FLYWHEEL


Associated tags: Digital, AI, Flywheel, Health, Research, Software, Data Management, Machine learning, Science, Biotechnology

Locations: NORTH AMERICA, NEW YORK, US, UNITED STATES, MINNESOTA, EUROPE, FLORIDA, BALTIMORE, MD, CHICAGO, CHINA, APAC, AMERICAS

Flywheel Announces Leadership Transition

Retrieved on: 
Monday, April 15, 2024

"Not an easy decision, but I am stepping down as Flywheel CEO to allow a new experienced leader to drive Flywheel's next phase of growth," said Jim Olson. "It has been a great honor to lead Flywheel to this point, and I am extremely proud of what the talented Flywheel team has accomplished. Flywheel is still in the early stages of its journey -- transforming healthcare innovation by empowering organizations to efficiently and securely manage and operationalize medical imaging data for accelerated research and AI development. I remain incredibly excited about Flywheel's future growth, and I look forward to continuing to work with Flywheel's Board to help with the leadership transition."

Key Points: 
  • Jim will continue to serve Flywheel in an advisory role to assist with the leadership transition.
  • "It has been a great honor to lead Flywheel to this point, and I am extremely proud of what the talented Flywheel team has accomplished.
  • I remain incredibly excited about Flywheel's future growth, and I look forward to continuing to work with Flywheel's Board to help with the leadership transition."
  • Jim's leadership has primed Flywheel to be the premier end-to-end platform solution for medical imaging data, which accounts for approximately 80-90% of all healthcare data."

Velsera and Flywheel Team up to Support Multimodal Imaging Genomics Research

Retrieved on: 
Thursday, April 4, 2024

Combining their capabilities, Velsera, Flywheel, and D3b were able to manage, harmonize, and analyze large datasets in a cloud-based platform.

Key Points: 
  • Combining their capabilities, Velsera, Flywheel, and D3b were able to manage, harmonize, and analyze large datasets in a cloud-based platform.
  • The Velsera team created interoperability standards that allow platforms to communicate with each other and make large-scale data access transparent to the user.
  • “Linking our Flywheel Core Platform with Velsera’s CAVATICA platform facilitates an unparalleled ability to perform advanced, multimodal data analysis in a cloud environment,” said Travis Richardson, Chief Strategist at Flywheel.
  • Using data from D3b, teams were able to analyze the combination of extracted imaging features on the Flywheel Core Platform.

Omnicom Announces Closing of Acquisition of Flywheel

Retrieved on: 
Tuesday, January 2, 2024

NEW YORK, Jan. 2, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced it has closed the previously announced acquisition of Flywheel Digital, the digital commerce business of Ascential (LSE: ASCL.L).

Key Points: 
  • NEW YORK, Jan. 2, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced it has closed the previously announced acquisition of Flywheel Digital, the digital commerce business of Ascential (LSE: ASCL.L).
  • "We are thrilled to cross the finish line and officially welcome everyone at Flywheel to Omnicom," said John Wren, Chairman and CEO, Omnicom.
  • The addition of Flywheel uniquely positions Omnicom to seamlessly integrate offerings across retail and brand media, digital and in-store commerce, as well as precision marketing.
  • Flywheel will operate as a Practice Area within Omnicom and will be led by Duncan Painter, previously the CEO of Ascential.

Flywheel Collaborates with Microsoft and NVIDIA to Propel End-to-End AI Development Platform on Microsoft Azure

Retrieved on: 
Wednesday, November 22, 2023

Flywheel, a leading medical imaging artificial intelligence (AI) development platform, today announced the launch of its software-as-a-service (SaaS) data management solution on Microsoft Azure.

Key Points: 
  • Flywheel, a leading medical imaging artificial intelligence (AI) development platform, today announced the launch of its software-as-a-service (SaaS) data management solution on Microsoft Azure.
  • The Flywheel platform is integrated with NVIDIA MONAI, part of the NVIDIA AI Enterprise software platform, and Azure Machine Learning Studio for development and deployment of production-grade AI applications.
  • View the full release here: https://www.businesswire.com/news/home/20231121373437/en/
    Flywheel announces the launch of its SaaS data management solution on Microsoft Azure, integrated with NVIDIA MONAI.
  • The company established an agreement with Microsoft to launch its SaaS solution on Azure, and Flywheel is now available on the Azure Marketplace.

Omnicom Acquires Digital Commerce Powerhouse Flywheel

Retrieved on: 
Monday, October 30, 2023

NEW YORK, Oct. 30, 2023 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced it has agreed to acquire Flywheel Digital, the digital commerce business of Ascential (LSE: ASCL.L), for a net cash purchase price of approximately $835 million. Flywheel's services enable top brands to sell more goods more efficiently across hundreds of digital marketplaces, such as Amazon, Walmart, and Alibaba.

