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The (E-) Doctor Is In: What Trends to Spot in Healthcare Technology Today

“Disruptive technologies” are the trending watchwords du jour, a catchphrase that encapsulates the displacement of existing market models with change, innovation and upheaval, and this phenomenon is as relevant as ever right now in the field of healthcare and medicine.

Earlier in the year, three behemoth corporate players, who are not traditionally associated with Healthcare— Amazon, Berkshire Hathaway, and JP Morgan Chase— forged a partnership to leverage state-of-the-art healthcare technology to provide to their employees “simplified, high-quality and transparent healthcare at a reasonable cost.”

So what is in the cards for the ever-evolving face of healthcare technology today?

Artificial Intelligence

AI has transformed the way healthcare providers render their services and how patients experience their level of care, in areas such as clinical diagnostic accuracy, acute care rehabilitation, predictive disease analysis, hospital operations, and population health.

It is an area that is teeming with possibilities for growth: by 2035, workplace productivity is projected to spike by as much as 35 percent and surpass the $6 billion mark as AI continues to play an integral part in alleviating physician shortage and patient congestion, as well as adopting more optimal and precise treatment plans.

As patients increasingly want more control over personal healthcare decisions, AI, Deep Learning and digital image content analysis can be tapped to analyze and anticipate disease, devise optimal care approaches and design methodologies of diagnosis and treatment of medical malaise. Pathology and Radiology specialties are in the early stages of AI transformation.

Augmented Reality

Immersive technologies such as Augmented Reality (AR) can be a huge opportunity for advanced visualization for healthcare providers and their patients, with a projected market share of $90 billion by 2020.

 For example, images from a real-world environment such as the OR can be embedded with computer-generated sensory input such as sound, video, and graphics, enabling surgeons to navigate their way around minimally invasive procedures or to develop 3D reconstructions of tumors without resorting to radiation exposure. Virtual apps have also been used to educate patients on the use of AEDs or defibrillators.

Wearables, IoT and Mobile Health Apps

The growing business of preventative care in the form of wearables—whether as part of corporate wellness programs or individual health and fitness markets—is expected to rise to $12.1 billion by 2021.

Remote health monitoring via wearables and mobile health apps could lead to a notable decrease in hospitalizations and ensure that those who need urgent care will have access to it more readily and with greater ease. For instance, the digital contact lens can be worn by diabetics to measure and maintain their blood sugar levels.

The advantages of wearables are diverse: they have user-friendly interfaces and boast of connectivity features such as wireless data transmission, real-time feedback, and alerting mechanisms, granting patients secured access to their health records and providing quicker diagnosis and treatment of conditions such as arrhythmia, asthma, and COPD.

Telemedicine

Although the words telemedicine and telehealth are likely to become obsolete within five years, the use of the latest technology advancements to provide healthcare to patients will become commonplace globally.

More on this here: https://goo.gl/Eo6jMi

Increasing Market Demands in the Entertainment Industry

A research by RRIA, in the middle of 2017, states that the entertainment industry in the U.S. has reached 17 percent revenue growth compared to 2016. The actual credit goes to the streaming capabilities.

Detailed article on increased market demand in entertainment industry:   https://goo.gl/37TDY6

Top Emerging IoT Trends that will Become Mainstream

The development in innovations like Artificial Intelligence, Blockchain technology, Cloud and Big Data are catering to the events in this advanced age. IoT is aiding in various sectors be it healthcare where it is providing world-class treatment with advanced tools and techniques and also to the development of smart cities where autonomous vehicles will eliminate car crashes.  Enterprises are adopting these trends to lead the digital revolution in their business.

• Artificial Intelligence

According to a survey by Gartner, 59 percent of organizations are still assembling data on Artificial Intelligence methodologies, whereas 31 percent have gained acceptance through test cases programs; the IT department is investing vigorously in AI. Regardless of these difficulties, it will be easy to accomplish great outcomes with AI in an extensive variety of IoT circumstances.

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Deep Learning for Computer Vision with Tensor Flow and Keras ☞ http://go.thegeeknews.net/de8afb0e56

#ai #DeepLearning

Malaysia Turns the Biotechnology Hub of Asia-Pacific

The ever-increasing scope for development in Biotechnology has made it a hot favorite for nations that are striving to build high income-driven economies. According to reports, the Biotechnology market is expanding at +9.9 percent CAGR and is expected to exceed USD 775 billion by 2024.

The Chinese Biotechnology market alone was valued at USD 29.7 billion in 2017. Due to the leap in the number of chronic diseases, innovative technologies in the sector and increasing demand for bio-agriculture products, the Chinese Biotechnology market is expected to achieve a lucrative growth rate of 10.6 percent CAGR by 2024.

Over the last eight years, Malaysia has been actively involved in strengthening its biotechnology ecosystem. By developing their local industries, they have a created a niche for themselves as a reputable Biotechnology hub of Asia. Malaysia’s robust conducive environment combined with high growth potential provides multiple opportunities for the country’s Biotechnology sector to develop to a fully-fledged state.

Strategic Advantages

The country’s rich biodiversity, cost-competitive skilled labor market, excellent transportation networks ICT infrastructure, strong government support, and public-private sector participation are leveraging the growth of Biotechnology sector there. Moreover, the cost-effective nature of the markets makes the country more inviting to do business.

The adoption of Good Clinical and Good Manufacturing Practices ensure that Malaysia remains competitive as a research, development, and manufacturing destination, drawing more investments into the Biotechnology sector.

Exploring new market territories

New Biotechnology and Life Science companies looking to enter the market or companies looking to expand their market presence and sales reach, relish the Malaysian market due to the unique and developed trade linkages it proffers.

As a signatory member of the Asean’s Free Trade Area (FTA) agreement along with Japan, Korea, China, and New Zealand, Malaysia provides access to a regional market of over 500 million people. Also, the Islamic roots of the country Read More

Src: Apac cio outlook

Gamification: Effective Means of Event Management

Mummification, along with live video features and chatbots are one of the most talked about event trends today. Even though the term gamification is spread like wildfire throughout the event industry, there is still confusion about what gamification is and how it can enhance an in-person event.

Read full insights: gamification and event management 

The Future of Manufacturing Automation

With the advancement of Artificial Intelligence (AI) and remote communication, automation is gaining stature in the manufacturing space. The usage of both AI and remote communication is slated to rise dramatically in the forthcoming years. 

In general, automation can be defined as taking rote tasks and designing a system that entirely performs the tasks automatically.

For example, the automation process is efficiently used in pharmaceutical manufacturing units where an automated system is used to dispense a given amount of powdered chemical. This enables numerous benefits that include mechanical precision and consistency, provides better safety, and decreased operating expenses. 

Full article: Manufacturing Automation Future

Better Results with AWS Monitoring

Most of the time, AWS continues to extend its market share and add new options and services at such a fast rate that even well-positioned corporations like Microsoft and Google find it exhausting to form a major contribution to the present market share. Cloud security and management of performance could be an exchange. The traditional applications will fail, and they cannot monitor data flaws in the cloud.

When a company uses the cloud, their management plane provides the power to work out associated management virtually everything that happens in the implementation on an unthinkable scale of detail in an on-the-spot data center. 

Indeed, the company management plane not only creates a rather intense single failure purpose within the cloud but it also conjointly establishes a rate level that’s difficult to stay with. The identical IP address might need to a separate server largely from minute to minute or it will stop.

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