What Is Altada?
Altada is an Irish AI healthtech startup company that provides fintech and healthtech scalable solutions to companies with large, unstructured data sets. The business was founded in 2017 by entrepreneurs Allan Beechinor and Niamh Parker, both adding up to more than 20 years of experience in AI technology for the business. The fintech and healthtech startup company created an AI platform that allows clients to view their complete data supply chains by using indexing, data remediation, and inference. This technology provides clients with the resources to make better decisions and improve their overall customer experience.
Since the technology startup company is privately held, there is no available information regarding net worth. However, the business has raised €1.3 million ($1.6 million). In addition, the AI fintech and healthtech business is part of a massive industry that is expected to grow to $126 billion by 2025.
As the startup company is preparing to release the new AerynAI technology, the business also appointed a new chief medical officer, Dr. Eugene O’Connor. Dr. O’Connor has a wide breadth of knowledge and was a leading Irish officer in West Africa during the Ebola epidemic. He has since been a consultant for the Irish government regarding the current COVID-19 pandemic.
The Company Introduces AerynAI Biotech Solution
With the fintech and healthtech startup company announcing plans for their new biotech AI technology, Aerynite, high traffic industries, such as sports, entertainment, and travel, will be able to detect risks now associated with the COVID-19 pandemic.
In addition, the new AI technology from the startup will permit object detection to make sure face masks are worn properly, analyze temperatures to distinguish possible COVID-19 cases, and use CCTV cameras to enforce social distancing guidelines. The healthtech startup company says the biotech technology will only visibly show people when they are determined as a person of interest via a triggered alert.
Allan Beechinoor, CEO and co-founder of the fintech and healthtech business, said, “We are ready and eager to tackle the public safety issues we have seen in various industries since the onset of COVID-19 and have decided to intervene by launching AerynAI. Our solution Aerynite will revolutionize the travel and entertainment industries by allowing indoor public spaces to once again open their doors.”
About the Author
McKenzie Carpenter is a graduate of Central Michigan University with a B.A.A. in Integrative Public Relations and French. McKenzie has previously worked for small businesses and nonprofit organizations.