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Big Data analytics and business model innovation in healthcare

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“You do not need to be literate in order to know technology.” On this note, Akbar Ladak, Senior Consultant & Innovation Evangelist – CTO Office, Wipro Infotech, talked about innovations in the healthcare sector and Wipro’s contribution towards the same.

According to Ladak, nanotechnology was going to change the way that healthcare was provided in India. Wipro has been developing products for this sector. It has come up with a sticker-based solution that can be worn by women who are at the end of their pregnancy in order to monitor their heartbeat and other vital statistics. It can also be worn at the outset. “This can be monitored on a tablet, desktop etc over a wireless network,” said Ladak.

He made a case that business process engineering was required in every sector and that healthcare was no exception to this rule. “Wipro is ready to help change healthcare. The business models need to change with the specifications for what will be manufactured and by whom. We are designing business models to meet fresh challenges. We would launch a cardiac monitoring machine soon,” he said.

From patient providers to caretakers, the healthcare industry will see a sea change. With this the pressure on data will also rise, which is expected to grow to about 50 zettabytes or 50 trillion gigabytes by 2020.

All of these devices will create data on a 24×7 basis. However, researchers and doctors can conduct analysis on this data to formulate reports and solutions. “We at Wipro help in asset utilization and leverage remote patient monitoring,” Ladak concluded.

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