June 18, 2024
Our Investment in Newton’s Tree
In the ever-evolving landscape of healthcare, the integration of artificial intelligence has emerged as a beacon of hope, promising to revolutionize patient care and operational efficiency. However, amidst this promise lies a significant challenge: the bottleneck in AI deployment within hospital settings. This bottleneck, caused by the complexity of AI tools and the lack of infrastructure and support, has hindered the widespread adoption of AI in healthcare.
That’s why we’re thrilled to announce our investment in Newton’s Tree, a pioneering company dedicated to overcoming the barriers to AI adoption in hospitals. Newton’s Tree has developed an innovative AI platform specifically designed to assist healthcare providers in safely and cost-effectively introducing AI tools into their workflows.
AI Deployment Bottleneck
The current landscape of AI implementation in hospitals is hindered by fragmentation and resource constraints. Despite the plethora of AI applications available, many hospitals struggle to implement more than one due to the need for separate infrastructure and support for each tool. This creates a bottleneck, limiting the potential impact of AI on patient care and operational efficiency.
Newton’s Tree recognizes this challenge and has taken proactive steps to address it. By establishing an AI interoperability layer - a digital marketplace - Newton’s Tree bridges the gap between healthcare providers and AI suppliers. This marketplace streamlines the process of discovering, implementing, and integrating AI solutions into hospital systems, thereby breaking down the barriers to adoption.
Hospitals’ AI Bridge
One of the key features of Newton’s Tree’s vendor-neutral platform is its ability to help hospitals navigate the vast landscape of AI tools. With the platform’s assistance, providers can identify the AI solutions that best suit their needs and undergo quality checks to ensure safety and effectiveness. This not only empowers hospitals to make informed decisions but also facilitates the seamless integration of AI into their existing workflows. Moreover, this platform serves as a catalyst for the investigational utilization of AI applications. It enables hospitals and suppliers to amass crucial evidence regarding the efficacy of their products, significantly lowering the barriers to widespread AI adoption.
Expertise and Vision
At the helm of Newton’s Tree is Haris Shuaib, a clinical scientist and distinguished AI expert with a wealth of experience in the medical sector. Haris’s track record of successfully executing over 50 medical AI projects, coupled with his extensive network within the UK healthcare system, positions him as the ideal leader to drive Newton’s Tree forward. His leadership in developing international medical AI deployment standards (monai.io) further solidifies his expertise and commitment to advancing healthcare technology on a global scale.
Investment Thesis
Newton's Tree represents an exciting investment opportunity that comes at the right time and offers the right expertise, with the aim of empowering hospitals to optimize their processes using the most suitable medical AI solutions. In the ever-expanding medical AI landscape with thousands of single solutions, the creation of an aggregator platform for medical AI solutions remains the ultimate goal, primarily due to the inherent complexities of this sector.
Investing in Newton’s Tree is about supporting a vision for a future where hospitals are equipped with the tools they need to deliver the highest standard of care to every patient, every time. With Newton’s Tree leading the way, that vision becomes reality. As Calm/Storm, we are excited to be part of this journey and look forward to the positive impact Newton’s Tree will undoubtedly have on the future of healthcare.
Newton's Tree
Turning hospitals into AI hospitals
Haris Shuaib
Founder & CEO Newtons Tree
Johann Schneider-Reuter
Former Visiting Analyst