This paper takes a unique look at the online consumer interest in health information and products during a unique moment - the COVID-19/coronavirus pandemic of 2020. The present research examines Glimpse’s data on consumer interest levels in a wide variety of health topics, products, and services during March 2020, the month when the COVID-19 outbreak brought much of American life and the U.S. economy to a standstill. Through an analysis of the trend data on the health information sought out online during this critical period, the author provides insights into the consumer behavior demonstrated by Americans in light of the pandemic.
Nielsen 10 mar - key-consumer_behavior_thresholds_identified_as_the_coronav...Sebnem Ozdemir
Nielsen identified 6 thresholds of consumer behavior related to concern about the coronavirus outbreak: 1) proactive health buying, 2) reactive health management, 3) pantry preparations, 4) quarantine preparations, 5) restricted living, and 6) return to normal. The article analyzes consumer spending patterns in various countries as they progressed through these thresholds, finding that major news events drive spikes in purchases of health products and shelf-stable foods. By studying these patterns, retailers can better prepare for changing demand as other regions and countries move through the thresholds.
Information Advantage Group Newsletter May 2011HIMSS
Information Advantage Group's Healthcare Digest focuses on emerging models for healthcare delivery from hospitals to consumers. It provides concise, essential news and information on trends, ideas, technology, and resources. Digital media is the primary platform for news, with 41% of people getting information online and 46% accessing news digitally at least three times weekly. Telehealth and remote monitoring are growing areas, as seen in the VA's expansion of these services through large contracts.
Big data has the potential to significantly impact healthcare and medicine by enabling the discovery of patterns within vast amounts of data. For the first time, adequate computing power and machine learning algorithms exist to analyze both structured and unstructured data at scale. This could lead to innovations like predicting disease outbreaks from search engine or social media data, and more personalized medical treatment based on a patient's individual risk factors and data patterns over time. However, big data in healthcare remains roughly defined and raises concerns around data privacy and security that must be addressed. If these challenges can be overcome, big data may help fuel major advances in areas like predictive medicine, medical decision support, and a shift towards more proactive and customized care models focused on the patient.
Latest nationwide health report shows i.a. some improvements in infant mortalityΔρ. Γιώργος K. Κασάπης
The latest national health report is out from the CDC. Here’s what you need to know:
•Infant mortality: Overall, the infant mortality rate in 2017 was 14% lower than in 2007. At the same time, the rate was 170% higher among black infants than infants born to Asian or Pacific Islander mothers.
•Use of cigarettes: Although the number of high schoolers who used tobacco cigarettes decreased between 2011-2018, the use of e-cigarettes increased by nearly 20%.
•Prescription drugs: The proportion of Americans taking five or more prescription drugs nearly doubled between 1999-2016. In 2017, some 12% of adults who were 100%-200% below the federal poverty level reported not getting prescribed medicines due to cost.
Economic and sectoral impact of covid pandemicRajivRoy28
Presentation studies the Impact of COVID on Different Sectors of Indian Stock Market. Article observes significant changes in Indian Industrial Sectors in the wake of COVID 19 Pandemic.
Engaging patients through social media imshealth 2014Georgi Daskalov
The document discusses the rise of social media in healthcare and its impact. It notes that while social media usage is growing, it still lags among older patient populations. Regulators have been slow to provide guidance on social media. Pharmaceutical companies have also been slow to embrace social media, but smaller companies and those in consumer healthcare are leading the way. Further investigation is needed to fully understand the impact of social media on healthcare decisions and outcomes.
The Impact and Use of Social Media in PharmacovigilanceCovance
This white paper examines how the influence and reach of the internet and social media can be harnessed to drive valuable outcomes for the PV industry. In this paper, we look at available regulatory guidelines, current state and future considerations for use of social media in PV, possible areas of influence, expected challenges, potential solutions and next steps.
How can you make a better business decision during COVID-19 outbreak?Siriwan Siriwangsanti
The objective of this report is to gather publicly available information for the purpose of helping marketers make better business decisions in time of a recession.
This is not an opinion piece and therefore does not contain an explicit analysis of the views presented. This presentation is merely consolidated information from Kantar Worldpanel, Nielsen, WARC, attentive, Deloitte, Global Web Index, and articles from publishers
Nielsen 10 mar - key-consumer_behavior_thresholds_identified_as_the_coronav...Sebnem Ozdemir
Nielsen identified 6 thresholds of consumer behavior related to concern about the coronavirus outbreak: 1) proactive health buying, 2) reactive health management, 3) pantry preparations, 4) quarantine preparations, 5) restricted living, and 6) return to normal. The article analyzes consumer spending patterns in various countries as they progressed through these thresholds, finding that major news events drive spikes in purchases of health products and shelf-stable foods. By studying these patterns, retailers can better prepare for changing demand as other regions and countries move through the thresholds.
Information Advantage Group Newsletter May 2011HIMSS
Information Advantage Group's Healthcare Digest focuses on emerging models for healthcare delivery from hospitals to consumers. It provides concise, essential news and information on trends, ideas, technology, and resources. Digital media is the primary platform for news, with 41% of people getting information online and 46% accessing news digitally at least three times weekly. Telehealth and remote monitoring are growing areas, as seen in the VA's expansion of these services through large contracts.
Big data has the potential to significantly impact healthcare and medicine by enabling the discovery of patterns within vast amounts of data. For the first time, adequate computing power and machine learning algorithms exist to analyze both structured and unstructured data at scale. This could lead to innovations like predicting disease outbreaks from search engine or social media data, and more personalized medical treatment based on a patient's individual risk factors and data patterns over time. However, big data in healthcare remains roughly defined and raises concerns around data privacy and security that must be addressed. If these challenges can be overcome, big data may help fuel major advances in areas like predictive medicine, medical decision support, and a shift towards more proactive and customized care models focused on the patient.
Latest nationwide health report shows i.a. some improvements in infant mortalityΔρ. Γιώργος K. Κασάπης
The latest national health report is out from the CDC. Here’s what you need to know:
•Infant mortality: Overall, the infant mortality rate in 2017 was 14% lower than in 2007. At the same time, the rate was 170% higher among black infants than infants born to Asian or Pacific Islander mothers.
•Use of cigarettes: Although the number of high schoolers who used tobacco cigarettes decreased between 2011-2018, the use of e-cigarettes increased by nearly 20%.
•Prescription drugs: The proportion of Americans taking five or more prescription drugs nearly doubled between 1999-2016. In 2017, some 12% of adults who were 100%-200% below the federal poverty level reported not getting prescribed medicines due to cost.
Economic and sectoral impact of covid pandemicRajivRoy28
Presentation studies the Impact of COVID on Different Sectors of Indian Stock Market. Article observes significant changes in Indian Industrial Sectors in the wake of COVID 19 Pandemic.
Engaging patients through social media imshealth 2014Georgi Daskalov
The document discusses the rise of social media in healthcare and its impact. It notes that while social media usage is growing, it still lags among older patient populations. Regulators have been slow to provide guidance on social media. Pharmaceutical companies have also been slow to embrace social media, but smaller companies and those in consumer healthcare are leading the way. Further investigation is needed to fully understand the impact of social media on healthcare decisions and outcomes.
The Impact and Use of Social Media in PharmacovigilanceCovance
This white paper examines how the influence and reach of the internet and social media can be harnessed to drive valuable outcomes for the PV industry. In this paper, we look at available regulatory guidelines, current state and future considerations for use of social media in PV, possible areas of influence, expected challenges, potential solutions and next steps.
How can you make a better business decision during COVID-19 outbreak?Siriwan Siriwangsanti
The objective of this report is to gather publicly available information for the purpose of helping marketers make better business decisions in time of a recession.
This is not an opinion piece and therefore does not contain an explicit analysis of the views presented. This presentation is merely consolidated information from Kantar Worldpanel, Nielsen, WARC, attentive, Deloitte, Global Web Index, and articles from publishers
The rise of digital technologies has transformed healthcare by empowering patients through greater access to information via social media and mobile devices. While social media usage among older patients and those with chronic conditions still lags, it is growing rapidly. Social media plays a critical role throughout a patient's healthcare journey by expanding their ability to discuss health issues with others. However, more investigation is needed to fully understand the impact of social media on healthcare decisions and outcomes.
The 2nd lockdown in Europe is perceived as less challenging and disruptive than the 1st lockdown in spring. Purchase intent for new cars has dropped 13 percentage points since September across EU markets, while used car purchase intent has only dropped 2 points. Respondents plan to delay car purchases and spend less by requiring discounts on smaller cars. Mobility usage is down 7 points since September, with French and Italian respondents most affected. The aftermarket is also impacted, with a decrease in planned maintenance work. Overall, the automotive industry is experiencing reduced demand in response to the 2nd lockdown.
- Goldman Sachs lowered its estimate for India's economic growth in fiscal year 2021-2022 to 11.1% due to lockdowns imposed by various states to curb the spread of COVID-19.
- India Ratings projected overall corporate revenue growth of 6% in fiscal year 2022 over fiscal year 2020, noting that supply chains have been disrupted by the second wave of the pandemic.
- Barclays cut its forecast for India's GDP growth in fiscal year 2022 to 10% from 11% previously, and warned growth could fall further to 8.8% if lockdowns continue through August.
This document provides an overview of the health tech industry and key trends. It discusses how the industry has adopted digital technologies across areas like drug manufacturing, clinical trials, hospitals, and care services. The COVID-19 pandemic further increased adoption rates. The document analyzes funding and deal size data from the past 5 years to identify fast growing segments like telemedicine, anti-counterfeiting tech, and the rise of tech giants in healthcare investing. Post-pandemic, virtual consultations are expected to become more mainstream. The future of healthcare is predicted to rely more on technologies like artificial intelligence, digital tools, and data analytics.
Impacts of corona virus on e commerce in bangladeshFahimNeloy47
The document discusses the impact of the COVID-19 pandemic on e-commerce in Bangladesh. It notes that while e-commerce sites selling essential goods have seen increased sales, other sites have experienced negative impacts as the supply chain from China was disrupted. Customer behavior also changed as people turned to e-commerce for goods instead of physical stores due to lockdowns. However, the long-term impact remains uncertain and the industry will need government support to recover from losses.
Digital Therapeutics has shown the potential to address the unmet needs of patients. The ability of the companies to leverage the Therapeutics to address these gaps, much faster product development timelines, rising awareness and steps taken by governments has been a major market drivers.
The market has made significant progress in the past decade by harnessing technology to supplement or potentially replace traditional medical practices and therapies.
Visit https://insights10.com/ for more healthcare industry insights.
