This document provides an overview of Gartner's research on digital transformation and innovation in the healthcare and life sciences industries. It discusses key topics that will be covered, including industry trends, digital strategies, and advanced intelligence/analytics. The research aims to help CIOs and IT leaders navigate changes in these dynamic industries and support critical business objectives through sophisticated IT and a "digital first" approach. Specific areas that will be addressed include data/AI strategies, digital business models, and innovations shaping future operating models. The goal is to provide guidance to accelerate benefits from digitalization and position organizations for success amid ongoing disruption.
To succeed in a modern digital world, healthcare industry must be data driven. Hospitals and healthcare institutions desire to make their workflows more efficient in order to meet demand. One way they can achieve this is with the help of business intelligence BI software. BI refers to the acquisition, correlation, and transformation of data into insightful and actionable information through analytics. Utilizing a BI software is an indispensable part of the growth process toward becoming data driven. In the modern healthcare environment, almost all BI initiatives will be driven by data analytics. This paper provides a brief examination of the deployment and constraints of business intelligence in healthcare. Matthew N. O. Sadiku | Adedamola Omotoso | Sarhan M. Musa ""Healthcare Business Intelligence: A Primer"" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-2 , February 2020,
URL: https://www.ijtsrd.com/papers/ijtsrd30041.pdf
Paper Url : https://www.ijtsrd.com/engineering/other/30041/healthcare-business-intelligence-a-primer/matthew-n-o-sadiku
To lead digital transformation, CIOs at pharmaceutical and medical device companies need to adopt new workstyles and mindsets, including C-level relationship-building and the ability to both catalyze innovation and find the talent to execute on it.
Prescriptions for Healthcare's Digital CIOsCognizant
Healthcare CIOs are poised to expand their influence amid a perfect storm of regulatory and market forces that require a digital response. Our latest research reveals the new work styles and mindsets CIOs should adopt to prepare for this important organizational role.
The traditional “wait and respond” approach where IT waits for the business to give them direction before they prepare to take action is no longer viable. For Mid-Market CIOs to be viable and effective, they must reframe their role to position IT at the heart of your business strategy appropriately. With this session, attendees will learn how they can play a strategic role in connecting the dots between technology trends and business outcomes. At the end of this session, attendees will leave the session with a practical and executable course of action in time for 2019 planning season.
Presented at BoardRoom Events Midmarket CIO Forum October 2018
Big Data Update - MTI Future Tense 2014Hawyee Auyong
The Futures Group first wrote about the emerging phenomenon of Big Data in 2010 as it was about to enter the mainstream. It was envisaged that Big Data would create a demand for new skills (Google has identified statisticians as the “sexy job of the decade”) and generate new industries. This report updates on the industry value chain and business models for the data analytics industry, latest developments as well as the opportunities for Singapore.
To succeed in a modern digital world, healthcare industry must be data driven. Hospitals and healthcare institutions desire to make their workflows more efficient in order to meet demand. One way they can achieve this is with the help of business intelligence BI software. BI refers to the acquisition, correlation, and transformation of data into insightful and actionable information through analytics. Utilizing a BI software is an indispensable part of the growth process toward becoming data driven. In the modern healthcare environment, almost all BI initiatives will be driven by data analytics. This paper provides a brief examination of the deployment and constraints of business intelligence in healthcare. Matthew N. O. Sadiku | Adedamola Omotoso | Sarhan M. Musa ""Healthcare Business Intelligence: A Primer"" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-2 , February 2020,
URL: https://www.ijtsrd.com/papers/ijtsrd30041.pdf
Paper Url : https://www.ijtsrd.com/engineering/other/30041/healthcare-business-intelligence-a-primer/matthew-n-o-sadiku
To lead digital transformation, CIOs at pharmaceutical and medical device companies need to adopt new workstyles and mindsets, including C-level relationship-building and the ability to both catalyze innovation and find the talent to execute on it.
Prescriptions for Healthcare's Digital CIOsCognizant
Healthcare CIOs are poised to expand their influence amid a perfect storm of regulatory and market forces that require a digital response. Our latest research reveals the new work styles and mindsets CIOs should adopt to prepare for this important organizational role.
The traditional “wait and respond” approach where IT waits for the business to give them direction before they prepare to take action is no longer viable. For Mid-Market CIOs to be viable and effective, they must reframe their role to position IT at the heart of your business strategy appropriately. With this session, attendees will learn how they can play a strategic role in connecting the dots between technology trends and business outcomes. At the end of this session, attendees will leave the session with a practical and executable course of action in time for 2019 planning season.
