As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. Every new portal and mobile app expand the attack surface and give hackers new opportunities to exploit vulnerabilities. The stakes for financial organizations are growing as well. In 2021, U.S. fraud losses amounted to $5.9 billion, a 436% increase over 2017 levels, according to McKinsey. And for every dollar lost to fraud, banks spend over $4 on recovery fees, legal fees, and other expenses. 

Thwarting financial crime is never easy, but by adopting the right cloud infrastructure and strategically deploying artificial intelligence (AI) technologies, financial institutions can get ahead of bad actors, gaining insight into their tactics, discovering their activity sooner, and preventing attacks before they lead to a loss.

Challenges for fraud risk management 

Fraud is a big and a worthwhile business for today’s online criminals, who troll the internet and insert data-stealing malware into vulnerable sites and mobile apps. They sell stolen data on the dark web, where they form alliances to trade tactics and technologies, such as AI algorithms that can crack even the most complex passwords in seconds. They purchase thousands of illicit debit and credit card numbers and combine them with other hacked information—including Social Security numbers of children, who have no financial history—to create false identities and open multiple fraudulent accounts.  

To counter these measures, financial institutions are taking increasingly aggressive steps to identify suspicious behaviors and transactions quickly. 

“One main challenge faced by financial organizations is the complexity of correlated data needed to discover deviant behavior and patterns,” says Archana Trikha, Associate General Manager at Tata Consultancy Services (TCS). “Mature banks perform massive volumes of transactions, but less than one percent are fraudulent, so it’s basically finding the needle in the haystack. When a card or an ATM transaction is taking place, you need to identify suspicious activity and take a decisive action in milliseconds.”  

Traditional tables and relational databases at the back end of financial systems and applications are often siloed. By missing important correlations, analysts or automated systems may not spot illegal activity soon enough to prevent a loss. When suspicious activity is flagged, it can hold up a transaction while a representative investigates the matter, frustrating customers.   

Fighting back with AI  

“Effective fraud prevention requires financial institutions to stay a step ahead of cybercriminals by incorporating AI technologies and multiple dimensions related to sequence of events to identify suspicious activity in real time,” Trikha says. One essential step is accessing the processing power of Microsoft Cloud, where organizations can integrate and analyze large data sets from multiple data sources, swiftly correlating them for possible connections to fraudsters or money-laundering shell companies.  

For example, organizations can use cloud-based AI applications to analyze customer behavior, discerning near-real time deviations from a real customer’s profile, identifying anomalous behavior, or identifying collusions among entities. AI can also enhance existing software, such as alerting systems, which often generate many false positives. In addition to reducing alert fatigue, AI capabilities can provide reasons for its decisions, saving staff hours of time in compiling compliance reports. 

“These are just some of the advanced technologies TCS deploys and customizes for financial clients,” Trikha says. Once big data and AI systems are set up in Microsoft Cloud, they continue to incorporate the latest information about threats, investigations, and interventions, helping financial institutions to stay one step ahead of criminals. 

Learn how to master your cloud transformation journey with TCS and Microsoft Cloud.  

Cloud Computing, Digital Transformation, Financial Services Industry

By: Larry Lunetta, VP Portfolio Solutions Marketing at Aruba, a Hewlett Packard Enterprise company.

As customer-centric innovators, we’re constantly looking at how we can better help businesses reach their goals by leveraging technology. That’s why hearing from them first-hand is so valuable.

This year, we kicked off our quest for insights with a survey run by Sapio Research.

Targeting 200 international business decision makers from organizations of 500 employees or more, its purpose was to gauge the C-suite’s understanding of where and how a network can deliver against modern business needs.

And what a set of needs businesses are facing in 2023—from enabling more immersive omnichannel customer journeys to creating bespoke data-led experiences, innovating to secure new revenue streams, weaving sustainability into operations, and much, much more.

The survey findings are telling: one in four business leaders have only a functional or limited understanding of the enterprise network’s true potential.

And this snapshot aligns with a far bigger trend we’re noticing across industries—business leaders need expert partners (both from within their IT teams and from vendors like HPE Aruba Networking) to help them leverage their network to produce innovative business outcomes, aligned to their specific, strategic digital transformation goals.

While business leaders want to innovate, other key findings reaffirm that the value of the network to help them do so is not well-understood:

While 93% agree their business’ technology needs have increased post-pandemic, 73% are concerned about their organization’s ability to keep up with the latest requirements.71% acknowledge that technology and enhanced digitalization are crucial to employees doing their jobs, however only 61% see the link between staff productivity and network advancements.Half of respondents believe access to data is fundamental to unlocking new revenue streams in the year ahead, but 53% aren’t aware of how the network could help drive this innovation.