1) The document provides a weekly media update containing news related to Balmer Lawrie and other public sector enterprises (PSEs) from June 18-28, 2021.
2) It summarizes that a survey found 58% of Indian businesses were highly impacted and 38% were moderately impacted by COVID-19 lockdowns during the second wave.
3) Capital expenditures by large central PSEs reached 10% of their FY22 target for the first two months despite the second wave, aiming to meet the full year target by December.
Social Media in the pharmaceutical and medical device industries pre FDA rulesKevin Walsh
The document summarizes a panel discussion on using social media in the regulated healthcare industry from a global perspective. It discusses challenges like regulations, competition, and reputation management. While most countries allow disease awareness campaigns without product promotion, regulations vary globally for digital and social media use. The panel provides recommendations like developing social media policies, listening to online conversations, and using digital tactics cautiously integrated with other communications.
The document discusses Balmer Lawrie, a state-run company in India, and its joint venture Transafe Services that filed for bankruptcy. The resolution plan for Transafe Services submitted by Om Logistics to acquire the company for Rs. 49 crore was approved, with secured creditors taking an 87% haircut. It also mentions news about the Indian economy, including brokerages downgrading India's GDP growth forecasts for FY22 due to rising COVID-19 cases, retail inflation rising to a 4-month high in March, and wholesale inflation jumping to an 8-year high. The second wave of COVID-19 poses risks to India's economic recovery and privatization drive.
The Pharmaceutical Industry and Global Health--Facts And Figures 2017Muhammad Ali Jehangir
The pharmaceutical industry plays a crucial role in developing new medicines and vaccines through large investments in research and development. Developing a new medicine takes an average of 10-15 years and costs over $2.6 billion, with a high failure rate. In 2015, 56 new medicines were launched while over 7,000 compounds were in development. The research process involves screening thousands of potential compounds and conducting clinical trials with thousands of volunteers to test efficacy, safety and quality. Despite the challenges and risks, the industry continues to invest in innovation to improve global health.
This weekly media update from Balmer Lawrie provides summaries of recent news articles related to Balmer Lawrie's business sectors and PSEs in India. The articles discuss the economic impact of COVID-19, including a 3% decline in global trade in Q1 2020, India's GDP potentially contracting by 45% in Q2, a 60% drop in Indian exports in April, and projections of massive job losses and increased poverty in India due to the pandemic. Other articles cover topics like the government increasing its focus on strategic PSEs while privatizing others, plans to limit the number of PSEs per strategic sector, and measures to provide fiscal relief like reducing EPF contributions for private sector employers and employees.
- Oxford Economics and S&P Global Platts revised downwards their GDP growth forecasts for India in 2021 from 11.8% to 10.2% and cut India's 2021 oil product demand forecast by 9% respectively, citing the impact of India's escalating COVID cases and lockdown restrictions.
- The ADB raised its forecast for India's GDP growth in FY2022 to 11% assuming vaccines are deployed extensively and the second COVID wave is contained. However, S&P said the resurgence poses downside risks to GDP growth.
- Nomura's business resumption index declined to a one-year low, indicating weakening economic momentum, while lockdowns could reduce annual GDP growth by up to
Social Media and Health Care: A Global PerspectiveSpectrum
On January 27, 2010, Spectrum and Aurora presented a PRSA webinar on how to leverage social media in a regulated industry.
It is important for the health care industry to begin 2010 with a clear vision for embracing social media. In 2009, health care regulators finally started to address the issue - from the FDA's public hearings to the creation of a digital marketing working group by the UK's Pharmaceutical Marketing Society. There is no denying that consumers are constantly turning to the Internet as a source for health information. As communications professionals, we need to understand the opportunities, challenges and threats of the emerging digital world.
How health tech is redefining the future of biopharma and care deliveryΔρ. Γιώργος K. Κασάπης
Tech is making itself felt in every sector of health care. Companies like Google, Apple, Amazon, and Microsoft, and emerging players from the U.S. to China, are poised to transform everything from health care delivery to drug discovery. In this latest eBook STAT has curated a selection of stories that track these developments and examine their impact on hospitals, patients, and the bottom lines of companies around the world.
This document discusses the use of mobile phones for healthcare and public health initiatives, known as mHealth. It details the 12 main clusters of mHealth applications, including patient communication, access to web-based resources, point-of-care tools, disease management, education, and more. The document examines how widespread mobile phone ownership is globally and among different populations. It argues that mHealth offers opportunities to improve individual and population health as well as address disparities, but that barriers still exist that must be overcome for successful initiatives.
Future of Healthcare – Leadership Challenges
Further to several additional expert workshops this year, we are delighted to share an updated global perspective on the future of healthcare. Produced in partnership with Duke Corporate Education (http://www.dukece.com), this adds new insights on the pivotal shifts taking place across the sector plus viewpoints on some of the core implications for leadership. Topics include the growing power of data; the rising impact of urbanisation on health; increasing patient centricity; the need for more flexible organisations and the move of innovation activity eastwards.
Available as both this report and as an accompanying presentation (https://www.slideshare.net/futureagenda2/future-of-healthcare-15-october-2019-182433390) this is now being used to inform and provoke further debate around the world. As ever we would like to thank all those who have given their time and insight to contribute to this project.
Balmer Lawrie signed an MOU with KTDC to offer accommodation to customers at KTDC hotels and properties at discounted rates. Several agencies lowered their economic growth forecasts for India in 2020, with estimates ranging from a 4% contraction according to ADB to over 5% according to the IMF, due to the impact of the COVID-19 pandemic. Exports declined less sharply in May compared to April as economic activity began increasing with the easing of lockdown restrictions.
The World Bank has revised its global GDP growth forecast for 2021 upwards to 5.6% due to strong recoveries expected in the US and China. However, emerging markets and developing economies continue to struggle with the pandemic and its economic impacts. The World Bank cut India's GDP growth forecast to 8.3% for fiscal year 2021-22, down from its previous estimate of 10.1%, due to the negative effects of a severe second COVID wave in India. Several other organizations like Crisil have also lowered their growth projections for India amid concerns over reduced private consumption and investment.
CORONAVIRUS FEARS AND MACROECONOMIC EXPECTATIONSCarola BinAlleneMcclendon878
CORONAVIRUS FEARS AND MACROECONOMIC EXPECTATIONS
Carola Binder*
Abstract—The Federal Reserve cut interest rates on March 3, 2020, in re-
sponse to COVID-19. On March 5 and 6, I surveyed over 500 consumers
about their concerns about COVID-19, awareness of the Fed’s announce-
ment, and macroeconomic expectations. Most consumers were concerned
about effects of COVID-19 on the economy, their health, and their per-
sonal finances. About 38% were aware that the Fed had cut interest rates.
Greater concern is associated with higher inflation expectations and more
pessimistic unemployment expectations. I informed respondents about the
Fed’s announcement, which led some consumers to become more optimistic
about unemployment and revise inflation expectations downward.
I. Introduction
ON March 3, 2020, the Federal Reserve lowered the fed-eral funds rate target by 50 basis points to a range of 1%
to 1.25%. This was the first rate cut made outside of a regu-
larly scheduled Federal Open Markets Committee (FOMC)
meeting since 2008. The FOMC statement noted that “the
fundamentals of the U.S. economy remain strong. However,
the coronavirus poses evolving risks to economic activity … .
The Committee is closely monitoring developments and their
implications for the economic outlook and will use its tools
and act as appropriate to support the economy.”
In the press conference associated with the rate cut, chair-
man Jerome Powell added that the policy move would “help
boost household and business confidence.” The spread of
COVID-19 (coronavirus) is not neatly classified as either a
demand or a supply shock (Cochrane, 2020), but it may re-
sult in both “practical and psychological” demand shocks,
if consumers are prevented from getting to stores or post-
pone purchases in the face of huge uncertainty (Baldwin &
di Mauro, 2020).
On March 5 and 6, 2020, I conducted an online survey
using Amazon Mechanical Turk, a Web service that allows
requesters to post small tasks in exchange for a posted mon-
etary payment.1 I surveyed US consumers ages 18 and over
about their attention to and concerns about the coronavirus,
the news they heard about the Fed, and their expectations of
inflation and unemployment. I then provided the respondents
with the March 3 FOMC statement and information about
the rate cut and resolicited their expectations of inflation and
unemployment. I also collected information about respon-
dents’ demographics, numeracy, news sources, attention to
the stock market, and confidence in the Fed and the presi-
Received for publication March 13, 2020. Revision accepted for publica-
tion April 22, 2020. Editor: Olivier Coibion.
∗Binder: Haverford College.
This research received funding from the Haverford College faculty re-
search fund.
A supplemental appendix is available online at http://www.mitpress
journals.org/doi/suppl/10.1162/rest_a_00931.
1Mechanical Turk allows for recruitment of subject pools that are more
nationally representative than t ...
The negative consequences of Covid-19 pandemic from lockdowns of whole countries, travel bans,
and the closure of shops and service points have disrupted the economic and social balance of the whole world.
Consequently, consumer’s buying behavior and their shopping criteria has been negatively affected. In this
research paper we try to find out the changes
The rise of digital technologies has transformed healthcare by empowering patients through greater access to information via social media and mobile devices. While social media usage among older patients and those with chronic conditions still lags, it is growing rapidly. Social media plays a critical role throughout a patient's healthcare journey by expanding their ability to discuss health issues with others. However, more investigation is needed to fully understand the impact of social media on healthcare decisions and outcomes.
The 2nd lockdown in Europe is perceived as less challenging and disruptive than the 1st lockdown in spring. Purchase intent for new cars has dropped 13 percentage points since September across EU markets, while used car purchase intent has only dropped 2 points. Respondents plan to delay car purchases and spend less by requiring discounts on smaller cars. Mobility usage is down 7 points since September, with French and Italian respondents most affected. The aftermarket is also impacted, with a decrease in planned maintenance work. Overall, the automotive industry is experiencing reduced demand in response to the 2nd lockdown.
- Goldman Sachs lowered its estimate for India's economic growth in fiscal year 2021-2022 to 11.1% due to lockdowns imposed by various states to curb the spread of COVID-19.
- India Ratings projected overall corporate revenue growth of 6% in fiscal year 2022 over fiscal year 2020, noting that supply chains have been disrupted by the second wave of the pandemic.
- Barclays cut its forecast for India's GDP growth in fiscal year 2022 to 10% from 11% previously, and warned growth could fall further to 8.8% if lockdowns continue through August.
