Amid the Covid-19 pandemic, the spread of the virus has inevitably led to unforeseen growth in costs. People are spending more on healthcare although many have been laid off or are on technical leave. The lockdown is compelling MedTech leaders to respond and come up with solutions to mitigate critical business concerns related to the […]
Digital Insights
In 2010, the US spent $2.7 trillion on healthcare, half of that amount being reserved for wages. In light of the facts mentioned, the US healthcare industry became one of the country’s most labor-intensive of all. There have been attempts to reduce spending over the years, however, policymakers and industry leaders didn’t succeed at reducing […]
The spread of COVID-19 across the large-scale communities of Italy, Spain, China, the US, and Iran highlights that the healthcare system should speed up mobilization. Amind the global pandemic, a top priority should be the health of the people, both at home and at the workplace. World leaders should take better measures and make decisions […]
Virtual health leverages connected technologies and telecommunications to support the ongoing efforts of humanizing the healthcare sector and augment the patient-centric delivery model. The new premise is to make healthcare become life-centric. Via networked technologies patients and clinicians can deliver services remotely, thus ensuring better wellbeing. The ever-increasing opportunities [...]
Supply chain management has been undergoing massive changes since cloud computing went mainstream. Cloud-based software and applications can now scale operations in all industries regardless of shape and size. By the end of 2020, 90% of spending on execution systems related to supply chain will be cloud-based. SCM (supply chain management) technology will constitute a […]
Business Intelligence in healthcare can be better described as a process through which massive amounts of data are gathered and used to pull out actionable insights pertaining to clinical patient information, costs, medicine, and patient behavior. Given the industry’s mission to save people’s lives, it is important for industry leaders to invest in advanced technologies […]
Cloud computing is one of the most disruptive technologies of the modern era. If we take a look at its impact, we can see that this industry is already over $146 billion. Furthermore, the industry growth rate is exceptional as well, with an average growth rate of 17%. The supply chain industry needs a flexible information […]
Even though we are overloaded with tons of mobile apps, the demand for mobile apps will still be there in the times to come. According to Statista, the number of mobile users will surpass seven billion marks in 2021. By 2022, the experts predict the mobile app consumption to touch $157 billion worldwide, which means a 92% increase […]
Cloud Technology is one of the most disruptive technologies in the present era. It has touched many traditional industries as well, and now the oil and gas industry is feeling its heat. The recent report estimate over 80% of the enterprise workload to be cloud-based. By looking at the current wave of cloud computing inside […]
As the healthcare system becomes more aware of the benefits provided by apps based on the Internet of Things (IoT), the business model and overall strategy of Medtech-oriented organizations are changing. The great importance of Big Data in rendering effective, results-based healthcare is no longer a secret. Increasingly more providers have turned their attention to […]