Presented at BoardRoom Events Midmarket CIO Forum October 2018
Big Data Update - MTI Future Tense 2014Hawyee Auyong
The Futures Group first wrote about the emerging phenomenon of Big Data in 2010 as it was about to enter the mainstream. It was envisaged that Big Data would create a demand for new skills (Google has identified statisticians as the “sexy job of the decade”) and generate new industries. This report updates on the industry value chain and business models for the data analytics industry, latest developments as well as the opportunities for Singapore.
We conducted a ground-breaking survey of the UK’s data and business professionals to get a snapshot of the state of the world of data, uncover some of the issues facing the industry and get a sense of the changes on the horizon. The results were enlightening, and in some cases, very surprising.
The Fundamentals of Business Intelligence is a comprehensive overview of data and data analysis. The guide explains the types of data available to businesses and how these data types work with one another to provide insights to large companies. Look beyond the hype of big marketing to understand the role of all types of data and understand what big data is in the right context.
This presentation provides a "first hand" look at how PR and marketing pros can raise their brand awareness by using Big Data and predictive analytics.
Healthcare Digital Transformation - Outlook and recommendations for 2019Damo Consulting Inc.
In our inaugural review of healthcare’s digital transformation, we assess the current state of digital, analytics, and technology-led innovation in healthcare, and offer our recommendations to healthcare enterprises and technology solution providers.
Insights Success is a platform that focuses distinctively on emerging as well as leading IT companies, their confrontational style of doing business and way of delivering effective and collaborative solutions to strengthen market share.Our magazine talks about leaders and orators from the world of technology, which includes CEO’s, CIO’s, VP’s, Managers and other professionals who had set a benchmark in the revolution of IT industry.
Insights success the 10 most high tech it services companies.compressedMerry D'souza
Insights Success is a platform that focuses distinctively on emerging as well as leading IT companies, their confrontational style of doing business and way of delivering effective and collaborative solutions to strengthen market share.Our magazine talks about leaders and orators from the world of technology, which includes CEO’s, CIO’s, VP’s, Managers and other professionals who had set a benchmark in the revolution of IT industry.
Addressing India's Reskilling Challenge - A Report By AIMRicha Bhatia
In our report, we dig into the educational stakeholder
landscape to see how they are transforming the skills market by
developing training courses and certification programmes that
correspond to in-demand skills required today. We look at the
type of educational institutions offering data and analytics
programs; how the educational landscape is changing in
response to the heightened demand for analytics skills and
what needs to be done to fill the skill gap.
Data Governance That Drives the Bottom LinePrecisely
The financial services sector is investing heavily in data governance solutions to find, understand and trust customer data, while also managing compliance risk around an ever-evolving regulatory landscape more effectively.
But do you still find it difficult to get management support for data governance budgets? Do you have the tools you need to determine the “business cost of data” accurately? Can you show the CFO an ROI projection he can count on? Are you able to answer, “Will I see results on the top line or the bottom line?” Are your business line leaders able to identify areas that are losing money due to data problems?
If you answered no to any of these questions, join Precisely in our upcoming webinar that will focus on how Financial Services companies can monetize the return on investment for data governance and how to relate it to business results that every senior leader understands.
Join this on-demand webinar to learn about:
- How to select data initiatives based on corporate goals and strategy
- How to connect the dots from data challenges (quality, availability, accuracy, currency) to specific business metrics around
- How to quantify the data contribution to improving business performance around
- How to leverage metadata and linage to get a 360-degree understanding of your data
- How to evaluate data assets by assigning measures and defining scores.
- How to assign accountability to assets and processes
- How to define and execute the workflows needed to implement corrective actions
- How to highlight the benefits of data governance
Three Engagement Models for Embracing Digital in Life SciencesCognizant
Life sciences organizations must weigh their options for digital transformation. Here's an evaluative guide, with pros and cons and selection criteria, to three engagement models where digital innovation is either IT-centric, business-centric or managed by a 'new entity'.
People & Technology: Vision for Life Sciences 2016accenture
Industry leaders are rethinking the critical role of people when harnessing advances in digital technologies. We have identified four themes that will have a significant impact in the life sciences industry over the next 12 months.
Technology Strategy for the Digital Age is an executive briefing that outlines the changing business and IT landscape and provides a framework for how IT Strategy must also change to match these realities. The Technology Strategies for the Digital Age includes a playbook and a template on how to craft a compelling IT Strategy and Plan based on the principles and practices outlined in the deliverable. Visit: https://www.stratrix.com/store/technology-strategy-for-the-digital-age/
We conducted a ground-breaking survey of the UK’s data and business professionals to get a snapshot of the state of the world of data, uncover some of the issues facing the industry and get a sense of the changes on the horizon. The results were enlightening, and in some cases, very surprising.
