77% of Healthcare Leaders Believe They Need to be A Digital Business to Succeed: Microsoft Study
Published:29 Dec.2017    Source:Asia-Pacific Biotech News
Business leaders in Asia Pacific's healthcare industry are showing urgency in embracing the 4th Industrial Revolution, where 77% of them believe that they need to transform to a digital business to enable future growth and yet only 25% said that they have a full digital strategy in place today. These are some of the key findings of the Microsoft Asia Digital Transformation Survey to understand how business leaders in the healthcare sector are embracing the digital era.
Technology advancements have ushered in the 4th Industrial Revolution, where cutting-edge technologies such as Internet of Things (IoT), artificial intelligence (AI), advanced data analytics, and mixed reality that are powered by cloud computing are creating limitless possibilities in transforming the way people work, live and play. This revolution, compounded by on-going challenges faced by the healthcare industry, such as the evolving healthcare needs due to changing demographics, rise of chronic diseases, shortage of caregivers and cost of quality healthcare, is ushering societal and economic changes at an unprecedented pace.
However, the 4th Industrial Revolution also has the potential to be truly game-changing for the healthcare industry. Taken together, the potential for merging physical, digital and biological systems can enable the healthcare industry to achieve its aspirations.