This document provides an overview of the health tech industry and key trends. It discusses how the industry has adopted digital technologies across areas like drug manufacturing, clinical trials, hospitals, and care services. The COVID-19 pandemic further increased adoption rates. The document analyzes funding and deal size data from the past 5 years to identify fast growing segments like telemedicine, anti-counterfeiting tech, and the rise of tech giants in healthcare investing. Post-pandemic, virtual consultations are expected to become more mainstream. The future of healthcare is predicted to rely more on technologies like artificial intelligence, digital tools, and data analytics.
Impacts of corona virus on e commerce in bangladeshFahimNeloy47
The document discusses the impact of the COVID-19 pandemic on e-commerce in Bangladesh. It notes that while e-commerce sites selling essential goods have seen increased sales, other sites have experienced negative impacts as the supply chain from China was disrupted. Customer behavior also changed as people turned to e-commerce for goods instead of physical stores due to lockdowns. However, the long-term impact remains uncertain and the industry will need government support to recover from losses.
Digital Therapeutics has shown the potential to address the unmet needs of patients. The ability of the companies to leverage the Therapeutics to address these gaps, much faster product development timelines, rising awareness and steps taken by governments has been a major market drivers.
The market has made significant progress in the past decade by harnessing technology to supplement or potentially replace traditional medical practices and therapies.
Visit https://insights10.com/ for more healthcare industry insights.
1) The document provides a weekly media update containing news related to Balmer Lawrie and other public sector enterprises (PSEs) from June 18-28, 2021.
2) It summarizes that a survey found 58% of Indian businesses were highly impacted and 38% were moderately impacted by COVID-19 lockdowns during the second wave.
3) Capital expenditures by large central PSEs reached 10% of their FY22 target for the first two months despite the second wave, aiming to meet the full year target by December.
Social Media in the pharmaceutical and medical device industries pre FDA rulesKevin Walsh
The document summarizes a panel discussion on using social media in the regulated healthcare industry from a global perspective. It discusses challenges like regulations, competition, and reputation management. While most countries allow disease awareness campaigns without product promotion, regulations vary globally for digital and social media use. The panel provides recommendations like developing social media policies, listening to online conversations, and using digital tactics cautiously integrated with other communications.
The document discusses Balmer Lawrie, a state-run company in India, and its joint venture Transafe Services that filed for bankruptcy. The resolution plan for Transafe Services submitted by Om Logistics to acquire the company for Rs. 49 crore was approved, with secured creditors taking an 87% haircut. It also mentions news about the Indian economy, including brokerages downgrading India's GDP growth forecasts for FY22 due to rising COVID-19 cases, retail inflation rising to a 4-month high in March, and wholesale inflation jumping to an 8-year high. The second wave of COVID-19 poses risks to India's economic recovery and privatization drive.
The Pharmaceutical Industry and Global Health--Facts And Figures 2017Muhammad Ali Jehangir
The pharmaceutical industry plays a crucial role in developing new medicines and vaccines through large investments in research and development. Developing a new medicine takes an average of 10-15 years and costs over $2.6 billion, with a high failure rate. In 2015, 56 new medicines were launched while over 7,000 compounds were in development. The research process involves screening thousands of potential compounds and conducting clinical trials with thousands of volunteers to test efficacy, safety and quality. Despite the challenges and risks, the industry continues to invest in innovation to improve global health.
This weekly media update from Balmer Lawrie provides summaries of recent news articles related to Balmer Lawrie's business sectors and PSEs in India. The articles discuss the economic impact of COVID-19, including a 3% decline in global trade in Q1 2020, India's GDP potentially contracting by 45% in Q2, a 60% drop in Indian exports in April, and projections of massive job losses and increased poverty in India due to the pandemic. Other articles cover topics like the government increasing its focus on strategic PSEs while privatizing others, plans to limit the number of PSEs per strategic sector, and measures to provide fiscal relief like reducing EPF contributions for private sector employers and employees.
- Oxford Economics and S&P Global Platts revised downwards their GDP growth forecasts for India in 2021 from 11.8% to 10.2% and cut India's 2021 oil product demand forecast by 9% respectively, citing the impact of India's escalating COVID cases and lockdown restrictions.
- The ADB raised its forecast for India's GDP growth in FY2022 to 11% assuming vaccines are deployed extensively and the second COVID wave is contained. However, S&P said the resurgence poses downside risks to GDP growth.
- Nomura's business resumption index declined to a one-year low, indicating weakening economic momentum, while lockdowns could reduce annual GDP growth by up to
Social Media and Health Care: A Global PerspectiveSpectrum
On January 27, 2010, Spectrum and Aurora presented a PRSA webinar on how to leverage social media in a regulated industry.
It is important for the health care industry to begin 2010 with a clear vision for embracing social media. In 2009, health care regulators finally started to address the issue - from the FDA's public hearings to the creation of a digital marketing working group by the UK's Pharmaceutical Marketing Society. There is no denying that consumers are constantly turning to the Internet as a source for health information. As communications professionals, we need to understand the opportunities, challenges and threats of the emerging digital world.
How health tech is redefining the future of biopharma and care deliveryΔρ. Γιώργος K. Κασάπης
Tech is making itself felt in every sector of health care. Companies like Google, Apple, Amazon, and Microsoft, and emerging players from the U.S. to China, are poised to transform everything from health care delivery to drug discovery. In this latest eBook STAT has curated a selection of stories that track these developments and examine their impact on hospitals, patients, and the bottom lines of companies around the world.
This document discusses the use of mobile phones for healthcare and public health initiatives, known as mHealth. It details the 12 main clusters of mHealth applications, including patient communication, access to web-based resources, point-of-care tools, disease management, education, and more. The document examines how widespread mobile phone ownership is globally and among different populations. It argues that mHealth offers opportunities to improve individual and population health as well as address disparities, but that barriers still exist that must be overcome for successful initiatives.
Future of Healthcare – Leadership Challenges
Further to several additional expert workshops this year, we are delighted to share an updated global perspective on the future of healthcare. Produced in partnership with Duke Corporate Education (http://www.dukece.com), this adds new insights on the pivotal shifts taking place across the sector plus viewpoints on some of the core implications for leadership. Topics include the growing power of data; the rising impact of urbanisation on health; increasing patient centricity; the need for more flexible organisations and the move of innovation activity eastwards.
Available as both this report and as an accompanying presentation (https://www.slideshare.net/futureagenda2/future-of-healthcare-15-october-2019-182433390) this is now being used to inform and provoke further debate around the world. As ever we would like to thank all those who have given their time and insight to contribute to this project.
Balmer Lawrie signed an MOU with KTDC to offer accommodation to customers at KTDC hotels and properties at discounted rates. Several agencies lowered their economic growth forecasts for India in 2020, with estimates ranging from a 4% contraction according to ADB to over 5% according to the IMF, due to the impact of the COVID-19 pandemic. Exports declined less sharply in May compared to April as economic activity began increasing with the easing of lockdown restrictions.
The World Bank has revised its global GDP growth forecast for 2021 upwards to 5.6% due to strong recoveries expected in the US and China. However, emerging markets and developing economies continue to struggle with the pandemic and its economic impacts. The World Bank cut India's GDP growth forecast to 8.3% for fiscal year 2021-22, down from its previous estimate of 10.1%, due to the negative effects of a severe second COVID wave in India. Several other organizations like Crisil have also lowered their growth projections for India amid concerns over reduced private consumption and investment.
CORONAVIRUS FEARS AND MACROECONOMIC EXPECTATIONSCarola BinAlleneMcclendon878
CORONAVIRUS FEARS AND MACROECONOMIC EXPECTATIONS
Carola Binder*
Abstract—The Federal Reserve cut interest rates on March 3, 2020, in re-
sponse to COVID-19. On March 5 and 6, I surveyed over 500 consumers
about their concerns about COVID-19, awareness of the Fed’s announce-
ment, and macroeconomic expectations. Most consumers were concerned
about effects of COVID-19 on the economy, their health, and their per-
sonal finances. About 38% were aware that the Fed had cut interest rates.
Greater concern is associated with higher inflation expectations and more
pessimistic unemployment expectations. I informed respondents about the
Fed’s announcement, which led some consumers to become more optimistic
about unemployment and revise inflation expectations downward.
I. Introduction
ON March 3, 2020, the Federal Reserve lowered the fed-eral funds rate target by 50 basis points to a range of 1%
to 1.25%. This was the first rate cut made outside of a regu-
larly scheduled Federal Open Markets Committee (FOMC)
meeting since 2008. The FOMC statement noted that “the
fundamentals of the U.S. economy remain strong. However,
the coronavirus poses evolving risks to economic activity … .
The Committee is closely monitoring developments and their
implications for the economic outlook and will use its tools
and act as appropriate to support the economy.”
In the press conference associated with the rate cut, chair-
man Jerome Powell added that the policy move would “help
boost household and business confidence.” The spread of
COVID-19 (coronavirus) is not neatly classified as either a
demand or a supply shock (Cochrane, 2020), but it may re-
sult in both “practical and psychological” demand shocks,
if consumers are prevented from getting to stores or post-
pone purchases in the face of huge uncertainty (Baldwin &
di Mauro, 2020).
On March 5 and 6, 2020, I conducted an online survey
using Amazon Mechanical Turk, a Web service that allows
requesters to post small tasks in exchange for a posted mon-
etary payment.1 I surveyed US consumers ages 18 and over
about their attention to and concerns about the coronavirus,
the news they heard about the Fed, and their expectations of
inflation and unemployment. I then provided the respondents
with the March 3 FOMC statement and information about
the rate cut and resolicited their expectations of inflation and
unemployment. I also collected information about respon-
dents’ demographics, numeracy, news sources, attention to
the stock market, and confidence in the Fed and the presi-
Received for publication March 13, 2020. Revision accepted for publica-
tion April 22, 2020. Editor: Olivier Coibion.
∗Binder: Haverford College.
This research received funding from the Haverford College faculty re-
search fund.
A supplemental appendix is available online at http://www.mitpress
journals.org/doi/suppl/10.1162/rest_a_00931.
1Mechanical Turk allows for recruitment of subject pools that are more
nationally representative than t ...
The negative consequences of Covid-19 pandemic from lockdowns of whole countries, travel bans,
and the closure of shops and service points have disrupted the economic and social balance of the whole world.
Consequently, consumer’s buying behavior and their shopping criteria has been negatively affected. In this
research paper we try to find out the changes
Ipsos 20 mar - corporate reputation and coronav - enSebnem Ozdemir
This document summarizes Ipsos' perspective on how corporations should respond to the coronavirus pandemic to protect public health and their reputations. It finds that while the public does not hold businesses primarily responsible for combating the virus, they still expect them to take measures to prevent spread. Ipsos recommends that businesses combat misinformation, understand their risk profile, engage in open and consistent communication, and stay informed on changing public and employee expectations as the situation evolves. The document provides data on shifting public perceptions of industry responsibilities and actions businesses should and have taken in response to the pandemic.
