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Invest NI: Emerging & Enabling Technologies Competition Stephen McKeown, Analytics Engines CEO Friday 14 th October
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Innovate UK Emerging & Enabling Technologies Roadshow | Analytics Engines | Stephen McKeown

Apr 15, 2017

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Page 1: Innovate UK Emerging & Enabling Technologies Roadshow | Analytics Engines | Stephen McKeown

Invest NI: Emerging & Enabling Technologies Competition

Stephen McKeown, Analytics Engines CEO

Friday 14th October

Page 2: Innovate UK Emerging & Enabling Technologies Roadshow | Analytics Engines | Stephen McKeown

Analytics Engines: About Us

• THE COMPANY: Analytics Engines was founded in 2008

in the UK. It is privately held and venture capital backed

with funds from New York, London and Belfast

• CURRENT CLIENTS: Fortune 100 and NYSE/NASDAQ

listed customers; large-cap and mid-cap companies

across all sectors and geographies.

• ANALYTICS ENGINES XDP™: Turn-key Data Platform

software for providing faster, easier and more affordable

real-time analytics and reporting across organizations.

• Enterprise Data Integration

• Data Storage and Processing

• Industrialized Analytics

Page 3: Innovate UK Emerging & Enabling Technologies Roadshow | Analytics Engines | Stephen McKeown

How we helped a world leading company

transform the way they can do business.

Page 4: Innovate UK Emerging & Enabling Technologies Roadshow | Analytics Engines | Stephen McKeown

Almac Group

World leading contract

development and manufacturer in

pharma/biotech

More than 4,500 Employees

Globally

Headquartered in Northern

Ireland

Almac Diagnostics Focused on the discovery and commercialisation of

companion diagnostics, Almac Diagnostics is leading

personalised medicine with diagnostics tests that can be

targeted to specific patients and conditions.

Benefits

Fast accurate treatment

Patient specific interventions

Targeted application

Better clinical outcomes

www.almacgroup.com

Page 5: Innovate UK Emerging & Enabling Technologies Roadshow | Analytics Engines | Stephen McKeown

Almac Group

World leading contract

development and manufacturer in

pharma/biotech

More than 4,500 Employees

Globally

Headquartered in Northern

Ireland

Analytics BottlenecksComputationally intensive workflows required to run and

optimise biomarker identification taking 7-9 days to

complete

www.almacgroup.com

Page 6: Innovate UK Emerging & Enabling Technologies Roadshow | Analytics Engines | Stephen McKeown

Almac Group

World leading contract

development and manufacturer in

pharma/biotech

More than 4,500 Employees

Globally

Headquartered in Northern

Ireland

18 Months Later…

• Previous workflows took 7 - 9 days to run, this has

been reduced to 15 minutes hands on time.

• Results available in several hours with analytics

projects completed 20 times faster than in 2014

• Projects that previously took a month can now be

run in days

www.almacgroup.com

“When yesterday’s projects become today’s queries,

what do tomorrow’s projects look like?”

(A.Tanney)

Page 7: Innovate UK Emerging & Enabling Technologies Roadshow | Analytics Engines | Stephen McKeown

Innovate UK: Finding Value in Complex

Biological Data Project Call

Page 8: Innovate UK Emerging & Enabling Technologies Roadshow | Analytics Engines | Stephen McKeown

Why Innovate Funding?

Almac and Analytics Engines Collaborative Project

Innovate Competition

• Clearly identified business opportunity

• Significant development risk for both

companies

• Call closely aligned to objectives of both

parties (note not the other way around!)

• Proposal jointly developed by both partners

with clear goals & ownership of deliverables

• Total available funding £1.5M

Page 9: Innovate UK Emerging & Enabling Technologies Roadshow | Analytics Engines | Stephen McKeown

Innovate UK Project

XDP PipelineArchitect™

Looking forward:

• XDP PipelineArchitect™ will

be released to the general

market in 2017

• Finance company already

agreed to trial in 2nd domain

• Company investing in post

R&D commercialisation

Page 10: Innovate UK Emerging & Enabling Technologies Roadshow | Analytics Engines | Stephen McKeown

Innovate Funding

XDP PipelineArchitect™

Getting the exploitation plan right..

• Early output presented at international

conferences to seed the market

• Hosted international conference in

Cambridge, UK building domain credibility

• Work seen as truly cutting edge and

innovative

• Propelled Analytics Engines at the forefront

of complex analytics in Bioinformatics

Page 11: Innovate UK Emerging & Enabling Technologies Roadshow | Analytics Engines | Stephen McKeown

Some thoughts…

Page 12: Innovate UK Emerging & Enabling Technologies Roadshow | Analytics Engines | Stephen McKeown

Current Opportunities

EMERGING & ENABLING

TECHNOLOGIES

£15M of project funding

available

Registration deadline

Wednesday 7th November

Funds projects of up to £100k

for single applicants, over

£100k for two or more

Engagement is key• Need to engage partners and end user market as early

as possible

• Be proactive and ensure project aligns

to the business goals

• Weigh up pros and cons of partnering

Don’t see as easy funding• Funding only partially covers costs

Use the support • Support from InvestNI is fantastic

• Financial support for proposal development

• Can advise on partner search

Page 13: Innovate UK Emerging & Enabling Technologies Roadshow | Analytics Engines | Stephen McKeown

[email protected]

Twitter: @st3phenmck