The Fundamentals of Business Intelligence is a comprehensive overview of data and data analysis. The guide explains the types of data available to businesses and how these data types work with one another to provide insights to large companies. Look beyond the hype of big marketing to understand the role of all types of data and understand what big data is in the right context.
This presentation provides a "first hand" look at how PR and marketing pros can raise their brand awareness by using Big Data and predictive analytics.
Healthcare Digital Transformation - Outlook and recommendations for 2019Damo Consulting Inc.
In our inaugural review of healthcare’s digital transformation, we assess the current state of digital, analytics, and technology-led innovation in healthcare, and offer our recommendations to healthcare enterprises and technology solution providers.
Insights Success is a platform that focuses distinctively on emerging as well as leading IT companies, their confrontational style of doing business and way of delivering effective and collaborative solutions to strengthen market share.Our magazine talks about leaders and orators from the world of technology, which includes CEO’s, CIO’s, VP’s, Managers and other professionals who had set a benchmark in the revolution of IT industry.
Insights success the 10 most high tech it services companies.compressedMerry D'souza
Insights Success is a platform that focuses distinctively on emerging as well as leading IT companies, their confrontational style of doing business and way of delivering effective and collaborative solutions to strengthen market share.Our magazine talks about leaders and orators from the world of technology, which includes CEO’s, CIO’s, VP’s, Managers and other professionals who had set a benchmark in the revolution of IT industry.
Addressing India's Reskilling Challenge - A Report By AIMRicha Bhatia
In our report, we dig into the educational stakeholder
landscape to see how they are transforming the skills market by
developing training courses and certification programmes that
correspond to in-demand skills required today. We look at the
type of educational institutions offering data and analytics
programs; how the educational landscape is changing in
response to the heightened demand for analytics skills and
what needs to be done to fill the skill gap.
Data Governance That Drives the Bottom LinePrecisely
The financial services sector is investing heavily in data governance solutions to find, understand and trust customer data, while also managing compliance risk around an ever-evolving regulatory landscape more effectively.
But do you still find it difficult to get management support for data governance budgets? Do you have the tools you need to determine the “business cost of data” accurately? Can you show the CFO an ROI projection he can count on? Are you able to answer, “Will I see results on the top line or the bottom line?” Are your business line leaders able to identify areas that are losing money due to data problems?
If you answered no to any of these questions, join Precisely in our upcoming webinar that will focus on how Financial Services companies can monetize the return on investment for data governance and how to relate it to business results that every senior leader understands.
Join this on-demand webinar to learn about:
- How to select data initiatives based on corporate goals and strategy
- How to connect the dots from data challenges (quality, availability, accuracy, currency) to specific business metrics around
- How to quantify the data contribution to improving business performance around
- How to leverage metadata and linage to get a 360-degree understanding of your data
- How to evaluate data assets by assigning measures and defining scores.
- How to assign accountability to assets and processes
- How to define and execute the workflows needed to implement corrective actions
- How to highlight the benefits of data governance
Three Engagement Models for Embracing Digital in Life SciencesCognizant
Life sciences organizations must weigh their options for digital transformation. Here's an evaluative guide, with pros and cons and selection criteria, to three engagement models where digital innovation is either IT-centric, business-centric or managed by a 'new entity'.
People & Technology: Vision for Life Sciences 2016accenture
Industry leaders are rethinking the critical role of people when harnessing advances in digital technologies. We have identified four themes that will have a significant impact in the life sciences industry over the next 12 months.
Technology Strategy for the Digital Age is an executive briefing that outlines the changing business and IT landscape and provides a framework for how IT Strategy must also change to match these realities. The Technology Strategies for the Digital Age includes a playbook and a template on how to craft a compelling IT Strategy and Plan based on the principles and practices outlined in the deliverable. Visit: https://www.stratrix.com/store/technology-strategy-for-the-digital-age/
Inside this Issue
1. Crafting a Digital Strategy: A Primer for Indian Pharma by Manish Bajaj
Steps and mantras for digital transformation of the pharma organization
2. Effective Management begins with Role Clarity by K. Hariram
Role clarity and the importance of coaching for successful frontline management
3. Digital Transformation in Pharma Begins with a Mindset Change by Sandeep Narula
The biggest challenge is not technology adoption but mindset change
4. Who Moved my Visual Aid? by Vivek Hattangadi
A story of how digital technology made the Visual Aid obsolete – inspired by Dr. Spencer Johnson. Download here.
5. AIOCD Market Highlights by Ameesh Masurekar
Market highlights for the month of January 2018
Report on strategic rules of Information System for changing the bases of com...Md. Khukan Miah
Achieving advantages requires broad IS management and user dialogue plus imagination. The process is complicated by the fact that many IS products are strategic though the potential benefits are very subjective and not easily verified. Often a strict ROI focus by senior management may turn attention toward narrow, well-defined targets as opposed to broader strategic opportunities that are harder to analyze.