COVID-19 amenaza con convertirse en una de las pruebas más difíciles que enfrenta la humanidad en la historia moderna. Como
la pandemia se ha extendido se ha cobrado vidas, ha provocado ansiedad y drama político, ha abrumado la salud
sistemas, y provocó un cambio geopolítico potencialmente duradero. El Fondo Monetario Internacional dice que
La economía mundial se enfrenta ahora a su peor recesión desde la Gran Depresión, y Oxfam Internacional ha
advirtió que 500 millones de personas podrían caer en la pobreza como resultado de la crisis en curso. Alrededor
En el mundo, se están realizando esfuerzos desesperados para contener lo que se ha convertido en un brote profundamente perturbador.
This is from an Applied Mixed Models Class Please answer pa.pdfadinathfashion1
This is from an Applied Mixed Models Class. Please answer partd (d).
Background: The novel Coronavirus designated SARS-CoV-2 appeared in December 2019 to
initiate a pandemic of respiratory illness known as COVID-19, which had been an unprecedented
global public health crisis, and the safe and effective COVID-19 vaccinations are vital for the
global strategy to combat the pandemic. However, the population must reach a sufficient
vaccination rate, i.e. 6070%, to achieve herd immunity. Vaccine hesitancy, or "delay in acceptance
or refusal of vaccination despite availability of vaccination services", could affect vaccination rate
and the ability to establish herd immunity. Factors that affect the attitude towards acceptance of
vaccination include: complacency (do not perceive a need for a vaccine), convenience (access)
and confidence (do not trust vaccine or provider). Therefore, determining the factors associated
with COVID-19 vaccine hesitancy are important for public health developing strategies targeting
the voluntarily vaccine-hesitant individuals. To evaluate the vaccination compliance rates of
individuals living in the U.S., a longitudinal study was used to examine the individual's attitudes
toward vaccines over a six-month period. Beginning in March 2020 (early phase of the pandemic),
researchers collects attitudes from a cohort of the same participants, N=407, every month. The
primary outcome was the COVID-19 Vaccine Hesitancy Score (vhs19), which can range between
0 and 100, with higher scores indicating lower COVID-19 vaccine hesitancy, i.e. more positive
attitude toward vaccination. Additional available data included ID=month=gender=age=SES=
political=ParticipantIDnumber.Timeofdatacollectionasfollowsmonth=1(March2020),2(April2020),,6(
August2020).Genderindicator,e.g.0=female,1=male.Ageofparticipantatthebaseline,i.e.month=1.
Socioeconomicstatus,e.g.0=lowSES,1=highSES.Participantspoliticalpartyaffiliation,e.g.0=
Democratic,1=Republican. The primary goal of the analysis is to investigate whether or not
evidence for vaccine attitudes (vhs19) exists with respect to political party affiliation (political)
during an unprecedented public health crisis. Figure 1 in the Appendix A reports a plot with
vaccination attitudes by political party affiliation for each participant profiles (March-August 2020).
Note that we may only focus on a few of the available covariates in the dataset for this problem.3.
(20 points) Now refer to the model modC in Appendix C. (a) (5 points) Suppose we consider male
and low socioeconomic status group, write down expressions for the rate of change of vhs 19 in
May 2020 , i.e. month =3, for each political affiliation. (b) (5 points) From part (a) and the output of
model modC, compute an estimate of difference in the mean vhs 19 between two political
affiliations in May 2020. (c) (5 points) Suppose that researchers fitted model modC by using
restricted maximum likelihood (REML) method, will your answer in part (b) chang.
7 corporate hospital research paper publishedin international journalmaaranhari
1) The document discusses the financial impact of the COVID-19 pandemic on various industries and the global economy. It analyzes data on GDP growth and performance of different sectors in countries like the US, China, Japan, and India.
2) Certain industries like pharmaceuticals, online education, and sanitization products have grown during the pandemic while sectors like banking, finance, and real estate have been negatively impacted.
3) While short term growth is expected to be low, most industries and the overall economy are predicted to recover in the long run as lockdowns ease and consumption increases again. However, the full impact will vary across countries and sectors.
1) The document discusses the financial impact of the COVID-19 pandemic on various industries and the global economy. It analyzes data on GDP growth and performance of different sectors in countries like the US, China, Japan, and India.
2) Certain industries like pharmaceuticals, online education, and sanitization products have grown during the pandemic while sectors like banking, finance, and real estate have been hit hard.
3) While short term economic growth is expected to be low, it is estimated that GDP and growth rates will start increasing again from the third quarter of 2021 as impacts of the pandemic subside. The Indian economy has been less affected than others but some industries have seen major financial impacts.
1) The document discusses the financial impact of the COVID-19 pandemic on various industries and the global economy. It analyzes data on GDP growth and performance of different sectors in countries like the US, China, Japan, and India.
2) Certain industries like pharmaceuticals, online education, and sanitization products have grown during the pandemic while sectors like banking, financial services, and real estate have been negatively impacted.
3) While short-term economic growth is expected to remain low, it is estimated that GDP and growth rates will start increasing again from the third quarter of 2021 as impacts of the pandemic subside. The document concludes that though some industries have been severely affected, others have performed well and are expected to
The document discusses the impact of COVID-19 on the life science and healthcare industry in the US. It notes that the pandemic has significantly strained healthcare capacity and caused spending on the sector to increase. The pharmaceutical and medical equipment segments have seen high demand for COVID-19 tests, supplies, and research into vaccines and treatments. Government relief packages have allocated billions towards healthcare services, facilities, and supporting the development of response efforts. Overall, the pandemic is driving major changes across the industry and highlighting vulnerabilities in the US healthcare system.
THis is from an Applied Mixed Models class Answer just part.pdfadinathfashion1
THis is from an Applied Mixed Models class. Answer just part (a).
Background: The novel Coronavirus designated SARS-CoV-2 appeared in December 2019 to
initiate a pandemic of respiratory illness known as COVID-19, which had been an unprecedented
global public health crisis, and the safe and effective COVID-19 vaccinations are vital for the
global strategy to combat the pandemic. However, the population must reach a sufficient
vaccination rate, i.e. 6070%, to achieve herd immunity. Vaccine hesitancy, or "delay in acceptance
or refusal of vaccination despite availability of vaccination services", could affect vaccination rate
and the ability to establish herd immunity. Factors that affect the attitude towards acceptance of
vaccination include: complacency (do not perceive a need for a vaccine), convenience (access)
and confidence (do not trust vaccine or provider). Therefore, determining the factors associated
with COVID-19 vaccine hesitancy are important for public health developing strategies targeting
the voluntarily vaccine-hesitant individuals. To evaluate the vaccination compliance rates of
individuals living in the U.S., a longitudinal study was used to examine the individual's attitudes
toward vaccines over a six-month period. Beginning in March 2020 (early phase of the pandemic),
researchers collects attitudes from a cohort of the same participants, N=407, every month. The
primary outcome was the COVID-19 Vaccine Hesitancy Score (vhs19), which can range between
0 and 100, with higher scores indicating lower COVID-19 vaccine hesitancy, i.e. more positive
attitude toward vaccination. Additional available data included ID=month=gender=age=SES=
political=ParticipantIDnumber.Timeofdatacollectionasfollowsmonth=1(March2020),2(April2020),,6(
August2020).Genderindicator,e.g.0=female,1=male.Ageofparticipantatthebaseline,i.e.month=1.
Socioeconomicstatus,e.g.0=lowSES,1=highSES.Participantspoliticalpartyaffiliation,e.g.0=
Democratic,1=Republican. The primary goal of the analysis is to investigate whether or not
evidence for vaccine attitudes (vhs19) exists with respect to political party affiliation (political)
during an unprecedented public health crisis. Figure 1 in the Appendix A reports a plot with
vaccination attitudes by political party affiliation for each participant profiles (March-August 2020).
Note that we may only focus on a few of the available covariates in the dataset for this problem.3.
(20 points) Now refer to the model modC in Appendix C. (a) (5 points) Suppose we consider male
and low socioeconomic status group, write down expressions for the rate of change of vhs 19 in
May 2020 , i.e. month =3, for each political affiliation. (b) (5 points) From part (a) and the output of
model modC, compute an estimate of difference in the mean vhs 19 between two political
affiliations in May 2020. (c) (5 points) Suppose that researchers fitted model modC by using
restricted maximum likelihood (REML) method, will your answer in part (b) change? .
COVID-19 and its Impact on the Biopharma Financing and Deal EnvironmentTim Opler
The document provides an overview of the impact of the COVID-19 pandemic on the biopharmaceutical sector. It discusses the direct impact on the pharmaceutical industry, including decreased healthcare utilization, clinical trial delays, supply chain issues, and decreased drug usage and revenue. It also covers the indirect effects, such as potential government budget constraints, drug price pressures, increased social division, and response from regulators to encourage testing and device approvals during the pandemic.
The document discusses how the COVID-19 pandemic is affecting consumer behavior and businesses globally. It provides data on how the virus is impacting industries like travel, retail, auto, and consumer goods. Surveys find that consumers expect transparency from brands during the crisis and are turning to social media for information. The crisis requires businesses to focus on continuity, capture demand when it returns, and make long-term structural changes. Communication with customers is important to set expectations around potential delays.
7 corporate hospital research paper hari masterpiece HariMasterpiece
1) The document discusses the impact of COVID-19 on the global economy and various industries. It estimates that global GDP will decline by 3% in 2020 according to the IMF, the lowest level since the Great Depression.
2) Many industries have been severely affected by lockdowns and reduced economic activity. Sectors like media, entertainment, and real estate have been hit hard. However, pharmaceuticals, chemicals, and online education have grown.
3) The paper analyzes secondary data on the performance of various countries and industries during COVID-19. It finds that while all economies have been impacted, the effects on India have been less severe than on the US, China, and Japan. The economic growth rate is
The 4 Top Artificial Intelligence Trends For 2021Bernard Marr
Artificial Intelligence (AI) has been a mega-trend in 2020. The current pandemic has only accelerated the relevance and adoption of AI and machine learning. Here we look at some of the top AI trends for 2021.
