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healthcaremarketanalysis · 13 days

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Revolutionizing Healthcare: The Role of Cloud Computing in Modern Healthcare Technologies

In today’s digital era, cloud computing is transforming industries, and healthcare is no exception. The integration of cloud computing healthcare technologies is reshaping patient care, medical research, and healthcare management. Let’s explore how cloud computing is revolutionizing healthcare and the benefits it brings.

What is Cloud Computing in Healthcare?

Cloud computing in healthcare refers to the use of remote servers to store, manage, and process healthcare data, rather than relying on local servers or personal computers. This technology allows healthcare organizations to access vast amounts of data, collaborate with other institutions, and scale operations seamlessly.

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Key Benefits of Cloud Computing in Healthcare

Enhanced Data Storage and Accessibility Cloud technology allows healthcare providers to store massive volumes of patient data, including medical records, images, and test results, securely. Clinicians can access this data from anywhere, ensuring that patient information is available for timely decision-making.

Improved Collaboration Cloud-based healthcare platforms enable easy sharing of patient data between healthcare providers, specialists, and labs. This facilitates better collaboration and more accurate diagnoses and treatment plans, especially in multi-disciplinary cases.

Cost Efficiency The cloud reduces the need for expensive hardware, software, and in-house IT teams. Healthcare providers only pay for the resources they use, making it a cost-effective solution. Additionally, the scalability of cloud systems ensures they can grow as healthcare organizations expand.

Better Data Security Protecting sensitive patient information is critical in healthcare. Cloud computing providers invest heavily in data security measures such as encryption, multi-factor authentication, and regular audits, ensuring compliance with regulatory standards like HIPAA.

Telemedicine and Remote Patient Monitoring Cloud computing powers telemedicine platforms, allowing patients to consult with doctors virtually, from the comfort of their homes. It also enables remote patient monitoring, where doctors can track patients' health metrics in real time, improving outcomes for chronic conditions.

Advanced Data Analytics The cloud supports the integration of advanced data analytics tools, including artificial intelligence (AI) and machine learning (ML), which can analyze large datasets to predict health trends, track disease outbreaks, and personalize treatment plans based on individual patient data.

Use Cases of Cloud Computing in Healthcare

Electronic Health Records (EHRs): Cloud-based EHRs allow healthcare providers to access and update patient records instantly, improving the quality of care.

Genomics and Precision Medicine: Cloud computing accelerates the processing of large datasets in genomics, supporting research and development in personalized medicine.

Hospital Information Systems (HIS): Cloud-powered HIS streamline hospital operations, from patient admissions to billing, improving efficiency.

Challenges in Cloud Computing for Healthcare

Despite its numerous benefits, there are challenges to implementing cloud computing in healthcare. These include:

Data Privacy Concerns: Although cloud providers offer robust security measures, healthcare organizations must ensure their systems are compliant with local and international regulations.

Integration with Legacy Systems: Many healthcare institutions still rely on outdated technology, making it challenging to integrate cloud solutions smoothly.

Staff Training: Healthcare professionals need adequate training to use cloud-based systems effectively.

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The Future of Cloud Computing in Healthcare

The future of healthcare will be increasingly cloud-centric. With advancements in AI, IoT, and big data analytics, cloud computing will continue to drive innovations in personalized medicine, population health management, and patient care. Additionally, with the growing trend of wearable devices and health apps, cloud computing will play a crucial role in integrating and managing data from diverse sources to provide a comprehensive view of patient health.

Conclusion

Cloud computing is not just a trend in healthcare; it is a transformative force driving the industry towards more efficient, secure, and patient-centric care. As healthcare organizations continue to adopt cloud technologies, we can expect to see improved patient outcomes, lower costs, and innovations that were once thought impossible.

Embracing cloud computing in healthcare is essential for any organization aiming to stay at the forefront of medical advancements and patient care.

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#Healthcare Cloud Computing Market

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elsa16744 · 2 months

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How Can You Ensure Data Quality in Healthcare Analytics and Management?

Healthcare facilities are responsible for the patient’s recovery. Pharmaceutical companies and medical equipment manufacturers also work toward alleviating physical pain, stress levels, and uncomfortable body movement issues. Still, healthcare analytics must be accurate for precise diagnosis and effective clinical prescriptions. This post will discuss data quality management in the healthcare industry.

What is Data Quality in Healthcare?

Healthcare data quality management includes technologies and statistical solutions to verify the reliability of acquired clinical intelligence. A data quality manager protects databases from digital corruption, cyberattacks, and inappropriate handling. So, medical professionals can get more realistic insights using data analytics solutions.

Laboratories have started emailing the test results to help doctors, patients, and their family members make important decisions without wasting time. Also, assistive technologies merge the benefits of the Internet of Things (IoT) and artificial intelligence (AI) to enhance living standards.

However, poor data quality threatens the usefulness of healthcare data management solutions.

For example, pharmaceutical companies and authorities must apply solutions that remove mathematical outliers to perform high-precision data analytics for clinical drug trials. Otherwise, harmful medicines will reach the pharmacist’s shelf, endangering many people.

How to Ensure Data Quality in the Healthcare Industry?