As part of my Strategy and Innovation course, I conducted a focal firm analysis on Mercer. In this analysis, I have used tools such as VRIO, STEEP, Five Forces, SWOT, S-Curve, Business Model Canvas, and Hypothesis Testing.
Your Challenge
Organizations have to adapt to a growing number of trends, putting increased pressure on IT to move at the same speed as the business.
The business, seeing that IT is slower to react, looks to external solutions to address its challenges and capitalize on opportunities.
IT and business leaders don’t have a clear and unified understanding or definition of an operating model.
Our Advice
Critical Insight
The IT operating model is not a static entity and should evolve according to changing business needs.
However, business needs are diverse, and the IT organization must recognize that the business includes groups that consume technology in different patterns. The IT operating model needs to support and enable multiple groups, while continuously adapting to changing business conditions.
Impact and Result
Determine how each technology consumer group interacts with IT. Use consumer experience maps to determine what kind of services consumer groups use and if there are opportunities to improve the delivery of those services.
Identify how changing business conditions will affect the consumption of technology services. Classify your consumers based on business uncertainty and reliance on IT to plan for the future delivery of services.
Optimize the IT operating model. Create a target IT operating model based on the gathered information about technology service consumers. Select different implementations of common operating model elements: governance, sourcing, process, and structure.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
We’ve worked with Executives and IT leaders for over 30 years, and the single most common complaint we hear from them is their profound frustration with the lack of results and transparency from their never-ending IT investments.
To add further complexity, the demand for digital products and services has made it increasingly difficult for organizations to make ongoing investments and balance the need for innovation with optimization.
The latest data, combined from global enterprises, big consulting and research firms, makes the case that companies need to urgently act to address the digital disruption of their business and their related skills gaps. The data shows that 70% of digital business initiatives are likely to fail to deliver business growth, due to lack of business process and product innovation, as well as poor organizational adaptability.
Poor governance and legacy product management processes to align business and IT initiatives, coupled with insufficient leadership engagement across the organization, are the main reason most companies are wasting money on IT.
This thought paper speaks to these challenges and how optimizing both technology innovation and cross-organizational engagement will accelerate the positive business outcomes that organizations are looking to achieve especially in lieu of increasing digital disruption.
Authors - Alex Adamopoulos and Bob Kantor
Critical Healthcare M&A Strategies: A Data-driven ApproachHealth Catalyst
Historically technology and talent were primary assets used to weigh the value of M&A activity, but data is an equal pillar. Buyers (the acquiring organizations) face enormous responsibility and risk with M&A transactions. C-suite leaders have a lot to consider—enterprise-wide technology, finances, operations, facilities, talent, processes, workflows, etc.—during the due diligence process. But attention is often heavily weighted toward time-honored balance sheet and facility assets rather than next-generation assets with the long-term strategic value in the M&A process: data. The model for conducting due diligence around data involves four disciplines:
Establish the strategic objectives of the M&A with the leadership team.
Prioritize data along with the standardization of solutions and the design of a new IT organization (i.e., a co-equal effort for data, tools, and talent).
Identify the near-term data strategic priorities, stakeholders, and tools.
Assess the talent and consider creating an analytics center of excellence (ACOE) to harness organizational capabilities.
The Fourth Industrial Revolution will permanently change how medical device companies do business. Historically, the medical device industry has created tremendous value via the creation of therapeutic devices. It is now time for the industry to invest more effort in analytics-based solutions that enable seamless, real-time care management.
Unlocking Productivity: Leveraging the Potential of Copilot in Microsoft 365, a presentation by Christoforos Vlachos, Senior Solutions Manager – Modern Workplace, Uni Systems
Essentials of Automations: The Art of Triggers and Actions in FMESafe Software
In this second installment of our Essentials of Automations webinar series, we’ll explore the landscape of triggers and actions, guiding you through the nuances of authoring and adapting workspaces for seamless automations. Gain an understanding of the full spectrum of triggers and actions available in FME, empowering you to enhance your workspaces for efficient automation.
We’ll kick things off by showcasing the most commonly used event-based triggers, introducing you to various automation workflows like manual triggers, schedules, directory watchers, and more. Plus, see how these elements play out in real scenarios.
Whether you’re tweaking your current setup or building from the ground up, this session will arm you with the tools and insights needed to transform your FME usage into a powerhouse of productivity. Join us to discover effective strategies that simplify complex processes, enhancing your productivity and transforming your data management practices with FME. Let’s turn complexity into clarity and make your workspaces work wonders!
