The Knowledge to Decide

The movement to digitize healthcare information promises to deliver massive gains in efficiency, effectiveness and patient access to personal data. The next steps in this revolution involve making health data accessible via mobile devices and applying big data analytics. Can healthcare IT really revolutionize the age-old healthcare industry? Medical records have traditionally been stored at hospitals and medical centers in the form of paper or analogue film explaining the old joke about doctor’s handwriting. Remarkably, a large share of medical records across the world is still stored in this way, especially in developing economies. But for decades now, a quiet revolution has been underway to make medical information digital, portable across different medical institutions, amenable to big data analytics and accessible to the patient. This revolution is now nearing the tipping point when big changes may become visible. Nowadays, leading healthcare providers in develop

Wearable technology may be quietly engineering a revolution in our lives. The full commercialization of wearable technology may liberate people from being tied to the home or office, increasing the importance of public spaces. And the merging of electronics with apparel promises to revolutionize the apparel industry in the same way that electronics revolutionized the automotive industry – up to one third of the value of a car now resides in the electronics. From Google Glasses and Apple’s iWatch to medical tracking devices, wearable technology is now within reach. How will it transform our lives? Market watchers have projected wearable technology to generate USD4.6 billion in revenue by the end of 2013. Approximately 10 million smart glasses are predicted to be available in the market by 2016, growing by 250 percent on average each year. Smart watches would also come into their own as a significant, high-growth market. Without a doubt, wearable tech will see massive, early-sta