The document discusses how the COVID-19 pandemic highlighted the globalization and interconnectedness of the US healthcare system. It notes that early in the pandemic, the US faced shortages of personal protective equipment and medical supplies due to disruptions in the global supply chain. Further, it outlines how the US relies on other countries, especially China, for manufacturing of drugs, devices, and components essential to modern healthcare. The pandemic also demonstrated how telemedicine has allowed other nations like India to provide remote services to US providers, and how medical tourism allows US citizens to access lower-cost procedures abroad.
PANDEMIC INFORMATION DISSEMINATION WEB APPLICATION: A MANUAL DESIGN FOR EVERYONEijcsitcejournal
The aim of this research is to generate a web application from an inedited methodology with a series of
instructions indicating the coding in a flow diagram. The primary purpose of this methodology is to aid
non-profits in disseminating information regarding the COVID-19 pandemic, so that users can share vital
and up-to-date information. This is a functional design, and a series of screenshots demonstrating its
behaviour is presented below. This unique design arose from the necessity to create a web application for
an information dissemination platform; it also addresses an audience that does not have programming
knowledge. This document uses the scientific method in its writing. The authors understand that there is a
similar design in the bibliography; therefore, the differences between the designs are described herein; it
is very important to point out that this proposal can be taken as an alternative to the design of any web
application.
Corona virus pandemic impact on digital advertising industryYieldbird
The safety measures imposed by the governments of almost all countries to protect their citizens will most probably trigger a period of economic turmoil much bigger than the 2008 crisis. This means that while protecting our health, we need to also start thinking about the future. To make this situation at least a little easier, we have decided to compile the most important knowledge we possess in terms of the potential future implications of the pandemic; and we have set out ways to navigate this difficult situation. We hope the will prove useful to you in terms of making all necessary business decisions.
Capgemini Consulting: Taking the Digital Pulse: Why Healthcare Providers Need...VIRGOkonsult
Healthcare providers are lagging in their adoption of digital technologies compared to other industries. While consumers are increasingly using digital tools and online resources to manage their health, most healthcare providers have not adapted to meet these changing needs and expectations. Only about one-third of healthcare providers are considered digitally mature, while the majority are still in the early stages of digital transformation. Digitally mature providers leverage social media, mobile apps, and data analytics to better engage with customers, personalize care, and improve health outcomes. However, most providers lack a clear digital strategy and vision, underinvest in necessary technologies, and do not utilize data and digital channels effectively. This limits their ability to keep pace with consumer demands and transform service delivery in a
Taking the Digital Pulse: Why Healthcare Providers Need an Urgent Digital Che...Capgemini
Digital technologies are altering the very fabric of the traditional healthcare delivery model. Consumers are actively embracing digital tools to take charge of their health.
Consider this: no less than 86% of respondents in a survey reported that they wanted to take a more proactive role in their healthcare decisions, and 76% reported that they have the tools and information to do so. Social media and mobile platforms are becoming increasingly important channels for consumers. A survey found that 45% of respondents search for health information and close to 34% ask for health-related advice on social media. channels. The four million mobile health app downloads that occur every day also give consumers an easy way to track their health.
So how is the healthcare industry responding to these new opportunities? Are the industry and the current healthcare delivery model adapting to changing consumer needs rapidly enough? To obtain a clearer picture of current digital readiness, we conducted a survey of global healthcare players. We also compared the digital maturity of the healthcare industry with that of other industries, based on a previous study conducted jointly with the MIT Center for Digital Business. The results will probably not come as a surprise to many of us.
We found that healthcare is significantly less mature than many industries in the adoption of digital technologies. Our survey also revealed a wide disparity in the digital maturity of healthcare providers. Only 33% were found to be digitally mature or Digirati, while the majority were found to be lagging in the use of digital technologies.
The document provides an opportunity assessment for a telehealth business. It discusses trends driving growth in the telehealth market like an aging population, physician shortages, advances in mobile technology, and regulatory changes. The market for wearable health monitoring devices is large and growing rapidly. While competition is increasing, the market needs innovation to address privacy/security concerns and the demand for customized mobile health solutions. The telehealth market is projected to experience strong growth over the next several years.
Similar to An analysis of consumer interest level data for online health information in the early stages of the covid 19 pandemic (20)
MULTIMODAL COURSE DESIGN AND IMPLEMENTATION USING LEML AND LMS FOR INSTRUCTIO...IJMIT JOURNAL
Traditionally, teaching has been centered around classroom delivery. However, the onslaught of the
COVID-19 pandemic has cultivated usage of technology, teaching, and learning methodologies for course
delivery. We investigate and describe different modes of course delivery that maintain the integrity of
teaching and learning. This paper answers to the research questions: 1) What course delivery method our
academic institutions use and why? 2) How can instructors validate the guidelines of the institutions? 3)
How courses should be taught to provide student learning outcomes? Using the Learning Environment
Modeling Language (LEML), we investigate the design and implementation of courses for delivery in the
following environments: face-to-face, online synchronous, asynchronous, hybrid, and hyflex. A good
course design and implementation are key components of instructional alignment. Furthermore, we
demonstrate how to design, implement, and deliver courses in synchronous, asynchronous, and hybrid
modes and describe our proposed enhancements to LEML.
Novel R&D Capabilities as a Response to ESG Risks-Lessons From Amazon’s Fusio...IJMIT JOURNAL
Environmental, Social, and Governance (ESG) management is essential for transforming corporate
financial performance-oriented business strategies into Finance (F) + ESG optimization strategies to
achieve the Sustainable Development Goals (SDGs).
In this trend, the rise of ESG risks has divided firms into two categories. Former incorporates a growthmindset that creates a passion for learning, and urges it to improve itself by endeavoring Research and
development (R&D) -driven challenges, while the other category, characterized by risk aversion, avoids
challenging highly uncertain R&D activities and seeks more manageable endeavors.
This duality underscores the complexity of corporate R&D strategies in addressing ESG risks and
necessitates the development of novel R&D capabilities for corporate R&D transformation strategies
towards F + ESG optimization.
International Journal of Managing Information Technology (IJMIT) ** WJCI IndexedIJMIT JOURNAL
The International Journal of Managing Information Technology (IJMIT) is a quarterly open access peer-reviewed journal that publishes articles that contribute new results in all areas of the strategic application of information technology (IT) in organizations. The journal focuses on innovative ideas and best practices in using IT to advance organizations – for-profit, non-profit, and governmental. The goal of this journal is to bring together researchers and practitioners from academia, government, and industry to focus on understanding both how to use IT to support the strategy and goals of the organization and to employ IT in new ways to foster greater collaboration, communication, and information sharing both within the organization and with its stakeholders. The International Journal of Managing Information Technology seeks to establish new collaborations, new best practices, and new theories in these areas.
International Journal of Managing Information Technology (IJMIT) ** WJCI IndexedIJMIT JOURNAL
The International Journal of Managing Information Technology (IJMIT) is a quarterly open access peer-reviewed journal that publishes articles that contribute new results in all areas of the strategic application of information technology (IT) in organizations. The journal focuses on innovative ideas and best practices in using IT to advance organizations – for-profit, non-profit, and governmental. The goal of this journal is to bring together researchers and practitioners from academia, government, and industry to focus on understanding both how to use IT to support the strategy and goals of the organization and to employ IT in new ways to foster greater collaboration, communication, and information sharing both within the organization and with its stakeholders. The International Journal of Managing Information Technology seeks to establish new collaborations, new best practices, and new theories in these areas.
NOVEL R & D CAPABILITIES AS A RESPONSE TO ESG RISKS- LESSONS FROM AMAZON’S FU...IJMIT JOURNAL
Environmental, Social, and Governance (ESG) management is essential for transforming corporate
financial performance-oriented business strategies into Finance (F) + ESG optimization strategies to
achieve the Sustainable Development Goals (SDGs).
In this trend, the rise of ESG risks has divided firms into two categories. Former incorporates a growthmindset that creates a passion for learning, and urges it to improve itself by endeavoring Research and
development (R&D) -driven challenges, while the other category, characterized by risk aversion, avoids
challenging highly uncertain R&D activities and seeks more manageable endeavors.
This duality underscores the complexity of corporate R&D strategies in addressing ESG risks and
necessitates the development of novel R&D capabilities for corporate R&D transformation strategies
towards F + ESG optimization.
Building on this premise, this paper conducts an empirical analysis, utilizing reliable firms data on ESG
risk and brand value, with a focus on 100 global R&D leader firms. It analyzes R&D and actions for ESG
risk mitigation, and assesses the development of new functions that fulfill F + ESG optimization through
R&D. The analysis also highlights the significance of network externality effects, with a specific focus on
Amazon, a leading R&D company, providing insights into the direction for transforming R&D strategies
towards F + ESG optimization.
The dynamics of stakeholder engagement in F + ESG optimization are indicated with the example of
amazon's activities. Through the analysis, it became evident that Amazon's capacity encompassing growth
and scalability, specifically its ability to grow and expand, is accelerating high-level research and
development by gaining the trust of stakeholders in the "synergy through R&D-driven ESG risk
mitigation."
Finally, as examples of these initiatives, the paper discussed the Climate Pledge led by Amazon and the
transformation of Japan's management system.
A REVIEW OF STOCK TREND PREDICTION WITH COMBINATION OF EFFECTIVE MULTI TECHNI...IJMIT JOURNAL
It is important for investors to understand stock trends and market conditions before trading stocks. Both
these capabilities are very important for an investor in order to obtain maximized profit and minimized
losses. Without this capability, investors will suffer losses due to their ignorance regarding stock trends
and market conditions. Technical analysis helps to understand stock prices behavior with regards to past
trends, the signals given by indicators and the major turning points of the market price. This paper reviews
the stock trend predictions with a combination of the effective multi technical indicator strategy to increase
investment performance by taking into account the global performance and the proposed combination of
effective multi technical indicator strategy model.
INTRUSION DETECTION SYSTEM USING CUSTOMIZED RULES FOR SNORTIJMIT JOURNAL
This document proposes an intrusion detection system using customized rules for the Snort tool to improve security. The system uses Wireshark to scan network traffic for anomalies, Snort to detect attacks using customized rulesets for faster response times, and Wazuh and Splunk to analyze log files. Rules are created using the Snorpy tool and added to Snort to monitor for specific attacks like ICMP ping impersonation and authentication attempts. When attacks are attempted, the system successfully detects them and logs the alerts. The integration of these tools provides low-cost intrusion detection capabilities with automated threat identification and faster response compared to existing Snort configurations.