Pushing the limits of ePRTC: 100ns holdover for 100 daysAdtran
At WSTS 2024, Alon Stern explored the topic of parametric holdover and explained how recent research findings can be implemented in real-world PNT networks to achieve 100 nanoseconds of accuracy for up to 100 days.
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
Dr. Sean Tan, Head of Data Science, Changi Airport Group
Discover how Changi Airport Group (CAG) leverages graph technologies and generative AI to revolutionize their search capabilities. This session delves into the unique search needs of CAG’s diverse passengers and customers, showcasing how graph data structures enhance the accuracy and relevance of AI-generated search results, mitigating the risk of “hallucinations” and improving the overall customer journey.
Full-RAG: A modern architecture for hyper-personalizationZilliz
Mike Del Balso, CEO & Co-Founder at Tecton, presents "Full RAG," a novel approach to AI recommendation systems, aiming to push beyond the limitations of traditional models through a deep integration of contextual insights and real-time data, leveraging the Retrieval-Augmented Generation architecture. This talk will outline Full RAG's potential to significantly enhance personalization, address engineering challenges such as data management and model training, and introduce data enrichment with reranking as a key solution. Attendees will gain crucial insights into the importance of hyperpersonalization in AI, the capabilities of Full RAG for advanced personalization, and strategies for managing complex data integrations for deploying cutting-edge AI solutions.
Goodbye Windows 11: Make Way for Nitrux Linux 3.5.0!SOFTTECHHUB
As the digital landscape continually evolves, operating systems play a critical role in shaping user experiences and productivity. The launch of Nitrux Linux 3.5.0 marks a significant milestone, offering a robust alternative to traditional systems such as Windows 11. This article delves into the essence of Nitrux Linux 3.5.0, exploring its unique features, advantages, and how it stands as a compelling choice for both casual users and tech enthusiasts.
Threats to mobile devices are more prevalent and increasing in scope and complexity. Users of mobile devices desire to take full advantage of the features
available on those devices, but many of the features provide convenience and capability but sacrifice security. This best practices guide outlines steps the users can take to better protect personal devices and information.
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
How to Get CNIC Information System with Paksim Ga.pptxdanishmna97
Pakdata Cf is a groundbreaking system designed to streamline and facilitate access to CNIC information. This innovative platform leverages advanced technology to provide users with efficient and secure access to their CNIC details.
GridMate - End to end testing is a critical piece to ensure quality and avoid...ThomasParaiso2
End to end testing is a critical piece to ensure quality and avoid regressions. In this session, we share our journey building an E2E testing pipeline for GridMate components (LWC and Aura) using Cypress, JSForce, FakerJS…
Climate Impact of Software Testing at Nordic Testing DaysKari Kakkonen
My slides at Nordic Testing Days 6.6.2024
Climate impact / sustainability of software testing discussed on the talk. ICT and testing must carry their part of global responsibility to help with the climat warming. We can minimize the carbon footprint but we can also have a carbon handprint, a positive impact on the climate. Quality characteristics can be added with sustainability, and then measured continuously. Test environments can be used less, and in smaller scale and on demand. Test techniques can be used in optimizing or minimizing number of tests. Test automation can be used to speed up testing.
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...Neo4j
Leonard Jayamohan, Partner & Generative AI Lead, Deloitte
This keynote will reveal how Deloitte leverages Neo4j’s graph power for groundbreaking digital twin solutions, achieving a staggering 100x performance boost. Discover the essential role knowledge graphs play in successful generative AI implementations. Plus, get an exclusive look at an innovative Neo4j + Generative AI solution Deloitte is developing in-house.
Communications Mining Series - Zero to Hero - Session 1DianaGray10
This session provides introduction to UiPath Communication Mining, importance and platform overview. You will acquire a good understand of the phases in Communication Mining as we go over the platform with you. Topics covered:
• Communication Mining Overview
• Why is it important?
• How can it help today’s business and the benefits
• Phases in Communication Mining
• Demo on Platform overview
• Q/A
1. Page 1/9
Gartner, Inc. | 714345
Healthcare and Life Science Digital Transformation and
Innovation Primer for 2020
Published 24 January 2020 - ID G00714345 - 10 min read
By Analysts Mandi Bishop, Michael Shanler, Bryan Cole, Laura Craft, Jeff Cribbs, Mark Gilbert
Initiatives:Healthcare and Life Science Digital Transformation and Innovation
Healthcare and life science disruption demands sophisticated IT to achieve digital
transformation and critical business objectives. CIOs should use this research to prepare for
and navigate future challenges and opportunities of the increasingly dynamic healthcare
ecosystem.
Scope
Competitive differentiation amid rapid healthcare and life science industry changes requires
insights, frameworks and strategies to deliver value from new business and operating models.