High levels of digital transformation and innovation will define business success in 2023, which 81% of surveyed business leaders recognize. But almost a third anticipate moderate transformation at best. As the network is the proverbial on-ramp to the digital transformation freeway that stretches from edge to cloud, we believe that a more innovative, agile, optimized offering on this front will make all the difference.

With our results showing that only a quarter of respondents are planning to put budget behind their network infrastructure this year, there is clearly more to be done in demonstrating the network’s value as a business-driving asset in its own right.

Part of this is lies in how IT leaders frame their networking discussions—talking in terms of business outcomes versus technical specs. But it might also require a different approach to networking entirely.

Agile Network-as-a-Service (NaaS) can offer business leaders the flexibility and resilience to battle through the prevailing headwinds faced across industries—from budget and resource constraints, to the need to match network capacity to the ever changing business needs. While these leaders can’t be expected to have all the answers around networking, working with their IT teams to understand how NaaS can help them meet their business goals is the right first step. With the correct NaaS strategy (from acquisition to deployment and management) that fits their unique requirements, businesses can then fast-track a successful digital transformation.

Want to learn more? Check out our infographic.

IT Leadership

By Brian McNeice, Vice President Federal Sales, Broadcom Software

Federal government agencies in the United States must navigate a number of considerations when evaluating solutions from cloud service providers. At Broadcom, we also understand the importance of choice and flexibility when making strategic cloud investments that won’t disrupt the mission-critical daily operations of these agencies. With a solid federal footprint, leading solutions, and customer-first reputation, Broadcom has a proven track record of supporting successful cloud transformation missions across critical defense operations and government service delivery.

Federal leaders — from members of Congress to executive agency chief information officers (CIOs) — are continuing to modernize their information technology (IT) infrastructures and recognizing there is no “one-size-fits-all” public cloud. As a result, the move toward multi-cloud architectures to serve agency missions is a central part of federal IT modernization, as the Pentagon’s recent $9 billion multi-cloud contract award to Microsoft, Google, Oracle, and Amazon clearly demonstrates.

As a long-term supplier to the U.S. government, including customers related to our national security, Broadcom is committed to serving the federal market. And, following the close of our pending acquisition of VMware, we will continue to support national IT modernization objectives while delivering even more flexibility, simplicity and choice to the growing number of federal agencies that are fully embracing multi-cloud architectures.

Simplifying challenges

Cloud computing is not without challenges. Cloud platforms have the incentive to lock customers into their own public cloud. Federal customers often receive large invoices from public cloud companies at the end of the year that contain overages and hidden charges, which inevitably forces difficult (and sometimes avoidable) discussions.

Multi-cloud, however, is not just mission-effective, but cost-effective as well, allowing federal agencies the freedom to shop around to determine the best and most transparent fit for their own environments. Critically, VMware’s leading platform allows enterprises that flexibility to modernize applications, manage software and services, and secure data, whether it be on-premises, public clouds, private clouds, or hybrid workspaces.

Following the transaction close, solutions from the combined Broadcom and VMware will enable customers to create the multi-cloud environment they want — across public clouds, data centers and the edge — all while increasing choice and reducing risks around lock-in, control over data, critical operations, and rising costs. We expect this stronger multi-cloud capability to enhance Broadcom solutions across our mission-critical software portfolio, which today already supports some of the most complex hybrid environments for a vast number of federal agencies.

The future of cloud

Even amid further modernization, it is clear many federal agencies intend to keep some form of on-premises computing. This means future IT and data management models will take a hybrid approach. Deloitte predicts that within five years more than 40% of organizations’ workloads will run in the public cloud, leaving the remainder either on premises, private cloud, or some hybrid computing environment.

Regardless of an agency’s desired approach, solutions fueled by the proposed Broadcom-VMware combination will allow customers to operate securely, efficiently and cost-effectively in any multi-cloud environment, including by creating private clouds and switching between public cloud vendors at will. This choice gives customers real options on the best ways to store, manage and secure their data, which means federal agencies won’t be penalized for deciding to use the public cloud or limited in the choices that are best for their organizations.

The multi-cloud ecosystem

President and CEO of Broadcom Hock Tan previously shared that the current and future priorities of Broadcom customers in the U.S., UK, Germany and France included a heavy focus on multi-cloud. He explained that Broadcom has long “recognized that the future of enterprise IT is multi-cloud — the ability to distribute applications and services across a combination of clouds. It’s one of the many reasons Broadcom solutions complement what VMware does in the multi-cloud space across private, public, edge and sovereign clouds today.” This feedback from customers around the world about what they’re focusing on also applies to the increased importance of the multi-cloud ecosystem for federal agencies here in the United States.

