Frost & Sullivan: Internet of Things and Digital Transformation

The internet of things (IoT) refers to the growing network of interconnected devices that can collect, share, and act on data. In healthcare, the IoT can include a wide range of devices, such as wearable fitness trackers, smart pill bottles, and home monitoring systems. The use of the IoT in healthcare can enable the collection of a vast amount of data about patients and their health, and can enable the development of new insights and solutions to improve health and healthcare.

Digital transformation, on the other hand, refers to the process of using digital technologies to fundamentally change how organizations operate and deliver value. In healthcare, digital transformation can involve the adoption of new technologies, such as electronic health records and telemedicine, to improve the efficiency, effectiveness, and accessibility of care. By leveraging the IoT and other digital technologies, healthcare organizations can undergo digital transformation to improve the quality of care they provide to patients.