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Invest NI: Emerging & Enabling Technologies Competition
Stephen McKeown, Analytics Engines CEO
Friday 14th October
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
How we helped a world leading company
transform the way they can do business.
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
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
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)
Innovate UK: Finding Value in Complex
Biological Data Project Call
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
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
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
Some thoughts…
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