As an engineering-first company, Broadcom is committed to innovating leading-edge technology, ensuring successful deployments of our solutions, and delivering value for our customers to drive growth. Our business model is predicated on adding long-term value and improving our products over time. We realize the value of a multi-cloud strategy as part of the overall effort to modernize the federal IT infrastructure. A stronger VMware, backed by Broadcom, means that our customers in the federal space can deliver on this multi-cloud mission successfully while also enjoying the world-class security that will enable them to accelerate innovation for all their applications.

Learn how Broadcom plans to support important agency missions here.

Cautionary statement regarding forward-looking statements

This communication relates to a proposed business combination transaction between Broadcom Inc. (“Broadcom”) and VMware, Inc. (“VMware”).  This communication includes forward-looking statements within the meaning of Section 21E of the U.S. Securities Exchange Act of 1934, as amended, and Section 27A of the U.S. Securities Act of 1933, as amended. These forward-looking statements include but are not limited to statements that relate to the expected future business and financial performance, the anticipated benefits of the proposed transaction, the anticipated impact of the proposed transaction on the combined business, the expected amount and timing of the synergies from the proposed transaction, and the anticipated closing date of the proposed transaction.  These forward-looking statements are identified by words such as “will,” “expect,” “believe,” “anticipate,” “estimate,” “should,” “intend,” “plan,” “potential,” “predict,” “project,” “aim,” and similar words or phrases.  These forward-looking statements are based on current expectations and beliefs of Broadcom management and current market trends and conditions. 

These forward-looking statements involve risks and uncertainties that are outside Broadcom’s control and may cause actual results to differ materially from those contained in forward-looking statements, including but not limited to: the effect of the proposed transaction on our ability to maintain relationships with customers, suppliers and other business partners or operating results and business; the ability to implement plans, achieve forecasts and meet other expectations with respect to the business after the completion of the proposed transaction and realize expected synergies; business disruption following the proposed transaction; difficulties in retaining and hiring key personnel and employees due to the proposed transaction and business combination; the diversion of management time on transaction-related issues; the satisfaction of the conditions precedent to completion of the proposed transaction, including the ability to secure regulatory approvals on the terms expected, at all or in a timely manner; significant indebtedness, including indebtedness incurred in connection with the proposed transaction, and the need to generate sufficient cash flows to service and repay such debt; the disruption of current plans and operations; the outcome of legal proceedings related to the transaction; the ability to complete the proposed transaction on a timely basis or at all; the ability to successfully integrate VMware’s operations; cyber-attacks, information security and data privacy; global political and economic conditions, including cyclicality in the semiconductor industry and in Broadcom’s other target markets, rising interest rates, the impact of inflation and challenges in manufacturing and the global supply chain; the impact of public health crises, such as pandemics (including COVID-19) and epidemics and any related company or government policies and actions to protect the health and safety of individuals or government policies or actions to maintain the functioning of national or global economies and markets; and events and trends on a national, regional and global scale, including those of a political, economic, business, competitive and regulatory nature.

These risks, as well as other risks related to the proposed transaction, are included in the registration statement on Form S-4 and proxy statement/prospectus that has been filed with the Securities and Exchange Commission (“SEC”) in connection with the proposed transaction.  While the list of factors presented here is, and the list of factors presented in the registration statement on Form S-4 are, considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties.  For additional information about other factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to Broadcom’s and VMware’s respective periodic reports and other filings with the SEC, including the risk factors identified in Broadcom’s and VMware’s most recent Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K.  The forward-looking statements included in this communication are made only as of the date hereof.  Neither Broadcom nor VMware undertakes any obligation to update any forward-looking statements to reflect subsequent events or circumstances, except as required by law.

No offer or solicitation

This communication is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.  No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.  

