Flywheel announces data exchange platform

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Flywheel, a Minneapolis-based data management company, announced a new data sharing and analytics platform called the Flywheel Exchange. Users (referred to as researchers, scientists, clinicians, and business organizations on the platform’s website) will be able to browse and share data and algorithms to “help advance healthcare innovation, test algorithms on real-world data without the data ever having to move, avoiding data privacy and security concerns ”, and more.

“Researchers need a variety of real-world data to develop algorithms and advance their work, but finding and accessing large volumes of data has always been a challenge,” said Jim Olson, CEO of Flywheel, in a statement. . “Flywheel Exchange is designed to solve this problem by connecting a global network of potential collaborators and their rich and diverse data. “

Flywheel Exchange’s accessible database includes opt-in researcher datasets, public source data, and private data available for purchase. Flywheel lists three ways the system can be operated:

  • Federated analytics and federated learning
  • Data exchange
  • Material exchange

“Flywheel Exchange will connect researchers, scientists, clinicians and business organizations to facilitate collaborations,” said Daniel Marcus, PhD, scientific director of Flywheel, in the release. “We are excited about the potential of this platform to drive research and accelerate breakthroughs. “

In September, Flywheel announced a $ 22 million Series C funding round.

To learn more about Flywheel Exchange, read the press release below.

MINNEAPOLIS, Nov. 29, 2021 / PRNewswire / – Flywheel, the leading data management platform for biomedical research and collaboration, announces a new federated data sharing and analysis platform: Flywheel Exchange. The new tool will allow users to browse and share data and algorithms, accelerating healthcare innovation by connecting researchers around the world. Flywheel will demonstrate the technology at booth # 4938 at the RSNA Annual Meeting in Chicago from November 28 to December 1.

“Researchers need a variety of real-world data to develop algorithms and advance their work, but finding and accessing large volumes of data has always been a challenge,” said Jim Olson, CEO of Flywheel. “Flywheel Exchange is designed to solve this problem by connecting a global network of potential collaborators and their rich and diverse data. “

Flywheel Exchange’s Data Discovery component is a catalog of data from registered researchers, publicly available datasets, and private data available for purchase. Users can easily publish their own data summaries or complete data sets for sharing or licensing. The platform also enables algorithm sharing, through which users can browse and run gears, plug-in algorithms that provide automated workflows for data retention, preparation, and processing.

With the federated project capabilities of Flywheel Exchange, users can send algorithms to “visit” datasets for testing and training, leveraging external data in a secure and compliant manner that reduces cost and performance. complexity. The platform can also integrate with NVIDIA FLARE, Rhino Health and other technology partners, allowing users to choose their preferred federated learning solution.

“Flywheel Exchange will connect researchers, scientists, clinicians and business organizations to facilitate collaborations,” said Daniel Marcus, PhD, Scientific Director of Flywheel. “We are excited about the potential of this platform to drive research and accelerate breakthroughs. “

With the acquisition of Radiologics, the Flywheel network has expanded to include hundreds of XNAT locations, providing access to a global network of over 300 potential employees participating in Flywheel Exchange.

About the flywheel
Flywheel is the revolutionary research data management platform that powers healthcare innovation by accelerating collaboration, enabling machine learning, and streamlining the massive task of aggregation, curation and management. Datas. By leveraging the scalability of the cloud and automating research workflows, Flywheel helps organizations evolve research data and analytics, improve scientific collaboration, and accelerate discovery. Flywheel offers complete solutions for life sciences, pharmaceutical, biotechnology, academic and clinical research. Flywheel is headquartered in Minneapolis and has offices in the Bay Area, St. Louis, and Budapest. For more information about our mission and our products, visit www.flywheel.io or follow us on Twitter and LinkedIn.



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