Intel Capital Increasing Investments in Health IT – Senior Care, Cloud Computing and A Bit More
Posted May 03 2010 2:23pm
The 2 areas here that affect healthcare are of course the senior information mining an aggregation data services and Cloud Computing, which of course is every industry outside of healthcare too. Intel is putting the money out to help generate jobs and stimulate economic growth and hopefully at the same time education slips in there too, well if it doesn’t then the other factors can’t grow:) I make mention here as the CFO of Intel recently stated we are not taking high tech job creation serious enough.
I can relate to that a little bit as sometimes it’s like pulling teeth to get individuals just to try some really neat new technology, even that which has a very small learning cure, but if it’s a game or entertainment, they are beating down the doors to get to it, maybe a paradigm that could use a little balance? All the virtualization we enjoy today could not take place without the software loaded on the chip. I was doing some training for Intel when virtualization first came around and everyone wondered if it would take off, well enough said there as we know the answer today. BD
The investment arm of chip maker Intel is investing $15 million in three companies whose technologies touch the health care, real estate and cloud computing sectors.
Intel is investing $15 million in three technology companies whose businesses touch on health care, real estate and infrastructure services.
Intel Capital, the investment arm of the giant chip maker, announced May 3 that it is investing in Caring.com, SmartZip Analytics and Virtustream.
Caring.com is designed to help users navigate the issues surrounding care for elders. The site, based in San Mateo, Calif., offers everything from original articles and tools to advice from experts, a host of caregivers and a directory of eldercare services.
SmartZip Analytics , based in Pleasanton, Calif., uses proprietary analytics to give investment advice and ratings for residential properties across the United States. Users can take the information to determine which properties to buy, according to Intel.
Virtustream’s services are designed to help customers take advantage of cloud computing. The Washington D.C.-based company offers strategy, integration and managed services that use virtualization technologies and xStream, Virtustream’s cloud computing platform.
The money is part of Intel’s $200 million Intel Capital Invest in America Technology Fund, which was announced in February as a way of U.S.-based industries that the chip maker says will enable greater economic growth and recovery from the global recession.