Additional information about the transaction and where to find it

In connection with the proposed transaction, Broadcom has filed with the SEC a registration statement on Form S-4 that includes a proxy statement of VMware and that also constitutes a prospectus of Broadcom.  Each of Broadcom and VMware may also file other relevant documents with the SEC regarding the proposed transaction.  The registration statement was declared effective by the SEC on October 3, 2022 and the definitive proxy statement/prospectus has been mailed to VMware shareholders. This document is not a substitute for the proxy statement/prospectus or registration statement or any other document that Broadcom or VMware may file with the SEC.   INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION.  Investors and security holders may obtain free copies of the registration statement and proxy statement/prospectus and other documents containing important information about Broadcom, VMware and the proposed transaction once such documents are filed with the SEC through the website maintained by the SEC at http://www.sec.gov.  Copies of the documents filed with the SEC by Broadcom may be obtained free of charge on Broadcom’s website at https://investors.broadcom.com.  Copies of the documents filed with the SEC by VMware may be obtained free of charge on VMware’s website at ir.vmware.com.

ec.gov.  Copies of the documents filed with the SEC by Broadcom may be obtained free of charge on Broadcom’s website at https://investors.broadcom.com.  Copies of the documents filed with the SEC by VMware may be obtained free of charge on VMware’s website at ir.vmware.com.

About Brian McNeice, Vice President Federal Sales, Broadcom Software:

Broadcom Software

Brian has worked in the software and hardware industry across EMEA and North America for the last 20+ years. For the last 7 years he undertaken leadership rolls within the Federal team helping Broadcom’s customers deliver against their missions.

IT Leadership, Multi Cloud

With seven high-performance and high-security data centers located throughout the Netherlands and full array of cloud services and solutions, including Infrastructure-as-a-Service (IaaS) that enables customers to harness the strengths of the private, public and hybrid cloud with ease, Fundaments is trusted by enterprises in numerous industries. The company is equally well-known among independent software vendors for its cloud platform and mission-critical business and e-commerce applications.

Recently, Fundaments became the first provider of VMware Cloud Verified solutions and services to earn the VMware Sovereign Cloud distinction. Now the company has joined the elite rank of partners to join VMware’s Zero Carbon committed initiative. This effort is one that Fundaments’ Chief Technology Officer Larik-Jan Verschuren says is important to him personally.

“The changing climate is clearly visible in our day-to-day lives,” he says. “We must make a collective effort to get energy consumption down.” He stresses the need to view this effort not just as it relates to the impact of global warming on people and businesses today, but on future generations. For Verschuren, who has two young kids, that’s a significant motivator.

“I want them to have a promising future, to enjoy our beautiful world, and to enjoy the simple pleasure of skiing,” he says. “We must set the stage to lower emissions, set the right example and educate others. The more we do now, the more future generations can do to improve these kinds of initiatives.”

Verschuren is quick to note that being environmentally friendly and genuinely dedicated to efforts that minimize reliance on fossil fuels is also good business. Enterprises, he says, increasingly want to partner with organizations that make it easy for them to immediately decrease their carbon footprints.

It made good sense to partner with VMware in the effort to achieve net zero carbon emissions. Not only is the Fundaments IaaS based on VMware technologies, but the company’s wide array of cloud offerings such as Backup-as-a-Service, Disaster Recovery-as-a-Service, and Security-as-a-Service draw on many VMware innovations, for example Kubernetes clusters based on VMware Tanzu.

“Fundaments’ own Carbon footprint is in the datacenters, so we make sure that everything we do within them is done in the most efficient way,” explains Verschuren. “Joining the VMware Zero Carbon Committed Initiative provides a clear statement about our commitment to the environment in a concrete format.”

Not only has Fundaments committed to run all of its data centers off of renewable sources of energy for a net Zero Carbon footprint by 2030, but it also has a number of initiatives on tap for 2023.

These include steering all of its data centers to an even great PUE level, completing the energy use labeling of its services, mapping the power used per gigabyte of RAM and decreasing it, reducing the percentage use of spinning disks in the terabytes of storage it sells, using only the most efficient hardware and creating more cold and hot corridors in data centers to decrease heating and cooling requirements.

Fundaments employees are also committed to dramatically decreasing the use of paper in the company’s offices, encouraging the use of electric vehicles, implementing car-free working days, decreasing the use of shipping and freight services, and minimizing corporate travel.

Learn more about Fundaments and its partnership with VMware here.

Cloud Management, Green IT, IT Leadership

When the world’s largest healthcare company by revenue went looking for a technology solution that could improve quality of care while reducing costs, the search took ten years. What they found—an innovative way to model healthcare data—is saving the company an estimated $150M annually and enabling its medical professionals to provide accurate and effective care path recommendations in real time. It’s a remedy with important implications for the future of healthcare. 

This same solution, graph databases and graph analytics, proved crucial at the height of the Covid-19 pandemic. A testament to its potential, the market for graph technology is projected to reach $11.25B by 2030.[1]

Graph technology isn’t new. It’s what social networking applications use to store and process vast amounts of “connected” data. It turns out graphs can do much more than connect people to their high school friends. They are also perfect for storing and visualizing large healthcare data models so it can be quickly processed and analyzed. Graphs can make previously unavailable connections from disparate data spread across many different platforms. One example would be making connections between data collected from a patient’s various doctors and pharmacies. 