Data quality frameworks utilize different strategies to prevent processing issues or losing sensitive intelligence. If you want to develop such frameworks to improve medical intelligence and reporting, the following 7 methods can aid you in this endeavor.

Method #1| Use Data Profiling

A data profiling method involves estimating the relationship between the different records in a database to find gaps and devise a cleansing strategy. Data cleansing in healthcare data management solutions has the following objectives.

Determine whether the lab reports and prescriptions match the correct patient identifiers.

If inconsistent profile matching has occurred, fix it by contacting doctors and patients.

Analyze the data structures and authorization levels to evaluate how each employee is accountable for specific patient recovery outcomes.

Create a data governance framework to enforce access and data modification rights strictly.

Identify recurring data cleaning and preparation challenges.

Brainstorm ideas to minimize data collection issues that increase your data cleaning efforts.

Ensure consistency in report formatting and recovery measurement techniques to improve data quality in healthcare.

Data cleaning and profiling allow you to eliminate unnecessary and inaccurate entries from patient databases. Therefore, healthcare research institutes and commercial life science businesses can reduce processing errors when using data analytics solutions.

Method #2| Replace Empty Values

What is a null value? Null values mean the database has no data corresponding to a field in a record. Moreover, these missing values can skew the results obtained by data management solutions used in the healthcare industry.

Consider that a patient left a form field empty. If all the care and life science businesses use online data collection surveys, they can warn the patients about the empty values. This approach relies on the “prevention is better than cure” principle.

Still, many institutions, ranging from multispecialty hospitals to clinical device producers, record data offline. Later, the data entry officers transform the filled papers using scanners and OCR (optical character recognition).

Empty fields also appear in the database management system (DBMS), so the healthcare facilities must contact the patients or reporting doctors to retrieve the missing information. They use newly acquired data to replace the null values, making the analytics solutions operate seamlessly.

Method #3| Refresh Old Records

Your physical and psychological attributes change with age, environment, lifestyle, and family circumstances. So, what was true for an individual a few years ago is less likely to be relevant today. While preserving historical patient databases is vital, hospitals and pharma businesses must periodically update obsolete medical reports.

Each healthcare business maintains a professional network of consulting physicians, laboratories, chemists, dietitians, and counselors. These connections enable the treatment providers to strategically conduct regular tests to check how patients’ bodily functions change throughout the recovery.

Therefore, updating old records in a patient’s medical history becomes possible. Other variables like switching jobs or traveling habits also impact an individual’s metabolism and susceptibility to illnesses. So, you must also ask the patients to share the latest data on their changed lifestyles. Freshly obtained records increase the relevance of healthcare data management solutions.

Method #4| Standardize Documentation

Standardization compels all professionals to collect, store, visualize, and communicate data or analytics activities using unified reporting solutions. Furthermore, standardized reports are integral to improving data governance compliance in the healthcare industry.

Consider the following principles when promoting a documentation protocol to make all reports more consistent and easily traceable.

A brand’s visual identities, like logos and colors, must not interfere with clinical data presentation.

Observed readings must go in the designated fields.

Both the offline and online document formats must be identical.

Stakeholders must permanently preserve an archived copy of patient databases with version control as they edit and delete values from the records.

All medical reports must arrange the data and insights to prevent ambiguity and misinterpretation.

Pharma companies, clinics, and FDA (food and drug administration) benefit from reporting standards. After all, corresponding protocols encourage responsible attitudes that help data analytics solutions avoid processing problems.

Method #5| Merge Duplicate Report Instances

A report instance is like a screenshot that helps you save the output of visualization tools related to a business query at a specified time interval. However, duplicate reporting instances are a significant quality assurance challenge in healthcare data management solutions.

For example, more than two nurses and one doctor will interact with the same patients. Besides, patients might consult different doctors and get two or more treatments for distinct illnesses. Such situations result in multiple versions of a patient’s clinical history.

Data analytics solutions can process the data collected by different healthcare facilities to solve the issue of duplicate report instances in the patients’ databases. They facilitate merging overlapping records and matching each patient with a universally valid clinical history profile.

Such a strategy also assists clinicians in monitoring how other healthcare professionals prescribe medicine to a patient. Therefore, they can prevent double dosage complications arising from a patient consuming similar medicines while undergoing more than one treatment regime.

Method #6| Audit the DBMS and Reporting Modules

Chemical laboratories revise their reporting practices when newly purchased testing equipment offers additional features. Likewise, DBMS solutions optimized for healthcare data management must receive regular updates.

Auditing the present status of reporting practices will give you insights into efficient and inefficient activities. Remember, there is always a better way to collect and record data. Monitor the trends in database technologies to ensure continuous enhancements in healthcare data quality.

Simultaneously, you want to assess the stability of the IT systems because unreliable infrastructure can adversely affect the decision-making associated with patient diagnosis. You can start by asking the following questions.

Questions to Ask When Assessing Data Quality in Healthcare Analytics Solutions

Can all doctors, nurses, agents, insurance representatives, patients, and each patient’s family members access the required data without problems?

How often do the servers and internet connectivity stop functioning correctly?