Artificial Intelligence (AI) has rapidly become a critical technology for businesses seeking to improve
efficiency and profitability. One area where AI is proving particularly impactful is in service operations
management, where it is used to create AI-powered service operations (AIServiceOps) that deliver highvalue services to customers. AIServiceOps involve the use of AI to automate and optimize various business
processes, such as customer service, sales, marketing, and supply chain management. The rapid
development of Artificial Intelligence has prompted many changes in the field of Information Technology
(IT) Service Operations. IT Service Operations are driven by AI, i.e., AIServiceOps. AI has empowered
new vitality and addressed many challenges in IT Service Operations. However, there is a literature gap on
the Business Value Impact of Artificial intelligence (AI) Powered IT Service Operations. It can help IT
build optimized business resilience by creating value in complex and ever-changing environments as
product organizations move faster than IT can handle. So, this research paper examines how AIServiceOps
creates business value and sustainability, basically how AIServiceOps makes the IT staff liberation from a
low-level, repetitive workout and traditional IT practices for a continuously optimized process. One of the
research objectives is to compare Traditional IT Service Operations with AIServiceOPs. This paper
provides the basis for how enterprises can evaluate AIServiceOps and consider it a digital transformation
tool. The paper presents a case study of a company that implemented AI-powered service operations
(AIServiceOps) and analyzes the resulting business outcomes. The study shows that AIServiceOps can
significantly improve service delivery, reduce response times, and increase customer satisfaction.
Furthermore, it demonstrates how AIServiceOps can deliver substantial cost savings, such as reducing
labor costs and minimizing downtime.
MEDIATING AND MODERATING FACTORS AFFECTING READINESS TO IOT APPLICATIONS: THE...IJMIT JOURNAL
Although IOT seems to be the upcoming trend, it is still in its infancy; especially in the banking industry.
There is a clear gap in literature, as only few studies identify factors affecting readiness to IOT
applications in banks in general, and almost negligible investigations on mediating and moderating
factors. Accordingly, this research aims to investigate the main factors that affect employees’ readiness to
IOT applications, while highlighting the mediating and moderating factors in the Egyptian banking sector.
The importance of Egypt stems from its high population and steady steps taken towards technology
adoption. 479 valid questionnaires were distributed over HR employees in banks. Data collected was
statistically analysed using Regression and SEM. Results showed a significant impact of ‘Security’,
‘Networking’, ‘Software Development’ and ‘Regulations’ on ‘readiness to IOT applications. Thus, the
readiness acceptance level is high‘Security’ and ‘User Intention’ were proven to mediate the relationship
between research variables and readiness to IOT applications, and only a partial moderation role was
proven for ‘Efficiency’. The study contributes to increasing literature on IOT applications in general, and
fills a gap on the Egyptian banking context in particular. Finally, it provides decision makers at banks with
useful guidelines on how to optimally promote IOT applications among employees.
EFFECTIVELY CONNECT ACQUIRED TECHNOLOGY TO INNOVATION OVER A LONG PERIODIJMIT JOURNAL
IT (Information and Communication Technology) companies are facing the dilemma of decreasing
productivity despite increasing research and development efforts. M&A (Merger and Acquisition) is being
considered as a breakthrough solution. From existing research, it has been pointed out that M&A leads to
the emergence of new innovations. Purpose of this study was to discuss the efficient ways of acquisition and
to resolve the dilemma of productivity decline by clarifying how the technology obtained through M&A
leads to the creation of new innovations. Hypothesis 1 was that the technology acquired through M&A is
utilized for innovation creation, Hypothesis 2 was that the acquired technology is utilized over a long
period of time, and Hypothesis 3 was that a long-term utilization has a positive impact on corporate
performance. The results, using sports prosthetics as a case study and using patents as a proxy variable,
confirmed all the hypotheses set. We have revealed that long-term utilization of technology obtained
through M&A is effective for creating new innovations.
International Journal of Managing Information Technology (IJMIT) ** WJCI IndexedIJMIT JOURNAL
The International Journal of Managing Information Technology (IJMIT) is a quarterly peer-reviewed journal that publishes articles on the strategic application of information technology in organizations from both academic and industry perspectives. The journal focuses on innovative uses of IT to support organizational goals and foster collaboration both within and outside organizations. It covers topics such as education technology, e-government, healthcare IT, mobile systems, and more. Authors are invited to submit original research papers for consideration through the journal's online submission system.
4th International Conference on Cloud, Big Data and IoT (CBIoT 2023)IJMIT JOURNAL
4th International Conference on Cloud, Big Data and IoT (CBIoT 2023) will act as a major forum for the presentation of innovative ideas, approaches, developments, and research projects in the areas of Cloud, Big Data and IoT. It will also serve to facilitate the exchange of information between researchers and industry professionals to discuss the latest issues and advancement in the area of Cloud, Big Data and IoT.
Authors are solicited to contribute to the conference by submitting articles that illustrate research results, projects, surveying works and industrial experiences that describe significant advances in Cloud, Big Data and IoT.
TRANSFORMING SERVICE OPERATIONS WITH AI: A CASE FOR BUSINESS VALUEIJMIT JOURNAL
This document discusses how AI-powered service operations (AIServiceOps) can create business value through digital transformation. It begins with background on digital transformation and how AI is driving changes in IT service operations. It then examines how AIServiceOps can streamline processes, provide insights, and improve customer experience. A case study is presented showing how one company implemented AIServiceOps to significantly reduce response times, increase customer satisfaction, and lower costs. The document argues that AIServiceOps can deliver both quantifiable and flexible benefits while enhancing organizational resilience and sustainability over the long term.
DESIGNING A FRAMEWORK FOR ENHANCING THE ONLINE KNOWLEDGE-SHARING BEHAVIOR OF ...IJMIT JOURNAL
The main objective of this paper is to identify the factors that influence academic staff's digital knowledgesharing behaviors in Ethiopian higher education. A structural equation model was used to validate the
research framework using survey data from 210 respondents. The collected data has been analyzed using
Smart PLS software. The results of the study show that trust, self-motivation, and altruism are positively
related to attitude. Contrary to our expectations, knowledge technology negatively affects attitude.
However, reward systems and empowerment by leaders are significantly associated with knowledgesharing intentions.Knowledge-sharing intention, in turn, was significantly related to digital knowledgesharing behavior. The contributions of this study are twofold. The framework may serve as a roadmap for
future researchers and managers considering their strategy to enhance digital knowledge sharing in HEI.
The findings will benefit academic staff and university administrations.The study will also help academic
staff enhance their knowledge-sharing practices.
BUILDING RELIABLE CLOUD SYSTEMS THROUGH CHAOS ENGINEERINGIJMIT JOURNAL
Cloud computing systems need to be reliable so that they can be accessed and used for computing at any
given point in time. The complex nature of cloud systems is the motivation to conduct research in novel
ways of ensuring that cloud systems are built with reliability in mind. In building cloud systems, it is
expected that the cloud system will be able to deal with high demands and unexpected events that affect the
reliability and performance of the system.
In this paper, chaos engineering is considered a heuristic method that can be used to build reliable cloud
systems. Chaos engineering is aimed at exposing weaknesses in systems that are in production. Chaos
engineering will help identify system weaknesses and strengths when a system is exposed to unexpected
knocks and shocks while it is in production.
Chaos engineering allows system developers and administrators to get insights into how the cloud system
will behave when it is exposed to unexpected occurrences.
A REVIEW OF STOCK TREND PREDICTION WITH COMBINATION OF EFFECTIVE MULTI TECHNI...IJMIT JOURNAL
It is important for investors to understand stock trends and market conditions before trading stocks. Both
these capabilities are very important for an investor in order to obtain maximized profit and minimized
losses. Without this capability, investors will suffer losses due to their ignorance regarding stock trends
and market conditions. Technical analysis helps to understand stock prices behavior with regards to past
trends, the signals given by indicators and the major turning points of the market price. This paper reviews
the stock trend predictions with a combination of the effective multi technical indicator strategy to increase
investment performance by taking into account the global performance and the proposed combination of
effective multi technical indicator strategy model.
NETWORK MEDIA ATTENTION AND GREEN TECHNOLOGY INNOVATIONIJMIT JOURNAL
This paper will provide a novel empirical study for the relationship between network media attention and
green technology innovation and examine how network media attention can ease financing constraints. It
collected data from listed companies in China's heavy pollution industry and performed rigorous
regression analysis, in order to innovatively explore the environmental governance functions of the media.
It found that network media attention significantly promotes green technology innovation. By analyzing the
inner mechanism further, it found that network media attention can promote green innovation by easing
financing constraints. Besides, network media attention has a significant positive impact on green invention
patents while not affecting green utility model patents.
INCLUSIVE ENTREPRENEURSHIP IN HANDLING COMPETING INSTITUTIONAL LOGICS FOR DHI...IJMIT JOURNAL
Information System (IS) research advocates employing collaborative and loose coupling strategies to address contradictory issues to address diversified actors’ interests than the prescriptive and unilateral Information Technology (IT) governance mechanisms’, yet it is rarely depicting how managers employ these strategies in Health Information System (HIS) implementation, particularly in a resource-constrained setting where IS implementation activities have highly relied on multiple international organizations resources. This study explored how managers in resource-constrained settings employ collaborative IT governance mechanisms in the case of District Health Information System 2 (DHIS2) adoption with an interpretative case study approach and the institutional logic concept. The institutional logic concept was used to identify the major actors’ logics underpinning the DHIS2 adoption. The study depicted the importance of high-level officials' distance from the dominant systemic logic to consider new alternative, and to employ inclusive IT governance mechanisms which separated resource from the system that facilitated stakeholders’ collaboration in DHIS2 adoption based on their capacity and interest.
DEEP LEARNING APPROACH FOR EVENT MONITORING SYSTEMIJMIT JOURNAL
With an increasing number of extreme events and complexity, more alarms are being used to monitor
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An analysis of consumer interest level data for online health information in the early stages of the covid 19 pandemic
1. International Journal of Managing Information Technology (IJMIT) Vol.12, No.2, May 2020
DOI: 10.5121/ijmit.2020.12201 1
AN ANALYSIS OF CONSUMER INTEREST LEVEL
DATA FOR ONLINE HEALTH
INFORMATION IN THE EARLY STAGES OF THE
COVID-19 PANDEMIC
David C. Wyld
Department of Management and Business Administration, Southeastern Louisiana
University, Hammond, Louisiana
ABSTRACT
This paper takes a unique look at the online consumer interest in health information and products during a
unique moment - the COVID-19/coronavirus pandemic of 2020. The present research examines Glimpse’s
data on consumer interest levels in a wide variety of health topics, products, and services during March
2020, the month when the COVID-19 outbreak brought much of American life and the U.S. economy to a
standstill. Through an analysis of the trend data on the health information sought out online during this
critical period, the author provides insights into the consumer behavior demonstrated by Americans in light
of the pandemic.