Why Graph Analytics is Important for Healthcare

Hospitals deal with stockpiles of data. Every touchpoint is stored in a hospital’s electronic health record including visits, prescriptions, operations, and immunizations. Too much data can be a challenge, making it difficult to access and analyze information when and where it’s needed.

Hence the business case for graph databases. Data that’s represented in the form of a graph rather than a table enables quick analysis and faster time to insights. For healthcare professionals, sophisticated graph algorithms can return specific results, and graph visualization tools allow analysts to make useful connections and identify patterns that help solve problems.

Graph analytics is an ideal technology to help to tackle the challenges caused by large, disparate, datasets since it becomes more impactful as the volume, velocity and variety of data expands.[2] Storing and accessing this data alone is not enough. As a tool set, graph analytics prioritizes the relationships between the data—an arena where relational databases fall short.

Data scientists and leaders in the healthcare industry can use the most advanced graph analytics, known as native parallel graphs, to link datasets across multiple domains. This would allow the system to find frequent patterns and suggest the next best action. Ultimately, medical professionals would be able to rely on the most accurate data to provide patients with beneficial, real-time recommendations. 

“In the past, when somebody called into our call center, we would have had to log into 15 different systems to get a view of this member’s activity. Now users log into just one screen and have a beautiful timeline view of every touchpoint we’ve had with members,” said a distinguished engineer from a major healthcare company that recently deployed graph technology.

The Impact of Graph Technology on Covid-19

A graph-based approach to community tracing and risk detection was essential in 2020 as government officials and healthcare professionals worked overtime to understand and prevent the spread of Covid-19. For government agencies, graph technology led to agile and evidence-based emergency management and improved public health emergency response. 

Because graph analytics can sift through thousands of data sources and find relationships, even with complex and varying inputs, it was an excellent way to answer complicated questions related to the spread of disease. These capabilities helped with contact tracing used to identify, locate, and notify people who had been exposed to the virus. 

The technology also recognized relationships between data points—for example, common symptoms of people more likely to have a serious case of Covid based on pre-existing conditions. Armed with this insight, healthcare providers could warn patients when they were at higher risk. 

Future Implications for Healthcare and Beyond

As the healthcare industry moves beyond the pandemic, it emerges more prepared to respond to a wide variety of situations—from widespread health crises and everyday patient care. Healthcare companies already applying graph databases and graph analytics are experiencing the benefits. The technology supports their work to help members embrace healthier lifestyles, avoid costly pharmaceuticals, recover faster from medical procedures and more. Essentially, healthcare companies using graph technology are better equipped to provide quality care while controlling costs.

For data-centric companies looking to implement these solutions, a graph database running on Dell PowerEdge servers is the optimal offering in terms of performance, efficiency, and scale. To learn more about the business benefits of connected data, read this brief and visit Dell.com/Analytics to learn about solutions for analytics.

[1] https://www.prnewswire.com/news-releases/graph-database-market-size-to-reach-usd-11-25-billion-in-2030–increasing-demand-for-flexible-online-schema-environments-is-a-key-factor-driving-industry-demand-says-emergen-research-301478726.html

[2] https://www.youtube.com/watch?v=A3Ppx01Bon4

IT Leadership

3M Health Information Systems (3M HIS), one of the world’s largest providers of software solutions for the healthcare industry, exemplifies 3M Co.’s legendary culture of innovation. By combining the power of a cloud-based data ecosystem with artificial intelligence (AI) and machine learning (ML), 3M HIS is transforming physician workflows and laborious “back office” processes to help healthcare organizations streamline clinical documentation and billing, enhance security and compliance, and redesign the physician-patient experience.

The cloud served as the foundation for this transformation. Migrating its 3MTM 360 EncompassTM System clients to Amazon Web Services (AWS) is helping 3M HIS improve the capture, management, and analysis of patient information across the continuum of care. 3M 360 Encompass is a collection of applications that work together to help hospitals streamline processes, receive accurate reimbursement, promote compliance, and make data-informed decisions. The cloud-based version of the platform has helped 3M HIS and its clients address three primary challenges: a disjointed patient care journey; the byzantine processes that often inhibit timely and accurate billing, reimbursement, and other record-keeping; and the ongoing need to protect and properly use patient data.