The core topics this initiative covers are:
Some content may not be available as part of your current Gartner subscription. Contact an
account executive if you wish to discuss expanding your access to Gartner content.
Analysis
Figure 1. Healthcare and Life Science Digital Transformation and Innovation Overview
Industry dynamics: trends, business and operating models, innovation — Distills the global
patterns, policies and shifting dynamics that are shaping healthcare of the future and dives
deeply into the IT implications.
■
Digital strategy: digital business, industry platform models, IT strategy — Details digitalization
strategies, frameworks, processes and practices that will enable organizations’ transformation
goals.
■
Advanced intelligence and insight: data curation, AI, analytics strategy — Illuminates best
practices, strategies and core competencies across all aspects of healthcare and life science
artificial intelligence (AI), data and analytics delivery excellence including people, process,
platforms and vendors.
■
2. Page 2/9
Gartner, Inc. | 714345
Gartner
Shifting geopolitical climates, massive medical advances, exploding numbers of digital devices
and services, and digital giant disruptors are accelerating healthcare and life science
transformation. For example, AI is at the peak of hype and is the most powerful and pervasive
capability across healthcare technologies. It is changing the game for clinical and administrative
processes as well as creating new ethical quandaries. New business and operating models are
emerging to address increasing demand and escalating costs for medical and health services.
Ecosystem roles are evolving as new competitive fronts are redefining relationships among
participants, forcing the convergence of previously siloed lines of business and industry sectors.
To compete and succeed amid uncertainty and rapid change, healthcare industry leaders must
respond to — and embrace — disruption and confront major common challenges. In annual reports
and trade publications, CEOs across sectors are evangelizing digital and innovation initiatives as
strategic imperatives to seize the opportunities of disruption and overcome challenges.
3. Page 3/9
Gartner, Inc. | 714345
To deliver on these priorities, CIOs must adopt a “digital first” mindset. This means adapting to
pervasive change, anticipating disruptions, creating an adaptable IT organization and culture, and
making the right investments in a timely fashion. To do all this, CIOs and IT leaders must make
strategic decisions that enhance service delivery models, core value delivery approaches and
underlying competencies. These decisions, in turn, will affect leadership, cultures, business models,
organizational structures, skills, processes and technologies. The transformation that customers
demand requires technology to enable new business models and break through the barriers to
change.
Topics
Every CIO must play a leading role in identifying, preparing for and navigating future challenges
and opportunities of the healthcare ecosystem. Understanding macro-level industry trends and
their implications, and using them to influence short-term and long-term investments and
strategies, will enable CIOs to successfully lead their organizations’ digital transformation
initiatives to maximum impact.
Our research supports CIOs and IT leaders as they prepare their organizations for the major in-
progress and emerging changes. CIOs who use Gartner’s healthcare industry research and advice
will be able to accelerate and amplify the benefits of digitalization across the healthcare
landscape. They also will be better prepared to lead amid the market and technology changes that
are driving their business priorities. They will be able to act quickly on opportunities to exploit
digital technologies, focusing on prospects that are relevant to their business priorities and have
the potential for high impact.
Our research in this area addresses the following topics:
Advanced Intelligence and Insight: Data Curation, AI, Analytics Strategy
This core topic covers strategies, technologies and practices to successfully apply data, analytics
and AI to achieve critical outcomes and business objectives across the healthcare and life science
industries. The research provides guidance to help deliver the highest value from data and
analytics investments. It defines solutions across analytics tools, technologies, vendors and
architecture, and encompasses foundational competencies, best practices, industry use cases,
innovation and emerging analytics techniques.
Questions Your Peers Are Asking
Recommended Content
Some recommended content may not be available as part of your current Gartner subscription.
How can I develop advanced analytics capabilities (AI, data curation and management, skills) to
discover and unleash value from healthcare and life science data?
■
“Gartner Healthcare Analytics Framework for Healthcare CIOs”
■
4. Page 4/9
Gartner, Inc. | 714345
Planned Research
Digital Strategy: Digital Business, Industry Platform Models, IT Strategy
This core topic dives deeply into the IT implications of industry dynamics and provides an
understanding of how healthcare organizations should leverage technology to support innovative
and transformative healthcare industry models. It helps develop a strategy that fits the context of
the changing industry, as well as the business priorities and implications of the industry’s business
drivers.
Questions Your Peers Are Asking
Recommended Content
Some recommended content may not be available as part of your current Gartner subscription.
