HSMAP by Fires Stone Intelligence: Breaking Information Asymmetry in Healthcare Innovation and Investment

At7Month31held on the day“Foresee·Data+”2016At the Firetone product launch event, Firetone officially released its data products to the public.HSMAP, aiming to build the premier data platform for healthcare innovation and entrepreneurship, accelerating business innovation through big data.At the press conference, Yang Hongfei, CEO of Firetone, delivered a keynote titled“The Beauty of Data”'s speech, as follows:VCBeat (WeChat ID: vcbeat) compiled this content based on his speech.

Through technologies such as machine learning, artificial intelligence, and big data,HSMAPAiming to build the world’s first disease-centric map for medical and healthcare innovation and entrepreneurship, it has established a massive database, with220Tens of thousands of startups,6.13VBInsight,5.58Tens of thousands of investment institutions,13310,000 patents,12210,000 products,206Tens of thousands of entrepreneurs,22Tens of Thousands of Clinical Trials,159Data Information of 10,000 Literature Sources.

Data is the key supporting force behind collaborative innovation. Built on a robust database foundation,HSMAPhas spawned a variety of functions. According to Yang Hongfei, the currently releasedHSMAPYes“Meta-Search”、“Analytical Laboratory”、“Foreseeing Global Dynamics”Three Major Functions.

Service 1: Meta-Search

So far,HSMAP.COMGlobal228Data on over 10,000 startups and innovative ventures in the healthcare sector, including60,000Multiple research institutions have more than5Tens of thousands of investment institutions,5Over a thousand industrial parks, with133Patent data in the healthcare sector,122product data, and also includes more than1000tens of thousands of entrepreneurs, etc.HSMAPAllow company heads to claim their respective companies and introduce an evaluation mechanism.

For example,, based on geographic location, it is possible to visually discover the entire healthcare sector in Hangzhou7671home-based startups. Based on specific segments, it is possible to further visualize startups in the gene sector in Hangzhou. Additionally, investment and financing information, as well as more detailed status information for each company, can be visualized, with corresponding company reports generated at the click of a button.

Service 2: Analytical Laboratory

HSMAP.COMProvide a personalized, productized, and intelligent exclusive cloud-based analysis laboratory. By creating an analysis project, users only need to upload their unique data, and it will be based onHSMAP.COMGenerate corresponding analysis reports based on existing data intelligence and visualization.

Intelligent analysis reports automatically generate corresponding visual dashboards, knowledge graphs, and industry ecosystem correlation maps. From an investor’s perspective, these reports enable you to access: all startups within a specific sector, the growth stage of each company, and detailed profiles for every enterprise; the landscape of investment sectors; investment distribution patterns; the distribution of publications, patent acquisition status, and clinical development progress. The intelligent analysis system facilitates the construction of comprehensive analytical models and will support customizable models in the future, allowing users to create proprietary, unique analytical perspectives.

In addition, Firetone and the Medical Analysts Community“VBInsight”Jointly build the healthcare analytics market under the sharing economy model, enabling comprehensive retrieval of all analytical reports by topic.

Service 3: Anticipating Global Trends

Predictive capability relies on algorithms.HSMAP.COMAchieve precise algorithmic prediction of future hotspots. Users need only define their areas of interest, and the system will perform analysis and automated tracking. HSMAPpredictive capabilities, equivalent to providing users with a private AI assistant for tracking healthcare trends.

In Yang Hongfei’s view, HSMAP's online work platform (SAASmode) and big data-based thematic projects will bring tremendous value to the entire medical and health industry. It is not far off to accelerate business innovation with big data. According to Yang Hongfei’s vision,HSMAPClear scenario segmentation has now been established for various population groups,HSMAPThe designated service scenarios include:

For Investors: The system can effortlessly map out the industry landscape, including precisely identifying companies in need of financing, quickly locking onto targets, and providing basic decision-making recommendations;

For Entrepreneurs: The system facilitates efficient resource matching and connects with key opinion leaders;

For Government Agencies: The system provides recommendations to assist in formulating industry strategies and offers data-supported assessments, including for policies released globally.

Big data will permeate every aspect of innovation and entrepreneurship. Thus, big data serves as a watershed moment for investment and startups; the ability to effectively leverage data mining and promote data utilization will be the key to success in this era.