Morning Brew - ☕️ Going private

The rise of private 5G networks
Morning Brew December 02, 2022

Emerging Tech Brew

SaaS Origin Stories

Happy December. We made it to the last month of the year, the month in which the temperatures begin to drop, predictions proliferate, and Spotify Wrapped reigns supreme.

In today’s edition:

When it comes to 5G, privacy is in vogue
The startup using AI to help therapists manage reimbursements

Jordan McDonald, Dan McCarthy, Michael Schroeder

CONNECTIVITY

Privacy, please

Privacy, please Andriy Onufriyenko/Getty Images

Public or private: A distinction relevant to everything from your Instagram account to parents deciding where to send their kids to school. And, increasingly, the age-old either-or applies to a company’s networking preferences, too.

  • As of August 2022, there were 889 enterprises known to be deploying private networks worldwide, per Global Mobile Suppliers Association, an increase of 68% from 528 in September 2021.
  • About 38% of those networks were either 5G or a mix of 5G and LTE in August, up from 25% in November 2021.

Private cellular networks, which can be built on licensed or unlicensed spectrum, currently tend to be used by organizations to increase connectivity between systems and secure critical infrastructure, according to Dan Littmann, principal and national sector leader for telecommunications at Deloitte Consulting.

“The initial use case is about connectivity,” Littmann said. “How do I get conductivity within my enterprises to places where I’m conductivity challenged? That can be in large outdoor spaces; that can be in a factory where there’s a lot of metal and there’s a lot of interference that my current networks can’t handle.”

Big picture: Private cellular networks didn’t begin in the 5G era—the practice stretches back before the 4G era, Littman said. But with the advent of 5G and the availability of unlicensed spectrum, they are now “much more pervasive” than ever, he said. Read the full story on private 5G adoption here.JM

        

TOGETHER WITH SAAS ORIGIN STORIES

The best superhero origin story?

SaaS Origin Stories

Is it a freak lab accident? Radioactive bug bite? Or how about the tragic coincidence? It’s impossible to choose—they’re all great.

There’s just something about origin stories that engages and inspires. And believe it or not, the SaaS universe is filled with tons of amazing beginnings. See for yourself and join Phil Alves, host of the SaaS Origin Stories podcast, as he dives into the world of SaaS superheroes. 

The pod features deep conversations with founders as they share how they started their SaaS journeys. You’ll hear firsthand do’s and don’ts of building and growing a SaaS company, plus inspirational stories to fuel your own SaaS adventures. 

Every hero has an origin story, and SaaS is no different. Listen here.

AI

Computational clawbacks

A woman in a light-blue button-down shirt sits on a couch and speaks to her therapist. Fabio Formaggio/500px/Getty Images

As the CEO and co-founder of Eleos Health, Alon Joffe has been working to try to address a reimbursement problem dogging therapists across the US that has contributed to some practitioners in states like Illinois and Colorado forgoing insurance altogether.

  • Clawbacks, or retroactive coverage denials, are a pervasive problem in healthcare. It occurs when Medicare, Medicaid, or private health plans recoup payments that have already been made.

Many mental health providers already struggle with low reimbursement rates, and clawbacks can negatively affect their ability to keep offering services.

Eleos’s platform aims to help mental health providers better document services like talk therapy through AI, potentially reducing the likelihood that the insurer can find cause to “claw back” a payment. (The insurance trade organization AHIP did not return a request for comment to discuss concerns raised about clawbacks.)

Joffe, who spoke with Healthcare Brew from his home office in Tel Aviv, Israel, declined to disclose the cost of Eleos’s product and support services, but said it has more than 25 customers across 15 states.

Zoom out: Mental health providers are turning to AI for help with everything from diagnosing patients to reducing their administrative workloads. Other companies—like Seattle-based Lyssn, which employs AI to assess the use of evidence-based practices such as cognitive behavioral therapy—are also working to fill the need.

Joffe spoke about what his company is doing to help therapists tackle the sticky problem of clawbacks. Read the full piece from Healthcare Brew here.MS

        

BITS AND BYTES

Robert Way/Getty Images

Stat: For the first time, Chinese EV giant BYD is shaping up to be China’s top-selling vehicle brand overall for the month of November—not just among EV makers. It would also mark the first time an EV-focused automaker led the world’s largest auto market.

Quote: “Many companies saw this moment as a once-in-a-lifetime opportunity to go after market share and mind share and share of wallet. Now you have that moment coming to an end.”—Julia Pollak, chief economist at ZipRecruiter, to the WSJ on tech recruiter jobs drying up

Watch: Why Cisco decked out its NYC office with a boatload of sensors.

Inflation fever: Is inflation revisiting the disco era? MFS Investment Management’s chief economist examines similarities and key differences between today and the 1970s. Go deeper here.*

*This is sponsored advertising content.

WHAT ELSE IS BREWING

  • Lancia, a fancy Italian automaker, is being remade in EV-only form by its parent company, Stellantis. Trend watch: Lancia joins VW’s Scout as a beloved old auto brand getting an EV makeover.
  • Renault and Airbus are working on batteries that are fit to fly.
  • Starlink prices appear to be skyrocketing in Ukraine due to “Russia’s assault on the country’s electricity grid and increased demand.”
  • Washington is under pressure from key US trade partners—the EU, South Korea, Japan, and the UK—over the IRA’s “Made in America” provisions for electric vehicles.
  • AWS is aiming to expand its headcount in 2023, despite the ongoing layoffs affecting ~10,000 Amazon employees.
  • OpenAI released GPTChat, a large language model optimized for conversation. You can give it a whirl here.

GOING PHISHING

Three of the following news stories are true, and one...we made up. Can you spot the odd one out?

  • Amazon has introduced a generative AI feature for Alexa that spits out children’s stories based on a series of prompts.
  • Boston Dynamics announced Robot FC, a team of bipedal robots that it claims could win the World Cup.
  • Among FTX’s many creditors is Jimmy Buffet’s Margaritaville hotel in the Bahamas.
  • A startup is hard at work producing video games for...dogs.

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GOING PHISHING ANSWER

To our knowledge, Boston Dynamics has not made a robotic soccer team.

 

Written by Jordan McDonald

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