The digital health market for self-care technologies (gadgets and tech-enabled services such as sensor-based activity trackers, wearable patches, mobile applications, and personal health devices) represented US$4 billion invested in 2014 and 95 companies acquired for more than US$20 billion. The adoption of these solutions by patients, especially by baby boomers, can make healthcare costs sustainable and improve patient care outcomes. Examples of self-care and mobile health solutions are substituting remote consultation for ER visits, self-care for remote consultation, or smartphone apps for remote and in-person consultation. In the near future, mobile health technologies will be pre-configured, loaded with data and delivered to boomers, as well as reimbursed by governments. Companies with access to people’s homes will incorporate sensors. Watches will replace clip-on wearables, and predictive analytics will be proven to improve care and avoid costs.
Automation: A case study for preventing third party contract leakage
When an organization spends hundreds of millions of dollars per year on third-party contracts, 5% contract related cost leakage rate can add up. And yet, countless companies face this exact challenge.
The jobs are alright
There’s no question that AI has the potential to replace vast numbers of human jobs and completely reshape the workforce as we know it. Not only is this already occurring, but it’s kind of the point. Technologies like robotic process automation (RPA), cognitive, and AI are designed to be better than humans at knowledge-based tasks—which isn’t necessarily a bad thing.