Francis Puno, Chairman of Southeast Asia Continua Health Alliance summarised the challenges of global healthcare as follows:
- Missing healthcare Access
- Population growth
- Rural health
- Lack of doctors
- Ebola crisis
Especially in Southeast Asian countries, such as Philippines which has close to 100 million inhabitants yet many rural areas and inadequate healthcare structures, it is difficult to provide a sufficient level of healthcare to all their citizens.
According to Gio Abaquin, Product Manager at SMART Enterprise, the solution to these challenges could be the Internet of things.
Puno and Abaquin both spoke at the 3rd edition of Asia IoT Business Platform: IoT Philippines on 10-11 February 2015, promoting the use of big data analytics, remote care, flexible patient monitoring and integrated healthcare solutions. IoT was regarded as the solution to lower the costs of healthcare dramatically while improving efficiency of treatment.
The implementation of these technologies can unlock new business opportunities for startups as well as existing solution providers who are extending their services in healthcare. Unfortunately, many governments tend to shy away from such implementations as they require considerable investments. Not Philippines though, where most funds are being channeled to the healthcare sector, nearly doubling its budget within the last 2 years. This provides a strong foundation, where investments into new healthcare practices are made possible.
Manufacturing sector also looking to increase efficiency at lower costs
Beyond healthcare, JD Montelibano, Head of Product Management for Business Applications, Globe Telecom Inc. pointed out that the potential of IoT in manufacturing is substantial. He mentioned that the number of things connected to the internet surpassed the number of people on earth in 2008. “By 2020, there will be about 50 to 75 billion connected devices around the world.”
So how is the situation of manufacturing in Asia?
Also at the 3rd edition of Asia IoT Business Platform: IoT Philippines in Manila, Montelibano cited the IDC Asia Pacific manufacturing insights 2014 survey, which stated that “manufacturing in Asia is at a tipping point where traditional enterprise IT applications…have attained basic levels of maturity in isolation”. It further suggested that “it is time for a seamless integration between them”. Montelibano sees IoT solutions joined by the network capability of the telco providers as the possibility for this seamless integration, which could improve the performance of manufacturing in Asian markets immensely.
We are seeing a growing number of dedicated teams led by senior management in exploring IoT for their businesses in Asia. Maynilad Water Services, Singapore Power Telecommunications, Continua Health Alliance SEA WG have shared their local success stories at Asia IoT Business Platform events this year.
By focusing on senior decision makers from end users to our conference, we aim to increase the number of CIOs leading IoT adoption in Southeast Asia.
Gavin Barfield, SVP & Chief Technology Advisor to Manila Electric Company and Dr. Francisco Castillo, SVP & CIO of Maynilad Water Services are part of the Advisory Board for the 7th Asia IoT Business Platform: IoT Phillipines in Manila, 23 & 24 May 2016. The Board is responsible for advising on the content, themes, objectives and speakers for the conference to ensure what is presented is highly relevant and educational.
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Nov 20, 2015