Key Points: 
  • NEW YORK, Oct. 30, 2023 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced it has agreed to acquire Flywheel Digital, the digital commerce business of Ascential (LSE: ASCL.L), for a net cash purchase price of approximately $835 million.
  • Since 2014, Flywheel has been at the forefront of digital commerce, developing a suite of best-in-class solutions specifically designed to accelerate sales for the world's leading brands.
  • For the past eight years, Flywheel has assembled leading-edge digital commerce solutions and integrated them into a proprietary platform with a single user interface.
  • Today, the Flywheel Commerce Cloud platform manages tens of billions in product sales and billions of advertising spend annually across digital marketplaces.

Omnicom Acquires Digital Commerce Powerhouse Flywheel

Retrieved on: 
Monday, October 30, 2023

NEW YORK, Oct. 30, 2023 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced it has agreed to acquire Flywheel Digital, the digital commerce business of Ascential (LSE: ASCL.L), for a net cash purchase price of approximately $835 million. Flywheel's services enable top brands to sell more goods more efficiently across hundreds of digital marketplaces, such as Amazon, Walmart, and Alibaba.

Key Points: 
  • NEW YORK, Oct. 30, 2023 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced it has agreed to acquire Flywheel Digital, the digital commerce business of Ascential (LSE: ASCL.L), for a net cash purchase price of approximately $835 million.
  • Since 2014, Flywheel has been at the forefront of digital commerce, developing a suite of best-in-class solutions specifically designed to accelerate sales for the world's leading brands.
  • For the past eight years, Flywheel has assembled leading-edge digital commerce solutions and integrated them into a proprietary platform with a single user interface.
  • Today, the Flywheel Commerce Cloud platform manages tens of billions in product sales and billions of advertising spend annually across digital marketplaces.

Flywheel unites as a single, global digital commerce powerhouse

Retrieved on: 
Tuesday, October 24, 2023

NEW YORK, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Flywheel, a trailblazing force in digital commerce since 2014, today announces the integration of 11 unique Ascential Digital Commerce brands to form a single, global brand.

Key Points: 
  • NEW YORK, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Flywheel, a trailblazing force in digital commerce since 2014, today announces the integration of 11 unique Ascential Digital Commerce brands to form a single, global brand.
  • Now unified as a singular, greater global entity, Flywheel emerges more influential than ever, promising brands access to unparalleled, sustainable growth in the world's largest, most complex digital marketplaces.
  • Highlights of Flywheel's reinvention include:
    One powerful business: Flywheel now incorporates the unique capabilities of 11 brands previously under the Ascential Digital Commerce umbrella.
  • Flywheel's repositioning is not just a brand transformation but a commitment to evolving with the fast-paced digital commerce landscape.

Flywheel and CitrusAd Energize Retail Media with Global API Integration

Retrieved on: 
Tuesday, September 26, 2023

Flywheel, a global leader in retail media managed service, today announced that it has completed its global reporting API integration with CitrusAd.

Key Points: 
  • Flywheel, a global leader in retail media managed service, today announced that it has completed its global reporting API integration with CitrusAd.
  • The integration of CitrusAd’s reporting API allows data to connect to Flywheel’s application and provides unprecedented versatility for client reporting.
  • View the full release here: https://www.businesswire.com/news/home/20230926036595/en/
    Flywheel’s Global API Integration with CitrusAd Delivers Agility & Advanced Metrics (Graphic: Business Wire)
    The CitrusAd API enhances the level of detail with greater support and better customer experiences through hyper-intelligent advertising – all of which will establish greater trust and advocate for further investment.
  • “This integration allows us to drive better results for our clients and their retail partners through reliable data and ad technology,” said Sandy Welsch, VP, Omnichannel Platforms at Flywheel.

Revolutionizing Medical AI Development: Flywheel Announces $54 Million in Series D Funding led by Novalis LifeSciences and NVentures

Retrieved on: 
Tuesday, June 27, 2023

Flywheel , the leading medical imaging data and AI platform, announces it has raised $54 million in Series D funding with more to come soon.

Key Points: 
  • Flywheel , the leading medical imaging data and AI platform, announces it has raised $54 million in Series D funding with more to come soon.
  • This latest round of funding was co-led by Novalis LifeSciences LLC and NVentures, NVIDIA’s venture capital arm.
  • This latest round of funding will also help Flywheel extend its global reach into key geographies, particularly across Europe.
  • “Flywheel uses AI to unlock the value within medical imaging data, signaling the continued benefit of applying AI across the healthcare industry.”

Flywheel Launches New Products to Accelerate Clinical Research and Clinical Trials Data Management

Retrieved on: 
Wednesday, July 13, 2022

Flywheel Trial Flow is Flywheels data management platform for compliant clinical data ingestion and trial data management.

Key Points: 
  • Flywheel Trial Flow is Flywheels data management platform for compliant clinical data ingestion and trial data management.
  • With powerful tools for cohort discovery and clinical trial data management, researchers can accelerate their work and bring healthcare innovations to the world faster.
  • Flywheel is the revolutionary research data management platform powering healthcare innovation by accelerating collaboration, enabling machine learning, and streamlining the massive task of data aggregation, curation and management.
  • By leveraging cloud scalability and automating research workflows, Flywheel helps organizations scale research data and analysis, improve scientific collaboration and accelerate discoveries.