups That Fly – Layered Tech’s Role

As Director of Compliance and Security services at Layered Tech since 2008, I have seen our Compliant Services business grow significantly during that time. With that growth, there has been a noticeable phenomenon related to our startup clients who have reached an attractiveness level high enough to become acquisition targets.

We are in a unique position to see this happen from start to finish. It is a behind-the-scenes supporting role where our economy of scale and simplified audit-service goals lend upward momentum. I have seen this happen several times, including with Layered Tech itself. It is a topic that deserves some background, so let me lay out an example of what I mean.

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Q4 Update From Layered Tech CEO Jack Finlayson

I’m excited to update you on the progress and status of Layered Technologies (LT) Inc. as we begin the fourth quarter of 2013.

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Preparing for New Payment Card Industry Data Security Standards

The PCI DSS (Payment Card Industry Data Security Standard) is in a release cycle this year, meaning version 3.0 will be released shortly. At this year’s recent Community Meeting of the PCI Security Standards Council, much discussion centered on the new version of the standard, which is why both me and our Chief Risk Officer, Jeff Reich, attended.

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What You Need To Know About Application Performance Management

I have seen a shift in responsibility for overseeing and managing applications. Application monitoring and management is increasingly moving from application architects and developers and into IT operations. Our clients’ IT management folks are expected to be responsible for ensuring application health and performance and therefore are increasingly relying upon Layered Tech to provide management information and dashboard.

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Is It Safe?

Some of you might remember the movie Marathon Man starring Dustin Hoffman as Babe.  In it, he is repeatedly questioned by the former Nazi SS dentist, Dr. Christian Szell and asked, “Is it safe?”

Christian Szell: Is it safe? Is it safe?

Babe: You’re talking to me?

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