Innovation Lab Partners with Xerox and PARC to Develop Solutions That Improve Health Care
August 21 2017 - 9:00AM
Business Wire
Xerox Corporation (NYSE:XRX) and PARC, A Xerox Company, will
partner with the Innovation Lab, an Innovation Institute company,
to tackle health care challenges through collaboration in medical
technology, engineering and robotics.
“The idea behind the partnership is to bring together an
organization well versed in advanced technology, such as printed
electronics, machine learning and artificial intelligence, and
combine it with a group that works with physicians, employees, and
industry partners,” said Steve Hoover, Xerox CTO. “Together we will
develop new products, ideas, and concepts that can be
commercialized to reduce costs and transform health care
delivery.”
“Working side-by-side with the pioneers of many technology
platforms that have helped create new industries – from the
Ethernet and laser printing to the graphic user interface and
ubiquitous computing brings us world-renowned expertise,” said
Larry Stofko, executive vice president of the Innovation Lab. “Our
alliance with Xerox and PARC will enable us to galvanize
breakthroughs in health care.”
The Innovation Institute works with physicians, employees, and
industry partners to seek new products, ideas, and concepts that
can be commercialized through the Innovation Lab. The Innovation
Lab also works in alliance with Cleveland Clinic Innovations,
Global Healthcare Innovations Alliance, California Institute of
Technology, and Society of Physician Entrepreneurs (SoPE).
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About Xerox
Xerox Corporation is an $11 billion technology leader that
innovates the way the world communicates, connects and works. Our
expertise is more important than ever as customers of all sizes
look to improve productivity, maximize profitability and increase
satisfaction. We do this for small and mid-size
businesses, large enterprises, governments, graphic
communications providers, and for our partners who serve them.
We understand what’s at the heart of work – and all of the forms
it can take. We embrace the increasingly complex world of paper and
digital. Office and mobile. Personal and social. Every
day across the globe – in more than 160 countries –
our technology, software and people successfully navigate
those intersections. We automate, personalize, package, analyze and
secure information to keep our customers moving at an accelerated
pace. For more information visit www.xerox.com.
About PARC
PARC, A Xerox Company, is in the Business of Breakthroughs®.
Practicing open innovation, we provide custom R&D services,
technology, expertise, best practices, and intellectual property to
Fortune 500 and Global 1000 companies, startups, and government
agencies and partners. We create new business options, accelerate
time to market, augment internal capabilities, and reduce risk for
our clients. Since its inception, PARC has pioneered many
technology platforms and has enabled the creation of many
industries. Incorporated as an independent, wholly owned subsidiary
of Xerox in 2002, PARC today continues the research that enables
breakthroughs for our clients' businesses. To learn more about
PARC, visit www.parc.com or contact engage@parc.com.
About The Innovation Lab
The Innovation Lab is a subsidiary of The Innovation Institute,
an independent, for-profit limited liability corporation structured
to cultivate innovative solutions to transform healthcare delivery.
The Innovation Institute is owned by non-profit health systems.
This collaborative taps into physicians, employees, and industry
business partners to incubate and commercialize new products and
ideas through the Innovation Lab. Comprised of three distinct
elements – an innovation lab, an investment fund, and a shared
services group (Enterprise Development Group), The Institute
strives to “do more, with less, for more people.” For more
information, visit www.ii4change.com.
Note: To receive Xerox RSS news feeds, visit
https://www.news.xerox.com. For open commentary, industry
perspectives and views visit http://twitter.com/xerox,
http://www.linkedin.com/company/xerox,
http://connect.blogs.xerox.com, http://www.facebook.com/XeroxCorp,
http://www.youtube.com/XeroxCorp.
Xerox® and Xerox and Design® are trademarks of Xerox in the
United States and/or other countries.
PARC®, the PARC logo® and The Business of Breakthroughs® are
registered service marks of Palo Alto Research Center Incorporated
in the United States and or other countries. All other trademarks
used herein are the property of their respective owners. Palo Alto
Research Center Incorporated is a subsidiary of Xerox
Corporation.
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version on businesswire.com: http://www.businesswire.com/news/home/20170821005107/en/
Media:Innovation InstituteFrancine Marlenée,
+1-714-735-3767francine.marlenee@ii4change.comorXeroxBill McKee,
+1-585-423-4476bill.mckee@xerox.comorPARCKelly Brieger,
+1-650-704-1748Kelly@kbpr.net
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