Home TECH NEWS Promote the digital transformation of medical technology companies

Promote the digital transformation of medical technology companies

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Medical technology and pharmaceutical companies are moving beyond biopharmaceuticals, medical devices and equipment to provide comprehensive patient care. The key is to support sustainable forward-looking, predictive and personalized care delivery and management. This includes achieving better results, improving the experience of patients and clinicians in the care pathway, reducing healthcare costs, eliminating inefficiencies in the workflow, and maximizing integration capabilities.

In order to seek relevance and differentiation, many medical technology and pharmaceutical companies have embraced digitalization. As healthcare companies strive to increase the value of their customers and partners, digitalization is now seen as an enabler of this transformation.

With the advent of digital tools and technologies, the industry’s goal is to accelerate the use of healthcare data to improve processes, product development, and value propositions while finding new monetization models.

Successfully achieve digital transformation

Medical technology companies always have to choose where to invest in R&D resources: prioritize the development of their core competencies and solutions, or digital infrastructure and analytical capabilities. Although both are essential, not all companies have the funds to do these two tasks, or have the skills to develop data management or analytical algorithm capabilities, or develop a partner ecosystem to use, collaborate, create and share The ability to risk. In addition, these companies may not have experience in establishing governance and compliance structures to use clinical data in compliance with regulations.

Specific internal capabilities, planning and resources are required to develop and maintain the digital ecosystem to realize the multiple advantages of data, analysis, and collaboration with appropriate partners. The platform provides a cloud-based ecosystem for secure access and data sharing between multiple stakeholders, supported by digital tools and applications, and provides a way for like-minded companies to collaborate.

In this way, platform as a service (PaaS) allows users to take advantage of subscription-based data and cloud computing services without the complexity of building and maintaining infrastructure. It allows users to use a single platform to access, develop and run applications, and unify digital transformation, thereby reducing the use of resources required to promote transformation.

Max Milz, senior partner and senior vice president of Siemens Advanta Consulting, said: “Data is in a siloed state. In order to optimize the clinical path, all stakeholders need to work together through co-creation and cooperation.” “In other words, data needs to be securely combined. Access, process, store, analyze, and share in a standardized way so as to be useful to different stakeholders. PaaS is one of the driving factors for this integration. Medical technology companies can use the first mile connection with the hospital ecosystem as well as Last mile access to the data provided by the teamplay digital health platform to accelerate their digital transformation efforts.”

Medical technology requires a specific platform

Most healthcare data management use cases are industry-specific and require access to imaging, pathology, and clinical data. Stakeholders considering using the platform will benefit from working with a partner who is domain-specific and incubated and managed by another experienced medical technology organization.

The medical technology-specific platform provides vertical field expertise, access to relevant data, specific applications of the department, and experience in security and regulatory compliance requirements from the perspective of market entry and connectivity, enabling partners to focus on developing their Core solutions and value propositions. Using medical technology PaaS, medical equipment and equipment companies can flexibly and continuously adapt to changing market needs, optimize time and resource investment, and be guided by important partners with experience in developing platforms suitable for their purposes.

In a highly competitive market, medical technology companies must focus on accelerating product development while working with the best PaaS providers to help achieve their overall digital transformation goals.

“Most medical technology companies have powerful products,” explains Thomas Friese, senior vice president of digital platforms at Siemens Healthineers. “However, they also need to transform into a sustainable service model.”

And there is no need to act alone. “Cooperative competition is increasingly prominent in the medical technology and pharmaceutical fields, and all stakeholders can only benefit from integration. In this case, PaaS will become very important, so that with its specific field expertise and digital transformation capabilities, Position the teamplay digital health platform in a unique way,” Fries said.

A kind Verified and compliant PaaS platform: teamplay

A company with extensive experience in imaging and diagnosis can build a platform that combines a powerful diagnosis and treatment core with professional digital products, and systematically expands it to multiple functions.

Multiple use cases can be used as templates for technological progress, enabling partners to achieve their goals. teamplay acts as a technology accelerator for medical technology companies, providing first-mile connectivity and last-mile access.

As a platform provider specific to medical technology, Siemens Healthineers provides vertical field expertise and industry expertise to distinguish it from the horizontal platform functions provided by leading IT companies. The subscription model also allows users to diversify their investment over time and generate higher returns by providing partners with first-hand opportunities. Overall, Siemens Healthineers has a clear understanding of where it is suitable for partners by improving fidelity and ease of use, while reducing the time and effort of partners.

Cooperation provides advantages for digital transformation

The advantages of co-creating PaaS are obvious: this is a more strategic and long-term choice, with opportunities to cooperate, create and share risks. Compared with building a platform, cooperation provides scalability by optimizing time, resources, and investment. While building platforms with public cloud service providers, medical technology companies still need to network with hospitals for data access, and arrange integration with equipment and medical IT ecosystems.

However, partnering with medical technology PaaS provides scalability in terms of access and connectivity, as well as the platform’s ability to grow by adding new products, applications, and vendors.

Medical technology companies must choose a partner whose vision, breadth and services are aligned with the overall digital transformation efforts. In cooperation with Siemens Healthineers, you can access a proven and tested platform that is compliant, secure, and acts as a technology accelerator. It further provides the potential to focus on core competencies while cooperating to explore new and adjacent opportunities.

The teamplay digital health platform connects and integrates data from various sources across departments and agencies on a platform that is neutral to vendors, systems, and equipment. It provides a scalable deployment model with hybrid computing, combining cloud and edge deployment to serve specific use cases. Access is also open to artificial intelligence and digital health innovations and solutions from Siemens Healthineers and its carefully planned partner network, and provides opportunities to collaborate with peers and partners to achieve a risk-sharing model. It allows applications and algorithms to be deployed and run on a global scale through the use of secure platform infrastructure.

Most importantly, through Siemens Healthineers, medical technology companies have the opportunity to work with a platform that is continuously developed and provides clinical credibility and business relevance.

Learn more about PaaS technology in healthcare.

This content was produced by Insights, the custom content division of MIT Technology Review. It was not written by the editors of MIT Technology Review.

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