“Progress in Healthcare Analytics Lies in Leveraging Data”
■
“Emerging Applications of AI for Healthcare Providers”
■
“Healthcare Provider CIOs: Get Ahead of AI Innovation With Strong AI Governance”
■
“Healthcare’s Digital Data Dexterity Demands a Data Curation and Enrichment Hub”
■
“Drive a New Data and Analytics Architecture to Match Your Digital Healthcare Provider Needs”
■
Top innovations and advancements in healthcare analytics and AI as well as their value
propositions
■
Strategies to create a data-driven culture and elevate organizationwide analytic literacy
■
Support for the development and implementation of analytics strategies, and building
competencies essential to sustaining the value contribution of data-driven insights
■
Insights into the organization, skills and key competencies needed to deliver effective results
from analytics
■
How can I align digital and IT strategies to support my organization’s critical business
imperatives?
■
“2020 CIO Agenda: A Healthcare Payer Perspective”
■
“2020 CIO Agenda: A Healthcare Provider’s Perspective”
■
“Emerging Digital Health Business Models Create the Need for Open Ecosystem IT Platforms”
■
“Best Practices for Reimagining Your Life Sciences Company as a Digital Business Technology
Platform”
■
5. Page 5/9
Gartner, Inc. | 714345
Planned Research
Industry Dynamics: Trends, Business and Operating Models, Innovation
This core topic references global patterns, policies and shifting dynamics that are shaping the
healthcare of the future. It addresses the market forces and drivers that influence technology
decisions including social, economic, political, environmental and technology patterns, and their
influence on healthcare and, most specifically, on healthcare transformation. The core topic
includes predictions, business drivers and technology innovation trends.
Questions Your Peers Are Asking
Recommended Content
Some recommended content may not be available as part of your current Gartner subscription.
“How CIOs Can Build Six Key Competencies to Advance Healthcare Ecosystem Orchestration
Ability”
■
Digital business, platform and IT strategy creation and alignment with organizational, mission-
critical priorities and objectives
■
Insights into digital strategies and capabilities to create new value, including innovative use
cases and best practices for deployment
■
Roadmaps for navigating the transformational digital journey, including survey-based insight on
industry progress
■
Frameworks and Toolkits for applying digital business, digital optimization and transformation
in the healthcare and life science industries, inclusive of platforms, digital key performance
indicators (KPIs) and alignment with organizational priorities
■
What are the innovations, trends, and forces that are shaping the future business and operating
models of the healthcare and life science industries?
■
“Business Drivers of Technology Decisions for Healthcare Payers, 2020”
■
“Business Drivers of Technology Decisions for Healthcare Providers, 2020”
■
“Business Drivers of Technology Decisions for Life Science Organizations, 2020”
■
“Healthcare Payer CIO Guide to the Industry’s Technology Innovation Trends”
■
“Healthcare Provider CIO Guide to the Industry’s Technology Innovation Trends”
■
“Life Science CIO Guide to the Industry’s Technology Innovation Trends”
■
6. Page 6/9
Gartner, Inc. | 714345
Planned Research
Suggested First Steps
“Predicts 2020: Healthcare Providers Must Strike a Balance for Digital Business Success”
■
“Predicts 2020: U.S. Healthcare Payers Put Emerging Technologies at Center Stage”
■
“Predicts 2020: Life Science CIOs Must Digitalize for Business Growth”
■
“Cool Vendors in Healthcare Artificial Intelligence”
■
“Cool Vendors in Digital Business Transformation in Healthcare”
■
Identify market forces and drivers that influence technology decisions including social,
economic, political, environmental and technology patterns
■
Assess future challenges and opportunities via predictions, technology innovation trends,
business drivers and priorities, and implications for the healthcare industry
■
Explore new and emerging business and operating models
■
Insights into customer, peer, vendor and consumer actions and attitudes to reinforce the urgency
and direction of change
■
Hype Cycles for major industry sectors (that is, providers, U.S. payers and life sciences)
■
Assess emerging and disruptive technologies, such as those seen in Cool Vendor profiles
■
Attend a Gartner IT Symposium/Xpo event. Attend industry and core technology sessions and
meet with analysts and peers to glean insights about business and technology trends affecting
healthcare and life sciences.
■
Attend the Data & Analytics Summit. Attend industry and core technology sessions and meet
with analysts and peers to develop and refine data and analytics strategies and best practices.
■
“A CIO’s Hype Cycle Reference Guide for the Healthcare and Life Science Industries” — This Hype
Cycle provides an orientation tool for industry-specific and other Hype Cycles and technologies
highly relevant to the needs of healthcare and life science CIOs, who must navigate numerous
unique industry technology sets.
■
“Healthcare Innovation Trend: Advancing Medical Science” — This research provides insight on
how medical science advancement is driven by trends, such as digitalization, Internet of Things
(IoT) analytics, AI or machine learning (ML) capabilities, manufacturing and prototyping
methods, understanding patient behaviors and treatment modalities, and new data sources.
