Headquarter In: Chennai
Founded in Year: 2020
Employees Headcount: 15
Your Tagline/Quote: “Design is all-pervasive”
As much as 30% of the costs in healthcare are closely associated with all the administrative tasks that go within. With the help of technologies like Ai and Machine Learning, the healthcare ecosystem has allowed in a multitude of benefits that have helped it to advance in the growing world. Some of the benefits incorporated by AI in healthcare system are the automation of tasks, analyzing some big patients data which has helped to deliver better healthcare, and reduced costs.
Mellon AI is one such company that is contributing to the changing ecosystem in healthcare with their cutting edge technologies.
“Together, we accelerate their innovation.”
The story of Mellon AI is the story of a group with highly talented people that has grown steadily since late 2014, as CAAS Research Foundation. After the completion of few stages in research area , the Team decided to stretch their arm to Development & Application of Ai for the betterment of Governance and common man,
The Visionary Dr. Masood Ikram founded the Development Company. After setting up of the Development arm Dr. Masood set out to realize his own vision; to implement Artificial Intelligence successfully with strong Mind, multidisciplinary approach. With this in mind, Dr. Masood , together with Dr. Raja, Mr. Senthil, Mr. Arjun, Dr. Wasim and The Technical Visionary Mr. Sajjad Headed 50 + Strong technical experts fulfilling dream of Dr. Masood in Application of Ai and related Technology .Dr. Masood also gathered the very best data scientists, AI engineers and software developers in the business.
“Our reputation and exciting projects have helped us to attract even more top talent from around the world.”
Mellon AI is a Machine2Learn, or M2L as their name is abbreviated. They are experts in AI or Artificial Intelligence, and Machine Learning. The team is based in Amsterdam, The Netherlands. M2Ls scientific department is headed by Professor Tom Heskes and Professor Marcel van Gerven, two of the world’s leading AI experts.
“We combine the latest academic research, an exceptional understanding of AI, and our own software development.”
In this way, they provide end-to-end AI solutions for innovative organizations. They serve clients in industry, the medical sector and services. In other words, the company helps them to create a significant competitive advantage using AI and Machine Learning.
The Products and Services-
“Our unique AI models/tools provide a comprehensive solution for the increasing challenges in the healthcare industry.”
With non-contacts attendance preference in demand, considering the potential virus spread, which is more intense in all public places. Mellon AI has developed a product called ‘CapEmo’ (Capture-Emotion), which incorporates cameras deployed at the entrance & exit. If an employee, known or unknown person walks through the system, it not only automatically detects the face to record attendance, but also captures emotions on their face.
This system can also be deployed in corporates to track attendance or in retail stores to know/ detect the customer behavior just like our e-commerce, or in Customer relations to ensure the satisfactory assistance & experience. Furthermore, CapEmo also helps organizations to spot offenders and blacklist them permanently, making sure that a change in security personnel doesn’t affect the blacklist – everything with the convenience of a dashboard. Putting it in a nutshell, whatever happens on the floor is converted into data and actionable insights.
This tool will help in efficient administration of Hospital, which in turn brings down the operational cost and improves patient satisfaction. According to recent surveys, 30% of healthcare costs are associated with administrative tasks. AI can automate some of these tasks, like pre-estimation of bill, following-up on unpaid bills, and maintaining records, to ease the workload of healthcare professionals and ultimately save them money.
AI is never a substitute/replacement for clinicians. Taking over the mundane task by Ai, Clinicians can dedicate quality time for better patient outcome. With the use of Ai, Sure diet will automate customized diet plan that maps and forecast the progress while making intelligent diet adjustments based on data gathered.AI enabled diet planning for hospitals lacking dietitians.
Apart from their diverse services in the healthcare sector, Mellon AI is also expanding their services to other sectors such as retail, manufacturing and the service industry.
Dr. Masood Ikram- Leading the Way-
Dr. Masood Ikram , graduated from Rajiv Gandhi University of Health Sciences and is also an MBA graduate with 12 years of experiences in healthcare. He brings in the requisite domain knowledge to meticulously understand the problems faced by the modern healthcare industry. As a clinician, he figures out the pain points of any practicing doctor and in turn can offer a wide range of solutions.
On the other hand, he developed a keen interest in entrepreneurship. He has successfully Co-founded TechMed Healthcare which has been a pioneering organization in the field of Hospital Laboratory Management [HLM], the country’s first of its kind. With full operations starting in full-swing from the beginning of 2009, and from a single entity then, it has now grown to serve more than 80 healthcare institutions in 15 cities, spread across 3 States of the country – Tamil Nadu, Karnataka, and Odisha.
Throughout with the experience as a healthcare administrator, he understands hassles faced by the patients, right from outpatient. Most people start investing only when they are in their 40’s, especially doctors. But Dr. Masood didn’t have to wait for so long as he had found his calling. So he bid farewell to medicine! But he still says that
“I’ve not left medicine, it is my first love, I just don’t practice it.”
Dr. Masood Being strong believer of building Values is back in his entrepreneur shoes with Mellon AI. Having the combination of both domain and technology knowledge makes his profile distinct from the rest. It’s an exceptional advantage to have.
“Mellon AI endeavors to break the iron triangle of healthcare with cutting edge technology like Artificial Intelligence, Machine learning, IOT & Block chain technology.”