Health Discovery Corporation (OTCBB:
) is pleased to announce a strategic partnership with Adaptive, Inc., a market leader in helping international companies and government agencies to capture, organize and manage the data they create. Founded in 2002, Adaptive is a transatlantic company with its U.S. Headquarters in Aliso Viejo, California.
Companies today are faced with an explosion of the amount, complexity and importance of enterprise data. Enabling the ability to capture, analyze and manage this data is of critical importance for their business success. Adaptive has developed and sells its leading data management technology to large, complex corporations around the world.
“Adaptive has been very successful in assisting large international corporations and government agencies collect, store and manage their data in a single sophisticated database," said Jeff Goins, Adaptive’s President. "Now our large global customers want to identify patterns in their newly organized data which can greatly add to the success of their business. As such, we are really excited to partner with Health Discovery Corporation, a company which has a superior pattern-recognition technology called Support Vector Machines, an award winning patent portfolio protecting their technology, and world-class mathematicians to assist our customers in their effort to generate additional significant revenues and cost savings by identifying unique patterns in their complex databases."
According to Jeff Goins, Adaptive's President, "Health Discovery Corporation's technology can play a pivotal role in identifying patterns in electronic health records management, health care insurance, fraud detection (especially in the Medicaid/Medicare system), banking, customer data management, marketing, risk management and homeland security which represent a sampling of Adaptive's current customer base."
“Enormous amounts of data are being created every second of every day and companies and governmental agencies need to run sophisticated pattern recognition analysis on their data to generate additional revenue sources, as well as, cost savings opportunities,” said Stephen D. Barnhill, Chairman and CEO, Health Discovery Corporation. “I see significant revenue potential for Health Discovery Corporation by applying our patented, pattern recognition technology in the area of data management and data-mining for these large international companies and government agencies which are customers of Adaptive Inc.,” said Dr. Barnhill.