We are at the dawn of a fundamental new approach to healthcare: preventive and personalized care. A new focus on wellness and preempting medical problems is replacing the reactive approach of treating illnesses when they arise. The Internet of Things (IoT) is a crucial driver behind this change.
According to the SAP eBook, Connected Care: The Digital Pulse of Global Healthcare, the IoT is providing innovative ways of responding to critical healthcare challenges. Healthcare providers, insurers, and the pharmaceutical industry are rushing to harness the IoT and other modern technologies in order to drive insight from data and reimagine the way they operate.
At the same time, entirely new business models are starting to emerge within the healthcare industry as organizations form new alliances to meet these challenges and opportunities head-on.
Stretching healthcare limits
One organization pushing the healthcare envelope is Human Longevity Inc. (HLI), which is using multiple digital technologies coupled with data analysis initiatives to help predict what diseases a person is likely to develop and ultimately provide what they call a “longevity road map.”
HLI’s Health Nucleus does this through a series of medical tests, including whole genome sequencing, in which the company sequences all 3.2 billion letters in a person’s genome and repeats it 30 times to minimize errors, amounting to about 113 gigabytes of data. This, in addition to data they gather from about eight other tests, totals approximately 150 gigabytes of data for each person they monitor.
This enormous amount of data is then processed by machine learning techniques and medical experts in order to create an integrated healthcare report, which includes an analysis of a person’s current health and predicts future health conditions. This proactive and personalized healthcare approach aims to help prevent diseases before they take hold.
Converging technologies enable innovation
The extent of this type of healthcare testing is possible only because of digital transformation. HLI says the falling cost of technology, as well as the convergence of digital capabilities such as quicker whole genome sequencing, machine learning, new imaging technologies, plus vast data transmission and storage ability, make this extensive testing possible in today’s digital era.
This is just one example of the digital expansion in the healthcare sector. I’m curious to see what the future of healthcare technology has to offer.
For an in-depth look at how digital technology is changing the face of healthcare, download the SAP eBook, Connected Care: The Digital Pulse of Global Healthcare.
For more information on how the digital age is affecting business, download the SAP eBook, The Digital Economy: Reinventing the Business World.
Discover the driving forces behind digital disruption in the SAP eBook, Digital Disruption: How Digital Technology Is Transforming Our World.