Improving the patient care journey with data and the cloud

The broader objective of 3M HIS’s evolving cloud transformation strategy is to help caregivers improve patient outcomes and staff efficiencies by removing barriers to care and providing access to contextually relevant insights at the time of care, according to Detlef Koll, Vice President of Product Development with 3M HIS. Caregivers now work with consistent, reliable tools within 3M 360 Encompass that improve communication and reduce the types of errors and delays that cause patient anxiety and revenue cycle inefficiencies.

The journey a patient takes through the healthcare system can span years and touch multiple providers, from primary care to specialists, test labs, medical imaging, and pharmacies. During each step, multiple types of data are captured in the patient’s medical record, which serves as an ongoing “narrative” of the patient’s clinical condition and the care delivered. Physician notes from visits and procedures, test results, and prescriptions are captured and added to the patient’s chart and reviewed by medical coding specialists, who work with tens of thousands of codes used by insurance companies to authorize billing and reimbursement.

A complete, compliant, structured, and timely clinical note created in the electronic health record (EHR) empowers many downstream users and is essential for delivering collaborative care and driving appropriate reimbursement. Supporting physicians with cloud-based, speech-enabled documentation workflows, 3M HIS further creates time to care by delivering proactive, patient-specific, and in-workflow clinical insights as the note is being created.

The goal of this automated computer-assisted physician documentation (CAPD) technology is to reduce the cognitive overload on physicians regarding coding requirements while closing gaps in patient care and clinical documentation. Without CAPD closing that loop in real time, errors or ambiguities in the clinical note lead to what Koll describes as an “asynchronous” process, requiring physicians to review and correct the note on a patient seen days earlier, thus taking the physician’s time away from patient care and causing delays in the revenue cycle.

To address the issue, 3M HIS needed a way to semantically integrate information from multiple data sources based on the needs of various use cases, so it deployed AWS data management tools and services, including Amazon RDS, Amazon Redshift, and Amazon Athena, for what Koll calls “opportunistic aggregation of information.” For example, for billing coding, the platform extracts only the relevant billable elements such as an office visit for which a claim will be submitted. This type of flexible, cloud-based data management allows 3M HIS to aggregate different data sets for different purposes, ensuring both data integrity and faster processing. “This is a dynamic view on data that evolves over time,” said Koll.

Improving workflows through intelligent, automated processes

The process for gathering data about a patient’s care, then extracting the billable elements to submit to an insurance company for reimbursement, has long been handled by professional coders who can accurately tag each medical procedure with the correct code out of tens of thousands of possibilities. Errors in that process can lead to rejected claims and additional time required by caregivers to correct any gaps or inconsistencies in clinical documentation, which in turn delays cash flows across the complex network of physicians, hospitals, labs, pharmacies, suppliers, and insurers. 

3M HIS’s cloud transformation strategy addressed this challenge by giving clients access to a new suite of data management and AI/ML tools that deliver levels of processing power, functionality, and scale unthinkable in the former on-premises model.  

“If you had to build some of the capabilities yourself, you would probably never get there,”
said Michael Dolezal, Vice President of 3M  Digital Science Community.  With AWS tools such as Amazon QuickSight and Amazon SageMaker, 3M HIS’s clients can “get there” today: “Now our clients not only have a cloud-based instance for their data, but they gain access to tools they never had before and get the ability to do things they otherwise wouldn’t,” Dolezal said. By bringing 3M 360 Encompass to the AWS Cloud, 3M HIS has been able to scale natural language processing and automation capabilities and leverage tools such as Amazon Textract to improve data input and processing to more efficiently organize a patient’s chart.

Automatic speech recognition to capture the clinical narrative at the point of care, along with AWS AI/ML services, helps 3M HIS aggregate, structure, and contextualize data to enable the development of task-specific workflow applications. For instance, to mitigate the administrative burden on physicians, real-time dictation and transcription workflows can be enhanced with automated, closed-loop CAPD, whereby a physician dictating an admit note can be “nudged” that a certain condition is not fully specified in the note and can fix the gap in real time.

Taking frontline physician-assistive solutions to the next level, embedded virtual assistant technology can automate everyday tasks like placing orders for medications and tests. Innovating incrementally toward smarter and more automated workstreams, the 3M HIS ambient clinical documentation solution makes documentation in the EHR a byproduct of the natural patient-physician conversation and not a separate, onerous task for the doctor. This frees the physician to focus completely on the patient during the visit, thereby transforming the experience of healthcare for all stakeholders.

“We want to reduce the inefficient steps in the old model by unifying and information-enabling workflows so that documentation of the procedure and the coding of that procedure are no longer separate work steps,” said Koll. “It has the potential to save hours of time per day for a doctor.”  

