Presented at the 'Aspects of Digital Innovation' conference in Salford Media City, this presentation illustrates the reasons health and care is the next frontier for disruption. It describes a scenario and lists the emerging trends in this sector.
1. Health Innovation
Chandan Rajah
Technology Expert and Advisor
Big Data & Internet of Things
chandan.rajah@cde.catapult.org.uk
@ChandanRajah
… and the Digital
Catapult
#IAmMyData
2. what is the digital catapult ?
Not for Profit Organisation Funded by Innovate UK
Stimulate the Digital Economy
Unlock Value from DataHelp New Businesses Faster and more Trusted Ways
Collaborate Unlock Accelerate> >
One of Seven
Rapidly Advance UK’s best Digital Ideas
“Innovation without commercialisation is like a car without an engine” – Vince Cable
#IAmMyData
3. dimensions of focus
1.
Personal, Data Privacy & Trust
“find new ways for technologists to work with data whilst safeguarding individual privacy and security”
2.
Unlocking Proprietary & Diverse Data
“making information useable by creating ways for innovators to exploit the full potential of closed data sets”
3.
Internet of Things
“accelerate the prototyping of future products by giving innovators advance access to new technology”
4.
Creative Innovation
“reduce licensing friction to create a new business-friendly online marketplace for re-use of content”
#IAmMyData
4. digital health & the data value chain
generation transport knowledge output value
Digital Health
across all four dimensions of focus
#IAmMyData
5. 5
health care is the next frontier for disruption
PEOPLE CONDITION PROCEDURE REMEDY
“£80 billion spent on health care in the UK ~ 7% GDP
$1.1 trillion spent on health care in the US ~ 10% GDP” - WHO
“$800 billion of value locked in health care data
6 – 8% unlocked today” – McKinsey & Co.
#IAmMyData
15. 15
data you know
data you don’t know
questionsyou’reasking
questionsyou’renotasking
Data Analysis
Data Science
reporting & description
discovery & prediction
DATA MODELLING
Y F( X, random noise, parameters)
ALGORITHMIC MODELLING
Y [ BLACK BOX ] X
enter big data science
16. 16
#IAmMyData
today, tomorrow, RIKUP & beyond
R
REPORTING
I
INFORMATION
K
KNOWLEDGE
P
PREDICTION
U
UNDERSTANDING
PAST FUTURE
CARE RECORDS
PROACTIVE FUTURE
CARE
IDENTIFY WRONG CARE
CARE MONITORING
REACTIVE HEALING
CLINICAL PATHWAYS
TREATMENT EFFICIENCY
COMPLEX
INTERACTIONS
PREVENTIVE REMEDY
CARE SIMULATION
17. trends
more data volunteered; more value demanded
data producers become consumers; care communities
needle in a haystack; early warning systems
transparency increases; proactive intervention
independence to interdependence; rise of the machines
advent of autonomous care; self administration