Digital Lifescapes

Healthcare sector innovation tends to progress at a slow pace, due to a number of historical factors that inhibit agility. For example, the Smart Home healthcare market continues to grow and evolve, but the scale of the opportunity remains under-penetrated. Last year, new smart home healthcare shipment and service revenues grew 25 percent to reach $22.9 billion worldwide, but that growth rate may be hard to sustain, despite the potential for further growth. According to the latest worldwide market study by ABI Research, new smart home healthcare shipment and service revenues will reach $26.5 billion in 2023 -- that's up by 15 percent from 2022. Smart Home Healthcare Market Development Smart home healthcare, encompassing connected home care, remote patient monitoring, and social robotics, can improve the health and care of the most vulnerable while reducing staffing and other costs. It also represents an opportunity for a host of players from smart home vendors and beyond to extend ...

In hindsight, a CEO's incessant quest for a "return-to-normal" business environment now seems odd. Today's global economy is unforgiving to the leaders who are unwilling to take remedial action in response to significant market disruptions. Clearly, applying a legacy status-quo mindset is unwise. Furthermore, long before the COVID-19 pandemic erupted, some enterprise employers already had concerns about their declining employee engagement. And, a few policymakers warned that moving essential manufacturing to the lowest-cost foreign provider was very risky. Regardless, it appears that "common sense" risk appraisals were relatively uncommon. Global Pandemic Ongoing Impact Assessment Executives are now very concerned about their ability to deliver substantive value propositions that satisfy employees, and a subsequent inability to retain and recruit talent, according to Gartner's latest 'Emerging Risks Monitor' report. Talent risks topped pandemic-r...