Are there sufficient backup tools to restore the system if something goes wrong?

Do hospitals, research facilities, and pharmaceutical companies employ end-to-end encryption (E2EE) across all electronic communications?

Are there new technologies facilitating accelerated report creation?

Will the patient databases be vulnerable to cyberattacks and manipulation?

Are the clinical history records sufficient for a robust diagnosis?

Can the patients collect the documents required to claim healthcare insurance benefits without encountering uncomfortable experiences?

Is the presently implemented authorization framework sufficient to ensure data governance in healthcare?

Has the FDA approved any of your prescribed medications?

Method #7| Conduct Skill Development Sessions for the Employees 

Healthcare data management solutions rely on advanced technologies, and some employees need more guidance to use them effectively. Pharma companies are aware of this as well, because maintaining and modifying the chemical reactions involved in drug manufacturing will necessitate specialized knowledge.

Different training programs can assist the nursing staff and healthcare practitioners in developing the skills necessary to handle advanced data analytics solutions. Moreover, some consulting firms might offer simplified educational initiatives to help hospitals and nursing homes increase the skill levels of employees.

Cooperation between employees, leadership, and public authorities is indispensable to ensure data quality in the healthcare and life science industries. Otherwise, a lack of coordination hinders the modernization trends in the respective sectors.

Conclusion

Healthcare analytics depends on many techniques to improve data quality. For example, cleaning datasets to eliminate obsolete records, null values, or duplicate report instances remains essential, and multispecialty hospitals agree with this concept.

Therefore, medical professionals invest heavily in standardized documents and employee education to enhance data governance. Also, you want to prevent cyberattacks and data corruption. Consider consulting reputable firms to audit your data operations and make clinical trials more reliable.

SG Analytics is a leader in healthcare data management solutions, delivering scalable insight discovery capabilities for adverse event monitoring and medical intelligence. Contact us today if you want healthcare market research and patent tracking assistance.

#data analytics solutions

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industrynews10 · 3 months

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What are some upcoming developments or advancements we can expect from Nessa Illumination in the near future?

Nessa Illumination, known for its innovative lighting solutions, has several exciting developments and advancements on the horizon. Here are some key areas where we can expect progress:

Smart Lighting Systems: Nessa Illumination is investing in smart lighting technologies that integrate with home automation systems. This includes lights that can be controlled via smartphone apps, voice assistants, and other IoT devices, offering users enhanced control and energy efficiency.

Energy-Efficient Solutions: With a growing emphasis on sustainability, Nessa Illumination is developing more energy-efficient lighting products. This includes advancements in LED technology that provide better luminosity with lower power consumption and longer lifespan.

Human-Centric Lighting: There is a focus on human-centric lighting solutions that mimic natural daylight patterns to improve well-being and productivity. These lights can adjust color temperature and brightness throughout the day to align with the human circadian rhythm.

Advanced Industrial and Commercial Lighting: Nessa Illumination is also expanding its portfolio in industrial and commercial lighting solutions. These products are designed to enhance safety, reduce operational costs, and improve the overall lighting quality in workplaces and public spaces.

Enhanced Aesthetics and Design: The company is exploring innovative designs and materials to create aesthetically pleasing lighting fixtures. This includes collaborations with designers and architects to produce unique and customizable lighting solutions that cater to modern architectural trends.

Integration with Renewable Energy: To support sustainability goals, Nessa Illumination is working on lighting solutions that integrate with renewable energy sources such as solar power. This aims to provide off-grid lighting options for remote areas and reduce reliance on conventional power grids.

Health and Safety Features: There is a growing interest in lighting products that incorporate health and safety features. This includes UV-C lighting for disinfection purposes, which can be used in hospitals, schools, and other public spaces to reduce the spread of pathogens.

Enhanced Connectivity and Networking: Development of lighting systems that offer advanced connectivity options, including wireless networking and mesh networking capabilities, is another area of focus. This would enable seamless integration and control of lighting systems across large areas and multiple sites.

These advancements reflect Nessa Illumination's commitment to innovation, sustainability, and improving user experience across various applications of lighting technology.

#green energy #environment #nessa illumination

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bizzopp2024 · 10 months

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How are startups disrupting traditional industries?

Startups are often at the forefront of disrupting traditional industries by introducing innovative technologies, business models, and approaches. Here are several ways in which startups are causing disruption:

1. Technology Integration

- Startups leverage emerging technologies such as artificial intelligence, blockchain, and the Internet of Things to create more efficient and streamlined processes in industries like finance, healthcare, and manufacturing.

2. E-Commerce and Direct-to-Consumer Models

- E-commerce startups have revolutionized retail by providing direct-to-consumer sales channels, cutting out intermediaries and reducing costs. Companies like Amazon and Alibaba have transformed the way people shop.

3. Sharing Economy

- Startups in the sharing economy, like Uber and Airbnb, have disrupted transportation and hospitality industries by connecting service providers directly with consumers through online platforms.

4. Fintech Innovation

- Fintech startups have transformed the financial services sector by introducing digital payments, robo-advisors, crowdfunding platforms, and blockchain-based solutions, challenging traditional banking models.

