a futuristic, disruptive, and game-changing company
Baltimore, MD (PRWEB) June 28, 2017
Proscia Inc., a software solutions provider for digital pathology, announced today that Frost & Sullivan, the Growth Partnership Company, had named Proscia as the recipient of its 2017 Best Practices in Enabling Technology Leadership Award in Digital Pathology. Frost & Sullivan and its global team of analysts and consultants independently evaluated companies servicing the digital pathology industry by two key factors—technology leverage and customer impact—and identified Proscia as a company that continually invests in new technologies that meet this criteria.
“To achieve enabling technology leadership is never an easy task, but it is one made even more difficult considering today’s competitive intensity, customer volatility, and economic uncertainty—not to mention the difficulty of innovating in an environment of escalating challenges to intellectual property,” said David Frigstad, Chairman, Frost & Sullivan. “Within this context, naming Proscia as the recipient of this award signifies an even greater accomplishment in the field of digital pathology and we recognize Proscia as a futuristic, disruptive, and game-changing company to watch in this industry.”
“Pathology laboratories have been transitioning to digital workflows over the past 8 to 10 years, added Divyaa Ravishankar, Industry Principal and Associate Fellow, Frost & Sullivan. “As the traditional pathology workflow gradually moves towards modernization, labs will see adoption of faster imaging and next generation analytical tools, such as Proscia’s, designed to support digital processes.”
Proscia’s digital pathology software is aimed at augmenting the work of the pathologist through the development of a platform that allows for more efficient data management, telepathology, and image analysis. Currently, there are over 800 users of Proscia’s cloud-based technology for digital pathology across 125 institutions with a considerable number of slides under management across 40 countries.
“Proscia is honored to have earned Frost & Sullivan’s recognition for its strategic thought leadership, innovation, and performance exhibited in the cloud pathology space,” said David West, Jr., CEO, Proscia. “With the objective of advancing cancer care and treatment, Proscia is well positioned to usher in computational pathology by bringing together machine learning and cloud computing to revolutionize how histological patterns are read on whole slide images.”
Frost & Sullivan continuously conducts research of a wide range of markets across multiple sectors and geographies. As part of this ongoing research, it identifies companies that continually invest in new technologies to deliver a unique and superior customer experience, or invest in technologies that enhance a vast array of applications. In order for a company to qualify for the Best Practices in Enabling Technology Leadership Award, it must be best-in-class in three key areas: understanding demand, nurturing the brand, and differentiating from the competition. A full description of the award and its criteria can be found here.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages more than 50 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from 45 offices on 6 continents. To join our Growth Partnership, please visit http://www.frost.com.
Proscia was founded in 2014 by a team out of Johns Hopkins, the Moffitt Cancer Center, and the University of Pittsburgh to improve clinical outcomes and accelerate the discovery of breakthrough advancements in the fight against cancer. Using modern computing technologies that unlock hidden data not visible to the human eye and turning that data into valuable insights in the fight against cancer, the company is dedicated to improving the efficiency, speed, and quality of pathology diagnostics and research. To learn more, please visit http://www.proscia.com.