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Innovator Founder and Editor-in-Chief Jennifer L. Schenker
 
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 -   N E W S   I N   C O N T E X T  -

Ransomware and other types of cyber attacks pose urgent national and international security issues and huge problems for large corporates.  During a DLD Sync virtual conference Siemens Chief Cyber Security & Chief Security Officer Natalia Oropeza and Atos VP for Digital Security Zeina Zakhour talked with The Innovator's Editor-in-Chief about why combating attackers will require innovation and creativity and hiring a more diverse group of cyber security experts. Read on to learn more about this story and this week's most important technology news impacting business.
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A new company formed by four pharmaceutical companies, a German biomedical research institute, a venture capital firm, and Amazon Web Services is creating a radically different model for drug discovery that could become a blueprint for how companies collaborate, scale AI and work with startups in future.
 
AION Labs is a first-of-its-kind innovation lab spearheading the adoption of AI technologies and computational science to solve therapeutic challenges. It was created with the support of the Israeli government and will combine the pharmaceutical expertise of AstraZeneca, Merck, Pfizer, and Teva Pharmaceutical, with the R&D engine of Germany’s BioMed X, the technology knowhow of AWS and the investment experience of the Israel Biotech Fund.
 
Instead of the standard industry practice of waiting for startup to prove a concept, then partnering for late-stage development and distribution, the owners of AION Labs will crowdsource the brightest scientists and technologists globally. The recruited multidisciplinary teams will create startups from scratch. The startups will focus on applying artificial intelligence and computational biology to specific challenges defined by industry in drug discovery and development.
 
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 -   I N T E R V I E W  O F  T H E  W E E K  -

Omar Hatamleh, NASA
Who: Omar Hatamleh is a global innovation and transformation expert and the co-author of Between Brains, a book that explores the impact of artificial intelligence and technology on the future of jobs, society, technologies and economies.  He is currently the head of technology integration for in situ resource utilization at NASA, the U.S. space agency.

Topic: His book, moonshots, and what innovators can learn from the notion of exaptation, the process by which features or objects acquire functions for which they were not originally adapted, selected or created.
 
Quote: "Moonshots have revolutionary impact because you are trying to do something that has not been done before or to do something that is 10x or 100x better than what currently exists. It means going to the drawing board and starting from scratch. You need to have the culture, the tenacity, the budget, the environment, and luck as well. It is a combination of these things.  When the stars align, that is when you start getting results."

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 -  S T A R T U P  O F  T H E  W E E K  -

Metrolink.ai has designed a DataOps platform to help enterprises and small businesses quickly build and deploy complex data flow infrastructures. The company claims it can reduce the time needed to start generating actionable business insights from data from weeks to hours. It raised a $22 million in funding on October 19 and is currently testing its platform with companies in the financial services, energy, beauty, and agricultural sectors.
 
Instead of hiring service providers to fish for information in their data, the Israeli startup says it wants to make it easy for companies to do the fishing themselves. “Everybody should be able to generate the value from their data easily, quickly and in a way that is affordable,” says CEO Asaf Cohen.
 
 
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 -  N U M B E R  O F  T H E  W E E K 

3.6%

Amount Information technology budgets are forecast to grow in 2022, according to research released Oct. 17 by Gartner. The technology research and advisory firm based its finding on a global survey of almost 2,400 CIO and technology executives across industries. Gartner said the spending increase is linked to efforts by companies to be more modular, meaning they are able to bring together different organizational resources to tackle new business opportunities and challenges. It is worth noting that CIOs and technology executives at businesses that consider themselves to be highly modular and adaptable expect next year’s revenue to increase, on average, 7.7%, while organizations that don’t consider themselves as highly adaptable expect an increase of 3.4%, according to Gartner.

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Building An Organizational Approach To Responsible AI
MIT Sloan Management Review

Five Questions To Build Your Company's Capacity For Innovation
Harvard Business Review

The Next Decade Will Be Defined By Climate Change And Cyber Risk
World Economic Forum
 

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