Enhancing the security of patient data

The security and governance of patient data is non-negotiable in healthcare, an industry subject to the most stringent data privacy regulations. Administrators are obligated to make sure patient data is consistently used only for its intended purpose, is processed only by the application it was collected for, and stored and retained according to the specific national regulations involved. The cloud gives 3M HIS more confidence that the data passing through its platform remains secure throughout its journey.

“Using a cloud-based solution means you can apply the same security practices and protocol monitoring across all of your data in a very consistent way,” said Dolezal. The platform ensures a shared responsibility for security across 3M HIS, its clients, and AWS.  

Securing patient data in an on-premises health information system puts the onus to protect that information on the client’s infosec team, with risks compounded by each client’s unique IT infrastructure and internal data access policies. Security by design is one of the underlying operating principles for AWS. With a single set of code to monitor, maintain, and patch, 3M HIS is able to keep its platform current, quickly respond to new threats, and vigorously protect patient data centrally, with more certainty that its clients are protected as well.

4 best practices for data-driven transformation

Dolezal and Koll advise anyone considering moving large sets of data to the cloud to follow some fundamental precepts in designing a new solution:

Start with the client and work backward to a solution:  Be clear on the problem you want to solve and the outcomes you want to deliver to the caregiver and patient and work backward from there to identify the right technology tools and services to help achieve those goals.Don’t over-engineer the solution: Many IT organizations are moving away from traditional point solutions for collecting, storing, and analyzing patient information. To reduce complexity, enhance security, and improve flexibility, consider an end-to-end solution that is easier to deploy and update than traditional on-premises solutions, and lets organizations add new functionality incrementally.Bake in security from the start: In highly regulated industries, such as healthcare and financial services, security regulations demand high levels of security and personal privacy protection. These capabilities must be built in as foundational components of any system used to collect, manage, and analyze that data.Don’t constrain native data: Create a data management strategy that accommodates all types of data and isn’t confined to a specific set of use cases today. With both structured and unstructured data flowing into the system, the future ability to analyze the past means having data schema that doesn’t need to be re-architected.

In an intense environment with a relentless focus on cost reduction and improved clinical outcomes in conjunction with greater patient and physician well-being, 3M HIS helps clients efficiently capture and access patient data, gain meaningful insights from all the data, and drive high-value action to meet complex goals.

Learn more about ways to put your data to work on the most scalable, trusted, and secure cloud.

Cloud Computing, Healthcare Industry

Founded in 2011, Lintasarta Cloudeka is a division of Lintasarta, Indonesia’s leading provider of information and communications technology. Offering everything from fiber optics to data centers and satellite networks, Lintasarta has a presence throughout Indonesia, with 54 facilities spread throughout the nation and more than 2,400 enterprise customers. These include leading businesses in a wide range of industries, including agriculture, banking, government, health care, higher education, manufacturing, retail, telecommunications, and technology.

We recently caught up with Ginandjar, Marketing & Solution Director at Lintasarta, to learn what he’s seeing in Indonesia’s rapidly growing market for cloud services and solutions, what’s accelerating cloud adoption in the country, what he sees as the next driver of growth, and what it means for the company to achieve the VMware Cloud Verified distinction.

“Throughout the country Lintasarta Cloudeka is known as the cloud provider from and for Indonesia,” says Ginandjar. “We have a really strong understanding of the needs of the industries we serve and provide end-to-end cloud services to a diverse customer base that includes large global enterprises and small- and medium-sized companies. We really pride ourselves on helping businesses realize the full potential of the cloud, and in the process enhance and grow their businesses.”

Lintasarta Cloudeka’s wide array of cloud solutions and services includes robust public, private, and multi-cloud offerings and an extensive portfolio of managed services, from full Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) to Backup and Disaster Recovery-as-a-Service, cloud object storage, and everything in between.

Notably, the company’s Deka Prime public cloud solution and Deka Premium private cloud solution are both based on VMware technologies, as is the company’s IaaS, PaaS, and other offerings. Ginandjar notes that customers manage them, as well as on-premises VMware-based infrastructure, with ease from a single dashboard using VMware vCloud Director.

“Most of our customers require a flexible infrastructure that doesn’t require them to manage it on their own, but enables them to effortlessly spin up or spin down infrastructure capacity and computing power as needed,” adds Ginandjar. “With Lintasarta Cloudeka they only pay for what they need and use, which is a one of the reasons many enterprises initially turn to us. With other providers, they often receive surprising bills or are forced to pay for services they don’t use.”