5. HealthTech Advancements

- Health technology startups are disrupting healthcare by introducing telemedicine, personalized medicine, wearable devices, and digital health platforms, making healthcare more accessible and efficient.

6. Renewable Energy and CleanTech

- Startups in the clean energy sector are disrupting traditional energy industries by developing innovative solutions for renewable energy, energy storage, and sustainable practices.

7. EdTech Revolution

- Education technology startups are changing the way people learn by offering online courses, interactive platforms, and personalized learning experiences, challenging traditional educational institutions.

8. AgTech and FoodTech

- Agricultural technology startups are improving efficiency and sustainability in farming, while food technology startups are introducing alternative proteins, lab-grown meat, and sustainable food production methods.

9. InsurTech Transformation

- InsurTech startups are leveraging technology to streamline and personalize insurance processes, making insurance more accessible, affordable, and customer-centric.

10. Space Exploration and Aerospace Innovation

- Startups in the space industry are disrupting aerospace by developing cost-effective satellite technologies, commercial space travel, and new approaches to space exploration.

11. Smart Manufacturing

- Startups in the manufacturing sector are implementing Industry 4.0 technologies, such as automation, IoT, and data analytics, to create more agile and efficient production processes.

12. Telecommunications Disruption

- Telecom startups are challenging traditional telecommunications companies by providing innovative solutions for connectivity, communication, and data transfer.

These examples showcase how startups are challenging the status quo across various industries, prompting established companies to adapt, innovate, or risk becoming obsolete. The agility, creativity, and willingness to take risks inherent in many startups enable them to drive significant changes in traditional business landscapes.

#startup #entrepreneur #marketing #delhi #expo #startup funding #accounting #business expo #startup company

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computeronrent · 2 years

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Advantages and disadvantages of 5G

5G technology or fifth generation technology offers many features for mobile networks. It is useful for government, students, businesses and professionals. It is a new mobile network designed to connect everyone and everything. It is the new standard in global wireless networks after 1G to 4G. It offers high multi-Gbps data speeds, low latency, large network capacity, and a flexible user experience. As this new technology is deployed, 5G technology should create many new applications.

5G technology features in brief. Speed up to 10 Gbits.

Great app

100 times more device connections

Fast response time

Waste of time

Another software option to upgrade. Great potential

With the proliferation of digital around the world, when live streaming and games, sports, news, movie reviews, social media, etc., the transfer of large amounts of data from one host to another and the Internet of Things (IoT) spurred the development of mobile phone standards. .

However, the 5G technology network has not yet reached its potential because the existing devices and infrastructure are not yet ready to support the 5G technology network. Those who have tested the 5G technology network using it with built-in 4G devices in this application are also called non-stationary 5G technology networks. The full potential of 5G technology will only be realized when independent networks, compatible devices and better communication tower technologies become available.

Advantages of 5G technology

Transfer data faster

The previous generation 4G LTE technology used bands below 3 GHz but in comparison, 5G technology uses bandwidth from 6 GHz in length to 24 GHz. However, it is important to note that 5G technology coverage also requires a base station and a broadcast tower compared to a 4G data network.

Improved network

5G networks are more flexible as they work with different customers, services and market segments. It divides its network in such a way that it will adapt to the needs of the users. It is based on Network Functions Virtualization (NFV) and Software Defined Networking (SDN). It is also called a "network fragment". This provides high data rates, low power consumption, and reliable low latency.

Moving Beamforming

Moving Beamforming refers to a radio signal processing technique that allows for the transmission or reception of a directional network, unlike a passive antenna that beams the signal randomly in all directions. 4G networks also use beamforming to some capacity, but in a growing sense.

Benefits for companies and businesses

It provides improved machine-to-machine communication for automation, real-time communication and guaranteed network availability, digitization of healthcare and agricultural industries.

Benefits for consumers

It provides fast download and download times when you are streaming users. Stable connection to mobile communications, low response time for online or cloud gaming, virtual reality, high quality live TV and 4K video telephony.

A more secure network

5G technology networks offer more security than previous generation networks. It supports protection against data loss, data corruption and theft. The exchange of sensitive and private customer data, such as hospital patient reports, customer data and student information at universities, is more secure in the 5G technology network.

Disadvantages of 5G

Limit coverage

The 5G technology network is a new technology, it requires a large network of ports and transmission towers worldwide, which requires a lot of time, testing, testing and setting up 5G technology towers.

Reduces durability

If the experts are to be believed, the non-standard 5G technology network undermines the performance of 4G network devices. Although a few manufacturers have started to produce 5G technology network devices, R & D believes that due to high data transmission in the largest network, the longevity or service life of mobile phones and other devices will be compromised.

Involvement in aviation

In January, Air India cancled several flights to the United States because they were rolling out 5G technology services in the country. This is a major setback of 5G technology in India as airlines have suffered losses due to ongoing 5G technology deployment projects. It can also be a hindrance in the future if not dealt with quickly. Internet Security Threats

Although the 5G technology network is said to help improve cybersecurity, it also has its limitations as it encourages cloud computing and exposes more data to risk. of hacking due to its lack of privacy and ease of access to network networks. on the other hand. hands

5G technologyin India

India officially launched its 5G technology network in October this year at an event held in New Delhi. Airtel and Jio have started rolling out 5G technology data plans in select state. However, Vodafone Idea is not planning to launch it in the near future.