KEYWORDS
Marketing, Health, Health Information, Personal Health, Wellness, Online, Search, Consumers, Consumer
Behavior, Internet, Web, Pandemic
1. INTRODUCTION
What did we search for online in regards to health info, medicine, treatment options and yes,
products that may - or may not - really help us in the midst of the COVID-19/coronavirus
pandemic? [1] In short, Americans - scared, quarantined, and with plenty of time on their hands -
used the Internet a whole lot (in the best academic term this expert can muster) while they began
to face life in isolation and lockdown [2] in the face of this epidemiological Black Swan event!
[3]
In this article, we will look specifically at the health aspects of our online lives during this
tumultuous period. We will examine Web trends during the month of March 2020 - the month
when the coronavirus unfortunately became the story of most of our lifetimes and a monumental
challenge for the entire country. [4] And yes, this analysis will reveal a great deal about what
Americans were worried about, thinking about, and searching out as our country and ourselves
came to grips with the worst pandemic in over a century.
2. RESEARCH METHODS
This research draws upon data from Glimpse, New York City-based firm. This startup company
aggregates info from all of our online activity to discover underlying trends regarding products,
companies, and industries. Glimpse’s key metric is what they term to be consumer interest levels,
which is based on the company’s proprietary analysis of “hundreds of millions of consumer
behavior signals from across the web.” [5]
2. International Journal of Managing Information Technology (IJMIT) Vol.12, No.2, May 2020
2
And so in looking at Glimpse’s statistical analysis of consumer interest levels in various products
during March 2020, the month when the COVID-19/coronavirus pandemic took off in the United
States [6] and brought-on both self- and state-imposed stay-at-home orders and quarantines [7],
all of this reveals some very interesting insights into the mind and mood of Americans as we
collectively encounter the fear, uncertainty, and economic disruption that has resulted from the
widespread outbreak of this deadly disease and our efforts to isolate ourselves to “flatten the
curve.” [8]
In this research, we looked specifically at Glimpse’s data on consumer interest levels across a
variety of health topics in March 2020. [9] And as a reminder, as the disease outbreak worsened
in mid-March in many areas of the country, most states implemented their stay-at-home orders
sometime between the March 20th-April 1st period. Each chart below thus represents consumer
interest levels data in that specific health subject for the entire month of March 2020. And as you
look at these trends, do bear in mind that with the timing of the pandemic, the trends in the latter
half of the month reflect the very real changes in consumer interest levels in these
products/services among Americans as the pandemic caused people to shelter-in-place.
Here then are some of the more interesting health trends spotted in Glimpse’s look at where
America is - at least from a consumer perspective - in this most unsettled of times. We break
down our analysis into two sections, examining the demonstrated consumer interest levels of
Americans in March 2020 regarding first things that definitely help in the fight against the disease
and then things that were largely "pandemic fad items" - rumored (or worse) to help prevent or
even cure the coronavirus! The latter category includes both items ranging from laundry items to
home medical equipment and then a whole range of supplements and pharmaceuticals - largely
for off-label usage as a potential COVID-19 prevention/remedy - that saw interest from a very
scared American public during the early stages of this pandemic.
3. ANALYSIS
For the sake of clarity, we will break our analysis into the following two categories:
1. Consumer Interest Levels in Topics That Might Prove Helpful in Fighting the Coronavirus
2. Consumer Interest Levels in Topics That Were Neutral or Potentially Harmful in Fighting
the Coronavirus
3.1. Consumer Interest Levels in Topics That Might Prove Helpful in Fighting the
Coronavirus
Within the “helpful” area, we will examine the Glimpse data on consumer interest levels in three
specific areas. These are:
1. Telemedicine
2. Personal Protective Equipment (PPE)
3. Household Items.
3.1.1. Telemedicine
Telemedicine had been on the rise before March 2020. However, with patients fearing being
exposed to the coronavirus and with doctors/clinics wanting to prevent infection of their patients
and their staff, the pandemic seems to have created intense interest in all forms of telemedicine
3. International Journal of Managing Information Technology (IJMIT) Vol.12, No.2, May 2020
3
and telehealth. [10] According to the Centers for Medicare & Medicaid Services (CMS), these
terms, along with variants that may be employed by health plans, hospitals, etc., refer to any
practice that results in "the exchange of medical information from one site to another through
electronic communication to improve a patient’s health." [11] Also, many hospitals and clinics
have been directing patients who might believe they are experiencing mild to even moderate
COVID-19 systems to use their telemedicine options rather than trying to visit their facilities.
[12] This has been facilitated by states and health insurance plans changing rules and regulations
regarding both patient access to telemedicine and physician/facility reimbursement provisions to
encourage greater use of online interactions. [13] And likely, these changes will likely greatly
accelerate the growing acceptance by patients, providers, and payers of telemedicine to reduce
actual in-person patient care long beyond the immediate coronavirus outbreak. [14]
Figure 1. American Consumer Interest Levels in Telemedicine, March 2020
Thus, the fact that Glimpse’s data showed an over 700% jump in consumer interest levels in
telemedicine in March 2020 (see Figure 1: American Consumer Interest Levels in Telemedicine,
March 2020). This figure is likely considerably lower than what the true interest in telemedicine
was in the initial month of the COVID-19 pandemic in the U.S., as it did not capture online user’s
interest in any of the variant/synonymous terms, such as “telehealth,” “virtual clinics,” “online
doctor visits.” So, the true interest of Americans in being able to access medical care without
going to a medical facility was likely far, far higher than even that demonstrated in the Glimpse
consumer interest level findings.
3.1.2. Personal Protective Equipment (PPE)
One very unlikely trend that became readily apparent in examining Glimpse's March 2020
consumer interest level data was that undoubtedly, many, many individuals, hospitals, clinics,
governments and companies were obviously looking all over the Web for the PPE (personal
protective equipment) that quickly came to be in short supply in many areas of the country,
endangering both medical care and medical workers. [15]
While the lack of PPE became a leading subject of intense media coverage and political debate as
the COVID-19 outbreak worsened, [16] for those working in hospitals and for first responders,
PPE became a matter of life and death for those employed in the health care sector. [17] As such,
4. International Journal of Managing Information Technology (IJMIT) Vol.12, No.2, May 2020
4
when their employers and institutions could not provide the items they needed, many doctors,
nurses and other medical workers turned to the Internet for information and for acquiring their
own PPE through many peer-to-peer and charitable networks that began to pitch in to help them.
[18] Additionally, some Americans bought PPE items for their own personal use in an attempt to
protect themselves from coronavirus exposure [19] - maybe beyond what they could have and
should have for any home, work and/or social use outside the health care setting - no matter the
circumstances.
The Glimpse data definitely shows intense consumer interest levels in PPE in March 2020 in
regards to both isolation gowns (up 1154%) (See Figure 2: American Consumer Interest Levels in
Isolation Gowns, March 2020) and Tyvek suits (up 400%) (Figure 3: American Consumer
Interest Levels in Tyvek Suits, March 2020).
Figure 2. American Consumer Interest Levels in Isolation Gowns, March 2020
And yes, the consumer interest level in masks of all types and protective levels was not included
in the Glimpse data for March 2020. However, given the intense shortages of the different levels
of protective masks and the CDC’s call for Americans to begin wearing masks
Figure 3. American Consumer Interest Levels in Tyvek Suits, March 2020
5. International Journal of Managing Information Technology (IJMIT) Vol.12, No.2, May 2020
5
in public places, [20] the consumer interest levels in masks of all types would likely far, far
exceed that observed for the categories of PPE included in the available Glimpse data. And in the
future, studies just focused on American’s demand for facial protection masks - in a culture
unlike those found in parts of Asia where mask-wearing is quite commonplace in public [21]-
will be needed from both marketing and public health perspectives.
3.1.3. Household Items
Glimpse's March 2020 consumer interest levels reveals that in the early stages of the pandemic,
there was intense interest among Americans - as seen in their online activities - in taking steps
that could help protect themselves and their family from the coronavirus. We all know about the
craziness all across the country that surrounded hand sanitizers [22] - a topic that Glimpse did not
include in their COVID-19 data under review in the present research, but which anecdotally
might exceed anything seen in the categories they explored, owing to Americans’ demonstrated
intense online and offline interest in things that could possibly help in fighting the disease spread
and in their potential infection with the virus. [23]
Because 60% alcohol solutions can kill the coronavirus, [24] alcohol prep pads - the same kind of
wipe that healthcare workers use to clean your arm before giving you a shot or drawing blood
actually do work in helping prevent the spread of the virus. Because the prep pads have 70%
alcohol solutions on them, these items became popular to stock-up on to help prevent the spread
of the virus. [25] Just as with the mad rush for hand sanitizers, [26] consumer interest here was in
a product line that actually did prove to have value in helping prevent the spread of the
coronavirus. And so yes, the once-sleepy product category of alcohol prep pads suddenly became
a must have for many Americans, with consumer interest level in them rising by over 400% (see
Figure 4: American Consumer Interest Levels in Alcohol Prep Pads, March 2020) in the early
stages of the pandemic in the U.S. in March 2020.
Figure 4. American Consumer Interest Levels in Alcohol Prep Pads, March 2020
There are, of course, a variety of other household items that can be utilized in the fight against the
spread of the disease. This led to panic buying of everything from soaps to various disinfecting
6. International Journal of Managing Information Technology (IJMIT) Vol.12, No.2, May 2020
6
cleansers and yes, most of all, hand sanitizers. [27] One of the areas reviewed in the Glimpse
data is laundry sanitizing, specifically how to kill the virus in the washing process. As you can
see in the graphic below, consumer interest levels in laundry sanitizers rose by a whopping
1153% in the month under review (see Figure 5: American Consumer Interest Levels in Laundry
Sanitizer, March 2020).
Figure 5. American Consumer Interest Levels in Laundry Sanitizer, March 2020
Now the science of just how long the coronavirus can exist on various fabrics and how best to
actually "do" laundry to most effectively "kill" the virus is quite complex. [28], And yes,
Americans showed a dramatic increase - well over tenfold - in their interest online in learning
about laundry sanitizers and how to make use of them - hopefully properly - to fight the spread of
the virus!
