Private AI, a leading provider of data privacy software solutions, and Replica Analytics Ltd., an Aetion company, the leading Synthetic Data Generation technology provider for the healthcare industry, are pleased to announce a new partnership. The need for a privacy-preserving solution in healthcare is urgent and this strategic partnership aims to provide a comprehensive solution for healthcare’s data privacy and security challenges.
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Replica Synthesis 3.0, Replica Analytics‘ pioneering software generates synthetic structured data, in the place of real data, making healthcare data safe to use in medical research and for other valuable insights. Private AI’s industry-leading technology accurately detects and removes personally identifiable information from structured, semi-structured, and unstructured data – all of which are prevalent in the healthcare industry.
“By joining Private AI’s unique technology with Replica Analytics’ solution, we are now able to tackle the challenge of unstructured text and offer a more comprehensive solution to our global clients,” said Dr. Khaled El Emam, Replica Analytics’ SVP and GM, who has been developing and deploying privacy enhancing technologies for two decades. “Our companies share a deep commitment to privacy and to using data for good. Working together, we will make richer datasets available, which is essential for health research and analytics, while continuing to protect privacy.”
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“We are thrilled to partner with Replica Analytics and expand our cutting-edge data privacy solutions further into the healthcare industry through Replica Analytics and, in turn, expose their synthetic structured data generation product to other verticals,” said Patricia Thaine, CEO, and Co-Founder of Private AI. “With Replica Analytics’ synthetic data generation solutions, we can help our clients to create safe and secure data sets for tasks in which maintaining accurate statistical distributions of personally identifiable information are key.”
This partnership will enable healthcare organizations to extract valuable insights from their multi-modal data while ensuring compliance with HIPAA regulations and maintaining the highest levels of privacy and data security. The two companies aim to make healthcare data available for research and development while preserving individual privacy rights.
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