In case of Airtel, they are currently placed in Tier I to Tier 8 countries. Jio has launched 5G technology services in limited areas. Many telecom operators are also of the opinion that pan-India 5G technology network coverage will take a few years. Jio recently announced after the 5G technology beta test that no SIM card is required to operate Jio's 5G technology network. However, Vodafone Idea has not yet announced its 5G technology network.

The health risks of 5G technology and the disadvantages of 5G technology for the environment

The International Commission on Non-ionizing Radiation Protection (ICNIRP) has stated that increasing radio frequencies above 6 GHz may have biological and health effects. The 5G technology network will increase the amount of electromagnetic radiation in the environment, causing a greater risk of cancer. With the lack of power of 5G technology network devices, there will also be an increase in the collection of electronic waste. The electric current from the cell tower exposed sparrows and other birds to increased egg production and nesting behavior. High rates of energy consumption have also contributed to global warming.

#advantage and disadvantages of 5g technology

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phonesuite · 1 year

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As technology rapidly advances, particularly in the internet of things (IoT). This blog post will explore what eSIM means for IoT within the hospitality industry in greater detail and understanding regulatory frameworks related to eSIM implementation in hotels. Read More...

#eSIM IoT Technology #eSIM technology #phone #hotel phone system #colorado phone system #voip #hotel voip technology #telephone system #voip phone system #voip pbx #voiceware pbx

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mobiloitteptyltd · 11 months

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Mobiloitte’ IoT Application Development Services in South Africa Empower homes across South Africa with the future of smart living through Mobiloitte's IoT application development services. Our experts utilize IoT technologies like MQTT, IoT protocols, and cloud integration to create intuitive, energy-efficient, and secure smart home solutions. Experience heightened comfort, convenience, and energy savings. Choose Mobiloitte for cutting-edge IoT applications that enhance lifestyles across the nation.

#IoT Development Solutions #Integrating IoT #IoT Services #IoT & Emerging Technologies #IoT Solutions for Smart Applications #IoT Division #Product Development Channel #IoT Automation Solutions #IoT systems #IoT Solutions for Education #iot in gaming #iot in biotechnology #iot solutions for hotels #iot in hospitality industry #smart home iot solutions #iot solutions for transportation #blockchain iot app development company #blockchain iot software development company #IoT application development services

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versatileitsol · 2 years

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Benefits of IoT Applications In The Healthcare Industry

New technologies are quickly filling up the healthcare sector. The ability of hospitals, doctors, and service providers to provide high-quality healthcare services in order to enhance patient outcomes is constrained by escalating healthcare difficulties, such as the growth in chronic illnesses and the aging global population.

They have come to the doors of cutting-edge technologies like the Internet of Things (IoT), artificial intelligence, machine learning, and data analytics as a result of these issues. IoT is the one that has the most caught the eye of healthcare service providers.

What does IoT mean for Healthcare?

IoT solutions for healthcare are being implemented or are being researched by more than 60% of healthcare companies globally. In the upcoming years, a large rise in the number of individuals and healthcare professionals adopting IoT-connected devices for health monitoring is anticipated. Some of the issues that have arisen in healthcare throughout the years may be resolved by the Internet of Things. For example, low rates of drug compliance, a lack of instruments for treatment management, poor patient monitoring, and a professional skills gap.

Benefits of IoT Applications in the Healthcare Industry

Smartens Up Hospitals

The use of IoT in healthcare allows for continuous and precise patient health tracking. In addition to this, there are a number of other ways that IoT improves the performance of the healthcare sector. Asset management represents one of the components. Wheelchairs, oxygen concentrators, defibrillators, nebulizers, and other monitoring devices are all regularly tracked to know where they are in real time. These IoT sensors enable hospital administrators to track their real-time whereabouts in a matter of minutes.

Transparency of Insurance Claims

One of the upcoming significant things is likely to be the expanding healthcare regulations combined with IoT connection. Why? This is due to the fact that many people make up medical conditions in order to get the most out of their insurance money. It implies that the insurance company will suffer a loss. As a result, insurance firms may use the data collected through top-notch health monitoring devices for underwriting and claim procedures due to the clear validity of the IoT-driven data. Such methods would make it simple to identify fraudulent claims. The insurer will thereafter be able to locate unsuitable applicants for underwriting.

Maintains A Record Of Your Patients

These days, wearables as well as other smart sensing technology allow doctors or personal nurses to evaluate the health of their patients remotely. The IoT sensors built into this equipment let the doctors follow the patient’s medical diagnostic state efficiently. It is simple to organize the patient’s treatment program and to keep an eye out for those who need emergency medical attention. Many patients at a hospital are in need of various types of medical care.

IoT makes it easier to maintain an organized and hassle-free database of each patient’s prior medical history, present medical needs, and potential future medical support.