3.2. Consumer Interest Levels in Topics That Were Neutral or Potentially Harmful
in Fighting the Coronavirus
One thing that we know about the Internet is that for all the value that it has as an information
source, the counterargument is that the Web is fraught with not just disinformation, but plainly
dangerous information! And that has certainly been the case in this instance, as not just
Americans, but people around the globe have looked to online sources for answers to the dangers
of the COVID-19 pandemic as perhaps no other scientific/medical event ever! At the same time
though, this means that in the time of a great pandemic, there was also the need to deal with an
“infodemic” of bad - and possibly dangerous, even deadly - misinformation. [29]
Want Exhibit A of misinformation on the coronavirus on the Internet? Let's start by looking at
colloidal silver - a water solution in which small particles of silver are suspended - has long been
used as a sterilization agent to be used only topically. Early in the coronavirus outbreak in the
United States, televangelist Jim Bakker and others touted oral colloidal silver solutions as a way
to prevent COVID-19, [30] only to be cracked down on by the FDA (Food and Drug
Administration). [31] However, as Figure 6 (American Consumer Interest Levels in Colloidal
Silver, March 2020) shows, this action did not entirely stop interest in ingesting colloidal
7. International Journal of Managing Information Technology (IJMIT) Vol.12, No.2, May 2020
7
Figure 6. American Consumer Interest Levels in Colloidal Silver, March 2020
silver as a means of preventing the coronavirus, even though the NIH (National Institutes of
Health) has issued a formal health warning that:
Colloidal silver can cause serious side effects. The most common is argyria, a bluish-gray
discoloration of the skin, which is usually permanent.
Colloidal silver can also cause poor absorption of some drugs, such as certain antibiotics and
thyroxine (used to treat thyroid deficiency).
The FDA also warned in 1999 that colloidal silver isn’t safe or effective for treating any
disease or condition. [32]
In point of fact however, in spite of the government health warnings, consumer interest level in
colloidal silver almost doubled during the month under review!
Now on the flip side, Americans also searched for a variety of items that may pose no harm to
them, but might also have no real proven benefit in either preventing or fighting the coronavirus.
Two such trends were revealed in the present analysis of the Glimpse data from March 2020.
First, as can be seen in Figure 7 (American Consumer Interest Levels in Oximeters, March 2020)
consumer interest levels in oximeters, a common portable home medical diagnostic device that
measures oxygen saturation in the bloodstream, rose by over 200% in the early stages of the
COVID-19 pandemic. The increased consumer interest in
8. International Journal of Managing Information Technology (IJMIT) Vol.12, No.2, May 2020
8
Figure 7. American Consumer Interest Levels in Oximeters, March 2020
these devices, mostly used by individuals with chronic respiratory conditions to monitor if their
oxygen levels would be below normal, was attributed to media reports, including TV host Andy
Cohen, who said that he used a pulse oximeter himself as he fought his own COVID-19 infection.
[33] However, medical professionals warned in the media that for most people, these machines,
while not causing harm, were ineffective in detecting possible COVID-19 infection. [34]
Likewise, during March 2020, consumer interest levels in ozone generating machines, commonly
employed to remove strong odors from homes, office and other spaces, jumped by 224% (see
Figure 8: American Consumer Interest Levels in Ozone Generators, March 2020)!
Figure 8. American Consumer Interest Levels in Ozone Generators, March 2020
9. International Journal of Managing Information Technology (IJMIT) Vol.12, No.2, May 2020
9
Again, this rush to find information on ozone generators during the early days of the coronavirus
in the U.S. was driven by both reporting and rumors on how these machines could be employed
to fight against - and perhaps even kill - the virus. [35] Ozone sterilization is a proven means used
by hospitals to sterilize equipment and have worked on some types of coronaviruses in the past,
including the virus that caused SARS during the 2003 epidemic. [36] However, when used
improperly, these devices can also "create a wide range of health problems, particularly with the
lungs. They can inflame and damage airways and make the lungs more susceptible to infection."
[37] The Internet "word of mouth" on ozone generating machines got so bad that the EPA
(Environmental Protection Agency) recently had to come out and publicly advise Americans not
to use ozone generators as a preventative device for dealing with the coronavirus, as the risks far
outweigh any possible rewards! [38]
3.2.1. Supplements and Drugs
During the early part of the COVID-19 pandemic in the United States, there was intense interest
in existing supplements and even prescription drugs that might prove helpful in preventing
against and/or treating the coronavirus. [39] Even the President of the United States, Donald
Trump, got in on the action here, helping fuel intense consumer interest levels in
Hydroxychloroquine, a long-standing antimalarial drug that quite controversially may - or may
not - prove to have some efficacy in treating COVID-19 infection. [40]
And while the political, medical, and scientific debate rages on over the efficacy of
Hydroxychloroquine's potential use in treating the coronavirus, the media attention has only
served to fuel Americans curiosity in the drug. [41] This is evidenced by the fact that, as can be
seen in Figure 9 (American Consumer Interest Levels in Hydroxychloroquine, March 2020)
Figure 9. American Consumer Interest Levels in Hydroxychloroquine, March 2020
online consumer interest levels for Hydroxychloroquine jumped by an astonishing 7000% in
March 2020 alone!
The present analysis of the Glimpse consumer interest level data for March 2020 revealed spikes
in common supplements such as Vitamin C Gummies (up 532%) and Zinc Lozenges (up 1250%),
10. International Journal of Managing Information Technology (IJMIT) Vol.12, No.2, May 2020
10
and even for pantry items like Oregano Oil (up 124%) that might have some
therapeutic/preventative properties. However, much more concerningly, so too did public interest
in a whole host of prescription drugs, which, like Hydroxychloroquine, were being touted by
some reputable and some not so reputable sources in the media and especially online as possible
"cures" for the coronavirus. These were largely for drugs to be used in so-called "off-label use"
(which means using an FDA-approved drug for an unapproved use), [42] as well as
pharmaceuticals that might not even have been granted approval for use in the United States,
including drugs such as:
Arbidol (up over 13,000%!) (See Figure 10: American Consumer Interest Levels in Arbidol,
March 2020)
Figure 10. American Consumer Interest Levels in Arbidol, March 2020
Aplidin (up over 5,000%!) (See Figure 11: American Consumer Interest Levels in Aplidin,
March 2020)
11. International Journal of Managing Information Technology (IJMIT) Vol.12, No.2, May 2020
11
Figure 11. American Consumer Interest Levels in Aplidin, March 2020
Tocilizumab (up 5,000%!) (See Figure 12: American Consumer Interest Levels in
Tocilizumab, March 2020)
Figure 12. American Consumer Interest Levels in Tocilizumab, March 2020
Umifenovir (up 4,700%!) (See Figure 13: American Consumer Interest Levels in Umifenovir,
March 2020)
12. International Journal of Managing Information Technology (IJMIT) Vol.12, No.2, May 2020
12
Figure 13. American Consumer Interest Levels in Umifenovir, March 2020
Plaquenil (up over 3200%) (See Figure 14: American Consumer Interest Levels in Plaquenil,
March 2020)
Figure 14. American Consumer Interest Levels in Plaquenil, March 2020
Kaletra (up over 1700%) (See Figure 15: American Consumer Interest Levels in Kaletra,
March 2020)
13. International Journal of Managing Information Technology (IJMIT) Vol.12, No.2, May 2020
13
Figure 15. American Consumer Interest Levels in Kaletra, March 2020
Lopinavir (up almost 1000%) (See Figure 16: American Consumer Interest Levels in
Lopinavir, March 2020)
Figure 16. American Consumer Interest Levels in Lopinavir, March 2020
The issues involving the use of prescription drugs off-label and even pharmaceuticals that have
not received FDA approval against the coronavirus is a complex subject, one deserving attention
far, far beyond what this author can - or should - provide. As the President of the American
Medical Association, Dr. Patrice Harris, recently warned: "This is a new virus, and so we should
not be promoting any medication or drug for any disease that has not been proven and approved
14. International Journal of Managing Information Technology (IJMIT) Vol.12, No.2, May 2020
14
by the FDA.” [43] This is why this researcher is not going to address the specifics as to why these
particular prescription drugs trended during the key month of consumer interest level under
review in the present study. To do so might be irresponsible, perhaps even dangerous in light of
the risk involved in perpetuating any misinformation that is out there regarding the use of these
medications in fighting the coronavirus - even as this article is to read and disseminated months
and even years after the 2020 pandemic
.
One thing is certain however: The consumer interest level in grasping for anything that might
help prevent coronavirus infection or work for COVID-19 patients is something that the media,
public officials, and yes, pharmaceutical companies should continuously monitor and be in a
position to "rapid react" to as trends in online activities develop. "Things" seen on social media,
heard in real life, and viewed in online and/or traditional media can quickly form into a vicious,
and even dangerous circle and put lives at risk. Therefore, this is an area of Web activity that
needs to be closely and continuously monitored. While the monthly data examined here is
interesting in terms of looking at macro level movements of American consumer interest levels at
this time in retrospect, real-time analysis of such trends will be especially critical for companies
and governments to protect public health from misinformation on pharmacological treatment
options and availability during the pandemic.
4. CONCLUSION
In a time of great uncertainty, from almost every perspective - health, economic, social, familial,
etc. - we know that all of us likely made use of the Internet more than ever before in the time of
the Great Pandemic of 2020. In this unprecedented time of self-isolation and stay-at-home orders,
Americans were online - working, watching, communicating, and yes, searching for medical
information online and answers to the questions that all of us have in the midst of the coronavirus
outbreak.
And so while this article is a single-shot analysis of one month of data detailing Americans’
consumer interest levels at this very unique and unprecedented period of history, it is hoped that
this is just the beginning of what will be a very interesting stream of research on how we - both
collectively and individually - interact online in an era of profound crisis. As a management
professor and “expert” on such marketing and strategic matters, this researcher believes that we
will learn a great deal from analyzing how not just Americans, but individuals around the world
used the luxury of “having the world at our fingertips” during the coronavirus pandemic of 2020.
And maybe, just maybe, we can learn lessons on how to do things better in terms of corporate,
governmental and individual/familial reactions in a time of collective crisis. This researcher
believes that there is a great deal of insight to be gained from all of this and looks forward to
more work on how we can “anticipate the unanticipatable” and do better the next time - or better
yet, help to prevent that next time from ever happening! And yes, pandemic marketing analysis
and consumer behavior research could prove very helpful in doing so.
ACKNOWLEDGEMENTS
The author would like to thank Glimpse and CEO Noah Fram-Schwartz for their cooperation in
this research project.
REFERENCES
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[2] Bilefsky, D. and Yeginsu, C., 2020. Of ‘Covidivorces’ And ‘Coronababies’: Life During A
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[3] Investopedia. 2020. Black Swan. Available at: https://www.investopedia.com/terms/b/blackswan.asp
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