I have been in the hotel technology industry for a long time, but I have never seen the pace of technological change and advancement move so quickly. It is almost as if, within the last two years, the industry has been pushed into hyperdrive and every small, medium and large tech company is jumping on the bandwagon. In the past, it was a big deal when we could connect a CRS to a PMS and implement a 2-way interface. Now we are talking about in-room voice recognition, robots, AI and much more.
Recently, the Healthcare and Life Sciences practice launched a podcast initiative with its own dedicated podcast team. The goal is to deliver a series of great discussions with our experts, industry professionals, clients, and potential guests, encompassing every facet of the healthcare and life sciences industry. The host of each edition will take the listener through a broad range of topics, marked by unprecedented insight and immediacy.
When talking about ‘digitization,’ there’s a great deal that comes to mind these days: Blockchain, Artificial Intelligence, Virtual Reality, and Machine Learning, just to name a few. With so many innovations and developments taking place, it’s hard to keep track.
We hear a great deal about the “frictionless travel experience” and how it may be a lofty goal, but every day we are getting closer and closer to this reality. Industry leaders agree that low-tech travel experiences are a thing of the past and consumer demand is driving innovation.
The digital era has dramatically altered the business practices of virtually every industry. And without question, a massive shift has occurred in the publishing sector with the emergence of the options to either read books electronically or listen to them on headphones.
"Anything that could give rise to smarter-than-human intelligence—in the form of artificial intelligence, brain-computer interfaces, or neuroscience-based human intelligence enhancement—wins hands down beyond contest as doing the most to change the world. Nothing else is even in the same league." - Eliezer Yudkowsky, artificial intelligence theorist.
“Look at the customer first because they’re going to tell you what they need. They’re going to decide the experience they want. Most media companies have insights divisions but are they going far enough? Are they really gathering all the information they have about the customer?” — David Ingham, media & entertainment industry consultant.
"Everyone in Germany is talking about Industrie 4.0, and in the past two years or so this topic has also become a major issue in the U.S., where it is subsumed under general headings such as smart manufacturing or advanced manufacturing." - Siegfried Russwurm, a member of the Siemens Managing Board and chairman of the governing body of the Industrie 4.0 platform.
Blockchain technology, the platform underpinning cryptocurrencies such as Bitcoin, has been touted as the “magic bullet” to solve the healthcare industry’s data interoperability and security issues and, possibly, usher in a new era of personalized medicine and scientific research. Overshadowed by the hype are the complexity and challenges involved in funding, implementing, and administrating a healthcare blockchain ecosystem. We spoke with Kirill Timofeev, DataArt’s Senior Project Manager and Lead Blockchain Expert, who provided valuable insights into the issues faced by the healthcare industry in adopting blockchain technology. Despite the uncertainty, the healthcare industry will continue to move forward with blockchain adoption.