Supports Medical Research

Medical research takes many years to complete, and IoT may greatly speed up this process. It is as a result of the data on medical conditions that may be utilised for statistical analysis. As a result, IoT not only reduces research time but also associated costs, making it possible for larger and more effective medical research and therapies.

Wearables are now the most popular smart gadgets in use for healthcare. However, they are not the most helpful when it comes to research labs. Modern laboratories need sophisticated monitoring equipment that can keep an eye on anything from lab temperature to CO2 leakage. The appropriate authorities are informed right away if any irregularity is found.

Creating Healthier Cities

Almost over half of the world’s population lives in cities, which are remarkably diverse systems. Millions of people live happy lives, choosing modes of transportation, sitting in traffic, and bike riding through parks. The addition of weather to this already complicated mix of individual and group activity results in more intricate patterns of air quality that alter daily.

We require real-time information on all scales in order to comprehend the patterns of air quality throughout the cities and how they influence the urban population. Here, IoT systems deliver real-time data from various points around the cities, pointing towards smart city initiatives. The decision-makers for creating healthier cities will be better equipped with a higher resolution image of the air quality.

How Cost-Effectively Can IoT Healthcare Solutions Be Implemented?

IoT in healthcare ultimately aims to improve patient health, empower medical professionals, and reduce costs for everyone involved. You may create a low-cost IoT sensor network with a dependable technology partner.

Reduced expenditures, clearly defined roles and functionality for sensors, and sending and receiving data only when necessary are just a few of the foundations of cost efficiency that may be used to the creation of IoT apps for healthcare. In order to accomplish all of this, you must work with your technology partner to design an efficient IoT app development strategy and application architecture.

IoT In Your Health Sector?

In conclusion, we can say with certainty that IoT has fundamentally altered the healthcare sector. With the exception of the Internet of Things, among the most important industrial areas is healthcare. Additionally, the delivery of services and facilities in the healthcare industry has altered as a result of IoT app development.

Hire IoT developers, set up a project, and take a step towards creating the healthcare of the future if you want to take advantage of this change. There are several reputable IoT development businesses that have been offering a variety of IoT development services, but very few of them consistently meet or exceed customer expectations.

Versatile Mobitech has skilled IoT developers that are now working on several IoT-based healthcare software projects.

For a FREE consultation, Visit Versatile Mobitech

#mobile app development company hyderabad #mobile app developers in hyderabad #IoT in Healthcare #IoT Healthcare solutions

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blowhorn39 · 2 years

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2023 Wrapped: Here Are Top 10 Logistics Trends That Defined The Year

2023 has been a year of new beginnings for the Indian logistics industry. It is the year logistics companies bounced back from the post-pandemic slump and set out to recover from their losses. The year also witnessed a steady growth in eCommerce, with the spotlight on quick commerce and last mile logistics. The later part of 2023 saw the government extending generous support to digital commerce and logistics, through initiatives like Open Network for Digital Commerce (ONDC) and National Logistics Policy (NLP).

Looking back, we can confidently assert that 2023 has been a good year for India’s logistics sector. From the increased focus on supply chain sustainability to extensive experimentation with drone deliveries, here are the top trends that defined logistics this year.

1. Greener transportation and supply chain

The amount of greenhouse gases generated by India’s transportation sector has nearly tripled since the 1990s, accounting for over 14% of our total energy emissions. The problem is quite severe if we take into account the massive carbon footprint left by India’s booming supply chain.

In 2022, there was a rise in awareness around cleaner and greener logistics practices, with a nudge on electrifying India’s cargo transportation. Logistics and transportation startups unveiled their fleet of electric (EV) and clean energy vehicles. At Blowhorn, we converted 30% of our fleet to clean fuels and took the pledge of running 100% of our fleet on clean energy by 2025.

In addition, other green practices like solar-powered warehousing, eco-friendly packaging and paperless invoicing were also adopted widely.

2. Third party logistics

The concept of third-party logistics (3PL) took off in India only a few years back. In 2022, India’s 3PL market reached a staggering $58.4 Bn in valuation, with a projected annual growth of 7.42%.By 2027, the market is estimated to reach more than $83.53 Bn.

The 3PL market is primarily driven by manufacturing, FMCG, retail and eCommerce sectors — all of which experienced commendable growth this year. Keeping in mind the needs of the modern Indian entrepreneur, 3PL service providers are also improving their operational speed with the incorporation of technology.

In the coming days, development of infrastructures like logistics parks, dedicated freight corridors, free trade warehousing zones, and container freight stations are expected to improve the efficiency of the Indian 3PL market.

3. Higher investment in technology

With higher investment technology seeping into eCommerce, retail, education, hospitality, finance, and all other sectors, why should logistics be left behind? With increasing market demand for superfast delivery, Indian logistics startups invested more on modern technology to boost their operations.

Experts believe that India is headed towards a technological revolution in logistics. Tech like Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT) are optimally benefitting the supply chain in terms of seamless management, improved route planning, warehouse automation, digital payments and much more.

At Blowhorn, we are already speeding up our deliveries with AI-powered route optimization software. Our automated warehouse management system helps in seamless handling of stored inventory and order dispatch, while we offer a real-time tracking system for all our orders. We have also adopted novel technologies like geo-fencing to reduce the menace of fake delivery attempts.

