Persistent Systems

Shaping the future of software driven business

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New healthcare systems that are data and software driven and used via digital channels

will be needed, resulting in huge demand for data, machine learning, algorithms, and

digital technology solutions.

The entire ecosystem in healthcare and life sciences will be engaging with patients

directly and will create products and solutions that provide that last mile of connection

directly with the user. This will allow patients to be directly involved in evolution of

products, drugs, and services in ways that will parallel how retail, finance, and other

industries have been transformed based on consumerization.

Patient care and wellness will be delivered in new ways by fundamentally altering

patient-provider interactions based on direct-to-consumer principles from other

industries. Care will not just be provided by highly trained professionals, but will be

virtualized, software driven, and delivered by a variety of organizations and personnel

who are less qualified but aided by software. App-based health management,

pharmacies introduced within community clinics, and virtual care call centers are all

examples of this mega trend.

Rahul Patel

General Manager

Healthcare and Life Sciences

Persistent Systems

Advancements in healthcare and bio sciences have helped improve overall health

conditions and life expectancy of humans greatly. However, costs continue to climb

rapidly. The combination of these two factors has meant that the overall cost burden

on healthcare is becoming prohibitive. US alone spends over $3 trillion in healthcare

and this cost is growing over 10% annually. Traditional approaches to increasing

efficiencies in current systems and processes are proving to be insufficient, and a

disruptive approach to transform healthcare is needed. At the same time, advances

in digital, data, software, and device technologies have matured to tackle the most

complex issues in healthcare, and we believe that these technologies and innovations

will form the foundation for this transformation.

Perspective

Healthcare and Life Sciences