Skip to main content

Telecom Providers Deliver Managed Healthcare Solutions

In most developed markets around the globe, there's a key trend that has been in motion for some time. The convergence of digital business technology and internet connectivity is disrupting, transforming and sometimes collapsing industries.

Technologies like cloud computing, enterprise mobility, big data and the Internet of Things are driving the surge in digital business transformation and rapidly accelerating the pace of change.

"Customers are no longer interested in silo-based apps or services. They demand holistic, end-to end solutions for their connected lives and companies understand the importance of convergence for those solutions to materialize, thus creating partnerships between many sectors," said Andrew Milroy, senior vice president at Frost & Sullivan.

Milroy says connectivity is enabled by the proliferation of connected devices and digital technology enablers create disruptions in various commercial sectors that are already in transition, forcing convergence and thereby creating possibilities to build solutions for emerging demand.

Moreover, identifying new convergence areas could help to stimulate the development of new business models and new product development. For many business leaders in highly competitive industries, the best way to enable their forward-looking growth is to fully understand the convergence landscape.

Besides, Frost & Sullivan believes that digital technology is allowing the savvy leaders to totally rethink and radically improve their effectiveness, as they transform their organizations and core business processes to meet key stakeholder requirements.

With a culture of innovation, the progressive companies can turn these market disruptions into new opportunities -- but only of they're able to respond in a timely manner. Conversely, the laggard companies are likely to put their business at risk when they don't monitor disruptive changes in other industries and then learn how to innovate within their own realm.

Managed Healthcare Market Opportunities

Clearly, telecom service providers are well positioned to provide solutions to these emerging digital business application scenarios. Social trends, like aging societies, demand specific forward-thinking solutions around assisted-living.

As the cost of healthcare rises and leaders address the challenges posed by aging populations, greater focus must be placed upon preventive care and providing assistance within the home -- essentially creating the environment for managed aging-in-place.

Milroy said, "This new healthcare paradigm will see the hospital is coming to you rather than you going to the hospital, and there are huge new opportunities for information and communication technology (ICT) suppliers whose solutions will enable and drive this transformation."

Established telecom service providers, such as AT&T and Deutsche Telekom, have used the power of convergence in their connected home platforms -- called "Digital Life" and "QIVICON" respectively. Also, Google has evolved from their traditional business area to form new partnerships. This is merely the early stages of a series of related trends that are just beginning to unfold.

Popular posts from this blog

Hybrid Work: How to Enhance Employee Productivity

When you hire qualified talent for a key role and trust them to perform, you'll likely achieve the best outcome. Skilled and experienced people will deliver results, regardless of the challenges. That's a key lesson learned from the pandemic experience as most knowledge workers were asked to work from their homes. However, some resist returning to an open-plan office. It's unacceptable. Meanwhile, forward-thinking leaders decided a "return to normal" is undesirable, and in hindsight, everyone should aspire to be more accomodating than before. Therefore, location flexibility is okay. Hybrid Workforce Market Development How will people adapt to these changes? They'll apply the modern IT tools at their disposal. They'll learn new skills and thrive. Nearly 80 percent of employees are now successfully using online collaboration tools for work in 2021 -- that's up from just over half of workers in 2019, according to the latest market study by Gartner. This g

Mobility-as-a-Service Creates Disruptive Travel Options

Building on significant advances in big data, analytics, and the Internet of Things (IoT), more innovative transit service offerings aim to increase public transport ridership and reduce emissions or congestion within metropolitan areas. By providing these services through smartphone apps, the transit services also significantly increase user convenience, providing information on different human mobility offerings -- including public transport, ridesharing, and autonomous vehicles. Mobility-as-a-Service Market Development According to the latest market study by Juniper Research, Mobility-as-a-Service (MaaS) subscribers will generate $53 billion in revenue for MaaS platform providers by 2027 -- that's rising from $5.3 billion in 2021. Let's start with a basic definition. MaaS is the provision of multi-modal end-to-end travel services through single platforms, by which users can determine an optimal route and price. The study identified a monthly subscription model as key to incr

Upside for New 5G Network Transport Infrastructure

The global mobile communication sector is in the midst of a significant network infrastructure upgrade to support the introduction of new high-bandwidth and low-latency broadband service offerings.  Telecom service provider data centers have an important role in fifth-generation (5G) network deployments. Providers undergoing their transition to Stand-Alone (SA) 5G must understand the technical demands of telco data centers and the key enablers of those offerings. According to the latest worldwide market study by ABI Research, the major prerequisites of 5G and the emerging transport solutions would help operators position themselves to successfully capitalize on the new revenue opportunities from delivering differentiated 5G connectivity services. 5G Transport Network Market Development "The rise of the telco data center has a high degree of confluence with the requirements of SA 5G architectures. SA 5G and its increasing reliance on telco data centers can be attributed to the incr