He also stresses that reliability and performance are key concerns for most organizations. It’s a reality he says leads many to Lintasarta Cloudeka.

“Because we are directly supported by Lintasarta’s high-speed, high-performance networks that are renowned for their unflinching reliability, and we utilize VMware technologies that are proven and trusted by enterprises in every industry and our relied by most organizations in their on-site data centers, prospective customers know they are getting a solution that will free them to focus more on their applications and their business rather than their new software-defined infrastructure.”

The resulting peace-of-mind is something he believes will be even stronger because Lintasarta Cloudeka now holds the VMware Cloud Verified distinction.

“Achieving the VMware Cloud Verified distinction is not an easy task for any cloud solutions or services provider, says Ginandjar. “For customers, VMware Cloud Verified is more than a distinction – it’s how they seek a trusted cloud service provider. They can be certain that all technology was implemented using best practices by individuals that really understand the solutions being deployed.”

While Ginandjar still feels that some misconceptions about the cloud remain among many companies in Indonesia – including that the primary use cases for the cloud, albeit valuable ones, are storage and backup – he feels that that is changing.

 “We’re seeing a dramatic increase in microservices and autoscaling here in Indonesia,” he says. “And with VMware, we’re ideally positioned to speed up the development process involved. Now our customers can react faster and offer new services faster without ever worrying if they have the infrastructure needed to make them possible.”

Learn more about Lintasarta Cloudeka and its partnership with VMware here.

Cloud Computing, IT Leadership, Managed Cloud Services

The shift to a digital business environment in financial services began well before the pandemic pushed it and other sectors to more rapidly embrace digital transformation. As customers have become increasingly digitally savvy, they demand that financial services firms be more responsive to their needs. Those organizations that don’t make that change risk losing their customers to those that adopted an agile, customer-centric approach to business.

The financial services sector is also subject to more rigorous regulatory requirements than some other industries. Protection of PII data is critical, as financial services firms are extremely popular targets for hackers. Even in the best of times, financial organizations were under constant threat of a cyberattack. During the pandemic, that threat multiplied exponentially.

Three-quarters (74%) of banks experienced a rise in cyber crime since the pandemic began in 2019. However, for many financial services organizations, security and agility traditionally haven’t been mutually achievable—oftentimes, one was sacrificed for the other. That won’t work in today’s digital environment, where customer experience is the top priority.

Customers today want a user experience that is seamless across devices and environments. These days, it’s not unusual for a customer to access a bank’s mobile app to check their account balance, deposit a check or chat with a representative. Customers want to be able to transfer money to anyone, anywhere; get an answer instantly regarding their loan application; and have access to their deposits right away, with no hold on their funds. They want to initiate a transaction online and have the option to finish it in the branch via a rep (either in-person or via video) who can also let the customer know about service offerings that may be beneficial to them. And they want all these things with minimal friction or delay.

Enabling these customer-centric services requires a level of agility not seen traditionally in financial services organizations. Organizations must also ensure their data is protected and compliant. SD-WAN can help financial services organizations achieve network agility and security. Its benefits are myriad and far-reaching, able to accommodate the services that enable financial services organizations to provide customers with the highest-quality experience from anywhere, on any device. Its design provides for fast, efficient movement of data on the network while ensuring security and data integrity.

An SD-WAN overlays traditional or hybrid WAN infrastructures and locates the software or hardware nodes at each location and in the cloud. Then, based on policies defined by the operator, SD-WAN steers the traffic along the best path to ensure data moves along the fastest route.

The application-aware nature of SD-WAN enables IT administrators to determine the most intelligent path for their applications and push, manage and update policies for optimal application and network performance across locations. And because a SD-WAN is centrally managed, all provisioning and changes to the network and applications are done from one location—reducing the time and resources necessary to manage the network. Additionally, all security policies can be managed centrally, enabling IT administrators to implement security updates to all devices and users on the entire network quickly and easily, to help enable compliance.

With a software-defined infrastructure, it is also easier to collect network usage information, which could help organizations better detect anomalous behavior that could point to a security breach or attack. When combined with managed security services and solutions such as next-generation firewalls and secure web gateways, SD-WAN can provide financial services organizations with an infrastructure that offers security as well as the performance necessary for providing high-quality customer experiences.

Comcast Business offers a unique set of secure network solutions to help power financial services organizations. Its portfolio of security offerings includes DDoS mitigation, managed firewall and unified threat management, all designed to complement its SD-WAN technology.

Be ready for tomorrow’s security threats with the next generation of secure networking from Comcast Business. Learn more about Comcast Business Secure Network Solutions.

SD-WAN