4. LaaS (Logistics as a Service)

We are well-acquainted with Software as a Service (SaaS) companies. This year saw the emergence of companies following a similar model in fulfillment, offering Logistics as a Service (LaaS). Ideally, this presents a plug and play model for your business’s logistics needs, which you can avail via a simple integration with your 3PL partner.

Blowhorn has set the ball rolling for LaaS in India, offering end-to-end logistics solutions with warehousing, transportation and hyperlocal delivery.

5. Greater supply chain transparency

With rising consumer concerns, logistics stakeholders worked towards improving supply chain visibility and transparency in 2023. Companies are striving to become more transparent with regards to the sustainability of their supply chains. Globally, 2023 saw more companies offering insights on their labor practices, job creation, sourcing methods and compliance with regulatory requirements — in a bid to enhance their brand image among the conscious modern consumer.

6. Blockchain in last mile logistics

While AI is helping to improve speed and efficiency, blockchain has been deemed as a viable solution for more transparency and visibility in last mile logistics. In India and abroad, companies have started incorporating blockchain to optimize the last mile deliveries. The technology has found best use in high value inventory tracking, secure invoicing and payments, fraud detection, improved supply chain transparency, dispute resolution and creating a fair freight marketplace.

With the launch of Open Network for Digital Commerce (ONDC) by the Indian government, there is hope that we will witness further adoption of blockchain in the digital commerce and logistics space. In fact, ONDC itself is a blockchain-based protocol which aims to create a fair and transparent marketplace for small and medium-sized businesses across India. With Blowhorn being one of the early participants of ONDC, we too are waiting and watching the best use case for blockchain in our fulfillment services in the near future to help our customers.

7. Micro-fulfillment > Traditional Warehousing

2022 saw a rise in demand for same day delivery, which is quite difficult to fulfill if your inventory is stocked in a warehouse far away from the customer's location. The longer the delivery distance, the more the delivery time — a simple thumb rule to keep in mind.

This is why top in 2023 opted for micro ecommerce-fulfillment centers or micro-warehouses. The concept of micro-warehousing follows a just-in-time inventory management approach, with goods never staying here for more than a day. The limited inventory is stocked in a network of collocated storehouses at high-demand pincodes. Not only does the process help in reducing a brand’s capital spend on inventory, but it also improves efficiency and decreases resource wastage.

Much before the pandemic, we launched India’s first micro-warehouses or micro-fulfillment centers as an experiment in 2018. Now we maintain an expansive network of micro-warehouses across 28 cities of India. Read this article to find out why more eCommerce startups are choosing micro-fulfillment in 2023-24.

8. Automation in shipping

When it comes to automation in shipping, the process works on a predefined pathway involving packaging, warehousing, material handling and security. In India, the adoption of automation in logistics and shipping has been steadily increasing since the pandemic.

In 2023, 3PL fulfillment companies like Blowhorn incorporated automated solutions to boost efficiency by** reducing overhead costs** and time, streamlining the supply chain and minimizing the chances of manual errors.

9. Extensive focus on hyperlocal logistics

2023 saw a high growth in the hyperlocal space with the emergence of newer players in the quick commerce sector. Meanwhile, eCommerce giants and existing logistics players focused more on faster deliveries to not miss out on their customer needs.

Improved internet penetration led to the growth of fast fulfillment in suburbs and rural belts, thus creating a need for hyperlocal elements like dark stores, micro-ecommerce fulfillment centers along with local delivery jobs.

At Blowhorn, we have developed a platform-agnostic technology to be able to integrate with a wide range of businesses ranging from D2C, marketplaces and omni channel players. Our hyperlocal strategy is defined by AI-based dynamic route planning, real-time order clubbing, automated warehousing, blockchain and even drone deliveries. We are aiming to build a sustainable hyperlocal delivery system to tackle small profit margins, high overhead costs and ever-evolving consumer expectations.

10. Experimentation with Drone Deliveries

Delivery by drones is not new. The idea has been widely explored by logistics providers across India but is yet to be adopted at scale. The idea of mapping a three-dimensional delivery route via drones holds immense potential and has excited the Indian government authorities as well. Jyotiraditya Scindia, the Union Minister for Civil Aviation, has stated the administration’s objective to turn India into a major drone hub by 2030.

Leading logistics players like Blowhorn and others are already chalking out the blueprint to make drone delivery an everyday reality. Gartner predicts that by 2026, more than one million drones will be carrying out retail deliveries, up from 20,000 today. Last year, the Indian government also released the draft of The Drone Rules, 2021, aiming to liberalize drone delivery while fulfilling the safety regulations. Autonomous last-mile delivery via these mini flying machines will significantly determine the growth trajectory of Indian logistics in the upcoming future.

