Charting a new era of Smart Hospitals and IoT-powered connectivity in Healthcare
Just a few years ago, the concept of smart hospitals and IoT connectivity sounded like science fiction. The past few years has seen an exponential increase in the capabilities of health technologies, heralding a different model of healthcare: Hospital 4.0. Leveraging on technologies such as big data, artificial intelligence and machine learning, we can’t deny that medical environments and equipments are becoming increasingly connected. With these technologies becoming more prominent in the healthcare industry, it is set to form the bedrock of the smart hospital.
Optimising Operational Efficiency through Industrial IoT solutions
Operational Efficiency is a goal industrial companies strive towards. Businesses face operational challenges such as asset accountability, operational disruptions and safety issues on a daily basis. To minimise the costs of these issues, industrial companies have to find ways to make their operations more efficient. The advent of RFID technology has given businesses the opportunity to increase their operational productivity through accurate, real-time inventory visibility.
Moving towards a more efficient management of RTIs
Enterprises spend a lot of time, money and effort tracking RTIs using manual methods or barcode-based systems. Existing methods of tracking (manual & barcode-based tracking systems) have their own limitations, bringing about inefficient management of RTIs. However, the rise of cloud computing and the push towards RFID-enabled IoT solutions have presented companies with the opportunity to solve these problems. To gain a deeper understanding on the matter, we shall look at some of the primary issues surrounding the management of RTIs:
Accelerated Growth of the Surgical Instrument Tracking Market
According to a report by Grand View Research, the global surgical instrument tracking systems market is expected to reach USD 442.9 million by 2025. The Surgical Instrument Tracking Market has experienced exponential growth rates in recent years, driven by the impact of the UDI regulation and rising need for inventory management. There has been an increasing adoption of medical devices and instrument tracking products by private and public hospitals as they have to deal with a hosts of challenges such as vast inventory management and tracing of instruments and medical devices during surgical operations.
Re-shaping the industry through IoT-empowered Digital Transformation
“Digital Transformation” is the latest tech-related buzzword to take storm in the industrial sector. The increasing prominence of IoT in recent years has given companies the bandwidth to reshape their operational processes and undertake digital transformation. As the movement towards Industry 4.0 goes into full swing, digital transformation is at the forefront of that wave, empowering companies with IoT capabilities to re-think existing industrial processes.