PRESS NOTE
‘IoT WoRKSTM by HCL’, the Internet of Things (IoT) business unit of HCL Technologies, continues to take the lead in developing and showcasing best–in–class IoT solutions and platforms for clients, delivering innovation and measurable business outcomes. At the Intel Developer Forum in August 2016, IoT WoRKSTM showcased its healthcare IoT – ‘Surgical Kit Track & Trace Solution’. It was named as one of the best solutions at Intel Developer Forum by CRN. The solution enables reduction in inventory costs with improved visibility via real time location including the status of its content. This, apart from inventory reductions, significantly contributes towards operational efficiency across several functions for the equipment provider as well as the healthcare providers.
The global healthcare IoT market is growing significantly. According to P&S Market ResearchTM, the market is being driven by the increasing demand for advanced healthcare information system, and growing prevalence of chronic and lifestyle associated diseases. MarketsandMarkets estimates the global IoT market in healthcare to grow from USD 32.5 Billion in 2015 to USD 163.2 Billion by 2020, at a CAGR of 38.1%.
‘IoT WoRKSTM by HCL' has developed and launched several best–in–class platforms and solutions for healthcare and life sciences such as Remote Patient Monitoring. Remote Patient Monitoring solution enables Pharma companies to conduct smart and accelerated clinical trials; enables Providers to offer effective transition care; and enables all stakeholders –Payors, Provider, Patient – to effectively manage chronic diseases. At the Intel Developer Forum, HCL showcased ‘Surgical Kit Track & Trace Solution’, which is platform agnostic and enables GPS–based kit tracking and tracing. It uses wireless and passive infrared sensors for accurate instrument/surgical kit usage tracking. Some of the benefits include automated inventory replenishment of kits, fully automated record keeping and eliminating the risks of unsterilized instruments being used by facilitating control.
HCL’s IoT–enabled healthcare ecosystem, solutions and platforms offer significant opportunities that can be leveraged and explored to deliver innovation and tangible outcomes in areas such as patient care, safety and quality & compliance.