#blow horn #rent monthly #ecommerce #ecommerce fulfillment companies

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strangemusictriumph · 2 years

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IoT Insurance Market - Forecast (2022 - 2027)

The Global market for Iot Insurance is forecast to reach $3,123.3 million by 2026, growing at a CAGR of 18.7% from 2021 to 2026. IoT-Connected insurance uses the data from internet-connected devices and telematics to improve the understanding of risks. It is a new approach that is based on use of sensors and digital technologies to monitor the state of an insured risk transforming rough data in usable and actionable information. Advances in IoT insurance can improve the productivity, overall profitability of the business and the risk profile of the portfolio. Through IoT, insurers can better connect with customers adding important touch points in particularly sensitive phases like acquisitions and claims. It is observed that automation can cut the cost of the claims process by as much as 30% and IoT connected devices have helped some life insurance and health insurance companies lower their premiums by as much as 25%.

Report Coverage

The report: “Iot Insurance Market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Iot Insurance market. By Type – Health Insurance, Life Insurance, Property and Casualty Insurance and Others. By Application – Life and Health Insurance, Home and Commercial Buildings, Automotive and Transportation, Business and Enterprise, Consumer Electronics and Industrial Machines, Travel, Agriculture and Others. By Geography - North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle East and Africa)

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Key Takeaways

Advances in IoT insurance can improve the productivity, overall profitability of the business and the risk profile of the portfolio.

IoT technology presents opportunities for insurers to reduce and mitigate losses, improve underwriting and enhance personalization of products and services.

Automation in insurance can cut the cost of claims process by as much as 30%

North-America is expected to hold a significant share in the IoT Insurance market due to growing awareness and faster adoption of IoT technology.

IoT Insurance Market Segment Analysis - By Type

The most important type of insurances are life insurance and health insurance which accounted for 44% share combined in 2020. Life insurance is something that pays out a sum of money either on the death of the insured person or after a set period. On the other hand health insurance covers the cost of hospitalization, visits to the doctor’s office and prescription medicines. The rising usage of digital technologies in this sector will drive market growth.

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IoT Insurance Market Segment Analysis - By Application

IoT insurance is applicable to almost all industries like automobile, manufacturing, agriculture, healthcare, hospitality, retail, finance, transportation and smart homes and buildings. Automotive industry is one of the industries most benefited after introduction of IoT. IoT devices such as in-car sensors, smartphones, and smart appliances can send insurers data on product usage and driving habits among other behaviours. In turn, this data will be fed into AI algorithms that allow insurers to offer risk based pricing and other popular services.

IoT Insurance Market Segment Analysis – By Geography

North America held the largest market share at 35% in 2020 among regional markets due to increasing awareness and rapid implementation of IoT in various industries in countries in this region. In addition, rising use of smart devices which deliver real-time insights to allow insurance companies in this region develop advanced insurance solutions. And also presence of international players in this region such as Google LLC, Microsoft Corporation, IBM and other drives the market in this region.

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Iot Insurance Market Drivers

Mitigation of risk

In traditional method, insurers have used proxy data to identify the risk of loss for an asset. Internet of things (IoT) gives insurers access to real-time, individual, observable data on an asset’s risk of loss. This data is directly actionable for risk pricing and mitigation. IoT sensors monitor the behavior and actions which are causative of risk so that insurers can create algorithms based on observed behavior directly to pricing models. In this way insurers can similarly leverage this data for risk mitigation by providing timely and specific feedback to customers.

Rising demand for cloud services

The insurance industries dealing with huge volumes of sensitive data and documents are ready to integrate cloud technology in to their digital eco system. It enables insurers to use their IT resources more efficiently, reducing the cost of acquiring and maintaining infrastructure. Cloud based applications change the way of creating and delivering their products and services, managing risks and claims, collaborating with channel members and partners and communicating with customers, agents and brokers. Thus, cloud services in the insurance industry helps drive the market growth.

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Iot Insurance Market Challenges

Data privacy and security

Data privacy and security is utmost important when it comes to technology. IoT comes along with cyber-risks, in fact, much more than any other technology. Meaningful customer engagement would require the insurer to collect and process data at each point, facilitated by IoT. Without establishing the trust it would be difficult to obtain personal data from customers. A significant amount of data is generated from the application of connected devices from wearable devices to connected homes and telematics devices in smart vehicles. Most of the customers are skeptical about their personal data remains secured and how it is utilized by insurers.

Iot Insurance Market Landscape

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Iot Insurance market. The Iot Insurance market is dominated by major companies such IBM Corporation, SAP SE, Oracle Corporation, Google Inc., Microsoft Corporation, Cisco Systems Inc., Accenture PLC, Verisk Analytics Inc., Concirrus, LexisNexis.

Acquisitions/Technology Launches/Partnerships

In Oct 2020, LexisNexis and Yonomi Smart Home have joined forces to develop an innovative turnkey home insurance internet of things (IoT) solution. It includes a smartphone app that participating policy holders can download the app which uses smartphone and device sensors to find common IoT devices in the home, which creates a data feed to LexisNexis risk sloutions.

In May 2019, Concirrus and willis Re, has entered in to strategic partnership to transform speciality re-insurance products by leveraging data from internet of things (IoT).

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#IoT Insurance Market #IoT Insurance Market size #IoT Insurance industry #IoT Insurance Market share #IoT Insurance Market report #IoT Insurance Market price #internet of things

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