■
7. Page 7/9
Gartner, Inc. | 714345
Essential Reading
“Healthcare Innovation Trends: Managing a Health Ecosystem” — This research provides
guidance on how the healthcare and life science industries’ massive shift to value-based care
and consumer centricity has accelerated the reformation of business ecosystems to reflect the
consumer’s comprehensive health and healthcare needs.
■
“Healthcare Innovation Trends: Transforming Care Delivery” — This research provides insight on
how precision and genomic medicine, real-time clinical operation, virtual care, population health
and care pathway orchestration platforms are emerging and converging to form hyperconnected
digital services and smart infrastructure as a new healthcare delivery model.
■
“Healthcare Innovation Trends: Reinventing Hospital Operations and Administration” — This
research offers guidance to provider CIOs to optimize and transform clinical and administrative
operations that contribute key performance measures, patient satisfaction, and retention and
revenue objectives and growth. This can be accomplished by identifying and deploying
technologies that eliminate latency and waste, optimizing costs, increasing staff and resource
utilization, and leveraging economies of scale and innovation.
■
“Healthcare Innovation Trends: Administrating Ecosystem Efficiency” — This research provides
insight on how administration is essential to the operation of healthcare and life science
organizations and instrumental to the delivery of treatments to consumers through transacting
money, exchanging information, providing incentives, managing care, monitoring safety and
improving quality.
■
“Healthcare Innovation Trends: Bridging Consumers’ Engagement Gap With Their Health” — This
research focuses on the importance of improving consumer engagement within all industry
segments as they continue to accelerate year-over-year investments in consumer engagement
solutions.
■
“Healthcare Innovation Trends: Creating a New Era of Insight-Driven Healthcare” — This research
offers insight into rapid innovation across all sectors of the industry (providers, payers and life
sciences) characterized by pervasive digital representation of clinical and operational
environments and the means to drive insights from the data using AI.
■
“Healthcare Innovation Trends: Bending the Healthcare Cost Curve” — This research focuses on
how healthcare and life science organizations that are continually under pressure from
governments, private payers and consumers can control product and service costs while
simultaneously enhancing the quality of care to improve health outcomes.
■
“A CIO’s Hype Cycle Reference Guide for the Healthcare and Life Science Industries” — This
guide provides an orientation tool for industry-specific and other Hype Cycles and technologies
highly relevant to the needs of healthcare and life science CIOs.
■
8. Page 8/9
Gartner, Inc. | 714345
Recommended For You
Healthcare Innovation Trend: Advancing Medical Science
Healthcare Innovation Trends: Bridging Consumers’ Engagement Gap With Their Health
Healthcare Innovation Trends: Reinventing Hospital Operations and Administration
Healthcare Innovation Trends: Administrating Ecosystem Efficiency
A CIO’s Hype Cycle Reference Guide for the Healthcare and Life Science Industries
“Hype Cycle for Healthcare Providers, 2019” — This Hype Cycle tracks the most significant IT
directions in applications, analytics and systems relevant to the healthcare provider enterprise.
The implications impact health outcomes.
■
“Hype Cycle for U.S. Healthcare Payers, 2019” — This Hype Cycle provides critical input for
strategic planning by tracking the maturity levels and adoption rates of emerging payer
technologies and approaches. U.S. healthcare payer CIOs should use this research to plan their
investments to optimize and transform.
■
“Hype Cycle for Life Science Research and Development, 2019” — This Hype Cycle identifies
innovation opportunities, creates value and cements a place in the healthcare ecosystem for life
science CIOs, who are now implementing their organizations’ digital R&D vision and leveraging
technologies to efficiently develop drugs, devices and digital therapies.
■
“Hype Cycle for Life Science Commercial Operations, 2019” — This Hype Cycle provides
guidance to CIOs to assess and implement emerging technologies to deliver transformation, in
conjunction with CEOs, to address accelerating medical innovation, emboldened payers,
frustrated patients and digital disruptors.
■
“Healthcare Provider CIO Guide to the Industry’s Technology Innovation Trends” — This guide
helps healthcare provider CIOs inform their digital investment strategy and avoid obsolescence,
as well as revealing technology innovations that can confront major challenges of the industry
and enable transformative change.
■
“Healthcare Payer CIO Guide to the Industry’s Technology Innovation Trends” — This guide
provides information on how CIOs should prioritize investment in accelerating digitalization
initiatives in response to the looming threat of disruption by new market entrants and regulation
to enable growth and help their organization avoid obsolescence.
■
“Life Science CIO Guide to the Industry’s Technology Innovation Trends” — This guide informs
life science CIO digital investment strategies in response to disruptive business forces, such as
medical and technology innovation and a changing definition of value.
■