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IOT Market Sensing - Healthcare Whitepaper
IOT Market Sensing - Healthcare Whitepaper
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Tata Communications MOVETM
GOOD HEALTH STARTS WITH PREDICTIVE are responding to healthcare providers is also an
PREVENTION important factor. The pervasive nature of
technology in healthcare provision is transforming
Healthcare is shifting from treatment, towards the patient life cycle, enhancing awareness and
enhanced service delivery, shorter diagnosis-to- engagement levels.
treatment time, and cost rationalization via
adoption of emerging technologies. There is a Access: 85% of patients use the portal to view their
shift from treatment of conditions to prevention lab results.62% of patients uses the tool for more
of those conditions as well as an interest to move clinical tasks, such as scheduling appointments,
from volume based treatment to more value completing paperwork and refilling prescriptions.3
based care. Wellness in general and prevention
in particular, presents a cost imperative for Self-Care: In the first quarter of 2018, the top 10
healthcare providers, as well as being a strategic grossing self-care apps in the US earned $15 million in
focus for governments. IoT provides a connection both iOS and Android revenue and $27 million in
for innovative wellness products, including worldwide revenue.4
wearable fitness monitors, sleep sensors and Remote patient monitoring (RPM): RPM revenues
connected scales, that can feed data into of are expected to grow at a CAGR of 33.8 percent
analytics platforms to deliver new healthcare between 2016 and 2021 to reach € 32.4 billion at the
insights. end of the forecast period.5
Doctor appointments: 500,000 tele health hubs are
INSIGHTS INTO THE EVOLVING PATIENT CARE currently available in the market for physician
JOURNEY appointments.5
The potential for use of IoT enabled technology in
healthcare is extensive and the way that patients
Medical equipment manufacturers can build connectivity into a multitude of medical devices, including
blood glucose monitors for remote management of patients with diabetes, or heart monitoring equipment.
Using IoT patients can be monitored and intervention can take place before problems develop.
When we turn to the type of demands these changes are bringing, the focus for healthcare providers is on IT
solutions that can expedite service delivery, enhance patient engagement, and improve operational
efficiency.
Using the technology that is now available, healthcare providers can empower patients, keep them out of
the institutional system for longer and help them achieve a better overall quality of life. Access to accurate
and fast diagnosis, effective treatment, using more data points all with minimal disruption to the patients’
lifestyles, and with reduced cost to provide care.
IoT technology can be harnessed to help vulnerable people, including an increasingly elderly population live
more independent lives. Beyond remote patient monitoring, healthcare providers can work to improve the
quality of all patient services, minimizing things like the administrative cost of hospital admissions, or
helping with the management of hospital operations more efficiently.
The healthcare ecosystem is of course extensive and is by no means limited to first line healthcare
provision. At the level of research institutes or even government, data can be gathered, using IoT
techniques, to assess the effectiveness of new treatments, or even track the spread of disease, to help with
response and policy decisions. In terms of health insurance companies, more granular data about patient
risk, health and lifestyle can be gathered to help deliver services and manage policies and premiums.
IoT has an important role to play in making the In this area, the use of wearable technology can
physical supply chain more efficient and more have an important role. Monitoring data from
secure. Management of deliveries, inventory, wearable devices can make it easier to collect
assets and the condition under which products are large quantities of detailed data quickly. Data can
stored and transported are all important aspects, then be stored and processed in the cloud and
which can be enhanced with the use of IoT for analysed using big data and even AI techniques to
monitoring, control and accurate reporting, speed up the trial process.
ordering and invoicing.
➢ New Efficiency for Clinical Drug Trials CASE STUDY: TAIDOC
Clinical trials are an expensive part of drug Founded in 1998 Taidoc is dedicated to
development. On average, it can investment manufacturing and marketing premium medical
of anything up to $2.6Bn USD1 to develop and devices to improve people's health and quality of
launch a new drug in the market. life. Taidoc focusses on providing complete
Pharmaceutical companies continually face solutions covering Home Care; Diagnostics;
the challenges of patent expiry, along with Professional Instruments and associated systems
threat from counterfeits or even legitimate for Tele-Health management. www.taidoc.com
substitutes impacting on profitability and
margins. Challenge: Taidoc needed excellent quality of
connectivity from its partner Chunghwa Telecom
in Taiwan. Quality of service is essential every
There is a constant pressure to accelerate the time their clients’ medical devices are activated.
development cycle for new drugs. A Solution: Working with our partner Chunghwa
combination of IoT with cloud access and Telecom to deploy Tata Communications MOVE™
storage, allied to big data analytical gives TaiDoc complete assurance to be able to
techniques can help make clinical trials more activate and manage their devices in any part of
effective, by providing insight into the success the world, using automated APIs and remote
of therapies quickly, while identifying and provisioning.
cancelling ineffective trials quicker.
Outcome: Taidoc can deliver a superior customer
experience and automated remote provisioning
and streamlined service activation across multi-
country deployments.
7
➢ Network Services: we can help to virtualize your Tata Communications is one of more than a
network infrastructure, promoting agility and hundred businesses within the broader Tata group
leading to savings in CapEx and OpEx. Tata of companies. In addition to our own IoT and tele-
Communications can support you in implementing health collaborations, across the Tata group there
mobility solutions by providing the required are several other healthcare initiatives. For
network infrastructure, thus enhancing patient example, Tata Consultancy Services provides a
engagement and achieving cost savings. broad range of services for the life science and
➢ Collaboration Services: supporting your healthcare sectors.
organization’s evolving communication needs to Another Tata group company is Tata ELXSI, which
improve colleague collaboration, as you move
has developed an IoT enabled healthcare
toward digital services (such as tele-health and
tele-medicine) and focus on reducing OpEx,
platform.
through services including video conferencing and We work closely with all the other companies
tele-presence, thus ensuring efficiency and within the Tata group to deliver ready to market
positive ROI. services and capabilities for the healthcare
market.
Tata Communications Limited (CIN no: L64200MH1986PLC039266) Tata Communications’ depth and breadth of reach in
along with its subsidiaries (Tata Communications) is a leading emerging markets includes leadership in Indian enterprise
global provider of A New World of Communications™. With a data services and leadership in global international voice.
leadership position in emerging markets, Tata Communications
leverages its advanced solutions capabilities and domain expertise Tata Communications Limited is listed on the Bombay
across its global and pan-India network to deliver managed Stock Exchange and the National Stock Exchange
solutions to multi-national enterprises, service providers and of India.
Indian consumers.
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